Apple's first TV series shows what it takes to build an app

LOS ANGELES (Reuters) - Apple Inc's long-awaited move into original television series starts Tuesday, with a reality show about a universe that is key to the technology giant's business: the world of app developers trying to bring their ideas to the masses.

U.S. Congress plans self-driving car legislation to speed rollout

WASHINGTON (Reuters) - The U.S. Congress is working on national self-driving vehicle legislation that could replace state-by state rules and make it easier for automakers to test and deploy the technology, senior U.S. House and Senate lawmakers told Reuters on Tuesday.

Amazon eyes Patagonia data center as Chile expands fiber optic network

SANTIAGO (Reuters) - Chile is looking at expanding its undersea fiber optic network across the Pacific Ocean to China and south to Patagonia, a project that has attracted interest from international companies including Amazon, the government said on Tuesday.

Pinterest raises $150 million, valuing photo-sharing app at $12.3 billion

(Reuters) - Photo-sharing application company Pinterest has raised $150 million from existing investors in its latest round of funding, which values the company at $12.3 billion, a company spokeswoman said on Tuesday.

AMD rallies as cryptocurrency miners snap up graphics chips

SAN FRANCISCO (Reuters) - Shares of Advanced Micro Devices surged nearly 9 percent on Tuesday boosted by strong demand for its chips from cryptocurrency miners, leaving short sellers at a loss for the year.

Trump's blocking of Twitter users violates U.S. Constitution: rights institute

WASHINGTON (Reuters) - A free-speech institute on Tuesday sent a letter to President Donald Trump demanding the prolific tweeter unblock certain Twitter users on grounds the practice violates the First Amendment of the U.S. Constitution.

Uber fires more than 20 employees after harassment probe: Bloomberg

(Reuters) - Uber Technologies Inc [UBER.UL] fired more than 20 people following an internal investigation into sexual harassment claims, Bloomberg reported on Tuesday, citing a person familiar with the matter.

Investors struggle to figure out ProSieben's digital strategy

LONDON/MUNICH (Reuters) - In November last year, the head of Germany's ProSiebenSat.1 went cap in hand to his biggest investors looking to raise more than half a billion euros.

Vivendi set to cap Mediaset voting rights pending appeal: source

MILAN (Reuters) - France's Vivendi plans to cap its voting rights in Mediaset to comply with an Italian antitrust ruling over its stakes in the broadcaster and Telecom Italia as it prepares to appeal the ruling in court, a source close to the matter said.

Amazon offers Prime discount for U.S. customers on government aid

(Reuters) - Amazon.com Inc said on Tuesday it would offer a discount on its popular Prime subscription service for shoppers who receive U.S. government aid, taking aim at a key customer base for rival Wal-Mart Stores Inc.

Kaspersky files antitrust complaints against Microsoft in Europe

LONDON (Reuters) - Russian security software maker Kaspersky Lab has filed antitrust complaints against Microsoft with the European Commission and the German federal cartel office, it said in a statement on Tuesday.

Robo-adviser Wahed targets Muslim investors in U.S. and beyond

SYDNEY (Reuters) - New York-based Wahed Invest will offer its automated investment services across the United States after raising $5 million in seed capital, making it the first robo-adviser to cater to Muslim investors through a sharia-compliant platform, its founder said.

Following the Money Hobbled vDOS Attack-for-Hire Service

A new report proves the value of following the money in the fight against dodgy cybercrime services known as “booters” or “stressers” — virtual hired muscle that can be rented to knock nearly any website offline. Last fall, two 18-year-old Israeli men wer...

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Following the Money Hobbled vDOS Attack-for-Hire Service

A new report proves the value of following the money in the fight against dodgy cybercrime services known as “booters” or “stressers” — virtual hired muscle that can be rented to knock nearly any website offline. Last fall, two 18-year-old Israeli men wer...

Continue reading

Private equity firm Warburg Pincus to invest $300 million in Princeton GV

MUMBAI (Reuters) - An affiliate of private equity firm Warburg Pincus [WP.UL] will invest up to $300 million in Princeton Growth Ventures which aims to build a global tech, media and telecoms (TMT) infrastructure business.

Netskope raises $100 million as it seeks to turn a profit, go public

(Reuters) - Cyber-security firm Netskope said on Tuesday it has raised $100 million from existing and new investors to fund product development and marketing programs that will help the firm become profitable and set the stage to go public.

Germany's Delivery Hero lines up latest online takeaway IPO

BERLIN/FRANKFURT (Reuters) - Online food takeaway firm Delivery Hero is preparing a flotation that could value one of Europe's largest internet startups at up to 4 billion euros ($4.5 billion), raising funds to help it fend off new competitors such as Uber [UBER.UL] and Amazon .

Fujitsu says to reach agreement 'soon' on integrating PC business with Lenovo

TOKYO (Reuters) - Japan's Fujitsu Ltd expects to reach an agreement "soon" on integrating its personal computer business with China's Lenovo Group Ltd , Fujitsu President Tatsuya Tanaka said Tuesday.

Ride-hailing firm Grab says likely to raise funds in near future

SINGAPORE (Reuters) - Ride-hailing firm Grab, Uber Technologies Inc's [UBER.UL] largest rival in Southeast Asia, is likely to embark on a round of fundraising as it works to develop new offerings such as financial services, its chief executive told Reuters on Tuesday.

Taiwan's HTC says virtual reality headset will be compatible with Apple's new OS

TAIPEI (Reuters) - Taiwanese consumer electronics maker HTC Corp on Tuesday said its virtual reality (VR) headset will be compatible with Apple Inc's High Sierra operating system (OS), which is scheduled for release later this year.

Uber to share some findings of harassment probe Tuesday: source

SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] will tell employees on Tuesday about changes it will make after a probe into sexual harassment allegations by a former engineer at the ride services company, a person familiar with the matter said.

Amazon-Apple TV deal shows tough road to cooperation for tech rivals

SAN FRANCISCO, (Reuters) - A deal bringing Amazon Prime Video to Apple TV, announced on Monday at Apple Inc's developer conference after years of talk, shows how competitive tensions among Silicon Valley titans can stand in the way of serving customers.

U.S. judge orders Dish to pay $280 million fines, damages in telemarketing lawsuit

WASHINGTON/NEW YORK (Reuters) - A federal judge in Illinois ordered Dish Network Corp to pay $280 million in penalties to the U.S. government and four states in an eight-year-old "robocall" telemarketing lawsuit.

BlackBerry downplays Toyota's move to rival software maker

TORONTO (Reuters) - BlackBerry Ltd on Monday downplayed news that Toyota Motor Corp would stop using its QNX software to run vehicle consoles, saying it is more focused on the faster-growing market for autonomous driving technology.

U.S. plans to quickly update self-driving guidelines

DETROIT/WASHINGTON (Reuters) - The Trump administration will unveil revised self-driving guidelines within the next few months, the head of the U.S. Transportation Department said on Monday, responding to automakers' calls for regulations that will sanction their costly efforts to put autonomous veh...

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San Francisco subpoenas records on Uber, Lyft driving practices

SAN FRANCISCO (Reuters) - San Francisco's city attorney has issued subpoenas to ride-services firms Uber Technologies Inc [UBER.UL] and Lyft Inc for records of driving practices, access for disabled passengers and whether certain neighborhoods are underserved.

Apple pushes Siri to the fore at annual developer conference

(Reuters) - Apple Inc kicked off its annual developer conference on Monday by unveiling a "Siri face" for the Apple Watch that will enable the voice-activated assistant to provide users with information like commute times for upcoming appointments.

Amazon Prime Video to come to Apple devices

(Reuters) - Apple Inc Chief Executive Tim Cook said on Monday that Amazon Prime Video would be available on Apple TV and other Apple devices starting later this year.

British Airways commissions independent study of IT outage

CANCUN, Mexico (Reuters) - British Airways has commissioned an independent study to look into last month's shutdown of its data center, which knocked out its systems and stranded 75,000 people over a bank holiday weekend, its parent company's CEO said on Monday.

Canadian judge to consider bail request for accused Yahoo hacker

TORONTO (Reuters) - A Canadian appeals court justice said on Monday that he would review a bail request by Karim Baratov, a man charged by U.S. prosecutors of involvement in a high-profile breach of Yahoo email accounts.