WASHINGTON (Reuters) - Automakers on Tuesday urged the state of California to further ease its proposed regulations for autonomous vehicles, saying the state did not respond to their earlier objections by making enough revisions to its planned set of rules for self-driving cars.
U.S. FCC to launch 'comprehensive review' of media regulations
WASHINGTON (Reuters) - Federal Communications Commission Chairman Ajit Pai on Tuesday said the top U.S. telecommunications regulator will launch a "comprehensive review" of regulations that restrict consolidation among media companies, potentially opening the door to a new wave of deals among broadc...
Palantir Technologies settles hiring discrimination allegations
WASHINGTON (Reuters) - Palantir Technologies Inc has entered into a consent decree with the U.S. Labor Department to resolve charges it discriminated against Asian applicants in hiring for engineering jobs, the department said in a statement on Tuesday.
Blockchain startup Gnosis to freeze tokens after strong sale
NEW YORK (Reuters) - After an initial digital currency sale that raised $12.5 million in just 12 minutes, blockchain startup Gnosis has decided to leave most of its remaining currency untouched for at least a year, co-founder Martin Koppelmann told Reuters on Tuesday.
Alibaba's Ma champions U.N. e-commerce drive for development
GENEVA (Reuters) - Alibaba Executive Chairman Jack Ma said on Tuesday the Internet should be a utility available to the whole world, putting his weight behind a U.N. call for e-commerce to boost developing economies and help fight poverty.
U.S. regulators to review decision denying Bitcoin ETF: filing
NEW YORK (Reuters) - The U.S. Securities and Exchange Commission plans to review its decision last month to block the listing of the first U.S. exchange-traded fund tracking the digital currency bitcoin, a regulatory filing showed on Tuesday.
Uber expects flying taxis to take off in 2020
(Reuters) - Flying taxis may become a reality in the next four years.
Kaspersky tones down threat of antitrust complaint against Microsoft
HANOVER, Germany (Reuters) - Russia's Kaspersky Lab has temporarily backed off filing a competition complaint that Microsoft is abusing its market dominance to crowd out anti-virus software makers such as itself, founder and Chief Executive Eugene Kaspersky said.
EU lawmakers include Spotify and iTunes in geoblocking ban
BRUSSELS (Reuters) - European Union lawmakers voted on Tuesday to ban online retailers from treating consumers differently depending on where they live and expanded their proposed law to include music streaming services such as Spotify and Apple's iTunes.
UK Man Gets Two Years in Jail for Running ‘Titanium Stresser’ Attack-for-Hire Service
A 20-year-old man from the United Kingdom was sentenced to two years in prison today after admitting to operating and selling access to “Titanium Stresser,” a simple-to-use service that let paying customers launch crippling online attacks against Web sites and individual Internet users. ...
UK Man Gets Two Years in Jail for Running ‘Titanium Stresser’ Attack-for-Hire Service
A 20-year-old man from the United Kingdom was sentenced to two years in prison today after admitting to operating and selling access to “Titanium Stresser,” a simple-to-use service that let paying customers launch crippling online attacks against Web sites and individual Internet users. ...
Hyundai mobile app exposed cars to high-tech thieves: researchers
TORONTO (Reuters) - Software vulnerabilities in a Hyundai Corp app that lets a car be started remotely made the company's vehicles susceptible to theft from high-tech thieves for three months before the company fixed the bug in March, a cyber security firm said on Tuesday.
Thyssenkrupp plans to open 3D printing center this year
HANOVER, Germany (Reuters) - German industrial group Thyssenkrupp plans to open its own 3D printing center this year to manufacture products for its customers, a company executive said on Tuesday.
Netflix clinches licensing deal with China's iQiyi.com
BEIJING (Reuters) - Netflix is to introduce original content in China in a licensing deal with local video streaming service iQiyi.com, the U.S. company said on Tuesday.
EU Commission investigates Swedish mobile operators: Telenor
OSLO (Reuters) - The European Commission is investigating whether mobile network operators in Sweden have abused their market position or engaged in anti-competitive practices, Norway's Telenor said in a statement on Tuesday.
Wikipedia founder aims to 'fix the news' with collaborative website
LONDON (Reuters) - Jimmy Wales, the founder of online encyclopedia Wikipedia, has launched a website aimed at countering the spread of fake news by bringing together professional journalists and a community of volunteers and supporters to produce news articles.
Continental AG steps up investments in electric car drives
FRANKFURT (Reuters) - Automotive components supplier Continental AG plans to invest an additional 300 million euros ($326 million) in electric drives by 2021 in anticipation of a shift to electric cars over the next decade, the company said on Tuesday.
Waymo testing self-driving car ride service in Arizona
SAN FRANCISCO (Reuters) - Alphabet Inc's Waymo autonomous vehicle group will begin testing a self-driving car program for hundreds of families in Phoenix, Arizona and is buying 500 Chrysler minivans to do so, the companies said on Tuesday.
Thyssenkrupp sees connected elevators lifting profit
HANOVER, Germany (Reuters) - Thyssenkrupp sees the connection of elevators to the internet potentially lifting its profits by a double-digit million-euro amount, the head of its elevator business told Reuters in an interview.
Ericsson posts slightly wider loss than expected in first quarter
STOCKHOLM (Reuters) - Mobile telecom equipment maker Ericsson reported a slightly bigger than expected first-quarter operating loss on Tuesday and said industry trends and business mix in mobile broadband from 2016 were expected to prevail in 2017.
Exclusive: Vivendi to accelerate expansion in video games and advertising - sources
PARIS (Reuters) - French media giant Vivendi will accelerate acquisitions in video games and advertising this year to allay investor concerns about its strategy, mixed results and poor share performance, two sources close to the matter told Reuters.
ABB, IBM team up on industrial artificial intelligence
ZURICH (Reuters) - ABB has sealed a collaboration agreement with International Business Machines Corp, the Swiss engineering company said on Tuesday, the latest step in its efforts to ramp up its presence in digital technology and the internet of things.
Toshiba to start taking bids in June for its Swiss unit Landis+Gyr: Kyodo
TOKYO (Reuters) - Japan's Toshiba Corp will start taking bids for Landis+Gyr, its Swiss smart meter unit, as early as June, Kyodo news agency reported on Tuesday.
SAP core profit up 8 percent on acceleration in cloud product sales
FRANKFURT (Reuters) - SAP, Europe's largest software company, reported slightly lower-than-expected first-quarter core profit as it sold more of its cloud products, which are less profitable.
China targets production of two million new energy vehicles by 2020: industry ministry
BEIJING (Reuters) - China wants annual production and sales of new energy vehicles to reach 2 million by 2020, the industry ministry said on Tuesday.
Apple delays release of first original series 'Carpool Karaoke'
LOS ANGELES (Reuters) - Apple Inc's Apple Music has delayed the release of its first original video series, an adaptation of comedian James Corden's popular "Carpool Karaoke" segment, the company said.
Tom Hanks jokes Twitter CEO inspired his character in 'The Circle'
SAN FRANCISCO (Reuters) - Oscar-winning actor Tom Hanks, who plays a Silicon Valley tycoon in the new film "The Circle" about a powerful social media company, teased Twitter Inc Chief Executive Officer Jack Dorsey on Monday that he may have been inspiration for the part.
FCC chairman expected to unveil strategy to reverse net neutrality: sources
WASHINGTON (Reuters) - The head of the U.S. Federal Communications Commission is expected to unveil his strategy this week to overturn landmark 2015 net neutrality rules, a move that will kickoff a new battle over the future of the internet.
Uber, France spar over whether company is a transport service
LUXEMBOURG (Reuters) - U.S. ride-hailing app Uber told Europe's top court on Monday that it was a digital service, not a transport service, and that a French law clearly targeted online taxi services, in its latest European legal battle with the taxi industry.
The Backstory Behind Carder Kingpin Roman Seleznev’s Record 27 Year Prison Sentence
Roman Seleznev, a 32-year-old Russian cybercriminal and prolific credit card thief, was sentenced Friday to 27 years in federal prison. That is a record punishment for hacking violations in the United States and by all accounts one designed to send a message to criminal hackers everywhere. But ...