Reuters - Technology Report

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Monday, May 27, 2019

Google to invest 600 million euros in Finnish data center

Google said on Monday it planned to invest about 600 million euros ($672 million) in a new data center in Hamina, Finland.

Japan to limit foreign ownership of firms in its IT, telecom sectors

Japan's government said on Monday that high-tech industries will be added to a list of businesses for which foreign ownership of Japanese firms is restricted.

Finistere, three Israeli firms to invest $100 million in food tech

Food technologies-focused Finistere Ventures and three Israeli firms said on Monday they formed a partnership that would invest up to $100 million in agrifood startups in Israel.

Huawei founder says he would oppose Chinese retaliation against Apple: Bloomberg

Huawei Technologies' founder and Chief Executive Ren Zhengfei told Bloomberg https://bloom.bg/2HT7DUY that retaliation by Beijing against Apple Inc was unlikely and that he would oppose any such move from China against the iPhone maker.

Peru, Colombia, Ecuador and Bolivia denounce decision on Amazon domain

The presidents of Peru, Colombia, Ecuador and Bolivia criticized a recent decision by the organization that manages internet protocol to grant global retailer Amazon Inc the rights to the .amazon domain.

Huawei shipments could fall by up to a quarter this year: analysts

China's Huawei, hit by crippling U.S. sanctions, could see shipments decline by as much as a quarter this year and faces the possibility that its smartphones will disappear from international markets, analysts said.

First American says product defect could have caused customer data exposure

U.S. real estate title insurance company First American Financial Corp said on Friday it had learned of a design defect in one of its production applications that had made possible unauthorized access to customer data.

Mexico tax plan for riding hailing firms may soon be mandatory: Cabify

A tax withholding plan in Mexico for drivers at ride-hailing firms envisaged as voluntary when it was unveiled earlier this week could become obligatory in 2020, Spanish company Cabify said on Friday.

Amazon facial recognition ban won just 2% of shareholder vote

Amazon.com Inc shareholders overwhelmingly rejected a proposal that the company stop selling facial recognition technology to government agencies, while a resolution to audit the service drew more support, a regulatory filing on Friday showed.

Uber's first employee, Ryan Graves, resigns from board

Uber's first employee and one-time chief executive Ryan Graves will step down from the company's board of directors, Uber said on Friday.