Shorts line up for a Lyft ride despite surge pricing

Lyft Inc shares had seen strong demand among short sellers on Tuesday even as borrowing fees surpassed that of other U.S. equities as investors rushed to bet against the loss-making ride hailing service, which has warned it may never be profitable.

First report on Boeing crash that killed 157 in Ethiopia due Thursday: source

Ethiopian authorities will deliver their first report on the crash of Ethiopian Airlines flight 302 on Thursday at 10:30 a.m. local time (0730 GMT), a source told Reuters.

Tanzania charges Vodacom Tanzania MD with economic crimes: court documents

Tanzanian authorities on Wednesday charged the managing director of Vodacom Tanzania and other telecom executives with economic crimes, court documents seen by Reuters showed.

Boeing software under scrutiny as Ethiopia prepares crash report

Boeing anti-stall software forced down the nose of a doomed Ethiopian jet even after pilots had turned it off, sources told Reuters on Wednesday, as investigators scrutinize the role played by technology and crew in the fatal March 10 crash.

Tanzania charges Vodacom Tanzania MD with economic crimes: court documents

Tanzanian authorities on Wednesday charged the managing director of Vodacom Tanzania with economic crimes, court documents seen by Reuters showed.

Sweden to look into possible sale of government's Telia stake

Sweden's parliament on Wednesday called on the government to look into how it could divest its $7.5 billion stake in telecoms firm Telia Company while protecting sensitive infrastructure owned by the firm from cyber breaches.

Boeing software re-engaged before Ethiopian crash: sources

Boeing anti-stall software forced down the nose of a doomed Ethiopian jet even after pilots had turned it off, sources told Reuters on Wednesday, as investigators scrutinize the role played by technology and crew in the fatal March 10 crash.

U.S.-Israeli cybersecurity firm Aqua raises $62 million

U.S.-Israeli cybersecurity firm Aqua Security said on Wednesday it raised $62 million in a funding round led by Insight Partners, bringing the company's total venture funding to more than $100 million

Goldman seeks 'curious' engineers for digital innovation program: website

Goldman Sachs Group Inc on Wednesday launched an initiative to attract tech-savvy engineers to the bank to take part in a year-long program aimed at developing new finance apps and other innovations, according to the company’s website.

Boeing system triggered repeatedly in Ethiopian crash: sources

Boeing anti-stall software repeatedly forced down the nose of a doomed Ethiopian jet after pilots had turned it off, sources told Reuters, as investigators scrutinize the role played by technology and crew in the fatal March 10 crash.

Factbox: What we know about Boeing 737 MAX crash and what comes next

More than 300 Boeing 737 MAX jets have been grounded worldwide after two fatal crashes in the past five months in Ethiopia and Indonesia killed nearly 350 people.

Vodacom Tanzania says MD questioned by police over network use

Vodacom Tanzania's managing director and several other employees were questioned by the police on Wednesday over the alleged fraudulent use of network facilities, the company said.

CMC shares hit record low on profit warning as finance chief plans exit

Shares in CMC Markets slid more than 10 percent to a record low on Wednesday after the online trading firm forecast a drop in income in the year to March as new rules curbed client activity, and its finance chief decided to depart.

U.S.-Israeli fintech firm Pagaya raises $25 million

Pagaya, a U.S.-Israeli firm that uses machine learning and big data to manage institutional money, said on Wednesday it raised $25 million in a funding round led by Oak HC/FT.

Bidding slows in German 5G auction, could be the cheapest ever

Bidding slowed on Wednesday in Germany's 5G mobile spectrum auction, and with offers from the four companies taking part totaling just 2.4 billion euros ($2.7 billion) it could end up being the cheapest ever.

Exclusive: Boeing software engaged repeatedly before crash - sources

Boeing anti-stall software on a doomed Ethiopian Airlines jet re-engaged as many as four times after the crew initially turned it off due to suspect data from an airflow sensor, two people familiar with the matter said.

GM, Ford and Toyota join to advance self-driving testing, standards

Three major automakers said on Wednesday they were forming a consortium to help draw up safety standards for self-driving cars that could eventually help create regulations in the United States.

Boeing software engaged repeatedly before crash: sources

Boeing anti-stall software on a doomed Ethiopian Airlines jet re-engaged as many as four times after the crew initially turned it off due to suspect data from an airflow sensor, two people familiar with the matter said.

Semiconductor group urges more research funding to counter China

A trade group for the semiconductor industry on Wednesday called on U.S. government leaders to boost funding for chip research and science education while easing limits on green cards in an effort to counter China's investments in chip technology.

CMC Markets shares slump on profit warning as finance chief plans exit

Shares in CMC Markets Plc slid more than 10 percent on Wednesday after the online trading firm forecast a drop in income in the year to March as new rules curbed client activity, and a senior executive decided to depart.