Automaker Geely calls on China to relax mapping rules to speed self-drive development

BEIJING (Reuters) - Chinese automaker Geely [GEELY.UL] called on the government on Thursday to loosen strict controls on mapping, saying current rules in place for national security reasons risk inhibiting the development of self-driving vehicles.

Chinese e-commerce firm JD.com's revenue jumps 47 percent

(Reuters) - JD.com Inc, China's second biggest e-commerce company after Alibaba Group Holding Ltd, said on Thursday fourth-quarter revenue jumped 47 percent, exceeding the company's expectations.

Toshiba to sell $134 million worth of shares in molding machine affiliate

TOKYO (Reuters) - Toshiba Corp said it will sell almost all its stake in affiliate Toshiba Machine Co for $134 million as it scrambles for cash to stave off a financial collapse.

Snap's sought-after shares set for market debut after $3.4 billion IPO

NEW YORK (Reuters) - Snap Inc's in-demand shares are set to start trading in New York on Thursday after the owner of the popular Snapchat messaging app raised $3.4 billion in its initial public offering (IPO) on Wednesday, above its price expectations.

Musk says Tesla to run contest for homemade commercials

(Reuters) - Elon Musk, an active Twitter user, has been Tesla's mouthpiece to the public, informing them about the electric car maker's upcoming products and plans.

Uber rival Lyft looking to raise $500 million fresh funds: source

(Reuters) - Uber competitor Lyft is pitching investors on a new funding round and hopes to net at least $500 million, according to a source familiar with the matter.

Samsung Electronics creates office for product quality improvement

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd said on Thursday it had created an office for global product quality improvements, as the firm tries to recover from the costly failures of its Galaxy Note 7 smartphone.

Hulu to launch non-stop customer service as it readies live TV

(Reuters) - Hulu will provide customer help 24 hours a day, seven days a week ahead of the upcoming launch of its live TV streaming service, and plans to open a service center by the fall, doubling investment in customer service over the next year so it can cope better with any glitches that arise, ...

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Yahoo says about 32 million accounts accessed using 'forged cookies'

(Reuters) - Yahoo Inc , which disclosed two massive data breaches last year, said on Wednesday that about 32 million user accounts were accessed by intruders in the last two years using forged cookies.

Tesla's SolarCity cut 20 percent of staff in 2016

(Reuters) - SolarCity, which was acquired by Tesla Inc at the end of last year, slashed nearly 20 percent of its staff in 2016 as it sought to preserve cash amid slowing growth in the rooftop solar industry.

Exclusive: SEC advisory committee to question Snap's transparency for investors

BOSTON (Reuters) - An investor committee that advises the U.S. Securities and Exchange Commission will next week review if Snap Inc's decision to deny shareholders voting rights might also reduce the social media company's public disclosures on executive pay and other governance matters, the head of...

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Potential SoftBank-WeWork deal highlights flexible office trend

NEW YORK (Reuters) - Burgeoning interest and investment in flexible workspaces is pushing a small corner of the commercial real estate market into the corporate mainstream, and drawing one top executive from Asia to help expand his company's U.S. operations.

HTC virtual reality unit Vive will not match Oculus price cut: statement

SAN FRANCISCO (Reuters) - HTC Corp's virtual reality unit Vive said on Wednesday it would not cut the price of its system in response to a price cut announced earlier in the day by rival Facebook Inc's Oculus platform.

Cloud storage provider Box's revenue rises 29.4 percent

Online data storage provider Box Inc Co-Founder and CEO Aaron Levie (L) and Co-Founder and CFO Dylan Smith (2nd L) celebrate their company's IPO on the floor of the New York Stock Exchange January 23, 2015. REUTERS/Brendan McDermid

FCC blocks stricter broadband privacy rules from taking effect

Ajit Pai, Chairman of U.S Federal Communications Commission, delivers his keynote speech at Mobile World Congress in Barcelona, Spain, February 28, 2017. REUTERS/Eric Gaillard

Parrot to pursue profits with commercial drones

(Reuters) - French drone maker Parrot aims to return to profitability by 2018 by expanding its commercial drone business, its finance chief said on Wednesday.

U.S. appeals court tosses patent verdict against Apple

(Reuters) - A federal appeals court has thrown out a jury verdict that had originally required Apple Inc to pay $533 million to Smartflash LLC, a technology developer and licenser that claimed Apple's iTunes software infringed its data storage patents.

Oculus cuts price for Rift and Touch

(Reuters) - Facebook Inc's virtual reality unit Oculus said on Wednesday it has cut the all-in price for its Rift and Touch products by $200.

Snap vaults venture investor Lightspeed into the Silicon Valley elite

FILE PHOTO: The logo of messaging app Snapchat is seen at a booth at TechFair LA, a technology job fair, in Los Angeles, California, U.S., January 26, 2017. REUTERS/Lucy Nicholson

McDonald's turns to technology, value to win back lost customers

The sign outside a McDonalds restaurant is seen in Westminster, Colorado, U.S. January 23, 2017. REUTERS/Rick Wilking

Turquoise's block trading platform continues to draw flow

LONDON (Reuters) - The dark pool for large block trades operated by London Stock Exchange's Turquoise platform continued to draw in more investors last month as the industry prepares for a sweeping set of regulations that kick in under a year and are set to significantly alter the market structure l...

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Facebook turns to artificial intelligence to tackle suicides

Miniature Facebook banners are seen on snacks prepared for the visit by Facebook's Chief Operating Officer in Paris, France, January 17, 2017. REUTERS/Philippe Wojazer

Twitter turns to algorithms to clamp down on abusive content

The Twitter logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2016. REUTERS/Brendan McDermid/File Photo

Toshiba asks law firm to advise on potential Westinghouse bankruptcy cost: sources

TOKYO (Reuters) - Toshiba Corp has asked a Japanese law firm to help estimate the potential financial impact if it decides its U.S. nuclear unit Westinghouse should file for Chapter 11 protection from creditors, sources with knowledge of the matter said.

Exclusive: Sinclair approaches Tribune Media about possible deal - sources

(Reuters) - Sinclair Broadcast Group Inc has approached rival U.S. broadcaster Tribune Media Co to discuss a potential combination, people familiar with the matter said on Wednesday, a deal that would hinge on existing regulations being relaxed.

Taiwan's Foxconn 'definitely bidding' for Toshiba chip business

Terry Gou, founder and chairman of Taiwan's Foxconn Technology, shown on a screen during the third annual World Internet Conference in Wuzhen town of Jiaxing, Zhejiang province, China November 17, 2016. REUTERS/Aly Song

Wanted: drones to inspect Singapore's underground railway tunnels

SINGAPORE (Reuters) - Singapore is considering using drones and unmanned vehicles to inspect its underground railway tunnels, its transport regulator said on Wednesday, its latest experiment with new technology.

Snap to price long-awaited IPO on Wednesday amid signs of brisk demand

A Snapchat sign hangs on the facade of the New York Stock Exchange (NYSE) in New York City, U.S., January 23, 2017. REUTERS/Brendan McDermid/File Photo

Ofo, Chinese bike-sharing firm, raises $450 million in latest funding round

Students pose for pictures as they use ofo sharing bicycles at a campus in Zhengzhou, Henan province, China, September 6, 2016. China Daily/via REUTERS/File Photo

Snapchat owner Snap Inc said to have worked on drone product: NY Times

(Reuters) - Snapchat's owner Snap Inc has worked on a drone that could help users take overhead videos and photographs and then feed that visual data to the company, the New York Times reported on Tuesday.