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Friday, November 30, 2018

Microsoft's market value overtakes Apple's to close out week

Microsoft Corp's stock market value closed above Apple Inc's for the first time in eight years on Friday as the Windows maker benefited from growth in cloud computing while Apple was hit by investor concern about iPhone demand.


from Reuters: Technology News https://ift.tt/2RraUhI

Does Google harm local search rivals? EU antitrust regulators ask

EU antitrust regulators have asked Google's rivals if the internet search giant unfairly demotes local search competitors, according to a questionnaire seen by Reuters, a move which could lead to a fourth case against the Alphabet unit.


from Reuters: Technology News https://ift.tt/2AMwrdV

Marriott's Starwood hack hits up to 500 million customers

Marriott International Inc said on Friday that hackers accessed up to 500 million customer records in its Starwood Hotels reservation system in an attack that began four years ago, exposing data including passport numbers and payment cards.


from Reuters: Technology News https://ift.tt/2E5MRC4

Group of EU states reject compromise on digital tax as deadline looms

A group of European Union countries rejected on Friday a new compromise plan for the introduction of an EU-wide tax on digital revenues of large companies, diplomats said, making it increasingly difficult to meet a year-end deadline for a deal.


from Reuters: Technology News https://ift.tt/2DTUlqP

Tesla achieves Model 3 production of 1,000 cars per day: Electrek

Tesla Inc met its production target of 1,000 Model 3 cars per day, automotive news website Electrek reported on Friday, citing Chief Executive Officer Elon Musk's email to employees.


from Reuters: Technology News https://ift.tt/2PfIm9i

U.S. appeals court upholds Sprint patent verdict against Time Warner Cable

A U.S. appeals court on Friday upheld a roughly $140 million jury verdict in favor of Sprint Corp in its lawsuit accusing Time Warner Cable Inc, part of Charter Communications Inc, of using patented technology without authorization.


from Reuters: Technology News https://ift.tt/2DTFGw0

Marriott's Starwood database hacked, 500 million may be affected

Marriott International said on Friday hackers stole about 500 million records from its Starwood Hotels reservation system in an attack that began four years ago, exposing personal data of customers including some payment card numbers.


from Reuters: Technology News https://ift.tt/2KKGDYB

ECB takes on PayPal with instant payment system

The European Central Bank launched on Friday a new system aimed at letting banks settle payments instantly across Europe, helping them compete with PayPal and other global tech giants.


from Reuters: Technology News https://ift.tt/2rcxvDg

Amazon to allow Apple Music on its Echo speakers

Amazon.com Inc said on Friday Apple Music will become available on its Echo smart speakers starting Dec. 17, signaling increasing collaboration between the tech heavyweights.


from Reuters: Technology News https://ift.tt/2E5XsNq

Marriott's Starwood database hacked, 500 million guests may be affected

Marriott International said on Friday that hackers illegally accessed its Starwood Hotels brand's reservation database since 2014, potentially exposing personal information on about 500 million guests.


from Reuters: Technology News https://ift.tt/2E4H4wB

Marriott says Starwood database hacked

Marriott International said on Friday that a guest reservation database of its Starwood Hotel brand was breached, potentially exposing information on about 500 million guests.


from Reuters: Technology News https://ift.tt/2Rk942k

Construction on $4 billion Indonesia EV battery project begins Jan 2019: minister

Developers will begin building a lithium battery project in Morowali, on the Indonesian island of Sulawesi, on Jan. 11, Coordinating Maritime Minister Luhut Pandjaitan said on Friday.


from Reuters: Technology News https://ift.tt/2rdSohB

Bitcoin falls over 7 percent, heads towards one-year low

Bitcoin fell as much as 7 percent on Friday <BTC=BTSP>, heading towards a recent one-year low in a broad-based selloff in cryptocurrencies.


from Reuters: Technology News https://ift.tt/2FRmxxn