Category Archives: (KFGO The Mighty 790) Technology
Smartphone data shows America’s cautious comeback
By Reade Levinson (Reuters) - Data from millions of mobile phones shows varying behavior across the United States in May as people responded to the loosening of stay-at-home orders, a Reuters analysis...
May 22, 2020
NetEase and JD.com set dates for $5 billion Hong Kong listings
By Julie Zhu and Kane Wu HONG KONG (Reuters) - Chinese technology company NetEase plans to carry out a secondary listing on the Hong Kong Stock Exchange on June 11, which will be followed one week lat...
May 22, 2020
Alibaba revenue tops as online sales surge during lockdown
(Reuters) - China's Alibaba Group Holding Ltd reported a better-than-expected quarterly revenue on Friday, as the COVID-19 lockdowns drove more people to shop online for essentials. Revenue rose to 11...
May 22, 2020
With remote work plan, Facebook dashes hopes of paycheck arbitrage
By Katie Paul SAN FRANCISCO (Reuters) - With Facebook's adoption of permanent remote work on Thursday, Chief Executive Mark Zuckerberg has untethered one of Silicon Valley's biggest companies from the...
May 22, 2020
Pinduoduo beats revenue estimates as demand for online shopping soars
(Reuters) - China's Pinduoduo Inc beat first-quarter revenue estimates on Friday, as more people shopped at its e-commerce platform during coronavirus lockdowns that shut down most brick-and-mortar sh...
May 22, 2020
Indonesia probes breach of data on more than two million voters
By Stanley Widianto and Fanny Potkin JAKARTA (Reuters) - Indonesia's election commission is investigating the release of 2.3 million voters' private information on a hacker website along with a threat...
May 22, 2020
How South Korea turned an urban planning system into a virus tracking database
By Hyonhee Shin, Hyunjoo Jin and Josh Smith SEOUL (Reuters) - When a man in Seoul tested positive for the new coronavirus in May, South Korean authorities were able to confirm his wide-ranging movemen...
May 21, 2020
Philippine lawmaker proposes tax targeting tech giants to fund virus fight
MANILA (Reuters) - A Philippine lawmaker has introduced a bill in parliament aimed at taxing big tech firms such as Facebook, Alphabet's Google and Youtube, Netflix and Spotify, to raise funds to batt...
May 21, 2020
Proxy adviser ISS recommends vote ‘against’ executive pay at Alphabet
(Reuters) - Institutional Shareholder Services (ISS) has recommended shareholders of Google-parent Alphabet Inc to vote "against" the company's proposed executive pay at its annual meet in June, accor...
May 21, 2020
SoftBank Group’s sale of 5% telco unit stake to raise $2.9 billion
TOKYO (Reuters) - SoftBank Group Corp said on Friday its planned sale of 5% in its domestic telco SoftBank Corp would fetch 310.2 billion yen ($2.9 billion), as part of a programme to raise $41 billio...
May 21, 2020
