Reuters - Technology Report

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Tuesday, May 23, 2017

Google AI beats Chinese master in ancient game of Go

BEIJING (Reuters) - A Google artificial intelligence program defeated a Chinese grand master at the ancient board game Go on Tuesday, a major feather in the cap for the firm's AI ambitions as it looks to woo Beijing to gain re-entry into the country.

Apple and Nokia settle patent dispute and sign new deal

HELSINKI (Reuters) - Nokia has settled its legal battle with Apple with a new patent license agreement and also signed a business deal with the U.S. giant, surprising investors who had expected the dispute to drag on.

Huawei narrows gap with Samsung, Apple in smartphone sales: Gartner

FRANKFURT (Reuters) - China's Huawei [HWT.UL] has narrowed the gap with its two biggest competitors Apple Inc. and Samsung Electronics in global smartphone sales, first-quarter data from research firm Gartner showed on Tuesday.

China's LeEco to slash U.S. jobs amid global pull-back: source

TAIPEI (Reuters) - China's embattled LeEco aims to cut its U.S. workforce to around 60 people from about 500 earlier this year, as the Netflix-to-Tesla-like group streamlines global operations to shake off a cash crunch, a person with knowledge of the plan said.

Hong Kong police arrest 21 Uber drivers

HONG KONG (Reuters) - Hong Kong police on Tuesday arrested 21 Uber drivers for illegal car-hiring as part of a clamp down against Uber Technologies Inc's [UBER.UL] operations in the Asian financial city.

Apple in talks to expand India production capacity: minister

NEW DELHI (Reuters) - Apple Inc wants to expand its contract manufacturer's facility in the southern Indian tech hub of Bengaluru, a federal minister said on Tuesday, as the iPhone maker seeks a bigger share in one of the world's biggest smartphone markets.

China seeks safe steering of bike-sharing boom to clear cluttered streets

SHANGHAI (Reuters) - China has published draft guidelines to regulate the booming bicycle-sharing industry whose firms have raised hundreds of millions in dollars in funding but have cluttered up sidewalks with bikes.

Indian digital payments firm Paytm launches niche bank

MUMBAI (Reuters) - Indian digital payments firm Paytm, which is backed by Asian technology giants SoftBank Corp and Alibaba Group Holding, launched a niche bank on Tuesday, part of a plan to more than double its customer base to 500 million in the next three years.

Symantec says 'highly likely' North Korea group behind ransomware attacks

SAN FRANCISCO (Reuters) - Cyber security firm Symantec Corp said on Monday it was "highly likely" a hacking group affiliated with North Korea was behind the WannaCry cyber attack this month that infected more than 300,000 computers worldwide and disrupted hospitals, banks and schools across the globe.

U.N.'s North Korea sanctions monitors hit by 'sustained' cyber attack

UNITED NATIONS (Reuters) - United Nations experts investigating violations of sanctions on North Korea have suffered a "sustained" cyber attack by unknown hackers with "very detailed insight" into their work, according to an email warning seen by Reuters on Monday.