(Reuters) – Microsoft Corp said it will drop a lawsuit against the U.S. government after the Department of Justice (DOJ) changed data request rules on alerting internet users about agencies accessing their information. The new policy limits the use of secrecy orders and calls for such orders to be issued for defined periods, Microsoft Chief […]
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By Kit Rees LONDON (Reuters) – Investment funds seeking to invest at the intersection of Europe and technology are finding rich pickings in places that some may find surprising: sprawling industrials like trains-to-turbines Siemens and engineering group ABB. Building on their traditional expertise in factory automation, the conglomerates’ digital divisions are adding cutting-edge software and […]
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(Reuters) – Amazon.com Inc on Monday said Joe Lewis, the head of comedy and drama at its entertainment studio unit, has stepped down, but gave no reason for his resignation. Amazon said Sharon Tal Yguado, who is the head of event series, will replace Lewis in the interim. Lewis’ exit comes after Amazon Studios chief […]
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By Liana B. Baker and Munsif Vengattil (Reuters) – Cisco Systems Inc <CSCO.O> will buy software company BroadSoft Inc <BSFT.O> for $1.71 billion, it said on Monday, in a deal that boosts Cisco’s collaboration tools and helps the company diversify its offerings away from switching and routing. Shares in BroadSoft, which specializes in software used […]
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By Jeffrey Dastin (Reuters) – Amazon.com Inc has received 238 proposals from cities and regions across North America vying to host the company’s second headquarters, it said on Monday. The number of applicants underscores the interest in the contest, which Seattle-based Amazon announced last month. The world’s largest online retailer said it would invest more […]
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By Valerie Volcovici WASHINGTON (Reuters) – The U.S. federal government should adopt a strategy to manage climate change risks, as their cost to the government may rise as much as $35 billion per year by mid-century, a congressional watchdog office report released on Monday said. The report from the non-partisan Government Accountability Office comes as […]
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(Reuters) – Days before Apple Inc’s much-awaited iPhone X opens for preorders, a survey by brokerage Bernstein showed that demand for the device will be substantial, but not exceptional, with about a quarter of the respondents planning to buy the phone. Heightened anticipation around the 10th anniversary iPhone, which opens for preorders on Oct. 27 […]
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By Susan Cornwell (Reuters) – Iowa on Monday withdrew a request to waive some Obamacare rules to help shore up its struggling healthcare insurance market, marking a setback in efforts by Republican-governed states to sidestep requirements of the Obama-era law. With open enrollment for the Affordable Care Act – better known as Obamacare – set […]
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OSLO (Reuters) – U.S. companies are still among the most ambitious in setting targets to combat global warming despite President Donald Trump’s plans to quit the 195-nation Paris climate agreement, a 2017 survey showed on Tuesday. U.S.-based firms made up a fifth of those in a 2017 “A list” of 159 companies judged to have […]
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By David Ingram SAN FRANCISCO (Reuters) – Facebook Inc said on Monday it was testing the idea of dividing its News Feed in two, separating commercial posts from personal news in a move that could lead some businesses to increase advertising. The Facebook News Feed, the centerpiece of the world’s largest social network service, is […]
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By Karen Freifeld NEW YORK (Reuters) – The New York attorney general has opened an investigation into sexual harassment and possible violations of civil rights laws at the Weinstein Company, the movie studio co-founded by Harvey Weinstein, and sent the company a subpoena on Monday, a source familiar with the investigation said. The subpoena, which […]
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By Paresh Dave SAN FRANCISCO (Reuters) – The launch of Alphabet Inc’s <GOOGL.O> second-generation Google Pixel smartphones has been hampered by display screen problems and pricing and shipping issues, prompting the company to open an investigation and issue multiple apologies to customers. The Pixel 2 and Pixel 2 XL, which start at $649 and debuted […]
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