WASHINGTON (Reuters) - The chairman of the U.S. National Transportation Safety Board (NTSB) said on Tuesday “operational limitations” in the Tesla Model S played a “major role” in a May 2016 crash that killed a driver using the vehicle’s semi-autonomous “Autopilot...
Tokyo (Reuters) - Toshiba Corp (6502.T) now favors a group led by Bain Capital LP and SK Hynix Inc (000660.KS) to buy its prized semiconductor business, as it failed to bridge key gaps with its business partner and rival bidder Western Digital Corp (WDC.O), two people briefed on the matter said on T...
TOKYO (Reuters) - Toshiba Corp (6502.T) now favors a group led by Bain Capital LP and SK Hynix Inc (000660.KS) as buyer for its prized semiconductor business, as it has failed to bridge key gaps with its business partner and rival bidder Western Digital Corp (WDC.O), two people briefed on the matter...
SAN FRANCISCO (Reuters) - Only a couple of years ago, billions of venture capital dollars were flowing into so-called on-demand businesses that hoped to mimic Uber Technologies Inc and provide a service at the touch of a smartphone app. But the demise last week of valet parking company Luxe, which f...
NEW YORK (Reuters) - New York-based software company R3 CEV has partnered with Britain’s financial watchdog and two large banks to develop a blockchain-based application to improve the regulatory reporting of mortgage transactions. R3 said on Tuesday that it had developed a prototype of the sy...
FRANKFURT (Reuters) - British games maker Bossa Studios on Tuesday said it has raised $10 million in a funding round led by European venture capital firm Atomico, ahead of the launch of the company’s pirate-themed multiplayer online title, Worlds Adrift. Bossa founders Henrique Olifiers and Im...
CUPERTINO, Calif. (Reuters) - A decade after then-CEO Steve Jobs unveiled the first iPhone, Apple Inc (AAPL.O) on Tuesday is set to introduce a completely redesigned top-of-the-line iPhone along with two other new phones, as well as a big upgrade to the Apple Watch and a higher-definition Apple TV. ...
SEOUL (Reuters) - Samsung Electronics Co Ltd on Tuesday said pre-orders for its Galaxy Note 8 premium smartphone have hit the highest-ever for the Note series, beating its predecessor Note 7 over five days by about 2.5 times. Samsung is banking on the device to protect its market dominance as it com...
SEOUL (Reuters) - Pre-orders for Samsung Electronics Co Ltd’s (005930.KS) latest premium smartphone Galaxy Note 8 are currently the highest among the Note series, the tech giant’s mobile chief said on Tuesday. “Since the August 23 New York unpack, many buyers and partners said the ...
FRANKFURT (Reuters) - European car bosses gathering for the Frankfurt auto show are beginning to address the realities of mass vehicle electrification, and its consequences for jobs and profit, their minds focused by government pledges to outlaw the combustion engine. As the latest such announcement...
WASHINGTON (Reuters) - U.S. Transportation Secretary Elaine Chao will unveil on Tuesday streamlined safety guidelines for automakers that want to deploy self-driving vehicles, a person briefed on the matter said Monday, as members of Congress push their own proposals to remove regulatory barriers to...
WASHINGTON (Reuters) - Two key U.S. senators on Monday asked Equifax Inc (EFX.N) to answer detailed questions about a breach of information affecting up to 143 million Americans, including whether U.S. government agency records were compromised in the hack. Senator Orrin Hatch, who chairs the Financ...
(Reuters) - More than 30 lawsuits have been filed in the United States against Equifax Inc (EFX.N) after the credit reporting company said thieves may have stolen personal information for 143 million Americans in one of the largest hackings ever. At least 25 lawsuits had been filed in federal courts...
SAN FRANCISCO (Reuters) - When Apple Inc unveils new iPhones on Tuesday at its Apple Park “spaceship” campus, there may be important clues for the watchers of seven semiconductor stocks. Apple exerts a sun-like gravitational pull on the global electronics supply chain, affecting the pric...
WASHINGTON (Reuters) - Two key U.S. senators on Monday asked Equifax Inc (EFX.N) to answer detailed questions on the breach of information about up to 143 million Americans’ personal information, including whether U.S. government agency records were compromised in the hack. Senator Orrin Hatch...
SAN FRANCISCO (Reuters) - An Israeli start-up believes it can solve some of the tricky problems faced by self-driving cars by employing thermal cameras to detect heat from pedestrians, animals and objects, the latest technology being tested in the fast-growing industry. Start-up AdaSky announced on ...
(Reuters) - More than two dozen lawsuits have been filed in the United States against Equifax Inc (EFX.N) after the credit reporting company said thieves may have stolen personal information for 143 million Americans in one of the largest hackings ever. At least 24 federal lawsuits had been filed by...
FRANKFURT (Reuters) - Volkswagen (VOWG_p.DE) is stepping up its shift to electric cars and plans to invest more than 20 billion euros ($24 billion) in zero-emission vehicles by 2030 to challenge pioneer Tesla (TSLA.O) in creating a mass market. The world’s largest automaker by sales said on Mo...
BRUSSELS (Reuters) - European Union finance ministers will discuss this week a plan to attract more financial-technology companies, in a bid to bridge the gap with global competitors and offset the loss of Europe’s main fintech market after Britain leaves the bloc. The EU fintech market is dwa...
BRUSSELS (Reuters) - Alphabet unit Google appealed against a record 2.4-billion-euro ($2.9 billion) EU antitrust fine on Monday, its chances of success boosted by Intel’s partial victory last week against an EU sanction. The move by the world’s most popular Internet search engine came tw...
