Reuters Technology Report: June 23, 2017

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Friday, June 23, 2017

Under pressure, Western tech firms bow to Russian demands to share cyber secrets

WASHINGTON/MOSCOW (Reuters) - Western technology companies, including Cisco, IBM and SAP, are acceding to demands by Moscow for access to closely guarded product security secrets, at a time when Russia has been accused of a growing number of cyber attacks on the West, a Reuters investigation has found.

Facebook launches UK initiative to counter online extremist material

(Reuters) - Facebook Inc is launching a UK program to train and fund local organizations to combat extremist material online, as internet companies attempt to clamp down on hate speech and violent content on their services.

Toshiba stock listing status downgraded, deeper losses flagged

TOKYO (Reuters) - Crisis-wracked Toshiba Corp suffered further indignities on Friday, estimating bigger losses for the past financial year and getting demoted to the second section of the Tokyo Stock Exchange.

Trump meets wireless, drone executives on new technologies

WASHINGTON (Reuters) - U.S. President Donald Trump offered support for emerging technologies including unmanned aerial vehicles and next-generation wireless networks in a meeting on Thursday with the chiefs of AT&T Inc and General Electric Co and other business leaders.

Exclusive: Amazon to charge $2.8 million for NFL ad packages - sources

NEW YORK (Reuters) - Amazon.com Inc is looking to charge advertisers $2.8 million for packages that include 30-second spots during the Thursday night National Football League games it will stream live to its Prime customers this coming season, two people familiar with the matter told Reuters.

Exclusive: China Unicom counts Alibaba, Tencent among investors in drive to raise $10 billion - sources

HONG KONG (Reuters) - Chinese tech giants Alibaba Group Holdings and Tencent Holdings will be among new investors pouring a total of around $10 billion into mobile carrier China Unicom, sources said, part of efforts by Beijing to rejuvenate state behemoths with private cash.

Russia threatens to block Telegram messaging app

MOSCOW (Reuters) - Russia's communications regulator Roskomnadzor on Friday accused the Telegram messaging app of violating Russian legislation and said it could be blocked if it did not provide the watchdog with information about the company that controls Telegram.

Judge says San Francisco can subpoena Uber for driver information

SAN FRANCISCO (Reuters) - A California state judge said on Thursday that San Francisco can demand from Uber records containing the ride-hailing company's driver contact information, the city attorney said.

Big Oil turns to big data to save big money on drilling

(Reuters) - In today's U.S. shale fields, tiny sensors attached to production gear harvest data on everything from pumping pressure to the heat and rotational speed of drill bits boring into the rocky earth.

Tesla moves a step closer to building electric cars in China

BEIJING/DETROIT (Reuters) - Tesla Inc took a step closer toward establishing an electric vehicle manufacturing plant in China with its announcement on Thursday that it is in exploratory talks with the Shanghai municipal government.

Reuters Technology Report: June 23, 2017

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