Reuters - Technology Report

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Friday, August 18, 2017

Former Uber CEO says investor lawsuit a 'public and personal attack'

SAN FRANCISCO (Reuters) - The ousted chief executive of Uber Technologies Inc [UBER.UL] rejected a lawsuit filed against him by one of the company's top investors as a "public and personal attack" without merit, according to court documents filed late on Thursday.

Ukraine central bank warns of new cyber-attack risk

KIEV (Reuters) - The Ukrainian central bank said on Friday it had warned state-owned and private lenders of the appearance of new malware as security services said Ukraine faced cyber attacks like those that knocked out global systems in June.

Facebook tests adding news stories customized to users' interests

SAN FRANCISCO (Reuters) - Facebook Inc is testing a feature in the Facebook News Feed that provides customized links to news on topics of interest to individual users, as the company continues to search for ways to increase the amount of time that people spend using the world's largest social media network.

U.S. digital rights group slams tech firms for barring neo-Nazis

SAN FRANCISCO (Reuters) - A digital rights group based in San Francisco on Thursday criticized several internet companies for removing neo-Nazi groups from servers and services, saying the actions were "dangerous" and threatened free expression online.

China's Lenovo warns of cost challenges as it sinks to Q1 loss

HONG KONG (Reuters) - Chinese personal computer maker Lenovo Group Ltd warned of higher costs and margin pressure due to shortages of components like memory chips, as it posted its first quarterly loss in almost two years on Friday.

Wisconsin bill giving $3 billion incentives to Foxconn advances

(Reuters) - Wisconsin's Republican-controlled state Assembly voted 59-30 on Thursday to approve a bill that paves the way for a $3 billion incentives package for a proposed liquid-crystal display plant by Taiwan's Foxconn.

Infosys CEO Vishal Sikka resigns, blames 'drumbeat of distractions'

BENGALURU/MUMBAI (Reuters) - Vishal Sikka, the chief executive brought in to turn around India's Infosys three years ago, resigned suddenly on Friday, blaming a "continuous drumbeat of distractions" and a long-running row with founders over the tech firm's strategy.

YouTube TV expands to 14 new markets, partners with Sinclair stations

(Reuters) - Alphabet Inc's Google has expanded its YouTube TV streaming service into 14 new U.S. markets to reach half of American households, with an additional 17 markets to launch in the next few weeks, the company said on Thursday.

Uber wins U.S. court appeal to push price-fixing case to arbitration

NEW YORK (Reuters) - Uber Technologies Inc [UBER.UL] on Thursday won a victory in its effort to keep unhappy customers from suing in court, persuading a federal appeals court to send a Connecticut passenger's price-fixing case against the ride-service company into arbitration.

Lenovo says more confident it can achieve mobile turnaround goal

HONG KONG (Reuters) - Chinese personal computer maker Lenovo Group Ltd is more confident it can achieve its turnaround goal for its mobile business in the second half of fiscal year 2018, Chairman and Chief Executive Yang Yuanqing told Reuters on Friday.