BlackBerry in software deal with Ford, first with an automaker

TORONTO/BOSTON (Reuters) - BlackBerry Ltd has signed a deal to work directly with Ford Motor Co to expand the carmaker's use of its QNX secure operating system, the Canadian technology company said on Monday, as Ford develops increasingly automated vehicles.

Airbnb, New York in talks to resolve rental law lawsuit: source

NEW YORK (Reuters) - Airbnb Inc and New York state are in talks to resolve a lawsuit brought by the company challenging a law it says could expose it to significant penalties for advertising short-term apartment rentals, a person familiar with the matter said on Monday.

Palantir wins combat data system case against US Army: Bloomberg

(Reuters) - A unit of Peter Thiel's Palantir Technologies Inc has got a second chance to bid for a contract to build the next phase of the U.S. Army's integrated combat data system, potentially worth hundreds of millions of dollars, Bloomberg reported on Monday.

Network gear maker Brocade in advanced talks to sell itself: Bloomberg

(Reuters) - Network gear maker Brocade Communications Systems Inc is in advanced talks to sell itself, Bloomberg reported on Monday, citing people familiar with the matter.

Controversial Chinese cybersecurity law enters home stretch for approval

BEIJING (Reuters) - A controversial Chinese cybersecurity law that has sparked protests from foreign governments and business groups neared approval on Monday as parliament held the third reading of the draft bill.

Facebook says will remove fewer pictures, stories after Vietnam photo row

OSLO (Reuters) - Facebook will allow more content on its platform that it would have earlier removed because it violated its standards, a senior company executive said on Monday, following the controversy over the removal of an iconic Vietnam War photo.

CenturyLink to buy Level 3 Communications for $19.43 billion

(Reuters) - Telecom company CenturyLink Inc said on Monday it would buy Level 3 Communications Inc in a cash-and-stock deal for equity value of $19.43 billion to expand its fiber optic network and high-speed data services.

Alibaba reshuffles entertainment units, to raise 10 billion yuan fund

BEIJING (Reuters) - Alibaba Holdings Group Ltd. said on Monday it has reorganized its media and entertainment businesses to form one group headed by mobile business group head Yu Yongfu.

Israel's Check Point Software third-quarter profit tops estimates

TEL AVIV (Reuters) - Network security provider Check Point Software Technologies reported quarterly profit that beat expectations as customers increasingly focus on preventing cyber attacks.

Sony cuts annual profit outlook due to sale of battery business

TOKYO (Reuters) - Sony Corp said on Monday it was cutting its annual profit outlook due to impairment losses related to the sale of its battery business to Murata Manufacturing Co.

New York's bitcoin hub dreams fade with licensing backlog

NEW YORK (Reuters) - New York's financial regulator had sights set on becoming a global hub for innovations like bitcoin when it adopted trailblazing virtual currency rules last year. But the state lost that momentum when the agency's chief left, putting a licensing process in limbo and allowing riv...

Continue reading

Warming to lithium-ion, Toyota charges up its battery options

TOYOTA CITY, Japan (Reuters) - Engineers at Toyota Motor Corp say they have tamed volatile lithium-ion battery technology, and can now safely pack more power at no significant extra cost, giving the Japanese automaker the option to enter the growing all-electric car market.

German minister ups rhetoric against takeovers ahead of China trip

BERLIN (Reuters) - China is strategically buying up key technologies in Germany while protecting its own companies against foreign takeovers with "discriminatory requirements", German Economy Minister Sigmar Gabriel said on Saturday.

Tesla's Musk adds solar roofs to his clean energy vision

Elon Musk, Chairman of SolarCity and CEO of Tesla Motors, speaks at SolarCityÕs Inside Energy Summit in Manhattan, New York October 2, 2015. REUTERS/Rashid Umar Abbasi/File Photo

Google tries new approach with voice on Pixel phone

(Reuters) - About six months ago, people working on hardware and the voice-activated Google Assistant for the Pixel phone started sitting next to each other at the company's Mountain View, California headquarters, hammering out minute details of its first phone.

Cirrus Logic surges as Wall Street plugs in high-tech earbuds

SAN FRANCISCO (Reuters) - Shares of Apple supplier Cirrus Logic Inc surged 7.5 percent on Friday after its quarterly results beat expectations and Wall Street bet on the future adoption of fancy earbuds with high-end digital technology.

Seventy-five percent of internet use in 2017 will be mobile: report

NEW YORK (Reuters) - Seventy-five percent of internet use will be mobile in 2017, up slightly from this year, as a growing number of consumers around the world access the web on smartphones and tablets, media buying agency Zenith forecast this week.

T.Rowe asks Oracle to raise offer to buy NetSuite

(Reuters) - Oracle Corp should raise its offer to buy NetSuite Inc to $133 per share from the $109-per-share it had proposed in July, NetSuite shareholder T. Rowe Price Group Inc said.

Italy antitrust agency probes WhatsApp messaging service

ROME (Reuters) - Italy's antitrust watchdog said on Friday it had opened a probe into whether messaging service WhatsApp obliged users to agree to sharing personal data with its parent company Facebook and imposed "unfair" conditions on users.

Comma.ai shelves self-driving device after regulatory warning

(Reuters) - Comma.ai is canceling development of a planned self-driving device after U.S. safety regulators threatened to prohibit its sale, the San Francisco-based startup company said Friday on Twitter.

Spending vs. profits: Amazon and investors at odds again

(Reuters) - Amazon Inc may be a "buy" for the vast majority of analysts, but it was a "sell" for a lot of investors on Friday.

UK tribunal rules Uber drivers deserve workers' rights

LONDON (Reuters) - Uber should no longer treat its drivers as self-employed, a British tribunal ruled on Friday, in a decision which threatens the taxi app's business model by forcing it to pay the minimum wage and offer holiday entitlement.

Swiss rail operator to sell bitcoins at its ticket machines

ZURICH (Reuters) - Switzerland's national railways firm SBB is branching out next month with the launch of a new service on its ticket machines to sell bitcoins, the web-based digital currency.

Amazon targets Chinese demand for overseas shopping with Prime launch

BEIJING (Reuters) - Amazon.com Inc has launched a tailored version of its Prime service in China to tap consumer demand for overseas goods, putting the U.S. online retail firm in closer competition with local rivals Alibaba Group and JD.com.

Toyota invests in U.S. car-sharing service

TOKYO (Reuters) - Toyota Motor Corp on Friday said it has invested in U.S. car-sharing company Getaround, a move that comes as global automakers seek to shore up their presence in new technology sectors amid growing competition from transport startups.

EU privacy watchdogs warn WhatsApp on privacy policy, Yahoo on breach

BRUSSELS (Reuters) - European privacy watchdogs said on Friday they had sent letters to WhatsApp over its sharing of information with parent company Facebook and Yahoo over a 2014 data breach and its scanning of customer emails for U.S. intelligence purposes.

Facebook executives feel the heat of content controversies

SAN FRANCISCO/WASHINGTON (Reuters) - After Facebook's removal of an iconic Vietnam war photo stirred an international uproar last month, the social network's executives quickly backtracked and cleared its publication.

After third-quarter revenue drop, Baidu warns China ad curbs to hit fourth-quarter harder

BEIJING (Reuters) - Chinese internet search giant Baidu Inc warned investors fourth-quarter revenue will slide, hitting shares, as a government crackdown on healthcare advertising that tipped the firm into its first-ever quarterly sales drop bites even harder.

Amazon delivery contractor settles on New York back wages

New York (Reuters) - An Amazon.com Inc delivery contractor in New York City has agreed to pay $100,000 in back wages to drivers after making deductions for lunch breaks that the workers never took, the state attorney general's office said on Friday.

Booz Allen says ex-FBI director conducting review after employee arrest

WASHINGTON (Reuters) - Booz Allen Hamilton said on Thursday it had asked a former FBI director to conduct a review of the firm’s security, personnel, and management processes and practices after the arrest of a former National Security Agency contractor employed by the firm charged with steali...

Continue reading