Tesla crash raises stakes for self-driving vehicle startups

Concerns raised by the first reported fatality in a semi-automated car were expected to speed adoption of more sensitive technology to help vehicles see and drive themselves safely, increasing demand on the emerging autonomous vehicle technology industry, investors and analysts said. Goldman Sachs f...

Continue reading

Tencent-backed automaker plans to launch self-driving, electric car before 2020: CEO

Dancers perform underneath the logo of Tencent at the Global Mobile Internet Conference in Beijing May 6, 2014. Reuters/Kim Kyung-Hoon/File Photo An automotive venture backed by China tech giant Tencent aims to launch an electric self-driving car before 2020, the chief executive told Reuters on Tues...

Continue reading

IBM to open first blockchain innovation center in Singapore

The logo of IBM is seen on a computer screen in Los Angeles, California, United States, April 22, 2016. Reuters/Lucy Nicholson/File Photo IBM plans to open a blockchain innovation center in Singapore in collaboration with the government, as the city-state strives to become Asia's main financial tech...

Continue reading

Google self-driving car project names general counsel as scrutiny rises

A prototype of Google's own self-driving vehicle is seen during a media preview of Google's current autonomous vehicles in Mountain View, California. Reuters/Elijah Nouvelage Alphabet Inc's (GOOGL.O) Google self-driving car project said on Monday it appointed its first general counsel, as U.S. regul...

Continue reading

Google notifies users of 4,000 state-sponsored cyber attacks per month: executive

A woman holds her smart phone which displays the Google home page, in this picture illustration taken February 24, 2016. Reuters/Eric Gaillard/Illustration/Files A senior executive of Alphabet Inc's (GOOGL.O) Google unit said on Monday that the company was notifying customers of 4,000 state-sponsore...

Continue reading

SEC to probe Tesla for possible securities law breach: WSJ

The Tesla Model S version 7.0 software update containing Autopilot features is demonstrated during a Tesla event in Palo Alto, California, U.S., October 14, 2015. Reuters/Beck Diefenbach/File Photo The Securities and Exchange Commission is investigating Tesla Motors Inc for a possible securities law...

Continue reading

Time Warner unit settles charges it used online 'influencers': FTC

Warner Bros company flags are seen at the MIPTV, the International Television Programs Market, in Cannes, France, April 4, 2016. Reuters/Eric Gaillard Warner Bros. Home Entertainment Inc, a unit of Time Warner Inc, has settled charges that it deceived consumers by failing to adequately disclose its ...

Continue reading

Microsoft confirms Finnish site closure and job cuts

A Microsoft logo is seen a day after Microsoft Corp's $26.2 billion purchase of LinkedIn Corp, in Los Angeles, California, U.S. June 14, 2016. Reuters/Lucy Nicholson Microsoft (MSFT.O) on Monday confirmed it will close its Finnish mobile phone unit and cut up to 1,350 jobs in the Nordic country. The...

Continue reading

Megaupload coming back? Founder Kim Dotcom plans a relaunch in 2017

German tech entrepreneur Kim Dotcom speaks to the press after appearing in an Auckland courthouse, December 23, 2015. Reuters/Chris Cameron Flamboyant German tech entrepreneur Kim Dotcom is planning to relaunch file-sharing website Megaupload in January 2017, five years after the U.S. government too...

Continue reading

Relatives of Palestinian attack victims sue Facebook for $1 billion in U.S. court

A 3D plastic representation of the Facebook logo is seen in this illustration in Zenica, Bosnia and Herzegovina, May 13, 2015. Reuters/Dado Ruvic A group of Israelis and Americans bereaved in Palestinian attacks said on Monday they would seek $1 billion in damages from Facebook Inc. (FB.O) for alleg...

Continue reading

Global bank messaging system calls in help to bolster cyber defenses

The Swift bank logo is pictured in this photo illustration taken April 26, 2016. To match Exclusive CYBER-HEIST/BANGLADESH Reuters/Carlo Allegri/File Photo SWIFT, a messaging system used by banks across the world, announced further steps on Monday to bolster its defenses against hackers, after crimi...

Continue reading

Japan's Line sets top price for up to $1.3 billion IPO

The logo of free messaging app Line is pictured on a smartphone and the company's stuffed toy in this photo illustration taken in Tokyo, Japan, September 23, 2014. Reuters/Toru Hanai/Illustration/File Photo Line Corp set the price for its initial public offering at the top of its marketing range, ra...

Continue reading

Nintendo shares surge on Pokemon mobile game hopes

People ride escalators past an advertisement of the Nintendo Co videogame maker at an electronic retailer in Tokyo, Japan, April 25, 2016. Reuters/Thomas Peter Shares of Japan's Nintendo Co soared more than 20 percent in early Tokyo trading on Monday, extending last week's gains, on hopes that the p...

Continue reading

Musk hints at top secret Tesla masterplan: tweet

Tesla Chief Executive Elon Musk smiles as he attends a forum on startups in Hong Kong, China January 26, 2016. Reuters/Bobby Yip/File Photo Tesla Motors Inc (TSLA.O) CEO Elon Musk on Sunday tweeted his intention to soon publish part two of his "top secret Tesla masterplan" following an embattled sev...

Continue reading

Germany's electric car discount scheme spurs new BMW i3 sales: report

BMW has recorded rising sales of the latest version of its electric car, the i3, following the Berlin government's push to subsidize electric cars, weekly German newspaper Frankfurter Allgemeine Sonntagszeitung (FAS) said. Citing company sources, FAS said that orders for the new i3 with a longer ran...

Continue reading

Obama says U.S. government must improve cyber security

U.S. President Barack Obama answers a reporter's questions after meeting with Spain's acting Prime Minister Mariano Rajoy at the Palacio de la Moncloa in Madrid, Spain July 10, 2016. Reuters/Jonathan Ernst U.S. President Barack Obama said on Sunday that the U.S. government has to improve its cyber s...

Continue reading

German authority would not have approved beta-phase Tesla autopilot: newspaper

The interior of a Tesla Model S is shown in autopilot mode in San Francisco, California, U.S., April 7, 2016. Reuters/Alexandria Sage/File Photo Germany's Federal Office for Motor Vehicles (KBA) would not have approved the autopilot system installed on Tesla (TSLA.O) cars if the technology was still...

Continue reading

European tech investors spot safe havens from Brexit worries

Technology investors seeking refuge after Brexit are picking companies delivering instant access to services for Web and mobile customers or firms mainly doing business globally which can benefit from the pound's fall. They are shying away from hardware makers or e-commerce suppliers with sizeable U...

Continue reading

Jack Ma says lawsuits, probes help Alibaba to be understood

Lawsuits and investigations are an opportunity for Alibaba Group Holding Ltd to be better understood, founder and executive chairman Jack Ma said in an interview on Saturday. The U.S. Securities and Exchange Commission (SEC) launched a probe earlier this year into the Chinese e-commerce firm's accou...

Continue reading

Exclusive: Imperva seeks investment bank to explore options - sources

U.S. cyber security company Imperva Inc (IMPV.N) is seeking to hire an investment bank to help it explore strategic options after coming under pressure from activist hedge fund Elliott Management Corp, according to people familiar with the matter. The move comes after Elliott unveiled an 8.8 percent...

Continue reading

Facebook tests end-to-end encryption on Messenger

A 3D plastic representation of the Facebook logo is seen in this illustration in Zenica, Bosnia and Herzegovina, May 13, 2015. Reuters/Dado Ruvic Facebook Inc (FB.O) on Friday said it began testing end-to-end encryption on its popular Messenger application to prevent snooping on digital conversation...

Continue reading

Bitcoin 'miners' face fight for survival as new supply halves

Marco Streng is a miner, though he does not carry a pick around his base in south-western Iceland. Instead, he keeps tens of thousands of computers running 24 hours a day in fierce competition with others across the globe to earn bitcoins. In the world of the web-based digital currency, it is not ce...

Continue reading

German ministry denies investigating Tesla over software updates

Germany's Transport Ministry denied a report on Friday that it was investigating Tesla Motors Inc for updating driving assistance software without informing authorities, but said it was "clarifying technical issues" on the matter. German magazine Der Spiegel reported, without citing a source, that t...

Continue reading

Uber drivers fined in Denmark

Six Uber [UBER.UL] drivers in Denmark were found guilty on Friday by a Copenhagen court of violating Danish taxi laws and fined 2,000 to 6,000 Danish crowns ($300-900) each. The case is another blow to the U.S. based ride-hailing app that has sparked protests and legal action around the world from t...

Continue reading

Twitter in talks with NBA, MLS, Turner to stream sports: Recode

A 3D-printed logo for Twitter is seen in this picture illustration made in Zenica, Bosnia and Herzegovina on January 26, 2016. Reuters/Dado Ruvic/Illustration/File Photo Twitter Inc is in talks with the NBA, Major League Soccer and Time Warner Inc's cable network Turner Broadcasting for rights to st...

Continue reading

Panasonic expects to double sales of electric car batteries in three years

Pedestrians walk past a logo of Panasonic Corp outside Panasonic Center in Tokyo, Japan, February 3, 2016. Reuters/Yuya Shino Japan's Panasonic Corp said it expects strong demand for its lithium-ion batteries from Tesla Motors Inc to help more than double its annual sales of automobile-related batte...

Continue reading

EU-U.S. commercial data transfer pact clears final hurdle

A Google search page is seen through a magnifying glass in this photo illustration taken in Berlin, August 11, 2015. Reuters/Pawel Kopczynski/Files A commercial data transfer pact provisionally agreed by the EU executive and the United States in February received the green light from EU governments ...

Continue reading

LG Electronics says second-quarter profit more than doubled vs year earlier

South Korea's LG Electronics Inc said on Friday its second-quarter operating profit likely reached a two-year high, with analysts pointing to strong contributions from its mainstay home appliances and television set businesses. The world's second-biggest TV maker by market share, behind compatriot S...

Continue reading

Nintendo shares surge on hopes for new Pokemon mobile game

Attendees walk past the Nintendo of America Inc. booth during the Electronic Entertainment Expo or E3 in Los Angeles June 7, 2011. Reuters/Danny Moloshok/File Photo Shares in Japanese gaming group Nintendo Co jumped more than 10 percent on Friday, buoyed by expectations for its recently launched Pok...

Continue reading

Uber raises $1.15 billion leveraged loan

An Uber car is seen parked with the driver's lunch left on the dashboard in Venice, California, United States on July 15, 2015. Reuters/Lucy Nicholson/File Photo Uber Technologies Inc. [UBER.UL] has secured a $1.15 billion leveraged loan, a person familiar with the matter said on Thursday, the lates...

Continue reading