Technology 

U.S. investigating Huawei for alleged trade secret theft: WSJ

FILE PHOTO: Attendees pass by a Huawei booth during the 2019 CES in Las Vegas, Nevada, U.S. January 9, 2019. REUTERS/Steve Marcus WASHINGTON (Reuters) – Federal prosecutors are investigating Huawei Technologies, the world’s largest telecommunications equipment maker, for allegedly stealing trade secrets from U.S. businesses and could soon issue an indictment, the Wall Street Journal reported on Wednesday. Reuters could not immediately confirm the report. The Justice Department and Huawei [HWT.UL] declined to comment to the Wall Street Journal for its story. Citing people familiar with the matter, the Journal…

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Apple to launch three iPhones with new camera features this year: WSJ

(Reuters) – Apple Inc plans to launch three iPhone models this year with some new camera features, including three rear cameras for the most expensive model and two for the other models, the Wall Street Journal reported on Friday. The new iPhones will succeed the XR model that has shown sluggish demand, which according to Apple was due to weak sales in China. That led several electronics retailers in the world’s second largest economy to slash iPhone prices this week. Apple was not available for comment outside regular business hours.…

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Apple plans to launch three new iPhone models this year: WSJ

FILE PHOTO: Apple company logos are seen as two MacBooks stand next to each other in an office in Vienna, Austria January 3, 2019. REUTERS/Leonhard Foeger (Reuters) – Apple Inc plans to launch three new iPhone models this year, including one with an LCD screen, to succeed its struggling XR model, the Wall Street Journal reported on Friday. The iPhone maker also intends to introduce new camera features, the report said, citing people familiar with the matter. Apple was not immediately available for comment outside regular business hours. The Cupertino,…

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Bill Gates’ nuclear venture hits snag amid U.S. restrictions on China deals: WSJ

FILE PHOTO: Microsoft founder Bill Gates attends a forum of the first China International Import Expo (CIIE) in Shanghai on November 5, 2018. Matthew Knight/Pool via REUTERS NEW YORK (Reuters) – TerraPower LLC, a nuclear energy venture chaired by Microsoft Corp co-founder Bill Gates, is seeking a new partner for early-stage trials of its technology after new U.S. rules forced it to abandon an agreement with China, company officials told the Wall Street Journal. TerraPower reached an agreement with state-owned China National Nuclear Corp in 2017 to build an experimental…

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Yankees in talks with Amazon, Sinclair to bid for Yes Network: WSJ

FILE PHOTO: New York Yankees’ Derek Jeter waits to bat as he stands near the Yankees logo painted on the infield behind home plate during the fourth innings of the Yankees’ game against the Tampa Bay Rays at Yankee Stadium in New York, July 8, 2008. REUTERS/Mike Segar (Reuters) – The New York Yankees are in talks with Amazon.com Inc and Sinclair Broadcast Group Inc about a joint bid for the team’s regional sports network, Yes, the Wall Street Journal reported on Friday, citing people familiar with the matter. The…

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Chinese hackers targeting U.S. Navy contractors with multiple breaches: WSJ

FILE PHOTO: A man types on a computer keyboard in this illustration picture February 28, 2013. REUTERS/Kacper Pempel/Illustration/File Photo WASHINGTON (Reuters) – Chinese hackers have breached U.S. Navy contractors to steal a raft of information, including missile plans, through what some officials describe as some of the most debilitating cyber campaigns linked to Beijing, the Wall Street Journal reported on Friday. Victims have included contractors of all sizes, with some of the smaller ones struggling to invest in securing their networks, as hackers over the last 18 months have conducted…

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Tencent Music IPO priced at low end of range: WSJ

FILE PHOTO: A Tencent sign is seen during the fourth World Internet Conference in Wuzhen, Zhejiang province, China, December 4, 2017. REUTERS/Aly Song/File Photo (Reuters) – China-based music streaming company Tencent Music Entertainment Group’s (TME.N) initial public offering was priced at the low end of its $13 to $15 per ADS range, the Wall Street Journal reported on Tuesday, citing a source. Tencent’s IPO will be the largest U.S.-listed Chinese IPO by market value since Alibaba’s offering in 2014. Reporting by Vibhuti Sharma in Bengaluru; Editing by Anil D’Silva Our…

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Uber confidentially files for IPO: WSJ

FILE PHOTO: The Uber application is seen on a mobile phone in London, Britain, September 14, 2018. REUTERS/Hannah McKay/File Photo (Reuters) – Uber Technologies Inc filed paperwork confidentially this week for its initial public offering next year, the Wall Street Journal reported on Friday, citing people familiar with the matter. Uber’s confidential filing indicates it could go public as soon as the first quarter, the Journal reported. Reporting by Ismail Shakil in Bengaluru; Editing by Sandra Maler Our Standards:The Thomson Reuters Trust Principles. Source link

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Amazon tests cashierless tech for stores with bigger spaces: WSJ

People walk by the Amazon Go brick-and-mortar grocery store without lines or checkout counters, in Seattle Washington, U.S. December 5, 2016. REUTERS/Jason Redmond (Reuters) – Amazon.com Inc (AMZN.O) is testing its cashierless checkout technology for bigger stores with larger spaces and experimenting the technology in Seattle, the Wall Street Journal reported on Sunday. The technology functions well in a small store format but is harder to use in bigger spaces with higher ceilings and more production, the report on.wsj.com/2U6hwnB added, citing a source. The checkout-free system which is already operational…

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White House to hold roundtable with tech executives: WSJ

FILE PHOTO – Microsoft CEO Satya Nadella speaks during the opening of the Viva Tech start-up and technology summit in Paris, France, May 24, 2018. Michel Euler/Pool via Reuters (Reuters) – The Trump administration will meet with top tech executives next week for a roundtable discussion on innovation, the Wall Street Journal reported on Thursday, citing a White House email. Executives expected to participate include Microsoft Corp’s Satya Nadella, Alphabet Inc’s Sundar Pichai, Oracle Corp’s Safra Catz, and others, the newspaper reported. The meeting will discuss “bold, transformational ideas” that “can help ensure U.S.…

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