Tesla Inc's use of individual customer data, such as vehicle camera footage and GPS, to price its new insurance products will depend on drivers' authorization and individual U.S. state laws, a senior company executive said on Wednesday.
Samsung to launch Galaxy Fold in South Korea on September 6 priced $2,000
Samsung Electronics Co Ltd on Thursday said its first foldable smartphone, the Galaxy Fold, will be available in South Korea from Sept. 6 with fifth-generation (5G) mobile connectivity.
Facebook, tech firms meet with U.S. intelligence on 2020 election security
U.S. technology companies including Facebook Inc , Alphabet's Google , Microsoft Corp and Twitter Inc met with U.S. intelligence agencies on Wednesday to discuss security strategies ahead of the November 2020 election.
Facebook, tech companies meet with U.S intelligence on 2020 election strategy
A number of technology companies including Facebook Inc , Alphabet's Google , Microsoft Corp and Twitter Inc met with representatives of the U.S. government on Wednesday to discuss security strategies related to the 2020 U.S. election, Facebook said in a statement.
Palo Alto says on track to grow sales at double digit pace over next three years
Cybersecurity firm Palo Alto Networks said it expects to grow sales at a double-digit pace over the next three years and forecast robust free cash flow, sending its shares up 8% in volatile after-hours trading on Wednesday.
Slack forecasts bigger third-quarter loss, slowing revenue growth; shares tumble
Slack Technologies Inc forecast slowing revenue growth in the second half and a bigger-than-expected third-quarter loss in its first report as a public company on Wednesday, as it faces intense competition from Microsoft Corp and others.
Brazil court rules Uber drivers are freelancers, not employees
A Brazilian high court has ruled that Uber drivers are not employees of the mobile ride-hailing company, a decision that bolsters its business model in its second-largest market.
Automakers to install rear seat reminders to stop hot car deaths in U.S.
Major automakers said on Wednesday they have agreed to equip nearly all U.S. vehicles with systems to remind motorists of passengers in the back seat, by model year 2025, in an effort to avoid deaths of young children left behind in hot cars.
Effort to disqualify lawyer part of U.S. campaign against Huawei: counsel
The effort to stop a former U.S. Justice Department official from representing Huawei is another step in a broader U.S. government campaign against the Chinese company, a lawyer for Huawei argued on Wednesday.
U.S. safety agency cites Tesla Autopilot design as factor in 2018 California crash
The National Transportation Safety Board (NTSB) on Wednesday cited driver errors and Tesla Inc's Autopilot design as the probable cause of a January 2018 crash of a Model S into a parked fire truck on a highway in California.
Palo Alto forecasts 2020 profit below estimates, shares down 10%
Cybersecurity firm Palo Alto Networks forecast fiscal 2020 adjusted profit below Wall Street estimates on Wednesday, sending its shares down 10% in extended trading.
Slack loss forecast bigger than expected, shares plunge
Slack Technologies Inc forecast a bigger-than-expected loss for the third quarter on Wednesday, as the workplace messaging and communication platform invests heavily to attract paid customers and organizations in the face of competition from companies like Microsoft Corp .
T-Mobile US workers worry Sprint deal will mean job losses
T-Mobile US retail employees and technicians delivered a letter late Tuesday for Deutsche Telekom CEO Tim Hoettges, seeking assurances that their jobs and paychecks will be safe if the wireless carrier is allowed to merge with Sprint, its smaller rival.
EU looking to see if Facebook's Libra currency poses competition risks
EU regulators are examining Facebook's proposed Libra cryptocurrency to see if it harms competition, Europe's antitrust regulator said on Wednesday, the latest watchdog to voice concerns about the social network's move into financial services.
Apple seeks to raise $7 billion in return to bond market: IFR
Apple Inc is looking to raise $7 billion through a sale of bonds set to price later on Wednesday, IFR reported, the company's first such issue since November 2017.
U.S. safety agency cites driver error, Tesla Autopilot design in crash report
The National Transportation Safety Board (NTSB) on Wednesday cited driver errors and Tesla Inc's Autopilot design as the probable cause of a January 2018 crash of a Model S into a parked fire truck on a highway in California.
Trump: U.S. does not want to discuss Huawei with China
President Donald Trump said on Wednesday the United States does not want to discuss the U.S. blacklisting of Huawei Technologies with China as the two biggest world economies try to end escalating trade tensions.
U.S. safety regulator cites driver error, Tesla Autopilot design in crash report
The National Transportation Safety Board (NTSB) on Wednesday cited driver errors and Tesla Inc's Autopilot design as the probable cause of a January 2018 crash of a Model S into a parked fire truck on a highway in California.
Republican, Democratic U.S. lawmakers ask Google to expand copyright protections
A bipartisan group of U.S. lawmakers on Wednesday asked the chief executive of Alphabet's Google to expand its use of technology that prevents copyright infringement to smaller creators who are "at a significant disadvantage."
Automakers to equip nearly all U.S. vehicles with systems to avoid deaths of children in hot cars
Major automakers said on Wednesday they have agreed to equip nearly all U.S. vehicles with systems to remind motorists of passengers in the back seat, by model year 2025, in an effort to avoid deaths of young children left behind in hot cars.
Porsche goes green with leather-free electric sports car
Porsche is making a leather-free version of its new Taycan electric sports car in the latest attempt by a German automaker to play up green credentials as environmental activists lobby for a boycott of the industry.
Soccer: Twitter vows to tackle online racist abuse of players in Britain
Twitter said it has taken action on more than 700 cases of "abuse and hateful conduct" related to football in Britain in the last two weeks and promised on Wednesday to continue its efforts to curb the menace.
Amazon may need to raise prices to offset latest tariff blow: BofA
Amazon.com Inc will need to raise prices in the United States by about 2.1%-2.6% on average to offset the impact of fresh tariffs slapped by the Trump administration on various Chinese goods, Bank of America Merrill Lynch analysts estimated.
T-Mobile U.S. workers worry Sprint deal will mean job losses
T-Mobile US retail employees and technicians delivered a letter late Tuesday for Deutsche Telekom CEO Tim Hoettges, seeking assurances that their jobs and paychecks will be safe if the wireless carrier is allowed to merge with Sprint, its smaller rival.
Google's YouTube to pay $170 million penalty for collecting data on kids
Google, which is owned by Alphabet Inc , and its YouTube video service will pay $170 million to settle allegations that it broke federal law by collecting personal information about children, the Federal Trade Commission said on Wednesday.
Visa innovation center partners with Israeli paytech firms
Visa's new innovation center in Tel Aviv said on Wednesday it is partnering with three Israeli payment technology companies.
U.S. effort to disqualify Huawei's lead lawyer goes to court
A former U.S. Justice Department official who now represents Huawei Technologies is expected in Brooklyn federal court on Wednesday to defend his right to represent the Chinese company against U.S. charges of bank fraud and sanctions violations.
Amazon India to weed out single-use plastic packaging by June 2020
Amazon.com Inc's India unit said on Wednesday it would replace all single use plastic in its packaging by June 2020 with paper cushions, the latest major company to join the country's fight against environmental pollution.
‘Satori’ IoT Botnet Operator Pleads Guilty
A 21-year-old man from Vancouver, Wash. has pleaded guilty to federal hacking charges tied to his role in operating the “Satori” botnet, a crime machine powered by hacked Internet of Things (IoT) devices that was built to conduct massive denial-of-service attacks targeting Internet servi...
Indonesia plans tax overhaul to make tech firms pay VAT - finance minister
Indonesia is preparing a bill that will make tech firms such as Alphabet Inc's Google and Amazon pay value added tax (VAT), Finance Minister Sri Mulyani Indrawati said.