Search results for "tech companies "

Meituan raises $10 bln for self-driving cars, drone delivery

Chinese food delivery giant Meituan raised nearly $10 billion in a sale of convertible bonds and additional shares and plans to invest those funds in developing and expanding delivery technologies. The Beijing-based firm, China’s largest food delivery platform, said in a filing to the Hong Kong stock exchange that it sold 187 million additional shares […]

Amazon begins rollout of pay-by-palm at Whole Foods near HQ

Amazon is rolling out pay-by-palm technology at some Whole Foods grocery stores near its headquarters to make paying quicker and more convenient. The technology, called Amazon One, lets shoppers scan the palm of their hand and connect it to a credit card or Amazon account. After the initial set up, which Amazon says takes less […]

US takes steps to protect electric system from cyberattacks

The Biden administration is taking steps to protect the country’s electricity system from cyberattacks through a new 100-day initiative combining federal government agencies and private industry. The initiative, announced Tuesday by the Energy Department, encourages owners and operators of power plants and electric utilities to improve their capabilities for identifying cyber threats to their networks. […]

Analysis: Can Reddit Talk beat Clubhouse at its own game?

In a sort of domino effect, popular discussion and content platform Reddit announced on Tuesday a first look into its new audio tool called “Reddit Talk” to be integrated within its subreddits, in a bid to increase user real-time engagement. While Reddit Talk does have similarities to Clubhouse, the layout of the tool has a […]

Suspected Chinese hackers spied on US, European targets

Suspected state-backed Chinese hackers exploited widely used networking devices to spy for months on dozens of high-value government, defense industry and financial sector targets in the U.S. and Europe, according to FireEye, a prominent cybersecurity firm. FireEye said Tuesday that it believes two hacking groups linked to China broke into several targets through Pulse Connect […]

Amid US strains, China's Xi warns against 'unilateralism'

Chinese President Xi Jinping on Tuesday called for more equitable management of global affairs and, in an implicit rejection of U.S. dominance, said governments shouldn’t impose rules on others. Xi’s speech at an economic forum comes amid rising tension with China’s neighbors and Washington over its strategic ambitions and demands for a bigger role in […]

Scrutiny of Tesla crash a sign that regulation may be coming

The fiery crash of a Tesla near Houston with no one behind the wheel is drawing scrutiny from two federal agencies that could bring new regulation of electronic systems that take on some driving tasks. The National Highway Traffic Safety Administration and the National Transportation Safety board said Monday they would send teams to investigate […]

SolarWinds hacking campaign puts Microsoft in the hot seat

The sprawling hacking campaign deemed a grave threat to U.S. national security came to be known as SolarWinds, for the company whose software update was seeded by Russian intelligence agents with malware to penetrate sensitive government and private networks. Yet it was Microsoft whose code the cyber spies persistently abused in the campaign’s second stage, […]