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Reuters


Fake online stores reveal gamblers' shadow banking system

23 Jun 2017A screen grab of the home page of www.myfabricfactory.com.

A network of dummy online stores offering household goods has been used as a front for Internet gambling payments.

Trump meets wireless, drone execs on new tech

23 Jun 2017US president Donald Trump looks at a drone with Kespry CEO George Mathew.

US president Donald Trump offers support for emerging technologies in efforts to boost US competitiveness in various IT fields and create jobs.

Tesla closer to building electric cars in China

23 Jun 2017Tesla did not provide a timeline for setting up a China plant.

The firm is nearer to establishing an electric vehicle manufacturing plant in China as it is in exploratory talks with the Shanghai municipal government.

Uber ordered to provide driver information

23 Jun 2017Uber failed to show the information requested constitutes a protected trade secret.

The ride-hailing company had argued the request for driver contact information violates driver privacy and could endanger drivers' safety.

Imagination Tech for sale after bruising Apple fight

23 Jun 2017Imagination licensed its processing designs to Apple from the time of the first iPod.

The British firm that lost 70% of its value after being ditched by its biggest customer Apple puts itself up for sale.

Zuckerberg tweaks Facebook mission to focus on groups

23 Jun 2017Facebook CEO Mark Zuckerberg.

The new mission is to give people the power to build community and bring the world closer together, says Facebook CEO Mark Zuckerberg.

Google urges more access to overseas data

22 Jun 2017Criminal and terrorism investigations are hindered by out-dated laws that make sharing information slow and burdensome.

The push comes amid growing legal uncertainty across the globe, about how tech firms must comply with government requests for foreign-held data.

Amazon grocery push plays catch-up with Chinese giants

22 Jun 2017E-commerce firms grapple with increasing their margins on fast-moving consumer goods.

China's tech giants have already taken the lead in the battle to transform supermarket shopping with big data and better supply chains.

Twitter lets streaming video stars collect money from fans

22 Jun 2017Fans will be able to send performers and broadcasters they like a gratuity.

Periscope viewers will be able to send performers and broadcasters they like a gratuity using heart shapes that are a virtual currency.

Oracle profit rises after cloud shift

22 Jun 2017Oracle expects revenue to grow between 4% and 6% in the current quarter.

Quarterly profit blew past estimates and Oracle forecast upbeat current-quarter earnings, indicating its transition to cloud is starting to pay off.


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