Hyundai Motor to launch electric vehicle with 500 km range after 2021

SEOUL (Reuters) - Hyundai Motor Co said on Thursday it will launch a long-range electric vehicle with a driving range of 500 km (311 miles) per charge after 2021, seeking to address investor concerns that it is lagging rivals in the green car race. The automaker and affiliate Kia Motors Corp, which ...

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Twitter shutters accounts of U.S. white supremacy website

SAN FRANCISCO (Reuters) - Twitter Inc on Wednesday suspended accounts linked to the neo-Nazi website Daily Stormer, keeping up pressure from Silicon Valley on white supremacists after weekend violence in Charlottesville, Virginia. Twitter said it would not discuss individual accounts, but at least t...

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Cisco's revenue falls for seventh straight quarter

(Reuters) - Cisco Systems Inc's (CSCO.O) revenue fell for the seventh straight quarter as declines in its switches and routers businesses outpaced gains at its newer software-focused divisions, such as security. The world's largest networking gear maker said on Wednesday revenue fell nearly 4 percen...

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New Nokia 8 phone targets surging demand for video-streaming

HELSINKI (Reuters) - HMD Global, the Finnish start-up looking to reinvigorate the Nokia phone brand, unveiled the Nokia 8 on Wednesday, hoping to cash in on rising consumer demand for high-quality audio and video features. The Android device, due out in September, will potentially beat rivals on pri...

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Samsung, Foxconn to back cable-free phone tech

(Reuters) - A startup backed by Tony Fadell, one of the fathers of the Apple iPod, plans to announce Wednesday it is working with Samsung Electronics Co Ltd (005930.KS), Foxconn parent Hon Hai Precision Industry Co Ltd (2317.TW) and others on a new way for mobile phones to transfer large amounts of ...

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Uber sorry for Philippines 'misunderstanding', but suspension stands

MANILA (Reuters) - The Philippine transport regulator stood by its one-month suspension of Uber Technologies Inc [UBER.UL] on Wednesday, despite its apology for a "misunderstanding" in failing to heed a directive to stop accepting new driver applications. Members of the Land Transportation Franchisi...

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Tencent results blow past forecasts on strength in games, WeChat

HONG KONG (Reuters) - Tencent Holdings Ltd (0700.HK), China's biggest gaming and social media firm by revenue, trumped forecasts to post its best-ever quarterly results, driven by higher income from smartphone games, payments and online advertising. The most valuable firm listed in Asia - which is r...

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Trump, in tweet, again blasts Amazon over taxes, jobs

WASHINGTON (Reuters) - U.S. President Donald Trump on Wednesday criticized Amazon.com on Twitter over taxes and jobs and accused the global retailer, without evidence, of hurting U.S. localities and causing job losses. Shares of the company fell 0.5 percent at $978.00 in premarket trade after Trump'...

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Amazon maintains UK investment push with Bristol distribution center

LONDON (Reuters) - Online retailer Amazon said on Wednesday it would create over 1,000 jobs next year when it opens a distribution center in Bristol, south west England, maintaining its investment push in Britain. Amazon currently has 13 distribution, or fulfillment, centers in the UK. It said the B...

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Fiat Chrysler joins autonomous driving team of BMW, Intel, Mobileye

SAN FRANCISCO (Reuters) - Fiat Chrysler is joining the self-driving alliance led by BMW Group, Intel Corp and its Mobileye subsidiary, becoming the second automaker in the year-old group to opt to partner in developing an autonomous driving platform. More automakers are seeking alliances to share th...

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Mobile language app Babbel, Cambridge team up for English tests

OXFORD (Reuters) - Germany's Babbel, the highest grossing maker of mobile language-learning apps, has teamed up with Cambridge University's English language certification arm, setting a new, high-quality standard for digital language testing, the companies said on Wednesday. Babbel and Cambridge Eng...

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China e-car newcomer Future Mobility raises $200M in new financing

BEIJING (Reuters) - A Chinese-funded electric-car startup Future Mobility Corp, led by former BMW and Nissan Motor Co sales executive as president and co-founder, has raised $200 million in its latest round of financing. Slideshow (2 Images) Daniel Kirchert, Future Mobility's president, told Reuters...

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Tech companies ramp up NAFTA lobbying on eve of trade talks

WASHINGTON (Reuters) - Technology companies, such as Microsoft (MSFT.O) and Cisco Systems (CSCO.O) have ramped up lobbying ahead of talks to renegotiate the North American Free Trade Agreement, looking to avoid any future restrictions on cloud storage and to promote an international pact to eliminat...

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Lawsuit over false online data revived after U.S. top court review

NEW YORK (Reuters) - A federal appeals court on Tuesday revived a California man's lawsuit accusing Spokeo Inc of publishing an online profile about him that was filled with mistakes. The 9th U.S. Circuit Court of Appeals ruled 3-0 in favor of Thomas Robins, 15 months after the U.S. Supreme Court as...

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Uber settles U.S. allegations over privacy, security: FTC

WASHINGTON (Reuters) - U.S. regulators said on Tuesday that Uber Technologies Inc agreed to do more to protect the privacy of customer and driver data in settling allegations that the ride-hailing company had made deceptive privacy and data security claims. In its complaint, the FTC alleged Uber UBE...

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Amazon opens 'Instant Pickup' points in U.S. brick-and-mortar push

BERKELEY, Ca (Reuters) - Amazon.com Inc is rolling out pickup points in the United States where shoppers can retrieve items immediately after ordering them, shortening delivery times from hours to minutes, the company said on Tuesday. The world's largest online retailer has launched 'Instant Pickup'...

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Tech companies urge U.S. Supreme Court to boost cellphone privacy

WASHINGTON (Reuters) - More than a dozen high technology companies and the biggest wireless operator in the United States, Verizon Communications Inc (VZ.N), have called on the U.S. Supreme Court to make it harder for government officials to access individuals' sensitive cellphone data. The companie...

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Angry Birds maker Rovio's sales jump on movie boost

HELSINKI (Reuters) - Finnish mobile games and animation studio Rovio Entertainment Ltd said on Tuesday its sales in the first half of the year almost doubled following the success of "The Angry Birds Movie." First-half revenue rose to 152.6 million euros ($179.7 million) from 78.5 million a year ear...

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Uber says appeals one-month Philippine suspension, resuming services

MANILA (Reuters) - Uber [UBER.UL] said on Tuesday it had appealed to the Philippine authorities to reconsider a one-month suspension handed out to the ride-hailing firm a day earlier, and was resuming services as it waits for a decision. The Land Transportation Franchising and Regulatory Board (LTFR...

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On the cards: Revenue surge for China's Tencent from popular fantasy game

HONG KONG (Reuters) - With as many active players as the population of Germany, the Honour of Kings mobile game will likely help boost Tencent's quarterly revenue by about 50 percent, shrugging off play-time curbs imposed by the firm to address addiction woes.

U.S. judge says LinkedIn cannot block startup from public profile data

(Reuters) - A U.S. judge on Monday ruled that Microsoft Corp's (MSFT.O) LinkedIn unit cannot prevent a startup from accessing public profile data, in a test of how much control a social media site can wield over information its users have deemed to be public. U.S. District Judge Edward Chen in San F...

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Trump's probe on China intellectual property theft could spur change

WASHINGTON (Reuters) - U.S. President Donald Trump returned to Washington on Monday to authorize an inquiry into China's alleged theft of intellectual property, a step that analysts say is aimed at pressuring Beijing into a negotiated settlement to revise its practices. Trump broke from his 17-day v...

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Qualcomm outlines impact of dispute with Apple after SEC request

(Reuters) - Chipmaker Qualcomm Inc on Monday disclosed further details about the impact of an ongoing dispute with Apple Inc, responding to questions from the U.S. Securities and Exchange Commission. Qualcomm, the largest maker of chips used in smartphones, said revenue in its CDMA technology busine...

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Uber investor gave Kalanick a month before suing to force him off board

(Reuters) - Venture capital firm Benchmark Capital said on Monday it gave Uber and its ousted chief executive, Travis Kalanick, a month to review its recommendations before filing a lawsuit last week to force him off the board and rescind his ability to fill three seats. The lawsuit, filed last Thur...

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Facebook expands Marketplace trading service across Europe

FRANKFURT (Reuters) - Facebook is stepping up its modest moves into e-commerce by expanding its service for connecting local buyers and sellers into 17 new European markets, the U.S. company said on Monday. Marketplace, which sits alongside Facebook's mainstay newsfeed, photo, video, messaging and o...

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British cyber researcher pleads not guilty to U.S. hacking charges

SAN FRANCISCO (Reuters) - British cyber security researcher Marcus Hutchins pleaded not guilty on Monday to federal charges he built and sold malicious code used to steal banking credentials. Hutchins, 23, rose to overnight fame within the hacker community in May when he helped defang the global "Wa...

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China's Guizhou province to oversee Apple's data project

SINGAPORE (Reuters) - China's Guizhou province, where Apple Inc (AAPL.O) has set up its first data center in the country, plans to create a working committee chaired by communist party members to oversee the U.S. company's iCloud facility. China has started to police the Internet more closely and in...

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Snap shares wither more as filings show some investors bailing

NEW YORK (Reuters) - Snap Inc (SNAP.N) shares fell 4 percent on Monday after U.S. securities filings showed some funds dissolving their stakes in the social media company and another brokerage lowered its price target on the stock. Shares of the Snapchat parent are likely to face new pressure on Mon...

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Philippines suspends Uber operations for one month

MANILA (Reuters) - The Philippines on Monday suspended the accreditation and operation of Uber [UBER.UL] for one month, in a decision that followed a government crackdown on unregistered drivers offering app-based ride-hailing services. The Land Transportation Franchising and Regulatory Board (LTFRB...

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Uber improves conditions for British drivers, adds tips

LONDON (Reuters) - Taxi app Uber will improve conditions for its British drivers with changes including in-app tipping, after criticism from lawmakers and unions for not giving them more rights. Drivers for Uber [UBER.UL], food courier Deliveroo and other apps tend to work for a number of firms with...

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