Elon Musk, Chairman of SolarCity and CEO of Tesla Motors, speaks at SolarCity's Inside Energy Summit in Manhattan, New York October 2, 2015. Reuters/Rashid Umar Abbasi Artificial intelligence and machine learning will create computers so sophisticated and godlike that humans will need to implant "ne...
Ride-hailing app Uber has finally cracked Japan - approved to offer its service in Tango, part of Kyotango city on the west coast, with a population of just 5,560 and abandoned by the local taxi firm eight years ago. Tango is one of Japan's almost 800 designated depopulated communities, and about 40...
The SWIFT logo is pictured in this photo illustration taken April 26, 2016. Reuters/Carlo Allegri/Illustration/File Photo The chief executive of secure messaging system SWIFT said the theft of $81 million from Bangladesh’s central bank, by criminals sending fraudulent payment instructions via ...
Securities and Exchange Board of India (SEBI) Chairman U.K. Sinha speaks during Thomson Reuters Risk Summit in Mumbai, India, May 5, 2016. Reuters/Shailesh Andrade The head of India's financial markets regulator visited Silicon Valley this week to promote rule changes in his country protecting minor...
Workers prepare for the opening of an Apple store in Hangzhou, Zhejiang province, January 23, 2015. Reuters/Chance Chan/File Photo Apple Inc said on Thursday that a number of its services, including the App Store, was experiencing some issues. Other services affected include those related to iCloud,...
As Beijing moves in to buy up firms from Germany's famed "Mittlestand" of mid-sized manufacturers, politicians are nervous that Chinese owners may take their vaunted technology and move jobs abroad. But one of the first prominent mid-sized German engineering firms to sell out to the Chinese says suc...
Europe's telecoms operators will have to justify giving priority to certain services on their network, according to new EU regulatory guidelines in a move likely to disappoint an industry hoping for more leeway so they can boost revenues. The European Union last year adopted its first ever net neutr...
Partners from two longtime Silicon Valley venture-capital firms said they are launching a third: Wildcat Venture Partners, a firm focused on the stage where young companies have products ready to put on the market. Mohr Davidow's Bill Ericson, Katherine Barr, and Bryan Stolle, along with InterWest's...
The logo of Down Jones Industrial Average stock market index listed company Walmart is shown on one of its stores in Encinitas, California April 13, 2016. Reuters/Mike Blake Wal-Mart Stores Inc said Thursday it was six to nine months from beginning to use drones to check warehouse inventories in the...
People walk past a sign board of Huawei at CES (Consumer Electronics Show) Asia 2016 in Shanghai, China May 12, 2016. Reuters/Aly Song The U.S. Commerce Department has issued a subpoena to Huawei Technologies Co Ltd [HWT.UL] as part of a probe into the Chinese technology company's transactions in Cu...
The logo of car-sharing service app Uber on a smartphone over a reserved lane for taxis in a street is seen in this photo illustration taken in Madrid on December 10, 2014. Reuters/Sergio Perez/Illustration/File Photo A group representing 5,000 Uber Technologies Inc [UBER.UL] drivers in New York Cit...
BMW (BMWG.DE) has transformed its "i" division into a development center for self-driving cars, a board member told Reuters, a major strategic shift for the unit previously focused on making a family of lightweight electric vehicles. While Tesla's (TSLA.O) Model 3 will hit showrooms in 2017, and as ...
A driver displays Uber and Lyft ride sharing signs in his car windscreen in Santa Monica, California, U.S., May 23, 2016. Reuters/Lucy Nicholson/Files Uber and Lyft on Thursday will attempt to persuade separate U.S. judges to approve class action settlements which keep drivers classified as independ...
Honda Motor Co gave a sneak preview of its self-driving prototypes on Wednesday, saying it was already on its way to offering semi-autonomous safety functions to the mass market. The Japanese automaker has been less vocal about its plans for self-driving cars than larger rivals like Toyota and Gener...
Services such as ride-hailing app Uber [UBER.UL] and home-rental site Airbnb should only be banned as a last resort, the European Union executive said on Thursday, as it seeks to foster development of the "sharing economy". In its new guidelines, the European Commission said any restrictions by EU m...
China said on Thursday the purchase of German industrial robot maker Kuka by Chinese home appliance maker Midea Group Co Ltd should not be politicized as it is simply a commercial deal. Kuka is the latest and biggest German industrial technology group to be targeted by a Chinese buyer as the world's...
The Oracle logo is seen on its campus in Redwood City, California June 15, 2015. Reuters/Robert Galbraith Oracle Corp (ORCL.N) was sued on Wednesday by a former senior finance manager who claimed she was terminated in retaliation for complaining about improper accounting practices in its cloud servi...
Chinese ecommerce company Alibaba Group Holding Ltd said on Wednesday it has agreed to buy 27 million of its own shares from SoftBank Group Corp at $74 per share, or $2 billion. SoftBank Group said on Tuesday it would sell at least $7.9 billion of shares in Alibaba to cut the Japanese company's debt...
An Apple iphone 6 with Apple Pay is shown in this photo illustration in Encinitas , California June 3, 2015. Reuters/Mike Blake More than 18 months after Apple Pay took the United States by storm, the smartphone giant has made only a small dent in the global payments market, snagged by technical cha...
A VW sign is seen outside a Volkswagen dealership in London, Britain November 5, 2015. Reuters/Suzanne Plunkett/File photo Volkswagen (VOWG_p.DE) is looking at on-demand mobility services such as smartphone ride hailing to earn a "notable share" of future revenues as the carmaker pushes a strategic ...
The logo of car-sharing service app Uber on a smartphone over a reserved lane for taxis in a street is seen in this photo illustration taken in Madrid on December 10, 2014. Reuters/Sergio Perez/Illustration/File Photo Uber [UBER.UL] has raised $3.5 billion (£2.4 billion) from Saudi Arabia's so...
On March 14, 2013 our humble home in Annandale, Va. was “swatted” — that is to say, surrounded by a heavily-armed police force that was responding to fraudulent reports of a hostage situation at our residence. Later this month the government will sentence 21-year-old hacker named M...
On March 14, 2013 our humble home in Annandale, Va. was “swatted” — that is to say, surrounded by a heavily-armed police force that was responding to fraudulent reports of a hostage situation at our residence. Later this month the government will sentence 21-year-old hacker named M...
Theranos Chief Executive Officer Elizabeth Holmes speaks on stage at the Glamour Women of the Year Awards where she receives an award, in the Manhattan borough of New York November 9, 2015. Reuters/Carlo Allegri Forbes magazine on Wednesday reduced its estimate of the net worth of Elizabeth Holmes, ...
Commuters pass by the front of the Bangladesh central bank building in Dhaka March 8, 2016. Reuters/Ashikur Rahman/File Photo A U.S. congressional committee has launched a probe into the Federal Reserve Bank of New York's handling of the cyber theft of $81 million from one of its accounts held by th...
Headphones are seen in front of a logo of online music streaming service Spotify in this illustration picture taken in Strasbourg, February 18, 2014. Spotify is recruiting a U.S. financial reporting specialist, adding to speculation that the Swedish start-up is preparing for... Reuters/Christian Har...
A staff member stands next to robots at a plant of Kuka Robotics in Shanghai, China August 13, 2014. Reuters/Pete Sweeney/File Photo Germany is trying to coordinate an alternative offer for industrial robot maker Kuka (KU2G.DE) following Chinese home appliance maker Midea Group Co Ltd's (000333.SZ) ...
A view of the registered office address for Jiushun Group Co Ltd in Hong Kong May 26, 2016. Reuters/Bobby Yip The paper trail left behind by $2 million stolen from a hacked Ecuadorian bank runs cold in a windowless gamers’ crash pad in a gritty industrial area of Hong Kong. The room, in a...
A Salesforce sign is seen during the company's annual Dreamforce event, in San Francisco, California November 18, 2013. Reuters/Robert Galbraith Cloud-based software maker Salesforce.com Inc (CRM.N) said on Wednesday it would buy Demandware Inc (DWRE.N), which provides software to design e-commerce ...
The Federal Reserve headquarters in Washington September 16 2015. Reuters/Kevin Lamarque The U.S. Federal Reserve detected more than 50 cyber breaches between 2011 and 2015, with several incidents described internally as "espionage," according to Fed records. The central bank's staff suspected hacke...
