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Zoom nearly doubles revenue forecast on remote-work boost, but costs rising

Technology News (Reuters) - Wed, 06/03/2020 - 02:09
Zoom Video Communications Inc nearly doubled its expectations for annual sales on Tuesday, driven by a surge in users as more people work from home and connect with friends online during coronavirus lockdowns.
Categories: Technology

Twitter names ex Google CFO Pichette as chair, Kordestani to stay on

Technology News (Reuters) - Wed, 06/03/2020 - 01:39
Twitter Inc on Tuesday appointed Patrick Pichette, a former chief financial officer at Google, as the social network's board chairman, marking the first time in Twitter's history that an outsider will preside over the group.
Categories: Technology

Google is sued in U.S. for tracking users' 'private' internet browsing

Technology News (Reuters) - Wed, 06/03/2020 - 00:09
Google was sued on Tuesday in a proposed class action accusing the internet search company of illegally invading the privacy of millions of users by tracking their internet use from browsers set in "private" browsing mode.
Categories: Technology

Use of battery power storage seen accelerating to 2030 and beyond: WoodMac

Technology News (Reuters) - Wed, 06/03/2020 - 00:06
The use of batteries for energy storage is expected to grow faster than that of other flexible assets in the period to 2030 and beyond, as renewable energy generation expands, consultancy Wood Mackenzie said in research published on Wednesday.
Categories: Technology

Europe's Gaia-X cloud computing platform takes shape

Technology News (Reuters) - Wed, 06/03/2020 - 00:03
A proposed European cloud computing platform that seeks to break the continent's reliance on Silicon Valley will take shape in the coming weeks when a group of 22 French and German companies set up a legal entity to run it.
Categories: Technology

Zoom doubles forecast for full-year revenue on remote-work boost

Technology News (Reuters) - Tue, 06/02/2020 - 23:41
Zoom Video Communications Inc nearly doubled its expectations for annual sales on Tuesday, driven by a surge in users as more people work from home and connect with friends online during coronavirus lockdowns.
Categories: Technology

Twitter names ex-Google CFO Patrick Pichette chairman

Technology News (Reuters) - Tue, 06/02/2020 - 23:38
Twitter Inc said on Tuesday that it appointed Patrick Pichette, former chief financial officer at Google, as chairman, replacing Omid Kordestani.
Categories: Technology

Lyft says May rides jump 26% from prior month

Technology News (Reuters) - Tue, 06/02/2020 - 23:31
Ride-hailing firm Lyft Inc said on Tuesday that rides on its platform rose 26% in May from the previous month helped by strong growth in cities where coronavirus-induced restrictions have been eased.
Categories: Technology

Medical journal concerned about validity of influential hydroxychloroquine study

Health News (Reuters) - Tue, 06/02/2020 - 23:30
British medical journal the Lancet on Tuesday said it had concerns about data behind an influential article that found hydroxychloroquine increased the risk of death in COVID-19 patients, a conclusion that undercut scientific interest in the medicine championed by U.S. President Donald Trump.
Categories: Health

U.S. FDA extends review of Novartis' multiple sclerosis drug

Health News (Reuters) - Tue, 06/02/2020 - 22:56
The U.S. Food and Drug Administration has extended the review period for Novartis AG's multiple sclerosis drug ofatumumab by three months, the company said on Tuesday.
Categories: Health

Reasonable to expect some coronavirus vaccine by year-end, Pentagon researcher says

Health News (Reuters) - Tue, 06/02/2020 - 22:16
A senior U.S. Army vaccine researcher said on Tuesday it was reasonable to expect that some sort of coronavirus vaccine could be available to part of the U.S. population by the end of the year.
Categories: Health

Reasonable to expect some coronavirus vaccine by year-end: Pentagon researcher

Health News (Reuters) - Tue, 06/02/2020 - 22:10
A senior U.S. Army vaccine researcher said on Tuesday it was reasonable to expect that some sort of coronavirus vaccine could be available to part of the U.S. population by the end of the year.
Categories: Health

TikTok has its Arab Spring moment as teen activism overtakes dance moves

Technology News (Reuters) - Tue, 06/02/2020 - 22:09
Just a few months ago, 17-year-old Taylor Cassidy was spending hours flailing her arms in an attempt to pick up the latest dance move the "Renegade."
Categories: Technology

Center for Democracy and Technology files lawsuit against Trump's executive order on social media

Technology News (Reuters) - Tue, 06/02/2020 - 22:08
The Washington-based Center for Democracy and Technology filed a lawsuit on Tuesday against U.S. President Donald Trump's executive order on social media, arguing it violates the First Amendment.
Categories: Technology

Advocacy group sues to block Trump social media executive order

Technology News (Reuters) - Tue, 06/02/2020 - 22:07
A Washington-based advocacy group on Tuesday asked a U.S. judge to invalidate an executive order on social media companies President Donald Trump signed last week claiming it violates the First Amendment.
Categories: Technology

Lancet says concerned about validity of widely-cited hydroxychloroquine study

Health News (Reuters) - Tue, 06/02/2020 - 22:05
The Lancet medical journal on Tuesday said "serious scientific questions" had been brought to its attention about the validity of the data behind a widely-cited study on the dangers of the use of the anti-malarial drug hydroxychloroquine in hospitalized patients with COVID-19.
Categories: Health

U.S. CDC reports total of 1.8 million coronavirus cases

Health News (Reuters) - Tue, 06/02/2020 - 21:48
The U.S. Centers for Disease Control and Prevention (CDC) on Tuesday reported a total of 1,802,470 cases of the new coronavirus, an increase of 14,790 cases from its previous count, and said that the number of deaths had risen by 761 to 105,157.
Categories: Health

Black and Asian people in England more likely to die from COVID-19, says report

Health News (Reuters) - Tue, 06/02/2020 - 21:27
Black and Asian people in England are up to 50% more likely to die after becoming infected with COVID-19, an official study said on Tuesday, putting pressure on the government to outline plans to protect the most at-risk communities.
Categories: Health

U.S. launches trade probe into digital taxes, plowing ground for new tariffs

Technology News (Reuters) - Tue, 06/02/2020 - 21:26
The United States is investigating digital services taxes being adopted or considered by Britain, Italy, Brazil and other countries, the U.S. Trade Representative's office said on Tuesday, a move that could lead to new punitive tariffs and heighten trade tensions.
Categories: Technology

Canadian telcos tap Ericsson, Nokia for 5G equipment amid Huawei uncertainty

Technology News (Reuters) - Tue, 06/02/2020 - 20:58
Bell Canada on Tuesday chose Sweden's Ericsson to be its 5G network equipment supplier, while smaller rival Telus Corp picked Ericsson and Finland's Nokia Oyj , with Huawei continuing to face an uncertain future in the country.
Categories: Technology
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