Technology

Uber expands higher-margin U.S. transit software business with three new agencies

(Reuters) - Uber Technologies Inc on Wednesday said it had signed deals with three new transit agencies to provide routing and matching technology for their public transportation fleets, the company’s latest foray into the transit space.Denver’s Regional Transportation District, Cecil County Transit in Maryland and the transit agency of Central California’s Porterville will...

Analysis: Carmakers wake up to new pecking order as chip crunch intensifies

BERLIN (Reuters) - The semiconductor crunch that has battered the auto sector leaves carmakers with a stark choice: pay up, stock up or risk getting stuck on the sidelines as chipmakers focus on more lucrative business elsewhere.Car manufacturers including Volkswagen, Ford and General Motors have cut output as the chip market was swept...

U.S. House intel chair wants briefing on recent hacking campaign

U.S. House Intelligence Committee chairman Adam Schiff on Tuesday asked for a briefing from U.S. agencies about a widespread hack of U.S. government networks and potential vulnerabilities.Schiff said news “about FireEye is especially concerning because reportedly a nation-state actor made off with advanced tools that could help them mount future attacks.”

U.S. not extending TikTok divestiture deadline, but talks will continue: sources

WASHINGTON/NEW YORK (Reuters) - The Trump administration on Friday opted not to grant ByteDance a new extension of an order requiring the Chinese company to divest TikTok’s U.S. assets, but talks will continue over the short video-sharing app’s fate, two sources briefed on the matter said.FILE PHOTO: A 3D printed TikTok logo is placed on a keyboard...

Bezos says Blue Origin will take the first woman to moon’s surface

(Reuters) - Jeff Bezos’ space company Blue Origin will take the first woman to the moon’s surface, the billionaire said on Friday as NASA nears a decision to pick its first privately built lunar landers capable of sending astronauts to the moon by 2024.“This (BE-7) is the engine that will take the first...

U.S. Senate Judiciary committee plans to subpoena Twitter CEO over blocking New York Post articles

WASHINGTON (Reuters) - The U.S. Senate Judiciary Committee is moving to subpoena Twitter’s Chief Executive Jack Dorsey after the social media platform decided to block stories from the New York Post that made claims about Democratic presidential candidate Joe Biden’s son.Committee Chairman Lindsey Graham and Republican senators Ted Cruz and Josh Hawley said...

YouTube cracks down on QAnon, banning conspiracy content targeting individuals

(Reuters) - YouTube, the video service of Google parent Alphabet Inc, said on Thursday it was banning content that targets an individual or a group using conspiracy theories such as QAnon or pizzagate that have “been used to justify real-world violence.”The company said in a blog post it would begin enforcing these expanded...

Volkswagen closes $2.6 billion investment in self-driving startup Argo AI

German automaker Volkswagen AG (VOWG_p.DE) has closed its $2.6 billion investment in Argo AI, the Pittsburgh-based self-driving startup disclosed in a blog post on Tuesday.Argo, founded in 2016 by Bryan Salesky and Peter Rander, is now jointly controlled by VW and Ford Motor Co, which made an initial investment in Argo shortly after...

Facebook’s Zuckerberg faces employee backlash over Trump protest comments

(Reuters) - Facebook employees accusing Chief Executive Mark Zuckerberg of inadequately policing U.S. President Donald Trump’s posts took to Twitter to praise the rival social media platform for acting and rebuke their own employer.Some took part in a virtual walkout on Monday, abandoning their working-from-home desks in a pandemic-era protest reminiscent of a...

Logitech sales rise nearly 14% as work from home boosts demand

(Reuters) - Logitech International (LOGN.S) reported a 13.6% rise in fourth-quarter sales on Tuesday as more people used its products while working from home due to the coronavirus crisis.Logitech, which makes webcams, keyboards, mouses as well as video conferencing devices and software, said its fourth-quarter sales rose to $709.2 million, compared with $624.3...

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