Reuters - Technology Report

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Thursday, November 23, 2017

Amazon starts Australian trial after months of hype

SYDNEY (Reuters) - Amazon.com Inc's Australian arm began an order-taking trial on Thursday, giving life to the hype which has preceded its arrival in the world's No. 12 economy and weighed on the shares of the brick-and-mortar retail sector.

Lyft raises another $500 million in additional round of funding

The additional funding round, led by Alphabet Inc's CapitalG, is an extension of the $1 billion round announced in October.

Dining goes digital for Thailand's street food vendors

BANGKOK (Reuters) - Bangkok's famous street-food vendors have joined the digital revolution, embracing payment via Quick Response (QR) barcodes that can be read using smartphones.

Exclusive: China's SenseTime plans IPO, U.S. R&D center as early as 2018

HONG KONG (Reuters) - Chinese artificial intelligence (AI) start-up SenseTime Group, valued at more than $2 billion, is planning an IPO and aims to open a U.S. research and development center as early as next year, its founder told Reuters.

Flat profit gives Angry Birds maker's shares the blues

HELSINKI (Reuters) - Angry Birds maker Rovio Entertainment fell short of market expectations for quarterly sales and profit on Thursday, sparking a near 20 percent fall in the Finnish firm's shares.

YouTube steps up takedowns as concerns about kids' videos grow

(Reuters) - YouTube stepped up enforcement of its guidelines for videos aimed at children, the unit of Alphabet Inc's Google said on Wednesday, responding to criticism that it has failed to protect children from adult content.

Uber's messy data breach collides with launch of SoftBank deal

TORONTO/SAN FRANCISCO (Reuters) - A newspaper advertisement for an Uber Technologies Inc stock sale was juxtaposed on Wednesday with a report that the ride-service provider had covered up a data hack - something of a metaphor for Uber, a company with boundless investor interest, but whose penchant for rule-breaking has led to a series of scandals.

Broadcom considering sweetened Qualcomm bid: sources

(Reuters) - Chipmaker Broadcom Ltd is considering raising its offer to buy rival Qualcomm Inc by offering more of its own stock, following consultation with several of Qualcomm's top shareholders, according to people familiar with the matter.

Peter Thiel sells most of remaining Facebook stake

(Reuters) - Facebook Inc's first major investor Peter Thiel has sold three-quarters of his remaining stake in the social network as part of a previously established trading plan, a regulatory filing showed.

HPE CEO Whitman's surprise exit stumps Wall Street

(Reuters) - Shares of Hewlett Packard Enterprise Co fell 6 percent on Wednesday after Chief Executive Officer Meg Whitman's decision to step down from the role took Wall Street by surprise.