Netflix CEO says no progress in entering China

WARSAW (Reuters) - Netflix Inc has made no progress in its plan to enter the potentially lucrative Chinese market as it needs to obtain a government license, its Chief Executive Officer Reed Hastings said on Tuesday.

Chip designer ARM launches processor fit for driverless cars

LONDON (Reuters) - ARM, the British chip designer powering the global mobile phone industry, launched a new processor on Tuesday for driverless cars, seeking to secure its place at the heart of the burgeoning industry.

Electrovaya to supply U.S. firm with batteries for electric vehicles

(Reuters) - Canada's Electrovaya Inc said on Tuesday it signed an agreement to supply lithium-ion batteries for electric vehicles to an original equipment maker, its second such deal with a NYSE-listed Fortune 1000 company.

Renault, Nissan buy French tech firm to develop mobility apps

PARIS/TOKYO (Reuters) - Renault SA and Nissan Motor Co announced on Tuesday they would buy French software development company Sylpheo as they compete with global automakers and tech firms to develop new services including ride hailing and car sharing.

Israel chip designer Ceva rallies as iPhone win to boost profit

TEL AVIV (Reuters) - Shares in Israel's Ceva Inc hit a record high after firms specializing in dissecting and analyzing electronic devices revealed its chip technology is used in Apple Inc's iPhone 7 and 7 Plus phones.

Twilio buys video messaging software; unveils call-quality features

FRANKFURT (Reuters) - Twilio Inc. isn't a name many consumers will recognize, even though it has recently led a modest revival in the U.S. market for technology initial public offerings by nearly quadrupling in value since its stock market debut in June.

SWIFT plans measure to help spot fraudulent bank transfers

LONDON (Reuters) - The SWIFT inter-bank messaging network plans to send daily reports to clients to help them more quickly identify unauthorized payment instructions like those used by hackers to steal $81 million from Bangladesh’s central bank in February.

GM sets Bolt electric car price at $37,495

DETROIT (Reuters) - General Motors Co on Tuesday announced its Chevrolet Bolt electric vehicle will cost under $30,000 after tax breaks, a price that makes it significantly cheaper than the average new U.S. vehicle and sets up a test of whether the technology can go mainstream in the United States.

Ride-hailing app Grab raises $750 million in funding led by SoftBank

SINGAPORE (Reuters) - Southeast Asian ride-hailing firm Grab said it raised $750 million in a funding round led by investor SoftBank Group, adding that it would continue expanding in the region and also significantly invest in mobile payments capabilities.

U.S. may seek power to pre-approve self-driving car technology

WASHINGTON (Reuters) - The Obama administration said Monday it was considering seeking the power to review and approve technology for self-driving cars before they hit the road and said U.S. states should not set individual rules regulating fully self-driving vehicles.

Bitcoin is money, U.S. judge says in case tied to JPMorgan hack

NEW YORK (Reuters) - Bitcoin qualifies as money, a federal judge ruled on Monday, in a decision linked to a criminal case over hacking attacks against JPMorgan Chase & Co and other companies.

Intel names Robert Swan CFO

(Reuters) - Intel Corp named Robert Swan chief financial officer, replacing Stacy Smith who will move to a new role leading sales, manufacturing and operations.

India launches first internet hotline to tackle surge in child porn

NEW DELHI (Thomson Reuters Foundation) - India on Monday launched its first internet hotline to encourage people to report online child pornography and curb a surge in photographs and videos on the internet showing children being sexually exploited, the founders of the initiative said.

Roboats ahoy: Amsterdam canals picked to test self-driving fleet

AMSTERDAM (Reuters) - Self-driving boats and assemblies of robotic platforms will one day shuttle people and goods along Amsterdam's centuries-old canals - if a project part-funded by the Massachusetts Institute of Technology bears fruit.

Twitter to lay off some employees at development center in India

(Reuters) - Twitter Inc said on Monday it would lay off some employees and halt engineering work at one of its development centers in Bengaluru.

Abu Dhabi to introduce new regulations for ride-hailing apps

ABU DHABI (Reuters) - Ride-hailing services such as Uber [UBER.UL] and others will have to register their apps and heed new regulations to operate in Abu Dhabi, a top official at the Gulf emirate's taxi regulator said on Monday.

Tesla says lawsuits could delay SolarCity deal

(Reuters) - Elon Musk-led Tesla Motor Inc said on Monday its proposed acquisition of SolarCity Corp could be delayed due to shareholder lawsuits challenging the deal.

Japanese firm unveils dual robot-armed drone

Japanese company Prodrone has released what it calls "the world's first dual robot arm large-format drone", with the ability to carry heavy objects and perform detailed tasks.

Avnet to sell IT business to Tech Data for $2.6 billion

(Reuters) - U.S. electrical components distributor Avnet Inc said it would sell its IT business to technology products distributor Tech Data Corp for about $2.6 billion.

Exclusive: Google may face Indonesia tax bill of over $400 million for 2015 - government official

JAKARTA (Reuters) - Indonesia plans to pursue Alphabet Inc's Google for five years of back taxes, and the search giant could face a bill of more than $400 million for 2015 alone if it is found to have avoided tax payments, a senior tax official told Reuters.

UPS, Fast Radius to open 3D printing factory in Singapore

CHICAGO (Reuters) - Package delivery company United Parcel Service Inc said on Monday it will expand its 3D printing services to Asia with a new facility in Singapore run by its partner Fast Radius that will open by the end of 2016.

Samsung carrying out 'internal review' after China Galaxy Note 7 fire report: JD.com

BEIJING (Reuters) - Chinese online retailer JD.com Inc said on Monday Samsung Electronics Co Ltd is carrying out an internal review, after the e-commerce firm referred a customer report of a Galaxy Note 7 battery fire to the South Korean company.

Samsung Electronics says sold shares in four companies

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd said on Sunday it sold shares in four companies including ASML Holding NV and Seagate Technology Plc to free up money for additional investments for its core businesses.

Daimler should make e-car components to protect jobs: labor boss

FRANKFURT, Germany (Reuters) - Daimler should avert possible job losses resulting from the expected substitution of conventional cars by electronic vehicles in coming years by making components for electric engines, the carmaker's top labor representative said.

Apple fans hit the NYC flagship store for iPhone 7

The first Apple customers in New York City to snap the new iPhone 7 off the shelves cheered as they entered its flagship store on Friday (September 16), flanked by applauding sales staff.

Twitter grabs average 243,000 viewers in NFL livestream debut

NEW YORK (Reuters) - Twitter Inc attracted an average of 243,000 viewers to Thursday's National Football League livestream of the New York Jets triumph over the Buffalo Bills, the first time the social media platform has broadcast an NFL game.

Mobileye says it warned Tesla against enabling 'hands-free' driving

FRANKFURT (Reuters) - Mobileye NV said in a U.S. securities filing on Friday that its top executives were assured by Tesla Motors Inc Chief Executive Elon Musk that drivers of the company's electric cars would not be allowed to take their hands off the wheel when using the "Autopilot" driving assist...

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Florida man sues Samsung, says Galaxy Note 7 exploded

(Reuters) - Samsung Electronics Co was sued on Friday by a Florida man who said he suffered severe burns after his Galaxy Note 7 smartphone exploded in his front pants pocket.

Sensing threat, UPS plans to expand its 3D printing operations

LOUISVILLE, Ky. (Reuters) - United Parcel Service plans to expand its 3D printing service to Asia and Europe, the U.S. shipping company has told Reuters, in a bid to fully embrace and get ahead of a trend that threatens to eat away a small but lucrative part of its business.

Global central banks confirm formed task force on payments

NEW YORK (Reuters) - A committee of the world's major central banks said on Friday it has launched a task force to examine cyber security in global banking and to ensure protections are in place, confirming an earlier Reuters report.