Reuters - Technology Report

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Monday, May 13, 2019

Exclusive: Amazon rolls out machines that pack orders and replace jobs

Amazon.com Inc is rolling out machines to automate a job held by thousands of its workers: boxing up customer orders.

TV networks emerge as obstacles on YouTube's hunt for ads

Three years ago, the beginning of the end of the U.S. television business looked certain when one of the largest ad buying agencies vowed to move a big chunk of its purchases to YouTube from TV budgets.

Tencent's PUBG replacement 'Game for Peace' rakes in $14 million in 72 hours

Tencent Holdings Ltd's alternative to its video game "PlayerUnknown's Battlegrounds" (PUBG) in China became the world's top-grossing mobile battle royale title on Apple's iOS app store in the first 72 hours of its launch, research showed.

Bitcoin holds above $7,000 after hitting nine-month high

Bitcoin hovered above $7,000 on Monday, close to nine-month highs, as the biggest cryptocurrency's 2019 rally gathered steam.

Foxconn poised to nominate chip boss as Taiwan group's next chair: sources

iPhone assembler Foxconn is poised to nominate its chip unit head as group chairman to succeed Taiwan presidential hopeful Terry Gou, in what is internally seen as a surprise move, two people with direct knowledge of the matter said.

U.S. presidential contender Kamala Harris favors look at breaking up Facebook

Democratic presidential candidate Kamala Harris said on Sunday that U.S. officials should consider breaking up Facebook Inc, the world's largest social media company, saying it is a utility that has gone unregulated.

Now you can explore a cave without actually going into a cave

Czech speleologists have come up with a way to explore flooded cave systems without strapping on scuba gear, wet suits, helmets and water-proof lamps: 3D mapping.

U.S. says Huawei lawyer's prior work at Justice Department poses conflicts

Huawei Technologies Co Ltd lawyer James Cole's prior work at the U.S. Department of Justice created conflicts of interest that should disqualify him from defending the Chinese company in a case of alleged bank fraud and sanctions violations, U.S. prosecutors said in a filing on Friday.

AT&T's Mexico unit loses class action lawsuit to consumer watchdog

Mexico's consumer watchdog, Profeco, said on Friday it won a class-action lawsuit against the local unit of U.S. telecommunications giant AT&T Inc for undue charges and poor service.

U.S. investor awarded $75 million in cryptocurrency crime case

U.S. entrepreneur and cryptocurrency investor Michael Terpin won $75.8 million in a civil judgment against a 21-year-old man who Terpin said was part of a scheme that defrauded him of digital currencies, court documents showed on Friday.