China e-car newcomer Future Mobility raises $200M in new financing

BEIJING (Reuters) - A Chinese-funded electric-car startup Future Mobility Corp, led by former BMW and Nissan Motor Co sales executive as president and co-founder, has raised $200 million in its latest round of financing. Slideshow (2 Images) Daniel Kirchert, Future Mobility's president, told Reuters...

Continue reading

Tech companies ramp up NAFTA lobbying on eve of trade talks

WASHINGTON (Reuters) - Technology companies, such as Microsoft (MSFT.O) and Cisco Systems (CSCO.O) have ramped up lobbying ahead of talks to renegotiate the North American Free Trade Agreement, looking to avoid any future restrictions on cloud storage and to promote an international pact to eliminat...

Continue reading

Lawsuit over false online data revived after U.S. top court review

NEW YORK (Reuters) - A federal appeals court on Tuesday revived a California man's lawsuit accusing Spokeo Inc of publishing an online profile about him that was filled with mistakes. The 9th U.S. Circuit Court of Appeals ruled 3-0 in favor of Thomas Robins, 15 months after the U.S. Supreme Court as...

Continue reading

Uber settles U.S. allegations over privacy, security: FTC

WASHINGTON (Reuters) - U.S. regulators said on Tuesday that Uber Technologies Inc agreed to do more to protect the privacy of customer and driver data in settling allegations that the ride-hailing company had made deceptive privacy and data security claims. In its complaint, the FTC alleged Uber UBE...

Continue reading

Amazon opens 'Instant Pickup' points in U.S. brick-and-mortar push

BERKELEY, Ca (Reuters) - Amazon.com Inc is rolling out pickup points in the United States where shoppers can retrieve items immediately after ordering them, shortening delivery times from hours to minutes, the company said on Tuesday. The world's largest online retailer has launched 'Instant Pickup'...

Continue reading

Tech companies urge U.S. Supreme Court to boost cellphone privacy

WASHINGTON (Reuters) - More than a dozen high technology companies and the biggest wireless operator in the United States, Verizon Communications Inc (VZ.N), have called on the U.S. Supreme Court to make it harder for government officials to access individuals' sensitive cellphone data. The companie...

Continue reading

Angry Birds maker Rovio's sales jump on movie boost

HELSINKI (Reuters) - Finnish mobile games and animation studio Rovio Entertainment Ltd said on Tuesday its sales in the first half of the year almost doubled following the success of "The Angry Birds Movie." First-half revenue rose to 152.6 million euros ($179.7 million) from 78.5 million a year ear...

Continue reading

Uber says appeals one-month Philippine suspension, resuming services

MANILA (Reuters) - Uber [UBER.UL] said on Tuesday it had appealed to the Philippine authorities to reconsider a one-month suspension handed out to the ride-hailing firm a day earlier, and was resuming services as it waits for a decision. The Land Transportation Franchising and Regulatory Board (LTFR...

Continue reading

On the cards: Revenue surge for China's Tencent from popular fantasy game

HONG KONG (Reuters) - With as many active players as the population of Germany, the Honour of Kings mobile game will likely help boost Tencent's quarterly revenue by about 50 percent, shrugging off play-time curbs imposed by the firm to address addiction woes.

U.S. judge says LinkedIn cannot block startup from public profile data

(Reuters) - A U.S. judge on Monday ruled that Microsoft Corp's (MSFT.O) LinkedIn unit cannot prevent a startup from accessing public profile data, in a test of how much control a social media site can wield over information its users have deemed to be public. U.S. District Judge Edward Chen in San F...

Continue reading

Trump's probe on China intellectual property theft could spur change

WASHINGTON (Reuters) - U.S. President Donald Trump returned to Washington on Monday to authorize an inquiry into China's alleged theft of intellectual property, a step that analysts say is aimed at pressuring Beijing into a negotiated settlement to revise its practices. Trump broke from his 17-day v...

Continue reading

Qualcomm outlines impact of dispute with Apple after SEC request

(Reuters) - Chipmaker Qualcomm Inc on Monday disclosed further details about the impact of an ongoing dispute with Apple Inc, responding to questions from the U.S. Securities and Exchange Commission. Qualcomm, the largest maker of chips used in smartphones, said revenue in its CDMA technology busine...

Continue reading

Uber investor gave Kalanick a month before suing to force him off board

(Reuters) - Venture capital firm Benchmark Capital said on Monday it gave Uber and its ousted chief executive, Travis Kalanick, a month to review its recommendations before filing a lawsuit last week to force him off the board and rescind his ability to fill three seats. The lawsuit, filed last Thur...

Continue reading

Facebook expands Marketplace trading service across Europe

FRANKFURT (Reuters) - Facebook is stepping up its modest moves into e-commerce by expanding its service for connecting local buyers and sellers into 17 new European markets, the U.S. company said on Monday. Marketplace, which sits alongside Facebook's mainstay newsfeed, photo, video, messaging and o...

Continue reading

British cyber researcher pleads not guilty to U.S. hacking charges

SAN FRANCISCO (Reuters) - British cyber security researcher Marcus Hutchins pleaded not guilty on Monday to federal charges he built and sold malicious code used to steal banking credentials. Hutchins, 23, rose to overnight fame within the hacker community in May when he helped defang the global "Wa...

Continue reading

China's Guizhou province to oversee Apple's data project

SINGAPORE (Reuters) - China's Guizhou province, where Apple Inc (AAPL.O) has set up its first data center in the country, plans to create a working committee chaired by communist party members to oversee the U.S. company's iCloud facility. China has started to police the Internet more closely and in...

Continue reading

Snap shares wither more as filings show some investors bailing

NEW YORK (Reuters) - Snap Inc (SNAP.N) shares fell 4 percent on Monday after U.S. securities filings showed some funds dissolving their stakes in the social media company and another brokerage lowered its price target on the stock. Shares of the Snapchat parent are likely to face new pressure on Mon...

Continue reading

Philippines suspends Uber operations for one month

MANILA (Reuters) - The Philippines on Monday suspended the accreditation and operation of Uber [UBER.UL] for one month, in a decision that followed a government crackdown on unregistered drivers offering app-based ride-hailing services. The Land Transportation Franchising and Regulatory Board (LTFRB...

Continue reading

Uber improves conditions for British drivers, adds tips

LONDON (Reuters) - Taxi app Uber will improve conditions for its British drivers with changes including in-app tipping, after criticism from lawmakers and unions for not giving them more rights. Drivers for Uber [UBER.UL], food courier Deliveroo and other apps tend to work for a number of firms with...

Continue reading

GoDaddy boots white supremacist web site after offensive post

(Reuters) - The web hosting company GoDaddy said on Sunday it had given The Daily Stormer 24 hours to move its domain to another provider after the extremist web site posted an article denigrating the woman who was killed at a white nationalist rally in Virginia. "We informed The Daily Stormer that ...

Continue reading