Volkswagen teams up with China's NIU to make e-scooters: Die Welt

German carmaker Volkswagen will join forces with China's NIU to produce battery-powered kick scooters, German newspaper Die Welt reported on Monday without giving sources.

Exclusive: Sequoia China to cut up to 20 percent of investment staff as tech growth slows - sources

Sequoia Capital China, widely viewed as a bellwether for Chinese tech investment, is set to lay off as much as 20 percent of investment staff as a slowdown in the country's tech sector saps appetite for risk, said two people with knowledge of the matter.

Facebook 'labels' posts by hand, posing privacy questions

Over the past year, a team of as many as 260 contract workers in Hyderabad, India has ploughed through millions of Facebook Inc photos, status updates and other content posted since 2014.

Factbox: The work at one Facebook 'labeling' project

Facebook Inc has thousands of content labelers around the world who categorize content with the aim of creating large datasets that can be more readily analyzed by humans and software.

Vodafone presses Germany for more help in broadband rollout: Welt am Sonntag

Vodafone wants the German government to facilitate the rollout of ultrafast fiber broadband connections to homes and businesses by investing in the "last mile" of networks, the company's Germany chief was quoted saying.

UK police will not probe sacked defense minister over Huawei leak

British police will not investigate the sacked defense minister, Gavin Williamson, after a senior officer said the information that was leaked about Chinese telecoms company Huawei was too minor to count as a criminal offence.

UK police say will not investigate Huawei leak that felled defense minister

British police said they will not probe a leak of information about Chinese telecoms company Huawei that cost Gavin Williamson his job as defense minister this week, as no criminal offence was committed.

U.S. court rules in favor of Dutch ASML in IP theft case against Xtal

Dutch chip equipment maker ASML Holding NV said on Saturday a U.S. court had issued its final judgment in favor of ASML in an intellectual property theft case against U.S. software maker Xtal.

U.S. rejects Tesla bid for tariff exemption for Autopilot 'brain'

U.S. trade officials rejected Tesla Inc's bid for relief from President Donald Trump's 25-percent tariffs on the Chinese-made Autopilot "brain" of its Model 3 and other electric vehicles, one of more than 1,000 product denials linked to China's industrial development plans.

U.S. rejects Tesla bid for tariff exemption for Model 3 'brain'

U.S. trade officials rejected Tesla Inc's bid for relief from President Donald Trump's 25 percent tariffs on the Chinese-made computer "brain" of its Model 3 electric vehicles, one of more than 1,000 product denials linked to China's industrial development plans.

Ride-hailing drivers in New York to strike ahead of Uber IPO

Uber Technologies Inc's drivers in New York will go on strike next week shortly before the ride-hailing company goes public to protest what they view as unfair employment conditions, a taxi union said on Friday.

Feds Bust Up Dark Web Hub Wall Street Market

Federal investigators in the United States, Germany and the Netherlands announced today the arrest and charging of three German nationals and a Brazilian man as the alleged masterminds behind the Wall Street Market (WSM), one of the world’s largest dark web bazaars that allowed vendors to...

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EU fleshes out WTO e-commerce proposal, faces obstacles

The European Union began a push for improved protection for traders and consumers involved in online transactions, as it published proposals on Friday launching what are likely to be long and hard WTO negotiations on regulating e-commerce.

Tesla boosts capital raise to $2.7 billion, Musk buys more stock

Tesla Inc on Friday was set to raise up to $2.7 billion in a record-setting capital raising for the electric carmaker, as investors scooped up a mix of new stock and convertible notes that will recharge the company's cash-depleted balance sheet.

Western allies agree 5G security guidelines, warn of outside influence

Global security officials agreed a set of proposals on Friday for future 5G networks, highlighting concerns about equipment supplied by vendors that might be subject to state influence.

Credit Union Sues Fintech Giant Fiserv Over Security Claims

A Pennsylvania credit union is suing financial industry technology giant Fiserv, alleging that “baffling” security vulnerabilities in the company’s software are “wreaking havoc” on its customers. The credit union said the investigation that fueled the lawsuit was prompt...

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Tesla to get up to $2.7 billion from upsized offering, Musk to buy more stock

Tesla Inc on Friday was set to raise up to $2.7 billion in a record-setting capital raising for the electric carmaker, as investors scooped up a mix of new stock and convertible notes that will recharge the company's cash-depleted balance sheet.

EU's Tusk warns of risks in rise of U.S. tech giants

The world needs to be wary of the rise of tech giants such as Google, Apple, Facebook and Amazon, comparing their powers to those of countries such as China, European Council President Donald Tusk said in Warsaw on Friday.

Dish bleeds more pay-TV subscribers, Sling TV disappoints

Dish Network Corp fell short of estimates for quarterly profit on Friday, as the U.S. satellite TV service provider lost more pay-TV subscribers than expected and posted anemic growth in its streaming service Sling TV.

Wesfarmers' soft bid for Kidman spotlights lithium's financing issues

Wesfarmers Ltd's bid for Australia's Kidman Resources undervalues the lithium miner, analysts said on Friday, reflecting the financing difficulties the sector faces even as electric car makers warn of raw material shortages.