Navistar, VW will collaborate on electric truck, connectivity

DETROIT (Reuters) - Commercial truck partners Navistar International Corp and Volkswagen AG’s (VOWG_p.DE) Truck and Bus said on Monday they will launch an electric medium-duty truck in North America by late 2019, and develop common hardware and systems to connect trucks to the internet. Volksw...

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Dubai starts tests in bid to become first city with flying taxis

DUBAI (Reuters) - Dubai staged a test flight on Monday for what it said would soon be the world’s first drone taxi service under an ambitious plan by the United Arab Emirates city to lead the Arab world in innovation. The flying taxi developed by German drone firm Volocopter resembles a small,...

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Canadian Man Gets 9 Months Detention for Serial Swattings, Bomb Threats

A 19-year-old Canadian man was found guilty of making almost three dozen fraudulent calls to emergency services across North America in 2013 and 2014. The false alarms, two of which targeted this author — involved phoning in phony bomb threats and multiple attempts at “swatting&rdqu...

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Canadian Man Gets 9 Months Detention for Serial Swattings, Bomb Threats

A 19-year-old Canadian man was found guilty of making almost three dozen fraudulent calls to emergency services across North America in 2013 and 2014. The false alarms, two of which targeted this author — involved phoning in phony bomb threats and multiple attempts at “swatting&rdqu...

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Deloitte hit by cyber attack, says 'very few' clients affected

LONDON (Reuters) - Global accountancy firm Deloitte [DLTE.UL] said on Monday it had been hit in a cyber attack that had compromised the data of a small number of its clients, but gave few details about how its systems had been breached. Attackers had accessed data from the company’s email plat...

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Daimler Trucks to test truck 'platooning' technology on U.S. roads

(Reuters) - German automaker Daimler AG’s trucks division said it would test on U.S. roads a new technology called “platooning”, which allows large digitally-connected trucks to save fuel by driving close to each other in a row. Portland, Oregon-based Daimler Trucks North America L...

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Deloitte hit by sophisticated cyber attack: Guardian newspaper

LONDON (Reuters) - Global accountancy firm Deloitte [DLTE.UL] has been hit by a sophisticated hack that resulted in a breach of confidential information and plans from some of its biggest clients, Britain’s Guardian newspaper said on Monday. Deloitte - one of the big four professional services...

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Microsoft makes Teams primary teamwork hub, replacing Skype for Business

SAN FRANCISCO (Reuters) - Microsoft Corp’s Teams application will be replacing Skype for Business as the company’s primary teamwork software, Microsoft said on Monday, in its latest effort to defend against the threat of upstart Slack in the workplace collaboration software market. The c...

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Apologizing to London, Uber CEO offers change to keep license

LONDON (Reuters) - Uber’s new boss [UBER.UL] apologized to Londoners for the taxi app’s mistakes and pledged to make changes as the Silicon Valley firm tries to overturn a decision to strip it of its license in one of its major markets. The British capital’s transport regulator on ...

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Fighting for survival in London, Uber says it can improve

LONDON (Reuters) - Uber called on Monday for talks with London’s transport regulator as soon as possible and pledged to make improvements in the way it reports serious incidents in a bid to retain its license. On Friday, the British capital’s transport regulator deemed Uber unfit to run ...

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Uber says not clear what prompted London regulator to strip it of license

LONDON (Reuters) - Uber said on Monday it was not clear what concerns London’s transport regulator had for stripping it of its license as the taxi app battles to keep operating in one of the world’s wealthiest cities. On Friday, the British capital’s regulator deemed Uber unfit to ...

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Lazada expands Alibaba's Taobao marketplace in Southeast Asia

SINGAPORE (Reuters) - Online retailer Lazada Group said it will sell select items from Alibaba Group Holding Ltd’s Taobao marketplace in three more countries in Southeast Asia, expanding the partnership between the two e-commerce firms. Taobao Collection will be offered in Indonesia, the Phili...

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China's Leshi Internet plans to buy finance business from affiliate for 3 billion yuan

(Reuters) - The main listed unit of Chinese technology conglomerate LeEco said on Sunday that it plans to buy investment and financial service assets from an affiliate for up to 3 billion yuan ($455.24 million) as part of a restructuring exercise. Leshi Internet Information & Technology, a video...

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Britain's Deliveroo raises $385 million for food fight

LONDON (Reuters) - British food delivery company Deliveroo has raised $385 million in private funding, it said on Sunday, as it prepares for expansion to help it compete with publicly traded rivals such as Delivery Hero and Just Eat. The funding values the business at more than $2 billion and will a...

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Equifax or Equiphish?

More than a week after it said most people would be eligible to enroll in a free year of its TrustedID identity theft monitoring service, big three consumer credit bureau Equifax has begun sending out email notifications to people who were able to take the company up on its offer. But...

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Equifax or Equiphish?

More than a week after it said most people would be eligible to enroll in a free year of its TrustedID identity theft monitoring service, big three consumer credit bureau Equifax has begun sending out email notifications to people who were able to take the company up on its offer. But...

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Internet giants, once above the fray, on the defensive in Washington

WASHINGTON (Reuters) - Internet giants, including Alphabet’s Google (GOOGL.O) and Facebook (FB.O), are moving to compromise on several major policy issues as they adjust to an abrupt shift in the political winds in Washington. Just last week, the U.S. Senate took a big step toward advancing le...

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UK food delivery firm Deliveroo raises $385 million for expansion

LONDON (Reuters) - British takeaway food delivery firm Deliveroo has raised $385 million in new funding, the firm said in a statement on Sunday which set out that the money would help establish operations in new areas of the country and overseas. The firm said the funding round brought its total val...

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Amazon affiliate to buy $27.6 million stake in Indian retailer Shoppers Stop

MUMBAI (Reuters) - An affiliate of Amazon.com Inc has agreed to buy a 1.79 billion-rupee ($27.6 million) stake in Indian retailer Shoppers Stop Ltd, the Indian company said in a filing. Amazon.com NV Investment Holdings LLC, a foreign portfolio investor, will subscribe to about 4.4 million shares, e...

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A celebrity listing crashes Japanese exchange's party

TOKYO (Reuters) - On Japan’s newest exchange, fame can pay off. That may not be so great for investors though. Last month, Hikaru, a Japanese YouTube star so famous he can go by a single stage name, listed himself on Valu, a platform for people to raise money, often for personal projects or bu...

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