SAN FRANCISCO (Reuters) - Alphabet Inc’s Waymo unit is seeking about $2.6 billion from Uber for the alleged theft of one of several trade secrets in a lawsuit over self-driving cars, a lawyer for Uber said on Wednesday. Uber Technologies Inc attorney Bill Carmody disclosed the figure in a hear...
SAN FRANCISCO (Reuters) - An Uber [UBER.UL] lawyer on Wednesday said Alphabet Inc’s Waymo unit is seeking about $2.6 billion for the alleged theft of one of several trade secrets in a lawsuit over self-driving cars. Uber Technologies Inc attorney Bill Carmody disclosed the figure in a hearing ...
(Reuters) - Alphabet Inc’s (GOOGL.O) Google is close to acquiring assets of Taiwanese smartphone maker HTC Corp (2498.TW), Bloomberg reported, citing a person familiar with the matter. The Taiwan stock exchange said on Wednesday that HTC shares will be halted from Sept. 21 on a pendi...
LONDON (Reuters) - Amazon.com (AMZN.O) said on Wednesday it was reviewing its website after an investigation found that it could help users buy the ingredients to make a bomb using its “Frequently bought together” and “Customers who bought this also bought” features. Britain&...
BRUSSELS (Reuters) - Removing extremist content from the internet within a few hours of it appearing poses “an enormous technological and scientific challenge”, Google’s general counsel will say later on Wednesday to European leaders who want it taken down quicker. Kent Walker, gen...
BRUSSELS (Reuters) - Digital companies in the European Union pay in tax less than half the amount paid by traditional firms, the European Commission said in a draft report which backs plans to increase the tax bill of firms like Amazon or Facebook. In the report to be adopted on Thursday, the Commis...
TOKYO (Reuters) - Japan’s Toshiba Corp said on Wednesday it has agreed to sell its prized semiconductor business to a group led by U.S. private equity firm Bain Capital LP, a key step in keeping the struggling Japanese conglomerate listed on the Tokyo exchange. Toshiba said in a nighttime anno...
HONG KONG/SINGAPORE (Reuters) - Slowing innovation at iPhone maker Apple gives Asian rivals their best chance yet to conquer developed markets, retailers and consumers say - thanks to better designs and lower prices. Apple last week unveiled new iPhones with wireless charging, an edge-to-edge screen...
ZURICH (Reuters) - ABB will deliver 117 electric vehicle charging stations to German utility EnBW, the Swiss engineering company said on Wednesday. Power utilities such as EnBW, tech start-ups and oil majors are vying to become dominant players in the fast-growing business of charging stations. Thes...
(Reuters) - Uber Technologies Inc [UBER.UL], which is the subject of a U.S. federal probe into whether it broke bribery laws, has started a review of its Asia operations and notified U.S. authorities about payments made by staff to police officers in Indonesia, a person familiar with the matter told...
(Reuters) - Amazon.com Inc is working on its first wearable device - a pair of ‘smart glasses’, the Financial Times reported on Wednesday. The device, designed like a regular pair of spectacles, will allow Amazon's digital assistant Alexa to be summoned anytime at all places, the report ...
UNITED NATIONS (Reuters) - The leaders of Britain, France and Italy will push social media companies on Wednesday to remove “terrorist content” from the internet within one to two hours of it appearing because they say that is the period when most material is spread. British Prime Minist...
(Reuters) - Uber Technologies Inc [UBER.UL], which is the subject of a federal probe into whether it broke bribery laws, has started a review of its Asia operations and notified U.S. officials about payments made by staff in Indonesia, Bloomberg reported, citing people with knowledge of the matter. ...
(Reuters) - A technical glitch caused Amazon.com Inc to email some of its customers erroneously that they had received a gift, a spokeswoman said in a statement on Tuesday. The email displayed an image of a crawling infant and told shoppers that they had received a present from their baby registry. ...
TOKYO (Reuters) - Toshiba Corp (6502.T) is shifting back toward selling its prized semiconductor unit to a group backed by joint venture partner Western Digital Corp (WDC.O), people familiar with the deal said. Just days ago the Japanese firm said it was leaning toward a rival bid for the $18 billio...
(Reuters) - Massachusetts Attorney General Maura Healey filed a lawsuit on Tuesday against credit reporting firm Equifax Inc (EFX.N) following a breach that exposed the personal data of up to 143 million people, including 3 million in the state. Equifax said on Tuesday that the massive breach of sen...
SAN FRANCISCO (Reuters) - Shares of Tesla (TSLA.O) fell from record highs on Tuesday after an analyst warned that the electric car maker may take longer than expected to become profitable. Jefferies analyst Philippe Houchois launched coverage of Tesla with an “underperform” rating, helpi...
BRUSSELS (Reuters) - Twitter Inc said that its internal controls were allowing it to weed out accounts being used for the “promotion of terrorism” earlier rather than responding to government requests to close them down. U.S. and European governments have been pressuring social media com...
(Reuters) - Massachusetts Attorney General Maura Healey filed a lawsuit on Tuesday against credit reporting firm Equifax Inc (EFX.N) following a breach that exposed the personal data of as many as 143 million people, including 3 million in the state. Equifax’s share price has fallen by about o...
TORONTO (Reuters) - Credit scoring company Equifax Inc said on Tuesday that the personal details of around 100,000 Canadians were exposed in the massive breach it disclosed earlier this month. The company said criminals got access to files containing personal information of some Canadian consumers -...
