Reuters - Technology Report

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Tuesday, May 2, 2017

Trump signs executive order to modernize U.S. government info tech

WASHINGTON (Reuters) - President Donald Trump announced on Monday he has signed an executive order creating a new technology council to "transfer and modernize" the U.S. government's information technology systems.

Tencent steps up AI push with research lab in Seattle

HONG KONG (Reuters) - Chinese social media and gaming giant Tencent Holdings said on Tuesday it will open an artificial intelligence (AI) research facility in Seattle in the United States, to be led by former Microsoft scientist Yu Dong.

Infosys plans to hire 10,000 U.S. workers after Trump targets outsourcing firms

SAN FRANCISCO/MUMBAI (Reuters) - India-based IT services firm Infosys Ltd said it plans to hire 10,000 U.S. workers in the next two years and open four technology centers in the United States, starting with a center this August in Indiana, the home state of U.S. Vice President Mike Pence.

Trump says China could have hacked Democratic emails

WASHINGTON (Reuters) - President Donald Trump said China may have hacked the emails of Democratic officials to meddle with the 2016 presidential election, countering the view of U.S. intelligence officials who have said Moscow orchestrated the hacks.

Twitter adds WNBA games, news shows, concerts in try for live viewers

NEW YORK/SAN FRANCISCO (Reuters) - Twitter Inc is expanding its live broadcasting portfolio with 12 new offerings that include WNBA games, a 24-hour Bloomberg News network and a show about gadgets from the tech news website The Verge, the company said on Monday.

Opel to build new Corsa model with Peugeot technology: paper

FRANKFURT (Reuters) - Car maker Opel, which PSA Group has agreed to buy from General Motors, will use the French carmaker's technology in the next generation of its best-selling Corsa model, a company spokesman said, confirming a newspaper report.

Credit Suisse has deployed 20 robots within bank, markets CEO says

BEVERLY HILLS, Calif. (Reuters) - Credit Suisse AG has deployed 20 robots within the bank, some of which are helping employees answer basic compliance questions, the Swiss bank's global markets chief executive, Brian Chin, said on Monday.

German project looks to home photovoltaic systems to help grid

FRANKFURT (Reuters) - Grid operator Tennet and solar battery maker Sonnen GmbH have launched a pilot project that will tap home photovoltaic (PV) systems to help iron out imbalances on Germany's power network.

Twitter shares rise after report on deal with Bloomberg

(Reuters) - Twitter Inc's shares rose 6 percent on Monday after a report that the company is partnering with Bloomberg LP for streaming news, marking the stock's third straight day of gains following strong results last week.

AMD's revenue rises 18.3 percent, but margin forecast disappoints

(Reuters) - Advanced Micro Devices Inc reported an 18.3 percent jump in quarterly revenue, largely in line with analysts' estimates, but the chipmaker's second-quarter gross margins forecast raised some concerns.