AI must be accountable, says EU as sets ethical guidelines

Companies working with artificial intelligence need to install accountability mechanisms to prevent it being misused, the European Commission said on Monday, under new ethical guidelines for a technology open to abuse by authoritarian regimes.

Exclusive: Mexico's Walmart pressures suppliers on pricing, forcing some to ditch Amazon

Walmart's Mexico unit has penalized food companies supplying groceries to rival Amazon, pressure that has forced some to pull their products from the world's largest online retailer, four people familiar with the matter said.

Digital lenders lure unbanked Argentines out of shadow economy

María Rosales, 39, is one of millions of less affluent Argentines locked out of the traditional financial sector. The former cruise ship worker lost her job in 2015 and has relied on her family for financial support to stay afloat since.

Britain plans social media watchdog to battle harmful content

Britain proposed new online safety laws on Monday that would slap penalties on social media companies and technology firms if they fail to protect users from harmful content.

SoftBank-backed Grab seeks another $2 billion funding in expansion drive

Grab is looking to raise another $2 billion this year to ramp up expansion, its CEO Anthony Tan told Reuters, just weeks after announcing over $4.5 billion of funding in what has become Southeast Asia's largest round of private financing.

Facebook says has made headway against abuses ahead of India election

Facebook has said it has made strides in its efforts to prevent online abuses in the Indian national election that starts this week but acknowledged that gaps remain in its "election integrity" efforts.

EU's Vestager says Europe must lead the way with a digital tax

Europe needs to decide on a digital tax and should lead the way if there is insufficient consensus globally, the EU competition commissioner Margrethe Vestager, said on Monday.

SoftBank-backed Grab targets $2 billion more in funding this year in big business push

Grab aims to raise another $2 billion this year as it ramps up expansion, its chief executive said, just weeks after announcing over $4.5 billion of funding in what has become Southeast Asia's largest round of private financing.

UK fines for harmful online content in line with GDPR: minister

Britain will impose penalties that force tech companies to "sit up and take notice" if they do not do everything reasonably practicable to stop harmful content on their platforms, the Culture, Media and Sport Secretary Jeremy Wright said.

Exclusive: Grab targets another $2 billion funding this year: CEO

Grab expects to raise another $2 billion from strategic investors this year, the CEO of Southeast Asia's biggest ride-hailing firm said, just weeks after it announced funding of over $4.5 billion in the region's largest private financing round.

Britain plans social media regulation to battle harmful content

Britain proposed new online safety laws on Monday that would slap penalties on social media companies and technology firms if they fail to protect their users from harmful content.

Hyundai Motor denies tie-up with Tencent on driverless car software

South Korean automaker Hyundai Motor Co on Sunday denied a report that it had signed a preliminary deal with Chinese technology firm Tencent Holdings to develop software for driverless vehicles.

SAP cloud business head quits after 27 years in latest top departure

Software company SAP said the head of its cloud business group had quit, the latest in a string of top departures as Europe's most valuable technology company reshapes its operations.

SAP's head of cloud business latest top departure in restructuring

Software company SAP said the head of its cloud business group had decided to leave the company, the latest in a string of top departures as Europe's most valuable technology firm reshapes its operations.

Hyundai Motor, Tencent tie up to develop self-driving cars software: report

South Korean automaker Hyundai Motor Co and Chinese technology firm Tencent Holdings have signed a preliminary deal to develop software for driverless vehicles, South Korea's Maeil Business Newspaper reported on Saturday.

Judge orders SEC, Tesla's Musk to meet for at least an hour on new settlement

A federal judge in Manhattan on Friday ordered Tesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission to meet for at least an hour to try to settle the agency's concerns over the billionaire entrepreneur’s use of Twitter.

Apple Music's U.S. subscriber count overtakes Spotify: source

Apple Inc's streaming music service overtook rival Spotify Technology SA in terms of paid subscribers in the United States, a person familiar with the matter told Reuters on Tuesday.

Lyft's shares rise after Citron advises against shorting stock

Shares of ride-hailing company Lyft Inc rose as much as 4 percent on Friday, setting the stock for its best day since its market debut last week, after short-seller Citron Research advised investors to hold on to the stock.

Who was first to launch 5G? Depends who you ask

When it comes to who triumphed in the multi-billion dollar global race to launch the world's first 5G next generation wireless network, the winner is clear ... depending on who you ask.

Exclusive: United States sets sights on China in new electric vehicle push

U.S. government officials plan to meet with executives from automakers and lithium miners in early May as part of a first-of-its-kind effort to launch a national electric vehicle supply chain strategy, according to three sources familiar with the matter.