Silicon Valley

  • Facebook Bans White Nationalism and Separatism on Its Platforms
    Gop_believe_facebook_is_%e2%80%9ccensoring%e2%80%9d_the_right 2019-03-27 18:01:14 UTC
    <p>(Reuters) - Facebook Inc on Wednesday announced a ban on praise, support and representation of white nationalism and separatism on its social media platforms, furthering its efforts to tackle hate speech.&nbsp;</p><p>These bans will be enforced next week, the social media giant said in a blog ...

  • Chinese Company to Sell Popular Dating App Grindr
    Chinese_company_to_sell_the_popular_dating_app_grindr 2019-03-27 17:54:06 UTC
    (Reuters) - Chinese gaming company Beijing Kunlun Tech Co Ltd is seeking to sell Grindr LLC, the popular gay dating app it has owned since 2016, after a U.S. government national security panel raised concerns about its ownership, according to people familiar with the matter. The Committee on F...

  • Facebook says hackers accessed data from 29 million accounts
    Facebook_says_hackers_accessed_data_from_29_million_accounts 2018-10-12 17:50:55 UTC
    NEW YORK (AP) — Facebook says hackers accessed data from 29 million accounts as part of the security breach disclosed two weeks ago. The exact number hadn’t been known before. Originally Facebook said 50 million accounts could have been affected, but Facebook didn’t know if they had been misus...

  • Dominated by men: Amazon scraps tool that showed bias against women
    Dominated_by_men-_amazon_scraps_tool_that_showed_bias_against_women 2018-10-11 21:53:47 UTC
    SAN FRANCISCO (Reuters) - Amazon.com Inc’s (AMZN.O) machine-learning specialists uncovered a big problem: their new recruiting engine did not like women. The team had been building computer programs since 2014 to review job applicants’ resumes with the aim of mechanizing the search for top tal...

  • China lodges tariff case at WTO against the U.S.
    Wto 2019-09-02 15:46:34 UTC
    HONG KONG/GENEVA (Reuters) - China has lodged a complaint against the United States at the World Trade Organization over U.S. import duties, the Chinese Commerce Ministry said on Monday. The United States began imposing 15% tariffs on a variety of Chinese goods on Sunday and China began imposi...

  • CEOs: Trump's Immigration Policy Hurts U.S. Economy
    Ceos-_trump's_immigration_policy_hurts_u.s._economy 2018-08-24 01:13:53 UTC
    (Reuters) - A group of chief executive officers at the largest U.S. companies expressed serious concern about the Trump administration’s immigration policy and said the rules increase uncertainty and undermine economic growth. In the letter signed by 59 CEOs including Tim Cook of Apple Inc (AA...

  • Apple became the first $1 trillion listed US company
    Apple_became_the_first__1_trillion_publicly_listed_us_company 2018-08-02 18:06:54 UTC
    SAN FRANCISCO (Reuters) - Apple became the first $1 trillion publicly listed U.S. company on Thursday, crowning a decade-long rise fueled by its ubiquitous iPhone that transformed it from a niche player in personal computers into a global powerhouse spanning entertainment and communications. T...

  • Plunge in Facebook shares rattled Amazon options market
    Plunge_in_facebook_shares_rattled_amazon_options_market 2018-07-26 18:56:45 UTC
    SAN FRANCISCO/NEW YORK (Reuters) - A plunge in Facebook Inc shares rattled the Amazon.com Inc options market on Thursday, with the social network’s fellow FAANG company due to report quarterly results later in the day. Facebook on Wednesday warned about a margin hit as revenue growth slows and...

  • Tesla in 'Autopilot' mode crashes into parked police vehicle
    Tesla_in_'autopilot'_mode_crashes_into_parked_police_vehicle 2018-05-29 21:53:47 UTC
    WASHINGTON (Reuters) - The driver of a Tesla Inc (TSLA.O) vehicle crashed into an unoccupied, parked police vehicle in Laguna Beach, California, on Tuesday and the driver told investigators the Tesla was in “Autopilot” mode at the time, a police spokesman said. The driver suffered minor injuri...

  • EU privacy law: Companies to be more attentive to user data
    Eu_privacy_law-_companies_to_be_more_attentive_to_customer_data 2018-05-25 06:40:19 UTC
    BRUSSELS (Reuters) - New European privacy regulations that go into effect on Friday will force companies to be more attentive to how they handle customer data, while bringing consumers both new ways to control their data and tougher enforcement of existing privacy rights. The European Union Ge...

  • Facebook tracks people whether they have accounts or not
    Facebook_tracks_people_whether_they_have_accounts_or_not 2018-04-15 17:05:17 UTC
    SAN FRANCISCO (Reuters) - Concern about Facebook Inc’s (FB.O) respect for data privacy is widening to include the information it collects about non-users, after Chief Executive Mark Zuckerberg said the world’s largest social network tracks people whether they have accounts or not. Privacy conc...

  • Valuable Public Company: Amazon appears to beat Apple
    Valuable_public_company-_amazon_appears_to_beat_apple 2018-03-08 20:45:23 UTC
    SAN FRANCISCO (Reuters) - Apple Inc, the world’s most valuable publicly listed company, is in danger of being beaten by Amazon.com Inc to the $1 trillion mark. Wall Street’s optimism about last year’s 10th anniversary iPhone had propelled Apple’s stock 24 percent higher over the past 12 months...

  • BlackBerry sues Facebook, WhatsApp, Instagram over messaging patents
    Blackberry_sues_facebook__whatsapp__instagram_over_messaging_patents 2018-03-06 21:16:34 UTC
    BlackBerry filed a patent infringement lawsuit against Facebook and its WhatsApp and Instagram apps, arguing that they copied technology and features from BlackBerry Messenger. Litigation over patent infringement is part of BlackBerry Chief Executive John Chen’s strategy for making money for ...

  • Twitter intends to notify users exposed to Russian propaganda
    18320_twitter_intends_to_notify_users_exposed_to_russian_propaganda 2018-01-17 21:49:39 UTC
    WASHINGTON (Reuters) - Twitter may notify users whether they were exposed to content generated by a suspected Russian propaganda service, a company executive told U.S. lawmakers on Wednesday. The social media company is “working to identify and inform individually” its users who saw tweets dur...

  • iPhone overuse could hurt children’s developing brains
    Iphone_overuse_could_hurt_children%e2%80%99s_developing_brains 2018-01-09 04:39:42 UTC
    NEW YORK (Reuters) - Apple Inc investors are shrugging off concerns raised by two shareholders about kids getting hooked on iPhones, saying that for now a little addiction might not be a bad thing for profits. Hedge fund JANA Partners LLC and the California State Teachers’ Retirement System (C...

  • Apple issues apology for purposely slowed down older iPhones
    Apple_issues_apology_for_purposely_slowed_down_older_iphones 2017-12-29 07:48:52 UTC
    The tech giant has offered a major price cut to replace out-of-warranty batteries that affect iPhone performance. Days before issuing an apology, it acknowledged it purposely slowed down older iPhones to prevent issues. In a posting on its website Thursday, Apple apologized over its handling o...

  • Highly-skilled foreign workers favor Canada, not the U.S.
    Highly-skilled_foreign_workers_favor_canada__not_u.s 2017-12-18 03:45:11 UTC
    Petra Axolotl knew her chances of getting an H-1B visa were slim. She had an MBA from Wharton and a job offer at Twitter, but luck would decide the Dutch data scientist's fate – and in 2016, it did not fall in her Favor. Axolotl missed out in the lottery for the coveted visa but remained deter...

  • Germany vows to back an "open and free internet" despite end of net neutrality in US
    Germany_vows_to_back_an_open_and_free_internet_despite_end_of_net_neutrality_in_us 2017-12-15 21:32:27 UTC
    Berlin has vowed to back an "open and free internet" following a US decision to repeal net neutrality rules. After US telecoms regulator FCC on Thursday moved to repeal Obama-era net neutrality rules, the German Economics Ministry said Friday it would continue to support EU internet rules that...

  • US government rescinds rules aimed at ensuring a free and open internet
    Us_government_rescinds_rules_aimed_at_ensuring_a_free_and_open_internet 2017-12-14 19:40:07 UTC
    WASHINGTON (Reuters) - The U.S. Federal Communications Commission voted along party lines on Thursday to repeal landmark 2015 rules aimed at ensuring a free and open internet, setting up a court fight over a move that could recast the digital landscape. The approval of FCC Chairman Ajit Pai’s ...

  • The Next GOOGLE Could Come From Europe
    Next_google_could_come_from_europe 2017-11-30 06:38:48 UTC
    LONDON (Reuters) - Europe is making major strides to eliminate barriers that have held back the region from developing tech firms that can compete on the scale of global giants Alphabet Inc’s Google, Amazon.com Inc or Tencent Holdings Inc, a report published on Thursday shows. The region has t...

  • Uber paid hackers $100,000 to keep secret a massive breach
    Uber_paid_hackers__100_000_to_keep_secret_a_massive_data_breach 2017-11-22 06:25:44 UTC
    (Reuters) - Uber Technologies Inc paid hackers $100,000 to keep secret a massive breach last year that exposed the personal information of about 57 million accounts of the ride-service provider, the company said on Tuesday. Discovery of the U.S. company’s cover-up of the incident resulted in t...

  • Silicon Valley Supports Tax Reform
    Tax_reform_silicon_valley 2017-09-30 14:10:52 UTC
    Silicon Valley is racing to support and shape President Donald Trump’s multitrillion-dollar tax proposal, despite months of distancing itself from his policies on everything from immigration to climate change. The Republican proposal to slash corporate tax rates and ease taxation of companies’...

  • Facebook Provides Congress Over 3,000 Russian Bought Ads
    Facebook_provides_congress_over_3_000_russian_bought_ads 2017-09-21 20:09:00 UTC
    Mark Zuckerberg, Facebook’s chief executive, is planning to release the content of more than 3,000 ads purchased by Russian operatives during the 2016 U.S. presidential campaign, reversing a decision that had frustrated Capitol Hill investigators. Zuckerberg announced on Thursday that the comp...

  • EU Plans To Raise Taxes For Internet Giants
    Eu_plans_to_raise_taxes_for_internet_giants 2017-09-17 00:53:39 UTC
    TALLINN (Reuters) - A European Union plan to raise more tax from digital multinationals faced the first signs of scepticism on Saturday, as smaller members of the bloc warned about the economic impact from such a move. France wants to tax companies like Google and Facebook on their turnover, r...

  • Apple rolled out its much-anticipated iPhone X and cellular Watch
    Apple_inc_rolled_out_a_new_version_of_the_apple_watch 2017-09-12 19:21:35 UTC
    CUPERTINO, Calif. (Reuters) - Apple Inc on Tuesday rolled out its much-anticipated iPhone X, a redesigned product of glass and stainless steel with an edge-to-edge display that Apple Chief Executive Tim Cook called “the biggest leap forward since the original iPhone.” The phone features wirele...