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- Tesla secures Shanghai site for $2 billion China Gigafactory
Wed, 17 Oct 2018 15:58:24 -0400
Tesla Inc has signed an agreement with the Shanghai government for an 860,000 square meter plot of land to build its first overseas Gigafactory, the electric carmaker said in a Chinese social media post on Wednesday.
- Facebook shareholders back proposal to remove Zuckerberg as chairman
Wed, 17 Oct 2018 15:23:35 -0400
Several public funds that hold shares in Facebook Inc on Wednesday backed a proposal to remove Chief Executive Officer Mark Zuckerberg as chairman, saying the social media giant mishandled several high-profile scandals.
- Uber enters trailer leasing business
Wed, 17 Oct 2018 14:33:54 -0400
Uber Technologies Inc [UBER.UL] said on Wednesday it is entering the trailer leasing business.
- Exclusive: Amazon zooms in on central Mexico for large new warehouse
Wed, 17 Oct 2018 13:22:17 -0400
Amazon.com Inc is scouting for land in central Mexico for a fourth distribution center in the country, sources said, aiming at a bigger slice of the burgeoning e-commerce market in Latin America's second-largest economy.
- Google to charge smartphone makers for Google Play in Europe
Wed, 17 Oct 2018 13:17:55 -0400
Alphabet Inc's Google on Tuesday revamped how it distributes its mobile apps in the European Union, introducing a licensing fee for device makers to access its app marketplace in a response to regulators' findings that it had broken antitrust law.
- IT repairman seeks home for Apple collection, possibly world's largest
Wed, 17 Oct 2018 11:23:11 -0400
An Austrian computer repairman has amassed what he believes could be the world's biggest collection of old Apple computers, but it might all soon be destroyed unless someone can take it off his hands.
- Apple gives U.S. users tool to see what data it has collected
Wed, 17 Oct 2018 11:14:14 -0400
Apple Inc on Wednesday rolled out an online tool to users in the United States and several other countries to download, change or delete all the data that the iPhone maker has collected on them.
- OnDeck launches new subsidiary to partner with banks
Wed, 17 Oct 2018 10:13:01 -0400
OnDeck Capital Inc has set up a subsidiary that will provide technology and other services to banks looking to lend to small businesses online, it said on Tuesday.
- Industry group plans blockchain tool to track firms' sustainability commitments
Wed, 17 Oct 2018 09:56:24 -0400
A responsible investment non-profit organisation said on Wednesday it aims to develop a blockchain tool to track companies' sustainable commitments, to help identify those not keeping up with their ethical credentials.
- Fintech making inroads, but U.S. bank revenues little changed: report
Wed, 17 Oct 2018 09:50:16 -0400
Financial technology startups and other new entrants are making inroads in the U.S. banking market, but have yet to capture a threatening share of bank revenues, according to research published by Accenture Plc on Wednesday.
- SAP vows to ease cloud transition; German customers less keen
Wed, 17 Oct 2018 09:01:16 -0400
Software company SAP SE said it plans to offer more support to help reluctant clients shift to its latest cloud-based business suite, a transition crucial for its future profitability.
- Exclusive: Russian high tech project flounders after U.S. sanctions
Wed, 17 Oct 2018 07:41:00 -0400
U.S. sanctions targeting Russia's nascent high tech industry have caused a Russian microchip company significant financial woes and delayed the launch of an initiative meant to produce substitutes for Western products, the firm's owner said.
- Hackers accused of ties to Russia hit three East European companies: cybersecurity firm
Wed, 17 Oct 2018 07:05:40 -0400
Hackers have infected three energy and transport companies in Ukraine and Poland with sophisticated new malware and may be planning destructive cyber attacks, a software security firm said on Wednesday.
- Uber extends safety features to passengers, drivers in Europe, Middle East
Wed, 17 Oct 2018 05:46:30 -0400
Uber Technologies Inc [UBER.UL] is to connect passengers and drivers directly to emergency services in Europe, the Middle East, and Africa as part of a wider rollout of largely existing safety features over the next few weeks.
- Philippine watchdog fines Grab, Uber for rushed merger, drop in service quality
Wed, 17 Oct 2018 05:15:34 -0400
The Philippines' competition watchdog fined ride-hailing firms Grab and Uber Technologies on Wednesday, saying they consummated their merger too soon and that the quality of service dipped, becoming the second regulator in the region to penalize them.
- ASML's bullish outlook pulls computer chip stocks higher
Wed, 17 Oct 2018 04:43:47 -0400
Semiconductor industry bellwether ASML Holding NV's better-than-expected third quarter results and bullish outlook gave sector stocks a boost on Wednesday after fears of slackening demand had dragged them down in recent months.
- Search engine Baidu becomes first China firm to join U.S. AI ethics group
Wed, 17 Oct 2018 01:47:04 -0400
Chinese search engine Baidu Inc has become the first Chinese company to join an artificial intelligence (AI) ethics group led by top U.S. tech firms, amid wider political clashes over AI competition between China and the United States.
- Uber considers minority investors for self-driving car unit: FT
Wed, 17 Oct 2018 01:17:36 -0400
Uber Technologies Inc [UBER.UL] is considering selling minority stakes in its costly self-driving car unit as the ride-hailing company tries to address rising cost pressures ahead of its initial public offering, the Financial Times reported on Wednesday.
- Samsung Electronics buys network analysis firm Zhilabs in 5G push
Wed, 17 Oct 2018 00:02:06 -0400
Samsung Electronics Co Ltd said on Wednesday it has bought Barcelona-based network data analysis firm Zhilabs, as the South Korean giant gears up to launch products for connected devices and 5G mobile services that require fast data crunching.
- YouTube back up after widespread outage
Tue, 16 Oct 2018 23:49:58 -0400
Google-owned YouTube said https://bit.ly/2QYd3RB on Tuesday a widespread issue with some of its services has been resolved, almost two hours after several people took to social media to complain about broadcasting issues.