Category : Reuters - Technology

Reuters reveals Italy to spend 60% more of EU funds on better broadband

Reuters revealed that Italy aims to spend almost 7 billion euros ($8.33 billion) in European recovery funds on ultra-fast networks, up 60% from a previous goal, as ministers lay out alternatives to a long-delayed single national broadband plan. The...

Reuters exclusively reports India is offering a billion for every chipmaker who ‘makes in India’

Reuters exclusively reported that India is offering more than $1 billion in cash to each semiconductor company that sets up manufacturing units in the country as it seeks to build on its smartphone assembly industry and strengthen its electronics su...

Reuters reveals Analog Devices’ $21 billion Maxim buy set for EU approval; market reacts

Reuters exclusively reported that U.S. semi-conductor maker Analog Devices Inc (ADI) is set to gain unconditional European Union antitrust approval for its proposed $21 billion takeover of Maxim Integrated Products. The deal, ADI’s biggest, will boo...

Reuters exclusively reports software vendors would have to disclose breaches to U.S. government users under new order

Reuters exclusively reported that a planned Biden administration executive order will require many software vendors to notify their federal government customers when the companies have a cybersecurity breach. Following the SolarWinds Corp hack, whic...

Reuters details how Southeast Asian tech firm SEA sends rivals scrambling

Reuters detailed how Southeast Asia tech group Sea Ltd has invested heavily in its Shopee e-commerce brand and successfully taken on Alibaba’s Lazada and other rivals in recent years. Now it is muscling into food delivery and financial service...

Reuters reveals Google’s privacy push draws U.S. antitrust scrutiny

Reuters broke the news that Google’s plan to block a popular web tracking tool called “cookies” is a source of concern for U.S. Justice Department investigators who have been asking advertising industry executives whether the move...

Reuters exclusively reports TikTok considers introducing group chat feature

Video-sharing platform TikTok may launch a group messaging feature this year, Reuters reported exclusively, putting the Chinese-owned app in more direct competition with social media rivals such as Facebook. Group messaging is part of owner ByteDanc...

Reuters exclusively reports Microsoft could reap more than $150 million in new U.S. cyber spending, upsetting some lawmakers

Reuters exclusively reported that Microsoft stands to receive nearly a quarter of Covid relief funds destined for U.S. cybersecurity defenders, angering some lawmakers who don’t want to increase funding for a company whose software was recently at t...

Reuters first to report Database company Couchbase files for IPO

Reuters was first to report that database software firm Couchbase Inc has registered for a stock market debut that could come in the first half of this year and value it at as much as $3 billion. The company has achieved more than $100 million in an...

Reuters examines how Chinese giant DJI hit by U.S. tensions, staff defections

Reuters examined how dominant Chinese drone giant DJI Technology Co Ltd’s North American operations have been hit by internal ructions in recent weeks and months, with a raft of staff cuts and departures. The loss of key managers, some of who ...

Reuters exclusively reports U.S. agency probing Facebook for ‘systemic’ racial bias in hiring, promotions

A U.S. agency investigating Facebook Inc for racial bias in hiring and promotions has designated the probe as “systemic,” attorneys for three job applicants and a manager who claim the company discriminated against them told Reuters. A &...

Reuters reveals Instacart mulls direct listing in snub to IPOs

Reuters broke the news that U.S. grocery delivery app Instacart is considering going public through a direct listing, concerned that it could leave money on the table through a traditional initial public offering (IPO). Investment bankers working on...

Reuters exclusively reports amid shortage, U.S. suppliers to Chinese chip giant SMIC struggle to get export licenses

Reuters reported exclusively that the U.S. government has been slow to approve licenses for American companies to sell chipmaking equipment to China semiconductor giant SMIC, as the impact of a global chip shortage spreads. Many licenses for U.S. su...

Reuters exclusively reports Apple faces EU charges over Spotify complaint

Reuters exclusively reported that Apple could face an EU antitrust charge sheet in the coming weeks after a complaint by rival Spotify that it unfairly pushed its own music streaming service. The European Commission could send the statement of objec...

Reuters offers an insightful look at how a 10-second video clip sold for $6.6 million

Reuters offered an insightful look at a new type of digital asset – known as a non-fungible token (NFT) –which has exploded in popularity during the pandemic, as enthusiasts and investors scramble to spend enormous sums of money on items that only e...