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Reuters Technology
May 26, 2018

Customers angry after National Australia Bank hit by technology outage
MELBOURNE (Reuters) - National Australia Bank on Saturday suffered what it described as a "nationwide outage" to some of its technology systems, leaving customers unable to access banking services or withdraw money.

Reuters Technology
May 25, 2018

Tesla seeks to dismiss securities fraud lawsuit: U.S. court document
SAN FRANCISCO (Reuters) - Tesla Inc on Friday asked a court to dismiss a securities fraud lawsuit by shareholders who said the electric vehicle maker gave false public statements about the progress of producing its new Model 3 sedan.

Reuters Technology
May 25, 2018

U.S. reaches deal to keep China's ZTE in business: congressional aide
WASHINGTON (Reuters) - The Trump administration told lawmakers the U.S. government has reached a deal to put Chinese telecommunications company ZTE Corp back in business, a senior congressional aide said on Friday.

Reuters Technology
May 25, 2018

Tesla agrees to settle class action over Autopilot billed as 'safer'
NEW YORK (Reuters) - Tesla Inc on Thursday reached an agreement to settle a class action lawsuit with buyers of its Model S and Model X cars who alleged that the company's assisted-driving Autopilot system was "essentially unusable and demonstrably dangerous."

Reuters Technology
May 25, 2018

Apple sees steep increase in U.S. national security requests
(Reuters) - Apple Inc on Friday issued its twice yearly transparency report on government data requests, showing another sharp increase in U.S. national security-related requests.

Reuters Technology
May 25, 2018

T-Mobile says ex-Trump campaign manager advising on Sprint merger
WASHINGTON (Reuters) - T-Mobile US said it is getting advice on its proposed $26 billion merger with Sprint Corp from a lobbying firm whose staff includes several members of President Donald Trump's election team such as former campaign manager Corey Lewandowski.

Reuters Technology
May 25, 2018

U.S. reaches deal to keep Chinese telecom ZTE in business: congressional aide
WASHINGTON (Reuters) - The Trump administration told lawmakers the U.S. government has reached a deal to put Chinese telecommunications company ZTE Corp back in business, a senior congressional aide said on Friday.

Reuters Technology
May 25, 2018

Exclusive: Tesla flies in new battery production line for Gigafactory
FRANKFURT/SAN FRANCISCO (Reuters) - Tesla Inc has flown six planes full of robots and equipment from Europe to California in an unusual, high-stakes effort to speed up battery production for its Model 3 electric sedan, people familiar with the matter told Reuters this week.

Reuters Technology
May 25, 2018

U.S. reached deal to keep Chinese telecom ZTE in business: congressional aide
WASHINGTON (Reuters) - The Trump administration told lawmakers the U.S. government has reached a deal to put Chinese telecommunications company ZTE Corp back in business, a senior congressional aide said on Friday.

Reuters Technology
May 25, 2018

Exclusive: Total's Saft plans over 200 million euros investment in next generation battery
PARIS (Reuters) - French battery maker Saft, a unit of oil and gas major Total said on Friday it plans to invest over 200 million euros ($233 million) in a next generation European battery alliance project.

Reuters Technology
May 25, 2018

Tesla settles class action lawsuit over 'dangerous' Autopilot system
NEW YORK (Reuters) - Tesla on Thursday reached an agreement to settle a class action lawsuit with buyers of its Model S and Model X cars who alleged that the company's assisted-driving Autopilot system was "essentially unusable and demonstrably dangerous."

Reuters Technology
May 25, 2018

Merkel calls for Germany and China to regear relations for digital era
SHENZHEN (Reuters) - Berlin and Beijing must revamp their relationship to adapt to digital changes, said Angela Merkel, who has made the issue a top priority of her fourth term as German Chancellor.

Reuters Technology
May 25, 2018

EU privacy law enters into force, activist takes aim
BRUSSELS (Reuters) - New European privacy regulations went into effect on Friday that will force companies to be more attentive to how they handle customer data.

Reuters Technology
May 25, 2018

Kenya moves to regulate fintech-fuelled lending craze
NAIROBI (Reuters) - Kenya built a reputation as a pioneer of financial inclusion through its early adoption of a mobile money system that enables people to transfer cash and make payments on cellphones without a bank account.

Reuters Technology
May 25, 2018

South Africa investigates $80 million bitcoin scam
JOHANNESBURG (Reuters) - South African authorities are investigating an alleged cryptocurrency scam that defrauded investors of 1 billion rand ($80 million) with promises of huge returns that never materialized, police said on Friday.

Reuters Technology
May 25, 2018

China to use cornerstones to help Alibaba, Xiaomi list in mainland: sources
HONG KONG/BEIJING (Reuters) - China plans to use cornerstone investors to help its overseas-listed tech giants such as Alibaba and Xiaomi [IPO-XMGP.HK] to sell shares at home, on worries the size of the deals could overwhelm mainland markets, three sources said.

Reuters Technology
May 25, 2018

Austrian data privacy activist takes aim at 'forced consent'
VIENNA/LONDON (Reuters) - As Europe's new privacy law took effect on Friday, one activist wasted no time in asserting the additional rights it gives people over the data that companies want to collect about them.

Reuters Technology
May 25, 2018

EU privacy law heralds new era in online data protection
BRUSSELS (Reuters) - New European privacy regulations that go into effect on Friday will force companies to be more attentive to how they handle customer data, while bringing consumers both new ways to control their data and tougher enforcement of existing privacy rights.

Reuters Technology
May 25, 2018

Tencent's WeChat drops 'sugar daddy' dating website
BEIJING (Reuters) - China's top social media app WeChat has removed "sugar daddy" dating website SeekingArrangement from its platform, after a recent surge in the popularity of the U.S.-founded service attracted scrutiny from state media.

Reuters Technology
May 24, 2018

Apple blocks Steam's plan to extend its video games to iPhones
(Reuters) - Apple Inc has blocked the plans of the biggest distributor of PC-based video games to extend its reach into iPhones, according to the game distributor, a sign that Apple is serious about protecting its ability to take a cut of digital purchases made inside games on its mobile devices.

Reuters Technology
May 24, 2018

Oregon family finds Amazon's Alexa has a mind of her own
(Reuters) - A Portland, Oregon, family has learned what happens when Amazon.com Inc's popular voice assistant Alexa is lost in translation.

Reuters Technology
May 24, 2018

Google tries to ease tensions on eve of new EU privacy law
SAN FRANCISCO (Reuters) - Alphabet Inc's Google sought to ease online publisher concerns on Thursday about the effects European data privacy rules going into effect in just a few hours will have on their ad business.

Reuters Technology
May 24, 2018

U.S. jury awards Apple $539 million in Samsung patent retrial
(Reuters) - After nearly five days of deliberations, a U.S. jury on Thursday said Samsung Electronics Co Ltd should pay $539 million to Apple Inc for copying patented smartphone features, according to court documents, bringing a years-long feud between the technology companies into its final stages.

Reuters Technology
May 24, 2018

Exclusive: U.S. bill would force tech companies to disclose foreign software probes
WASHINGTON (Reuters) - U.S. tech companies would be forced to disclose if they allowed American adversaries, like Russia and China, to examine the inner workings of software sold to the U.S. military under proposed legislation, Senate staff told Reuters on Thursday.

Reuters Technology
May 24, 2018

Facebook launches searchable archive of U.S. political ads
SAN FRANCISCO (Reuters) - Facebook Inc on Thursday launched an archive of U.S. political ads that appear on the world's largest social network, showing who paid for them and other details, after an outcry over Russians' alleged purchase of such ads during the 2016 elections.

Reuters Technology
May 24, 2018

Uber disabled emergency braking in self-driving car: U.S. agency
WASHINGTON (Reuters) - Uber [UBER.UL] disabled an emergency braking system in a self-driving vehicle that struck and killed a woman in Arizona in March and which failed to properly identify the pedestrian, raising serious questions about its performance, the National Transportation Safety Board said in a preliminary report released on Thursday.

Reuters Technology
May 24, 2018

About $1.2 billion in cryptocurrency stolen since 2017: cybercrime group
NEW YORK (Reuters) - Criminals have stolen about $1.2 billion in cryptocurrencies since the beginning of 2017, as bitcoin's popularity and the emergence of more than 1,500 digital tokens have put the spotlight on the unregulated sector, according to estimates from the Anti-Phishing Working Group released on Thursday.

Reuters Technology
May 24, 2018

Uber self-driving car failed to recognize pedestrian, brake: U.S. agency
WASHINGTON (Reuters) - An Uber [UBER.UL] self-driving vehicle that struck and killed a woman in Arizona in March failed to identify the pedestrian or to brake, raising serious questions about its performance, the U.S. National Transportation Safety Board said in a preliminary report released on Thursday.

Reuters Technology
May 24, 2018

Wary of China, Macron urges Europe to set tech regulation standards
PARIS (Reuters) - Europe should set global standards for tougher regulation of digital technology, finding a way between an excessively lax United States and an over-restrictive China, French President Emmanuel Macron said on Thursday.

Reuters Technology
May 24, 2018

NTSB: Uber self-driving car failed to recognize pedestrian, brake
WASHINGTON (Reuters) - An Uber Technologies Inc [UBER.UL] self-driving vehicle that struck and killed a woman in Tempe, Arizona in March failed to identify the pedestrian or brake, raising serious questions about the performance of the vehicle, the U.S. National Transportation Safety Board said in a preliminary report released Thursday.

Reuters Technology
May 24, 2018

Uber will soon detail plan to stop using diesel cars in London
LONDON (Reuters) - Uber [UBER.UL] said it will provide more information in the coming weeks on how it plans to stop diesel using cars in London and of a proposed scrappage scheme, as the court date nears for the taxi app to defend its right to operate in London nears.

Reuters Technology
May 24, 2018

U.S. launches criminal probe into bitcoin price manipulation: Bloomberg
(Reuters) - The U.S. Department of Justice has launched a criminal probe into whether traders are manipulating the price of bitcoin and other digital currencies, Bloomberg reported on Thursday.

Reuters Technology
May 24, 2018

EU parliament gets Facebook answers after Zuckerberg meeting
BRUSSELS (Reuters) - The European Parliament distributed on Thursday what it called a first set of written replies from Facebook to oral questions put by lawmakers to CEO Mark Zuckerberg at a meeting in Brussels on Tuesday.

Reuters Technology
May 24, 2018

Kremlin denies allegations it planning cyber attack on Ukraine
MOSCOW (Reuters) - The Kremlin on Thursday denied an allegation from Ukraine that Russia was planning a cyber attack on Ukrainian state bodies and private companies ahead of the Champions League soccer final in Kiev on Saturday.

Reuters Technology
May 24, 2018

Russia to carry out checks on Facebook, Whatsapp: TASS
MOSCOW (Reuters) - Russian state telecommunications watchdog Roskomnadzor will check by December whether Facebook and possibly Whatsapp are complying with Russian laws, TASS news agency reported on Thursday, citing the head of the watchdog.

Reuters Technology
May 24, 2018

Vuitton owner LVMH makes e-commerce push with Lyst investment
MILAN (Reuters) - Louis Vuitton owner LVMH has invested in online fashion search business Lyst as the world's biggest luxury brands look to expand their presence online and capture younger shoppers.

Reuters Technology
May 24, 2018

Publicis starts test phase of 'Marcel' internal network aimed at performance boost
PARIS (Reuters) - Advertising group Publicis will unveil its internal collaborative network "Marcel" on Thursday and hopes to have 90 percent of its staff using it by 2020, in a move designed to improve the interaction between Publicis' various agencies.

Reuters Technology
May 23, 2018

Trump fundraiser launches subpoena blitz in Qatar legal fight- sources
(Reuters) - Lawyers for Elliott Broidy, a top fundraiser for U.S. President Donald Trump, have sent out more than 40 subpoenas to internet service providers, lobbying firms and others in an escalating legal fight against Qatar for allegedly hacking into his emails, two people with knowledge of the matter said.

Reuters Technology
May 23, 2018

Indonesian ride-hailing firm Go-Jek says to expand abroad
SINGAPORE (Reuters) - Indonesian ride-hailing and online payment firm Go-Jek on Thursday said it would enter Vietnam, Thailand, Singapore and the Philippines in the next few months, investing $500 million in its international push.

Reuters Technology
May 23, 2018

Go-Jek says to enter Vietnam, Thailand, Singapore, Philippines
SINGAPORE (Reuters) - Indonesian ride-hailing firm Go-Jek said on Thursday it will enter Vietnam, Thailand, Singapore and the Philippines within the next few months and invest $500 million in its international expansion strategy.

Reuters Technology
May 23, 2018

Uber shuts Arizona self-driving program two months after fatal crash
SAN FRANCISCO (Reuters) - Uber has shut down its self-driving car operation in Arizona two months after a fatal crash involving one of its vehicles, the company said on Wednesday.

Reuters Technology
May 23, 2018

U.S. seeks to take control of infected routers from hackers
TORONTO/KIEV (Reuters) - The U.S. government said late on Wednesday that it would seek to wrestle hundreds of thousands of infected routers and storage devices from the control of hackers who security researchers warned were planning to use the "botnet" to attack Ukraine.

Reuters Technology
May 23, 2018

Amazon Web Services to invest in Chile for the long-term: executive
SANTIAGO (Reuters) - Amazon Web Services is looking to invest in Chile for the long-term as part of a larger Latin American expansion plan, a senior executive said on Wednesday after meeting with Chilean President Sebastian Pinera.

Reuters Technology
May 23, 2018

Uber trims losses and grows business, plans new stock sale
SAN FRANCISCO (Reuters) - Uber cut its losses almost in half and its ride bookings jumped 51 percent since one year ago, the Silicon Valley ride-services firm said on Wednesday, showing that months of scandal and retreating from overseas markets has not slowed its business.

Reuters Technology
May 23, 2018

Tesla shares seen rising despite 'fever pitch' of bad news: analyst
SAN FRANCISCO (Reuters) - Negative news stories about Tesla Inc have hit "fever pitch", but the electric carmaker's stock price is likely to surge as output of its Model 3 sedan improves, according to an analyst research report.

Reuters Technology
May 23, 2018

Facebook suggests no compensation for European users affected by data breach
BRUSSELS (Reuters) - Facebook is unlikely to compensate the 2.7 million European users whose data was improperly shared with political consultancy Cambridge Analytica because sensitive bank account data had not been shared, the company said on Wednesday.

Reuters Technology
May 23, 2018

Uber ends Arizona self-driving program following fatality
SAN FRANCISCO (Reuters) - Uber has shut down its self-driving car operation in Arizona two months after a fatal crash involving one of its vehicles, the company said on Wednesday.

Reuters Technology
May 23, 2018

Macron tells global tech CEOs: 'There is no free lunch'
PARIS (Reuters) - French President Emmanuel Macron told executives from the world's biggest technology firms that he believed in innovation but that he wanted tougher regulations and for them to contribute more to society.

Reuters Technology
May 23, 2018

Tesla shares poised to rise after 'fever pitch' of bad news: analyst
SAN FRANCISCO (Reuters) - Immaterial negative news stories about Tesla Inc have hit a "fever pitch", and the electric carmaker's stock is set to surge as output of its Model 3 sedan improves, according to an analyst.

Reuters Technology
May 23, 2018

Italy to auction 5G frequencies by end-September
MILAN (Reuters) - Italy's communications regulator AGCOM said on Wednesday the government would auction frequencies for fifth-generation mobile services in September, in a move it expects to raise at least 2.5 billion euros ($2.9 billion) for state coffers.

Reuters Technology
May 23, 2018

Cyber researchers, Ukraine warn of possible Russian attack
TORONTO/KIEV (Reuters) - Hackers have infected at least 500,000 routers and storage devices in dozens of countries, some of the world's biggest cyber security firms warned on Wednesday, in a campaign that Ukraine said was preparation for a future Russian cyber attack.

Reuters Technology
May 23, 2018

Facebook users unite! 'Data Labour Union' launches in Netherlands
AMSTERDAM (Reuters) - Activists in Amsterdam on Wednesday launched the 'Datavakbond' or "data labor union", which hopes to elect leaders to negotiate directly with Facebook and Google over what they do with users' data.

Reuters Technology
May 23, 2018

Cyber firms, Ukraine warn of planned Russian attack
TORONTO/KIEV (Reuters) - Cisco Systems Inc warned on Wednesday that hackers have infected at least 500,000 routers and storage devices in dozens of countries with sophisticated malicious software - activity Ukraine said was preparation for a future Russian cyber attack.

Reuters Technology
May 23, 2018

Cyber firms warn on suspected Russian plan to attack Ukraine
(Reuters) - Cisco Systems Inc on Wednesday warned that hackers have infected at least 500,000 routers and storage devices in dozens of countries with highly sophisticated malicious software, possibly in preparation for another massive cyber attack on Ukraine.

Reuters Technology
May 23, 2018

'There is no free lunch', Macron tells tech giant CEOs
PARIS (Reuters) - President Emmanuel Macron told executives from the world's biggest technology firms on Wednesday that he wanted innovation to be a driving force for the French economy, but also that they needed to contribute more to society.

Reuters Technology
May 23, 2018

Tesla Model 3 registrations zip past rivals in California
(Reuters) - Tesla Inc's Model 3 sedan recorded more registrations in California than its class rivals BMW 3-Series and Mercedes C-Class in the first quarter, according to a report by the California New Car Dealers Association (CNCDA). Model 3 registrations totaled 3,723, or 14.3 percent of the near-luxury segment, compared with 3,323 for the Mercedes variant and 3,260 for the BMW model, the CNCDA report said.

Reuters Technology
May 23, 2018

Uber widens health cover in Europe as new CEO meets France's Macron
PARIS (Reuters) - Uber plans to offer all its European drivers an upgraded version of the health insurance it already provides in France in a drive to attract independent workers and fend off criticism over their treatment.

Reuters Technology
May 23, 2018

IBM announces new hiring in France as CEOs meet Macron
PARIS (Reuters) - IBM announced new recruitment in France before a meeting between President Emmanuel Macron and the bosses of IBM and Microsoft .

Reuters Technology
May 23, 2018

Consumer groups ask U.S. agency to probe Tesla 'Autopilot' ads
SAN FRANCISCO (Reuters) - Two U.S. consumer advocacy groups urged the Federal Trade Commission on Wednesday to investigate what they called Tesla Inc's "deceptive and misleading" use of the name Autopilot for its assisted-driving technology.

Reuters Technology
May 23, 2018

Israel's defense expertise drives tech boom for autonomous cars
SHFAYIM, Israel (Reuters) - Technology that has helped Israel's military drive tanks, guide and intercept missiles, and keep its computer systems secure is being redeployed in the development of driverless cars.

Reuters Technology
May 23, 2018

Mobile payment firms struggle to dethrone cash in Southeast Asia
SINGAPORE/HANOI (Reuters) - Bui Mai Phuong is an avid online shopper, ordering anything from clothing to personal-care products from her smartphone. But she prefers to pay with cash.

Reuters Technology
May 23, 2018

Foxconn's unit targets raising $4.3 billion in biggest China IPO since 2015
TAIPEI/SHANGHAI (Reuters) - Foxconn Industrial Internet , a subsidiary of the world's largest contract manufacturer Foxconn , announced plans to raise up to 27.1 billion yuan ($4.26 billion) in what will be mainland China's biggest IPO in almost three years.

Reuters Technology
May 22, 2018

China's ZTE estimates at least $3.1 billion loss from U.S. sanctions: Bloomberg
BEIJING (Reuters) - China's ZTE Corp is estimating losses of at least 20 billion yuan ($3.1 billion) due to Washington's ban on U.S. firms supplying the telecommunications firm, Bloomberg reported on Wednesday, citing unnamed sources.

Reuters Technology
May 22, 2018

Foxconn unit aims to raise $4.3 billion in biggest China IPO since 2015
TAIPEI/SHANGHAI (Reuters) - Foxconn Industrial Internet , a subsidiary of the world's largest contract manufacturer Foxconn , said it plans to raise 27.1 billion yuan ($4.26 billion) in what will be the biggest Chinese initial public offering in about three years.

Reuters Technology
May 22, 2018

Acer to unveil new Chromebooks, next step in Google's business pitch
SAN FRANCISCO (Reuters) - Acer Inc will unveil its first line of high-end laptops running Google's Chrome OS on Wednesday, an executive told Reuters, as the computer maker looks to help Google in its effort to win over business users after taking the U.S. education market by storm.

Reuters Technology
May 22, 2018

Tesla hires Snap exec as engineering VP
(Reuters) - Electric carmaker Tesla Inc said on Tuesday it had hired Snapchat maker Snap Inc's vice president of monetization engineering, Stuart Bowers, as VP of engineering, to work on its Autopilot software and other projects.

Reuters Technology
May 22, 2018

Yelp seeks to revive EU antitrust complaint against Google
SAN FRANCISCO (Reuters) - Yelp Inc said on Tuesday it has renewed a European antitrust complaint against Alphabet Inc's Google, seeking to gain traction on a longstanding accusation that the search giant unfairly promotes its own services in results.

Reuters Technology
May 22, 2018

Facebook face-off: EU gets little news from Zuckerberg
BRUSSELS (Reuters) - Facebook CEO Mark Zuckerberg sailed through a grilling from EU lawmakers about the social network's data policies as lengthy questions left the 34-year-old American little time to answer.

Reuters Technology
May 22, 2018

Trump floats management changes instead of sanctions for China's ZTE
WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday floated a plan to fine ZTE Corp and shake up its management as his administration considered rolling back more severe penalties that have crippled the Chinese telecommunications company.

Reuters Technology
May 22, 2018

Civil rights groups warn Amazon about govt use of facial recognition
(Reuters) - U.S. civil liberties groups on Tuesday called on Amazon.com Inc to stop offering facial recognition services to governments, warning that the software could be used to target immigrants and people of color unfairly.

Reuters Technology
May 22, 2018

Snap's Stuart Bowers joins Tesla as VP of engineering
(Reuters) - Electric carmaker Tesla Inc said on Tuesday it had hired Snap Inc's vice president of monetization, Stuart Bowers, as VP of engineering.

Reuters Technology
May 22, 2018

Consumer Reports to retest Tesla Model 3 after brake fix
(Reuters) - Consumer Reports said Tuesday it will retest brakes on Tesla Inc's new Model 3 sedans after Chief Executive Elon Musk promised a software update, but the potential hit to sales from the magazine's negative review weighed on Tesla stock.

Reuters Technology
May 22, 2018

Trump floats large fine, management changes for China's ZTE
WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday floated a plan to fine ZTE Corp and shake up its management as his administration considered rolling back more severe penalties that have crippled the Chinese telecommunications company.

Reuters Technology
May 22, 2018

Chile's President Pinera to meet VP Amazon Web Services: sources
SANTIAGO (Reuters) - President Sebastian Pinera will meet Amazon Web Services Vice President Teresa Carlson on Wednesday, three government sources told Reuters on Tuesday, as the company eyes expansion in Latin America.

Reuters Technology
May 22, 2018

Facebook director to start after annual meeting, avoid shareholder vote
BOSTON (Reuters) - Facebook Inc named a new director this month and timed his appointment to avoid a shareholder vote, raising concern among some investors who want to see more accountability from the social media company.

Reuters Technology
May 22, 2018

Facebook's Zuckerberg apologizes to EU lawmakers over data leak
BRUSSELS (Reuters) - Facebook boss Mark Zuckerberg apologised to European Union lawmakers on Tuesday for a massive data leak, in his latest attempt to draw a line under a scandal that has rocked the world's biggest social media network.

Reuters Technology
May 22, 2018

Civil rights groups criticize Amazon's facial recognition system
(Reuters) - Several U.S. civil liberties groups on Tuesday complained that Amazon.com Inc's real-time facial recognition system, Rekognition, is helping the government with surveillance targeting large crowds, violating civil and digital rights.

Reuters Technology
May 22, 2018

U.S. lawmakers say they will try to block possible ZTE deal with China
WASHINGTON (Reuters) - U.S. lawmakers said on Tuesday they would try to stop President Donald Trump from easing penalties on Chinese telecommunications company ZTE Corp, saying the United States should not bow to pressure from Beijing to help the troubled firm as part of a possible trade deal.

Reuters Technology
May 22, 2018

Facebook's Zuckerberg arrives for grilling by EU lawmakers over data leak
BRUSSELS (Reuters) - Facebook boss Mark Zuckerberg has arrived to meet leaders of the European Parliament to answer questions about how the data of millions of Facebook users ended up in the hands of a political consultancy.

Reuters Technology
May 22, 2018

EU antitrust official sees more scrutiny for Facebook, others
ROME (Reuters) - Facebook and other tech giants may attract more regulatory scrutiny in future because of their market power, a senior EU antitrust official said on Tuesday.

Reuters Technology
May 22, 2018

China, U.S. near deal on ZTE reprieve; Beijing cuts auto tariffs
BEIJING (Reuters) - Washington neared a deal to lift its ban on U.S. firms supplying Chinese telecoms gear maker ZTE Corp, sources said on Tuesday, and Beijing announced tariff cuts on car imports, further easing trade tensions between the world's two largest economies.

Reuters Technology
May 22, 2018

Tesla's Musk admits Model 3 braking issue, promises fix
(Reuters) - Tesla Inc's Chief Executive Officer Elon Musk admitted late on Monday there was a braking issue with the Model 3 sedan, pointed out by Consumer Reports, and said it can be fixed with a firmware update that the electric car maker will be rolling out in a few days.

Reuters Technology
May 22, 2018

Facebook's Zuckerberg faces EU Parliament grilling
BRUSSELS (Reuters) - Facebook Chief Executive Mark Zuckerberg will meet with leaders of the European Parliament on Tuesday to answer questions about how the data of millions of Facebook users ended up in the hands of a political consultancy.

Reuters Technology
May 22, 2018

Sony in $2.3 billion deal for EMI, becomes world's biggest music publisher
TOKYO (Reuters) - Sony Corp said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world's largest music publisher in an industry that has found new life on the back of streaming services.

Reuters Technology
May 22, 2018

Uber pulls up in Japan with taxi-hailing service
TOKYO (Reuters) - Uber Technologies plans to launch its first taxi-hailing pilot service in Japan that will connect passengers to other taxi providers, as it seeks to expand in the country where the U.S. firm has been blocked from setting up its own fleet of drivers.

Reuters Technology
May 22, 2018

Sony in $2.3 bln deal for EMI, becomes world's biggest music publisher
TOKYO (Reuters) - Sony Corp said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world's largest music publisher in an industry that has found new life on the back of streaming services.

Reuters Technology
May 22, 2018

Sony to become world's No.1 music publisher with $2.3 billion EMI deal
TOKYO (Reuters) - Sony Corp said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world's biggest music publisher in an industry that has found new life in streaming services.

Reuters Technology
May 22, 2018

Robots fight weeds in challenge to agrochemical giants
YVERDON-LES-BAINS, Switzerland/CHICAGO (Reuters) - In a field of sugar beet in Switzerland, a solar-powered robot that looks like a table on wheels scans the rows of crops with its camera, identifies weeds and zaps them with jets of blue liquid from its mechanical tentacles.

Reuters Technology
May 22, 2018

U.S., China nearing deal to remove U.S. sales ban against ZTE: sources
BEIJING (Reuters) - Washington and Beijing are nearing a deal that will remove an existing order banning U.S. firms from supplying telecommunications firm ZTE Corp , two people briefed on the talks said.

Reuters Technology
May 21, 2018

Amazon taps former NBC executive to help run TV programming
(Reuters) - Amazon.com Inc said on Monday it had hired Vernon Sanders to help run its television productions, tapping a former NBC executive who oversaw shows such as "The Blacklist," "Friday Night Lights" and "30 Rock" for the U.S. network.

Reuters Technology
May 21, 2018

As bitcoin world wobbles, mining rig company plans $2 billion IPO
HONG KONG (Reuters) - Bitcoins are worth less than half of what they were in December. Mining them is 60 percent less profitable than it was in 2017. Even retailers of hobbyist mining rigs say they are seeing fewer customers.

Reuters Technology
May 21, 2018

Microsoft, Google find fresh flaw in chips, but risk is low
(Reuters) - Cyber security researchers have found a new security flaw that affects a broad swath of modern computing chips and is related to the Spectre and Meltdown chip flaws that emerged in January.

Reuters Technology
May 21, 2018

As Zuckerberg heads to Brussels, British lawmakers ask for answers
LONDON, May 22 (Reuters) - British lawmakers want their European counterparts to quiz Facebook FB.O CEO Mark Zuckerberg about a scandal over improper use of millions of Facebook users' data, as he will not give evidence in London himself.

Reuters Technology
May 21, 2018

Former Uber engineer sues, tests new sex-based claims policy
(Reuters) - A former software engineer at Uber Technologies Inc [UBER.UL] filed a lawsuit on Monday against the ride-hailing service on Monday, claiming she was subjected to years of sexual harassment there and subjected to retaliation for complaining about it.

Reuters Technology
May 21, 2018

Micron to buy back up to $10 billion of shares
(Reuters) - Micron Technology Inc said on Monday it would repurchase up to $10 billion of its shares, or about 16 percent of the company's market value, making it the memory chipmaker's biggest ever buyback.

Reuters Technology
May 21, 2018

Online lender Kabbage to launch payment services by year-end
NEW YORK (Reuters) - Kabbage Inc, a U.S. online lender for small businesses, plans to launch payment processing services by year-end, President Kathryn Petralia said on Monday, helping it to diversify and compete more directly with industry leaders PayPal Holdings Inc and Square Inc.

Reuters Technology
May 21, 2018

Tesla Model 3 fails to get Consumer Reports nod due to 'big flaws'
(Reuters) - Influential U.S. magazine Consumer Reports will not recommend Tesla Inc's Model 3 sedan, saying on Monday it braked slower than a full-sized pickup truck, taking the shine off a day of gains for shares in Elon Musk's electric car company.

Reuters Technology
May 21, 2018

Former Uber engineer sues company alleging sexual harassment: law firm
(Reuters) - A former software engineer at Uber Technologies Inc [UBER.UL] sued the ride-hailing service on Monday, claiming that she was subjected to sexual harassment during her employment but that her complaints were ignored, the law firm representing the plaintiff said.

Reuters Technology
May 21, 2018

Adobe to buy Magento Commerce for $1.68 billion
(Reuters) - Adobe Systems Inc said on Monday it would buy e-commerce services provider Magento Commerce from private equity firm Permira for $1.68 billion in cash, its biggest deal in nearly a decade.

Reuters Technology
May 21, 2018

Barack and Michelle's next act: TV deal with Netflix
LOS ANGELES (Reuters) - Former U.S. President Barack Obama and his wife, Michelle Obama, have struck a deal to produce films and series for Netflix Inc, the streaming service said on Monday, giving the former first couple a powerful and unprecedented platform to shape their post-White House legacy.

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