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- Tesla deal boosts Chinese presence in U.S. auto tech
Tue, 28 Mar 2017 12:49:44 -0400
DETROIT (Reuters) - China's Tencent Holdings Ltd has bought a 5 percent stake in U.S. electric car maker Tesla Inc for $1.78 billion, the latest investment by a Chinese internet company in the potentially lucrative market for self-driving vehicles and related services.
- Amazon clinches deal to buy Middle East online retailer Souq.com
Tue, 28 Mar 2017 11:42:03 -0400
DUBAI (Reuters) - Souq.com will expand its workforce and operations after Amazon clinched a deal to buy 100 percent of the Middle East online retailer, executives from both firms said.
- With new phone due, Samsung dials down on safety message
Tue, 28 Mar 2017 11:56:47 -0400
SEOUL (Reuters) - After the damaging recall of its fire-prone Note 7 smartphone, you could be forgiven for thinking Samsung Electronics Co Ltd would make a song and dance about battery safety in its new flagship phones, due to be launched in the United States on Wednesday.
- Facebook adds camera features, moving closer to Snapchat
Tue, 28 Mar 2017 10:27:16 -0400
SAN FRANCISCO (Reuters) - Facebook Inc is giving the camera a central place on its smartphone app for the first time, encouraging users to take more pictures and edit them with digital stickers that show the influence of rival Snapchat.
- Black Tesla worker says he faced racist taunts, violent threats
Tue, 28 Mar 2017 13:32:13 -0400
(Reuters) - A black production worker at Tesla Inc has filed a lawsuit claiming his job quickly turned from "a dream come true" to a nightmare when he was subjected to racial epithets and threats of violence from coworkers.
- SEC denies second application to list a Bitcoin product
Tue, 28 Mar 2017 13:23:01 -0400
NEW YORK (Reuters) - The U.S. Securities and Exchange Commission on Tuesday issued an order denying a request by the NYSE Arca exchange to list and trade the SolidX Bitcoin Trust, according to an SEC regulatory filing.
- Twitter to let advertisers buy video ads on Periscope
Tue, 28 Mar 2017 09:12:49 -0400
(Reuters) - Twitter Inc, trying to boost its sagging advertising revenue, will allow brands to buy commercials on its video streams for Periscope, signaling a major push to make money off the live-streaming platform, the company announced on Tuesday morning.
- Fresh funds, acquisition by Industrious give coworking a lift
Tue, 28 Mar 2017 11:05:17 -0400
NEW YORK (Reuters) - Industrious, the second-biggest U.S. coworking firm by number of locations, said on Tuesday it acquired a search website for spare office space and raised $25 million in fresh funds as investors bet the shared-office industry grows and goes mainstream.
- Amazon launches store-pick grocery service in Seattle
Tue, 28 Mar 2017 12:56:32 -0400
(Reuters) - Amazon.com Inc launched AmazonFresh Pickup service from two locations in Seattle, as the online giant attempts to crack into the multi-billion dollar grocery market dominated by retail giants such as Wal-Mart Stores Inc.
- Uber to end services in Denmark after less than three years
Tue, 28 Mar 2017 08:12:13 -0400
COPENHAGEN (Reuters) - Ride-hailing group Uber Technologies [UBER.UL] will withdraw services in Denmark next month due to a taxi law that sets out new requirements for drivers such as mandatory fare meters, the company said on Tuesday.