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Today โ€” May 27th 2019Reuters Technology News

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.

Google to invest euros in new data center in Finland: STT report

Google owner Alphabet Inc said it would invest 600 million euros ($672 million) in a new data center in Hamina, Finland, it said, according to a report by Finnish STT news agency on Monday.

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.

Japan to add IT, telecom sectors to foreign ownership restriction

Japan's government said on Monday it will add from August the information-technology and telecommunication sectors to a list of industries for which restrictions on foreign ownership of Japanese firms apply.

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.

Before yesterdayReuters Technology News

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.

Musk's SpaceX raised over $1 billion in six months: filings

Billionaire entrepreneur Elon Musk's SpaceX has raised more than $1 billion in financing in the last six months as it aims to roll out an ambitious high-speed internet service by using a constellation of satellites to beam signals from space.

At 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, a regulatory filing on Friday showed.

Slack registers 117 million shares for direct listing

Slack Technologies Inc, the owner of the workplace instant messaging app, said https://www.sec.gov/Archives/edgar/data/1764925/000162828019007058/slacks-1a2.htm on Monday it had registered about 117 million of its Class A shares, which is an estimate for the number of shares that will be needed when the stock begins to trade.

Global Payments nearing $20 billion deal to buy Total System: source

Payment technology company Global Payments Inc is nearing a deal to acquire peer Total System Services Inc (TSYS) for about $20 billion in an all-stock deal, a source familiar with the matter said on Friday.

South Korea orders further arrests at Samsung Electronics over accounting scandal

A South Korean court approved arrest warrants on Saturday for two executives at Samsung Electronics Co Ltd over their alleged roles in a suspected accounting fraud at the biotech arm of Samsung Group.

U.S. startup accuses Huawei executive of involvement in trade-secrets theft: Wall Street Journal

A Silicon Valley chip startup has accused a top executive of China's Huawei Technologies Co Ltd, Deputy Chairman Eric Xu, of participating in a conspiracy to steal its trade secrets, the Wall Street Journal reported on Wednesday, citing court documents.

Global Payments nearing $20 billion deal to buy Total System: CNBC

Payment technology company Global Payments Inc is nearing a deal to acquire peer Total System Services Inc for about $20 billion in an all-stock deal, CNBC reported on Friday, citing people familiar with the matter.

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.

Huawei handsets draw fewer clicks after U.S. ban: PriceSpy

Huawei handsets are drawing fewer clicks from online shoppers since the United States blacklisted the Chinese telecom company, according to PriceSpy, a product comparison site that attracts an average of 14 million visitors per month.

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