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Technology Archives - Page 5 of 162 - Article Point

Alibaba must face renewed lawsuit over IPO: U.S. appeals court
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NEW YORK (Reuters) – A U.S. appeals court on Tuesday revived a lawsuit accusing Alibaba Group Holding Ltd of defrauding shareholders by concealing a regulatory warning about counterfeiters that the Chinese online retailer had received shortly before going public.

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Ireland expects Apple back tax in escrow account in first quarter, 2018: minister
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BRUSSELS (Reuters) – Ireland expects iPhone maker Apple to start paying up to 13 billion euros ($15.4 billion) in back taxes into an escrow account in the first quarter of 2018, the finance minister said on Monday.

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Bitcoin dips below $11,000 after setting another record high
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LONDON (Reuters) – Bitcoin dipped back under $11,000 on Monday, coming off a record high just shy of $11,800 it hit on Sunday after a surge from less than $1,000 at the start of the year.

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Broadcom launches 11-nominee slate for Qualcomm board
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(Reuters) – Chipmaker Broadcom Ltd made its first formal move toward a hostile bid to take over Qualcomm Inc on Monday, laying out a slate of 11 nominees it wants to put on the board of the U.S. semiconductor firm.

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Facebook rolls out messenger app for kids under 13
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(Reuters) – Facebook Inc on Monday rolled out Messenger Kids, an app that lets the world’s biggest social media company expand into a so-far untapped market of kids under 13 while also giving parents complete control over what their children see.

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BMW says exhaust systems do not shut off in road conditions
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FRANKFURT (Reuters) – BMW on Monday rejected a media report that said the software in certain diesel models shut off a gas filtering system in certain road conditions, leading to excessive nitrogen oxide (NOx) emissions.

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Siemens, Brazilian prosecutors eyeing settlement over bribery lawsuit: newspaper
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RIO DE JANEIRO (Reuters) – German industrial group Siemens AG is negotiating a settlement worth more than 1 billion reais ($307 million) with Brazilian state prosecutors over a civil case related to probes into whether bribes were paid to win train contracts, according to a Monday newspaper report.

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Google's Hinton says AI poses new challenges to regulators
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TORONTO (Reuters) – Expansion of artificial intelligence in financial services, healthcare, transportation and other fields poses new challenges to governments charged with regulating those industries, according to an executive with Google who is a pioneer in the field of machine learning.

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Amazon Australia goes live in time to ruin rivals' Christmas
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SYDNEY (Reuters) – Amazon.com Inc’s Australian arm began taking orders on Tuesday, ending speculation about the timing of its launch in the world’s No. 12 economy and likely dashing hopes of a holiday boost for struggling brick-and-mortar rivals.

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