Lyft hires investment bank Qatalyst Partners: WSJ

A smartphone app for Lyft drivers is seen during a photo opportunity in San Francisco, California February 3, 2016. Reuters/Stephen Lam Ride-sharing service Lyft has hired investment bank Qatalyst Partners, the Wall Street Journal reported on Monday, citing people familiar with the matter. Qatalyst ...

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U.S. extends ZTE's reprieve for alleged Iran sanctions violations

A ZTE smartphone Grand S is displayed during a news conference in Taipei October 12, 2013. Reuters/Pichi Chuang The U.S. government has extended through Aug. 30 a reprieve to Chinese smartphone maker ZTE Corp on the tough export restrictions it imposed on the company in March, the Commerce Departmen...

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SolarCity forms special committee to evaluate Tesla offer

Elon Musk, chairman of SolarCity and CEO of Tesla Motors, speaks at SolarCity's Inside Energy Summit in Manhattan, New York October 2, 2015. Reuters/Rashid Umar Abbasi/File Photo Solar panel maker SolarCity Corp (SCTY.O) said on Monday it has formed a special committee to evaluate Tesla Motors Inc's...

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Google beats children's web privacy appeal, Viacom must face one claim

A woman holds her smart phone which displays the Google home page, in this picture illustration taken February 24, 2016. Reuters/Eric Gaillard A federal appeals court on Monday said Google and Viacom need not face a nationwide lawsuit claiming they illegally tracked the activity of children under th...

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Uber and Pandora partner to offer music to drivers

Traders work at the kiosk where Pandora internet radio is traded on the floor of the New York Stock Exchange June 15, 2011. Reuters/Brendan McDermid/File Photo GLOBAL BUSINESS WEEK AHEAD PACKAGE - SEARCH 'BUSINESS WEEK AHEAD APRIL 25' FOR ALL IMAGES - RTX2BGVT Ride-hailing giant Uber is integrating ...

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German publishers appeal decision in market power case against Google

A security guard keeps watch as he walks past a logo of Google at an exhibition stage during the 4th China (Shanghai) International Technology Fair 2016 in Shanghai, China, April 21, 2016. Reuters/Aly Song German publishers have appealed a Berlin court's rejection of a case in which they accused Goo...

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Bat wings inspire new breed of drone

The unique mechanical properties of bat wings could lead to a new breed of nature-inspired drone. A prototype built by researchers at the University of Southampton shows that membrane wings can have improved aerodynamic properties and fly over longer distances on less power. "The unique aspect of a ...

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China moves closer to adopting controversial cybersecurity law

The Google logo is seen on the top of its China headquarters building, behind a road surveillance camera in Beijing March 15, 2010. Reuters/Jason Lee China moved closer on Monday to adopting a controversial cybersecurity law, after parliament held a second reading of the draft rules, which carry sig...

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Bangladesh central bank ends FireEye investigation into cyber heist

Commuters pass by the front of the Bangladesh central bank building in Dhaka March 8, 2016. To match Exclusive CYBER-HEIST/BANGLADESH Reuters/Ashikur Rahman/File Photo - RTSFZGE Bangladesh's central bank has ended a contract with U.S. cyber security firm FireEye to investigate February's online thef...

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Line IPO range announcement delayed until Tuesday

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 Japanese messaging app firm Line Corp has delayed setting a tentative price range for its init...

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China tech powerhouse Tsinghua bets $7.5 billion on R&D, urges faster reforms

Xu Jinghong, Chairman of Tsinghua Holdings attends the session ''The Future of ''Made China'''' during the Annual Meeting 2016 of the World Economic Forum (WEF) in Davos, Switzerland January 21, 2016. Reuters/Ruben Sprich State-backed Chinese technology group Tsinghua Holdings plans to spend $7.5 bi...

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Kuka nears deal with Chinese bidder: source

A robot arm of German industrial robot maker Kuka is pictured at the company's stand during the Hannover Fair in Hanover, Germany, April 25, 2016. Reuters/Wolfgang Rattay German robotics maker Kuka (KU2G.DE) is on the brink of agreeing to an investor agreement with Chinese bidder Midea (000333.SZ) t...

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Line, the biggest tech IPO of the year, struggles to show its growth plan can work

In delaying its IPO by two years, Japanese messaging app company Line Corp bought time to correct weak financial reporting controls, work on its business plan, bolster staffing - and left billions of dollars on the table as its valuation shriveled. Line's initial public offering in the next three we...

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Alipay could take stake in Wirecard: report

A sales assistant sits behind and under Alipay logos at a train station in Shanghai, February 9, 2015. Reuters/Aly Song/File Photo Wirecard AG is negotiating with representatives of Alipay, a unit of Chinese e-commerce giant Alibaba, about it taking a stake of up to 25 percent in the German banking ...

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SolarCity recuses two more board members from voting on Tesla offer

Elon Musk, chairman of SolarCity and CEO of Tesla Motors, speaks at SolarCity's Inside Energy Summit in Manhattan, New York October 2, 2015. Reuters/Rashid Umar Abbasi/File Photo Two additional SolarCity Corp board members with ties to Elon Musk are recusing themselves from making decisions regardin...

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China tightens controls on paid-for internet search ads

A map of China is seen through a magnifying glass on a computer screen showing binary digits in Singapore in this January 2, 2014 photo illustration. Reuters/Edgar Su China's internet regulator said on Saturday that search engines should tighten management of paid-for ads in search results, making c...

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'Investing for good' gains appeal amid rocky tech startup market

As valuations flounder for Silicon Valley startups once worth billions of dollars, investor interest is on the rise in startups with both financial and social benefits, such as healthcare software for poor communities or low cost solar panels for homes. So-called "impact investing" rose to $15.2 bil...

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Exclusive: Google, Facebook quietly move toward automatic blocking of extremist videos

Some of the web’s biggest destinations for watching videos have quietly started using automation to remove extremist content from their sites, according to two people familiar with the process. The move is a major step forward for internet companies that are eager to eradicate violent propagan...

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Citigroup resolves 'technical issue' that left accounts frozen

A Citigroup office is seen at Canary Wharf in London, Britain May 19, 2015. Reuters/Suzanne Plunkett Citigroup Inc said on Friday it resolved a technical issue that had left customers unable to access their accounts remotely. Customers had taken to social media to complain about the major outage. "W...

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Collaborative robots open new fronts in automation

A Baxter robot of Rethink Robotics picks up a business card as it performs during a display at the World Economic Forum (WEF), in China's port city Dalian, Liaoning province, China, September 9, 2015. Reuters/Jason Lee Robots that work as assistants alongside people are set to upend the world of ind...

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TD Ameritrade, Fidelity problems rile social media users

Social media users flooded TD Ameritrade's (AMTD.O) and Fidelity Investments' Twitter feeds with irate messages on Friday, as customers struggled to access their accounts with the online brokers. The apparent problems came on the heels of a British referendum to leave the European Union, or Brexit. ...

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U.S. charges Filipino man with hacking accounts of celebrities

A Filipino man has been criminally charged in New Jersey with running a large and sophisticated scheme to hack into the bank and credit card accounts of well-known or celebrity customers, U.S. prosecutors said. According to an indictment made public on Friday, Peter Locsin, 35, conspired with others...

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German court hands Springer partial victory in ad-blocking case

The logo of the German publisher Axel Springer is seen outside its headquarters in Berlin in this August 7, 2013 file photo. Reuters/Thomas Peter A German court on Friday handed publisher Axel Springer a material win in its fight against so-called ad-blockers, which users can install on computers or...

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EU, United States agree changes to strengthen data transfer pact

The European Union and the United States have agreed changes to a data transfer pact that is key to transatlantic business, including stricter rules for companies holding information on Europeans and clearer limits on U.S. surveillance. The revised EU-U.S. Privacy Shield was sent for review by Europ...

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Lyft wins approval of driver settlement from U.S. judge

A U.S. judge granted preliminary approval to ride service Lyft's $27 million settlement of a class action lawsuit brought by California drivers who claimed they should be deemed employees instead of independent contractors. U.S. District Judge Vince Chhabria in San Francisco had previously rejected ...

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Florida man brags about burglary on Facebook, lands him in jail

A Florida burglar who posted a Facebook video bragging about a $500,000 jewelry haul has landed himself and one of his accomplices in jail, police said on Thursday. Officers from Pinecrest, Florida said they arrested Raderius Glenn Collins, 18, after he uploaded the video to Facebook on May 27. His ...

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New app asks users to fight sex trafficking by snapping photos

NEW YORK (Thomson Reuters Foundation) - Smartphone users in the United States can try to help catch sex traffickers with a newly introduced app designed to identify hotel rooms where victims are held.

Democrat gun control sit-in sparks social media sensation

(Reuters) - A blackout of television cameras in the U.S. House Representatives during the Democrats' gun control sit-in may have spurred public interest in the protest as it forced the demonstrators to use social media to broadcast their message.

Bond group grows amid Brazil's Oi bankruptcy plan, sources say

SAO PAULO (Reuters) - A group representing holders of Oi SA's bonds not guaranteed by unit Telemar Norte Leste SA is growing, two sources familiar with the matter said, underscoring the challenges facing Brazil's largest fixed-line phone carrier as it enters bankruptcy protection proceedings.

Arista infringes Cisco networking patents, trade agency rules

The Cisco Systems logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago, Illinois, May 4, 2015. Reuters/Jim Young/File Photo Network equipment maker Cisco Systems Inc won a key victory in a sprawling legal battle with rival Arista Networks Inc on Thursday as the ...

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