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Reuters Technology
Sep 24, 2018

Tesla is making its own car carriers
Tesla Inc is building its own car carriers, as the electric carmaker faces vehicle distribution problems.

Reuters Technology
Sep 24, 2018

Avvo settles New York probe, to reform lawyer ratings
New York's attorney general on Monday said the lawyer review website Avvo agreed to reform its rating system and improve disclosures after a probe revealed shortcomings in how it presented information to consumers seeking to hire lawyers.

Reuters Technology
Sep 24, 2018

Walmart, Sam's Club to put food products on blockchain
Walmart and its unit Sam's Club said on Monday leafy greens suppliers will be asked to implement real-time, farm-to-store tracking using blockchain technology by next September, as the retailer tackles food-safety incidents.

Reuters Technology
Sep 24, 2018

UK watchdog considers fining Tesco Bank over cyberattack: Sky News
Britain's finance watchdog is considering fining the banking arm of Tesco Plc more than 30 million pounds ($39 million) over a 2016 cyberattack, Sky News reported on Monday.

Reuters Technology
Sep 24, 2018

Snapchat ties up with Amazon for point-and-buy
Snap Inc said on Monday it is testing a new way to search for products on Amazon.com through its Snapchat app's camera, allowing users to shop directly using the messaging app.

Reuters Technology
Sep 24, 2018

Facebook not protecting content moderators from mental trauma: lawsuit
A former Facebook contract employee has lodged a suit against the company, alleging that content moderators who face mental trauma after reviewing distressing images on the platform are not being properly protected by the social networking giant.

Reuters Technology
Sep 24, 2018

Apple completes deal to buy Shazam
Apple Inc has completed the acquisition of music discovery app Shazam, it said on Monday, weeks after the European Union approved the deal.

Reuters Technology
Sep 24, 2018

Ride-hailing firm Careem purchases Commut app
United Arab Emirates-based ride-hailing app Careem said on Monday it has acquired Commut, the Hyderabad-based mass transportation app.

Reuters Technology
Sep 24, 2018

Facebook picks chief of Hotstar streaming service as India head
Facebook has poached the head of Indian video streaming service Hotstar to take on the newly-created role of managing director of its Indian operations, as the social media giant faces pressure to tackle fake news and store more data locally.

Reuters Technology
Sep 24, 2018

Uber's strongest growth comes in depressed Argentina -- minus commissions
Uber's fastest-growing market in the world is now Argentina, company executives say, attributing the expansion to the nation's sudden economic unraveling, which has boosted unemployment and sliced the purchasing power of Argentines.

Reuters Technology
Sep 24, 2018

SAP, Microsoft and Adobe announce data alliance
Business software companies SAP, Microsoft and Adobe said on Monday they were forming a data alliance that will make it easier for clients running their applications to get a better overview of the customer.

Reuters Technology
Sep 24, 2018

Apple, Salesforce team up to bring Siri to more business apps
Apple Inc and Salesforce.com Inc are entering a partnership in which the iPhone maker will help Salesforce build the iPhone maker's features such as its Siri voice assistant deeper into Salesforce's own mobile apps, which are widely used in the sales and marketing industries.

Reuters Technology
Sep 24, 2018

T-Mobile revamps prepaid brand to spruce up image
T-Mobile US Inc said Monday it is renaming its prepaid brand to Metro by T-Mobile and adding two new unlimited phone plans that will include perks like Google One cloud storage and Amazon Prime, in an effort to remove the perception that prepaid plans have subpar service.

Reuters Technology
Sep 24, 2018

Facebook names Indian streaming service Hotstar's CEO as its India head
Facebook Inc has named Ajit Mohan into the newly created role of managing director of its Indian operations, the social media giant said on Monday.

Reuters Technology
Sep 24, 2018

Ride-hailing firm Careem enters India with Commut app purchase
United Arab Emirates-based ride-hailing app Careem has acquired Commut, the Hyderabad-based mass transportation app, marking its entry into India, the firm said on Monday.

Reuters Technology
Sep 24, 2018

Singapore fines Grab and Uber, imposes measures to open up market
Singapore slapped ride-hailing firms Grab and Uber with fines and finalised restrictions to open up the market to competitors after concluding that their merger in March has driven up prices.

Reuters Technology
Sep 24, 2018

The night a Chinese billionaire was accused of rape in Minnesota
With the Chinese billionaire Richard Liu at her Minneapolis area apartment, a 21-year-old University of Minnesota student sent a WeChat message to a friend in the middle of the night. She wrote that Liu had forced her to have sex with him.

Reuters Technology
Sep 24, 2018

Home modems, routers hit by U.S. China tariffs as 'smart' tech goods escape
U.S. tariffs that hit some $200 billion worth of Chinese products on Monday spare many high-profile consumer technology items such as "smart" watches and speakers, but the less flashy home modems, routers and internet gateways that make them work weren't so lucky.

Reuters Technology
Sep 24, 2018

Singapore competition watchdog fines Grab, Uber $9.5 million over merger
Singapore's anti-trust watchdog fined ride-hailing firms Grab and Uber a combined S$13 million ($9.5 million) over their merger deal, and ordered Uber to sell vehicles from its local leasing business to any rival that makes a reasonable offer.

Reuters Technology
Sep 23, 2018

Singapore competition watchdog fines Grab, Uber $9.5 million
Singapore's competition watchdog fined ride-hailing firms Grab and Uber Technologies a total S$13 million ($9.5 million) and announced other measures to address competition concerns arising from the two companies' merger in the city-state.

Reuters Technology
Sep 23, 2018

India's Flipkart may appoint new group CEO in place of Binny Bansal: Mint
Walmart Inc's Flipkart unit is considering naming a new chief executive officer (CEO) at the group level in place of Binny Bansal, the Mint daily reported on Monday, citing two people familiar with the matter.

Reuters Technology
Sep 23, 2018

Key companies to attend White House quantum computing meeting
The White House will hold a meeting on Monday on U.S. government efforts to boost quantum information science, with administration officials, leading companies including Alphabet Inc, IBM Corp, JPMorgan Chase & Co and academic experts taking part.

Reuters Technology
Sep 23, 2018

Global spending on digital marketing nears $100 billion: study
Spending on digital marketing grew by 44 percent last year in the United States and Britain to $52 billion, a study has found, estimating that global outlays on such tactics are approaching $100 billion.

Reuters Technology
Sep 23, 2018

Global advertising expenditure to grow 4.5 percent in 2018: Zenith
Global advertising expenditure is predicted to reach $581 billion at the end of 2018, with most of the growth coming from sponsored content in search engines and social media ads, according to industry forecaster Zenith.

Reuters Technology
Sep 23, 2018

Dell revisits IPO option amid tracking stock deal pushback -sources
Dell Technologies Inc is exploring an initial public offering (IPO) after shelving this option earlier this year in favor of going public by buying back a special type of stock from investors, people familiar with the matter said on Sunday.

Reuters Technology
Sep 23, 2018

Dell to interview banks for IPO instead of acquisition: WSJ
Dell Technologies Inc plans to interview banks this week to potentially go public through an initial public offering rather than doing so through a proposed acquisition that has drawn resistance from some investors, the Wall Street Journal reported on Sunday.

Reuters Technology
Sep 23, 2018

Siemens CEO pushes plans to boost Iraqi power infrastructure
Siemens said its boss Joe Kaeser met Iraq's prime minister on Sunday to discuss a proposal by the German company to expand the Middle East nation's power production.

Reuters Technology
Sep 23, 2018

Siemens nears multi-billion euro deal in Iraq: Handelsblatt
German engineering group Siemens is working on a deal worth up to 9 billion euros ($10.6 billion) to supply energy generation technology to Iraq, business daily Handelsblatt reported, citing government and industry sources.

Reuters Technology
Sep 23, 2018

Asian firms shuffle production around the region as China tariffs hit
A growing number of Asian manufacturers of products ranging from memory chips to machines tools are moving to shift production from China to other factories in the region in the wake of U.S. President Donald Trump's tariffs on Chinese imports.

Reuters Technology
Sep 22, 2018

China shuts thousands of websites in clean-up campaign: Xinhua
China has shut down more than 4,000 websites and online accounts in a three-month campaign against "harmful" online information, the official Xinhua news agency said on Saturday, citing the country's illegal publication watchdog.

Reuters Technology
Sep 22, 2018

White House draft order directs probes into tech giants: Bloomberg
The White House has drafted an executive order that would push federal antitrust and law enforcement agencies to probe the business practices of social media and other internet companies, according to Bloomberg.

Reuters Technology
Sep 21, 2018

Google CEO Sundar Pichai denies efforts to tweak search results: Axios
Google's Chief Executive Sundar Pichai denied reports of efforts to politically bias the company's internet search results, Axios reported on Friday citing a memo.

Reuters Technology
Sep 21, 2018

As new iPhones go on sale, studies reveal chips from Intel and Toshiba
Apple Inc's latest iPhones hit stores around the world on Friday, featuring components made by Intel Corp and Toshiba among others, according to two firms that cracked open the iPhone Xs and Xs Max models.

Reuters Technology
Sep 21, 2018

FCC chairman ramps up defense of net neutrality repeal
With a federal appeals court preparing to consider the Trump administration's reversal of Obama-era U.S. net neutrality regulations, the chairman of the Federal Communications Commission is ramping up his defense of the decision.

Reuters Technology
Sep 21, 2018

Comcast and Fox take $34 billion battle for Britain's Sky to the wire
Comcast and Twenty-First Century Fox face a quick-fire auction for British broadcaster Sky on Saturday after neither side backed down in a drawn-out $34 billion battle.

Reuters Technology
Sep 21, 2018

Dissected new iPhones reveal Intel, Micron, Toshiba parts
Apple Inc's latest iPhones use components made by Intel Corp , Micron Technology and Toshiba among others, according to a firm that cracked open iPhone XS and XS Max.

Reuters Technology
Sep 21, 2018

Chinese police arrest 21 over data theft at Alibaba's delivery arm: Xinhua
Chinese police on Friday arrested 21 suspects in connection with the theft of customer information from Alibaba Group Holding's logistics affiliate Cainiao Network, state news agency Xinhua reported.

Reuters Technology
Sep 21, 2018

The artist as an algorithm: robot-made Rembrandt for sale
Robots can do many of the jobs previously performed by humans, but could they ever replace artists?

Reuters Technology
Sep 21, 2018

Google tweaks privacy policy for Indian payment app after rival complaint
Google has tweaked the privacy policy of its Indian digital payments mobile application, days after local rival Paytm complained that the U.S. tech giant's platform allowed disclosure of customer data for advertising and other purposes.

Reuters Technology
Sep 21, 2018

Dissected new iPhones reveal Micron, Toshiba parts
Apple Inc's latest iPhones use components made by Micron Technology and Toshiba among others, according to a firm that cracked open iPhone XS and XS Max.

Reuters Technology
Sep 21, 2018

U.S. Justice Department may delay meeting on possible social media bias: source
The Justice Department is considering delaying a meeting with state attorneys general planned for next week to discuss concerns about conservative voices being stifled on social media, according to a person familiar with the discussions.

Reuters Technology
Sep 21, 2018

U.S. Justice Department may delay state AG meeting relating to social media: source
The Justice Department is considering delaying a meeting with state attorneys general planned for next week to discuss concerns about conservative voices being stifled on social media, according to a person familiar with the discussions.

Reuters Technology
Sep 21, 2018

Micron, Toshiba chips in new iPhones: iFixit
A teardown of Apple Inc's latest iPhones revealed chips from Micron Technology and Toshiba among others in the devices while there was no mention of Samsung , according to gadget repair firm iFixit.

Reuters Technology
Sep 21, 2018

Switzerland tries to stem blockchain exodus by improving access to banks
In an effort to maintain its status as a cryptocurrency hub, Switzerland has taken steps to help blockchain companies access the traditional financial system by making it easier for them to open corporate bank accounts.

Reuters Technology
Sep 21, 2018

Farfetch tops price range in IPO in boon to luxury market
Farfetch priced its shares above its targeted range on Friday in a New York flotation that values the online luxury retailer at over $5.8 billion and underscores how big a bet web sales have become for high-end brands.

Reuters Technology
Sep 21, 2018

A call to the boss: Indonesia contends with aggressive Chinese online lenders
Indonesian authorities have generally opened their arms to fintech companies offering online loans in Southeast Asia's biggest economy, viewing them as a way of getting credit to tens of millions of people often unable to access bank lending.

Reuters Technology
Sep 20, 2018

Google staff discussed tweaking search results to counter travel ban: WSJ
Google employees brainstormed ways to alter search functions to counter the Trump administration's controversial 2017 travel ban, the Wall Street Journal reported on Thursday, citing internal emails.

Reuters Technology
Sep 20, 2018

Facebook to drop on-site support for political campaigns
Facebook Inc said on Thursday that it would no longer dispatch employees to the offices of political campaigns to offer support ahead of elections, as it did with U.S. President Donald Trump in the 2016 race.

Reuters Technology
Sep 20, 2018

NY court overturns $115 million patent judgment against Samsung
The New York State Court of Appeals on Thursday overturned a $115 million judgment against Samsung Electronics Co Ltd over television patents.

Reuters Technology
Sep 20, 2018

Uber in talks to buy food delivery firm Deliveroo: Bloomberg
Ride-hailing company Uber Technologies Inc [UBER.UL] is in early talks to buy food delivery company Deliveroo, Bloomberg reported on Thursday, citing people familiar with the matter.

Reuters Technology
Sep 20, 2018

White House pledges to step up cyber offense on hackers
The White House warned foreign hackers on Thursday it will increase offensive measures as part of a new national cyber security strategy.

Reuters Technology
Sep 20, 2018

Cryptocurrency has hit bottom, bitcoin due for renaissance: Novogratz
Michael Novogratz, former macro hedge fund manager and founder of cryptocurrency asset management firm Galaxy Digital Capital Management, on Thursday said that the bottom in cryptocurrency prices has been reached and bitcoin is due to bounce back.

Reuters Technology
Sep 20, 2018

Amazon adds Echo devices for home and car in bid to dominate voice gadgets
Amazon.com Inc on Thursday introduced a dozen new Echo speakers and related gadgets in a bid to stay ahead of rivals Apple Inc and Alphabet Inc's Google in the nascent category for voice-controlled devices.

Reuters Technology
Sep 20, 2018

Amazon adds new Echo devices in bid to dominate voice gadgets
Amazon.com Inc on Thursday introduced new Echo devices with more powerful audio in a bid to stay ahead of rivals Apple Inc and Alphabet Inc's Google in the nascent category for voice-controlled gadgets.

Reuters Technology
Sep 20, 2018

Google defends Gmail data sharing, gives few details on violations
Alphabet Inc's Google defended how it polices third-party add-ons for Gmail in a letter to U.S. senators made public on Thursday, saying that upfront review catches the "majority" of bad actors.

Reuters Technology
Sep 20, 2018

Britain preparing to set up internet regulator: Buzzfeed
The UK government is working on plans to set up an internet regulator, Buzzfeed News reported on Thursday.

Reuters Technology
Sep 20, 2018

Vodafone to roll out 1,000 5G sites in UK by 2020
Vodafone said it would have 1,000 5G-enabled network sites in Britain by 2020, delivering blisteringly fast speeds and near-instant response times that it demonstrated by making Britain's first holographic mobile call on Thursday.

Reuters Technology
Sep 20, 2018

Google tells Congress it continues to allow developers to scan, share Gmail data
Alphabet Inc's Google told U.S. senators that the company continues to allow developers to scan and share data from Gmail accounts, according to a letter made public Thursday.

Reuters Technology
Sep 20, 2018

Peugeot urges France to revive incentives for hybrids
PSA Group is pressing the French government to revive sales incentives on rechargeable hybrid vehicles as it rolls out plug-in versions of its larger models to meet tightening European emissions rules, the carmaker said on Thursday. Automakers are rushing to deploy electric cars and hybrids, which combine battery power with a combustion engine, to meet EU carbon dioxide limits and avoid hefty fines.

Reuters Technology
Sep 20, 2018

Samsung plans to lower memory chip growth as demand slowdown looms: Bloomberg
Samsung Electronics Co Ltd is planning to curb growth in memory chip output next year to keep supplies tight amid an expected slowdown in demand, Bloomberg reported on Thursday, citing people briefed on the matter.

Reuters Technology
Sep 20, 2018

S&P sector reshuffle may do little for telecom stocks
The S&P 500's three-company telecommunications services index is about to be folded into a much higher-profile group, but a brighter spotlight may not be enough to boost the stocks as investors continue to favor growth sectors.

Reuters Technology
Sep 20, 2018

Turkey fines Google for violating competition law
Turkey's competition authority said on Thursday it had fined Google some 93 million Turkish lira ($15 million) for violating competition laws with its mobile software sales.

Reuters Technology
Sep 20, 2018

Tesla Model 3 gets 5-star rating from U.S. safety agency
Tesla Inc's Model 3 sedan has been awarded a five-star rating by the U.S. auto safety agency NHTSA in tests that are standard for cars in the United States.

Reuters Technology
Sep 20, 2018

Samsung plans to lower memory chip growth on expected demand slowdown: Bbg
Samsung Electronics Co Ltd is planning to lower memory chip growth output next year to keep supplies tight amid an expected slowdown in demand, Bloomberg reported on Thursday, citing people briefed on the matter.

Reuters Technology
Sep 20, 2018

Vodafone UK boss sees no changes to UK network assets under new CEO
The new chief executive of Vodafone is not considering making any changes to the mobile phone group's CTIL Tower Infrastructure joint venture with Telefonica, Vodafone UK boss Nick Jeffery told reporters on Thursday.

Reuters Technology
Sep 20, 2018

Tencent-backed Meituan climbs 5 percent on debut, brightens outlook for HK IPOs
Meituan Dianping rose 5 percent on debut in Hong Kong on Thursday, valuing the Chinese online food delivery-to-ticketing services firm at about $55 billion and sending a positive signal to companies lining up to list in the financial hub.

Reuters Technology
Sep 20, 2018

Facebook and Twitter must comply with EU consumer rules or face sanctions
Facebook and Twitter face sanctions unless they comply with European consumer rules by the end of the year, the EU said as its regulators continue to their crackdown on U.S. social media giants over privacy concerns.

Reuters Technology
Sep 20, 2018

EU says Facebook must comply with EU consumer rules by end-2018 or face sanctions
Europe's justice chief gave U.S. social media giant Facebook until the end of the year to comply with EU consumer rules or face sanctions.

Reuters Technology
Sep 20, 2018

Inmarsat and Panasonic partner on in-flight broadband
British satellite company Inmarsat said it would collaborate with Japan's Panasonic Avionics in providing in-flight broadband for commercial airlines.

Reuters Technology
Sep 20, 2018

Cash-flush Rocket Internet lifted by $175 million buyback plan
German ecommerce company Rocket Internet responded to investor calls to use some of its 2.1 billion euro cash pile on Thursday with a plan to buy back shares worth up to 150 million euros ($175 million), 3.6 percent of its outstanding stock.

Reuters Technology
Sep 20, 2018

Inmarsat and Panasonic partner on in-flight connectivity
British satellite company Inmarsat said it would collaborate with Japan's Panasonic Avionics in providing in-flight broadband for commercial airlines.

Reuters Technology
Sep 20, 2018

Rocket Internet to buy back up to 3.6 percent of its shares
German ecommerce company Rocket Internet will buy back up to 150 million euros ($175.25 million) worth of shares, or 3.6 percent of its outstanding stock, as it responds to investor calls to use some of its 2.1 billion euro cash pile.

Reuters Technology
Sep 20, 2018

Cboe exchange turns to machines to police its 'fear gauge'
Hard pressed to quash allegations that its popular "fear gauge" is being manipulated, Cboe Global Markets is turning to artificial intelligence to help put those concerns to rest.

Reuters Technology
Sep 20, 2018

VIX: Wall Street 'fear gauge' - manipulated or maligned?
Cboe Global Markets is taking several steps, including recruiting artificial intelligence, to put to rest concerns that its VIX volatility index was prone to manipulation and that contributed to a blow-up of some complex volatility products in February.

Reuters Technology
Sep 20, 2018

Two Australian banks among six targeted by fake apps: security firm
Customers of six banks including two of Australia's largest lenders have had their personal details stolen by fake banking apps on the Google Play store, an internet security firm said.

Reuters Technology
Sep 19, 2018

Australian regulator cracks down on misleading digital coin offerings
Australia's corporate watchdog said on Thursday it was stepping up scrutiny on "misleading" initial coin offerings (ICOs)targeted at retail investors while adding it has already acted against several such proposals.

Reuters Technology
Sep 19, 2018

Facebook expands fake election news fight, but falsehoods still rampant
Facebook Inc on Wednesday said it would team with two U.S. non-profits to slow the global spread of misinformation that could influence elections, acknowledging that fake news sites were still read by millions.

Reuters Technology
Sep 19, 2018

Cryptocurrency exchange Coinbase hires chief legal officer from Fannie Mae
Coinbase has hired finance executive Brian Brooks as chief legal officer, it said on Wednesday, as the cryptocurrency exchange grows its compliance and government affairs capabilities amid intensifying regulatory scrutiny of the nascent market.

Reuters Technology
Sep 19, 2018

Amazon considering opening up to 3,000 cashierless stores by 2021: Bbg
Amazon.com Inc is considering a plan to open as many as 3,000 new Amazon Go cashierless stores in the next few years, Bloomberg reported https://www.bloomberg.com/news/articles/2018-09-19/amazon-is-said-to-plan-up-to-3-000-cashierless-stores-by-2021 on Wednesday, citing people familiar with the matter.

Reuters Technology
Sep 19, 2018

Facebook yet to comply with EU consumer rules, Airbnb in line: EU sources
Facebook may face sanctions because it has yet to comply with EU consumer rules while Airbnb has made the necessary changes in response to regulatory demands, EU sources said on Wednesday.

Reuters Technology
Sep 19, 2018

Coding platform GitLab enters unicorn club after raising $100 million
U.S. coding platform GitLab raised $100 million in its latest round of funding, catapulting the company into the unicorn club with a valuation of more than $1 billion.

Reuters Technology
Sep 19, 2018

Germany to reach target of 1 million electric cars later than planned
Germany will likely have to delay its target of having 1 million electric vehicles on the road by two years to 2022, according to a government-sponsored report.

Reuters Technology
Sep 19, 2018

Startup Picnic runs grocery delivery bus in Dutch online shopping boom
Coming to a stop outside yet another front door on Utrecht's narrow streets, 25-year-old Susann Huber gets out of her electric minivan, pulls out a crate of groceries and hands them over to a waiting customer.

Reuters Technology
Sep 19, 2018

Beijing allocates more roads for self-driving vehicle tests
China's capital city has designated 11 more roads for self-driving vehicle testing, state news agency Xinhua said on Wednesday, to try to speed up the technology's development.

Reuters Technology
Sep 19, 2018

Strap on the Fitbit: John Hancock to sell only interactive life insurance
John Hancock, one of the oldest and largest North American life insurers, will stop underwriting traditional life insurance and instead sell only interactive policies that track fitness and health data through wearable devices and smartphones, the company said on Wednesday.

Reuters Technology
Sep 19, 2018

Hyundai signs deal to sell 1,000 hydrogen-powered trucks in Switzerland
Hyundai Motor said on Wednesday it will sell 1,000 hydrogen-powered trucks in Switzerland over the next five years through a new tie-up, betting the vehicles could beat battery-powered models sold by the likes of Tesla Inc.

Reuters Technology
Sep 19, 2018

Blockchain startup Ripple signs up PNC as a customer for its payment tech
A division of PNC Financial Services Group IncĀ  will use technology built by startup Ripple to process international payments, the companies said on Wednesday, a possible precursor to the use of blockchain in mainstream finance.

Reuters Technology
Sep 19, 2018

Amazon's use of merchant data under EU microscope
EU regulators are quizzing merchants and others on U.S. online retailer Amazon's use of their data to discover whether there is a need for action, Europe's antitrust chief said on Wednesday.

Reuters Technology
Sep 19, 2018

Rolls-Royce signs deal to trial hybrid-electric train conversions
Rolls-Royce has signed a deal to conduct a trial conversion of diesel trains to hybrid-electric engines in Britain, in a deal which could be rolled out to hundreds of trains across the country from the 2020s.

Reuters Technology
Sep 19, 2018

HNA Technology ditches plan to buy e-commerce group Dangdang
HNA Technology Co Ltd, part of Chinese conglomerate HNA Group, said on Wednesday it scrapped a plan to acquire Chinese company Dangdang's e-commerce assets as transaction parties failed to reach agreement.

Reuters Technology
Sep 19, 2018

Banks, traders launch first commodities blockchain platform
Global banks and trading firms are launching the first blockchain-based platform for financing the trading of commodities from oil to wheat, they said in a joint statement on Wednesday.

Reuters Technology
Sep 19, 2018

Naspers frees cash-rich Multichoice to take on Netflix & co
South African media and e-commerce group Naspers' plan to spin off Multichoice, Africa's biggest pay-TV business by subscribers, will free up cash for the unit to compete with fast-growing Netflix and other streaming services.

Reuters Technology
Sep 19, 2018

TomTom says Google deal with carmakers could hit its orders: ANP
Digital mapping company TomTom will probably lose some business in future as a result of Google's deal with carmakers Renault, Nissan and Mitsubishi, TomTom's finance chief said on Wednesday.

Reuters Technology
Sep 19, 2018

Global tech firms gear up to fight India's planned data law
Global tech companies plan to oppose new legislation in India that would require Facebook, PayPal and others to store user data in the country, arguing it will hurt investment and the business models of foreign and domestic firms.

Reuters Technology
Sep 19, 2018

Toshiba Memory chief shrugs off price concerns, sticks with IPO plans
The chief executive of Toshiba Memory Corp, the world's No. 2 producer of NAND flash memory chips, on Wednesday brushed aside concerns about falling memory chip prices and reaffirmed the company's plan to go public in two to three years.

Reuters Technology
Sep 19, 2018

China to invest $15 billion in big data, cloud computing over next five years
China's state planner said on Wednesday it has reached an agreement with a major Chinese policy bank to invest 100 billion yuan ($14.60 billion) in big data, cloud computing and smart city projects over the next 5 years.

Reuters Technology
Sep 19, 2018

TomTom CFO says Google deal with carmakers could hit orders: ANP
Google's deal with carmakers Renault, Nissan and Mitsubishi might limit future orders for digital mapping company TomTom, its chief financial officer told Dutch news agency ANP on Wednesday.

Reuters Technology
Sep 19, 2018

SAP, Alibaba team up on cloud services
SAP SE , the German business software company, said on Wednesday it was teaming up with Alibaba to offer its flagship products on the Chinese company's cloud infrastructure.

Reuters Technology
Sep 19, 2018

China's Alibaba doubles down on chips amid cloud computing push
Alibaba Group Holding Ltd will set up a dedicated chip subsidiary and aims to launch its first self-developed AI inference chip in the second half of 2019 that could be used for autonomous driving, smart cities and logistics.

Reuters Technology
Sep 19, 2018

AstraZeneca plots China robot offensive to counter price cuts
With smart cancer diagnostics, one-stop-shop diabetes kits and AI systems to improve ambulance pick-ups for patients with chest pain, AstraZeneca aims to move from simply supplying drugs to become a broad healthcare provider in China.

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