Austria, carmakers agree to update software of 600,000 diesel cars

VIENNA (Reuters) - Austria's Transport Minister Joerg Leichtfried said on Tuesday he had agreed with carmakers to update the software of 600,000 diesel cars to reduce pollution following a similar deal struck in Germany after a large-scale emissions scandal. Leichtfried said the deal also included e...

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Nestle, Unilever, Tyson and others team with IBM on blockchain

CHICAGO/NEW YORK, (Reuters) - Nestle SA (NESN.S), Unilever Plc (ULVR.L), Tyson Foods Inc (TSN.N) and other large food and retail companies have joined IBM's (IBM.N) project to explore how blockchain technology can help track food supply chains and improve safety, the companies said in a joint statem...

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Top Singapore taxi firm ComfortDelgro in exclusive talks with Uber

SINGAPORE (Reuters) - Singapore's biggest taxi operator, ComfortDelgro Corp Ltd (CMDG.SI), entered into exclusive talks with Uber Technologies Inc for a potential tie-up, it said on Tuesday, in a move that could help Uber in its fight with dominant ride-hailing firm Grab. ComfortDelgro signed a lett...

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Retail app maker Tulip raises $40 million from Kleiner Perkins, others

(Reuters) - Canada's Tulip Retail, which makes an app for retailers, said on Tuesday it raised $40 million in a funding round led by venture capital firm Kleiner Perkins Caufield & Byers. The Series B funding, which included existing investors such as Jump Capital, gives Kleiner Perkins' general...

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Ford, China's Zotye Auto plan JV to build electric vehicles

SHANGHAI (Reuters) - Ford Motor is exploring setting up a joint venture with Chinese firm Anhui Zotye Automobile Co to build electric passenger vehicles in China under a new brand, tapping into a boom for such vehicles in the world's top auto market. China, struggling with alarming pollution levels ...

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TD Ameritrade launches Facebook chatbot

NEW YORK (Reuters) - TD Ameritrade has launched a "chatbot", an automated program that can communicate with the brokerage's customers on Facebook Inc's messaging application, to give them information about markets and their accounts. TD Ameritrade's chatbot uses artificial intelligence and machine l...

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Fujitsu to sell mobile phone operations: Nikkei

(Reuters) - Fujitsu Ltd (6702.T) said on Monday it is looking to offload its mobile operations as the Japanese information technology company faces stiff competition from bigger rivals in a highly lucrative mobile phone market, the Nikkei Financial Daily reported. The company, which spun off its mob...

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CNN launches daily news show on Snapchat

(Reuters) - CNN on Monday began streaming "The Update," a daily show on Snapchat featuring at least five news stories each episode from reporters and bureaus around the world, to attract younger viewers. CNN, NBC and other networks are creating more digital content to reach millennials, who increasi...

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U.S. board to vote on likely cause of Tesla 'Autopilot' crash

WASHINGTON (Reuters) - The U.S. National Transportation Safety Board will vote at a Sept. 12 hearing on the probable cause of a May 2016 crash that killed a man using the semi-autonomous driving system on his Tesla Model S sedan, the agency said on Monday. The fatal incident raised questions about t...

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Conservative Canadian site The Rebel disrupted as its loses domain provider

TORONTO (Reuters) - Conservative Canadian website The Rebel said its domain provider cut its internet registration, making the site inaccessible to some users around the world on Monday as the company scrambled to get back online using a second provider. The move comes after GoDaddy Inc, Alphabet In...

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Israel's TowerJazz to set up China chip plant with Tacoma Semi

JERUSALEM (Reuters) - Israeli chipmaker TowerJazz is linking up with Tacoma Semiconductor Technology Co to establish a fabrication plant in Nanjing, China to make 8-inch wide wafers, as it seeks a foothold in the world's second-largest economy. TowerJazz shares jumped 6.5 percent to $26.64 in early ...

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Sinopec's Shengli Oilfield cuts Internet for some offices after cyber attack

BEIJING (Reuters) - Sinopec's (600028.SS) Shengli Oilfield said it will cut its Internet connection for some of its offices after a malicious ransom software attacked of 21 of its Internet terminals, the company said on its official website on Monday. Sinopec's Shengli Oilfield became the latest vic...

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PwC Japan exec denies political pressure on Toshiba audit

TOKYO (Reuters) - The head of auditor PricewaterhouseCoopers Aarata LLC on Monday denied it came under political pressure to sign off on an annual financial report by Toshiba Corp, a move which helped the troubled Japanese conglomerate avert a delisting. PwC earlier this month endorsed Toshiba's ann...

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Taiwan's Foxconn to build three ancillary facilities as part of Wisconsin LCD campus

TAIPEI (Reuters) - Taiwanese electronics manufacturer Foxconn on Monday said it plans to build three facilities in the U.S. state of Wisconsin for operation as early as next year, as part of a campus housing a $10 billion liquid crystal display (LCD) factory due for 2020. Foxconn, which makes electr...

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Uber hikes Hong Kong fees amid legal troubles

HONG KONG (Reuters) - Uber Technologies Inc UBER.UL on Monday hiked its Hong Kong fees by up to 80 percent after a review of its business there, the embattled ridesharing company said, adding it was not having issues financing its operations in the Asian financial hub. The San Francisco-based techno...

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India's Infosys shares extend losses after CEO quit

MUMBAI (Reuters) - Shares of India's Infosys Ltd fell as much as 4.6 percent on Monday to a near three-year low, slumping for a second consecutive session, after brokerages including Nomura downgraded the stock following the resignation of its chief executive. Shares slumped 9.6 percent on Friday af...

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Japan launches satellite for advanced GPS operation

TOKYO (Reuters) - Japan on Saturday launched an H-2A rocket carrying a geo-positioning satellite into orbit after a week-long delay, the government said. The launch of Japan's third geo-positioning satellite is part of its plan to build a version of the U.S. global positioning system (GPS) to offer ...

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NuTonomy hopes for second-quarter 2018 launch of paid Singapore self-driving car rides

SAN FRANCISCO (Reuters) - U.S. self-driving car startup NuTonomy and southeast Asian ride services partner Grab hope to turn a test pilot in Singapore into a paid, commercial service as soon as the second quarter of next year, NuTonomy Chief Executive Karl Iagnemma said on Friday. Ride services comp...

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U.S. formally launches probe of China's intellectual property practices

WASHINGTON (Reuters) - The United States on Friday formally launched an investigation into China's alleged theft of U.S. intellectual property, a widely expected move following a call from President Donald Trump earlier this week to determine whether one was needed. “After consulting with stak...

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BlackBerry rally derailed as investors lose patience on turnaround

TORONTO (Reuters) - BlackBerry Ltd (BB.TO)(BBRY.O) shares have been plunging from their more than two-year high hit in June after lackluster earnings and competitive threats have raised doubts about prospects for a turnaround at the business software maker. At Friday's price of about $8.70, BlackBer...

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