Western Digital to seek injunction to block Toshiba’s $18 billion chip unit sale
TOKYO (Reuters) – Western Digital Corp said on Tuesday it will seek an injunction to block the sale of …read more Source: Reuters Tech News
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Alibaba takes control of logistics business, pledges $15 billion to expand network
HONG KONG (Reuters) – Chinese e-commerce firm Alibaba Group announced it will invest 100 billion yuan ($15.12 billion) over five …read more Source: Reuters Tech News
Alibaba raising stake in Cainiao to majority, investing $15 billion to grow logistics
HONG KONG (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd is raising its stake in logistics affiliate Cainiao Smart …read more Source: Reuters Tech News
Carnegie Mellon professor named CEO of Canadian AI institute
TORONTO (Reuters) – A Toronto artificial intelligence institute set up in March with more than $150 million of public and …read more Source: Reuters Tech News
Facebook, Google bound to change handling of politics ads – marketing executives
NEW YORK (Reuters) – Facebook Inc and Alphabet Inc’s Google have little choice but to rein in internet political ads …read more Source: Reuters Tech News
Linux distributor Red Hat beats profit estimate, raises forecasts
(Reuters) – Red Hat Inc reported a better-than-expected quarterly profit and raised its full-year forecasts, driven by strong demand …read more Source: Reuters Tech News
Linux distributor Red Hat reports 20.6 percent rise in revenue
(Reuters) – Red Hat Inc reported a 20.6 percent rise in quarterly revenue as the Linux operating system distributor …read more Source: Reuters Tech News
Tech stocks sell-off deepens fears of shift away from sector
SAN FRANCISCO (Reuters) – Technology stocks including Facebook , Microsoft and Alphabet dropped sharply on Monday, increasing worries …read more Source: Reuters Tech News
Uber rival Lyft met London transport officials, documents show
FRANKFURT/LONDON (Reuters) – Lyft, Uber’s closest U.S. rival in the taxi-hailing business, met repeatedly with officials from London’s transport regulator …read more Source: Reuters Tech News
SEC chairman belatedly learned of 2016 agency hack – testimony
WASHINGTON (Reuters) – The chairman of the U.S. Securities and Exchange Commission belatedly found out in August, about three months …read more Source: Reuters Tech News