Toyota engineer aims to recharge sales for Prius plug-in

TOKYO (Reuters) - The chief engineer of Toyota Motor Corp's Prius gasoline hybrid cars said he would like to see the automaker sell 1 million units of the new plug-in version over its product life cycle, saying the vehicle is set to become its showpiece "eco" car in the next decade or so.

Indonesia to investigate Google for possible unpaid taxes

JAKARTA (Reuters) - Indonesia's tax office will investigate Alphabet Inc's Google for alleged unpaid taxes in Southeast Asia's largest economy, a senior finance ministry official said on Thursday.

Sony aims to extend VR content to films, no plans for smartphone-based headset

CHIBA (Reuters) - Sony Corp aims to extend content for its dedicated virtual-reality (VR) headset into non-gaming areas such as TV and film, and has no plans to join the burgeoning market for smartphone-based headsets, its gaming division chief said.

Apple says initial quantities of iPhone 7 Plus sold out

SAN FRANCISCO (Reuters) - Initial quantities of the iPhone 7 Plus have sold out globally as Apple Inc prepares to roll out its new gadget in stores, the company said Wednesday.

Labels release cut-rate music streaming service amid shift to flexible pricing

(Reuters) - Two major record labels are rolling out a low-priced music streaming service in the United Kingdom, a rare foray by record companies directly into the field and another sign the industry is finally moving toward more flexible pricing.

Japan report shows Apple, Google hinder app competition: Nikkei

(Reuters) - Apple Inc and Alphabet Inc's Google engage in practices that undermine competition in the smartphone app market, Nikkei said, citing a report by Japan's Ministry of Economy, Trade and Industry.

Mobileye says Tesla was 'pushing the envelope in terms of safety'

FRANKFURT/TEL AVIV (Reuters) - Mobileye broke ties with Tesla Motors because the Silicon Valley firm was “pushing the envelope in terms of safety” with the design of its Autopilot driver-assistance system, Mobileye’s chairman said on Wednesday.

U.S.-Israeli app testing firm Applause raises $35 million

TEL AVIV (Reuters) - U.S.-Israeli Applause said on Wednesday it has raised $35 million in a financing round led by Credit Suisse's Direct Equity Partners and Accenture, bringing its total funding to date to more than $115 million.

iPhone optimism blasts Apple stock to 2016 high

SAN FRANCISCO (Reuters) - Apple's stock hit a 2016 high on Wednesday, with its market value peaking above $600 billion for the first time since April as Wall Street bet the technology company's newest iPhone would help shore up falling sales.

Blocking Internet oversight transition a 'gift to Russia': Obama administration

WASHINGTON (Reuters) - Delaying or blocking a planned transition of oversight of the Internet's technical management from the U.S. to a global community of stakeholders would be a "gift to Russia" and other authoritarian regimes, a senior Obama administration official said Wednesday.

Amazon launches voice-powered Echo speakers in Britain and Germany

LONDON (Reuters) - Online retailer Amazon brought Echo, its voice-activated smart home controls device to Britain and Germany on Wednesday, hoping the Star Trek-inspired gadget will replicate the success it has seen in the United States.

Lawyers replaced by robots? UK start-up aims to cut out 'grunt work'

LONDON (Reuters) - The entrepreneur behind British software company Autonomy has invested in a start-up called Luminance that uses artificial intelligence to read documents and speed up the legal process around deals, potentially cutting out some lawyers.

Tesla says it is investigating cause of fatal China crash

(Reuters) - Tesla Motors Inc is investigating the cause of a fatal crash in China involving one of its vehicles, but has "no way of knowing" if its semi-automated Autopilot system was engaged at the time of the accident, the company said in a statement on Wednesday.

Sapphire Ventures closes $1 billion fund to back startups

SAN FRANCISCO (Reuters) - Venture capital firm Sapphire Ventures has closed a $1 billion fund to invest in technology startups, becoming the latest investment firm to join a record-breaking clip of venture fundraising.

Mobileye poised to seal more marquee deals for self-driving cars

TEL AVIV/FRANKFURT (Reuters) - Mobileye, a leading supplier of collision-avoidance car sensor systems, expects to seal its second alliance with a leading carmaker for self-driving vehicles in the next few months, the company's chairman said on Wednesday.

Twitter launches video app for Apple and Amazon TV, Xbox One

(Reuters) - Twitter Inc launched a new video streaming application for Apple Inc and Amazon.com Inc TV platforms, as well as Microsoft Corp's Xbox One gaming console as it brings its video content to the forefront.

Pirate booty? Startups see new ad market in illegal downloaders

(Reuters) - A small number of U.S.-based startups are harvesting data about the hundreds of millions people who illegally stream movies, TV shows and music in a bid to create a new advertising market.

U.S. ITC to launch industrial software probe, including Advantech products

WASHINGTON (Reuters) - The U.S. International Trade Commission on Wednesday said it would launch an investigation into certain industrial control system software products following a complaint filed by Rockwell Automation Inc.

Ford charts cautious path toward self-driving, shared vehicles

DETROIT (Reuters) - Ford Motor Co Chief Executive Mark Fields is looking for more deals to advance the automaker's expansion into ride services and autonomous vehicles, but will not rush to match big spending by auto industry rivals, he told Reuters.

Volkswagen sets up cyber security firm with ex-Israeli spy chief

JERUSALEM (Reuters) - Volkswagen is forming a company with the former head of Israel's Shin Bet intelligence agency to develop cyber security systems for Internet-connected cars and self-driving vehicles, the partners said in a statement on Wednesday.

Uber debuts self-driving vehicles in landmark Pittsburgh trial

PITTSBURGH (Reuters) - When Pittsburgh wakes up on Wednesday morning, some residents will have the choice of going about their day in an Uber that drives itself.

Samsung China to recall 1,858 Galaxy Note 7 smartphones: watchdog

A Samsung Electronics' Galaxy Note 7 new smartphone is displayed at its store in Seoul, South Korea, September 2, 2016. REUTERS/Kim Hong-Ji/File Photo

China to cut import tariffs of some IT products for most favored nations

BEIJING (Reuters) - China will cut import tariffs for over 200 information technology products for the World Trade Organization's most favored nations from September 15, the Ministry of Finance said on Wednesday.

Telecom Italia not worried about Iliad's entry into Italy: CEO

ROME (Reuters) - Telecom Italia is not worried about French telecoms group Iliad's entry into the Italian market and plans counter measures to defend its position, the head of the Italian phone company said on Wednesday.

Samsung to cap Note 7 battery charge in South Korea via software update

SEOUL (Reuters) - Samsung Electronics Co Ltd , which has urged users of its Galaxy Note 7 smartphone to turn them in due to fire-prone batteries, said it will perform a software update in South Korea that limits the devices' charge to 60 percent.

Facebook, Twitter join network to tackle fake news

NEW YORK (Reuters) - Facebook Inc and Twitter Inc have joined a network of over 30 news and technology companies to tackle fake news and improve the quality of information on social media, the group said on Tuesday.

Lawmakers aim to delay U.S. ceding control of Internet's management

WASHINGTON (Reuters) - Critics of a plan for the U.S. government to cede control of the Internet's technical management to other countries might succeed in delaying such a move in Congress, a senior lawmaker said on Tuesday.

SpaceX aims to resume launches in November, president says

CAPE CANAVERAL, Fla. (Reuters) - SpaceX is aiming to resume flights in November following a launch pad fire that destroyed a Falcon 9 rocket and an Israeli communications satellite it was due to lift into orbit, the company’s president said on Tuesday.

Short-seller Chanos calls Tesla-SolarCity merger 'crazy': CNBC conference

NEW YORK (Reuters) - The prominent short-seller Jim Chanos, founder of Kynikos Associates, on Tuesday called the proposed merger of Tesla Motors Inc and SolarCity Corp "crazy," noting that the combined company would need constant access to capital markets.

Silicon Valley online course to mint self-driving car engineers

New Autopilot features are demonstrated in a Tesla Model S during a Tesla event in Palo Alto, California October 14, 2015. REUTERS/Beck Diefenbach