Reuters - Technology Report

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Monday, July 31, 2017

Charter Communications says 'no interest' in buying Sprint

(Reuters) - U.S. cable operator Charter Communications Inc said on Sunday it was not interested in acquiring U.S. wireless carrier Sprint Corp, leaving the latter's majority owner, SoftBank Group Corp, pondering how to orchestrate a merger.

Putin bans VPNs to stop Russians accessing prohibited websites

MOSCOW (Reuters) - President Vladimir Putin has signed a law that prohibits technology that provides access to websites banned in Russia, the government's website showed on Sunday.

India's Snapdeal ends talks for sale to Flipkart

MUMBAI/BENGALURU (Reuters) - Indian e-commerce firm Snapdeal on Monday said it was ending all talks regarding a sale to bigger rival Flipkart and would remain independent, bringing down the curtain on months of negotiations around the deal valued at up to $950 million.

Panasonic first quarter profit up 17 percent; expects profit from Tesla's Model 3 batteries by year-end

TOKYO (Reuters) - Japan's Panasonic Corp on Monday reported a 16.9 percent rise in first-quarter operating profit, mostly in line with analyst estimates, as a shift to advanced automotive parts starts to reward the electronics giant.

Apple says it is removing VPN services from China App Store

BEIJING (Reuters) - Apple Inc says it is removing virtual private network (VPN) services from its app store in China, drawing criticism from VPN service providers, who accuse the U.S. tech giant of bowing to pressure from Beijing cyber regulators.

Exclusive: Congress asks U.S. agencies for Kaspersky Lab cyber documents

LAS VEGAS (Reuters) - A U.S. congressional panel this week asked 22 government agencies to share documents on Moscow-based cyber firm Kaspersky Lab, saying its products could be used to carry out "nefarious activities against the United States," according to letters seen by Reuters.

BT floats 600 million-pound plan to push broadband into remote corners of UK

LONDON (Reuters) - British telecoms provider BT has offered to invest up to 600 million pounds ($778 million) to provide faster broadband services to remote parts of the country, Britain's government said on Sunday.

Amazon everywhere: E-commerce titan is topic companies can't avoid

NEW YORK (Reuters) - What looms over businesses as far flung as car repair, lab equipment and swimming pool gear? In a word, Amazon.

Hackers scour voting machines for election bugs

LAS VEGAS (Reuters) - Hackers attending this weekend's Def Con hacking convention in Las Vegas were invited to break into voting machines and voter databases in a bid to uncover vulnerabilities that could be exploited to sway election results.

Google, Facebook show power of ad duopoly as rivals stumble

SAN FRANCISCO (Reuters) - Quarterly results from Alphabet Inc and Facebook Inc provided fresh evidence this week that the digital advertising market is effectively a duopoly, a dynamic with deep implications for two of Silicon Valley's titans.