Germany's electric car discount scheme spurs new BMW i3 sales: report

BMW has recorded rising sales of the latest version of its electric car, the i3, following the Berlin government's push to subsidize electric cars, weekly German newspaper Frankfurter Allgemeine Sonntagszeitung (FAS) said. Citing company sources, FAS said that orders for the new i3 with a longer ran...

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Obama says U.S. government must improve cyber security

U.S. President Barack Obama answers a reporter's questions after meeting with Spain's acting Prime Minister Mariano Rajoy at the Palacio de la Moncloa in Madrid, Spain July 10, 2016. Reuters/Jonathan Ernst U.S. President Barack Obama said on Sunday that the U.S. government has to improve its cyber s...

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German authority would not have approved beta-phase Tesla autopilot: newspaper

The interior of a Tesla Model S is shown in autopilot mode in San Francisco, California, U.S., April 7, 2016. Reuters/Alexandria Sage/File Photo Germany's Federal Office for Motor Vehicles (KBA) would not have approved the autopilot system installed on Tesla (TSLA.O) cars if the technology was still...

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European tech investors spot safe havens from Brexit worries

Technology investors seeking refuge after Brexit are picking companies delivering instant access to services for Web and mobile customers or firms mainly doing business globally which can benefit from the pound's fall. They are shying away from hardware makers or e-commerce suppliers with sizeable U...

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Jack Ma says lawsuits, probes help Alibaba to be understood

Lawsuits and investigations are an opportunity for Alibaba Group Holding Ltd to be better understood, founder and executive chairman Jack Ma said in an interview on Saturday. The U.S. Securities and Exchange Commission (SEC) launched a probe earlier this year into the Chinese e-commerce firm's accou...

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Exclusive: Imperva seeks investment bank to explore options - sources

U.S. cyber security company Imperva Inc (IMPV.N) is seeking to hire an investment bank to help it explore strategic options after coming under pressure from activist hedge fund Elliott Management Corp, according to people familiar with the matter. The move comes after Elliott unveiled an 8.8 percent...

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Facebook tests end-to-end encryption on Messenger

A 3D plastic representation of the Facebook logo is seen in this illustration in Zenica, Bosnia and Herzegovina, May 13, 2015. Reuters/Dado Ruvic Facebook Inc (FB.O) on Friday said it began testing end-to-end encryption on its popular Messenger application to prevent snooping on digital conversation...

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Bitcoin 'miners' face fight for survival as new supply halves

Marco Streng is a miner, though he does not carry a pick around his base in south-western Iceland. Instead, he keeps tens of thousands of computers running 24 hours a day in fierce competition with others across the globe to earn bitcoins. In the world of the web-based digital currency, it is not ce...

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German ministry denies investigating Tesla over software updates

Germany's Transport Ministry denied a report on Friday that it was investigating Tesla Motors Inc for updating driving assistance software without informing authorities, but said it was "clarifying technical issues" on the matter. German magazine Der Spiegel reported, without citing a source, that t...

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1,025 Wendy’s Locations Hit in Card Breach

At least 1,025 Wendy’s locations were hit by a malware-driven credit card breach that began in the fall of 2015, the nationwide fast-food chain said Thursday. The announcement marks a significant expansion in a data breach that is costing banks and credit unions plenty: Previously, Wendy&rsquo...

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1,025 Wendy’s Locations Hit in Card Breach

At least 1,025 Wendy’s locations were hit by a malware-driven credit card breach that began in the fall of 2015, the nationwide fast-food chain said Thursday. The announcement marks a significant expansion in a data breach that is costing banks and credit unions plenty: Previously, Wendy&rsquo...

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Uber drivers fined in Denmark

Six Uber [UBER.UL] drivers in Denmark were found guilty on Friday by a Copenhagen court of violating Danish taxi laws and fined 2,000 to 6,000 Danish crowns ($300-900) each. The case is another blow to the U.S. based ride-hailing app that has sparked protests and legal action around the world from t...

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Twitter in talks with NBA, MLS, Turner to stream sports: Recode

A 3D-printed logo for Twitter is seen in this picture illustration made in Zenica, Bosnia and Herzegovina on January 26, 2016. Reuters/Dado Ruvic/Illustration/File Photo Twitter Inc is in talks with the NBA, Major League Soccer and Time Warner Inc's cable network Turner Broadcasting for rights to st...

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Panasonic expects to double sales of electric car batteries in three years

Pedestrians walk past a logo of Panasonic Corp outside Panasonic Center in Tokyo, Japan, February 3, 2016. Reuters/Yuya Shino Japan's Panasonic Corp said it expects strong demand for its lithium-ion batteries from Tesla Motors Inc to help more than double its annual sales of automobile-related batte...

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EU-U.S. commercial data transfer pact clears final hurdle

A Google search page is seen through a magnifying glass in this photo illustration taken in Berlin, August 11, 2015. Reuters/Pawel Kopczynski/Files A commercial data transfer pact provisionally agreed by the EU executive and the United States in February received the green light from EU governments ...

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LG Electronics says second-quarter profit more than doubled vs year earlier

South Korea's LG Electronics Inc said on Friday its second-quarter operating profit likely reached a two-year high, with analysts pointing to strong contributions from its mainstay home appliances and television set businesses. The world's second-biggest TV maker by market share, behind compatriot S...

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Nintendo shares surge on hopes for new Pokemon mobile game

Attendees walk past the Nintendo of America Inc. booth during the Electronic Entertainment Expo or E3 in Los Angeles June 7, 2011. Reuters/Danny Moloshok/File Photo Shares in Japanese gaming group Nintendo Co jumped more than 10 percent on Friday, buoyed by expectations for its recently launched Pok...

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Uber raises $1.15 billion leveraged loan

An Uber car is seen parked with the driver's lunch left on the dashboard in Venice, California, United States on July 15, 2015. Reuters/Lucy Nicholson/File Photo Uber Technologies Inc. [UBER.UL] has secured a $1.15 billion leveraged loan, a person familiar with the matter said on Thursday, the lates...

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Coupa Software hires investment banks for IPO: sources

Coupa Software Inc, a U.S. provider of applications that help companies run their financial affairs, has hired investment banks for an initial public offering that could come later this year, people familiar with the matter said on Thursday. Coupa would be one of the largest software companies looki...

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Train device flashes pink to guide pregnant South Korean women to seats

A South Korean city plans to introduce an alarm that flashes a pink light on trains and buses to prompt commuters to give up their seats to pregnant women. The Beacon device uses bluetooth technology and lights up beside priority seats when a pregnant woman, with the associated app on her smartphone...

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