Apple focusing on autonomous car system - CEO Cook on Bloomberg

(Reuters) - Apple Inc is concentrating on technology for self-driving cars, Chief Executive Tim Cook said for the first time in an interview with Bloomberg.

Thomson Reuters ties up with Wall Street chat service Symphony

(Reuters) - Thomson Reuters Corp has partnered with Symphony Communication Services LLC, the maker of a Wall Street chat service, to offer financial professionals the ability to share data seamlessly.

WorldRemit adds Android Pay as secure option for migrant remittances

SAN FRANCISCO (Reuters) - Cross-border money transfer service WorldRemit is enabling its immigrant customer base to send money home using Android Pay, making it the first international remittance firm to run on the Google payments system, the company said on Tuesday.

Fiserv to buy UK mobile payments pioneer Monitise for 70 million pounds

(Reuters) - U.S. financial technology provider Fiserv said on Tuesday it had agreed to buy British financial services technology firm Monitise Plc for about 70 million pounds ($88.72 million).

Sony unveils new 'Spider-man' game at E3 expo

LOS ANGELES (Reuters) - Sony unveiled a new "Spider-man" game for its Playstation video console at the Electronic Entertainment Expo (E3) in Los Angeles on Monday.

Toshiba faces fresh lawsuit, plans provision for year ended March

FILE PHOTO: The logo of Toshiba is seen as a shareholder arrives at Toshiba's extraordinary shareholders meeting in Chiba, Japan March 30, 2017. REUTERS/Toru Hanai/File Photo

Indonesia has reached tax deal with Google for 2016: finance minister

Indonesia has reached a settlement with Alphabet Inc's Google for 2016 in their dispute over taxes, the country's finance minister said on Tuesday. "We already have an agreement with them based on 2016. But we can't disclose the figure, that is a secret," Indonesia Finance Minister Sri Mulyani Indra...

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Hyundai Motor unveils new small SUV as China sales skid

GOYANG, South Korea (Reuters) - Hyundai Motor on Tuesday unveiled its first subcompact sport utility vehicle (SUV) for advanced markets including the United States, Europe and South Korea, betting on the model to offset sliding sales in China.

Digital token project Bancor raises nearly $147 million

NEW YORK (Reuters) - The Bancor token project raised about $147 million on Monday in an initial coin offering, making it the second-largest fundraising campaign in the blockchain industry, according to the Bancor website.

Supreme Court to rule on legality of patent review system

(Reuters) - The U.S. Supreme Court agreed on Monday to decide whether a federal administrative process frequently used by technology companies to ward off patent infringement lawsuits violates the constitutional rights of patent owners.

Coinbase exchange has outage due to high trading volume

NEW YORK (Reuters) - Digital currency exchange Coinbase said on Monday it was experiencing an outage due to an increase in traffic and trading volume.

India's Wipro says date for ADR bonus issue not decided

(Reuters) - Indian software exporter Wipro Ltd said on Monday the payable date for its American Depository Receipts (ADR) bonus issue is yet to be determined.

Germany delays common European redress for patent violations

KARLSRUHE (Reuters) - Germany's constitutional court has held up a European patent law that would have allowed inventors in any member country to easily challenge patent violations in any other EU country, a spokeswoman said on Monday.

Tech rout sparks search for value

NEW YORK (Reuters) - The "sell in May" memo arrived a bit late in some investors' inboxes this year.

Uber CEO Kalanick likely to take leave, exec Michael to leave: source

(Reuters) - Uber Technologies Inc [UBER.UL] Chief Executive Travis Kalanick is likely to take a leave of absence from the troubled ride-hailing company, but no final decision has yet been made, according to a source familiar with the outcome of a Sunday board meeting.

U.S. top court rules for Microsoft in Xbox class action fight

WASHINGTON (Reuters) - The U.S. Supreme Court on Monday ruled in favor of Microsoft Corp in its bid to fend off class action claims by Xbox 360 owners who said the popular videogame console gouges discs because of a design defect.

Apple shares fall in premarket trade after Mizuho downgrade

NEW YORK (Reuters) - Apple shares were stung by a broker downgrade for a second straight week on Monday, sending the stock lower in premarket trading, and on the heels of a sharp selloff in the tech sector in the prior session.

U.S. banks launching answer to peer-to-peer payment app Venmo

NEW YORK (Reuters) - The U.S. banking industry is about to launch its answer to the popular mobile payments app Venmo, in what is likely to be the biggest change in years in how individuals exchange funds digitally.

Exclusive: Foxconn says Apple, Dell part of its bid for Toshiba chip business

TAIPEI (Reuters) - Apple Inc, computing giant Dell Inc and Kingston Technology Co are members of a Foxconn-led consortium bidding for Toshiba Corp's chip unit, the CEO of the world's largest electronics manufacturer told Reuters on Monday.

JLR unit invests $25 million in Lyft to help develop self-driving cars

(Reuters) - Britain's biggest carmaker Jaguar Land Rover said its mobility services business, InMotion Ventures, would invest $25 million in U.S. ride services company Lyft Inc to help develop and test technology for self-driving cars.

Uber board adopts all recommendations from Eric Holder investigation

SAN FRANCISCO (Reuters) - The Uber Technologies Inc [UBER.UL] board of directors has voted unanimously to adopt all recommendations from a report stemming from allegations of sexual harassment at the company and other employee concerns, a board representative said on Sunday.

Uber board to discuss CEO absence, policy changes: source

SAN FRANCISCO (Reuters) - Uber Technologies Inc's [UBER.UL] board will discuss Chief Executive Travis Kalanick temporarily stepping away from the embattled ride-hailing firm and consider sweeping changes to the company's management practices at a meeting on Sunday, according to a person familiar wit...

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Germany's Merkel says digital world needs global rules

MEXICO CITY (Reuters) - German Chancellor Angela Merkel said on Saturday that the digital world needs regulations like those that exist for financial markets in the G20 and for trade under the World Trade Organization.

German election director eyes possible quiet period before election

BERLIN (Reuters) - Germany should consider imposing a "quiet period" immediately before the federal election in September, similar to a media policy in place in France, election director Dieter Sarreither said, amid concerns about possible meddling by Russia.

Costs of bank cyber thefts hit SWIFT profit last year

LONDON (Reuters) - Dealing with cyber hacks on banks ate into profit last year at the SWIFT messaging system, which financial institutions use to move trillions of dollars each day.

Western Digital to raise Toshiba chip offer to $18 billion or more: source

TOKYO (Reuters) - Western Digital Corp plans to raise its offer for Toshiba Corp's prized semiconductor unit to 2 trillion yen ($18 billion) or more, a person familiar with the matter said, marking a last-ditch effort to clinch a deal that both companies consider vital.

Apple's Cook tells MIT graduates: temper technology with humanity

CAMBRIDGE, Mass. (Reuters) - Apple CEO Tim Cook on Friday warned graduates at MIT, a pioneer in fields like computers and robots, about technology's dehumanizing aspects and urged them to infuse its development with their own values.

EU antitrust regulators to investigate $38 billion Qualcomm, NXP deal

BRUSSELS (Reuters) - EU antitrust authorities opened an investigation on Friday into Qualcomm's $38-billion bid for NXP Semiconductors , ratcheting up pressure on the U.S. smartphone chipmaker to offer concessions to address their concerns.

Exclusive: Brazil's Oi considers capital hike to accelerate reorganization

SAO PAULO (Reuters) - Oi SA is working on a proposal to raise 8 billion reais ($2.4 billion) in fresh capital from shareholders and investors as a way to accelerate the Brazilian wireless carrier's emergence from bankruptcy, Chief Executive Officer Marco Schroeder told Reuters on Friday.

Electric wacky racers take to Switzerland's roads

ZURICH (Reuters) - An oddball convoy of electric-powered wacky racers including a converted garbage truck and new type of bubble car takes to the streets of Switzerland from Friday to promote plug-in vehicles.