(Reuters) - Electric carmaker Tesla Inc said on Wednesday it would pay $700,000 to its global sales and service president, Jon McNeill, if he met certain targets for 2017. Elon Musk-run Tesla has been counting on its least pricey electric sedan, Model 3, to become a profitable and high-volume manufa...
SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] reported on Wednesday that its losses narrowed in the second quarter by 9 percent and ride bookings rose, but the company is still a long way from being profitable. Uber said its net loss was $645 million, down from $708 million in the first ...
(Reuters) - Facebook Inc on Wednesday named one of its veteran executives Andrew Bosworth to lead all of its consumer hardware efforts, including its Building 8 division, the Business Insider reported. Facebook launched the research shop, called Building 8, last year to conduct long-term work that m...
(Reuters) - The engineer fired from Google for writing a memo critical of the company's diversity hiring policies has hired a lawyer who is a member of the Republican National Committee to represent him. James Damore has not sued Google, a unit of Alphabet Inc (GOOGL.O), over his termination but sai...
(Reuters) - HP Inc, which houses the hardware business of former Hewlett-Packard Co, reported a fourth straight rise in quarterly revenue, helped by higher demand for its personal computers. The company said revenue rose 10 percent to $13.1 billion in the third quarter ended July 31, from $11.89 bil...
SEOUL (Reuters) - Samsung Electronics Co Ltd set out to wipe the slate clean in New York on Wednesday with a new Galaxy Note 8 phablet, hoping features such as dual rear cameras and its biggest-ever screen will extinguish memories of its fire-prone predecessor.
LOS ANGELES (Reuters) - Whole Foods Market Inc on Wednesday said shareholders in the natural and organic grocery chain cleared the way for its proposed $13.7 billion sale to Amazon.com Inc. The companies expect to close the deal in the latter half of this year. Whole Foods declined further comment. ...
BERLIN (Reuters) - Protecting people rather than property or animals will be the priority under pioneering new German legal guidelines for the operation of driverless cars, the transport ministry said on Wednesday. Germany is home to some of the world's largest car companies, including Volkswagen (V...
TOKYO (Reuters) - A Japanese company has introduced a new role for SoftBank's humanoid robot "Pepper" - a Buddhist priest for hire at funerals. Chanting sutras in a computerized voice while tapping a drum, the robot was on display on Wednesday at a funeral industry fair - the Life Ending Industry Ex...
TOKYO (Reuters) - Japan's Toshiba Corp sold $58.5 million worth of shares in Mitsubishi UFJ Financial Group on Wednesday, a source told Reuters, as the conglomerate struggles with losses from its bankrupt U.S. nuclear business. Toshiba sold 9.9 million shares in banking group Mitsubishi UFJ for 6.4 ...
SAN FRANCISCO (Reuters) - What is the true cost of an Uber ride? That simple question is often lost among the many controversies facing the ride-services company as it tries to hire a new chief executive and resolve a bitter dispute with the old one, Travis Kalanick. But it may be the most important...
BEIJING (Reuters) - Chinese conglomerate Fosun Group has made a foray into blockchain with an investment in the Shanghai startup behind Onchain, a local version of the much-hyped technology that underpins virtual currencies such as bitcoin. Fosun is the sole investor in the first round of fundraisin...
CHICAGO (Reuters) - Wal-Mart Stores Inc (WMT.N) is teaming up with Alphabet Inc's (GOOGL.O) Google to enter the nascent voice-shopping market, currently dominated by Amazon.com Inc (AMZN.O), adding another front to Wal-Mart's battle with the online megastore. Google, which makes the Android software...
SINGAPORE (Reuters) - Real estate developer CapitaLand Ltd on Wednesday said it had signed agreements to manage e-commerce giant Alibaba Group Holding Ltd's Shanghai headquarters and to launch an online mall on Lazada Singapore's platform. The deals by CapitaLand, among Asia's largest shopping mall ...
TOKYO (Reuters) - Japan's Toshiba Corp is prioritizing talks with Western Digital to sell its memory chip business, as negotiations with a previously preferred bidder have stalled, the Nikkei business daily reported on Wednesday. Toshiba is scrambling to sell its flash memory unit to cover losses fr...
SAN FRANCISCO (Reuters) - Alphabet Inc’s Google this week will disclose technical details of its new Titan computer chip, an elaborate security feature for its cloud computing network that the company hopes will enable it to steal a march on Amazon.com Inc and Microsoft Corp. Titan is the size...
SINGAPORE (Reuters) - Researchers who warned half a dozen robot manufacturers in January about nearly 50 vulnerabilities in their home, business and industrial robots, say only a few of the problems have been addressed. The researchers, Cesar Cerrudo and Lucas Apa of cybersecurity firm IOActive, sai...
(Reuters) - Website hoster GoDaddy Inc said on Tuesday Chief Operating Officer Scott Wagner would succeed Chief Executive Blake Irving, who would be retiring effective Dec. 31. Irving will continue to serve on GoDaddy's board through June 2018, the company said. [nPn53RgV9a] Reporting by Arunima Ban...
I recently heard from a police detective who was seeking help identifying some strange devices found on two Romanian men caught maxing out stolen credit cards at local retailers. Further inspection revealed the devices to be semi-flexible data transfer wands that thieves can use to extract stolen AT...
I recently heard from a police detective who was seeking help identifying some strange devices found on two Romanian men caught maxing out stolen credit cards at local retailers. Further inspection revealed the devices to be semi-flexible data transfer wands that thieves can use to extract stolen AT...
