Reuters - Technology Report

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Thursday, March 16, 2017

Yahoo cyber indictment shows Kremlin, hackers working hand-in-hand

WASHINGTON (Reuters) - Wednesday's indictments in the United States of four people in a 2014 cyber attack on Yahoo Inc provides the clearest details yet on what some U.S. officials say is a symbiotic relationship between Moscow's security services and private Russian hackers.

Vietnam urges firms to stop YouTube and Facebook ads

HANOI (Reuters) - Vietnam on Thursday called on all companies doing business in the country to stop advertising on YouTube, Facebook and other social media until they find a way to halt the publication of "toxic" anti-government information.

Apple, Google, Facebook skip legal challenge to new travel ban

SAN FRANCISCO (Reuters) - Apple Inc, Alphabet Inc's Google and Facebook Inc are among more than 60 technology companies that appear to have backed away from the legal fight against U.S. President Donald Trump's controversial travel ban, deciding not to put their weight behind a lawsuit seeking to block the second version of his executive order.

U.S. tech group urges global action against Chinese "mercantilism"

BEIJING (Reuters) - A U.S. technology group said in a report on Thursday that China's mercantilist industrial policies were a risk to the global economy and trading system, and called for international pressure on China to force a policy "reset".

Shenzhen-listed shares of China's ZTE surge 10 percent in resumed trade

HONG KONG (Reuters) - Shenzhen-listed shares of Chinese telecom equipment maker ZTE Corp jumped 10 percent on Thursday, resuming trading after a nine-day halt and catching up with gains in its Hong Kong shares that were sparked by the settlement of a U.S. sanctions case.

Tesla to raise about $1.15 billion in stock, notes; Musk to buy shares

SAN FRANCISCO (Reuters) - Tesla Inc said on Wednesday it expects to raise about $1.15 billion from a stock and senior notes offering, an infusion of needed capital as the electric car maker enters pre-production of its upcoming Model 3 electric sedan.

Uber has until April 7 to respond to Waymo preliminary injunction bid: judge

SAN FRANCISCO (Reuters) - A federal judge on Tuesday extended the deadline for Uber to respond to a motion filed by Waymo, Alphabet's autonomous car unit, for a preliminary injunction in a high-stakes trade secrets case.

Oracle's cloud transition helps third-quarter profit beat

(Reuters) - Oracle Corp reported better-than-expected quarterly profit and adjusted revenue as the business software maker benefits from its transition to cloud-based products.

South Korean prosecutors call in SK Group officials for questioning

SEOUL (Reuters) - Prosecutors questioned three officials linked to South Korea's third-largest conglomerate, SK Group, on Thursday as part of a widening corruption scandal that led to the dismissal of President Park Geun-hye.

Grab, Uber's Southeast Asia rival, to add two R&D centers and 800 developers

SINGAPORE (Reuters) - Ride-hailing firm Grab, the main rival of Uber Technologies Inc in Southeast Asia, on Wednesday announced two new research and development (R&D) centers and said it planned to add 800 developers over the coming two years.