Lyft, Agero partner to offer rides for consumers requiring tow assistance

Roadside assistance provider Agero Inc said on Tuesday it would partner with ride hailing company Lyft Inc to provide rides for consumers whose cars are disabled and require a tow assistance.

World electronic gaming revenues to grow 9.6% to $152.1 billion in 2019: report

The global video and electronic games market will generate $152.1 billion in 2019, up 9.6% over last year as gaming morphs into content and communication, according to a report by gaming analytics firm Newzoo on Tuesday.

Facebook takes aim at e-commerce with Libra cryptocurrency

Facebook plans to launch a cryptocurrency called Libra next year as part of its wider efforts to expand beyond social networking into e-commerce and global payments.

Explainer: 'Stablecoins' in the spotlight as Facebook unveils Libra cryptocurrency

The original cryptocurrency accounts for over half of the $285 billion global coin trading market. But that dominance is under threat, with a host of alternative digital coins emerging as developers race to build cryptocurrencies able to enter mainstream commerce and finance.

Uber threatens to withdraw from Austria

U.S.-based ride-hailing service Uber Technologies Inc threatened on Tuesday to withdraw from Austria if a new law that would subject it to the same price regulations as taxis is adopted.

Germany to support three battery cell alliances: economy minister

Germany will support three company alliances with earmarked funds of 1 billion euros for the domestic production of battery cells in an effort to reduce carmakers' dependence on Asian suppliers, Economy Minister Peter Altmaier told Reuters.

Swiss regulator says in contact with initiators of Facebook's Libra

Switzerland's financial regulator FINMA said on Tuesday that it is in contact with the "initiators" of Libra, Facebook's planned cyrptocurrency.

Nvidia boosts self-driving AI business with Volvo trucks deal

Sweden's AB Volvo is joining forces with Nvidia to develop artificial intelligence used in self-driving trucks, in a boost for the U.S. chipmaker that was ditched by Tesla last year.

India to review data storage rules that irked U.S. tech firms

India will examine concerns raised by foreign technology companies around stringent rules to store data locally, the government said on Tuesday, an issue that has upset firms such as Mastercard and also irked the U.S. government.

Truckmaker Volvo to partner with Nvidia to develop AI for driverless vehicles

Sweden's AB Volvo is joining forces with U.S. chipmaker Nvidia to develop artificial intelligence used in self-driving trucks, the companies said on Tuesday.

Facebook reveals Libra cryptocurrency, with lofty goals

Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments.

Factbox: Facebook's new cryptocurrency Libra and digital wallet Calibra

Facebook Inc revealed plans to establish a cryptocurrency called Libra on Tuesday. It will be run by an association comprised of other corporate investors and non-profit members, with an expected launch in the first half of 2020.

Hungarian government will play role in 5G network building: minister

Hungary's government will have to play a role in building a 5G network in co-operation with service providers to ensure the infrastructure is put in place quickly, the innovation and technology minister said on Tuesday.

Hungary will have to play role in 5G network building: minister

Hungary's government will have to play some role in the construction of 5G network in co-operation with service providers to accelerate the build-up of the new infrastructure, Innovation and Technology Minister Laszlo Palkovics said.

Volkswagen aims to boost in-house software development to 60% by 2025

Volkswagen said on Tuesday it would put 5,000 digital experts into a new unit called "Car.Software" by 2025 as the German carmaker aims to develop at least 60% of its software in-house by then, up from less than 10% currently.

Alibaba puts CFO in charge of investment in major management reshuffle

China's Alibaba Group Holding Ltd on Tuesday unveiled its most significant business reshuffle since co-founder Jack Ma announced his pending retirement, as the e-commerce firm looks to bolster its investment focus in the face of slowing growth.

Uber to retain Careem brand for now: Careem CFO

Uber and Middle East ride-hailing business Careem will remain separate entities until at least the first quarter of 2020, when Uber's acquisition is expected to close, Careem's CFO said on Tuesday.

Oil group Total hopes new supercomputer will help it find oil faster and more cheaply

Energy major Total said its new supercomputer - which has propelled it to a world ranking as the most powerful computer in the sector - will enable its geologists to find oil faster, cheaper and with a better success rate.

Advertisers, agencies and social media combine to tackle online threat

Sixteen of the world's biggest advertisers have joined together to push platforms such as Facebook, Twitter and Google's YouTube to do more to tackle dangerous and fake content online.

French drugmaker Sanofi, Google to use data tech for innovations

French healthcare company Sanofi has teamed up with Google to work on innovations, aimed at using emerging data technologies to change how medicines and health services will be delivered in future.