Technology

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  1. Samsung Electronics Co Ltd said on Friday it has named a non-executive director as board chairman for the first time, to increase transparency and independence.
  2. Telus Corp could cut 5,000 jobs and C$1 billion in investments over the next five years if the Canadian telecom operator is forced to slash prices by 25% or open its network to wireless resellers, The Globe and Mail reported https://tgam.ca/39JGaRY on Thursday.
  3. Colombia has launched a process to charge Novator Partners 42 billion pesos ($12.3 million) after the British company pulled out of a 10 mega hertz (MHz) block it was awarded in the 2,500 Mhz bandwidth spectrum of a December auction.
  4. T-Mobile US and Sprint Corp said on Thursday that they had agreed on new merger terms that would reduce the stake of major Sprint shareholder SoftBank, while leaving the offer to other shareholders unchanged.
  5. New Mexico Attorney General Hector Balderas on Thursday sued Alphabet Inc's Google search engine, alleging that its educational software collects young students' personal information without the required parental consent.
  6. Dropbox Inc on Thursday reported a better-than-expected quarterly profit, raised its outlook for operating margin and announced a $600 million share buyback, sending its shares up 11% in trading after the bell.
  7. The goal of Lual Mayen's video game is to survive the horrific ordeal of a refugee, an experience that his family knows well, but the 25-year-old developer's ambition is to change the world.
  8. Tesla Inc got approval from a German court on Thursday to continue to cut down forest near the capital Berlin to build its first European car and battery factory, in a defeat for local environmental activists.
  9. Apple has become embroiled in a publishing row in Germany after it tried to halt sales of a book written by a former executive, saying it disclosed secrets about the App Store.
  10. Alphabet Inc-owned Google's $2.1 billion bid for fitness trackers company Fitbit could pose privacy risks, the European Data Protection Board (EDPB) warned on Thursday, adding its voice to other critics of the deal.
  11. AT&T Inc's WarnerMedia has expanded its partnership with Alphabet Inc's Youtube TV to feature its upcoming streaming service HBOMax, as well as content from HBO and Cinemax, the companies said https://bit.ly/38LpRnE on Thursday.
  12. Uber Technologies Inc resumed transporting passengers in Colombia on Thursday with a new service model that allows users to rent cars with drivers, just 20 days after it exited the Andean country following a ruling by regulators which the company described as arbitrary.
  13. China's Huawei said on Thursday the coronavirus outbreak would not affect the supply of 5G telecoms equipment to its customers after its factories resumed production.
  14. Britain and the United States joined Georgia on Thursday in blaming Russia for a large-scale cyber attack last year that knocked thousands of Georgian websites offline and disrupted national television broadcasts.
  15. Sweden's Riksbank said on Wednesday it had begun testing an e-krona, taking the country a step closer to the creation of the world's first central bank digital currency (CBDC).
  16. Israeli software testing firm Qualitest is aiming for sales of $1 billion in five years and plans to make acquisitions to reach that goal, CEO Norm Merritt said.
  17. Microsoft Chief Executive Satya Nadella said the technology giant will invest $1.1 billion in Mexico over the next five years, according to a promotional video released by the Mexican government on Thursday.
  18. Kenya's biggest telecoms operator Safaricom will consider awarding a contract to China's Huawei as it rolls out its fifth generation (5G) network this year, its acting chief executive said on Wednesday.
  19. South Korean chipmaker SK Hynix said on Thursday that 800 of its workers had quarantined themselves as a precautionary measure to prevent the spread of the coronavirus, but its production in the city of Icheon has not been affected.
  20. Wix.com, which helps small businesses build and operate websites, reported a smaller-than-expected decline in fourth-quarter net profit and forecast a revenue rise of about 25% this year to nearly $1 billion as it expands into the professional web creator market.