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Thousands of Bogota taxi drivers protest Uber, Cabify and higher costs

BOGOTA (Reuters) - Thousands of taxi drivers in Colombia’s capital Bogota began an indefinite strike on Monday to protest private transport services like Uber [UBER.UL], snarling traffic for much of the day as drivers blocked roads and clashed with police. Taxi drivers protest against Uber in ...

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Google's latest iPhone rival off to a rocky start

SAN FRANCISCO (Reuters) - The launch of Alphabet Inc’s (GOOGL.O) second-generation Google Pixel smartphones has been hampered by display screen problems and pricing and shipping issues, prompting the company to open an investigation and issue multiple apologies to customers. FILE PHOTO: Google...

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Amazon receives 238 proposals for its second headquarters

(Reuters) - Amazon.com Inc (AMZN.O) has received 238 proposals from cities and regions across North America vying to host the company’s second headquarters, it said on Monday. The skyline is seen in Chicago, Illinois, U.S., October 19, 2017. Chicago is one of the U.S. cities competing to house...

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Iphone X demand will be substantial, but not exceptional: survey

(Reuters) - Days before Apple Inc’s (AAPL.O) much-awaited iPhone X opens for preorders, a survey by brokerage Bernstein showed that demand for the device will be substantial, but not exceptional, with about a quarter of the respondents planning to buy the phone. Tim Cook, CEO of Apple, speaks ...

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Ex-U.S. spy chiefs urge Congress to renew internet surveillance law

WASHINGTON (Reuters) - Former U.S. intelligence officials who worked for both Republican and Democratic presidents urged Congress on Monday to renew an internet surveillance program they said has stopped militant plots and helped policymakers steer through international crises. File Photo - A magnif...

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Cisco buys BroadSoft for $1.71 bln in software push

(Reuters) - Cisco Systems Inc (CSCO.O) will buy software company BroadSoft Inc (BSFT.O) for $1.71 billion, it said on Monday, in a deal that boosts Cisco’s collaboration tools and helps the company diversify its offerings away from switching and routing. A newly installed phone made by Cisco i...

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BofA fortifies online banking with new security layer

(Reuters) - Bank of America Corp (BAC.N) will start using an additional layer of authentication for its online banking services, the Wall Street bank said on Monday, amid a wave of high-profile data breaches at several big U.S. companies. FILE PHOTO: A Bank of America logo is seen in New York City, ...

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Bank of America beefs up security for online banking

(Reuters) - Bank of America Corp will start using an additional layer of authentication for online banking, the bank said on Monday, amid a wave of high-profile data breaches at several big U.S. companies. FILE PHOTO: A Bank of America logo is seen in New York City, U.S. January 10, 2017. REUTERS/St...

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Cisco buys BroadSoft for $1.71 billion in software push

(Reuters) - Cisco Systems Inc (CSCO.O) said on Monday it will buy software company BroadSoft Inc (BSFT.O) for $1.71 billion, as the world’s largest networking gear producer moves away from a stagnating business in switches and routers. A newly installed phone made by Cisco is shown in San Dieg...

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Apple, Samsung face new iPhone damages trial: U.S. judge

(Reuters) - A U.S. judge has ordered a new trial to determine how much Samsung Electronics Co (005930.KS) should pay Apple Inc (AAPL.O) for copying the look of the iPhone. FILE PHOTO: A Samsung logo and a logo of Apple are seen in this September 23, 2014 illustration photo. REUTERS/Dado Ruvic/File P...

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Apple sees its mobile devices as platform for artificial intelligence

TAIPEI (Reuters) - Apple Inc (AAPL.O) sees its mobile devices as a major platform for artificial intelligence in the future, Chief Operating Officer Jeff Williams said on Monday. An Apple employee showcases the augmented reality on an iPhone 8 Plus at the Apple Orchard Shop in Singapore September 22...

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Saudi Prince Alwaleed bin Talal optimistic about Twitter investment: CNBC

RIYADH (Reuters) - Saudi Prince Alwaleed bin Talal, who owns investment firm Kingdom Holding, said in an interview with CNBC on Monday that he was optimistic about his investment in Twitter. FILE PHOTO: Saudi Arabian Prince Al-Waleed bin Talal arrives at the Elysee palace in Paris, France, to attend...

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Cisco to buy BroadSoft in $1.9 billion deal

(Reuters) - Cisco Systems Inc (CSCO.O), the world’s largest networking gear manufacturer, said it will buy U.S. telecommunications software company BroadSoft Inc (BSFT.O) in a deal valued at about $1.9 billion, including debt. A newly installed phone made by Cisco is shown in San Diego, Califo...

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Kaspersky Lab to open software to review, says nothing to hide

(Reuters) - Moscow-based Kaspersky Lab will ask independent parties to review the security of its anti-virus software, which the U.S. government has said could jeopardize national security, citing concerns over Kremlin influence and hijacking by Russian spies. The logo of the anti-virus firm Kaspers...

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Amazon backs German artificial intelligence research hub

FRANKFURT (Reuters) - Amazon.com will open an artificial intelligence research center in the German university city of Tuebingen, creating 100 jobs over the next five years. FILE PHOTO - The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017....

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Kaspersky Lab says it will submit software for independent review

(Reuters) - Kaspersky Lab will ask independent parties to conduct security reviews of its widely used anti-virus software to help dispel allegations that the Russian government uses the products to conduct espionage, the Moscow-based company said on Monday. The logo of the anti-virus firm Kaspersky ...

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Toshiba sees annual loss of almost $1 billion after tax related to chip unit sale

TOKYO (Reuters) - Embattled Japanese conglomerate Toshiba Corp said on Monday it now expects to slide to a net loss of nearly $1 billion this business year after calculating taxes related to the sale of its prized chip unit. FILE PHOTO : A logo of Toshiba Corp is seen on a printed circuit board in t...

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JPMorgan reaches beyond its branches with new mobile account app

NEW YORK (Reuters) - In its first offering of online bank accounts, JPMorgan Chase & Co on Monday launched a new smartphone app that it hopes will attract new depositors, many of whom are young and may live far from any of its branch offices. FILE PHOTO: People pass the JP Morgan Chase & Co....

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Tencent unit China Literature launches up to $1.1 billion HK IPO

HONG KONG (Reuters) - China Literature Ltd, China’s largest online publishing and e-book company, launched an initial public offering for up to $1.1 billion on Monday, seeking funds for acquisitions and to expand its digital publishing business. Tencent Holdings Ltd controls China Literature w...

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Cisco nears deal to acquire BroadSoft: source

SAN FRANCISCO (Reuters) - Cisco Systems Inc, the world’s largest networking gear manufacturer, is nearing a deal to buy U.S. telecommunications software firm BroadSoft Inc for close to $2 billion, a person familiar with the matter said on Sunday. A newly installed phone made by Cisco is shown ...

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JPMorgan partners with data start-up to boost fixed-income trading

NEW YORK (Reuters) - JPMorgan Chase & Co has partnered with data analytics start-up Mosaic Smart Data to help its fixed-income sales and trading business become more profitable. A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/...

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China's recyclers eye looming electric vehicle battery mountain

SHANGHAI (Reuters) - After years of dismantling discarded televisions and laptops, a Shanghai recycling plant is readying itself for a new wave of waste: piles of exhausted batteries from the surge of electric vehicles hitting China’s streets. Batteries for electric vehicles are manufactured a...

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Consumer goods firms harness online data to tap Southeast Asia e-commerce boom

SINGAPORE/BANGKOK (Reuters) - When diaper maker DSG International (Thailand) wants to know what its customers are thinking, it often turns to Lazada, an e-commerce firm majority-owned by Alibaba Group Holding (BABA.N). FILE PHOTO: The Singapore Lazada website is seen in this illustration photo June ...

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Tesla reaffirms effort to build cars in China; mum on deal report

(Reuters) - Electric car maker Tesla Inc (TSLA.O) reaffirmed on Sunday it is talking with the Shanghai municipal government to set up a factory in the region and expects to agree on a plan by the end of the year, but declined to comment on a report that a deal has been reached. FILE PHOTO: Tesla Mod...

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Tesla moves closer to deal to build cars in China

(Reuters) - Electric car maker Tesla Inc (TSLA.O) said on Sunday it is talking with the Shanghai municipal government to set up a factory in the region and expects to agree on a plan by the end of the year. FILE PHOTO: Tesla Model 3 cars are seen as Tesla holds an event at the factory handing over i...

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Japan's Mitsubishi, U.S. partner to invest $1.8 billion in data centers: media

TOKYO (Reuters) - Japanese trading house Mitsubishi Corp (8058.T) plans to set up a joint venture with U.S. data center operator Digital Realty Trust (DLR.N) and build around 10 data centers in Japan by 2022 for 200 billion yen ($1.8 billion), the Nikkei said on Saturday. The logo of Mitsubishi Corp...

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U.S. warns public about attacks on energy, industrial firms

(Reuters) - The U.S government issued a rare public warning about hacking campaigns targeting energy and industrial firms, the latest evidence that cyber attacks present an increasing threat to the power industry and other public infrastructure. A projection of cyber code on a hooded man is pictured...

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Japan's Mitsubishi, U.S. partner to invest $1.8 billion in data centres: media

TOKYO (Reuters) - Japanese trading house Mitsubishi Corp (8058.T) plans to set up a joint venture with U.S. data centre operator Digital Realty Trust (DLR.N) and build around 10 data centres in Japan by 2022 for 200 billion yen ($1.8 billion), the Nikkei said on Saturday. The logo of Mitsubishi Corp...

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Snap lays off 18 employees in recruiting division

SAN FRANCISCO (Reuters) - Social media company Snap Inc (SNAP.N) said on Friday it had laid off 18 people in its recruiting division, an unusual move for a young company with ambitious growth plans and a likely reflection of tough competition from Facebook Inc (FB.O). FILE PHOTO - A woman stands in ...

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Consumer Reports says Tesla misunderstands 'positive' Model 3 rating

DETROIT (Reuters) - Consumer Reports said on Friday that Tesla Inc (TSLA.O) had apparently misunderstood the “average” reliability rating the magazine assigned to the electric carmaker’s Model 3 sedan this week, calling it generally “positive” for an all-new vehicle. FI...

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