technologyNews

Facebook to build housing in Silicon Valley for first time

SAN FRANCISCO (Reuters) - The shortage of housing in California's Silicon Valley has gotten so severe that Facebook Inc on Friday proposed taking homebuilding into its own hands for the first time with a plan to construct 1,500 units near its headquarters.

U.S. Energy Department helping power firms defend against cyber attacks

(Reuters) - The U.S. Department of Energy said on Friday it is helping U.S. firms defend against a hacking campaign that targeted power companies including at least one nuclear plant, saying the attacks have not impacted electricity generation or the grid.

Apple challenges Imagination Technologies' disclosure timing

(Reuters) - Apple Inc on Friday disputed the timeline of events leading up the disclosure by Imagination Technologies Group Plc that Apple plans to drop the graphics chip supplier, a loss of the UK company's largest customer that sent shares plummeting.

Tesla third-quarter deliveries to include 3,500 vehicles in transit

(Reuters) - Tesla Inc said current-quarter deliveries would include about 3,500 vehicles that were in transit to customers at the end of the second quarter, on a day the electric-car maker's first Model 3 rolls off the assembly line.

Amazon cornered Whole Foods into not seeking more bids, filing shows

(Reuters) - Amazon.com Inc told Whole Foods Market Inc it would not engage in a sale process for the U.S. grocer that involved other bidders, a regulatory filing showed on Friday, shedding new light on the $13.7 billion acquisition.

Germany says cyber threat greater than expected, more firms affected

HAMBURG (Reuters) - Germany's BSI federal cyber agency said on Friday that the threat posed to German firms by recent cyber attacks launched via a Ukrainian auditing software was greater than expected, and some German firms had seen production halted for over a week.

Facebook meets Pakistan government after blasphemy death sentence

ISLAMABAD (Reuters) - A senior Facebook official met with Pakistan's interior minister on Friday to discuss a demand the company prevent blasphemous content or be blocked.

Tencent to launch mega-hit game in U.S., EU amid regulatory chill in China

BEIJING (Reuters) - Chinese gaming giant Tencent Holdings Ltd will launch its mega-hit smartphone game "Honour of Kings" in the EU and United States this year, a person familiar with the plans said, amid a backlash in China over its addictive features.

Toshiba under pressure to consider 'Plan B' as chip sale falters: sources

TOKYO (Reuters) - As the $18 billion sale of Toshiba Corp's memory chip unit to a government-approved consortium falters, some bankers and potential investors are pressing the board to seriously consider alternatives, people with direct knowledge of the sale process said - including picking a new buyer.

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