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Reuters Technology
Jul 18, 2018

Uber says it has invested $500 million in Mexico since 2013
Uber Technologies Inc said on Tuesday that it has invested more than $500 million in Mexico since it launched there in 2013, underscoring the country's importance to the ride-hailing firm as it faces new competition.

Reuters Technology
Jul 17, 2018

America Movil's second-quarter net profit plummets on currency losses
Mexico's America Movil, the largest telecommunications firm in Latin America by number of subscribers, saw its net profit slide 94 percent in the second quarter, hammered by currency-related swings.

Reuters Technology
Jul 17, 2018

TV streaming services overtake pay-TV in Britain: Ofcom
The number of Britons subscribing to TV services like Netflix, Amazon and Sky's NOW TV, has overtaken traditional satellite and cable TV for the first time, media regulator Ofcom said on Wednesday.

Reuters Technology
Jul 17, 2018

America Movil net profit plummets in second quarter
America Movil, Latin America's largest telecommunications firm by number of subscribers, reported second-quarter net profit of 818 million pesos ($41.2 million), down 94.3 percent from the same period last year.

Reuters Technology
Jul 17, 2018

Toshiba may face renewed shareholder accounting claims: U.S. appeals court
A U.S. appeals court gave investors in Toshiba Corp's U.S.-listed securities another chance to show they suffered losses because the Japanese industrial conglomerate misled them about its internal controls before a 2015 accounting scandal.

Reuters Technology
Jul 17, 2018

Social media companies defend filtering practices before Congress
Facebook Inc , Alphabet Inc and Twitter Inc told a U.S. House panel on Tuesday that the social media companies are not discriminating against content for political reasons.

Reuters Technology
Jul 17, 2018

EU's Vestager to brief Google CEO ahead of record Android fine: source
EU antitrust chief Margrethe Vestager will brief Google CEO Sundar Pichai by telephone later on Tuesday on her ruling on the company's Android mobile operating system, a person familiar with the matter said.

Reuters Technology
Jul 17, 2018

Egypt targets social media with new law
Egypt's parliament has passed a law giving the state powers to block social media accounts and penalize journalists held to be publishing fake news.

Reuters Technology
Jul 17, 2018

JPMorgan Chase invests in artificial intelligence startup Volley
JPMorgan Chase & Co has made a strategic investment in Volley.com, a San Francisco-based startup that uses artificial intelligence to help large enterprises automatically generate training content for employees, the companies said on Tuesday.

Reuters Technology
Jul 17, 2018

Tesla Model 3 is most profitable electric car: consultant
The Tesla Inc Model 3 sedan is the most profitable electric car in the automotive industry, according to the head of a top automotive consultant.

Reuters Technology
Jul 17, 2018

Alphabet's GV leads $16 million investment in site rental firm Peerspace
Alphabet Inc's venture capital unit GV led a $16 million investment this month in Peerspace Inc, a self-serve online booking tool for event spaces, the firms told Reuters on Tuesday.

Reuters Technology
Jul 17, 2018

Netflix shares take hit as subscriber slip hints at 'lumpy' road ahead
Shares of Netflix Inc headed for their worst day in two years on Tuesday, falling as much as 14 percent after reporting a surprise shortfall in new subscribers in a quarter marked by the lack of a blockbuster new show and World Cup soccer.

Reuters Technology
Jul 17, 2018

Exclusive: Kenya's Safaricom taking M-Pesa to Ethiopia, sources say
Kenya's Safaricom is in advanced talks with the Ethiopian government to introduce its popular M-Pesa mobile money service, a major step towards establishing a toe-hold in the market of 100 million people, two sources said on Tuesday.

Reuters Technology
Jul 17, 2018

Cryptocurrency firm Stellar gets Islamic finance certification
California-based Stellar has received certification from Islamic scholars for its blockchain platform and related cryptocurrency, aiming to integrate the technology into the field of sharia-compliant financial products.

Reuters Technology
Jul 17, 2018

Amazon, MLB add machine-learned stats to cloud deal
Amazon.com Inc will provide a new set of real-time statistics and graphics on live baseball games later this season, expanding its cloud computing deal with U.S. Major League Baseball, the two organizations told Reuters.

Reuters Technology
Jul 17, 2018

Netflix subscriber slip hints at 'lumpy' road ahead
Shares of Netflix Inc fell 13 percent on Tuesday after it reported a surprise shortfall in subscriber additions for a second quarter marked by the lack of a blockbuster new show and the soccer World Cup.

Reuters Technology
Jul 17, 2018

Insider threat management firm ObserveIT raises $33 million
ObserveIT, a provider of insider threat management software, said on Tuesday it raised $33 million in a private funding round with participation from Bain Capital Ventures and Spring Lake Equity Partners.

Reuters Technology
Jul 17, 2018

IBM partners Stronghold for new digital stable coin
International Business Machines Corp is backing a new cryptocurrency pegged to the U.S. dollar, in a partnership with U.S.-based financial services provider Stronghold that adds stability to a sector known for its volatility, the companies said.

Reuters Technology
Jul 17, 2018

Exclusive: Kenya's Safaricom in 'advanced talks' to take M-Pesa to Ethiopia
Kenya's Safaricom is in "advanced talks" with the Ethiopian government to introduce its popular M-Pesa mobile money service to neighboring Ethiopia, a market of 100 million people, two sources said on Tuesday.

Reuters Technology
Jul 17, 2018

U.S. lawmakers urge Google, Facebook to resist Vietnam cybersecurity law
Seventeen U.S. lawmakers have urged the CEOs of Facebook and Google to resist changes stipulated by a new cybersecurity law in Vietnam, which critics say gives the Communist-ruled state more power to crackdown on dissent.

Reuters Technology
Jul 17, 2018

Japan's Hino Motors adds AI to hybrid trucks as rivals go all-electric
Toyota Motor Corp's truck-making arm is adding artificial intelligence to large diesel-electric hybrids to improve fuel efficiency, at a time when rivals are focusing on all-battery-powered models in an era of tighter emissions rules.

Reuters Technology
Jul 17, 2018

China's Didi gets $500 million funding from Booking.com parent
Chinese ride-hailing app Didi Chuxing has received a $500 million investment from U.S. travel firm Booking Holdings Inc , in a boost for its aggressive plan to enter new markets outside of China.

Reuters Technology
Jul 17, 2018

Chinese discounter Pinduoduo aims for up to $1.63 billion in US IPO
Chinese online group discounter Pinduoduo plans to raise up to $1.63 billion from a U.S. listing, its latest filing with the U.S. Securities and Exchange showed, in what would be the second-biggest U.S. float by a Chinese firm this year.

Reuters Technology
Jul 17, 2018

EU agrees on data deal with Japan
The European Union reached a deal on Tuesday allowing businesses to seamlessly transfer personal data between the bloc and Japan, deepening economic links as the two sides also agree a free-trade pact.

Reuters Technology
Jul 17, 2018

China's Didi says gets $500 mln investment from Booking.com parent
Chinese ride-hailing app Didi Chuxing said on Tuesday it has received a $500 million investment from U.S. travel firm Booking Holdings Inc as part of a new agreement.

Reuters Technology
Jul 17, 2018

U.S. ban on China's ZTE forces telecoms to rethink business: sources
The U.S. trade ban on Chinese telecom equipment maker ZTE wreaked havoc at wireless carriers in Europe and South Asia and forced operators worldwide to consider broadening their supply networks, industry sources told Reuters.

Reuters Technology
Jul 17, 2018

Didi seeks $1.5 billion car services spinoff ahead of likely IPO: sources
Chinese ride-hailing giant Didi Chuxing Technology Co Ltd is looking to spin off its car services unit in a deal worth up to $1.5 billion, ahead of its expected initial public offering (IPO), people with direct knowledge of the matter said.

Reuters Technology
Jul 17, 2018

Walmart, Microsoft in partnership to use cloud tech
Retail giant Walmart Inc said on Tuesday it entered into a strategic partnership with Microsoft Corp for wider use of cloud and artificial intelligence technology, in a sign of major rivals of Amazon.com Inc coming together.

Reuters Technology
Jul 17, 2018

Chinese discounter Pinduoduo aims for up to $1.63 billion in U.S. IPO
Chinese online group discounter Pinduoduo plans to raise up to $1.63 billion from a U.S. listing, its latest filing with the U.S. Securities and Exchange showed, in what would be the second-biggest U.S. float by a Chinese firm this year.

Reuters Technology
Jul 17, 2018

Hong Kong regulator, banks launch blockchain-based trade finance platform
Hong Kong's banking regulator and seven banks, including HSBC Holdings PLC and Standard Chartered PLC , on Tuesday said they will jointly launch a trade finance platform in September using blockchain technology.

Reuters Technology
Jul 17, 2018

Tesla shares fall after CEO Musk abuses British caver
Shares of Tesla Inc fell over 3.5 percent on Monday after Chief Executive Elon Musk directed abuse on Twitter at one of the British cavers involved in the rescue of 12 Thai children last week.

Reuters Technology
Jul 16, 2018

Didi to spin off car services unit in up to $1.5 billion deal: sources
Chinese ride-hailing giant Didi Chuxing Technology Co Ltd is looking to spin off its car services unit in a deal worth up to $1.5 billion ahead of its expected initial public offering, people with direct knowledge of the matter told Reuters.

Reuters Technology
Jul 16, 2018

Ex-Apple employee pleads not guilty in trade secret case
A former Apple Inc employee pleaded not guilty on Monday after federal prosecutors filed an indictment accusing him of stealing trade secrets.

Reuters Technology
Jul 16, 2018

Communist-run Cuba starts rolling out internet on mobile phones
Communist-run Cuba has started providing internet on the mobile phones of select users as it aims to roll out the service nationwide by year-end, in a further step toward opening one of the Western Hemisphere's least connected countries.

Reuters Technology
Jul 16, 2018

KKR agrees to buy stake in AppLovin at $2 billion valuation
Private equity firm KKR & Co said on Monday it will acquire a minority stake in AppLovin Corp for $400 million, just months after the U.S. mobile marketing firm was forced by Washington to scrap a deal to be acquired by a Chinese buyout firm.

Reuters Technology
Jul 16, 2018

Tesla shares fall after CEO Musk abuses British diver
Shares of Tesla Inc fell 2.75 percent on Monday after Chief Executive Elon Musk directed abuse on Twitter at one of the British cave divers involved in the rescue of 12 Thai children last week.

Reuters Technology
Jul 16, 2018

IBM seeks $167 million from Groupon in dispute over early internet patents
International Business Machines Corp on Monday asked a U.S. jury to award it $167 million in a lawsuit accusing e-commerce marketplace operator Groupon Inc of using patented technology without authorization.

Reuters Technology
Jul 16, 2018

Netflix shares tank after big miss on subscriber growth
Netflix Inc's subscriber growth fell short of Wall Street expectations on Monday, sending shares of the normally high-flying stock down 14 percent on fears that the company's expansion is slowing.

Reuters Technology
Jul 16, 2018

Amazon suffers glitch during summer marketing event
Amazon.com Inc on Monday said it was working to fix a technical issue that had prevented some shoppers from placing orders during the company's summer marketing event, Prime Day.

Reuters Technology
Jul 16, 2018

BitPay granted virtual currency license by NY regulator
The New York Department of Financial Services (DFS) said on Monday it had granted a virtual currency license to bitcoin payments processor BitPay.

Reuters Technology
Jul 16, 2018

Netflix shares tank after subscriber numbers miss targets
Netflix Inc's subscriber growth and forecast fell short of Wall Street expectations, sending shares of the normally high-flying stock crashing 14 percent on Monday.

Reuters Technology
Jul 16, 2018

Tesla shares fall 3.5 percent after CEO Musk abuses British diver
Shares of Tesla Inc fell 3.5 percent on Monday after Chief Executive Elon Musk directed abuse on Twitter at one of the British cave divers involved in the rescue of 12 Thai children last week.

Reuters Technology
Jul 16, 2018

Chinese online group Pinduoduo targets up to $1.63 billion in U.S. IPO
Chinese online group discounter Pinduoduo is planning to raise up to $1.63 billion from a U.S. listing, its latest filing with the U.S. Securities and Exchange showed, in what will be one of the biggest U.S. float by Chinese firms in four years.

Reuters Technology
Jul 16, 2018

Uber being probed for gender discrimination: source
Uber Technologies Inc is under investigation by the U.S. Equal Employment Opportunity Commission for alleged gender discrimination on issues such as pay, according to a source familiar with the matter.

Reuters Technology
Jul 16, 2018

BlackRock is evaluating cryptocurrencies, CEO Fink says
BlackRock Inc Chief Executive Larry Fink on Monday said the world's largest asset manager has assembled a working group to look at blockchain technology and cryptocurrencies such as bitcoin, but cautioned he does not see massive investor demand.

Reuters Technology
Jul 16, 2018

Uber faces probe over alleged gender discrimination: WSJ
Uber Technologies Inc is being investigated by the U.S. Equal Employment Opportunity Commission stemming from a complaint about gender inequity, the Wall Street Journal reported on Monday, citing people familiar with the matter.

Reuters Technology
Jul 16, 2018

Moment of truth for Google as record EU antitrust fine looms
Google is set to face a record-busting EU antitrust fine this week over its Android mobile operating system but rivals hoping that an order to halt unfair business practices will help them may be disappointed.

Reuters Technology
Jul 16, 2018

India's telecom regulator recommends stricter data security rules
India's telecom regulator on Monday said the existing framework for protection of personal data by companies and service providers was insufficient and recommended stricter rules to tackle data breaches.

Reuters Technology
Jul 16, 2018

Salesforce agrees to acquire Datorama
U.S. sales and marketing software company Salesforce said on Monday it signed an agreement to acquire Datorama, an Israeli cloud-based artificial intelligence marketing platform.

Reuters Technology
Jul 16, 2018

Amazon workers strike in Germany, joining action in Spain and Poland
Thousands of workers will walk off the job on Tuesday at Amazon warehouses in Germany to demand better working conditions, joining colleagues in Spain and Poland in taking action that coincides with a major sales promotion.

Reuters Technology
Jul 16, 2018

BlackRock is evaluating cryptocurrencies, CEO says
BlackRock Inc Chief Executive Larry Fink on Monday said the world's largest asset manager has assembled a working group that is looking at blockchain technology and cryptocurrencies, such as bitcoin, but cautioned he does not see massive investor demand.

Reuters Technology
Jul 16, 2018

Global regulators start monitoring crypto assets
Global regulators have published a framework for "vigilantly" monitoring risks from crypto assets like bitcoin and ether, even though they don't pose a major risk to financial stability for now.

Reuters Technology
Jul 16, 2018

Power to the drones: utilities place bets on robots
Flying robots that can travel dozens of kilometers without stopping could be the next big thing for power companies.

Reuters Technology
Jul 16, 2018

Global regulators set out monitoring system for crypto-assets
Global regulators have published a framework for "vigilantly" monitoring risks from crypto-assets like bitcoin and ether, even though they don't pose a major risk to financial stability for now.

Reuters Technology
Jul 16, 2018

Mantis Vision raises $55 million in round led by Luenmei, Samsung
Israeli high-tech firm Mantis Vision, which provides 3D content capture and sharing technologies, said on Monday it raised $55 million in a round led by China-based Luenmei Quantum Co and Samsung Catalyst Fund.

Reuters Technology
Jul 16, 2018

ZTE stock surges as U.S. supplier ban lifted though outlook remains uncertain
Investors on Monday cheered the lifting of a U.S. supplier ban on China's ZTE Corp , pushing its shares up 17 percent, though analysts cautioned the telecommunications equipment maker still faced many challenges as it works to revive its business.

Reuters Technology
Jul 15, 2018

China's ZTE shares soar after U.S. lifts supplier ban
Shares of China's ZTE Corp surged more than 12 percent in Hong Kong on Monday after the United States lifted a ban on American companies selling parts to the telecommunications equipment maker that had crippled its business.

Reuters Technology
Jul 15, 2018

ZTE's HK shares set to open up 5.5 percent after U.S. lifts supplier ban
Shares of China's ZTE Corp were set to rise 5.5 percent in Hong Kong on Monday after the United States lifted a ban on American companies selling parts to the telecommunications equipment maker that had crippled its business.

Reuters Technology
Jul 15, 2018

Rolls-Royce plans for take-off in flying taxi market
British jet engine maker Rolls-Royce has designed a propulsion system for a flying taxi and is starting a search for partners to help develop a project it hopes could take to the skies as soon as early next decade.

Reuters Technology
Jul 14, 2018

China auto firms to set up ride-sharing platform
Chinese firms FAW Group, Dongfeng Automobile and Chongqing Changan Automobile have set up a venture to establish a ride-sharing platform, Changan said on Saturday, creating the kind of service pioneered by Uber.

Reuters Technology
Jul 13, 2018

Republican Senator Rubio slams lifting of U.S. ban on China's ZTE
Republican U.S. Senator Marco Rubio criticized on Friday the decision by the United States to lift a ban on suppliers selling to ZTE Corp

Reuters Technology
Jul 13, 2018

Facebook, Twitter, Alphabet to testify at U.S. House hearing
The U.S. House Judiciary Committee on Tuesday will hold a hearing to take testimony from Facebook Inc, Alphabet Inc's YouTube unit and Twitter Inc on whether social media companies are filtering content for political reasons, the committee chairman said.

Reuters Technology
Jul 13, 2018

Cisco sinks on report Amazon wading into networking equipment
Shares of Cisco Systems Inc and other network equipment makers fell on Friday after a report that Amazon.com Inc's cloud services business was considering selling its own network switches to business customers at much lower prices.

Reuters Technology
Jul 13, 2018

Amazon's cloud unit plans to sell own networking switches: The Information
Amazon.com Inc's cloud services business is considering selling its own networking switches to business customers, the Information reported on Friday.

Reuters Technology
Jul 13, 2018

EU digital chief urges lawmakers to ease tough copyright stand
EU digital chief Andrius Ansip on Friday called EU lawmakers to tone down their tough line on copyright reforms as Europe races to agree rules which will force tech giants to share revenues with publishers, broadcasters and artists.

Reuters Technology
Jul 13, 2018

U.S. lifts ban on suppliers selling to China's ZTE
The U.S. Department of Commerce on Friday lifted a ban on U.S. companies selling goods to ZTE Corp, allowing China's second-largest telecommunications equipment maker to resume business. The Commerce Department had said it would remove the ban after ZTE paid a $1 billion penalty and placed $400 million in a U.S. bank escrow account as part of a settlement reached last month.

Reuters Technology
Jul 13, 2018

Microsoft seeks regulation of facial recognition technology
Microsoft Corp on Friday called for government regulation of facial recognition technology and for laws governing its acceptable uses.

Reuters Technology
Jul 13, 2018

Xerox explores sale of leasing finance unit: sources
Xerox Corp is considering the sale of a leasing unit that lends money to customers to rent printers and equipment, to make itself more attractive to potential acquirers following the termination of its $6.1 billion sale to Fujifilm Holdings Corp, people familiar with the matter said on Friday.

Reuters Technology
Jul 13, 2018

Kenya Uber to keep fares unchanged for now following drivers' strike
Uber's [UBER.UL] business in Kenya said on Friday it will keep its fares unchanged for now, after associations representing taxi drivers in the country signed a deal giving guidelines for better fares and working conditions.

Reuters Technology
Jul 13, 2018

China's Leshi sees wider first half net losses as business falters
Embattled Chinese tech firm Leshi Internet and Technology said it expected a bigger net loss in the first six months of the year and saw the possibility of continued losses in the second half if its business operations did not improve.

Reuters Technology
Jul 13, 2018

India's Infosys retains revenue forecast as seeks recovery
India's second-biggest IT firm Infosys Ltd retained its revenue outlook for the fiscal year to March, with its chief executive upbeat about demand for the company's services in the key markets of United States and Europe.

Reuters Technology
Jul 13, 2018

AT&T CEO confident Time Warner deal on solid ground
The U.S. Justice Department has only a remote chance of overturning AT&T Inc's takeover of Time Warner, Chief Executive Randall Stephenson said on Friday, while warning the case could affect bidding for Twenty-First Century Fox Inc.

Reuters Technology
Jul 13, 2018

China's ZTE sees heavy losses in first half due to U.S. penalty
Chinese telecoms equipment group ZTE Corp said on Friday it expected to record a net loss in the first half of the year due to the hefty fine it agreed in order to lift a U.S. ban on component supplies.

Reuters Technology
Jul 13, 2018

U.S. sanctions seen barring IT platform of insurer Lloyd's for Iran trade
New U.S. sanctions are likely to prevent the use of a Lloyd's of London IT platform for any Iran insurance, adding to difficulties for European insurers providing cover for the country.

Reuters Technology
Jul 13, 2018

AT&T shares skid as Justice Department says to appeal Time Warner case
Shares of AT&T Inc fell 1.8 percent in trading before the bell on Friday after the U.S. Justice Department said it would appeal a federal judge's approval of the telecommunication network's acquisition of Time Warner.

Reuters Technology
Jul 13, 2018

China must improve core technology innovation, says Xi
China must improve its core technology innovation, President Xi Jinping told a top government decision-making body on Friday, saying it was key to national security and high-quality economic development.

Reuters Technology
Jul 13, 2018

India's Infosys June-quarter profit rises about 4 percent, misses estimates
Infosys Ltd, India's No.2 software services exporter, posted a 3.7 percent rise in quarterly profit on Friday, below market expectations.

Reuters Technology
Jul 13, 2018

China central bank says cannot refuse, discriminate against cash payments
Companies or individuals cannot refuse or discriminate against cash payments, China's central bank said on Friday, but stressed the rules won't apply to online payments and unmanned stores.

Reuters Technology
Jul 13, 2018

Facebook says Indonesian user data not misused
Social media giant Facebook has assured the Indonesian government that personal data of about one million of its citizens had not been improperly accessed by political consultancy Cambridge Analytica.

Reuters Technology
Jul 13, 2018

Silicon Valley employees flex newfound political muscles
Employees at several of the world's biggest technology companies have been exercising newfound political power where they work, pushing their bosses on business ethics with help from established and fledgling nonprofit groups.

Reuters Technology
Jul 12, 2018

Apple launches $300 million green energy fund in China
Apple Inc will launch a $300 million clean energy fund in China, the firm said in a statement on Friday, working with its suppliers to invest in renewable energy projects that could power close to 1 million homes in the country.

Reuters Technology
Jul 12, 2018

Top Twitter users lose 2 percent of followers on average as policy changes
A Twitter Inc policy change on Thursday to increase the service's credibility cost its 100 most popular users about 2 percent of their followers, on average, according to social media data firm Keyhole.

Reuters Technology
Jul 12, 2018

Exclusive: Jeff Bezos plans to charge at least $200,000 for space rides - sources
Jeff Bezos' rocket company plans to charge passengers about $200,000 to $300,000 for its first trips into space next year, two people familiar with its plans told Reuters.

Reuters Technology
Jul 12, 2018

Intel acquires small chipmaker to bolster efforts beyond CPUs
Intel Corp said on Thursday that it plans to acquire eASIC, a small chipmaker that will help further Intel's efforts to diversify away from CPU chips.

Reuters Technology
Jul 12, 2018

Broadcom's ambitious deal history under CEO Hock Tan
Broadcom Ltd made an $18.9 billion bid for software firm CA Inc on Wednesday, the latest in the company's acquisition spree aimed at diversifying beyond semiconductors.

Reuters Technology
Jul 12, 2018

Microsoft debuts free tier in competitive workplace chat app market
Microsoft Corp on Thursday introduced a free tier of its workplace collaboration software Teams to better compete against rival Slack Technologies Inc in a market analysts view as a main battleground in the world of enterprise software.

Reuters Technology
Jul 12, 2018

Tesla hits 200,000 cars, meaning lower tax credit for buyers
Tesla Inc has delivered 200,000 electric cars to buyers in the United States, a spokesperson said on Thursday, meaning tax credits will now begin to be lowered, while rivals such as Mercedes-Benz, BMW AG and Audi AG will bring electric models to the market with a full tax credit in place.

Reuters Technology
Jul 12, 2018

Timeline: Broadcom's ambitious deal history under CEO Hock Tan
Broadcom Ltd made an $18.9 billion bid for software firm CA Inc on Wednesday, the latest in the company's acquisition spree aimed at diversifying beyond semiconductors.

Reuters Technology
Jul 12, 2018

Heirs can access Facebook account of deceased relatives: German court
Heirs in Germany have the right to access the Facebook accounts of their deceased relatives, a court said in a landmark privacy ruling on Thursday, saying a social media account can be inherited in the same way as letters.

Reuters Technology
Jul 12, 2018

Broadcom loses $19 billion in market value after bid to buy CA
Chipmaker Broadcom Inc's surprise bid to buy software company CA Inc for $18.9 billion wiped off the same amount from its market value on Thursday, with investors and analysts struggling to find a clear reason for the deal.

Reuters Technology
Jul 12, 2018

German mobile operators pledge to boost 4G network coverage
Germany's mobile operators have promised the government that they will improve the coverage of their 4G networks to 99 percent by the end of 2020, Transport Minister Andreas Scheuer said after meeting industry bosses on Thursday.

Reuters Technology
Jul 12, 2018

Tesla delivers 200,000 cars, tax credit for future buyers to be lower
Tesla Inc has delivered 200,000 electric cars in the United States, a spokesperson said on Thursday, resulting in lower tax credits for future buyers.

Reuters Technology
Jul 12, 2018

Apple launches faster processors on MacBook Pro
Apple Inc unveiled new features on the MacBook Pro on Thursday, including faster core processors, larger memory and better security to 13-inch and 15-inch models with touch bar.

Reuters Technology
Jul 12, 2018

'What the Hock?'; Broadcom shares sink on shock software deal
Broadcom Inc's surprise bid to buy software company CA Inc knocked $11 billion off the value of the chipmaker in trading before the bell on Wall Street on Thursday, with analysts struggling to find a clear rationale behind the deal.

Reuters Technology
Jul 12, 2018

Eutelsat joins rivals in plan to free up U.S. spectrum for 5G
France's Eutelsat is joining satellite operator rivals Intelsat and SES in a proposal to free up spectrum for the rollout of 5G mobile networks in the United States, which the companies hope will boost their profits.

Reuters Technology
Jul 12, 2018

Eutelsat, Intelsat and SES team up on U.S. C-band proposal
France's Eutelsat will join satellite operator rivals Intelsat and SES in a proposal to allow mobile operators to quickly access part of the C-band spectrum in the United States, the companies said on Thursday.

Reuters Technology
Jul 12, 2018

SoftBank's cheap valuation draws $1 billion bet from U.S. fund Tiger Global
U.S. hedge fund Tiger Global has built a stake worth over $1 billion in SoftBank Group Corp as it considers the Japanese firm undervalued, a source with direct knowledge of the matter said, driving SoftBank shares up as much as 6.8 percent.

Reuters Technology
Jul 12, 2018

Parents have right to access dead daughter's Facebook profile, German court rules
Heirs in Germany have the right to access the Facebook accounts of their deceased relatives, a court ruled on Thursday, saying a social media account can be inherited just as letters are.

Reuters Technology
Jul 12, 2018

Israel's Elbit speeds up race to fly military drones in civil airspace
Israeli defense firm Elbit Systems on Thursday unveiled a 1.6 ton unmanned aircraft vehicle (UAV) designed to fly in airspace currently reserved for piloted civilian planes as a race heats up to deploy military drones outside combat zones.

Reuters Technology
Jul 11, 2018

JD.com's finance affiliate raises $2 billion, more than doubles valuation
JD.com Inc's finance affiliate said on Thursday it has signed binding agreements with investors to raise 13 billion yuan ($1.96 billion) in fresh equity at a valuation of nearly $20 billion.

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