• Chip gear makers take a beating after Micron's dour forecast
    Tech
    Reuters

    Chip gear makers take a beating after Micron's dour forecast

    Shares of chip gear makers fell after a tepid forecast by U.S.-based Micron Technology Inc exacerbated fears that a two-year chip boom was fizzling due to sluggish demand from makers of smartphones, PCs and servers. The industry is suffering from a supply glut as output, including from South Korean

  • Exclusive: U.S. to offer 'black box' nuclear waste tech to other nations
    News
    Reuters

    Exclusive: U.S. to offer 'black box' nuclear waste tech to other nations

    The U.S. Department of Energy's nuclear security office is developing a project to help other countries handle nuclear waste, an effort to keep the United States competitive against global rivals in disposal technology, according to two sources familiar with the matter. The push comes as the United

  • US cybersecurity firm: Hackers stole EU diplomatic cables
    Finance
    Associated Press

    US cybersecurity firm: Hackers stole EU diplomatic cables

    Hackers have spent years eavesdropping on the diplomatic communications of European Union officials, a U.S. cybersecurity firm said Wednesday, an operation disrupted only after researchers discovered hundreds of intercepted documents lying around on the internet. The documents were discovered a few

  • Norway sees boom in electric cars, fueled by the government
    Finance
    Associated Press

    Norway sees boom in electric cars, fueled by the government

    A silent revolution has transformed driving in Norway. As countries around the world — including China, the world's biggest auto market — try to encourage more people to buy electric cars to fight climate change, Norway's success has one key driver: the government. It offered big subsidies

  • Huawei to spend $2 billion over five years in cybersecurity push
    Tech
    Reuters

    Huawei to spend $2 billion over five years in cybersecurity push

    (This version of the December 18th story corrects chairman's last name to Hu in 11th, 14th and last paragraphs) By Sijia Jiang HONG KONG (Reuters) - Huawei Technologies [HWT.UL] on Tuesday said it would spend $2 billion over the next 5 years to focus on cybersecurity by adding more people and upgrading

  • Uber and other taxi firms to pay London congestion charge
    Tech
    Reuters

    Uber and other taxi firms to pay London congestion charge

    Private hire firms had been exempt from the Congestion Charge but regulator Transport for London (TfL) is seeking to cut down the number of vehicles on the British capital city's roads, which has surged partly due to burgeoning taxi apps. TfL's revenues have also been hit in recent years by

  • Facebook says preferential data access was with user permission
    Tech
    Reuters

    Facebook says preferential data access was with user permission

    Facebook Inc said it did not give some companies access to people's data without their permission, after the New York Times reported on Tuesday that the social network allowed some large technology companies greater access to user data. The paper reported that Facebook allowed Microsoft's Bing

  • Truckmaker Volvo sells 75 percent of connected car unit to VW
    Finance
    Reuters

    Truckmaker Volvo sells 75 percent of connected car unit to VW

    BERLIN/STOCKHOLM (Reuters) - Volvo has agreed to sell 75.1 percent of WirelessCar, a digital service developer specializing in connected driving, to Volkswagen (VW) for 1.1 billion Swedish crowns ($121.5 million), the Swedish truckmaker said on Wednesday. The deal will allow Volvo to focus on commercial

  • European officials agree on ban of some single-use plastics
    Finance
    Associated Press

    European officials agree on ban of some single-use plastics

    BERLIN (AP) — Plastic knives just won't cut it any longer, if the European Union has its way.

  • Big dinosaur predator from Italy was given a burial at sea
    News
    Reuters

    Big dinosaur predator from Italy was given a burial at sea

    Scientists have unearthed fossils of a large meat-eating dinosaur that stalked northern Italy 198 million years ago that was remarkable both in life and in death. The researchers said on Wednesday Saltriovenator zanellai was about 25 feet long (7.5 meters) and weighed at least a ton, meaning that when

  • Facebook purges more Myanmar accounts for misrepresentation
    Finance
    Associated Press

    Facebook purges more Myanmar accounts for misrepresentation

    BANGKOK (AP) — Facebook has announced its third and biggest purge of military-linked accounts in Myanmar, where critics have charged that the social network did too little to block inflammatory material that fueled communal hatred and violence, particularly against the country's Muslim Rohingya minority

  • Saudi starts work with SoftBank on 200 gigawatt solar plan: minister
    Tech
    Reuters

    Saudi starts work with SoftBank on 200 gigawatt solar plan: minister

    Saudi Arabia has already started implementing an agreement with SoftBank Group's Vision Fund to provide 200 gigawatts of solar power in the kingdom, energy minister Khalid al-Falih said at a post-budget event. The kingdom's Public Investment Fund agreed to invest $45 billion in the giant tech

  • SoftBank Corp sees no tech impact from not using Huawei gear
    Tech
    Reuters

    SoftBank Corp sees no tech impact from not using Huawei gear

    SoftBank Corp does not expect any technology impact if it does not use 5G network gear from Chinese tech giant Huawei [HWT.UL] and had found the same level of quality from other vendors, an executive said at a press conference on Wednesday. SoftBank Corp's shares tumbled more than 14 percent on

  • Hacked diplomatic cables reveal Europe's anxiety about Trump, Russia, Iran: NYT
    Tech
    Reuters

    Hacked diplomatic cables reveal Europe's anxiety about Trump, Russia, Iran: NYT

    Hackers accessed the European Union's diplomatic communications network for years, downloading cables that reveal concerns about the Trump administration, struggles to deal with Russia and China and the risk of Iran reviving its nuclear program, the New York Times reported late on Tuesday. The cables

  • Elon Musk unveils underground tunnel, offers rides to VIPs
    Finance
    Associated Press

    Elon Musk unveils underground tunnel, offers rides to VIPs

    LOS ANGELES (AP) — Elon Musk unveiled his underground transportation tunnel on Tuesday, allowing reporters and invited guests to take some of the first rides in the revolutionary albeit bumpy subterranean tube — the tech entrepreneur's answer to what he calls "soul-destroying traffic."

  • German security office warned German firms about Chinese hacking: report
    Tech
    Reuters

    German security office warned German firms about Chinese hacking: report

    Germany's Office for Information Security (BSI) has issued warnings to several German firms named by the United States as possible victims of hacking attacks, a newspaper reported, adding that Chinese activity against German firms had increased. Cyber experts have long warned that Germany - with

  • German security office warned German firms about Chinese hacking: report
    Tech
    Reuters

    German security office warned German firms about Chinese hacking: report

    Germany's Office for Information Security (BSI) has issued warnings to several German firms named by the United States as possible victims of hacking attacks, a newspaper reported, adding that Chinese activity against German firms had increased. Cyber experts have long warned that Germany - with

  • Elon Musk unveils his first Los Angeles-area tunnel
    News
    Reuters

    Elon Musk unveils his first Los Angeles-area tunnel

    Billionaire entrepreneur Elon Musk made a brief public appearance late on Tuesday to unveil the first tunnel completed by the underground transit venture he launched two years ago as an ambitious remedy to Los Angeles' infamously heavy traffic. In a 30-minute presentation carried by live webcast

  • Elon Musk unveils his first Los Angeles-area tunnel
    Tech
    Reuters

    Elon Musk unveils his first Los Angeles-area tunnel

    In a 30-minute presentation carried by live webcast, Musk touted the newly finished 1.14-mile (1.83 km) tunnel segment as a breakthrough in low-cost, fast-digging technology being pioneered by his nascent tunneling firm, the Boring Company. The new tunnel was excavated along a path that runs not through

  • Consumer groups allege Google misleads kids in FTC complaint
    Finance
    Associated Press

    Consumer groups allege Google misleads kids in FTC complaint

    Nearly two dozen consumer, privacy and public health groups are urging U.S. regulators to investigate whether children are being endangered by deceptive apps in Google's app store for smartphones running on its Android software. The 102-page complaint filed Wednesday with the Federal Trade Commission

  • The Latest: Elon Musk allows rides on underground tunnel
    Finance
    Associated Press

    The Latest: Elon Musk allows rides on underground tunnel

    The station sits smack dab in the middle of a residential neighborhood. The tunnel, meant to be a "proof of concept," runs just over a mile under Musk's SpaceX headquarters in Hawthorne. Tech entrepreneur Elon Musk is set to unveil an underground transportation tunnel that could move

  • Micron sales, profit miss estimates as chip glut hurts prices
    Tech
    Reuters

    Micron sales, profit miss estimates as chip glut hurts prices

    Micron said it expected industry output, including from South Korean rivals Samsung Electronics Co Ltd and SK Hynix , to outstrip demand from the makers of phones, PCs and servers, pushing down Micron chip prices. Samsung had already warned of a slowdown in demand and drop in chip prices, flagging

  • Need some milk? Driverless cars start delivering groceries
    Finance
    Associated Press

    Need some milk? Driverless cars start delivering groceries

    The nation's largest grocery chain stepped into the driverless delivery market Tuesday, bringing milk, eggs and other items to a customer's home in a vehicle with nobody at the wheel.

  • Verizon Is Officially Killing the ‘Oath’ Name
    Entertainment
    Variety

    Verizon Is Officially Killing the ‘Oath’ Name

    Oath, we hardly knew ye. Less than two years after Verizon unveiled Oath as the name for the merged AOL-Yahoo internet group, the telco announced that the name will be discontinued, with Oath to be renamed the “Verizon Media Group” as of Jan. 8, 2019. Oath has been a disappointment for Verizon: The telco

  • Google, Facebook to pay $450K for Washington state violation
    Tech
    Associated Press

    Google, Facebook to pay $450K for Washington state violation

    SEATTLE (AP) — Google and Facebook have agreed to pay $455,000 to settle allegations that they failed to keep proper records about who was paying for campaign ads on their sites, Washington state Attorney General Bob Ferguson said Tuesday.