Silicon Valley

  • 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 company will share with Congress “the conten...
  • 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, rather than profits, to increase revenue ...
  • Apple rolled out its much-anticipated iPhone X and cellular 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 wireless charging, an infrared camera and spec...
  • Lyft to Offer Self-Driving Cars in San Francisco Area
    2017-09-07 16:37:26 UTC

    Heather Somerville SAN FRANCISCO (Reuters) - A self-driving car will soon be one ride option available from Lyft in the San Francisco Bay Area, as the ride-services company ramps up its efforts to become a serious player in autonomous vehicle technology. Lyft said on Thursday that self-driving cars will soon be dispatched to cert...
  • Fired Google Engineer Hires Lawyer in Free Speech Case
    2017-08-24 17:30:02 UTC

    Google found itself at the epicenter of controversy this month after a 10-page anti-diversity manifesto written by one of its employees, which had circulated internally at the company, went viral. James Damore, the employee who wrote the memo—which argued that women are less biologically inclined to pursue careers in tech-related field...
  • Google takes action against 'anti-diversity memo'
    2017-08-08 04:49:59 UTC

    San Francisco (Reuters) - Internet giant Google has fired the male engineer at the center of an uproar in Silicon Valley over the past week after he authored an internal memo asserting there are biological causes behind gender inequality in the tech industry. James Damore, the engineer who wrote the memo, confirmed his dismissal, sa...
  • Apple to launch 'Call Watches' without needing an iPhone
    2017-08-04 22:52:29 UTC

    (Reuters) - Apple Inc plans to release a version of its smartwatch later this year that can connect directly to cellular networks, Bloomberg reported on Friday, citing people familiar with the matter. Some of the new models for the Apple Watch will be equipped with LTE chips and be able to perform many tasks without needing an iPhon...
  • Facebook's Sheryl Sandberg: We need to start paying women well
    2017-07-31 04:47:45 UTC

    LONDON (Reuters) - Facebook Inc Chief Operating Officer Sheryl Sandberg called on governments and companies to do more to close the gender pay gap on Sunday and said both girls and boys should be encouraged to become leaders from an early age. "We need to start paying women well and we need the public policy and the corporate policy...
  • Tesla delivers the first 30 of its Model 3 cars in California
    2017-07-30 16:01:45 UTC

    FREMONT, Calif. (Reuters) - Tesla Chief Executive Officer Elon Musk said on Friday the Model 3 had over half a million advance reservations as he handed over the first 30 to employee buyers, setting the stage for the biggest test yet of the company's strategy to become a profitable, mass market electric car maker. <blockquote>Outsid...
  • Hottest Tech startups don't need venture capital money
    2017-07-24 07:00:59 UTC

    NEW YORK (Reuters) - U.S. venture capital firms lining up for a slice of the burgeoning digital currency market are grappling with a novel challenge - some of the hottest tech startups that sell the coins just don't need their money. Only a few years ago, digital currency entrepreneurs, like other Silicon Valley peers, had to line u...
  • Google Earth users will be able to post stories, video and photos
    2017-07-14 22:16:57 UTC

    RIO DE JANEIRO (Reuters) - Google wants users to post millions of stories, video and photos on its 'Google Earth' platform in the next few years, the program chief said on Tuesday at a launch event in Brazil for content focused on showcasing the Amazon rainforest. The "Voyager" tool allows internet surfers to take interactive tours ...
  • Tesla Model 3 passed all regulatory requirements for production
    2017-07-03 06:23:42 UTC

    Tesla Inc's high-volume Model 3 sedan passed all regulatory requirements for production two weeks ahead of schedule, Chief Executive Elon Musk tweeted on Sunday night. Musk said in May that Tesla was on track to begin production of the $35,000 Model 3 in July. Tesla expects to produce over 5,000 Model 3s per week by the end of th...
  • US Tech tried to soften on dealing with the Russian spy agency
    2017-06-30 19:19:32 UTC

    WASHINGTON/MOSCOW — As U.S. officials investigated in January the FSB's alleged role in election cyber attacks, U.S. technology firms were quietly lobbying the government to soften a ban on dealing with the Russian spy agency, people with direct knowledge of the effort told Reuters. New U.S. sanctions put in place by former Presiden...
  • Canada's Court Forces Google to Remove Results Worldwide
    2017-06-28 16:15:32 UTC

    Canadian courts can force internet search leader Google to remove results worldwide, the country's top court ruled on Wednesday, drawing criticism from civil liberties groups arguing such a move sets a precedent for censorship on the internet. In its 7-2 decision, Canada's Supreme Court found that a court in the country can grant an...
  • EU antitrust regulators hit Alphabet unit Google with a record $2.7 billion fine
    2017-06-27 16:50:51 UTC

    BRUSSELS — EU antitrust regulators hit Alphabet unit Google with a record 2.42-billion-euro ($2.7 billion) fine on Tuesday, taking a tough line in the first of three investigations into the company's dominance in searches and smartphones. It is the biggest fine the EU has ever imposed on a single company in an antitrust case, exceed...
  • Facebook wants to be a "hostile environment for terrorists"
    2017-06-04 18:14:21 UTC

    Facebook said it wanted to make its social media platform a "hostile environment" for terrorists in a statement issued after attackers killed seven people in London and prompted Prime Minister Theresa May to demand action from internet firms. Three attackers drove a hired van into pedestrians on London Bridge and stabbed others near...
  • Facebook focuses on Vox, BuzzFeed and others for video service
    2017-05-24 20:47:43 UTC

    NEW YORK — Facebook has signed deals with millennial-focused news and entertainment creators Vox Media, BuzzFeed, ATTN, Group Nine Media and others to make shows for its upcoming video service, which will feature long and short-form content with ad breaks, according to several sources familiar with the situation. Facebook is plannin...
  • Trump's "America First" Order: Tighten H-1B Visa Program
    2017-04-19 04:05:46 UTC

    Kenosha, Wisconsin - U.S. President Donald J. Trump ordered federal agencies to look at tightening a visa program used to bring high-skilled foreign workers to the U.S., as he tries to carry out his campaign pledge to put "America First." Trump signed an executive order on the H-1B visa program. It was vague on many fronts, and did ...
  • Trump Targets H-1B Visas Which Are Used Largely By Tech Industry
    2017-04-18 05:04:49 UTC

    U.S. President Donald Trump targets H-1B visas which are used largely by tech industry and will sign an executive order directing federal agencies to recommend changes to a temporary visa program used to bring foreign workers to the U.S. to fill high-skilled jobs. Trump is to sign the order when he visits the world headquarters of S...
  • Facebook suspended 30,000 accounts in France, to stop the spread of fake news
    2017-04-14 05:39:08 UTC

    SAN FRANCISCO — Facebook Inc said on Thursday it suspended 30,000 accounts in France as the social network giant steps up efforts to stop the spread of fake news, misinformation and spam. The move, which comes 10 days before the first round of a hotly contested French presidential election, is among the most aggressive yet by Facebo...
  • Tesla Beat GM To Become Most Valuable US Auto Maker
    2017-04-10 21:23:22 UTC

    By Noel Randewich | SAN FRANCISCO Tesla Inc (TSLA.O) on Monday became the most valuable U.S. car maker, reaching a market capitalization of $50.887 billion and edging past General Motors (GM.N) which produces many more cars. Helped by an analyst's recommendation, the luxury electric car maker's stock rose 3.26 percent to a new reco...
  • Twitter Refuses To Reveal User Behind Anti-Trump Account
    2017-04-07 04:52:53 UTC

    By David Ingram | SAN FRANCISCO — Twitter Inc on Thursday filed a federal lawsuit to block an order by the U.S. government demanding that it reveal who is behind an account opposed to President Donald Trump's tough immigration policies. Citing freedom of speech as a basis for not turning over records, Twitter filed the lawsuit i...
  • Google apologizes for ads alongside offensive videos on YouTube
    2017-03-20 19:20:23 UTC

    By Esha Vaish and Kate Holton Google apologized on Monday for allowing ads to appear alongside offensive videos on YouTube as more high-profile firms such as Marks & Spencer (MKS.L) and HSBC (HSBA.L) pulled advertising for British markets from Google sites. The British government has suspended its advertising on YouTube after s...
  • Lightspeed is set to make its public market debut
    2017-03-01 20:09:45 UTC

    By Heather Somerville | SAN FRANCISCO — Lightspeed Venture Partners was launched in 1999 by four partners who were experts in enterprise software and early internet companies, making only the occasional investment into consumer technology companies. But then came the rise of social media. In 2006 Lightspeed hired Liew, who had b...
  • International money transfers via Facebook
    2017-02-21 08:20:33 UTC

    By Anna Irrera | NEW YORK — Money transfer company TransferWise has launched a new service that allows users to send money internationally through Facebook Inc's chat application, as competition in the digital payments landscape intensifies. The London-based startup said on Tuesday that it had developed a Facebook Messenger "cha...