Tuesday, December 31, 2019

Uber, Postmates sue to block California gig worker law, claiming it's unconstitutional

Ride-hailing company Uber Technologies Inc and courier services provider Postmates Inc asked a U.S. court to block a California labor law set to go into effect on Wednesday, arguing the bill violates the U.S. Constitution.


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Tech 2019: Our biggest technology stories

Social media scandals dominate the list of the most-read news stories by the Tech desk this year.

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It’s time to celebrate



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Huawei's 2019 revenue to jump 18%, forecasts 'difficult' 2020

Huawei Technologies on Tuesday said its full-year revenue would likely jump 18% in 2019 to 850 billion yuan ($121.72 billion), lower than its earlier projections, as a U.S. trade blacklisting curbed growth and disrupted its ability to source key parts.


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Microsoft says North Korea-linked hackers stole sensitive information

Microsoft Corp said on Monday it has taken control of web domains which were used by a hacking group called "Thallium" to steal information.


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Monday, December 30, 2019

Tesla-rival Nio posts higher third-quarter deliveries, shares rise

Tesla-rival Nio Inc on Monday reported more deliveries in its third quarter than in second, sending its U.S.-listed shares up more than 12% in trading before the bell.


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'Do Not Sell My Info': U.S. retailers rush to comply with California's new privacy law

U.S. retailers including Walmart Inc will add "Do Not Sell My Info" links to their websites and signage in stores starting Jan. 1, allowing California shoppers to understand for the first time what personal and other data the retailers collect, sources said.


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Satellite imagery company Maxar to sell its robotics unit for C$1 billion

U.S. satellite imagery company Maxar Technologies Inc said on Monday it would sell its space robotics business to a consortium led by Northern Private Capital (NPC) for C$1 billion ($765.23 million), in a bid to ease its debt.


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Israeli M&A value slips 6% in 2019 to $20.4 billion - report

The value of mergers and acquisitions in Israel in 2019 fell 6% to $20.4 billion though the number of deals rose 34% to 166, according to a report released by Pricewaterhouse Coopers on Monday.


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British digital bank Monzo closes in on new fundraising round

British digital bank Monzo is close to raising between 50 to 100 million pounds ($65.58-$131.16 million) within weeks to help fund its rapid growth, a source close to the company confirmed on Monday.


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Actress Sharon Stone blocked from dating app Bumble

Bumble told her it had received several reports that her profile was fake.

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Anthropic quietly sets up biology lab as it ramps AI drug program

At a time when fears of AI are gripping the public, the startup has built a wet lab, or place for physical experiments, in the San Francisco...