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Current feed - Reuters: Technology News

Intel launches tech accelerator in Israel, plans for more
Intel Corp on Sunday launched an accelerator in Israel to develop technologies in artificial intelligence and autonomous systems, and said it plans to bring the project to other countries as well.

Exclusive: Mexico blamed Walmart's size, access to rivals' data in blocking app deal
Mexican officials blocked Walmart Inc's deal to buy delivery app Cornershop because Walmart could not guarantee a level playing field for rival retailers, whose customers use the app to order groceries and other goods, according to an official document and an interview with the top competition regulator this week.

Broadcom's $2 billion warning rattles global chip sector
Broadcom Inc sent a shockwave through the global chipmaking industry on Friday with its forecast that U.S.-China trade tensions and the ban on doing business with Huawei Technologies would knock $2 billion off the company's sales this year.

Bumble owner to spend $100 million on dating apps
The owner of dating app Bumble said on Friday it would revamp its holding structure and spend $100 million, as it looks to better compete with Match Group's Tinder.

Explainer: Why is Huawei seeking $1 billion patent deal with Verizon?
Huawei is demanding Verizon Communications Inc pay $1 billion to license the rights to patented technology, signaling a potential shift in the embattled Chinese company's strategy for the U.S. market.

Factbox: Global tech companies shun Huawei after U.S. ban
Global technology companies are cutting ties with China's Huawei Technologies Co Ltd after the U.S. government put the world's largest telecom equipment maker on a trade blacklist, citing national security concerns.

PSA to assemble batteries for hybrid, electric cars in Slovakia
French carmaker PSA, owner of the Peugeot, Citroen and DS brands, will start assembling batteries for its hybrid and electric cars at its plant in Trnava, Slovakia, and later at its plant in Vigo, Spain.

Tencent launches video streaming in Thailand, eyes SE Asia expansion
Chinese tech giant Tencent Holdings Ltd launched its first overseas video streaming service in Thailand on Friday, as it ramps up its presence outside China.

Tech tool aims to predict global water conflicts before they happen
LONDON (Thomson Reuters Foundation) - Artificial intelligence can predict where conflicts over scarce water will break out up to a year in advance and allow action to prevent them, researchers said on Friday.

Walmart's Flipkart, Indian startup settle dispute over sharp discounting
Walmart unit Flipkart has settled a legal dispute with an Indian startup that alleged it suffered losses because its products were sharply discounted on the global retailer's website.

 

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