China's auto, internet giants set up 9.76 billion yuan fund to invest in ride-sharing industry

China's major automobile and internet companies, including Chongqing Changan Automobile, Alibaba and Tencent, are setting up a 9.76 billion yuan ($1.46 billion) joint venture to invest in ride-sharing industry, Chongqing Changan Automobile said on Friday.

Chinese smartphone firms jazz up products, seize turf in home market from Apple

Smartphone retailers in China say it's a tough sell of late with consumers reluctant to upgrade, put off by chill economic winds.

NYSE wins Uber, Pinterest listings: sources

Uber Technologies Inc and Pinterest, two of the highest profile internet companies planning to go public this year, have picked the New York Stock Exchange as the venue for their stock listings, according to sources familiar with the matter.

FDA says cybersecurity vulnerabilities found in some Medtronic devices

The U.S. Food and Drug Administration (FDA) on Thursday said cybersecurity vulnerabilities were identified in Medtronic Plc's implantable cardiac devices, clinic programmers, and home monitors.

New York Times CEO warns publishers ahead of Apple news launch

Apple Inc is expected to launch an ambitious new entertainment and paid digital news service on Monday, as the iPhone maker pushes back against streaming video leader Netflix Inc. But it likely will not feature the New York Times Co.

Trump announces pick for U.S. chief technology officer

U.S. President Donald Trump will nominate Michael Kratsios to be the country's chief technology officer, the White House said on Thursday, filling a role that had been vacant since the beginning of his administration.

GM to announce $300 million investment in Orion EV/AV plant

General Motors Co will announce on Friday plans to invest $300 million in a suburban Detroit plant that builds electric and self-driving vehicles for Chevrolet and the automaker's self-driving Cruise unit, two people familiar with the plans said on Thursday.

Nokia says it is not taking on new business in Iran

Finnish telecom equipment maker Nokia does not plan to take on any new business in Iran in 2019, it said in its annual report on Thursday, citing difficulties in dealing with conflicting U.S. and European trade policies.

GameStop names George Sherman as CEO

GameStop Corp, the world's largest video game retailer, on Thursday named George Sherman as chief executive officer and member of its board, effective April 15.

EU lawmakers to vote on copyright overhaul next Tuesday

EU lawmakers will vote next Tuesday on whether to endorse an overhaul of the bloc's two-decade old copyright rules as Google and internet activists stepped up their criticism of a requirement to install copyright filters.

Union fund adviser CtW questions Lyft's path to profitability ahead of IPO

Union pension fund adviser CtW Investment Group said on Thursday Lyft Inc "faces an all-but-insurmountable barrier" to profitability due to issues with the ride-hailing company's pricing strategy and new regulations driving costs higher.

Comcast to launch streaming video service for internet customers

Comcast Corp said on Thursday it will launch a new internet streaming video service called Xfinity Flex, as the U.S. cable operator targets TV viewers who prefer watching content online over more expensive cable TV packages.

Facebook fixes glitch that exposed millions of user passwords to employees

Facebook Inc said on Thursday it has resolved a glitch that exposed passwords of millions of users stored in readable format within its internal systems to its employees.

Facebook says issues fixed after finding user passwords in readable format

Facebook Inc said on Thursday it has fixed an issue in which passwords of hundreds of millions of platform users were found stored in readable format within its internal systems.

Tesla sues former employees for allegedly stealing data, Autopilot source code

Tesla Inc filed a lawsuit on Thursday against a former engineer at the company, claiming he copied the source code for its Autopilot technology before joining a Chinese self-driving car startup in January.

Semiconductor shares rise as Micron predicts memory recovery

Shares of semiconductor companies worldwide rose on Thursday, after U.S. chipmaker Micron Technology Inc predicted a recovery in a memory market saddled with oversupply as demand for mobile phones slows.

Poland faces 5G slowdown without regulatory change: Ericsson

Poland will fall behind the rest of Europe on 5G unless it makes regulatory changes, an Ericsson executive told Reuters, raising fresh concerns over the country's plans as it considers excluding China's Huawei from its 5G rollout.

Oslo to become first city to charge electric taxis over the air

Norway's capital Oslo will become the first city in the world to install wireless charging systems for electric taxis, hoping to make recharging quick and efficient enough to speed the takeup of non-polluting cabs.

Chipmakers' shares rise after Micron predicts memory recovery

Shares of semiconductor companies worldwide rose on Thursday, after U.S. chipmaker Micron Technology Inc predicted a recovery in a memory market saddled with oversupply as device demand sags.

Finland to investigate Nokia-branded phones after data breach report

Finland's data protection ombudsman said on Thursday he would investigate whether Nokia-branded phones had breached data rules after a report said the handsets sent information to China.

Ionity plans 400 electric car charging stations in Europe by end-2020

Ionity, the European electric vehicle charging joint venture of Volkswagen, BMW, Daimler and Ford, is on track to install 400 loading stations in Europe by end-2020 and has plans for more.

Finland's ombudsman to investigate any Nokia-branded phones data breaches

Finland's data protection ombudsman said on Thursday he would investigate whether there was any data breach by Nokia-branded phones after Norway's public broadcaster reported that it had proof the mobiles had sent data to China.

From California to Oslo: foreign subsidies fuel Norway's e-car boom, for now

On the outskirts of Oslo, a row of Fiat 500es imported from California stand parked in the snow outside the Buddy Electric dealership, part of a global flow of pre-owned electric cars to Norway powered by green subsidies elsewhere in the world.

South Korea chipmaker shares rise on Micron's industry recovery outlook

Shares of South Korean chip giants jumped on Thursday after U.S. chipmaker Micron Technology Inc forecast recovery in a memory market saddled with oversupply as device demand sags.

Google's new gaming service will let game makers use rival clouds, executive says

A Google executive offered new details on Wednesday about the company's upcoming video game streaming service, telling Reuters that game makers may use competing cloud providers and must avoid some inappropriate content.

South Korean watchdog cuts fine on Qualcomm after decade-old legal battle

South Korea's antitrust regulator has lowered a decade-old penalty imposed on U.S. chipmaker Qualcomm Inc by 18 percent to $200 million, the Korea Fair Trade Commission (KFTC) said on Thursday.

Amnesty faults electric vehicle batteries as carbon intensive

Amnesty International attacked the electric vehicle (EV) industry on Thursday for selling itself as environmentally friendly while producing many of its batteries using polluting fossil fuels and unethically sourced minerals.

Micron sees memory chip recovery coming later in year, shares rise

U.S. chipmaker Micron Technology Inc on Wednesday said it sees a recovery in the memory chip market coming and reported a quarterly profit that beat estimates as cost controls helped offset falling demand and prices, sending its shares up nearly 5 percent.

AT&T CEO says China's Huawei hinders carriers from shifting suppliers for 5G

AT&T Inc Chief Executive Randall Stephenson said Wednesday that China’s Huawei Technologies Co Ltd is making it very difficult for European carriers to drop the company from its supply chain for next-generation 5G wireless service.

Chipmaker Micron beats revenue, profit estimates

U.S. chipmaker Micron Technology Inc beat analysts' estimates for quarterly revenue and profit on Wednesday, getting a lift from demand for its memory chips used in data centers.