Volvo Cars relaunches Polestar as standalone electric car brand

STOCKHOLM (Reuters) - Geely-owned automaker Volvo Cars will make its Polestar Performance business a standalone brand within the group, focusing on electric cars, the company said on Wednesday.

Uber co-founder Kalanick resigns as chief executive

(Reuters) - Uber Technologies Inc co-founder Travis Kalanick stepped down as chief executive of the ride-hailing service, following intense pressure from investors, a company spokesman said on Wednesday.

Facebook gets Indonesia nod for local unit, country's investment chief says

JAKARTA (Reuters) - Social networking giant Facebook Inc has received an in-principle approval to set up a domestic unit in Indonesia and the government is now processing the details, the country's investment chief said on Wednesday.

SoftBank founder Son pledges to stay at helm as company's firepower grows

TOKYO (Reuters) - SoftBank Group founder Masayoshi Son, Japan's richest man, said on Wednesday he'll spend the next decade identifying a successor to drive his rapidly growing technology empire, which has amassed an unprecedented investment warchest over the past year.

Honda halts Japan car plant after WannaCry virus hits computer network

FILE PHOTO: The logo of Honda is seen during the 87th International Motor Show at Palexpo in Geneva, Switzerland March 8, 2017. REUTERS/Arnd Wiegmann/File Photo

Startup Cybereason raises $100 million from SoftBank

(Reuters) - Cybereason said on Wednesday it received $100 million in investment from its biggest investor SoftBank Corp, as the cybersecurity-focused startup looks to develop new technologies and increase distribution channels.

Tesla's autopilot software head quits in less than six months

A Tesla vehicle charges at a Tesla Supercharger station on the Qualcomm campus in San Diego,California, U.S., May 31, 2017. REUTERS/Mike Blake

Toshiba selects Japan government-led group as preferred bidder for chip business

TOKYO (Reuters) - Toshiba Corp said its board has chosen a Japanese government-led consortium as the preferred bidder for the conglomerate's prized flash memory chip business.

As iPhone 8 looms, firms scramble to lock up memory chip supply

SEOUL (Reuters) - Global electronics makers are scrambling to stock up on memory chips to keep production lines running as Apple Inc's new iPhone 8 launch later this year threatens to worsen a global squeeze on supply.

Trump to meet with top executives on wireless tech, drones

WASHINGTON (Reuters) - U.S. President Donald Trump will discuss advanced wireless technologies and drones on Thursday with top executives at AT&T Inc, Verizon Communications Inc, T-Mobile US Inc and other firms, focusing on how government can create the right environment for breakthroughs.

Cisco adds subscription services to its core networking business

SAN FRANCISCO (Reuters) - Cisco Systems Inc's core networking business on Tuesday took its first step into the market of subscription services, announcing a suite of new security and automation tools for big businesses.

U.S. judge faults CFPB 'indifference' toward Sprint settlement

The logo of U.S. mobile network operator Sprint Corp is seen at a Sprint store in San Marcos, California August 3, 2015. REUTERS/Mike Blake /File Photo

Adobe's Creative Cloud fuels profit beat, shares surge

Adobe company logos are seen in this picture illustration taken in Vienna July 9, 2013. REUTERS/Leonhard Foeger/File Photo

Uber to allow tipping for drivers, reversing long-standing policy

SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] will, for the first time, allow drivers to collect tips through the Uber smartphone app, the company said on Tuesday, part of a broader effort to improve its often-contentious relationship with its drivers.

American Express invests in insurance startup Next Insurance

NEW YORK (Reuters) - American Express Co has invested in Next Insurance, a Palo Alto-based technology startup that sells customized insurance for small businesses online, as Silicon Valley companies look to shake up the insurance sector.

Vivendi's video-sharing website bets on new partnerships to gain viewers

PARIS (Reuters) - Vivendi's video-sharing website Dailymotion said on Tuesday it signed new partnerships with major U.S. music and media providers to stimulate its viewership and better compete world giants Facebook and Alphabet's Google.

Italy investigates foreign ministry hacking attempt

ROME (Reuters) - Italy's foreign ministry said on Tuesday it was investigating a hacking attempt, after a group calling itself Anonymous published what it said was stolen ministry data.

Amazon launches 'try-before-you-buy' fashion service

(Reuters) - Amazon.com Inc launched on Tuesday a subscription-based box shopping service, Prime Wardrobe, as the world's largest online retailer steps up efforts to boost its apparel business.

Apple tells court Qualcomm chip licenses are invalid

(Reuters) - Apple Inc broadened a legal attack on Qualcomm Inc, arguing to a U.S. federal court that license agreements that secure the chip maker a cut of every iPhone manufactured were invalid.

Airbus launches digital services platform

PARIS (Reuters) - Airbus has launched a digital services platform it says will enable airlines to fly more efficiently by crunching data to help them with maintenance, reduce fuel burn and optimize routes.