UBS announced a net profit of $1.4 billion for the second quarter of 2019.Earningsread more
Japan and South Korea are part of a complex and tightly linked supply chain that produces electronic goods such as smartphones and laptops.Technologyread more
Michael Kugelman from the U.S.-based Wilson Center says other issues take precedence in the bilateral dialogue between the United States and Pakistan — namely, Afghanistan and...Asia Politicsread more
Beijing says it can still meet its 2019 growth target of between 6% and 6.5% and continues to roll out stimulus measures to prop up activity. China set a 2019 industrial...China Economyread more
A different oil pricing dynamic has been evolving with new supply calculations based on the U.S. as the world's largest producer.Market Insiderread more
The Massachusetts senator's alarm-sounding on consumer debt neglects to measure it against the growth in the economy and the ability to pay.Economyread more
Stocks in Asia Pacific edged up on Tuesday, as investors await closely-watched central bank meetings in the coming days.Asia Marketsread more
More than half of Venezuela's 23 states lost power on Monday, according to Reuters witnesses and reports on social media, a blackout the government blamed on an...World Politicsread more
Equifax will give consumers a range of options for monitoring their credit or making claims of fraud or data misuse, part of a $425 million restitution fund.Technologyread more
The deal between the White House and Democrats was earlier expected to raise the debt ceiling for two years and permanently end the sequester.Politicsread more
Britain's Antstream is jumping into the cloud gaming battle with a streaming platform for retro titles. And Tencent just backed the company.Technologyread more
(Corrects headline to read $480 mln, not $450 mln.)
SAN FRANCISCO, Feb 22 (Reuters) - Several Microsoft Corp employees on Friday demanded that the company cancel a $480 million hardware contract with the U.S. Army and stop developing "any and all weapons technologies."
The organizing effort, described to Reuters by three Microsoft workers, offers the latest example in the last year of tech employees protesting cooperation with governments on emerging technologies.
Microsoft won a contract in November to supply the Army with at least 2,500 prototypes of augmented reality headsets, which digitally displays contextual information in front of a user's eyes. The government has said the devices would be used on the battlefield and in training to improve soldiers "lethality, mobility and situational awareness."
In a petition to Microsoft executives, posted on Twitter, workers said they "did not sign up to develop weapons, and we demand a say in how our work is used." They called on the company to develop "a public-facing acceptable use policy" for its technology and an external review board to publicly enforce it.
Microsoft and the U.S. Army did not immediately respond to requests to comment. Company President Brad Smith said in an October blog post it remained committed to assisting the military.
"We'll engage not only actively but proactively across the U.S. government to advocate for policies and laws that will ensure that AI and other new technologies are used responsibly and ethically," Smith wrote.
Though many governments want to better draw upon the expertise of the biggest U.S. tech companies, fresh employee resistance has added a new challenge to already complicated relationships.
Worker pushback led Alphabet Inc last year to announce it would not renew a Pentagon contract in which its artificial intelligence technology is used to analyze drone imagery.
In other cases, employee criticism has invited greater public scrutiny to deals, such as $10 billion cloud computing contract yet to be awarded and various contracts with U.S. Immigration and Customs Enforcement.
One Microsoft worker, speaking on condition of anonymity, said it was unclear whether any of the lead petitioners' work touches the Army contract because the company's services are intertwined. Another said several organizers work in the company's cloud computing division, which is competing with rivals Google Cloud and Amazon Web Services to gain more government work. (Reporting by Paresh Dave; Editing by Richard Chang)