(Reuters) - Uber Technologies Inc has reached a settlement with Pennsylvania's taxi regulator to end the ride-sharing company's appeal of a record $11.4 million fine for operating illegally.
FCC to vote to reform $45 billion business data market
WASHINGTON (Reuters) - The Republican head of the Federal Communications Commission on Thursday proposed easing regulatory requirements in the $45 billion business data services market, a win for companies like AT&T Inc, CenturyLink Inc, Verizon Communications Inc and others.
U.S. judge clears Toshiba's Westinghouse to tap bankruptcy loan
(Reuters) - A U.S. bankruptcy judge on Thursday cleared Westinghouse Electric Co, a unit of Japan's Toshiba Corp , to borrow an initial $350 million to support the company's global operations while it restructures operations.
China's LeEco secures $2.2 billion for expansion from new investors
TAIPEI (Reuters) - Chinese tech conglomerate LeEco has successfully raised nearly $2.2 billion from new investors including Tianjin Jiarui Huixin Corporate Management Company and property developer Sunac China Holdings , stock market filings on Thursday showed.
Investors bet on a quiet tech revolution in Europe
LONDON (Reuters) - It's not banking or mining shares, but rather technology stocks, that have come up trumps in Europe this year and are poised to end the first quarter as the best-performing sector.
Coty says not against online sales, wants to protect luxury brands
LUXEMBOURG (Reuters) - German beauty products maker Coty rejected claims that its distribution policies imply a blanket ban on online sales, arguing that its main concern was to safeguard the cachet of its luxury brands such as Marc Jacobs, Calvin Klein and Chloe.
U.S. awards AT&T contract to build emergency broadband network
(Reuters) - The U.S. Department of Commerce on Thursday awarded a 25-year contract to AT&T Inc for the construction of a nationwide wireless broadband network to better equip first responders during emergencies.
Britain to demand tech firms do more to tackle extremism
LONDON (Reuters) - Britain will tell Google, Facebook, Twitter, and Microsoft on Thursday to do more to stop extremists posting content on their platforms and using encrypted messaging services to plan attacks.
After sale to Intel, Mobileye's founder raises sights on IPO for OrCam
JERUSALEM (Reuters) - With the ink barely dry on the $15 billion sale of his autonomous driving technology firm Mobileye to Intel , inventive Israeli entrepreneur Amnon Shashua now has his sights set on taking another start-up public by the end of next year.
Samsung Electronics' mobile chief says Galaxy S8 sales to beat S7's
SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd expects sales of its new flagship Galaxy S8 smartphone to beat those of its 2016 predecessor Galaxy S7, the company's head of mobile business said.
India privately took Amazon to task over insulting flag doormat
NEW DELHI (Reuters) - India's reaction to an Amazon.com website selling doormats resembling the country's flag involved an unprecedented public and private offensive against the U.S. company by Prime Minister Narendra Modi's government, a document shows.
Exclusive: Bullying, bonuses and a red flag that BT missed in Italy - sources
MILAN (Reuters) - Three employees of BT Group's Italian unit warned their Madrid-based supervisor in November 2015 about possible accounting problems at BT Italy, one of the three said, a year before the phone company revealed financial irregularities at the division.
Blockchain startup Chain teams with Thales to bolster security
NEW YORK(Reuters) - U.S. blockchain startup Chain Inc has teamed with security firm Thales Group to make it easier for large companies that use blockchain technology to safely store their security credentials, the two companies said on Thursday.
SpaceX to launch first reused rocket, testing cost-cutting model
CAPE CANAVERAL, Fla. (Reuters) - SpaceX is aiming for another space industry first on Thursday when it plans to launch a Falcon 9 rocket that has flown before, a key step in billionaire entrepreneur Elon Musk's quest to cut the cost of space flight.
Toshiba's shareholders approve chip unit split off, paves way for sale
TOKYO (Reuters) - Toshiba Corp's shareholders on Thursday approved a proposal to split off the Japanese company's NAND flash memory unit, paving the way for the sale of most of its prized business.
Hyundai Motor working on dedicated platform for electric vehicles: executive
YONGIN, South Korea (Reuters) - South Korea's Hyundai Motor Co is developing its first dedicated architecture for electric vehicles, an executive told Reuters, preparing a major push into the growing segment by offering multiple models with longer driving ranges.
Waymo self-driving unit sought arbitration over engineer now at Uber
SAN FRANCISCO (Reuters) - Alphabet Inc's Waymo self-driving unit sought to arbitrate claims last year against a former employee at the center of its lawsuit against Uber, court records released on Wednesday showed, in what Uber said strengthened its bid to get the case out of court and into arbitrat...
BlackBerry, freed of handsets, looks to software for return to glory
TORONTO (Reuters) - Although BlackBerry Ltd has extricated itself from the smartphone handsets that weighed on its recent fortunes, the Canadian firm faces a tough slog to convince skeptics it can return to its glory days through an enlarged software business.
White House says Trump to sign broadband privacy repeal
WASHINGTON (Reuters) - President Donald Trump plans to sign a repeal of Obama-era broadband privacy rules as a bigger fight looms over rules governing the openness of the internet, the White House said on Wednesday.
Amazon moving staff at Quidsi parenting products unit after losses
(Reuters) - Amazon.com Inc said on Wednesday it was moving staff out of its Quidsi nursery, beauty and pet products subsidiary after the business failed to turn a profit.
U.S. agency moves to shake up government-subsidized telecom program
WASHINGTON (Reuters) - The U.S. Federal Communications Commission plans to reverse an Obama era decision that allowed it to approve companies to offer government-subsidized telecommunications services to low-income families, the agency's Republican head said on Wednesday.
Digital asset exchange ShapeShift raises $10.4 million in funding
(Reuters) - Switzerland-based ShapeShift, a digital currency exchange, said on Wednesday it has raised $10.4 million in capital from both U.S. and international venture capital investors to fund future expansion.
Top EU court to weigh in on luxury brands' attempts to ban online sales
BRUSSELS (Reuters) - Europe's top court will begin a landmark case on Thursday which could determine whether luxury goods companies can stop retailers from selling their products via marketplaces such as Amazon or eBay.
Samsung launches Galaxy S8 and dreams of recovery from Note 7
FILE PHOTO: The logo of Samsung Electronic is seen at its headquarters in Seoul, South Korea, in this file photo taken on April 4, 2016. REUTERS/Kim Hong-Ji/File Photo
Audi's unions demand electric model for main German plant
BERLIN (Reuters) - Labor leaders at Volkswagen's luxury Audi brand have asked top management to assign production of an all-electric model to the carmaker's main plant in Germany, concerned they might lose out as electric cars gain in importance.
Turkish court halts activities of Booking.com over breach of competition law: association
ANKARA (Reuters) - A Turkish court halted the activities of online travel agent Booking.com in a court case alleging the website had violated Turkish competition law, the Association of Turkish Travel Agencies (TURSAB) said on Wednesday.
Ride-hailing firm Careem on lookout for acquisitions, IPO an option
ABU DHABI (Reuters) - Dubai-based ride-hailing company Careem is looking for acquisition opportunities and is considering an initial public offering as a possible option but has no timeframe in mind, its founder and CEO said.
A scramble at Cisco exposes uncomfortable truths about U.S. cyber defense
The logo of Cisco is seen at Mobile World Congress in Barcelona, Spain, February 27, 2017. REUTERS/Eric Gaillard
Bangladesh Bank heist was 'state-sponsored': U.S. official
Commuters pass by the front of the Bangladesh central bank building in Dhaka March 8, 2016. REUTERS/Ashikur Rahman/File Photo
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