(Reuters) – Apple Inc (AAPL.O) has agreed to pay up to $500 million to settle litigation accusing it of quietly slowing down older iPhones as it launched new models, to induce owners to buy replacement phones or batteries. FILE PHOTO: An Apple Store employee walks past an illustration of iPhones at the new Apple Carnegie
Technology
FILE PHOTO: The logo of Samsung Electronics is pictured at the company’s factory in Tijuana, Mexico, June 1, 2019. REUTERS/Jorge Duenes HANOI (Reuters) – Samsung Electronics has started building a $220 million research and development centre in Vietnam, the South Korean tech giant’s local unit said on Monday. Construction of the centre in Hanoi will
(Reuters) – Hedge fund Elliott Management Corp has amassed a stake in Twitter Inc (TWTR.N) and is pushing for changes, including removal of the social media company’s chief executive, Jack Dorsey, two people familiar with the matter said on Friday. FILE PHOTO: Paul Singer, founder and president of Elliott Management Corporation, speaks at WSJD Live
WASHINGTON (Reuters) – The Federal Communications Commission confirmed on Friday it voted to propose fining four major U.S. wireless carriers more than $200 million for failing to protect consumers’ location information. FILE PHOTO: The Federal Communications Commission (FCC) logo is seen before the FCC Net Neutrality hearing in Washington February 26, 2015. REUTERS/Yuri Gripas/File Photo
FILE PHOTO: A Lyft Scooter is parked in Washington, U.S., March 29, 2019. REUTERS/Brendan McDermid (Reuters) – Ride hailing company Lyft Inc (LYFT.O) said on Friday the coronavirus outbreak has led to production delays of certain automotive parts and components of bikes and scooters. The outbreak may lead to further supply chain or business disruptions
(Reuters) – Vatican officials on Friday planned to release principles promoting the ethical use of artificial intelligence (AI), with the backing of Microsoft Corp and International Business Machines Corp as the first two technology industry sponsors. FILE PHOTO: Pope Francis waves during the weekly general audience at Vatican, February 26, 2020. REUTERS/Remo Casilli The “Rome
SAN FRANCISCO (Reuters) – Facebook Inc (FB.O) will provide a way for people to track political sponsored content on Facebook and Instagram ahead of the U.S. presidential election, it said on Thursday. FILE PHOTO: The Facebook logo is displayed on a mobile phone in this picture illustration taken December 2, 2019. REUTERS/Johanna Geron/Illustration/File Photo The
FILE PHOTO: The Microsoft logo is pictured ahead of the Mobile World Congress in Barcelona, Spain February 24, 2019. REUTERS/Sergio Perez/File Photo JAKARTA (Reuters) – Microsoft Corp is keen to invest in data centers in Indonesia which will soon make regulatory changes to facilitate the move, the country’s president said after meeting with the software
FILE PHOTO: A salesman uses his iPhone at a mobile phone store in New Delhi, India, July 27, 2016. REUTERS/Adnan Abidi/File Photo CUPERTINO, California – (Reuters) – Apple Inc will open its first physical retail store in India in 2021, Chief Executive Tim Cook said on Wednesday. Responding to a question from a shareholder at
FILE PHOTO: The Panasonic booth is shown during the 2020 CES in Las Vegas, Nevada, U.S. January 7, 2020. REUTERS/Steve Marcus TOKYO/LOS ANGELES (Reuters) – Japan’s Panasonic Corp (6752.T) is considering pulling out of solar cell production at Tesla Inc’s (TSLA.O) plant in New York, said people with direct knowledge of the matter, raising uncertainty
LONDON (Reuters) – Julian Assange tried to contact Hillary Clinton and the White House when he realised that unredacted U.S. diplomatic cables given to WikiLeaks were about to be dumped on the internet, his lawyer told his London extradition hearing on Tuesday. Assange is being sought by the United States on 18 counts of hacking
FILE PHOTO: A man holds a laptop computer as cyber code is projected on him in this illustration picture taken on May 13, 2017. REUTERS/Kacper Pempel/Illustration MEXICO CITY (Reuters) – Mexico’s economy ministry detected a cyber attack on some of its servers on Sunday but did not consider sensitive information to have been compromised, and
LONDON (Reuters) – Huawei unveiled an upgrade to its folding smartphone on Monday, hoping that a higher-quality display and faster hardware will encourage consumers to spend as much as $2,700 on its premium version. FILE PHOTO: The Huawei logo is seen on a communications device in London, Britain, January 28, 2020. REUTERS/Toby Melville/File Photo The
RIYADH (Reuters) – Failure to reach a global deal on where and how much to tax digital giants such as Google (GOOGL.O), Amazon (AMZN.O) or Facebook (FB.O) would result in many digital tax regimes emerging all over the world, France’s Finance Minister said on Sunday. FILE PHOTO: French Finance Minister Bruno Le Maire attends a
NEW DELHI (Reuters) – U.S. satellite broadband provider Hughes Network Systems may have to shut its Indian operations due to unpaid levies owed to the government, which could put thousands of banking services at risk, a company letter seen by Reuters showed. FILE PHOTO: A view of telecom towers installed over the buildings is pictured
RIYADH (Reuters) – Leading world economies must show unity in dealing with aggressive “tax optimization” by global digital giants like Google (GOOGL.O), Amazon (AMZN.O) and Facebook (FB.O), G20 officials said on Saturday. FILE PHOTO: The Facebook logo is displayed on a mobile phone in this picture illustration taken December 2, 2019. REUTERS/Johanna Geron/Illustration – RC2OND9JJLZ0/File