Technology News

Alibaba’s Singles’ Day sales hit record $38 billion; growth slows

(This November 11 story corrects to say “above”, not “below”, in 6th paragraph)

Brazil Senate approves technology safeguard agreement with U.S.

Brazil’s Senate approved on Tuesday the ratification of an agreement signed earlier this year to safeguard U.S. space and defense technology that opens the way for U.S. companies to use Brazil’s Alcantara base in the Northeastern-state of Maranhao to launch satellites.

Tesla CEO says will build Gigafactory 4 in ‘Berlin area’

Tesla Inc Chief Executive Officer Elon Musk said on Tuesday the electric-car maker will build its first European factory as well as an engineering and design center in Berlin.

SAP to streamline hardware infrastructure in drive to lift margins

German business software group SAP plans to streamline its hardware infrastructure while holding research development costs steady, an executive said on Tuesday.

Trump, Apple CEO Tim Cook to tour Apple operations in Texas: sources

U.S. President Donald Trump and Apple CEO Tim Cook are expected to tour facilities in Texas where Apple products are made as soon as next week to showcase companies that keep jobs in America, according to two people familiar with the matter.

Hackers hit UK political parties with back-to-back cyberattacks

Hackers hit Britain’s two main political parties with back-to-back cyberattacks on Tuesday, sources told Reuters, attempting to force political websites offline with a flood of malicious traffic just weeks ahead of a national election.