FILE PHOTO: Broadcom Limited company logo is pictured on an office building in Rancho Bernardo, California May 12, 2016. REUTERS/Mike Blake BRUSSELS (Reuters) – U.S. chipmaker Broadcom has offered to settle an EU antitrust investigation into its exclusivity deals with TV and modem makers, EU antitrust regulators said on Monday, a move that would stave
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JERUSALEM (Reuters) – Citing grave dangers to privacy, Israel’s Supreme Court ruled on Sunday that the government must bring its use of mobile phone tracking deployed in the battle against the new coronavirus under legislation. FILE PHOTO: People walk on the platform at Israel’s new high-speed rail line station at Ben Gurion International Airport, in
TEL AVIV (Reuters) – Israel’s Corsight AI, which has developed technology to recognize faces concealed by masks, goggles and plastic shields, raised $5 million from Awz Ventures, a Canadian fund focused on intelligence and security technologies. Corsight said on Sunday it will use the funds to market the platform and to continue development. In March,
SAN FRANCISCO (Reuters) – U.S. states promoting apps that could prove essential to ending the coronavirus lockdown may be headed for a showdown with the two Silicon Valley companies that control key software on 99% of smartphones over the collection of sensitive GPS location data. FILE PHOTO: The Care19 mobile app, which the governors of
SAN FRANCISCO (Reuters) – Facebook Inc (FB.O) introduced a videoconferencing tool and expanded livestreaming features on Friday, capitalizing on a surge in demand for video chats during the coronavirus pandemic while taking its first steps toward a planned integration of messaging products across its apps. FILE PHOTO: A Facebook logo is displayed on a smartphone
(Reuters) – Intel Corp (INTC.O) on Thursday forecast second-quarter earnings below Wall Street views as it cited the cost of readying a new PC chip and said it could not make a forecast for the full year because of economic uncertainty caused by the coronavirus pandemic. FILE PHOTO: U.S. chipmaker Intel Corp’s logo is seen
(Reuters) – Zoom (ZM.O) video conferencing app’s user base grew by another 50% to 300 million in the last three weeks, as the company fought to quell a backlash around security and safety that has seen a number of governments and firms ban its applications. Shares of Zoom, which have surged nearly five-fold since the
FILE PHOTO: A man walks out of the headquarters of LG Display in Seoul, October 20, 2011. REUTERS/Jo Yong-Hak/File Photo SEOUL (Reuters) – South Korea’s LG Display Co Ltd reported its fifth straight quarter of operating losses on Thursday, hit hard as demand for smartphones and televisions slumped due to the coronavirus pandemic. The operating
NEW DELHI/BENGALURU (Reuters) – Facebook (FB.O) is set to spend $5.7 billion to buy a 9.99% stake in Reliance Industries’ (RELI.NS) digital arm, as it looks to roll out services for India’s grocers and small businesses by capitalizing on WhatsApp’s extensive reach in the country. The deal announced on Wednesday is Facebook’s biggest since its
(Reuters) – Netflix Inc (NFLX.O) more than doubled its own projections for new customers as quarantined audiences binged on series such as “Tiger King,” but the company predicted a weaker second half of the year if stay-at-home orders to fight the coronavirus are lifted. FILE PHOTO: Small toy figures are seen in front of diplayed
LONDON (Reuters) – Bitcoin has fared better than stocks but worse than gold and U.S. Treasuries during the coronavirus pandemic, with investors ascribing its performance to speculative bets and bids to hedge against inflation linked to stimulus measures. Enthusiasts have laid out numerous narratives for bitcoin as an investment proposition through its first 12 years
(Reuters) – Walmart Inc’s video-on-demand service, Vudu, said on Monday it would be acquired by Fandango Media LLC, a movie ticketing service owned by cable company Comcast Corp. The terms or value of the deal were not disclosed. Walmart bought Vudu over a decade ago, but the service, which allows customers to either buy or
FILE PHOTO: The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, Canada, September 28, 2018. REUTERS/Chris Wattie (Reuters) – Shopify Inc said on Monday it would provide cash advances to small businesses in Canada that are struggling due to the impact of the coronavirus outbreak on the global economy. The Canadian e-commerce
FILE PHOTO: A logo of Alibaba Group is seen at the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, October 20, 2019. REUTERS/Aly Song/File Photo SHANGHAI (Reuters) – China’s Alibaba Group Holding Ltd will invest 200 billion yuan ($28.27 billion) in cloud infrastructure over a three year period, the e-commerce company said on Monday.
(Reuters) – Twitter Inc will not be able to reveal surveillance requests it received from the U.S. government after a federal judge accepted government arguments that this was likely to harm national security after a near six-year long legal battle. FILE PHOTO: The Twitter logo is displayed on a screen on the floor of the
FILE PHOTO: Small toy figures are seen in front of displayed Netflix logo in this illustration taken March 19, 2020. REUTERS/Dado Ruvic/Illustration LOS ANGELES (Reuters) – Netflix Inc (NFLX.O) has increased the amount of money in its coronavirus emergency relief fund by $50 million, bringing the total for displaced production workers to $150 million, a