Driverless electric truck starts deliveries on Swedish public road

Resembling the helmet of a Star Wars stormtrooper, a driverless electric truck began daily freight deliveries on a public road in Sweden on Wednesday, in what developer Einride and logistics customer DB Schenker described as a world first.

Volvo taps Asia's LG Chem, CATL for long-term battery supplies

Swedish carmaker Volvo said on Wednesday it had signed long-term battery supply deals with Asian firms LG Chem and Contemporary Amperex Technology Co Ltd (CATL), as it pushes its EV target of 50 percent of sales by 2025.

Apple supplier Japan Display posts 9th straight quarterly net loss

Cash-strapped screen maker Japan Display Inc on Wednesday posted a ninth consecutive quarterly net loss, hit by weaker-than-expected demand from Apple Inc, its biggest client.

Explainer: 'Privacy coin' Monero offers near total anonymity

Bitcoin's share of the cryptocurrency market is sliding, with a host of alternative digital coins gaining ground as developers race to create digital cash that can gain a footing in mainstream commerce and finance.

Rise of smaller rivals throws up fresh challenge to bitcoin

Bitcoin's weathered hacks, heists, booms and busts to reign as the king of cryptocurrencies through its first decade. But now there's a fresh challenge to its dominance of the fledgling market: some 2,000 smaller digital coins.

Volvo signs EV battery supply deals with LG Chem, CATL

Swedish carmaker Volvo said on Wednesday it had signed long-term battery supply deals with two Asian battery makers, LG Chem and Contemporary Amperex Technology Co Ltd (CATL), as it pushes its electrification strategy.

China's CATL signs multi-billion-dollar battery supply deal with Volvo

China's top battery maker, Contemporary Amperex Technology Co Ltd (CATL), said it had signed a multi-billion dollar battery supply deal with Volvo Car Group.

Facebook restricts Live feature, citing New Zealand shooting

Facebook Inc said on Tuesday it was tightening rules around its livestreaming feature ahead of a meeting of world leaders aimed at curbing online violence in the aftermath of the Christchurch massacre.

Huawei in bid to grow enterprise business amid scrutiny on key telecoms segment

Huawei Technologies unveiled on Wednesday a new database management system, in a bid to expand its enterprise business and challenge Western rivals such as Oracle Corp in China, amid growing scrutiny over its main telecom business.

Taiwan's Foxconn shares drop more than 2% after quarterly profit miss

Shares of Foxconn, the world's largest contract manufacturer, dropped more than 2% on Wednesday after the company posted a lower-than-expected quarterly profit.

Apple supplier Japan Display mulling cutting around 1,000 jobs: Nikkei

Apple Inc supplier Japan Display Inc is considering slashing about 1,000 jobs, or about a fifth of its parent-only workforce, as it eyes a bailout from a Chinese-Taiwanese consortium, the Nikkei business daily reported on Wednesday.

Exclusive: Trump expected to sign order paving way for U.S. telecoms ban on Huawei

President Donald Trump is expected to sign an executive order this week barring U.S. companies from using telecommunications equipment made by firms posing a national security risk, paving the way for a ban on doing business with China's Huawei, three U.S. officials familiar with the plan told Reute...

Continue reading

San Francisco votes to ban city use of facial recognition technology

San Francisco officials on Tuesday voted 8 to 1 to ban the purchase and use of facial recognition technology by city personnel, in a move to regulate tools that local Silicon Valley companies helped develop.

New Intel security flaws could slow some chips by nearly 20%

Intel Corp and a group of security researchers on Tuesday said they had found a new set of security flaws in its processors that will be difficult to fix and are related to problems found last year.

San Francisco moves toward ban on use of facial recognition technology

San Francisco officials on Tuesday took a major step toward banning the purchase and use of facial recognition technology by city personnel, in a move to regulate tools with surveillance applications that local Silicon Valley companies helped develop.

U.S. to take 'fresh look' at opening automakers' key spectrum band

The U.S. Federal Communications Commission plans to vote in June on launching a new review of a key spectrum band reserved for automakers that could boost Wi-Fi use, a person briefed on the matter said on Tuesday.

Google to push new ads on its apps to snare shoppers

Alphabet Inc's Google will begin featuring ads on the homepage of its smartphone app worldwide later this year, as the search engine expands its advertising real estate to boost revenue from mobile shoppers.

Xilinx forecasts fiscal 2020 revenue above Wall Street expectations

Xilinx Inc, a chip supplier whose products are used in 5G networking gear, said at an investor conference on Tuesday that it expects between $3.45 billion and $3.6 billion in revenue for its fiscal year 2020.

Disney takes control of Hulu to challenge Netflix, Amazon

Walt Disney Co said it will take full control of the Hulu service in a deal with Comcast Corp, as it vies for a bigger piece of the global video streaming market dominated by companies such as Netflix Inc.

Google to show ads on homepage of app

Alphabet Inc's Google will begin featuring ads on the homepage of its smartphone app worldwide later this year, it said on Tuesday, giving the search engine a huge new supply of ad slots to boost revenue.