Technology

Amazon to suspend delivery service competing with UPS, FedEx

Amazon.com Inc will suspend a delivery service that aims to compete with UPS and FedEx in the United States.

Technology

Boeing making new 737 MAX software updates to address computer issue

Boeing Co said late on Tuesday it will make two new software updates to the 737 MAX’s flight control computer as it works to win regulatory approval to resume flights after the jet was grounded following two fatal crashes in five months.

Technology

Amazon to suspend delivery service competing with UPS, FedEx: WSJ

Amazon.com Inc has put on hold a new delivery service that competes with UPS and FedEx, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

Technology

Jack Dorsey pledges $1 billion of his Square stake for COVID-19 relief efforts

Twitter Inc Chief Executive Officer Jack Dorsey on Tuesday pledged $1 billion of his stake in Square Inc , the payments processor that he co-founded and heads, to help fund relief efforts related to the coronavirus pandemic.

Technology

Jack Dorsey pledges $1 billion of his Square equity for COVID-19 relief efforts

Square Inc and Twitter Inc chief executive officer Jack Dorsey said on Tuesday that he pledged $1 billion of his equity in the payments processor toward efforts aimed at fighting the coronavirus outbreak.

Technology

California allows startup Nuro to test driverless delivery vehicles

California’s Department of Motor Vehicles on Tuesday authorized autonomous technology startup Nuro to test two driverless delivery vehicles in nine cities, a decision that comes as coronavirus concerns lock down many in the state.

Technology

BlackRock’s Aladdin investment management platform to be hosted on Microsoft’s cloud

BlackRock Inc, the world’s largest asset manager, has partnered with Microsoft Corp to have its Aladdin investment and risk management system hosted on the Microsoft Azure cloud platform, the companies said on Tuesday.

Technology

WeWork sues SoftBank for dropping $3 billion tender offer

A WeWork board committee that negotiated a $3 billion tender offer with SoftBank Group sued the Japanese conglomerate on Tuesday for abandoning the deal, accusing it of succumbing to “buyer’s remorse” amid the novel coronavirus outbreak.

Technology

Netflix rolls out more features for parental control globally

Netflix Inc on Tuesday rolled out a number of features for parental control on its streaming platform, including options to filter out select titles and review what children are watching.

Technology

Robots replace Japanese students at graduation amid coronavirus

Spring graduation ceremonies in Japan have been cancelled because of the coronavirus pandemic, but students at one school were able to attend remotely by controlling avatar robots while logged on at home.

Technology

Facebook launches new chat app for couples

Facebook Inc on Tuesday launched a new social app for couples called “Tuned” that allows partners to chat, share photos, music and have a timeline of shared memories between them.

Technology

Video service Zoom taking security seriously: U.S. government memo

Video conferencing company Zoom has been responsive to concerns over its software, the U.S. Department of Homeland Security (DHS) said in a memo recently distributed to top government cybersecurity officials and seen by Reuters.

Technology

Mobile-only Quibi sees more than 300,000 downloads on launch day: Sensor Tower

Mobile-only streaming service Quibi racked up more than 300,000 downloads on its launch day, industry site Sensor Tower said on Tuesday, as stay-at-home viewers lapped up its short films starring Hollywood A-listers.

Technology

Huawei laments U.S. plans to crimp its global chip supply

A Huawei Technologies Co Ltd [HWT.UL] executive on Tuesday described as “unfortunate” plans by the U.S. government to curb the Chinese telecom equipment maker’s access to global chip supplies.

Technology

Gamers check back in to Habbo Hotel as coronavirus refuge

Habbo Hotel, a hit online networking game more than a decade ago, is drawing back hundreds of thousand of players as locked-down millennials look to rediscover a childhood favourite, its Finnish maker said.

Technology

WeWork sues SoftBank after $3-billion tender offer falls through

WeWork’s owner, The We Company, has sued SoftBank Group , challenging its largest shareholder’s decision to terminate a $3 billion tender offer for shares in the office-space sharing firm.

Technology

Uber suspends services in several parts of Saudi Arabia

Uber said on Tuesday it was temporarily halting its services in several Saudi cities and governorates after a round-the-clock curfew was announced to limit the spread of the coronavirus.

Technology

U.S.-Israeli cybersecurity firm CyberMDX raises $20 million

U.S.-Israeli CyberMDX, a healthcare cybersecurity provider, said on Tuesday it raised $20 million in funding, bringing its fundraising total to $30 million.

Technology

Germany launches smartwatch app to monitor coronavirus spread

Germany’s public health authority launched a smartwatch app on Tuesday in partnership with healthtech startup Thryve to help monitor the spread of COVID-19 and analyse whether measures to contain the novel coronavirus pandemic are working.

Technology

WeWork special committee files lawsuit against SoftBank after tender offer falls through

The special committee on the board of The We Company, which operates office-sharing startup WeWork, filed a lawsuit against its largest shareholder SoftBank Group Corp on Tuesday, challenging its decision to terminate a $3-billion tender offer.

Technology

In a first, China knocks U.S. from top spot in global patent race

China was the biggest source of applications for international patents in the world last year, pushing the United States out of the top spot it has held since the global system was set up more than 40 years ago, the U.N. patent agency said on Tuesday.

Technology

Taiwan tells agencies not to use Zoom on security grounds

Taiwan’s cabinet has told government agencies to stop using Zoom Video Communications Inc’s conferencing app, the latest blow to the company as it battles criticism of its booming platform over privacy and security.

Technology

Analytics firm Glassbox raises $40 million, brings total raised to $70 million

Glassbox, which has developed an analytics platform aimed at improving user experiences on web and mobile applications, said on Tuesday it has raised $40 million in a funding round led by Brighton Park Capital.

Technology

Online meal delivery firms knocked off course by coronavirus crisis

The lockdown of millions of people at home across the globe due to the coronavirus should have been the perfect recipe for success for the burgeoning online meal delivery market.

Technology

Early Asia tech results signal slow recovery after virus battering

Smartphone sales in China are rising again as COVID-19 cases there decline and global demand for chips used in work-from-home networks is surging, positioning Asian tech firms for a slow but steady recovery, their early quarterly report cards showed.