Tesla to produce more than 500 Model 3s per day this week: Electrek

(Reuters) - Tesla Inc's Chief Executive Officer Elon Musk said production of its crucial Model 3 sedan is likely to exceed 500 vehicles per day this week, automotive news website Electrek reported on Tuesday.

Lamborghinis, long lines welcome crypto fans at 'Blockchain Week'

NEW YORK (Reuters) - A Lamborghini costs about 23 bitcoins, which might not seem like much, unless you owned the cryptocurrency in December, in which case you could have bought one of the $200,000 luxury cars for just 10 of them.

Facebook says posts with graphic violence rose in early 2018

MENLO PARK, Calif. (Reuters) - The number of posts on Facebook showing graphic violence rose in the first three months of the year from a quarter earlier, possibly driven by the war in Syria, the social network said on Tuesday, in its first public release of such data.

Facebook has not fully answered questions on data privacy: UK lawmakers

LONDON (Reuters) - Facebook has failed to fully answer 39 questions from British lawmakers examaning data privacy and fake news, a parliamentary committee said on Tuesday, adding that it would ask the social media giant once again for the missing details.

Dropbox eyes security, machine learning technologies in Israel

TEL AVIV (Reuters) - U.S. file-sharing and storage company Dropbox plans to expand its development center in Tel Aviv by hiring more staff and looking out for acquisition opportunities in security and machine-learning.

Big Tech stocks the most crowded trade for fourth straight month: BAML fund survey

LONDON (Reuters) - Global investors clung to their preference for the tech sector in May, with shares in so-called FAANG and BAT companies remaining the most crowded trade for the fourth straight month, according to a survey by Bank of America Merrill Lynch.

Coinbase plans revamp to lure institutional and high-speed traders

NEW YORK (Reuters) - Cryptocurrency exchange Coinbase is planning a revamp of its trading technology and creating a new suite of services to attract more institutional investors, including hedge funds and high-frequency trading firms, it said on Tuesday.

Big Tech shares the most crowded trade for 4th straight month-BAML fund survey

LONDON (Reuters) - Global investors clung to their preference for the tech sector in May, with shares in so-called FAANG and BAT firms remaining the most crowded trade for the fourth straight month, according to a survey by Bank of America Merrill Lynch.

U.S. chipmaker Intel submits plans for $5 billion Israel expansion

JERUSALEM (Reuters) - Intel Corp said on Tuesday it had submitted plans to expand its production operations in Israel, with the government saying the U.S. chipmaker would invest about $5 billion.

Dashcam footage gets top German court approval for car crash cases

FRANKFURT (Reuters) - Germans will be able to use dashcam footage as evidence in some road accident cases following a federal supreme court ruling on Tuesday, even though it violates strict privacy rules.

Uber will not require sexual assault victims to sign confidentiality deals

(Reuters) - Uber Technologies Inc [UBER.UL] said on Tuesday sexual harassment or assault victims will have the option to settle claims with the ride-hailing service without a confidentiality provision that prevents them from speaking about the incidents.

Samsung in talks with ZTE, others to supply mobile processor chips: executive

HWASEONG, South Korea (Reuters) - Samsung Electronics is in talks with several smartphone makers including China's ZTE to supply mobile processor chips, a senior executive said, a move that will bring it in more direct competition with larger rival Qualcomm.

Chinese bitcoin mining gear makers set sights on world's largest bitcoin IPOs

HONG KONG (Reuters) - Two Chinese bitcoin mining equipment makers are set to test international investor appetite for cryptocurrencies with plans to raise as much as $1 billion each - in what are expected to be the world's largest bitcoin-focused floats to date.

Toshiba upbeat about Chinese review of $18 billion chip unit sale

TOKYO (Reuters) - Toshiba Corp is upbeat about the prospects of clearing China's antimonopoly review of the $18 billion sale of its chip unit, its CEO said, dismissing reports it may pursue alternative plans if the review drags beyond the deal's deadline.

Kaspersky Lab to open Swiss data center to combat spying allegations

LONDON (Reuters) - Moscow-based Kaspersky Lab plans to open a data center in Switzerland by the end of next year to help address Western government concerns that Russia exploits its anti-virus software to spy on customers.

Israeli minister says Intel board approves Israel expansion

JERUSALEM (Reuters) - Israeli Economy Minister Eli Cohen said on Tuesday he was told by U.S. chipmaker Intel Corp that the company's board has approved a plan to expand its operations in Israel.

Australia looking into claim Google harvests data while consumers pay

SYDNEY (Reuters) - Google is under investigation in Australia following claims that it collects data from millions of Android smartphone users, who unwittingly pay their telecom service providers for gigabytes consumed by the activity, regulators said on Tuesday.

South Korea orders arrest of Samsung official over union sabotage claim

SEOUL (Reuters) - A South Korean court issued an arrest warrant on Tuesday for a senior official of a unit of Samsung Electronics Co Ltd as prosecutors investigate whether the conglomerate sabotaged workers' efforts to strengthen labor unions.

Thailand to issue rules on cryptocurrency by end-June: SEC chief

BANGKOK (Reuters) - Thailand's securities and exchange commission expects to issue regulations on cryptocurrencies and initial coin offerings by the end of June after holding a public hearing, the SEC chief said on Tuesday.

Two Chinese bitcoin mining equipment makers plan $1 billion Hong Kong listings: IFR

HONG KONG (Reuters) - Two Chinese bitcoin mining equipment makers plan to raise up to $1 billion each from Hong Kong listings this year, riding on strong global interest in cryptocurrencies, IFR reported on Tuesday, citing people familiar with the plans.