OSLO (Reuters) - Sales of electric and hybrid cars rose above half of new registrations in Norway in 2017, a record aided by generous subsidies that extended the country’s lead in shifting from fossil-fuel engines, data showed on Wednesday. Pure electric cars and hybrids, which have both batte...
SAN FRANCISCO (Reuters) - Amazon.com Inc and Alphabet Inc’s Google both discounted their virtual assistant speakers so deeply over the holiday shopping season that they likely lost a few dollars per unit, highlighting a sharply different strategy from Apple Inc as it prepares its HomePod speak...
OSLO (Reuters) - Sales of electric and hybrid cars exceeded half of new registrations in Norway in 2017, a record aided by generous subsidies that extended the Nordic nation’s lead in a shift from fossil-fuel engines, data showed on Wednesday. Pure electric cars and hybrids, which have both ba...
TEL AVIV (Reuters) - Israeli high-tech acquisitions and initial public offering activity soared to $23 billion in 2017 from $10 billion in 2016 due to the $15.3 billion purchase of Mobileye by Intel Corp, data published on Wednesday showed. The acquisition of Neuroderm by Mitsubishi Tanabe Pharma fo...
BEIJING (Reuters) - China’s central bank told a top-level government internet finance group that the monetary authority can tell local governments to regulate the power usage of bitcoin miners to gradually reduce the scale of their production, a source said. While the People’s Bank of Ch...
BEIJING (Reuters) - Beijing authorities will build a 13.8 billion yuan ($2.12 billion) artificial intelligence development project in the city’s west, the official Xinhua news agency said on Wednesday. The area will hold up to 400 enterprises and have an estimated annual output value of 50 bil...
(Reuters) - Cable company Altice USA Inc is employing a new negotiating tactic when it comes to reaching agreements with content providers on prices: pointing customers to programmers’ own streaming services. The New York-based cable company announced on Monday it would no longer carry Starz&r...
(Reuters) - Music streaming company Spotify was sued by Wixen Music Publishing Inc last week for allegedly using thousands of songs, including those of Tom Petty, Neil Young and the Doors, without a license and compensation to the music publisher. Wixen, an exclusive licensee of songs such as &ldquo...
(Reuters) - Aptiv Plc and ride-hailing firm Lyft are discussing further engagement beyond showcasing self-driving rides in Las Vegas during the Consumer Electronics Show (CES) this month, the U.S auto parts supplier said on Tuesday. Aptiv, formerly known as Delphi Automotive Plc, has partnered with ...
(Reuters) - Online retailer Amazon.com Inc (AMZN.O) said on Tuesday it shipped over 5 billion items worldwide via its subscription based Prime service in 2017 while adding more new members than ever before. The e-commerce giant, which revealed its Prime shipment numbers for the first time, did not g...
NEW YORK (Reuters) - Speculators raised net short position on bitcoin futures traded on Cboe Global Markets last week amid a selloff sparked by experts’ warnings of a bubble, according to data from the Commodity Futures Trading Commission released late Friday. Net short bitcoin contracts rose ...
SHANGHAI (Reuters) - The founder of debt-laden tech conglomerate LeEco has defied orders from Chinese regulators to return to the country before end-2017, saying he needed to stay in the United States as a fundraising for his electric car startup was making progress. The Beijing branch of the China ...
HONG KONG (Reuters) - Tencent Holdings’ WeChat, China’s most popular messenger app, on Tuesday denied storing users’ chat histories, after a top businessman was quoted in media reports as saying he believed Tencent was monitoring everyone’s account. “WeChat does not sto...
(Reuters) - WhatsApp, a popular messaging service owned by Facebook Inc, suffered a global outage for about an hour on Sunday before the problem was fixed. “WhatsApp users around the world experienced a brief outage today that has now been resolved”, a WhatsApp spokeswoman said in an ema...
LONDON (Reuters) - Britain may impose new taxes on tech giants like Google and Facebook unless they do more to combat online extremism by taking down material aimed at radicalizing people or helping them to prepare attacks, the country’s security minister said. Ben Wallace accused tech firms o...
FRANKFURT (Reuters) - German chipmaker Infineon does not see itself as vulnerable to a takeover despite mega-mergers in the sector led by Broadcom’s $103 billion offer for Qualcomm, its chief executive told Germany’s Boersen-Zeitung. “Infineon is not a primary takeover target,&rdqu...
WASHINGTON/SEATTLE (Reuters) - President Donald Trump called on the U.S. Postal Service on Friday to charge “much more” to ship packages for Amazon (AMZN.O) Amazon, picking another fight with the online retail giant he has criticized in the past. “Why is the United States Post Offi...
FRANKFURT (Reuters) - Did you mean Birkenstock? A German court has ordered Amazon not to lure internet shoppers to its online marketplace when they mistakenly search for “Brikenstock”, “Birkenstok”, “Bierkenstock” and other variations in Google. The ruling is a vi...
NEW YORK (Reuters) - AT&T Inc said on Friday that all 50 U.S. states had decided to participate in the nationwide broadband network it is building for first responders as part of a $6.5 billion government contract. In March, the U.S. government awarded a contract to AT&T to build the network...
WASHINGTON (Reuters) - U.S. President Donald Trump on Friday targeted online retailer Amazon(AMZN.O) in a call for the country’s postal service to raise prices of shipments in order to recoup costs. “Why is the United States Post Office, which is losing many billions of dollars a year, w...
