Reuters - Technology Report

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Friday, June 30, 2017

Despite hacking charges, U.S. tech industry fought to keep ties to Russia spy service

(Editors note: Attention to language in paragraph 22 that may be offensive to some readers.)

Global cyber attack likely cover for malware installation in Ukraine: police official

KIEV/FRANKFURT (Reuters) - The primary target of a crippling computer virus that spread from Ukraine across the world this week is highly likely to have been that country's computer infrastructure, a top Ukrainian police official told Reuters on Thursday.

China plans to launch national AI plan- China Daily

SHANGHAI (Reuters) - China will launch a series of artificial intelligence (AI) projects and increase efforts to cultivate tech talent as part of a soon to announced national AI plan, the China Daily said on Friday, citing a senior official.

Roche buys diabetes app firm in digital health push

ZURICH (Reuters) - Roche has bought Vienna-based diabetes management platform mySugr for an undisclosed price, the Swiss drugmaker said on Friday, joining a growing crowd of companies expanding into app-based digital health services.

RadioShack creditors' lawsuit says Sprint killed 6,000 jobs

WILMINGTON, Del./BOSTON (Reuters) - Sprint Corp used confidential information from its alliance with RadioShack Corp to open competing mobile phone stores, dooming the comeback by the electronics retailer and destroying jobs, according to a lawsuit filed on Wednesday by RadioShack creditors.

Ukraine power company says hit by second cyber attack Thursday

KIEV (Reuters) - Ukrainian state power distributor Ukrenergo was hit by another cyber attack on Thursday which used a computer virus different from one that hit Ukraine on Tuesday, said Ukrenergo's acting head said.

LeEco's Coolpad delays financial report again, cites audit problems

HONG KONG (Reuters) - Chinese smartphone maker Coolpad , part of the cash-strapped LeEco technology conglomerate, on Friday said it would further delay the publication of its 2016 financial results due to outstanding audit issues.

Chinese telecom firm ZTE to double 5G research spending

HONG KONG (Reuters) - Chinese telecom equipment maker ZTE Corp will double its research spending on fifth-generation mobile network (5G) from this year, the company said, as China steps up the push to build the world's largest 5G network.

Facebook says internet drone lands successfully on second test

SAN FRANCISCO (Reuters) - Facebook Inc said on Thursday it had completed a second test of an unmanned aircraft designed to some day beam internet access to remote parts of the planet, and unlike in the first test, the drone did not crash.

Alibaba to launch product similar to Amazon Echo: source

(Reuters) - Chinese e-commerce company Alibaba Group Holding Ltd would launch a product mimicking Amazon.com Inc's "Echo" next week, according to a source familiar with the matter.