The interior of a Tesla Model S is shown in autopilot mode in San Francisco, California, U.S., April 7, 2016. Reuters/Alexandria Sage/File Photo Germany's Federal Office for Motor Vehicles (KBA) would not have approved the autopilot system installed on Tesla (TSLA.O) cars if the technology was still...
European tech investors spot safe havens from Brexit worries
Technology investors seeking refuge after Brexit are picking companies delivering instant access to services for Web and mobile customers or firms mainly doing business globally which can benefit from the pound's fall. They are shying away from hardware makers or e-commerce suppliers with sizeable U...
Jack Ma says lawsuits, probes help Alibaba to be understood
Lawsuits and investigations are an opportunity for Alibaba Group Holding Ltd to be better understood, founder and executive chairman Jack Ma said in an interview on Saturday. The U.S. Securities and Exchange Commission (SEC) launched a probe earlier this year into the Chinese e-commerce firm's accou...
Exclusive: Imperva seeks investment bank to explore options - sources
U.S. cyber security company Imperva Inc (IMPV.N) is seeking to hire an investment bank to help it explore strategic options after coming under pressure from activist hedge fund Elliott Management Corp, according to people familiar with the matter. The move comes after Elliott unveiled an 8.8 percent...
Facebook tests end-to-end encryption on Messenger
A 3D plastic representation of the Facebook logo is seen in this illustration in Zenica, Bosnia and Herzegovina, May 13, 2015. Reuters/Dado Ruvic Facebook Inc (FB.O) on Friday said it began testing end-to-end encryption on its popular Messenger application to prevent snooping on digital conversation...
Bitcoin 'miners' face fight for survival as new supply halves
Marco Streng is a miner, though he does not carry a pick around his base in south-western Iceland. Instead, he keeps tens of thousands of computers running 24 hours a day in fierce competition with others across the globe to earn bitcoins. In the world of the web-based digital currency, it is not ce...
German ministry denies investigating Tesla over software updates
Germany's Transport Ministry denied a report on Friday that it was investigating Tesla Motors Inc for updating driving assistance software without informing authorities, but said it was "clarifying technical issues" on the matter. German magazine Der Spiegel reported, without citing a source, that t...
1,025 Wendy’s Locations Hit in Card Breach
At least 1,025 Wendy’s locations were hit by a malware-driven credit card breach that began in the fall of 2015, the nationwide fast-food chain said Thursday. The announcement marks a significant expansion in a data breach that is costing banks and credit unions plenty: Previously, Wendy&rsquo...
1,025 Wendy’s Locations Hit in Card Breach
At least 1,025 Wendy’s locations were hit by a malware-driven credit card breach that began in the fall of 2015, the nationwide fast-food chain said Thursday. The announcement marks a significant expansion in a data breach that is costing banks and credit unions plenty: Previously, Wendy&rsquo...
Uber drivers fined in Denmark
Six Uber [UBER.UL] drivers in Denmark were found guilty on Friday by a Copenhagen court of violating Danish taxi laws and fined 2,000 to 6,000 Danish crowns ($300-900) each. The case is another blow to the U.S. based ride-hailing app that has sparked protests and legal action around the world from t...
Twitter in talks with NBA, MLS, Turner to stream sports: Recode
A 3D-printed logo for Twitter is seen in this picture illustration made in Zenica, Bosnia and Herzegovina on January 26, 2016. Reuters/Dado Ruvic/Illustration/File Photo Twitter Inc is in talks with the NBA, Major League Soccer and Time Warner Inc's cable network Turner Broadcasting for rights to st...
Panasonic expects to double sales of electric car batteries in three years
Pedestrians walk past a logo of Panasonic Corp outside Panasonic Center in Tokyo, Japan, February 3, 2016. Reuters/Yuya Shino Japan's Panasonic Corp said it expects strong demand for its lithium-ion batteries from Tesla Motors Inc to help more than double its annual sales of automobile-related batte...
EU-U.S. commercial data transfer pact clears final hurdle
A Google search page is seen through a magnifying glass in this photo illustration taken in Berlin, August 11, 2015. Reuters/Pawel Kopczynski/Files A commercial data transfer pact provisionally agreed by the EU executive and the United States in February received the green light from EU governments ...
LG Electronics says second-quarter profit more than doubled vs year earlier
South Korea's LG Electronics Inc said on Friday its second-quarter operating profit likely reached a two-year high, with analysts pointing to strong contributions from its mainstay home appliances and television set businesses. The world's second-biggest TV maker by market share, behind compatriot S...
Nintendo shares surge on hopes for new Pokemon mobile game
Attendees walk past the Nintendo of America Inc. booth during the Electronic Entertainment Expo or E3 in Los Angeles June 7, 2011. Reuters/Danny Moloshok/File Photo Shares in Japanese gaming group Nintendo Co jumped more than 10 percent on Friday, buoyed by expectations for its recently launched Pok...
Uber raises $1.15 billion leveraged loan
An Uber car is seen parked with the driver's lunch left on the dashboard in Venice, California, United States on July 15, 2015. Reuters/Lucy Nicholson/File Photo Uber Technologies Inc. [UBER.UL] has secured a $1.15 billion leveraged loan, a person familiar with the matter said on Thursday, the lates...
Coupa Software hires investment banks for IPO: sources
Coupa Software Inc, a U.S. provider of applications that help companies run their financial affairs, has hired investment banks for an initial public offering that could come later this year, people familiar with the matter said on Thursday. Coupa would be one of the largest software companies looki...
Train device flashes pink to guide pregnant South Korean women to seats
A South Korean city plans to introduce an alarm that flashes a pink light on trains and buses to prompt commuters to give up their seats to pregnant women. The Beacon device uses bluetooth technology and lights up beside priority seats when a pregnant woman, with the associated app on her smartphone...
Florida investigators found laptop in Tesla after fatal crash
A Tesla Model S involved in the fatal crash on May 7, 2016 is shown with the top third of the car sheared off by the impact of the collision of the Tesla with a tractor-trailer truck on nearby highway and came to rest in the yard of Robert and Chrissy VanKavelaar in... Reuters Investigators found a ...
From tweets to streets, Zimbabwe social media anger erupts into anti-Mugabe protests
Organizers of a general strike against Zimbabwean President Robert Mugabe pledged on Thursday to continue action until he falls, as a spontaneous social media movement has coalesced into the biggest uprising against his rule in nearly a decade. Zimbabweans have been using the Internet in recent week...
Facebook faces U.S. tax exam over Ireland asset tranfer: lawsuit
3D-printed models of people are seen in front of a Facebook logo in this photo illustration taken June 9, 2016. Reuters/Dado Ruvic/Illustration The U.S. Internal Revenue Service is examining Facebook Inc (FB.O) in connection with its transfer of various rights associated with its worldwide business ...
Wendy's says recently-found malware targeted payment card data
A Wendy's sign and logo are shown at one of the company's restaurant in Encinitas, California May 10, 2016 . Reuters/Mike Blake U.S. burger chain Wendy's Co said on Thursday that a malware it had found at some franchisees in June had enabled hackers to access payment card information from the point-...
Millions of SE Asian jobs may be lost to automation in next two decades: ILO
Humanoid robots work side by side with employees in the assembly line at a factory of Glory Ltd., a manufacturer of automatic change dispensers, in Kazo, north of Tokyo, Japan, July 1, 2015. Reuters/Issei Kato More than half of workers in five Southeast Asian countries are at high risk of losing the...
Huawei filed new patent suit against Samsung Electronics: China court
Huawei Technologies Co Ltd [HWT.UL] has filed another patent lawsuit against smartphone rival Samsung Electronics Co Ltd in China, adding to the legal battle between the two Asian electronics giants. Quanzhou intermediate people's court spokesman Wang Zhiwei told Reuters the court accepted the case ...
Samsung Electronics tips best profit in more than 2 years for second quarter
Tech giant Samsung Electronics Co Ltd said on Thursday its second-quarter operating profit likely rose 17.4 percent from a year earlier, its highest in more than 2 years as Galaxy S7 smartphone sales propelled mobile earnings. The world's top maker of smartphones and memory chips said in a regulator...
Snapchat launches new save function for photos, videos
A portrait of the Snapchat logo in Ventura, California December 21, 2013. Reuters/Eric Thayer Snapchat announced a new feature that enables users to save and share their content, a big change for the popular social messaging app widely used for sending photos and videos that disappear in a day. The ...
NHTSA probing July 1 crash of Tesla Model X in Pennsylvania
A logo is seen on the new Tesla Model X P90D at the 86th International Motor Show in Geneva, Switzerland, March 1, 2016. Reuters/Denis Balibouse The National Highway Traffic Safety Administration is investigating a July 1 crash in Pennsylvania of a Tesla Model X "to determine whether automated funct...
Wal-Mart mobile pay service rollout complete, repeat usage jumps
A person walks outside a Wal-Mart store in Mexico City January 11, 2013. Reuters/Edgard Garrido/File Photo Wal-Mart Stores Inc said on Wednesday it has completed the rollout of its Wal-Mart Pay mobile payment service across the United States and that 88 percent of transactions on the app are from re...
Verizon raises wireless plan rates, offers more data
The logo of Dow Jones Industrial Average stock market index listed company Verizon is seen at a retail store in San Diego, California April 21, 2016. Reuters/Mike Blake Verizon Communications Inc (VZ.N), the No. 1 U.S. wireless provider, said on Wednesday that it would increase plan rates but expand...
U.S. recalls over 500,000 hoverboards over battery fires
Ten companies are recalling about 501,000 hoverboards after numerous reports of the self-balancing scooters' batteries catching fire, the U.S. Consumer Products Safety Commission said on Wednesday. There have been at least 99 incidents of the two-wheeled devices' lithium-ion battery packs overheatin...