Singapore watchdog sets interim measures for Uber-Grab deal

SINGAPORE (Reuters) - Singapore's competition watchdog on Friday outlined a set of interim measures for ride-hailing firms Grab and Uber Technologies to ensure an open market as it continued its investigation into their merger in the city-state.

Russian court rules to block access to Telegram messenger: TASS

MOSCOW (Reuters) - A Russian court ordered on Friday that access to the Telegram messenger service should be blocked in Russia, state-run TASS news agency reported.

India's Coinsecure exchange says $3 million worth of bitcoins stolen

NEW DELHI (Reuters) - Coinsecure, an Indian cryptocurrency exchange, said nearly $3 million were stolen from its bitcoin wallet, the biggest reported so far in the country's fledgling virtual currency market.

Singapore to test facial recognition on lampposts, stoking privacy fears

SINGAPORE (Reuters) - In the not too distant future, surveillance cameras sitting atop over 100,000 lampposts in Singapore could help authorities pick out and recognize faces in crowds across the island-state.

Philippines' watchdog probes Facebook over Cambridge Analytica data breach

MANILA (Reuters) - The Philippines' privacy watchdog said on Friday it has started investigating Facebook Inc over a data breach involving British firm Cambridge Analytica that affected more than a million Filipino users of social media.

Permira to buy majority stake in cyber security firm Exclusive Group

PARIS (Reuters) - Private equity firm Permira said on Friday it had agreed to buy a majority stake in Exclusive Group, in a deal that secures substantial funding for the future development of the French cyber security group.

Singapore watchdog sets interim terms for Uber-Grab deal

SINGAPORE (Reuters) - Singapore's competition watchdog on Friday outlined a number of interim measures as it continued investigation into ride-hailing firm Grab's deal to buy Uber Technologies' business in the city-state.

Yahoo Japan to buy minority stake in cryptocurrency exchange

TOKYO (Reuters) - Yahoo Japan Corp said on Friday it would buy a minority stake in a Tokyo-based cryptocurrency exchange, becoming the latest major Japanese financial services provider to shrug off security concerns and join the digital money industry.

AT&T economist argues Time Warner merger is good for consumers

WASHINGTON (Reuters) - AT&T's proposed merger with Time Warner Inc would save consumers money because the marriage of a pay-TV provider with a movie and TV giant would create a more efficient company, an economist testifying for AT&T said in court on Thursday

China lays out self-driving rules in global race: China Daily

SHANGHAI (Reuters) - China has laid out national guidelines for testing self-driving cars as it looks to keep pace with the United States in a global race to develop autonomous vehicles, the China Daily newspaper reported on Friday, citing the country's industry ministry.

Tesla, NTSB clash over Autopilot investigation

WASHINGTON (Reuters) - Tesla Inc lashed out at the National Transportation Safety Board on Thursday after the agency took the unusual step of removing the automaker as a party to its investigation of a fatal crash in March in which a Tesla vehicle's "Autopilot" system was in use.

Spotify buys 'cover song' licensing firm to tackle copyright risks

LONDON/STOCKHOLM (Reuters) - Spotify, the world's largest music streaming service, said on Thursday it is to buy Loudr.fm, a San Francisco-based provider of licensing technology to help it to locate songwriters and pay them royalties they are due.

Broadcom to buy back up to $12 billion of shares

(Reuters) - Chipmaker Broadcom Inc said on Thursday it would buy back up to $12 billion of its common stock.

Brazil taxi app rides fell by over 50 percent due to Uber: regulator

BRASILIA (Reuters) - Competition from Uber Technologies Inc [UBER.UL] reduced the number of rides on cab apps in Brazil by more than half, the country's antitrust regulator said on Thursday, showing the U.S. ride-hailing service's disruptive effect in one of its biggest markets.

NTSB removes Tesla as a party in its probe of 'Autopilot' crash

WASHINGTON (Reuters) - The National Transportation Safety Board said on Thursday it had removed Tesla Inc as a party in its investigation of a fatal crash in March in which the semi-autonomous "Autopilot" driving system was in use, after Tesla flouted terms of an agreement with the agency.

U.S. judge says Uber drivers are not company's employees

(Reuters) - A U.S. judge in Philadelphia has ruled that limousine drivers for Uber Technologies Inc [UBER.UL] are independent contractors and not the company's employees under federal law, the first ruling of its kind on a crucial issue for the ride-hailing company.

EU Justice Commissioner held 'constructive' talks with Facebook's Sandberg

BRUSSELS (Reuters) - European Union Justice Commissioner Vera Jourova said she had a "constructive and open discussion" with Facebook Chief Operating Officer Sheryl Sandberg about the Cambridge Analytica scandal on Thursday.

U.S. group sets up framework to keep customers' financial data secure

(Reuters) - The Securities Industry and Financial Markets Association (SIFMA), a trade group for the U.S. financial industry, released a framework on Thursday aimed at ensuring customers' private data remains safe when they give third parties access to it.

Uber expands settlement with FTC related to cyberattack

WASHINGTON (Reuters) - The U.S. Federal Trade Commission said on Thursday the ride-hailing company Uber Technologies Inc had agreed to expand its proposed settlement with the agency over charges it deceived consumers about its privacy and data security practices.

Tesla withdraws as party to NTSB 'Autopilot' crash investigation

WASHINGTON (Reuters) - Tesla Inc said it is withdrawing as a formal party to the National Transportation Safety Board's probe into a fatal March 23 crash in California in which the semi-autonomous "Autopilot" driving system was in use.