Reuters - Technology Report

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Thursday, July 20, 2017

BlackBerry wins right to sell secure messaging tools to U.S. government

TORONTO (Reuters) - BlackBerry Ltd said on Thursday it has won the right to sell tools for encrypting phone calls and text messages to the U.S. federal government, garnering an endorsement from the National Security Agency for the products.

Maersk applies new IT security systems after malware attack

COPENHAGEN (Reuters) - A.P. Moller-Maersk said on Thursday its anti-virus software was not effective against a new type of malware that hit the Danish shipping giant last month, but said further protective measures have now been put in place.

Facebook in talks with publishers on supporting subscription models

(Reuters) - Facebook Inc is in early talks with several news publishers about how its social media site can better support subscription business models, the company's head of news partnerships, Campbell Brown, said in a statement on Wednesday.

Amazon launches shopping social network Spark for iOS

NEW YORK (Reuters) - Amazon.com Inc has launched a social feature called Spark that allows members to showcase and purchase products on its platforms, the retail giant's first clear move into the world of social media.

China forecasts artificial intelligence industry to exceed 400 billion yuan by 2025

BEIJING (Reuters) - China unveiled a national artificial intelligence (AI) development plan on Thursday, and said it expects the value of its core AI industries to exceed 150 billion yuan by 2020 and 400 billion yuan ($59.07 billion) by 2025.

Cloud services lift SAP sales but costs tether profit growth

FRANKFURT (Reuters) - Newer cloud services powered a rise in second-quarter revenue at Germany's SAP but higher costs curbed profit growth, results from Europe's most valuable technology firm showed on Thursday.

Fintech charmed by Macron but reluctant to leave London for Paris

PARIS (Reuters) - France's fast-growing fintech sector is optimistic the country's dynamic new president will push it up the global rankings. But startups based in London do not yet seem ready to swap that key hub for Paris, even if they have French roots.

Qualcomm's profit forecast disappoints as Apple battle takes toll

(Reuters) - Qualcomm Inc forecast fourth-quarter profit below analysts' estimates as the company's escalating patent battle with Apple Inc continues to take a toll on its licensing business.

Lenovo's PC business to return to positive growth this year: CEO

SHANGHAI (Reuters) - Lenovo Group Ltd's personal computer (PC) business will return to positive growth in its fiscal 2017/18 year, the firm's chief executive Yang Yuanqing told Reuters on Thursday, after a drop in shipments last year.

Volvo Cars plans technology-sharing venture with Geely

STOCKHOLM (Reuters) - Sweden's Volvo Car Group said on Thursday it would set up a joint venture with its Chinese parent to share existing and future technology with other brands in the Geely family.