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Datafloq 10/30/2020 14:00
SINGAPORE (Reuters) - Singapore e-commerce firm Lazada said on Friday that personal information including addresses and partial credit card numbers from 1.1 million accounts had been hacked, a major breach in the city-state of 5.7 million. The Alibaba-owned firm said in an email that the information was taken from a database of its grocery arm RedMart that was more than 18 months out of date. "The user information that was illegally accessed include names, phone numbers, email and mailing addresses, encrypted passwords and partial credit card numbers," a spokesman for Lazada said. The firm said it had immediately moved to block access to the database and that its current customer data was not affected. (Reporting ...
Datafloq 10/30/2020 14:00
By Subrat Patnaik. (Reuters) - Apple Inc's. shares fell nearly 5% in premarket trading after the world's most valuable public company reported a steep fall in iPhone sales in China, hurt by the delay of its new model due to the COVID-19 pandemic. Customers put off buying new devices in the second half of September, leading the company to report its steepest quarterly drop in iPhone sales in at least three years. "We think this was most blatant in China, where 5G service is more accessible, with sales in the region declining 29% - also a bigger decline than we anticipated," Angelo Zino, analyst at CFRA Research said on Thursday. Analysts also noted that the iPhone represents a larger portion of revenue in China than any other region, making th.
Datafloq 10/30/2020 14:00
(Reuters) - Warehouse chain Sam's Club, a unit of Walmart Inc, said on Friday it will provide prescribed medicines to patients through delivery firm DoorDash Inc, as customers turn to digital orders during the COVID-19 pandemic. DoorDash will deliver items from more than 500 Sam's Club pharmacies and patients can call the pharmacies to schedule a same-day delivery, the warehouse club operator said. Demand for online delivery, ranging from meal kits to sporting goods, has soared during the outbreak, as stay-at-home consumers increasingly prefer having items delivered at their doorsteps due to fears of contracting the virus. Patients can buy prescribed medications from Sam's Club without a membership, according to the club operator's website.
Datafloq 10/30/2020 14:00
By David Shepardson. WASHINGTON (Reuters) - A group of business leaders and public policy experts will launch a new body to grapple with thorny questions surrounding the future of transportation including self-driving and electric vehicles. The group, the Future of Mobility Commission, to be formally unveiled Friday, plans to propose a new regulatory framework to address a global transportation sector "on the cusp of a worldwide transition driven by shared, connected, autonomous, and electric technologies.".
Datafloq 10/30/2020 14:00
By Jane Lanhee Lee. OAKLAND, Calif (Reuters) - Self-driving tech company Waymo, which this month opened its driverless taxi service in the Phoenix suburbs to the public, on Friday said its autonomous vehicles there had been involved in 18 minor incidents since 2019 during tests and actual rides. Waymo, a unit of Google parent Alphabet Inc. , said it was releasing the data https://waymo.com/safety to improve transparency and open a public dialogue.
Datafloq 10/30/2020 08:00
By Tessa Vikander and Moira Warburton. VANCOUVER (Reuters) - A fifth and final scheduled day of witness testimony in the extradition case of Huawei Chief Financial Officer Meng Wanzhou in a Canadian court will conclude on Friday, although lawyers for both sides proposed days be added to hear all witnesses. Meng, 48, was arrested by Canadian police on a U.S. warrant in December 2018 while on a layover in Vancouver, bound for Mexico.
Datafloq 10/30/2020 08:00
By Joey Roulette and Eric M. Johnson. WASHINGTON/SEATTLE (Reuters) - U.S. President Donald Trump's differences with rival presidential candidate Joe Biden extend far beyond planet earth. President Trump's plans to win the race in space call for a 2024 moon mission, and ending direct U.S. financial support for the International Space Station in 2025 - turning over control of the decades-old orbital laboratory to private space companies. Biden, on the other hand, would likely call for a delayed moonshot and propose a funding extension for the International Space Station if he wins the White House, according to people familiar with the fledging Biden space agenda. Pushing back the moon mission could cast more doubt on the long-term fate of Boei.
Datafloq 10/30/2020 08:00
TOKYO (Reuters) - Sony Corp is in final talks with AT&T to acquire U.S. animation-streaming service Crunchyroll in a deal worth more than 100 billion yen ($957 million), the Nikkei business daily reported on Friday. The acquisition would give Sony access to Crunchyroll's 70 million members around the world, allowing the Japanese entertainment and electronics conglomerate to compete better with Netflix and other global rivals, the Nikkei said. Sony, which recently obtained exclusive rights to negotiate for Crunchyroll, hopes to leverage the new channel to distribute its own entertainment content, including films and music. A Sony spokesman declined to comment on the report. It bought Funimation Productions Ltd, an animation distributor with
Datafloq 10/30/2020 02:00
By Kaori Kaneko and Izumi Nakagawa. TOKYO (Reuters) - Japan may effectively shut off China from supplying drones to its government to protect sensitive information, according to six people in government and the ruling party familiar with the matter, as part of a broad effort to bolster national security. The primary concerns, those people said, centred on information technology, supply chains, cyber security and intellectual property - worries that have been rising outside Japan as well. But Japan must balance such fears - particularly Beijing's growing push to export sensitive technologies such as commercial drones and security cameras - against deep economic dependence on China. It must also navigate increasingly choppy waters between Chin.
Datafloq 10/30/2020 02:00
(Reuters) - Facebook Inc's Instagram said on Thursday it was making changes to its image sharing platform for U.S. users to prevent the spread of misinformation around the Nov. 3 presidential election. For users in the United States, Instagram will temporarily remove the "Recent" tab from hashtag pages starting Thursday, it said in a statement on Twitter. "We're doing this to reduce the real-time spread of potentially harmful content that could pop up around the election," the statement added. Instagram's "Recent" tab arranges hashtags in chronological order and amplifies content.
Datafloq 10/30/2020 02:00
SEOUL (Reuters) - LG Chem shareholders approved the company's proposal to separate its battery business into a new company, a source familiar with the matter told Reuters on Friday. The decision paves the way for the battery business, a supplier for Tesla Inc and General Motors Co, to potentially raise funds and go public to finance its high-cost capacity expansion. More than 82% of LG Chem shareholders who attended the meeting voted in favour of the plan, the source said.
Datafloq 10/29/2020 20:01
By Elizabeth Culliford. (Reuters) - Wikipedia has locked down its main election page ahead of the U.S. presidential election so that only certain editors can make changes, part of preparations to combat potential disinformation and abuses related to Tuesday's vote. The online encyclopedia's articles, written primarily by unpaid volunteers, are relied on by platforms from Alphabet Inc's Google to Amazon Inc's voice assistant Alexa to give their users information and context. "We're not worried about vandals who want to just mess up an article in order to cause a little trouble.
Datafloq 10/29/2020 20:01
By Noel Randewich. (Reuters) - Alphabet rallied, Apple sank and Twitter tumbled on Thursday after a mixed bag of quarterly reports from top-tier technology companies that investors have relied on this year to power a stock market rally through the coronavirus pandemic. Share swings following the reports from the tech heavyweights after the bell sent exchange-traded funds tracking the S&P 500 and Nasdaq down about 1% each, suggesting Wall Street may open weaker on Friday. Mostly upbeat results from Facebook , Google-parent Alphabet and Amazon, along with Microsoft's strong report earlier this week, show how the largest U.S. companies have expanded their businesses and outperformed smaller rivals this year as the pandemic accelerates trends to.
Datafloq 10/29/2020 20:00
By Sheila Dang. (Reuters) - Twitter Inc. on Thursday added fewer users than Wall Street had expected and said a rise in expenses would accelerate in the fourth quarter, sending its shares tumbling 16%. The San Francisco-based social media company said it expected expenses to increase by close to 20% in the fourth quarter compared with a year ago due to an increase in investments. The company also cautioned that it was hard to predict how advertisers would react as the U.S. presidential election nears on Nov. 3. Shares of Twitter fell to $44.00 in after-market trading. Twitter said many companies paused ad spending during the second quarter due to widespread protests after the death of George Floyd in May ...
Datafloq 10/29/2020 14:00
STOCKHOLM (Reuters) - Electric vehicle maker Polestar, owned by Volvo Cars and its parent China's Geely, is recalling its new Polestar 2 cars for the second time in a month, it said on Thursday. The company, which made its last recall on Oct. 2 after several cars had lost power and stopped running, is recalling close to 4,600 vehicles due to a faulty component. "Polestar has initiated a voluntary safety recall and a service campaign that contains a number of updates for Polestar 2 vehicles," the firm said in statement. "The recall involves the replacement of faulty inverters on most delivered customer vehicles," Polestar said, adding the hardware updates can be done in a single workshop visit. The Sweden-based automaker started producing it.
Datafloq 10/29/2020 08:01
By Yingzhi Yang and Brenda Goh. BEIJING (Reuters) - Beijing-based ByteDance announced a standalone education technology (edtech) brand Dali for the Chinese market on Thursday, becoming another major tech player looking to capitalise on the sector's boom driven by the COVID-19 pandemic. Dali, meaning "forceful strength" in Chinese, will host all the education business of ByteDance and already has 10,000 employees, Dali Chief Executive Chen Lin told a press conference in Beijing. ByteDance founder and chief executive Zhang Yiming said in a statement: "We started to develop interests in the education industry very early on.
Datafloq 10/29/2020 08:00
STOCKHOLM/NEW YORK (Reuters) - Spotify Technology SA on Thursday added more subscribers in the third quarter than Wall Street had expected and forecast strong growth in the current quarter as more users tuned in to its streaming music service. With more than double the number of subscribers than its nearest rival Apple Music, Spotify has been expanding rapidly in markets across Europe after launching in India and the Middle East last year. Premium subscribers, which account for most of its revenue, were up 27% to 144 million from a year earlier.

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