Technology News

Reddit co-founder Ohanian resigns from board, wants a black candidate to take over

FILE PHOTO: Tennis – Wimbledon – All England Lawn Tennis and Croquet Club, London, Britain – July 8, 2019 Alexis Ohanian in attendance for the fourth round match between Serena Williams of the U.S. and Spain’s Carla Suarez Navarro REUTERS/Tony O’Brien – RC1EBFF660D0

(Reuters) – Reddit co-founder Alexis Ohanian said on Friday he has resigned from the board and sought to be replaced with a black candidate at the social network company.

The death of an unarmed African American, George Floyd, at the hands of police has triggered protests in the United States against racism and police brutality, while also reigniting the debate of diversity in America’s corporate boardrooms.

Many protesters and organizers in recent days have also sought to transform the outrage over Floyd’s death into a renewed civil rights movement, demanding reforms to America’s criminal justice system.

Internet entrepreneur Ohanian, who is married to American tennis player Serena

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Chinese online tutor Zuoyebang seeks $600-$800 million at $6.5 billion valuation: sources

BEIJING/HONG KONG (Reuters) – Online tutoring start-up Zuoyebang is in talks to raise $600-800 million in a new funding round as the coronavirus pandemic encourages investor interest in education technology, two sources with direct knowledge of the deal told Reuters.

The five-year-old Chinese company is valued at $6.5 billion prior to the investment, the sources, who spoke about Zuoyebang’s plans on condition of anonymity, said, adding that the talks were fluid and subject to market fluctuations.

A spokesman told Reuters that the information was not accurate, but declined to provide further details. He said Zuoyebang had “kept good contacts” with capital markets.

Students in China can upload their homework questions and search for answers on Zuoyebang’s platform, which uses artificial intelligence.

Education technology, known as “edtech”, has been one of the few sectors to be boosted by the coronavirus pandemic as schools were shut and students were asked to take

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Singapore plans wearable virus-tracing device for all

SINGAPORE (Reuters) – Singapore plans to give a wearable device that will identify people who had interacted with carriers of coronavirus to each of its 5.7 million residents, in what could become one of the most comprehensive contact-tracing efforts globally.

FILE PHOTO: People cross a street during morning peak hour commute amid the coronavirus disease (COVID-19) outbreak in Singapore June 3, 2020. REUTERS/Edgar Su

Testing of the small devices, which can be worn on the end of a lanyard or carried in a handbag, follows limited take-up of an earlier smartphone-based system and has further fuelled privacy concerns about contact tracing technology.

The tiny city-state, with one of the highest COVID-19 caseloads in Asia, is one of many countries trying to use technology to allow them to safely reopen their economies.

Singapore will soon roll out the device, which does not depend on a smartphone, and “may then distribute it

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Facebook to apply state media labels on Russian, Chinese outlets

SAN FRANCISCO (Reuters) – Facebook Inc (FB.O) will start labeling Russian, Chinese and other state-controlled media organizations, and later this summer will block any ads from such outlets that target U.S. users, it said on Thursday.

FILE PHOTO: A Facebook sign is seen at the second China International Import Expo (CIIE) in Shanghai, China November 6, 2019. REUTERS/Aly Song

The world’s biggest social network will apply the label to Russia’s Sputnik, Iran’s Press TV and China’s Xinhua News, according to a partial list Facebook provided. The company will apply the label to about 200 pages at the outset.

Facebook will not label any U.S.-based news organizations, as it determined that even U.S. government-run outlets have editorial independence, Nathaniel Gleicher, Facebook’s head of cybersecurity policy, said in an interview.

Facebook, which has acknowledged its failure to stop Russian use of its platforms to interfere in the 2016 U.S. presidential

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