SAN FRANCISCO (Reuters) - Former Uber Chief Executive Officer Travis Kalanick is expected to testify at trial for a second day on Wednesday, responding to rival Waymo’s allegations that Uber expressly hired a star Waymo engineer to gain self-driving car technology trade secrets. The normally c...
(Reuters) - Goldman Sachs (GS.N) is in talks to offer financing to shoppers buying Apple (AAPL.O) products including iPhones, the Wall Street Journal reported on Wednesday. Buyers of a $1,000 iPhone X could take out a loan from Goldman instead of charging it to credit cards that often carry high int...
ZURICH (Reuters) - Data on around 800,000 Swisscom customers leaked when security at an external sales partner was breached, prompting the Swiss group to tighten access to its files, it said on Wednesday. The breach late last year affected “non-sensitive” data such as customers’ na...
BEIJING/SHANGHAI (Reuters) - A Chinese content regulator has rapped major tech companies, including Alibaba Holding Ltd, Tencent Holdings Ltd and Baidu Inc, for not doing enough to root out “harmful information” published on their platforms. The anti-pornography office of China’s p...
GANGNEUNG, South Korea (Reuters) - Esports have descended on the Olympics, bringing professional gamers to South Korea’s first winter Games, but some athletes warming up for real action on nearby slopes are not impressed. Intel Corp, an Olympics sponsor, wrapped up its esports tournament a few...
BEIJING/SHANGHAI (Reuters) - Chinese ride-hailing giant Didi Chuxing is setting up an electric car sharing service with 12 automakers, including BYD Co Ltd, local partners of Ford Motor Co and the Renault-Nissan-Mitsubishi alliance. Didi, which bought out Uber’s China business in 2016, said in...
TOKYO (Reuters) - SoftBank Group Corp said on Wednesday that it wants to list its Japanese telecoms unit this year as CEO Masayoshi Son moves to complete the transformation of the company he founded from domestic telecoms upstart into one of the world’s biggest technology investors. SoftBank h...
TOKYO (Reuters) - SoftBank Group Corp said on Wednesday that it wants to list its Japanese telecoms unit this year, a move towards completing its transformation from a domestic telecoms upstart into one of the world’s biggest technology investors. SoftBank said it started preparations to list ...
BEIJING (Reuters) - The Renault-Nissan-Mitsubishi alliance said on Wednesday it has signed a memorandum of understanding with car-hailing service company Didi Chuxing to explore future business cooperation on a new electric car-sharing service in China. A person familiar with the matter said the new...
BEIJING/SHANGHAI (Reuters) - Apple Inc will accept Chinese mobile payment app Alipay in its local stores, boosting its ties with giant e-commerce firm Alibaba Group Holding Ltd amid a push by the iPhone maker to revive growth in the world’s No.2 economy. The tie-up will make Alipay, run by Ali...
SEOUL (Reuters) - Samsung Electronics Co Ltd has decided to begin investment to build a second memory chip line at its Pyeongtaek production facilities in South Korea, Yonhap news agency reported on Wednesday. Chipmakers are investing heavily to meet booming demand for semiconductors and Samsung sai...
SEOUL (Reuters) - Samsung Electronics Co Ltd has decided to begin initial investment to build a new memory chip line at its production facilities in South Korea, wire service Yonhap reported on Wednesday. A Samsung Electronics management committee decided earlier on Wednesday to begin constructing a...
SAN FRANCISCO (Reuters) - Alphabet Inc said it named a former Time Warner Cable chief operating officer as chief executive officer of its internet service company, marking the unit’s third CEO in less than two years. Dinesh Jain, who left Time Warner Cable as it merged with Charter Communicati...
(Reuters) - Snapchat owner Snap Inc on Tuesday reported surging growth in users and revenue in its latest quarter, reviving hopes that it can survive competition with Facebook Inc’s Instagram and sending its shares up more than 20 percent. Investor enthusiasm for the instant messaging applicat...
WASHINGTON (Reuters) - The two people who hacked ride-hailing firm Uber’s data in 2016 were in Canada and Florida at the time, a company security executive told a U.S. congressional committee on Tuesday. About 25 million people whose data was compromised in the breach live in the United States...
(Reuters) - Snap Inc (SNAP.N) surprised Wall Street on Tuesday with a rebound in user growth for its Snapchat messaging app, showing resilience amid competition with Facebook Inc’s (FB.O) Instagram and sending shares up nearly 30 percent. Paired with higher-than-expected revenue and improved m...
(Reuters) - Snap Inc (SNAP.N) said on Tuesday it added more users than expected to its Snapchat messaging app as it fights to fend off competition from Facebook Inc’s (FB.O) Instagram, sending it shares up by nearly 30 percent. Snapchat’s daily active users rose to 187 million in the qua...
SAN FRANCISCO (Reuters) - Former Uber Chief Executive Officer Travis Kalanick testified at trial on Tuesday that he believed Uber was lagging in self-driving car development and came up with a plan to hire a star engineer from rival Waymo to catch up with competitors. Kalanick’s testimony in S...
(Reuters) - Snap Inc (SNAP.N) said on Tuesday it added more users than expected to its Snapchat messaging app as it fights to fend off competition from Facebook Inc’s (FB.O) Instagram. Snapchat’s daily active users rose to 187 million in the quarter ended Dec. 31 from 178 million in the ...
WASHINGTON (Reuters) - The two individuals behind the 2016 data breach at Uber Technologies Inc [UBER.UL] were found to be in Canada and Florida, an Uber cybersecurity executive told the U.S. Congress on Tuesday. About 25 million users affected by the breach are users located in the United States, J...
SAN FRANCISCO (Reuters) - Former Uber Chief Executive Officer Travis Kalanick testified at a high-stakes trial on Tuesday and publicly addressed for the first time allegations by Alphabet Inc’s (GOOGL.O) Waymo that Uber stole its self-driving car technology. In testimony in San Francisco feder...
WASHINGTON (Reuters) - U.S. regulators may ask Congress to pass legislation to improve oversight of virtual currencies like bitcoin amid concerns about the risks posed by the emerging asset class, the head of the Securities and Exchange Commission said on Tuesday. The comments by SEC Chairman Jay Cl...
WASHINGTON/SAN FRANCISCO (Reuters) - Apple Inc (AAPL.O) has seen “strong demand” for replacement iPhone batteries and may offer rebates for consumers who paid full price for new batteries, the company said in a Feb. 2 letter to U.S. lawmakers made public on Tuesday. Apple confirmed in De...
WASHINGTON (Reuters) - Apple Inc (AAPL.O) is seeing “strong demand” for replacement iPhone batteries and disclosed it is considering offering rebates for consumers who paid full price for new batteries, the company said in a February 2 letter to U.S. lawmakers made public Tuesday. Apple ...
WASHINGTON (Reuters) - Digital currencies such as bitcoin were in the spotlight again on Tuesday as lawmakers in the U.S. Senate questioned top markets watchdogs over how to better regulate the highly volatile and risky emerging asset class. Christopher Giancarlo, chairman of the Commodity Futures T...
(Reuters) - Apple Inc will build its second data center in China at Ulanqab City in the Inner Mongolia Autonomous Region, the official Xinhua news agency reported on Tuesday, citing the local government. As Apple's first data center in north China, it would commence operation in 2020 and offer iClou...
NEW YORK (Reuters) - Banking regulators of seven U.S. states have agreed to simplify the way financial technology companies can apply for licenses, in a bid to make it easier for businesses to offer their services nationwide. The states of Georgia, Illinois, Kansas, Massachusetts, Tennessee, Texas a...
SAN FRANCISCO (Reuters) - Uber’s ex-Chief Executive Travis Kalanick must subdue his notorious hot-headed demeanor and calmly withstand hostile questioning to appear sympathetic to jurors when he is cross-examined by Alphabet Inc’s (GOOGL.O) Waymo as early as Tuesday during a trade-secret...
SINGAPORE (Reuters) - Nissan Motor Co (7201.T) said on Tuesday it will launch the new version of its all-electric vehicle Leaf in seven markets in Asia-Pacific, and explore bringing it to two more, in its latest push to boost sales of electrified vehicles. Lower-emission vehicles have become a major...
ZURICH (Reuters) - High-flying Austrian chipmaker AMS (AMS.S) is looking for more acquisitions to accelerate growth and increase its leading position in sensors used in phones, automobiles and industrial gear, Chief Executive Alexander Everke said on Tuesday. “Any size of deal is possible, I a...