NEWS: REUTERS TECHNOLOGY
Setup News Ticker
   NEWS: REUTERS TECHNOLOGY
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 Inc  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.

Reuters Technology
Sep 19, 2018

Amazon launches in Turkey
Amazon.com Inc said on Wednesday it had launched activities in Turkey, offering products across 15 categories to customers across the country.

Reuters Technology
Sep 18, 2018

Microsoft introduces HoloLens to businesses through Dynamics 365 apps
Microsoft Corp announced on Tuesday new AI and mixed-reality applications for its Dynamics 365 online business software, putting to use its augmented-reality goggles HoloLens for businesses.

Reuters Technology
Sep 18, 2018

Britain's 'Wild West' crypto market should be regulated, say lawmakers
Britain's cryptocurrency market resembles the Wild West and should be regulated, lawmakers said on Wednesday, urging the government to bring to heel a sector plagued by volatile price swings, vulnerability to hacking and weak consumer protection.

Reuters Technology
Sep 18, 2018

U.S. senators seek punishment if China's ZTE violates deal
Republican and Democratic U.S. senators introduced a bill on Tuesday that would reimpose sanctions on China's ZTE Corp if it does not fully comply with U.S. laws and an agreement with the Trump administration that ended stiff restrictions on the telecommunications equipment company.

Reuters Technology
Sep 18, 2018

U.S. Justice Department probes Musk statement on taking Tesla private
Tesla Inc said on Tuesday the U.S. Department of Justice was investigating Chief Executive Elon Musk's public statements in August that he was considering taking the electric carmaker private, the latest and biggest threat to Musk and his leadership of the electric car maker.

Reuters Technology
Sep 18, 2018

Cryptocurrency exchanges at risk of manipulation: report
Several cryptocurrency exchanges are plagued by poor market surveillance, pervasive conflicts of interest and lack sufficient customer protections, the New York Attorney General's office said in a report published on Tuesday.

Reuters Technology
Sep 18, 2018

U.S. senators seek 'painful' punishment if China's ZTE violates deal
Republican and Democratic U.S. senators introduced a bill on Tuesday that would reimpose sanctions on China's ZTE Corp if it does not fully comply with U.S. laws and an agreement with the Trump administration that ended stiff restrictions on the telecommunications equipment company.

Reuters Technology
Sep 18, 2018

DoJ requests documents related to Musk statement on taking Tesla private
Tesla Inc said on Tuesday it received a request for documents from the U.S. Department of Justice over Chief Executive Elon Musk's public statements in August about taking the electric carmaker private.

Reuters Technology
Sep 18, 2018

Tesla, Musk face criminal probe over go-private statements: Bloomberg
Tesla Inc and its Chief Executive Elon Musk are under criminal investigation by the U.S. Department of Justice over public statements about taking the electric carmaker private, Bloomberg reported on Tuesday.

Reuters Technology
Sep 18, 2018

Tesla faces DoJ probe over Elon Musk's statement: Bloomberg
Tesla Inc is under investigation by the U.S. Department of Justice over public statements made by the company and its Chief Executive Elon Musk, Bloomberg reported on Tuesday, citing sources.

Reuters Technology
Sep 18, 2018

Exclusive: Qualcomm prepares to add new board directors - sources
Qualcomm Inc is preparing to add at least two new directors to its board, people familiar with the matter told Reuters, as the U.S. smartphone chip maker looks to appease shareholders who withheld voting support for its board last March.

Reuters Technology
Sep 18, 2018

Apple's new iPhones a slight notch above the X: reviewers
The absence of a striking new feature left major tech blogs and newspapers lukewarm on the new XS range of Apple Inc's iPhones in the first batch of reviews on Tuesday, although most praised the improvements to a wide range of standard features.

Reuters Technology
Sep 18, 2018

EU to scrap lawsuit against Ireland after Apple pays back taxes
EU antitrust regulators plan to drop legal action against Ireland after iPhone maker Apple paid 13.1 billion euros ($15.3 billion) in back taxes following a regulatory order two years ago, the European Commission said on Tuesday.

Reuters Technology
Sep 18, 2018

Apple CEO says optimistic on U.S.-China trade talks
Apple Inc Chief Executive Tim Cook, whose products have been spared from new U.S. tariffs imposed on Chinese goods, said on Tuesday he was optimistic that the United States and China will eventually work through their trade differences.

Reuters Technology
Sep 18, 2018

Ireland collects disputed Apple taxes in full ahead of appeal
Ireland has fully recovered 13.1 billion euros in disputed taxes from Apple Inc plus interest of 1.2 billion which it will hold in a escrow fund pending its appeal against an EU tax ruling, Ireland's finance minister said on Tuesday.

Reuters Technology
Sep 18, 2018

Ireland collects 14.3 billion euros from Apple ahead of tax appeal
Ireland has fully recovered 13.1 billion euros in disputed taxes from Apple Inc plus interest of 1.2 billion which it will hold in a escrow fund pending its appeal against an EU tax ruling, Ireland's finance minister said on Tuesday.

Reuters Technology
Sep 18, 2018

Renault-Nissan adopts Android in coup for Google
The Renault-Nissan-Mitsubishi carmaking alliance said on Tuesday it will adopt Alphabet's Google Android operating system, handing a victory to the U.S. tech giant as it pushes for a bigger share of the infotainment market.

Reuters Technology
Sep 18, 2018

Startup headed by Intel's ex-president releases first chips
Ampere Computing, the startup headed by Intel Corp's former president Renee James, on Tuesday said it released its first data center chips derived from the same underlying technology as mobile phone chips.

Reuters Technology
Sep 18, 2018

U.S. tech giants eye AI key to unlock China push
U.S. technology giants, facing tighter content rules in China and the threat of a trade war, are targeting an easier way into the world's second largest economy - artificial intelligence.

Reuters Technology
Sep 18, 2018

TomTom shares crash as carmakers opt for Google Maps
Shares in Dutch digital mapping company TomTom lost over a quarter of their value on Tuesday, as carmakers Renault, Nissan and Mitshubishi announced a partnership with rival Google.

Reuters Technology
Sep 18, 2018

Alibaba's Jack Ma says U.S.-China trade friction could last 20 years
Alibaba chairman Jack Ma said on Tuesday that trade frictions between the United States and China could last for two decades and would be "a mess" for all parties involved, citing weak trade rules.

Reuters Technology
Sep 18, 2018

In coup for Google, Renault-Nissan embraces Android infotainment
The Renault-Nissan-Mitsubishi carmaking alliance said on Tuesday it will use Alphabet's Google Android operating system in future vehicles - handing a victory to the U.S. tech giant which seeks to carve out a bigger share of the infotainment market.

Reuters Technology
Sep 18, 2018

South African fintech JUMO to expand in Asia with Goldman Sachs backing
South Africa-based financial technology firm JUMO plans to expand in high-growth Asian markets after securing the backing of Goldman Sachs in an equity funding round, the company's chief executive said.

Reuters Technology
Sep 18, 2018

Google to provide Renault-Nissan next-generation media system: Wall Street Journal
The Renault-Nissan alliance has picked Google's Android operating system to power its next-generation media system, the Wall Street Journal reported on Tuesday.

Reuters Technology
Sep 18, 2018

China central bank warns investors of ICOs and virtual currency risks
China's central bank Shanghai Head Office said on Tuesday investors should increase risk awareness for initial coin offerings (ICOs) and virtual currency investment and not blindly speculate in the market.

Reuters Technology
Sep 18, 2018

IKEA's services platform TaskRabbit expands to Canada
Small jobs online platform TaskRabbit, which was bought last year by the word's biggest furniture retailer IKEA Group, said on Tuesday it was expanding into Canada, its third market after the United States and Britain.

Reuters Technology
Sep 18, 2018

India's Ola forays into New Zealand in latest overseas push
Indian ride-hailing platform Ola said on Tuesday it plans to launch operations in New Zealand, and expand its overseas rivalry with U.S.-based peer Uber Technologies Inc.

Reuters Technology
Sep 18, 2018

Audi launches electric SUV in Tesla's backyard, with assist from Amazon
German luxury car brand Audi on Monday staged the global launch of a new electric sport utility vehicle on the home turf of rival Tesla Inc , and highlighted a deal with Amazon.com Inc to make recharging its forthcoming e-tron models easier.

Reuters Technology
Sep 17, 2018

Japan fashion guru Maezawa lands first SpaceX moon flight
SpaceX, Elon Musk's space transportation company, on Monday named its first private passenger on a voyage around the moon as Japanese billionaire Yusaku Maezawa, the founder and chief executive of online fashion retailer Zozo.

Reuters Technology
Sep 17, 2018

SpaceX's first private passenger is Japanese fashion magnate Maezawa
SpaceX, Elon Musk's space transportation company, on Monday named its first private passenger as Japanese businessman Yusaku Maezawa, the founder and chief executive of online fashion retailer Zozo.

Reuters Technology
Sep 17, 2018

U.S. duties spare Apple gadgets but hit cloud industry
The United States will spare Apple Inc's Watch and other consumer gadgets from the latest round of tariffs on Chinese goods, according to a list of products released by the U.S. Trade Representative (USTR) on Monday.

Reuters Technology
Sep 17, 2018

U.S. to spare Apple watch, many gadgets from new China tariffs
The United States will spare Apple Inc's Watch and other consumer gadgets from the latest round of tariffs on Chinese goods, a senior administration official said in a last-minute reprieve for the technology industry on Monday.

Reuters Technology
Sep 17, 2018

Oracle first-quarter revenue misses estimates, shares fall
Oracle Corp on Monday reported first-quarter revenue that narrowly missed analysts' estimates, suggesting that the business software maker was struggling to make inroads in the highly competitive cloud computing market.

Reuters Technology
Sep 17, 2018

Elon Musk's SpaceX to name first passenger for moon voyage
SpaceX, Elon Musk's space transportation company, was set on Monday to name the first private passenger who will take a trip around the moon aboard its forthcoming Big Falcon Rocket spaceship, taking the race to commercialize space travel to new heights.

Reuters Technology
Sep 17, 2018

Oracle first-quarter revenue misses, shares fall
Business software maker Oracle Corp on Monday missed revenue estimates for the first quarter, as sales in its cloud services and license support unit disappointed, sending its shares down 5 percent in extended trading.

Reuters Technology
Sep 17, 2018

Boeing unit launches new military drone
Insitu Inc, a unit of Boeing Co, on Monday launched a military drone enabled with satellite communications and an extended range of operations aiming to land both U.S. and international customers.

Reuters Technology
Sep 17, 2018

U.S. to spare some Apple products from latest China tariffs: Bloomberg
The United States will spare some technology products including Apple Inc's Watch and AirPods from the next round of tariffs it is imposing on Chinese goods, Bloomberg reported on Monday, citing two people familiar with the matter.

Reuters Technology
Sep 17, 2018

Uber in talks to buy Dubai ride-hailing rival Careem: Bloomberg
Ride-hailing company Uber Technologies Inc [UBER.UL] is in talks to buy Dubai-based rival Careem Networks FZ for about $2 billion to $2.5 billion, Bloomberg reported on Monday, citing people familiar with the matter.

Reuters Technology
Sep 17, 2018

Qualcomm, Apple kick off second trial seeking iPhone import ban
A second trial between Apple Inc and Qualcomm Inc before the U.S. International Trade Commission began Monday in Washington, D.C., with the iPhone maker squaring off against the world's biggest mobile chipmaker over whether Apple should be banned from importing several recent iPhone models to the United States.

Reuters Technology
Sep 17, 2018

Saudi's PIF invests more than $1 billion in electric carmaker Lucid Motors
Saudi Arabia's Public Investment Fund (PIF) has agreed to invest more than $1 billion in Lucid Motors, adding to the emerging competition facing U.S. electric vehicle maker Tesla .

Reuters Technology
Sep 17, 2018

Uber in talks to buy Dubai riding-hailing rival Careem: Bloomberg
Ride-hailing company Uber Technologies Inc is in talks to buy Dubai-based rival Careem Networks FZ for about $2 billion to $2.5 billion, Bloomberg reported on Monday, citing people familiar with the matter.

Reuters Technology
Sep 17, 2018

Saudi's PIF invests over $1 billion in electric carmaker Lucid Motors
Saudi Arabia's Public Investment Fund said on Monday it had agreed to invest more than $1 billion in Silicon Valley-based Lucid Motors to produce electric vehicles.

Reuters Technology
Sep 17, 2018

Exclusive: Bayer puts stake in chemical park operator up for sale - sources
Bayer is inviting financial investors to bid for its 60 percent stake in chemical park operator Currenta after initially failing to agree a sale to its former chemicals subsidiary Covestro, three people familiar with the matter told Reuters.

Reuters Technology
Sep 17, 2018

Volkswagen group plans to build 10 million e-cars in first wave
Volkswagen plans to build 10 million electric cars based on its new modular MEB platform, the German car maker said on Monday, as it targets the launch of worldwide mass production toward the end of 2022.

Reuters Technology
Sep 17, 2018

Saudi's PIF invests more than $1 billion in Lucid Motors
Saudi Arabia's Public Investment Fund said on Monday it had agreed to invest more than $1 billion in Lucid Motors to produce electric vehicles.

Reuters Technology
Sep 17, 2018

Amazon investigating claims of employees leaking data for bribes
Amazon.com Inc said on Monday it was investigating suspected internal leaks of confidential information by its employees for bribes to remove fake reviews and other seller scams from its website.

Reuters Technology
Sep 17, 2018

Altaba settles cases related to 2014 Yahoo breach for $47 million
Altaba Inc, formerly known as Yahoo! Inc, said https://www.sec.gov/Archives/edgar/data/1011006/000119312518274605/d615583dex991.htm on Monday it expects to incur a total of $47 million in litigation expenses to settle the three cases for failing to disclose the 2014 cyber security breach.

Reuters Technology
Sep 17, 2018

Ukrainians relive bloodshed of Kiev's Maidan in virtual reality
A volunteer medic and the man whose life he saved. A lawmaker whose Facebook post calling for protests in Kiev's Maidan square helped bring down a president.

Reuters Technology
Sep 17, 2018

EU antitrust ruling on Microsoft buy of GitHub due by October 19
EU antitrust regulators will decide by Oct. 19 whether to clear U.S. software giant Microsoft's $7.5 billion acquisition of privately held coding website GitHub.

Reuters Technology
Sep 17, 2018

Go-Jek aims to raise $2 billion for Southeast Asia expansion: sources
Indonesian ride-hailing firm Go-Jek is seeking to raise about $2 billion from existing investors, including Tencent Holdings Ltd and JD.com, to fund its expansion plans in Southeast Asia, sources familiar with the matter said on Monday.

Reuters Technology
Sep 17, 2018

Musk says Tesla now in 'delivery logistics hell'
Tesla Inc's Chief Executive Officer Elon Musk on Sunday acknowledged that the electric carmaker's problems have now shifted to delivery logistics from production delays, the latest speed bump in its efforts to achieve profitability.

Reuters Technology
Sep 16, 2018

Musk says Tesla has gone from 'production hell' to 'delivery logistics hell'
Tesla Inc's Chief Executive Officer Elon Musk on Sunday acknowledged that the company was facing more logistical problems now than production delays, in response to a customer complaint on delivery delay.

Reuters Technology
Sep 16, 2018

As its trading debut looms, China's Meituan locked in battle of super-apps
Meituan Dianping, which raised $4.2 billion in its Hong Kong IPO, is one of China's super-apps, with 340 million users ordering groceries, paying bills, renting bikes and booking hotels - but it is far from alone.

Reuters Technology
Sep 16, 2018

Tesla to bring most collision repairs in-house: Musk
Tesla Inc is bringing most collision repairs in-house, Chief Executive Officer Elon Musk said in a tweet on Sunday, saying owners of the vehicles were experiencing excessive wait times at body shops.

Reuters Technology
Sep 16, 2018

Fire contained at Tesla Gigafactory in Nevada
A fire broke out at Tesla Inc's Gigafactory in Nevada's Tahoe-Reno Industrial Center late on Saturday but was contained by early Sunday and production had resumed, emergency officials and the company said.

Reuters Technology
Sep 16, 2018

Iran says Twitter shut legitimate accounts, but not anti-government ones
Iranian Foreign Minister Mohammad Javad Zarif on Sunday accused Twitter of closing accounts of "real" Iranians, while allowing anti-government ones backed by the United States.

Reuters Technology
Sep 14, 2018

Kleiner partner Mary Meeker leaving to start her own venture firm
Tech analyst Mary Meeker is leaving venture capital firm Kleiner Perkins Caufield & Byers LLC to start her own firm, Kleiner said on Friday.

Reuters Technology
Sep 14, 2018

Cryptocurrency project Tezos to launch main network next week
The Tezos cryptocurrency project is preparing to launch the long-awaited main version of its network that underpins a new virtual token on Monday, a Swiss foundation that promotes the initiative said on Twitter on Friday.

Reuters Technology
Sep 14, 2018

U.S. union urges states to look into T-Mobile purchase of Sprint
The Communication Workers of America labor union, which opposes T-Mobile's proposed purchase of rival Sprint, has written to all 50 state attorneys general to highlight potential job losses from the proposed deal as well as antitrust concerns.

Reuters Technology
Sep 14, 2018

Cryptocurrency project Tezos to launch main network next week: document
The Tezos cryptocurrency project is preparing to launch the long-awaited main version of its network that underpins a new virtual token on Monday, according to a message seen by Reuters from Ryan Jesperson, the president of a Swiss foundation that promotes the initiative.

Reuters Technology
Sep 14, 2018

New York sues U.S. to stop fintech bank charters
New York state's top banking regulator on Friday sued the federal government to void its decision to award national bank charters to online lenders and payment companies, saying it was unconstitutional and put vulnerable consumers at risk.

Reuters Technology
Sep 14, 2018

New York sues U.S. regulator for allowing fintech bank charters
New York state's top banking regulator on Friday sued the U.S. Office of the Comptroller of the Currency, seeking to void its decision to begin granting national bank charters to online lenders and payment companies.

Reuters Technology
Sep 14, 2018

New York regulator sues OCC for allowing fintech bank charters
New York state's top banking regulator on Friday sued the U.S. Office of the Comptroller of the Currency, seeking to void its decision to begin granting national bank charters to financial technology companies.

Reuters Technology
Sep 14, 2018

VW in talks on self-driving car standards: report
Germany's Volkswagen is in talks with other carmakers to set common standards for self-driving vehicle technology, Automotive News reported on Friday.

Reuters Technology
Sep 14, 2018

ECB has no plan to issue digital currency: Draghi
The European Central bank has no plan to issue a digital currency because the underlying technology is still fragile and the use of physical cash still high in the euro zone, the ECB president said on Friday.

  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • 617 482 1200
    617 299 8649 (fax)
  • Contact

©1999-2018 CEOExpress Company LLC