Technology

BENGALURU (Reuters) – SoftBank Group-backed Indian ride-hailing company Ola will cut 1,400

SHANGHAI (Reuters) – Xiaomi Corp reported a 13.6% rise in first-quarter revenue on Wednesday, beating estimates, as the Chinese smartphone maker sold more phones and benefited from sales of its higher-priced 5G models. The company managed to boost sales despite…

(Reuters) – The regulation of big technology companies such as Facebook Inc and Alphabet Inc’s Google has been a hot button issue ahead of the U.S. presidential election on Nov. 3. Here is a look at the stances of Republican…

(Reuters) – Microsoft Corp said on Tuesday it plans to roll out a version of its cloud-based software that will be modified to suit the needs of healthcare organizations. While Microsoft is known for general productivity software such as Outlook…

HONG KONG (Reuters) – Lenovo Group, the world’s biggest maker of personal computers, reported a deep slump in fourth-quarter profit due to disruptions caused by the coronavirus crisis, although the result was far better than expectations. Lenovo Chairman Yang Yuanqing…

WASHINGTON (Reuters) – Democratic lawmakers on Tuesday urged the Trump administration to answer “serious questions” about Taiwan Semiconductor Manufacturing Co Ltd’s plans to build a U.S.-based $12 billion plant, flagging national security concerns and potentially undisclosed subsidies. TSMC, the world’s…

(Reuters) – General Motors Co is “almost there” on developing an electric vehicle battery that will last one million miles, a top executive said on Tuesday. The automaker also is working on next-generation batteries even more advanced than the new…

WASHINGTON (Reuters) – A White House advisory panel on Tuesday urged the government and private industry to work together on new technological infrastructure to support future jobs and underpin a solid economic recovery from the coronavirus pandemic. The White House…

(Reuters) – AT&T Inc (T.N) said on Tuesday it was shutting its DirecTV subscription access to Venezuela due to U.S. sanctions, cutting off a key source of entertainment for millions of people stuck in their homes under a strict coronavirus…

(Reuters) – Spotify Technology SA (SPOT.N) said on Tuesday comedian Joe Rogan’s podcast will be available on the music streaming platform starting Sept. 1 and will become an exclusive later this year, sending shares 8% higher. Rogan’s podcast, “The Joe…