Technology

(Reuters) – Globalfoundries and SkyWater Technology have reached a deal to supply semiconductor chips to the U.S. defense industry and work on new technology, the companies said on Thursday, as the industry moves toward more U.S. manufacturing. Globalfoundries, a California-based semiconductor manufacturing firm owned by the United Arab Emirates’ sovereign wealth fund, already supplies defense
0 Comments
NEW YORK (Reuters) – Robinhood Markets Inc, the fintech startup credited with helping popularize trading with millennials, said on Thursday it experienced a major trading outage and that while its systems were back online, it was still working to resolve the problem. “This morning, customers may have experienced issues with some of our services. We’re
0 Comments
FILE PHOTO: The Amazon logo is seen during a visit at the Amazon fulfilment center in Bretigny-sur-Orge near Paris, France, October 22, 2019. REUTERS/Pascal Rossignol MILAN (Reuters) – Italian luxury brand Valentino and Internet giant Amazon have filed a joint lawsuit against New York-based Kaitlyn Pan Group for allegedly counterfeiting Valentino’s shoes and offering them
0 Comments
FILE PHOTO: EU Economic Affairs Commissioner Paolo Gentiloni holds a joint press conference with European Commission Vice-President Valdis Dombrovskis on Recovery and Resilience at the European Commission headquarters in Brussels, Belgium May 28, 2020. Aris Oikonomou/Pool via REUTERS BRUSSELS (Reuters) – The European Union is ready to go it alone with taxing digital services of
0 Comments
SAN FRANCISCO (Reuters) – A newly discovered spyware effort attacked users through 32 million downloads of extensions to Google’s market-leading Chrome web browser, researchers at Awake Security told Reuters, highlighting the tech industry’s failure to protect browsers as they are used more for email, payroll and other sensitive functions. FILE PHOTO: The logo of Google
0 Comments
SYDNEY/BENGALURU (Reuters) – Australia’s antitrust regulator warned Google’s planned $2.1 billion acquisition of fitness tracker maker Fitbit (FIT.N) may give it too much of people’s data, potentially hurting competition in health and online advertising markets. FILE PHOTO: Fitbit Blaze watch is seen in front of a displayed Alphabet logo in this illustration picture taken November
0 Comments
WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin decided to pull out of negotiations on digital services taxes with European Union officials after they failed to make any progress, U.S. Trade Representative Robert Lighthizer said on Wednesday. U.S. Trade Representative Robert Lighthizer speaks at a Senate Finance Committee hearing on President Donald Trump’s 2020 Trade
0 Comments
FILE PHOTO: U.S. Trade Representative Robert Lighthizer testifies before a Senate Finance Committee hearing on “The President’s 2019 Trade Policy Agenda and the United States-Mexico-Canada Agreement” on Capitol Hill in Washington, U.S., June 18, 2019. REUTERS/Leah Millis WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin decided to pull out of negotiations on digital services taxes
0 Comments
WASHINGTON (Reuters) – The U.S. government proposed a pause in Organization of Economic Co-operation and Development talks about international taxation while governments work to respond to the coronavirus pandemic, a spokeswoman for the U.S. Treasury said. Treasury spokeswoman Monica Crowley issued the statement late on Wednesday after a report that Treasury Secretary Steven Mnuchin had
0 Comments