Norway powers ahead (electrically): over half new car sales now electric or hybrid

OSLO (Reuters) - Sales of electric and hybrid cars rose above half of new registrations in Norway in 2017, a record aided by generous subsidies that extended the country’s lead in shifting from fossil-fuel engines, data showed on Wednesday. Pure electric cars and hybrids, which have both batte...

Continue reading

Amazon, Google cut speaker prices in market share contest: analysts

SAN FRANCISCO (Reuters) - Amazon.com Inc and Alphabet Inc’s Google both discounted their virtual assistant speakers so deeply over the holiday shopping season that they likely lost a few dollars per unit, highlighting a sharply different strategy from Apple Inc as it prepares its HomePod speak...

Continue reading

More than half of new Norway car sales now electric or hybrid

OSLO (Reuters) - Sales of electric and hybrid cars exceeded half of new registrations in Norway in 2017, a record aided by generous subsidies that extended the Nordic nation’s lead in a shift from fossil-fuel engines, data showed on Wednesday. Pure electric cars and hybrids, which have both ba...

Continue reading

Mobileye deal boosts Israeli high-tech exits to $23 billion in 2017

TEL AVIV (Reuters) - Israeli high-tech acquisitions and initial public offering activity soared to $23 billion in 2017 from $10 billion in 2016 due to the $15.3 billion purchase of Mobileye by Intel Corp, data published on Wednesday showed. The acquisition of Neuroderm by Mitsubishi Tanabe Pharma fo...

Continue reading

China central bank can tell local governments to regulate bitcoin miners' power use: source

BEIJING (Reuters) - China’s central bank told a top-level government internet finance group that the monetary authority can tell local governments to regulate the power usage of bitcoin miners to gradually reduce the scale of their production, a source said. While the People’s Bank of Ch...

Continue reading

Beijing to build $2 billion AI research park: Xinhua

BEIJING (Reuters) - Beijing authorities will build a 13.8 billion yuan ($2.12 billion) artificial intelligence development project in the city’s west, the official Xinhua news agency said on Wednesday. The area will hold up to 400 enterprises and have an estimated annual output value of 50 bil...

Continue reading

Altice drops Starz, directs customers to its online service

(Reuters) - Cable company Altice USA Inc is employing a new negotiating tactic when it comes to reaching agreements with content providers on prices: pointing customers to programmers’ own streaming services. The New York-based cable company announced on Monday it would no longer carry Starz&r...

Continue reading

Spotify hit with $1.6 billion copyright lawsuit

(Reuters) - Music streaming company Spotify was sued by Wixen Music Publishing Inc last week for allegedly using thousands of songs, including those of Tom Petty, Neil Young and the Doors, without a license and compensation to the music publisher. Wixen, an exclusive licensee of songs such as &ldquo...

Continue reading

Aptiv, Lyft discuss engagement beyond self-driving ride partnership

(Reuters) - Aptiv Plc and ride-hailing firm Lyft are discussing further engagement beyond showcasing self-driving rides in Las Vegas during the Consumer Electronics Show (CES) this month, the U.S auto parts supplier said on Tuesday. Aptiv, formerly known as Delphi Automotive Plc, has partnered with ...

Continue reading

Amazon says over 5 billion items shipped in 2017 via Prime

(Reuters) - Online retailer Amazon.com Inc (AMZN.O) said on Tuesday it shipped over 5 billion items worldwide via its subscription based Prime service in 2017 while adding more new members than ever before. The e-commerce giant, which revealed its Prime shipment numbers for the first time, did not g...

Continue reading

Serial Swatter “SWAuTistic” Bragged He Hit 100 Schools, 10 Homes

The individual who allegedly made a fake emergency call to Kansas police last week that summoned them to shoot and kill an unarmed local man has claimed credit for raising dozens of these dangerous false alarms — calling in bogus hostage situations and bomb threats at roughly 100 schools ...

Continue reading

Serial Swatter “SWAuTistic” Bragged He Hit 100 Schools, 10 Homes

The individual who allegedly made a fake emergency call to Kansas police last week that summoned them to shoot and kill an unarmed local man has claimed credit for raising dozens of these dangerous false alarms — calling in bogus hostage situations and bomb threats at roughly 100 schools ...

Continue reading

Speculators raised net short bitcoin positions in Dec 26 week: CFTC

NEW YORK (Reuters) - Speculators raised net short position on bitcoin futures traded on Cboe Global Markets last week amid a selloff sparked by experts’ warnings of a bubble, according to data from the Commodity Futures Trading Commission released late Friday. Net short bitcoin contracts rose ...

Continue reading

LeEco founder defies China return order, stays in U.S. for car fundraising

SHANGHAI (Reuters) - The founder of debt-laden tech conglomerate LeEco has defied orders from Chinese regulators to return to the country before end-2017, saying he needed to stay in the United States as a fundraising for his electric car startup was making progress. The Beijing branch of the China ...

Continue reading

China's WeChat denies storing user chats

HONG KONG (Reuters) - Tencent Holdings’ WeChat, China’s most popular messenger app, on Tuesday denied storing users’ chat histories, after a top businessman was quoted in media reports as saying he believed Tencent was monitoring everyone’s account. “WeChat does not sto...

Continue reading

WhatsApp messaging service returns after global outage

(Reuters) - WhatsApp, a popular messaging service owned by Facebook Inc, suffered a global outage for about an hour on Sunday before the problem was fixed. “WhatsApp users around the world experienced a brief outage today that has now been resolved”, a WhatsApp spokeswoman said in an ema...

Continue reading

UK may use taxes to get tech giants to do more to fight extremism, minister says

LONDON (Reuters) - Britain may impose new taxes on tech giants like Google and Facebook unless they do more to combat online extremism by taking down material aimed at radicalizing people or helping them to prepare attacks, the country’s security minister said. Ben Wallace accused tech firms o...

Continue reading

Infineon not vulnerable to takeover: CEO in Boersen-Zeitung

FRANKFURT (Reuters) - German chipmaker Infineon does not see itself as vulnerable to a takeover despite mega-mergers in the sector led by Broadcom’s $103 billion offer for Qualcomm, its chief executive told Germany’s Boersen-Zeitung. “Infineon is not a primary takeover target,&rdqu...

Continue reading

Kansas Man Killed In ‘SWATting’ Attack

A 28-year-old Kansas man was shot and killed by police officers on the evening of Dec. 28 after someone fraudulently reported a hostage situation ongoing at his home. The false report was the latest in a dangerous hoax known as “swatting,” wherein the perpetrator falsely reports a danger...

Continue reading

Kansas Man Killed In ‘SWATting’ Attack

A 28-year-old Kansas man was shot and killed by police officers on the evening of Dec. 28 after someone fraudulently reported a hostage situation ongoing at his home. The false report was the latest in a dangerous hoax known as “swatting,” wherein the perpetrator falsely reports a danger...

Continue reading