Tech


Posts filtered by tags: Reuters[x]


 

Amazon has reportedly gutted a huge chunk of its secretive drone delivery project

Amazon chair Jeff Bezos. Amazon; Clodagh Kilcoyne/Reuters; Samantha Lee/Business Insider Amazon laid off more than 100 employees at its drone delivery team in the UK, Wired reports. Amazon's Prime Air team has been working on drone deliveries since 2016. Former Prime Air employees told Wired the division began to fall apart in 2019. See more stories on Insider's business page. Amazon appears to have decimated its UK-based Prime Air drone delivery team, according to a new report fro...
Tags: Amazon, UK, News, Trends, Drones, Prime Air, Retail, Cbs, Amazon Prime Air, Jeff Bezos, Faa, Eugene Kim, Reuters, Tech Insider, Isobel Asher Hamilton, Clodagh Kilcoyne


Law School Applicants Surge 13%, Biggest Increase Since Dot-Com Bubble

An anonymous reader quotes a report from Reuters: The number of people applying for admission to law school this fall surged nearly 13%, making it the largest year-over-year percentage increase since 2002, according to the latest data from the Law School Admission Council. And they were an impressive bunch. The number of people applying with LSAT scores in the highest band of 175 to 180 more than doubled from 732 last year to 1,487 this year. In total, 71,048 people applied to American Bar Assoc...
Tags: Law, Tech, Ruth Bader Ginsburg, American Bar Association, Reuters, U S Supreme Court, George Floyd


SEC Chair Calls On Congress To Help Rein In Crypto 'Wild West'

The chair of the U.S. Securities and Exchange Commission (SEC) on Tuesday called on Congress to give the agency more authority to better police cryptocurrency trading, lending and platforms, a "Wild West" he said is riddled with fraud and investor risk. Reuters reports: Gary Gensler said the crypto market involves many tokens which may be unregistered securities and leaves prices open to manipulation and millions of investors vulnerable to risks. "This asset class is rife with fraud, scams and a...
Tags: Congress, Tech, SEC, Reuters, Gensler, Gary Gensler, U S Securities and Exchange Commission SEC, Congress To Help Rein In Crypto Wild West


Apple Can't Escape Apple Watch Heart Rate Sensor Patent Lawsuit, Court Rules

Apple must face a patent infringement lawsuit over the heart rate technology in the Apple Watch, the U.S. Circuit Court of Appeals for the Federal Circuit ruled today. Back in 2018, Apple was sued by Omni MedSci, with the company alleging that Apple used its patented technology in the Apple Watch. Apple reportedly met with Omni MedSci between 2014 to 2016 to discuss a possible partnership, but Apple is said to have ended discussions and used technology from four Omni patents anyway. Accordin...
Tags: Apple, Islam, Mohammed Islam, Omni, University Of Michigan, Reuters, Reuters Apple, Apple Watch Apple, Omni MedSci, Patent lawsuits, Fujitsu Alcatel Lucent Huawei Nokia, Siemens Islam


Twitter partners with AP and Reuters to address misinformation on its platform

Twitter announced today it’s partnering with news organizations The Associated Press (AP) and Reuters to expand its efforts focused on highlighting reliable news and information on its platform. Through the new agreements, Twitter’s Curation team will be able to leverage the expertise of the partnered organizations to add more context to the news and trends that circulate across Twitter, as well as aid with the company’s use of public service announcements during high visibility events, misinfor...
Tags: TC, Facebook, Twitter, Tech, Ap, Baker, Reuters, Associated Press AP, Twitter s Trust and Safety, Twitter Moments Twitter, Tom Januszewski, Hazel Baker, UGC Newsgathering


YouTube suspends Sky News Australia for a week after an apparent breach of the platform's COVID content policies

A YouTube spokesperson confirmed the suspension. Thiago Prudêncio/SOPA Images/LightRocket via Getty Images YouTube removed videos and issued a strike to Sky News Australia's channel, the tech platform said. A YouTube spokesperson confirmed the move, saying: "We apply our policies equally for everyone." Media outlets said the suspension followed a review of the broadcaster's COVID-related content. See more stories on Insider's business page. Sky News Australia said on Sunday it ...
Tags: Google, News, Media, Australia, Youtube, International, Trends, Tech, Reuters, Alphabet Inc, Sky News Australia, Tech Insider, Getty Images YouTube, COVID-19, Weekend BI UK, Thiago Prudêncio


Is Remote Work Forcing Smaller Cities to Compete With Big Tech Salaries?

Remote working seems like a boon to smaller cities, Reuters reports: About 30 per cent of remote workers plan on moving, according to two recent surveys: an April poll of 1,000 tech workers by nonprofit One America Works and a June survey of 1,006 national remote workers for MakeMyMove, focused on intentions for the next 18 months... [T]he numbers mean a lot for some towns and cities that have seen "brain drains" to larger metropolitan areas, said Prithwiraj Choudhury, associate professor at the...
Tags: California, Tech, Bay Area, Reuters, Harvard Business School, Prithwiraj Choudhury, One America Works


Duolingo Reaches $6.5 Billion Valuation On Day of IPO

On Wednesday, language learning app Duolingo reached a valuation of $6.5 billion after its shares surged nearly 40% in the company's Nasdaq debut. Reuters reports: Duolingo's stock opened at $141.4 per share, blowing past the initial public offering price (IPO) of $102 per share, which crossed the top end of its target range. The stock later pared some gains to trade at $130.92 in the afternoon. The company's flotation comes at a time of increased investor interest in the edtech space, after pan...
Tags: Asia, Tech, United States, Nasdaq, Duolingo, Reuters, Luis Von Ahn, Ahn, Duolingo Following the IPO


Robinhood just went public. Warren Buffett, Michael Burry, and other top investors have blasted the trading app and warned day traders to be careful.

Michael Burry. Astrid Stawiarz/Getty Images Robinhood joined the stock market at a $32 billion valuation on Thursday. Warren Buffett, Michael Burry, and other top investors have blasted the trading app as reckless. Market veterans have also warned day traders against rampant speculation and taking on debt. See more stories on Insider's business page. Robinhood went public at a $32 billion valuation on Thursday, capitalizing on booming demand from retail investors seeking to trade stock...
Tags: Google, Dallas Mavericks, Trends, Markets, Features, Mark Cuban, Stocks, Berkshire Hathaway, Warren Buffett, Robinhood, Gamestop, Chris Sacca, Vlad Tenev, Shark Tank, Reuters, Don


No End to Global Chip Shortage Before H1 2023, STMicro CEO Says

By Mathieu RosemainPARIS (Reuters) -The global chip shortage that is hindering production forecasts of giant companies like Apple and Volkswagen is...
Tags: Apple, Volkswagen, Reuters, Mathieu RosemainPARIS


Robinhood is going public. Warren Buffett, Michael Burry, and other top investors have blasted the trading app and warned day traders to be careful.

Michael Burry. Astrid Stawiarz/Getty Images Robinhood is poised to go public on Thursday at a $32 billion valuation. Warren Buffett, Michael Burry, and other top investors have blasted the trading app as reckless. Market veterans have also warned day traders against rampant speculation and taking on debt. See more stories on Insider's business page. Robinhood is set to go public on Thursday at a potential $32 billion valuation, capitalizing on booming demand from retail investors seeki...
Tags: Google, Dallas Mavericks, Trends, Markets, Features, Mark Cuban, Stocks, Berkshire Hathaway, Warren Buffett, Robinhood, Chris Sacca, Shark Tank, Reuters, Don, Michael Burry, Jeffrey Gundlach


Big tech companies are telling their employees to be vaccinated before returning to the office as the Delta variant spreads

Google in Manhattan. Mark Lennihan/AP Photo Major tech companies recently said employees must get vaccinated before returning to the office. Facebook and Google are among the firms mandating vaccines for in-person workers. The EEOC says employers can require employees to get a COVID-19 vaccine or ban them from the office. See more stories on Insider's business page. As return-to-work plans clash with rising COVID-19 cases in many states and the spread of the Delta variant, some tech gi...
Tags: Google, Amazon, Facebook, Lyft, New York, Microsoft, Cdc, Office, US, San Francisco, Trends, Netflix, Npr, Dc, Salesforce, Sundar Pichai


Facebook Warns Growth To 'Decelerate Significantly', Mandates Vaccine For US Staff

Facebook said on Wednseday it expects revenue growth to "decelerate significantly." It also announced that it would require anyone working at its U.S. offices to be vaccinated against COVID-19. Google announced a similar policy earlier this morning. Reuters reports: The warning overshadowed the company's beat on Wall Street estimates for quarterly revenue, bolstered by increased advertising spending as businesses build their digital presence to cater to consumers spending more time and money onl...
Tags: Apple, Google, Facebook, Tech, Reuters, IBES, Ygal Arounian, COVID, US Staff, Wedbush Securities Brian Wieser GroupM


Edtech’s venture-backed globalization pauses at China

U.S.-based edtech investors are increasingly going global, but recent regulatory crackdowns in China, which instructed local K-12 tutoring startups to go non-profit, have led to a chill among check-writers looking at the country. When I first started reporting on edtech over a year ago, U.S.-based investors often cited China as validation of the opportunity for direct-to-consumer businesses in the K-12 world. The success of Chinese edtech was used to predict the surge of U.S.-based consumer edte...
Tags: Startups, TC, Asia, Education, China, India, Tech, Policy, Venture Capital, Tencent, Edtech, Tutoring, Nyse, Reuters, Deborah Quazzo, Owl Ventures


Amazon is paying $8.6 million to workers to settle a decade-long lawsuit over not paying them for time spent searching their bags

A package in an Amazon warehouse on December 8, 2020. Rolf Vennenbernd/picture alliance via Getty Images Amazon will pay $13.5 million to settle a decade-long legal battle with workers. The court ruled that Amazon must pay warehouse workers for time spent in mandatory security checks. Over 42,000 workers will split $8.67 million, and the attorneys will receive $4.5 million in fees. See more stories on Insider's business page. The Pennsylvania Supreme Court ruled last week that Amazon ...
Tags: Apple, Amazon, Trends, Pennsylvania, Arizona, Tim Cook, Nevada, US supreme court, Reuters, Pennsylvania Supreme Court, Jim Edwards, Cook Amazon, Bloomberg Law, Debra Todd, GETTY IMAGES Amazon, Rolf Vennenbernd


Olympics Opening Ceremony Ratings Fall To 33-year Low

Ratings for the Olympic Games opening ceremony were down 36% compared to 2016, according to preliminary numbers from NBC Universal. From a report: The figures for the Tokyo Games event mark the lowest audience for an Olympics opening ceremony event in over three decades, per Reuters. Roughly $1 billion has been spent on advertising around the Olympics. Ratings are the only real metric marketers can use to justify much of that spend. About 17 million people watched the event on broadcast and stre...
Tags: Nbc, Tech, Low, Rio, Reuters, Pyeongchang, NBC Universal From


Facebook, Google, Twitter and Microsoft are cracking down on white supremacist groups like the Proud Boys and 3 Percenters

White supremacists stand behind their shields at a rally in Charlottesville, Virginia, US, August 12, 2017. REUTERS/Joshua Roberts A non-profit formed by Facebook, Google, Microsoft, and Twitter is cracking down on white supremacist groups. Groups like the Proud Boys will be added to a shared database that also tracks known terrorist organizations. That database is used by the tech giants to identify content for removal across their services. Visit the Business section of Insider for more ...
Tags: Google, Facebook, Twitter, Crime, Microsoft, Law, Internet, Youtube, Trends, Social Media, Linkedin, Regulation, Al Qaeda, Hamas, White Supremacists, Reuters


This is 996 culture, a grueling 72-hour work week popular in China that's been criticized for ruining work-life balance

Alibaba, a Chinese e-commerce giant, is one of many companies criticized for its grueling work culture. Thomas Peter/Reuters The 996 schedule compels employees to work from 9 a.m. to 9 p.m., six days a week. The schedule is widespread in China, especially among tech companies in China's Silicon Valley. Chinese workers have blasted the policy on social media for ruining their personal lives. See more stories on Insider's business page. The brutal work schedule known as the "996" ha...
Tags: Elon Musk, Science, News, China, Trends, Tech, Alibaba, Silicon Valley, Github, Jack Ma, Overtime, Weibo, Tech Companies, Reuters, Ma, South China Morning Post


Facebook's Kustomer Deal Set To Face EU Antitrust Investigation

Facebook's acquisition of U.S. customer service startup Kustomer is set to trigger a full-scale EU antitrust investigation next month, Reuters reported Friday, citing three people familiar with the matter. From the report: The world's largest social network, which announced the deal in November, is looking to the deal to scale up its instant messaging app WhatsApp, whose usage has soared during the COVID-19 pandemic. The European Commission will conclude its preliminary review of the deal on Aug...
Tags: Facebook, Tech, Eu, European Commission, Reuters, Kustomer, EU Antitrust Investigation


Twitter surpasses revenue targets with ad improvements

Twitter Inc. on Thursday reported higher revenue growth than Wall Street had expected, as the social media platform rolled out ad targeting improvements and said changes by Apple to keep iPhone user data private had hit ad revenue less than anticipated.
Tags: Apple, Finance, Wall Street, Article, Reuters, Twitter Inc, FBN, Fbn/markets, Fox-business/markets/earnings, Fox-business/technology/social-media, Sheila Dang, Fox-business/organization/twitter, Fox-business/person/jack-dorsey, A84bd20f-9aa6-5997-b2a5-c6c72a9dbe6f


Rivian is planning a second US factory

Rivian, the Amazon-backed electric automaker that aims to be the first to bring an EV pickup truck to market, plans to open a second U.S. manufacturing factory, sources told TechCrunch, confirming an earlier report from Reuters. Rivian wouldn’t elaborate on when it planned to build the factory, but did confirm it was in the process of identifying a site for a second plant. Reuters reported that the factory, dubbed Project Tera, would also include battery cell production, a detail that would driv...
Tags: Amazon, US, Tech, Automotive, Electric Vehicles, Gm, Mitsubishi, Reuters, Chrysler Corporation, Normal Illinois, Rivian, RJ Scaringe, Scaringe, Amy Mast, Reuters Rivian, Project Tera


Rivian is planning a second U.S. factory

Rivian, the Amazon-backed electric automaker that aims to be the first to bring an EV pickup truck to market, plans to open a second U.S. manufacturing factory, sources told TechCrunch, confirming an earlier report from Reuters. Rivian wouldn’t elaborate on when it planned to build the factory, but did confirm it was in the process of identifying a site for a second plant. Reuters reported that the factory, dubbed Project Tera, would also include battery cell production, a detail that would driv...
Tags: Amazon, Tech, Automotive, Electric Vehicles, Mitsubishi, Reuters, Chrysler Corporation, Normal Illinois, Rivian, RJ Scaringe, Scaringe, Amy Mast, Reuters Rivian, Project Tera


The wild life of billionaire Twitter CEO Jack Dorsey, who eats one meal a day, evangelizes about bitcoin, and had to defend his company in front of Congress

Jack Dorsey onstage at a bitcoin convention on June 4, 2021 in Miami, Florida. Joe Raedle/Getty Images Jack Dorsey cofounded Twitter in 2006, and the company has made him a billionaire. He is famous for his unusual life of luxury, including a daily fasting routine and regular ice baths. Dorsey holds two CEO jobs at Twitter and his payment company Square. Visit Business Insider's home page for more stories. From fighting armies of bots to quashing rumors about sending his beard hair to ...
Tags: Google, Facebook, Mark Zuckerberg, South Korea, Twitter, New York Post, Japan, Elon Musk, Hollywood, Obama, Congress, Washington, Cbs News, Life, Senate, White House


Leaving the cube

I did a bit of a double-take on this one: $100 million is a big number at any point, but two-and-a-half months after a $56 million round is pretty wild. At the very least, we know Path Robotics is ready to put its money where its mouth is — and that Tiger Global likes what it sees in the welding robotics firm. The “pre-emptive” Series C brings its total funding to $171 and leapfrogs it toward the top of the most well-funded construction robotics companies. There’s a lot of room here, of course. ...
Tags: Softbank, Tech, Mark Twain, Robotics, Tiger Global, Aldebaran, Reuters, Conor Walsh, John A Paulson School of Engineering, Harvard 's Wyss Institute, Venture Beat, Griffin Schroeder, Robotics roundup, Path Robotics, Path Robotics Path, Dick Thomas Johnson


China Unveils 'Fastest Ground Vehicle In the World'

China has unveiled its new maglev train that's being touted as the fastest ground vehicle in the world with a maximum speed of 372 mph (600 kph). USA Today reports: The train uses electro-magnetic force, making it "float" so there is no contact between the rail and the body, Reuters reported. The debut of the super fast train could cut down time for people traveling from Beijing to Shanghai to only 2.5 hours. That's a distance of 754 miles and currently a 4.5-hour train ride on one of China's bu...
Tags: China, Tech, Beijing, Shanghai, Usa Today, Reuters


Apple to Release All 5G Enabled IPhones for 2022 Lineup - Nikkei

(Reuters) - All iPhones released next year will be 5G-capable, including Apple's first revamp of its budget handset in two years, Nikkei reported...
Tags: Apple, Reuters


The 4 retail stores you probably shop at that use facial-recognition technology

"Macy's uses facial recognition in conjunction with other security methods in a small subset of stores with high incidences of organized retail theft and repeat offenders," a Macy's spokesperson told Insider. Noam Galai/Getty Images Nonprofit groups are monitoring major retailers using facial recognition software in their stores. Macy's is among the six stores that Fight for the Future reports is using the technology. Several companies including Walmart and Target told the no...
Tags: Apple, Verizon, UK, Trends, Walmart, Huawei, Reuters, Macy, Lowe, Macy s, Albertsons, Axios, Ousmane Bah, Hannah Towey, Insider Noam Galai Getty Images Nonprofit, Walmart Kroger Home Depot Target Costco CVS


The Station: Aurora SPACs, a spin on the VanMoof X3 and a chat with Outdoorsy founders

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Before we jump into the deals, policy moves and micromobbin’ news, I wanted to share the latest founders interview, a new series we launched this spring over at Extra Crunch. Here’s the opener to...
Tags: Transportation, Uber, New York, France, New York City, Linkedin, Tech, Tesla, Eu, Canada, Automotive, United States, Electric Vehicles, Gm, Venture Capital, European Commission


TSMC Looking Into Expanding Chip Manufacturing In US, Building Fab In Japan

phalse phace shares a report from Reuters: During an analyst call for Taiwan Semiconductor Manufacturing Co Ltd's quarterly earnings, TSMC chairman Mark Liu signaled that they are looking into building new factories in the United States and Japan. "TSMC said it will expand production capacity in China and does not rule out the possibility of a 'second phase' expansion at its $12 billion factory in the U.S. state of Arizona." Furthermore, "the CEO on Thursday revealed TSMC is currently conducting...
Tags: Japan, China, US, Tech, United States, Arizona, TSMC, Reuters, Liu, Taiwan Semiconductor Manufacturing Co Ltd, Mark Liu


Twitter Sees Jump In Government Demands To Remove Content of Reporters, News Outlets

An anonymous reader quotes a report from Reuters: Twitter saw a surge in government demands worldwide in 2020 to take down content posted by journalists and news outlets, according to data released by the social media platform. In its transparency report published on Wednesday, Twitter said verified accounts of 199 journalists and news outlets on its platform faced 361 legal demands from governments to remove content in the second half of 2020, up 26% from the first half of the year. Twitter ult...
Tags: Twitter, India, Tech, United States, Reuters, Russia India, Turkey Pakistan



Filters
show more filters
June - 2021
MoTuWeThFrSaSu
 123456
78910111213
14151617181920
21222324252627
282930    
July - 2021
MoTuWeThFrSaSu
   1234
567891011
12131415161718
19202122232425
262728293031 
August - 2021
MoTuWeThFrSaSu
      1
2345678
9101112131415
16171819202122
23242526272829
3031