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Updated: 47 min 22 sec ago

Hydro working to restore operations after cyber attack

Wed, 03/20/2019 - 16:32
Norsk Hydro, one of the world's largest aluminum producers, has made some progress in restoring operations but is not yet back to normal after a ransomware cyber attack, the company said on Wednesday.

Italy to extend golden share powers to 5G technologies: League party

Wed, 03/20/2019 - 16:24
The Italian government plans to extend its special powers on strategic interests to 5G technologies in a bid to ease U.S. concerns over a planned accord on infrastructure Rome plans to sign with China this week, the ruling League party said on Wednesday.

Hydro still working to restore operations after cyber attack

Wed, 03/20/2019 - 15:22
Norsk Hydro, one of the world's largest aluminum producers, has made some progress in restoring operations but is not yet back to normal after a ransomware cyber attack, the company said in a statement on Wednesday.

EU antitrust chief news conference at 1030 GMT, Google likely in focus

Wed, 03/20/2019 - 15:17
European Competition Commissioner Margrethe Vestager will hold a news conference on an antitrust case at 1030 GMT (11.30 a.m. Brussels time), the European Commission said on Wednesday.

Xiaomi weathers China smartphone slowdown but growth worries hit shares

Wed, 03/20/2019 - 14:28
Chinese smartphone maker Xiaomi Corp beat quarterly profit estimates as it dominated the fast-growing Indian market and sold more expensive handsets in Western Europe, but shares slid as revenue fell short of expectations.

Samsung Elec sees green shoots in China smartphone business: co-CEO

Wed, 03/20/2019 - 10:13
Samsung Electronics Co Ltd said on Wednesday its new Galaxy flagship smartphones were selling well in China and it was confident it could reverse the recent slump in its fortunes in the world's biggest smartphone market.

Samsung Elec sees tough year with trade risks, slow growth: co-CEO

Wed, 03/20/2019 - 08:13
Samsung Electronics Co Ltd expects a tough year due to global trade tensions, slowing economic growth and softer demand for memory chips from data center companies, the firm's co-chief executive said on Wednesday.

Samsung Electronics sees tough 2019 for component business: CEO

Wed, 03/20/2019 - 07:41
Samsung Electronics Co Ltd expects a tough year for its component business including memory chips due to sluggish growth in the smartphone market and reduced investment from data center companies, Chief Executive Kim Ki-nam said on Wednesday.

Google to prompt Android users to choose preferred browsers to allay EU concerns

Wed, 03/20/2019 - 06:01
Alphabet's Google will prompt Android users to choose their preferred browsers and search apps, a senior Google executive said on Tuesday, as the company seeks to allay EU antitrust concerns and ward off fresh sanctions.

Franco-German startup Doctolib gets unicorn status with 150 million-euro fundraising

Wed, 03/20/2019 - 05:29
Franco-German start-up Doctolib, an online booking platform for doctors, has raised 150 million euros from a pool of investors led by U.S. venture capital giant General Atlantic, it said on Tuesday.

Lyft's IPO oversubscribed on road show's second day: sources

Wed, 03/20/2019 - 05:27
Lyft Inc's initial public offering (IPO) is oversubscribed based on commitments made so far by investors, making it more likely that the ride-hailing startup will fetch or even exceed the $23 billion valuation it is seeking, people familiar with the matter said on Tuesday.

Facebook agrees to advertising overhaul to settle U.S. discrimination suits

Wed, 03/20/2019 - 05:24
Facebook Inc has agreed to change its paid advertising platform as part of a wide-ranging settlement to prevent discriminatory and "harmful" practices, the company and U.S. civil rights groups said on Tuesday.

U.S. lawmaker says tech companies must quickly remove violent content after New Zealand

Wed, 03/20/2019 - 04:12
Following the live-streaming on social media of the mass shooting in New Zealand, the chair of the U.S. House Committee on Homeland Security wrote a letter to top executives of four major technology companies urging them to do a better job of removing violent political content.

Exclusive: Lyft's IPO oversubscribed after two days - sources

Wed, 03/20/2019 - 03:41
Lyft Inc's initial public offering (IPO) is oversubscribed based on commitments made so far by investors, making it more likely that the ride-hailing startup will fetch or even exceed the $23 billion valuation it is seeking, people familiar with the matter said on Tuesday.

Google announces browser-based streaming game service

Wed, 03/20/2019 - 02:18
Alphabet Inc's Google announced on Tuesday a browser-based video game streaming service dubbed Stadia that attempts to capitalize on the company's cloud technology and global network of data centers.

Google announces Stadia video game streaming service

Wed, 03/20/2019 - 01:51
Alphabet Inc's Google announced on Tuesday a video game streaming service dubbed Stadia that attempts to capitalize on the company's cloud technology and global network of data centers.

ACLU reaches settlement with Facebook on discriminatory ads

Wed, 03/20/2019 - 01:08
The American Civil Liberties Union (ACLU) said on Tuesday as part of a settlement with Facebook Inc the social network will make changes to its paid advertising platform to prevent discrimination in employment, housing and credit ads.

Google announces Stadia video game service

Wed, 03/20/2019 - 00:50
Alphabet Inc's Google announced on Tuesday a video game streaming service dubbed Stadia that attempts to capitalize on the company's cloud technology and global network of data centers.

Instagram adds shopping feature for U.S. users

Tue, 03/19/2019 - 23:19
Facebook Inc's Instagram is trialing a feature that lets U.S. users shop from the photo-sharing app by using a "checkout" option on items tagged for sale, the company said on Tuesday.

Aluminum maker Hydro battles to contain ransomware attack

Tue, 03/19/2019 - 23:04
Norsk Hydro, one of the world's largest aluminum producers, battled on Tuesday to contain a cyber attack which halted parts of its production, the latest example of the damage hackers can cause to business and industry.

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