BRUSSELS (Reuters) - Facebook, embroiled in a huge data scandal which has wiped off over $100 billion in its market value, on Wednesday announced a series of privacy changes it was making to give users more control over their data.
Facebook to give users more control over personal information
(Reuters) - Facebook Inc is giving users more control over their privacy by making data management easier and redesigning the settings menu, the company said on Wednesday, in the wake of a scandal over a breach that exposed the personal information of millions and was allegedly used by a political c...
Airbnb to start sharing Chinese host information with government
BEIJING (Reuters) - U.S. short-term rental service Airbnb Inc said it would start disclosing host information to Chinese government agencies starting on Friday, as the San Francisco-based company complies with regulations in China.
Tencent president sells $55 million worth of company shares
HONG KONG (Reuters) - The president of Tencent Holdings, Asia's most valuable listed company, has sold 1 million of his shares in the company at a premium of 5.4 percent to Wednesday's closing market price, according to a regulatory filing.
Peugeot CEO backs calls for European battery champion
PARIS (Reuters) - French carmaker PSA Group threw its support behind efforts to create a European manufacturer of electric car batteries, as Chief Executive Carlos Tavares warned lawmakers on Wednesday against letting Asian dominance go unchallenged.
Exclusive: Mideast Uber rival Careem in early talks to raise new funds - sources
DUBAI, (Reuters) - Middle East ride-hailing app Careem is in early talks to raise as much as $500 million in new funds from investors, sources told Reuters.
Internet firms should do 'much much' more to remove illegal content: UK interior minister
LONDON (Reuters) - Internet companies such as Facebook should do more to remove illegal and offensive content online, British interior minister Amber Rudd said on Wednesday.
China's Geely calls for caution in self-driving tech after fatal collision
BEIJING (Reuters) - The Chinese owner of Swedish car brand Volvo said on Wednesday that the autonomous driving industry should move forward prudently in the wake of a deadly accident in the United States this month that has rekindled a debate about safety.
Mideast ride-hailing app Careem resumes Ramallah services
DUBAI (Reuters) - Middle East ride-hailing app Careem said on Wednesday it had resumed services in the Palestinian city of Ramallah in the Israeli-occupied West Bank after striking a deal with Palestinian transport authorities.
New Zealand privacy commissioner joins criticism of Facebook data handling
WELLINGTON (Reuters) - New Zealand's privacy commissioner joined international criticism against Facebook Inc, saying on Wednesday it has broken the law by declining a citizen access to personal information held on the accounts of other users.
Uber agrees to settle California discrimination lawsuit for $10 million
(Reuters) - Uber Technologies Inc has agreed to pay $10 million to settle a class-action lawsuit brought by two women engineers who accused the ride-services company of gender and race discrimination.
China's Fosun aims to invest $3.2 billion in technology over three years
HONG KONG (Reuters) - Acquisitive Chinese conglomerate Fosun International, which owns Club Med and Cirque du Soleil within its broad portfolio, said on Wednesday it aims to invest 20 billion yuan ($3.19 billion) in technology in the next three years.
Facebook's Zuckerberg to testify before Congress: source
NEW YORK (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg plans to testify before U.S. Congress, a source briefed on the matter said on Tuesday, as he bows to pressure from lawmakers insisting he explain how 50 million users' data ended up in the hands of a political consultancy.
Three Facebook users sue over collection of call, text history
SAN FRANCISCO (Reuters) - Three users of the Facebook Messenger app sued Facebook on Tuesday, saying the social network violated their privacy by collecting logs of their phone calls and text messages, in the latest legal challenge facing the company.
Companies clamp down on crypto ads as regulators play catch-up
LONDON (Reuters) - A growing number of internet companies are banning cryptocurrency advertising, fearing reputational damage if their users are duped or left penniless, even as regulators struggle to get to grips with the fast-emerging industry.
Aging Japan: Robots may have role in future of elder care
TOKYO (Reuters) - Paro the furry seal cries softly while an elderly woman pets it. Pepper, a humanoid, waves while leading a group of senior citizens in exercises. The upright Tree guides a disabled man taking shaky steps, saying in a gentle feminine voice, “right, left, well done!”
Uber’s use of fewer safety sensors prompts questions after Arizona crash
TEMPE, Ariz./PITTSBURGH (Reuters) - When Uber decided in 2016 to retire its fleet of self-driving Ford Fusion cars in favor of Volvo sport utility vehicles, it also chose to scale back on one notable piece of technology: the safety sensors used to detect objects in the road.
India tax department freezes certain Cognizant bank accounts: report
(Reuters) - India's Income Tax department has frozen Cognizant Technology Solutions Corp's bank accounts and deposits in Chennai and Mumbai for allegedly evading a dividend distribution tax (DDT), according to a report on Tuesday.
Lyft co-founder: Fatal Uber crash should have been prevented
WASHINGTON (Reuters) - The co-founder of ride hailing company Lyft Inc said on Tuesday a fatal collision in which an Uber Technologies Inc self-driving vehicle struck a pedestrian could have been prevented.
Waymo steps toward a more diverse robo-taxi fleet with Jaguar deal
NEW YORK (Reuters) - Waymo will include up to 20,000 Jaguar I-PACE electric vehicles in its upcoming autonomous fleet as part of a long-term partnership between Alphabet Inc's self-driving unit and Jaguar Land Rover Automotive Plc, the two companies said on Tuesday.
NuTonomy resumes autonomous vehicle testing in Boston: CEO
NEW YORK (Reuters) - Self-driving startup nuTonomy, owned by Aptiv Plc, said on Tuesday it had resumed testing on public roads in Boston after a brief pause sought by the city.
U.S. opens probe into fatal Tesla crash, fire in California
(Reuters) - The U.S. National Transportation Safety Board is opening a field investigation of a fatal Tesla Inc crash and major vehicle fire near Mountain View, California, last week, the agency said on Tuesday.
Apple bid for education market: new software, same iPad price
CHICAGO/SAN FRANCISCO (Reuters) - Apple Inc on Tuesday rolled out a new iPad and classroom software aimed at grabbing more of the U.S. education market, but did not cut the price of its entry-level tablet despite schools flocking to laptops costing a third less.
Facebook's Zuckerberg to testify before U.S. Congress: source
NEW YORK (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg plans to testify before U.S. Congress, a source briefed on the matter said on Tuesday, as he bows to pressure from lawmakers insisting he explain how 50 million users' data ended up in the hands of a political consultancy.
Google to acquire GIF platform Tenor
(Reuters) - Alphabet Inc's Google said on Tuesday it would acquire GIF platform Tenor to help enhance search and sharing of animated images.
FBI sought iPhone order before exhausting options: U.S. inspector general
WASHINGTON (Reuters) - The Federal Bureau of Investigation did not exhaust possible solutions to unlock an iPhone connected to a gunman involved in a late-2015 shooting spree before seeking a court order to compel Apple Inc to help access the device, a U.S. Justice Department internal watchdog said ...
NTSB opens probe into fatal Tesla crash, fire in California
(Reuters) - The U.S. National Transportation Safety Board is opening a field investigation of a fatal Tesla Inc crash and major vehicle fire near Mountain View, California, last week, the agency said in a statement on Tuesday.
Nvidia halts self-driving tests in wake of Uber accident
(Reuters) - Chipmaker Nvidia Corp said on Tuesday it has suspended self-driving tests across the globe, a week after an Uber Technologies Inc [UBER.UL] autonomous vehicle hit and killed a woman crossing the street in Arizona.
Companies clamp down on crypto ads as regulators play catch-up
LONDON (Reuters) - A growing number of internet companies are banning cryptocurrency advertising, fearing reputational damage if their users are duped or left penniless, even as regulators struggle to get to grips with the fast-emerging industry.
Wall Street rethinks blockchain projects as euphoria meets reality
NEW YORK (Reuters) - Wall Street has been much more excited about the system underpinning bitcoin than the cryptocurrency itself, but the global financial industry has not yet been able to do much with the technology known as blockchain.