Technology News


Google announces patent agreement with Tencent amid China push

BEIJING (Reuters) – Alphabet Inc’s Google has agreed to a patent licensing deal with Tencent Holdings Ltd as it looks for ways to expand in China where many of its products, such as app store, search engine and email service, are blocked by regulators.


SEC says bitcoin funds raise ‘investor protection issues’

(Reuters) – The U.S. securities regulator on Thursday raised alarm about the safety of bitcoin-themed investments, telling the fund industry they want answers to their concerns before endorsing more than a dozen proposed products based on cryptocurrencies.


South Korean group files complaint against Apple CEO over iPhone slowdown

SEOUL (Reuters) – A South Korean consumer group has filed a criminal complaint against Apple Inc CEO Tim Cook over slower iPhone devices, after probes in Europe into allegations the firm had deliberately shortened the life of its handsets.


Senate passes bill renewing internet surveillance program

WASHINGTON (Reuters) – The U.S. Senate on Thursday passed a bill to renew the National Security Agency’s warrantless internet surveillance program for six years with minimal changes, overcoming objections from civil liberties advocates that it undermined the privacy of Americans.


SoftBank is now Uber’s largest shareholder as deal closes

SAN FRANCISCO (Reuters) – A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc [UBER.UL] on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber.


IBM returns to growth after six years, but dour forecast hits shares

(Reuters) – International Business Machines Corp’s revenue rose for the first time in 23 quarters, beating analysts’ estimates, but the company warned that a higher tax rate this year would eat into its profit.