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Current feed - Reuters: Technology News

Netflix $2 billion debt issue adds to spending nerves
Netflix Inc announced its third tap of debt markets in a year on Monday, aiming to raise another $2 billion as the streaming video pioneer invests heavily in original shows and acquiring content to fend off intensifying competition.

Discovery, PGA Tour to launch video streaming platform
The PGA Tour and pay TV operator Discovery Inc unveiled a live and on-demand video-streaming service on Monday that will allow golf fans access to nearly 150 tournaments annually.

Uber, Ola drivers strike in India, demanding higher fares
Hundreds of drivers for ride-hailing giant Uber and its local rival Ola went on strike in the two biggest Indian cities, Delhi and Mumbai, on Monday, demanding higher fares to meet rising fuel costs that are eating away at their incomes.

BASF and Nornickel join forces in European EV battery push
Germany's BASF and Russian miner Norilsk Nickel (Nornickel) have struck a nickel and cobalt supply deal to meet growing demand for electric vehicle (EV) batteries.

PayPal backs emerging markets lender Tala
PayPal Inc Holdings Inc has made a strategic investment in Tala, a financial technology startup that lends to underserved consumers in emerging markets, the companies said on Monday.

Super Micro to review hardware for malicious chips
Super Micro Computer Inc said on Monday it will review its hardware for any proof of malicious chips as alleged in a recent media report.

Telefonica Deutschland calls for regulators to block Vodafone-Liberty deal
The head of Telefonica Deutschland called on Monday for EU regulators to block Vodafone's planned acquisition of Liberty Global, saying it would lead to a "quasi-monopolisation" of the German cable TV market.

Japan tells Facebook to improve data protection
Japan's government on Monday told U.S. technology firm Facebook Inc to better protect its users' personal data following lapses this year affecting tens of millions of people globally.

Uber to appeal Singapore's competition watchdog decision on Grab deal
Uber Technologies Inc has decided to appeal a decision by the Singapore competition regulator that its merger with regional rival Grab violated the city-state's competition laws, the firm said on Monday.

PNC partners with OnDeck for online small business lending
PNC Financial Services Group's PNC Bank will use technology from digital lender OnDeck Capital to extend loans to small businesses online, the companies said on Monday.

 

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