Uber reveals 91 million users but cautions on profitability in IPO filing

Uber Technologies Inc on Thursday revealed its initial public offering (IPO) filing, saying more than 90 million riders used the service worldwide while warning it may never make a profit due to pressure from rivals.

Tesla, Panasonic to seek productivity gains before new battery investments

Panasonic Corp and Tesla Inc will continue to make new investments in the U.S. electric carmaker's Gigafactory as needed, but believe they can squeeze more out of existing resources than previously planned, Tesla said on Thursday.

Anti-Uber protests flare in Argentina as ride-hailing app prepares IPO

Thousands of taxi drivers snarled traffic in the center of Buenos Aires on Thursday to protest the threat to their business from Uber, in the latest reminder of the headaches the ride-hailing platform faces worldwide as it prepares to go public.

Disney CEO Iger takes a dig at social media, says Hitler would have loved it: Variety

Walt Disney Co Chief Executive Officer Bob Iger took a dig at the popularity of social media, saying it was a powerful marketing tool and Hitler would have loved it, Variety reported.

Nepal bans online game PUBG citing negative impact on children

Nepal on Thursday banned the popular online game PlayerUnknown's Battlegrounds (PUBG), saying its violent content had a negative impact on children, an official said.

Android 7.0+ Phones Can Now Double as Google Security Keys

Google this week made it easier for Android users to enable strong 2-factor authentication (2FA) when logging into Google’s various services. The company announced that all phones running Android 7.0 and higher can now be used as Security Keys, an additional authentication layer that helps thw...

Continue reading

Suppliers Freudenberg, Benteler join forces in electric cars

German car parts makers Benteler and Freudenberg Vibracoustic are joining forces in the development of parts for electric vehicles, the companies said on Thursday, amid a growing trend of companies in the sector cooperating to cope with change.

Apple in Dutch antitrust spotlight for allegedly promoting own apps

Apple, already the subject of EU antitrust scrutiny, on Thursday became the target of a Dutch investigation for allegedly favoring its own apps on its popular App Store.

EU regulators say Dutch Apple probe complements their own investigation

A Dutch antitrust investigation into whether Apple unfairly favors its own apps is in line with the European Union's own ongoing scrutiny of Spotify's complaint against the iPhone maker, the European Commission said on Thursday.

Apple says treats all app developers equally as Dutch open probe

Apple on Thursday said it treated all app developers equally and was confident a Dutch antitrust investigation would end with the same conclusion.

Huawei says its equipment as secure as any, pans U.S. campaign

China's Huawei Technologies said on Thursday the security of its telecoms network equipment was as tight as any, and hit back at the U.S. government for briefing Washington's allies against it.

Anti-Uber protests flare in Argentina as firm prepares IPO filing

Taxi drivers took to the streets of Buenos Aires on Thursday to protest against Uber, underscoring the challenges the ride-hailing giant faces in the fast-growing Latin American market as it prepares to file a much-anticipated initial public offering.

Panasonic reviewing further investment in Tesla Gigafactory

Panasonic Corp and Tesla Inc are holding off on further investment in the U.S. electric carmaker's Nevada Gigafactory while they squeeze more out of existing resources and study market demand, the companies said on Thursday.

Norway's OSM Aviation orders 60 electric planes to cut training costs

Norway's OSM Aviation, a recruitment and training firm partly-owned by low-cost carrier Norwegian Air, has ordered 60 all-electric training planes from Colorado-based aircraft manufacturer Bye Aerospace to cut flight costs.

Taxi unions march in Argentina to protest Uber

Drivers from Buenos Aires' powerful taxi unions will take to the streets on Thursday to begin two days of protests against ride-hailing apps including Uber, which they claim operate illegally in the city.

Amazon's Bezos challenges retail rivals to raise minimum wages

Amazon.com Inc Chief Executive Officer Jeff Bezos on Thursday challenged rival retailers to increase their minimum wages to $16 an hour.

ASML says it suffered intellectual property theft, rejects 'Chinese' label

Dutch ASML said on Thursday it had been the victim of corporate espionage in 2015 involving employees from countries including China but said it had not been the target of any "national conspiracy".

China's Geely launches new electric car brand 'Geometry'

Geely, China's highest profile car maker with investments in Volvo and Daimler, launched a premium all-electric car brand "Geometry" on Thursday as it pushes ahead with its plans to boost production of new energy vehicles.

5G-connected cows test milking parlor of the future

They may look like regular cows, but a herd of Friesian dairy cattle at a British farm are internet pioneers and they are enjoying the benefits of 5G connectivity before you.

Tech unicorn Klarna may soon be ready to consider bourse listing: CEO

Swedish tech unicorn Klarna is nearing the point where it could seek a stock market listing, but it's unlikely to be this year, the CEO and co-founder of the fast-growing online payments services firm said.