(Reuters) - Internet groups such as Facebook (FB.O), Google’s YouTube (GOOGL.O) and Twitter (TWTR.N) need to do more to stem the proliferation of extremist content on their platforms, the European Commission said after a meeting on Wednesday. FILE PHOTO - A picture illustration shows a Faceboo...
Some U.S. truckers ask Trump to tap brakes on electronic logs
WASHINGTON (Reuters) - Many independent U.S. truckers are pushing President Donald Trump to back his anti-regulatory rhetoric by delaying an Obama-era rule requiring electronic monitors in trucks, a measure some drivers fear could put them out of business due to extra costs. FILE PHOTO: A transport ...
Google beats class action sex bias claims, for now
(Reuters) - A California state judge has dismissed class action claims accusing Alphabet Inc’s (GOOGL.O) Google of paying female employees less than men and giving them fewer opportunities for promotions. The Google logo is shown reflected on an adjacent office building in Irvine, California, ...
Internet Association asks for U.S. net neutrality vote delay
WASHINGTON (Reuters) - The Internet Association, whose more than 40 members include companies like Google and Amazon, urged the Federal Communications Commission on Wednesday to delay a vote to repeal a 2015 order banning internet providers from blocking or throttling online content. Supporter of Ne...
Amazon Prime Video now available on Apple TV
(Reuters) - Amazon.com Inc and Apple Inc have partnered to bring the Amazon Prime Video app to Apple TV in over 100 countries, the companies said on Wednesday. The Amazon TV button on a remote control is shown in this photo illustration. Picture taken November 10, 2017 REUTERS/Mike Blake The news co...
T-Mobile rolls out buyback plan after Sprint deal talks collapse
(Reuters) - T-Mobile US Inc (TMUS.O) said its board approved the U.S. wireless carrier’s first-ever buyback program, a month after the company and rival Sprint Corp (S.N) ended their deal talks. FILE PHOTO: A T-Mobile logo is advertised on a building sign in Los Angeles, California, U.S., May ...
High tech, high finance and high times for U.S. pot industry
(Reuters) - Two years ago, Alan Gertner was head of Google’s Asia-Pacific sales team in Singapore, handling more than $100 million in business. Pipes are displayed for sale in the cannabis themed cafe chain Tokyo Smoke in Toronto, Ontario, Canada November 29, 2017. Picture taken November 29, 2...
T-Mobile board approves up to $1.5 billion buyback program
(Reuters) - U.S. wireless carrier T-Mobile US Inc (TMUS.O) said on Wednesday its board authorized a buyback program, its first-ever, for up to $1.5 billion of the company’s common stock. FILE PHOTO: A T-Mobile logo is advertised on a building sign in Los Angeles, California, U.S., May 11, 2017...
Farming startup Indigo raises $203 million with help from Dubai fund
SAN FRANCISCO (Reuters) - Farming technology startup Indigo has raised more than $200 million from investors to fund its efforts to reform how crops including wheat, soybeans, cotton and corn are grown around the world. The Boston-based company announced on Wednesday an additional $47 million invest...
Ireland says yet to agree exact date for Apple to start transferring tax funds
DUBLIN (Reuters) - Ireland expects Apple to start paying up to 13 billion euros ($15.36 billion) in back taxes into an escrow account once it is set up at the end of January, but an exact date has yet to be agreed. FILE PHOTO: The Apple logo is pictured inside the newly opened Omotesando Apple store...
U.S. entrepreneur bets on new Silicon Valley in west France
PARIS (Reuters) - When Rob Spiro left San Francisco to settle in France with his wife and kid in 2016, the family chose a mid-sized city on France’s west coast over Paris’ burgeoning start-up scene. Rob Spiro, American entrepreneur and Director of Imagination Machine, poses in Nantes, Fr...
Exclusive: Ford set for China tie-up with Alibaba to test online, direct auto sales - source
BEIJING (Reuters) - Ford Motor Co is expected to sign as early as Thursday a deal with Alibaba Group Holding Ltd which may allow the U.S. automaker to test selling cars to consumers in China through Alibaba’s online retail arm Tmall, as well as via a new “auto vending machine” stor...
Apple's Cook optimistic that apps pulled in China will be back
HONG KONG (Reuters) - Apple Inc is optimistic that some of its popular apps removed from its China App Store this year to comply with government requests will be reinstated, the U.S. tech giant’s Chief Executive Tim Cook said on Wednesday. Tim Cook, CEO of Apple, demonstrates an iPhone followi...
Apple's Cook says he sees China's Tencent as a great partner
HONG KONG (Reuters) - Apple Inc’s chief executive Tim Cook said on Wednesday he sees Tencent Holdings, China’s biggest social network and gaming company, as a great partner and thinks very highly of its founder Pony Ma. Tim Cook, CEO of Apple, demonstrates an iPhone following a launch ev...
Amazon launches subscription-based Prime service in Singapore
SINGAPORE (Reuters) - Amazon.com Inc on Wednesday launched its subscription-based Prime service in Singapore that provides access to fast shipping, streaming and gaming, intensifying competition with incumbent rival Alibaba-backed Lazada in Southeast Asia. FILE PHOTO - The logo of Amazon is seen at ...
Google pulls YouTube from Amazon devices, escalating spat
(Reuters) - A rare public spat in the technology industry escalated on Tuesday when Google said it would block its video streaming application YouTube from two Amazon.com Inc devices and criticized the online retailer for not selling Google hardware. FILE PHOTO - The YouTube app logo is seen on a sm...
Maduro's cryptocurrency to fare no better than Venezuela itself: analysts
CARACAS (Reuters) - Venezuela’s plan to create an oil-backed cryptocurrency faces the same credibility problems that dog the ruling Socialist Party in financial markets and is unlikely to fare any better than the struggling OPEC member itself, investors and technical experts say. Venezuela's P...
New York Stock Exchange owner ICE holds back on crypto-futures
NEW YORK (Reuters) - Intercontinental Exchange Inc (ICE.N) has put a lot of thought into the idea of futures contracts on cryptocurrencies like bitcoin, but has yet to move forward due to the opaque nature of the underlying markets, the New York Stock Exchange owner’s chief executive officer s...
Anti-Skimmer Detector for Skimmer Scammers
Crooks who make and deploy ATM skimmers are constantly engaged in a cat-and-mouse game with financial institutions, which deploy a variety of technological measures designed to defeat skimming devices. The latest innovation aimed at tipping the scales in favor of skimmer thieves is a small, battery ...
Anti-Skimmer Detector for Skimmer Scammers
Crooks who make and deploy ATM skimmers are constantly engaged in a cat-and-mouse game with financial institutions, which deploy a variety of technological measures designed to defeat skimming devices. The latest innovation aimed at tipping the scales in favor of skimmer thieves is a small, battery ...
Maduro's cryptocurrency to fare no better than Venezuela itself
CARACAS (Reuters) - Venezuela’s plan to create an oil-backed cryptocurrency faces the same credibility problems that dog the ruling Socialist Party in financial markets and is unlikely to fare any better than the struggling OPEC member itself, investors and technical experts say. Venezuela's P...
Uber suspends cash payments in Mexico's Puebla after demands from state
MEXICO CITY (Reuters) - Uber Technologies Inc said on Tuesday it will stop accepting cash payments in the central Mexican state of Puebla to comply with demands from authorities, as the ride-hailing company faces a new wave of regulation in Mexico. FILE PHOTO - The Uber logo is seen on mobile teleph...
Xunlei tumbles as cryptocurrency worries swirl
(Reuters) - Shares in Chinese technology company Xunlei Ltd sank 12 percent on Tuesday, taking falls in the stock past 40 percent in two weeks as investors debated whether the company is set to benefit or suffer from a boom in cryptocurrency stock plays. FILE PHOTO - Hard disks are pictured inside a...
Dish co-founder Ergen steps down from CEO role to focus on wireless
(Reuters) - Dish Network Corp (DISH.O) said on Tuesday co-founder Charlie Ergen has stepped down from his chief executive role to devote more time to build out the company’s wireless business. Charlie Ergen attends the Google's annual developers conference in San Francisco, California May 20, ...
Electric charge: Glencore bets big on car battery metals
LONDON (Reuters) - Glencore (GLEN.L) has increased production of the metals used to make electric car batteries faster than its major mining rivals, according to an industry-wide analysis that shows the scale of a strategy that has big prospective risks and rewards. FILE PHOTO: The logo of commoditi...
Alibaba must face renewed lawsuit over IPO: U.S. appeals court
NEW YORK (Reuters) - A U.S. appeals court revived a lawsuit accusing Alibaba Group Holding Ltd of defrauding shareholders by concealing a regulatory warning prior to its initial public offering about its ability to suppress counterfeiting on its websites. FILE PHOTO: A sign of Alibaba Group is seen ...
Dish Network founder steps down from CEO role to focus on wireless
(Reuters) - Dish Network Corp (DISH.O) said on Tuesday Chief Executive Charlie Ergen has stepped down to devote more time to the company’s emerging wireless business. Charlie Ergen attends the Google's annual developers conference in San Francisco, California May 20, 2010. REUTERS/Robert Galbr...
Bitcoin hits new record high of $11,850
LONDON (Reuters) - Bitcoin powered to a record high of $11,850 on Tuesday, continuing its surge from below $1,000 at the start of the year. FILE PHOTO: A logo of Bitcoin is seen on an advertisement of an electronic shop in Tokyo, Japan September 5, 2017. REUTERS/Kim Kyung-Hoon/File Photo The cryptoc...
Exclusive: More Chinese lenders plan to pursue RCom in insolvency court - sources
HONG KONG/MUMBAI/BEIJING (Reuters) - Two major Chinese lenders plan to support a move by China Development Bank to put Indian wireless carrier Reliance Communications (RCom) into insolvency court as they seek to recover about $2 billion in debt, said three people with knowledge of the matter. FILE P...
iPhone market share slips in October-quarter: research firm
(Reuters) - The market share of Apple Inc’s (AAPL.O) iPhone declined in key regions in the three months ended October, hurt by the unavailability of the iPhone X during that time, research firm Kantar Worldpanel ComTech said on Tuesday. A woman looks at the screen of her mobile phone in front ...