Reuters - Technology Report

Click to View in Browser

Wednesday, May 10, 2017

Amazon trounces rivals in battle of the shopping 'bots'

SAN FRANCISCO (Reuters) - Earlier this year, engineers at Wal-Mart Stores Inc who track rivals' prices online got a rude surprise: the technology they were using to check Amazon.com several million times a day suddenly stopped working.

Apple buys Finnish sleep tracking app maker Beddit

HELSINKI (Reuters) - Apple has acquired a sleep tracking app and hardware maker Beddit, the Finnish startup said on its website.

EU to tackle complaints over tech companies' unfair trading practices

BRUSSELS (Reuters) - The European Union executive is planning a law to deal with complaints about unfair practices by leading online players such as Apple and Google .

European Commission to launch competition probes in e-commerce sector

BRUSSELS (Reuters) - The European Commission said on Wednesday it would launch further investigations in the e-commerce sector after having discovered business practices that restrict competition.

Apple tops $800 billion market cap for first time

NEW YORK (Reuters) - Apple Inc became the first U.S. company to top the $800 billion mark in market capitalization on Tuesday, slightly more than two years after it crossed the $700 billion threshold.

Amazon adds video calling with Echo Show

(Reuters) - Amazon.com Inc launched Echo Show, a touchscreen device that will allow users to video call and watch clips from CNN, the latest in the company's series of popular Echo voice-controlled speakers.

Bitcoin surges to all-time high above $1,700

NEW YORK (Reuters) - Digital currency bitcoin hit a record high on Tuesday as demand for crypto-assets soared with the creation of new tokens to raise funding for start-ups using blockchain technology.

Toshiba ups ante in chip unit sale with attack on Western Digital

TOKYO (Reuters) - Toshiba Corp has told Western Digital Corp not to interfere in the sale of its prized chip unit, rejecting claims it has breached a joint venture contract and threatening legal action.

Nvidia's data center business powers revenue beat

(Reuters) - Nvidia Corp reported a better-than-expected 48.4 percent jump in quarterly revenue, helped by strong demand for its chips that are used by major cloud computing providers in data centers.

U.S. regulator's 'throttling' lawsuit against AT&T to be reheard: court

WASHINGTON (Reuters) - U.S. government claims that AT&T Mobility illegally slowed down or "throttled" data sent to wireless devices will be reheard, a U.S. appeals court in California said on Tuesday after it dismissed the case last year.