LONDON (Reuters) - Uber will defend its business model at a British employment tribunal on Wednesday arguing its drivers are self-employed and work the same way as those at long-established local taxi firms, according to a court document. The U.S. firm is appealing against a tribunal ruling last yea...
MOSCOW (Reuters) - Russia will block access to Facebook next year unless the social network complies with a law that requires websites which store the personal data of Russian citizens to do so on Russian servers, Russian news agencies reported on Tuesday. The threat was made by Russia’s commu...
(Reuters) - U.S. credit reporting firm Equifax Inc said on Tuesday its Chief Executive Richard Smith will retire, a week before he was expected to testify before a Senate Banking Committee in the wake of a massive cyber attack. Equifax disclosed earlier this month that personal details of up to 143 ...
(Reuters) - Ride-hailing service Uber [UBER.UL] will stop operating in the Canadian province of Quebec, CBC News reported, citing Radio Canada. Last week, Uber said in a statement that the “new and challenging” provincial regulations “significantly threaten” the company&rsquo...
BEIJING (Reuters) - Ant Financial, the payment affiliate of Alibaba Group Holding Ltd, said it will create a joint venture this year with CK Hutchison Holdings Ltd to operate its payment app in Hong Kong, ending Ant’s solo management of the service. The new venture will allow Ant Financial&rsq...
GROVE, England (Reuters) - A Formula One racing team is employing technology that helps racing drivers survive high speed crashes to create a new device that keeps newborn babies safe during emergency transportation. The device, known as the Babypod 20, is made from carbon fiber - the same material ...
WASHINGTON (Reuters) - A coalition of supporters of self-driving cars said on Tuesday that it will run ads this week in social media and Washington newspapers, in an effort to convince the U.S. Congress to adopt sweeping legislation to boost the nascent industry. The ads are being placed by the Coal...
TOKYO (Reuters) - Western Digital Corp (WDC.O) said on Tuesday it will seek an injunction to block the sale of Toshiba Corp’s (6502.T) prized semiconductor business to a rival group, upping the ante in an acrimonious battle with its chip venture partner. The latest legal action by the U.S. fir...
HONG KONG (Reuters) - Chinese e-commerce firm Alibaba Group announced it will invest 100 billion yuan ($15.12 billion) over five years to build a global logistics network and also take control of a $20 billion unit, underpinning an aggressive overseas expansion. Alibaba is investing 5.3 billion yuan...
HONG KONG (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd is raising its stake in logistics affiliate Cainiao Smart Logistics Network Ltd to 51 percent from 47 percent by investing 5.3 billion yuan ($801.21 million), Alibaba said on Tuesday. Alibaba also said in a statement it will in...
TORONTO (Reuters) - A Toronto artificial intelligence institute set up in March with more than $150 million of public and private funding has named Carnegie Mellon professor Garth Gibson as its first chief executive. The Vector Institute, which the Canadian government set up this year in a bid to he...
NEW YORK (Reuters) - Facebook Inc and Alphabet Inc’s Google have little choice but to rein in internet political ads in the face of growing U.S. government pressure, a panel of advertising consultants and executives said on Monday. Speaking at a trade conference, the marketers seized on allega...
Deloitte, one of the world’s “big four” accounting firms, has acknowledged a breach of its internal email systems, British news outlet The Guardian revealed today. Deloitte has sought to downplay the incident, saying it impacted “very few” clients. But according to...
Deloitte, one of the world’s “big four” accounting firms, has acknowledged a breach of its internal email systems, British news outlet The Guardian revealed today. Deloitte has sought to downplay the incident, saying it impacted “very few” clients. But according to...
SAN FRANCISCO (Reuters) - Technology stocks including Facebook (FB.O), Microsoft (MSFT.O) and Alphabet (GOOGL.O) dropped sharply on Monday, increasing worries that the top-performing sector is falling out of favor as investors look elsewhere for cheaper opportunities. Facebook fell 4.6 percent, on t...
WASHINGTON (Reuters) - The chairman of the U.S. Securities and Exchange Commission belatedly found out in August, about three months after being confirmed, that hackers breached the regulator’s database of corporate announcements in 2016, according to prepared congressional testimony seen by R...
FRANKFURT/LONDON (Reuters) - Lyft, Uber’s closest U.S. rival in the taxi-hailing business, met repeatedly with officials from London’s transport regulator over the past year, a sign it may be targeting the city for international expansion. Transport for London (TfL), which oversees taxi ...
SAN FRANCISCO (Reuters) - Shares of Apple Inc dipped on Monday and flirted with correction territory following a report that the company had told suppliers to scale back shipments of parts for its upcoming iPhone X. Digitimes, citing unnamed sources, reported that Apple suppliers were shipping just ...
WASHINGTON (Reuters) - The chairman of the U.S. Securities and Exchange Commission (SEC) only learned in August that hackers had last year breached the regulator’s database of corporate announcements, according to prepared congressional testimony seen by Reuters on Monday. The SEC’s enfo...
LONDON/TORONTO (Reuters) - Global accounting firm Deloitte [DLTE.UL] said on Monday it was the victim of a cyber attack that affected the data of a small number of clients, providing few details on the breach. Deloitte said in a statement that attackers accessed data from the company’s email p...
