Reuters - Technology Report

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Wednesday, October 18, 2017

Taiwan ministry expresses 'deep concern' about Qualcomm's antitrust fine

TAIPEI (Reuters) - Taiwan's economics ministry said it is "deeply concerned" about the antitrust agency imposing a $775 million fine on Qualcomm Inc , in a rare public display of disagreement between authorities.

EU-U.S. data transfer pact to pass first annual review

BRUSSELS (Reuters) - A year-old pact underpinning billions of dollars of transatlantic data transfers will get the green light from the European Union on Wednesday after the first review to ensure Washington protects Europeans' data stored on U.S. servers.

IBM beats revenue estimates; hints at sales growth

(Reuters) - International Business Machines Corp's shift to newer businesses such as cloud and security services helped it beat analysts' quarterly revenue estimates, and the technology major hinted at sales growth after nearly six years of declines.

Snap and NBCUniversal launch studio to produce shows for Snapchat

(Reuters) - Snap Inc, parent company of messaging and video app Snapchat, and NBCUniversal launched a joint venture studio on Tuesday to produce scripted shows and other genres to air on Snapchat.

China's electric car output to hit one million next year: BAIC chairman

BEIJING (Reuters) - China's electric vehicle (EV) production could touch 1 million units next year and 3 million units by 2020, said Xu Heyi, chairman of carmaker BAIC Group, on Wednesday, likely exceeding a government set target.

Exclusive: Microsoft responded quietly after detecting secret database hack in 2013

(Reuters) - Microsoft Corp's secret internal database for tracking bugs in its own software was broken into by a highly sophisticated hacking group more than four years ago, according to five former employees, in only the second known breach of such a corporate database.

JPMorgan to buy online payment provider WePay

(Reuters) - JPMorgan Chase & Co said on Tuesday it would acquire online payment provider WePay as the bank looks to integrate payments into software used by small businesses.

U.S. senator probes Pentagon on Russian source code reviews

WASHINGTON (Reuters) - A U.S. senator on Tuesday asked the Defense Department to explain how it manages the risks when it uses software that has been scrutinized by foreign governments, saying the practice may represent a national security threat.

Amazon to ship electronics in Brazil from third-party sellers

SAO PAULO (Reuters) - Amazon.com Inc began offering electronics from third-party sellers to Brazilian shoppers on Wednesday, expanding beyond books in the fiercely competitive e-commerce market in Latin America's largest economy.

YouTube debuts comedy video series in virtual reality push

(Reuters) - YouTube virtual reality video series "The Confessional" debuted on Tuesday, featuring comedians Trevor Noah, Judd Apatow and Howie Mandel, as parent company Google races Facebook Inc to attract viewers to the new medium.