Uber board set for contentious meeting over ex-CEO's power

SAN FRANCISCO (Reuters) - The board of Uber Technologies Inc [UBER.UL], including two new appointees of former Chief Executive Travis Kalanick, will meet on Tuesday to consider proposals that diminish the co-founder’s influence, strip early investors of supervoting power and secure a multibill...

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Facebook says 10 million U.S. users saw Russia-linked ads

NEW YORK (Reuters) - Some 10 million people in the United States saw politically divisive ads on Facebook that the company said were purchased in Russia in the months before and after last year’s U.S. presidential election, Facebook said on Monday. Facebook, which had not previously given such...

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Uber boss to meet London transport chief in bid to keep license

LONDON (Reuters) - Uber’s new global boss Dara Khosrowshahi will meet London’s transport regulator on Tuesday in the taxi hailing app’s bid to keep its license in one of its most important foreign markets. Transport for London (TfL), which runs and regulates the capital’s tra...

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Equifax failed to patch security vulnerability in March: former CEO

WASHINGTON (Reuters) - Equifax Inc (EFX.N) was alerted in March to the software security vulnerability that led to hackers obtaining personal information of more than 140 million Americans but took months to patch it, its former CEO said in testimony to be delivered to Congress on Tuesday. “It...

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Tesla deliveries rise in third quarter, but Model 3 faces 'bottlenecks'

(Reuters) - Luxury electric vehicle maker Tesla Inc (TSLA.O) said on Monday its deliveries rose 4.5 percent in the third quarter from the prior-year period, but said “production bottlenecks” had left the company behind its planned ramp-up for the new Model 3 mass-market sedan. Tesla said...

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BlackBerry's patent strategy head exits, joins health tech firm -sources

TORONTO (Reuters) - The man who was leading BlackBerry Ltd’s efforts to make money from its patent portfolio has left to join a health technology company, two sources with knowledge of the move said on Monday. Mark Kokes left the Canadian company last month to join privately held NantWorks LLC...

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Top House Intelligence Democrat intends to make sample of Russia-bought Facebook ads public

WASHINGTON (Reuters) - The top Democrat on the House Intelligence Committee said on Monday he intended to make a “representative sampling” of Facebook Inc political ads believed to have been purchased by Russia available to the public later this month and that he hoped to make them all p...

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Roku slumps 11 percent, on track for first down day

SAN FRANCISCO (Reuters) - Roku’s (ROKU.O) stock tumbled 11 percent on Monday and was on track for its first loss since the music streaming company’s public listing last week, even after it unveiled a lineup of new devices. The Los Gatos, California company is riding a wave of consumers a...

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USPS ‘Informed Delivery’ Is Stalker’s Dream

A free new service from the U.S. Postal Service that provides scanned images of incoming mail before it is slated to arrive at its destination address is raising eyebrows among security experts who worry about the service’s potential for misuse by private investigators, identity thie...

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USPS ‘Informed Delivery’ Is Stalker’s Dream

A free new service from the U.S. Postal Service that provides scanned images of incoming mail before it is slated to arrive at its destination address is raising eyebrows among security experts who worry about the service’s potential for misuse by private investigators, identity thie...

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Ford creates team to ramp up electric vehicle development

(Reuters) - Ford Motor Co has formed a team to accelerate global development of electric vehicles, an executive said on Monday. One aim of Ford’s “Team Edison” is to identify and develop electric-vehicle partnerships with other companies, including suppliers, in some global markets...

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Facebook to hire 1,000 people to review ads after Russian buys

NEW YORK (Reuters) - Facebook Inc plans to hire 1,000 more people to review ads and ensure they meet its terms, as part of an effort to deter Russia and other countries from using the social media network to interfere in others’ elections, it said on Monday. Facebook said last month that it be...

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Apple faces down Qualcomm, Ericsson over EU patent fees

BRUSSELS (Reuters) - The European Union is drawing up guidelines on how much patent holders should charge for their technologies, a thorny issue that pits Apple and other users against Qualcomm and Ericsson. Trillions of dollars in sales are at stake as regulators ponder whether a fridge maker shoul...

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U.S. Supreme Court rejects Samsung appeal in warranty dispute

WASHINGTON (Reuters) - The U.S. Supreme Court on Monday refused to consider a bid by Samsung Electronics Co Ltd (005930.KS) to force customers who have filed proposed class-action lawsuits against the company to arbitrate their claims instead of bringing them to court. The justices left intact a low...

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Exclusive: Uber's UK boss quits as firm battles to keep London license - email

LONDON (Reuters) - Uber’s [UBER.UL] top boss in Britain will quit the taxi hailing app just as the firm battles to overturn a decision to strip it of its license in London, according to an email seen by Reuters. The British capital’s transport regulator deemed Uber unfit to run a taxi se...

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Facebook pulls page, limits posting for exiled Chinese tycoon Guo

SHANGHAI (Reuters) - Facebook has taken down a page affiliated with China’s highest profile fugitive, exiled billionaire Guo Wengui, and temporarily restricted his ability to post on his profile, citing violations of its community standards. Guo, who is living in New York, has been using socia...

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Uber board to consider vote to cut Kalanick influence: Bloomberg

(Reuters) - Directors at Uber Technologies Inc [UBER.UL] plan to vote on board reforms and whether to pursue a major stock deal with SoftBank Group Corp (9984.T) on Tuesday, Bloomberg reported on Monday, citing sources familiar with the matter. The moves could potentially reshape the ride-hailing co...

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Smartphones made in India? Manufacturing ambition hits hurdles

NEW DELHI (Reuters) - India’s ambitions to become a smartphone-making powerhouse are foundering over a lack of skilled labor and part suppliers along with a complex tax regime, industry executives say. Prime Minister Narendra Modi has championed a manufacturing drive, under the slogan ‘M...

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Uber’s path to win back London: data, fines and fees

(Reuters) - If history is a guide, Uber Technologies new Chief Executive Dara Khosrowshahi is likely to dangle data sharing and a promise to pay fines and fees when he sits down with London officials to negotiate the ride service’s future in one of its most important markets. From the Philippi...

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SoFi's CEO hiatus stalls its big-time banking ambitions

SAN FRANCISCO/NEW YORK (Reuters) - Under the leadership of Chief Executive Mike Cagney, Social Finance Inc (SoFi) set its sights on becoming a one-stop shop for every well-to-do millennial looking for financial services and a romantic partner.      One of the most valuable privat...

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Google relaxes rules on free news stories, plans subscription tools

SAN FRANCISCO (Reuters) - Google announced on Sunday that subscription news websites would no longer have to provide users three free articles per day or face less prominence in search results, relaxing its rules following complaints from media giants like News Corp that their sales were suffering. ...

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Facebook to give Russia-linked ads to U.S. Congress on Monday

NEW YORK - Facebook Inc said it plans on Monday to turn over to the U.S. Congress copies of some 3,000 ads that the social network says were bought on Facebook likely by people in Russia in the months before and after the 2016 U.S. election. Last month, in response to calls from U.S. lawmakers, Face...

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Equifax reviews its top lawyer's role in executive stock sales: WSJ

(Reuters) - Equifax Inc is reviewing its Chief Legal Officer John Kelly’s involvement in stock sales by company executives made weeks before the credit-reporting service disclosed a massive data breach, the Wall Street Journal reported on Sunday. Three senior executives including the company&r...

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Zuckerberg seeks forgiveness for division caused by his work

(Reuters) - Facebook Inc founder and Chief Executive Mark Zuckerberg asked for forgiveness for ways his work was used to divide people in a Facebook posting marking the end of Yom Kippur, the Jewish holiday of atonement on Saturday. “For the ways my work was used to divide people rather than b...

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Uber's Kalanick rekindles power struggle, names two to board

SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] co-founder Travis Kalanick said he had appointed two new directors, a surprise move that publicly reignited a board battle over the role of the ousted former chief executive. Kalanick’s move on Friday sought to pre-empt a move by new Ch...

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Uber's Kalanick reignites power struggle, names two to board

SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] co-founder Travis Kalanick on Friday said he had appointed two new directors, a surprise move that publicly reignited a board battle over the role of the ousted former chief executive. Uber investors are divided over whether Kalanick, who was...

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Uber's Kalanick says he appoints former Xerox, Merrill bosses to board

SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] co-founder Travis Kalanick on Friday said he had appointed two new board members, challenging Uber shareholders who have asked a court to stop the former chief executive from naming directors. Directors of the ride services company have been ...

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Nearly two million people watched NFL livestream on Amazon.com

(Reuters) - Nearly 2 million people logged onto Amazon.com (AMZN.O) for the online retailer’s first livestream of Thursday Night Football, the U.S. National Football League said on Friday. Some 1.9 million people tuned in to Amazon’s kickoff show and game between the Chicago Bears and Gr...

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Here’s What to Ask the Former Equifax CEO

Richard Smith — who resigned as chief executive of big-three credit bureau Equifax this week in the wake of a data breach that exposed 143 million Social Security numbers — is slated to testify in front of no fewer than four committees on Capitol Hill next week. If I were a law...

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Here’s What to Ask the Former Equifax CEO

Richard Smith — who resigned as chief executive of big-three credit bureau Equifax this week in the wake of a data breach that exposed 143 million Social Security numbers — is slated to testify in front of no fewer than four committees on Capitol Hill next week. If I were a law...

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