Reuters : Technology (70)

Amazon working on 'smart glasses' as its first wearable device: FT

- Amazon.com Inc is working on its first wearable device - a pair of 'smart glasses', the Financial Times reported on Wednesday.

ABB to deliver 117 electric vehicle charging stations for German motorways

ZURICH - ABB will deliver 117 electric vehicle charging stations to German utility EnBW, the Swiss engineering company said on Wednesday.

Alibaba-backed Best Inc cuts expected IPO price range

- Alibaba Group-backed logistics company Best Inc on Tuesday slashed the expected price range of its U.S. initial public offering, one day before its market debut, suggesting tepid investor enthusiasm.

Twitter reports progress on weeding out users advocating violence

BRUSSELS - Twitter Inc said that its internal controls were allowing it to weed out accounts being used for "promotion of terrorism" earlier rather than responding to government requests to close them down.

Nokia's French jobs cut plan suspended until October 2: French minister

PARIS - Nokia's plan to cut almost 600 jobs in France is suspended until Oct. 2, French junior economy minister Benjamin Griveaux said on Tuesday after meeting the head of the Finnish telecom equipment maker's French unit.

Salesforce to launch $50 million artificial intelligence fund

SAN FRANCISCO - The venture wing of Salesforce.com Inc is launching a $50 million fund to invest in start-ups employing artificial intelligence, the cloud computing firm told Reuters on Tuesday.

Bosch partners with startup Nikola on electric long-haul truck

DETROIT - Bosch, the German auto components supplier, is partnering with startup Nikola Motor Co to bring two hydrogen-electric, long-haul, heavy-duty truck models to market by 2021, the companies said on Tuesday.

Exclusive: U.S. defense firms want control over tech in Make-in-India plan

NEW DELHI - U.S. defense firms offering to set up production lines in India to win deals worth billions of dollars want stronger assurances they won't have to part with proprietary technology, according to a business lobby group's letter to India's defense minister.

App Annie's new product offers insight into consumer trends in China

FRANKFURT - The pioneer of mobile app analytics, App Annie, on Tuesday said it has begun tracking Android app usage in China, a landmark for understanding consumer behavior in the world's top smartphone market, which increasingly sets the pace for global trends.

Swiss shut down 'fake' E-Coin in latest cryptocurrency crackdown

ZURICH - Switzerland's financial watchdog has closed down what it said was the provider of a fake cryptocurrency and is investigating around a dozen other possible fraud cases, in the latest clamp-down on the risks involving virtual money.

Exclusive: Google offers to treat rivals equally via auction - sources

BRUSSELS - Google has offered to display rival comparison shopping sites via an auction, as it aims to stave off further EU antitrust fines, four people familiar with the matter said.

U.S. Senate votes to ban Kaspersky Lab software from government networks

WASHINGTON - The U.S. Senate on Monday voted to ban Moscow-based cyber security firm Kaspersky Lab's products from use by the federal government, citing concerns the company may be a pawn of the Kremlin and poses a national security risk.

Sprint follows AT&T with free iPhone 8 offer for trade-in

- Sprint Corp said on Monday it will offer Apple Inc's new iPhone 8 for free with a qualifying phone trade-in, following AT&T Inc's buy one, get one free promotion on Friday for DirecTV and U-verse TV customers.

JPMorgan handles bitcoin-related trades for clients despite CEO warning

NEW YORK - JPMorgan Chase & Co has been routing customer orders for bitcoin-related instruments, a spokesman said on Monday, despite the bank's chief executive's calling the crypto currency "a fraud."

Tencent, Guangzhou Auto agree to collaborate on internet-connected cars

HONG KONG - China's Tencent Holdings and Guangzhou Automobile Group Company Ltd have agreed to collaborate on internet-connected cars - a strategic pact that sent shares in Guangzhou Auto surging.

Hackers compromised free CCleaner software, Avast's Piriform says

SAN FRANCISCO - Hackers broke into British company Piriform Ltd's free software that optimizes computer performance last month, potentially allowing them to control the devices of millions of users, the company and independent researchers said on Monday.

Intel collaborates with Waymo on self-driving computer design

SAN FRANCISCO - Intel Corp on Monday announced a collaboration with Alphabet's Waymo self-driving unit, saying it had worked with the company during the design of its computer platform to allow autonomous cars to process information in real time.

New York governor says Equifax, other credit reporting companies must register with state

WASHINGTON - New York Governor Andrew Cuomo said in a statement on Monday that all credit reporting agencies must register with the state and comply with its cyber security rules.

Uber faces big jump in fees if London license is renewed

LONDON - Uber will face a big jump in the fee it pays to operate in London to 2.9 million pounds if the ride hailing company is granted a new license by the city's transport authority.

Exclusive: Google offers to display rival sites via auction - sources

BRUSSELS - Alphabet unit Google has offered to display rival shopping comparison sites via an auction in order to comply with an EU antitrust order to stop favoring its own shopping service, four people familiar with the matter said on Monday.

Hackers compromised free CCleaner software, Avast's Piriform says

SAN FRANCISCO - Hackers broke into British company Piriform's free software for optimizing computer performance last month potentially allowing them to control the devices of more than two million users, the company and independent researchers said on Monday.

Google launches digital payments service in India

NEW DELHI - Alphabet Inc's Google on Monday launched a localized payments app for India as it tries to gain a foothold in the country's rapidly-growing digital payments space.

Audi takes lead in automated driving, but others wary to follow

FRANKFURT - German carmaker Audi is taking a lead in bringing more automated driving to roads, but rivals seem in no rush to follow while legal and regulatory uncertainties still cloud the technology.

Hackers compromised CCleaner free software, Avast's Piriform says

SAN FRANCISCO - Hackers broke into British company Piriform's free software for optimizing computer performance last month and installed tools that could have allowed them to take control of tens of millions of devices, the company and independent researchers said on Monday.

Nokia says to get sales boost after patent ruling

HELSINKI - Nokia will start to book additional revenue from the current quarter after a ruling by an arbitration court on payments from South Korea's LG Electronics for using its smartphone patents.

Snap says removes Al Jazeera's Discover Publisher channel in Saudi Arabia

NEW YORK - Snap Inc has been asked by the Saudi Arabia government to remove the Al Jazeera Discover Publisher Channel in that country because it violated local laws, the social media company said on Sunday.

Too soon to determine risks of central bank-issued cryptocurrencies: BIS

LONDON - It is too soon to determine whether central banks should issue their own cryptocurrencies, the Bank for International Settlements said on Sunday, as the risks could not yet be fully assessed and the technology underpinning them is still unproven.

Waymo seeks delay in self-driving trade secret trial against Uber

SAN FRANCISCO - Alphabet's Waymo self-driving car unit said critical new evidence it recently obtained in a trade secret lawsuit against Uber means a U.S. judge should postpone a trial of the case set to begin next month.

Amazon to test one-hour catwalk-to-doorstep deliveries at Nicopanda show

LONDON - Online retailer Amazon aims to take the "see now, buy now" model of making clothes seen in catwalk shows quickly available to consumers to a new level, offering one-hour delivery on items shown in a fashion show on Saturday night to customers in London.

Equifax two top technology executives leave company 'effective immediately'

WASHINGTON - Equifax said on Friday that it made changes in its top management as part of its review of a massive data breach, with two technology and security executives leaving the company "effective immediately."

EU-U.S. data pact faces first major test of credibility

BRUSSELS - A pact underpinning billions of dollars of transatlantic data transfers will undergo its first annual review on Monday, with Europe seeking to ensure Washington has lived up to its promises to protect the data of European citizens stored on U.S. servers.

Trump move to block chipmaker deal bad for America - Xinhua

SHANGHAI - U.S. President Donald Trump's decision to block a Chinese-backed firm from buying a U.S.-based chipmaker this week is detrimental to America's growth and the global economy, China's state news agency Xinhua said in a commentary on Saturday.

Equifax's information, security heads to retire immediately: CNBC, citing DJ

- Credit score company Equifax Inc's chief information officer and chief security officer will retire effective immediately, CNBC said on Friday, citing Dow Jones.

GM's Cruise aims to open self-driving tests to public; timing unclear

SAN FRANCISCO - General Motors Co's self-driving unit, Cruise Automation, is working to open an internal ride-hailing service to people outside the company, aiming to join a small group of autonomous vehicle developers testing their technology with the public.

Beijing cryptocurrency exchanges told to announce trading halt: source

SHANGHAI - Chinese authorities have ordered Beijing-based cryptocurrency exchanges to stop trading and immediately notify users of their closure, signaling a widening crackdown by authorities on the industry to contain financial risks.

U.S. push for self-driving law exposes regulatory divide

NEW YORK - As the U.S. Congress moves quickly to pass the first federal law governing self-driving cars, some state and city officials are pushing back over fears that the measure will limit their ability to regulate vehicle safety at the local level.

Google disables offensive ad keywords found by BuzzFeed

- Alphabet Inc's Google said it had disabled a "majority" of the offensive keywords that BuzzFeed found could be used by advertisers to target people searching for racist and anti-Semitic topics.

Facebook hires AI expert, launches lab in Canada's Montreal

TORONTO - Facebook Inc has hired artificial intelligence academic Joelle Pineau to head its new research lab in Montreal, the Silicon Valley social media company said on Friday.

SoFi CEO Cagney to step down immediately

- Online lender Social Finance, which is currently investigating claims of sexual harassment by employees, said on Friday its chief executive, Mike Cagney resigned, effectively immediately.

Rolls fixes Airbus A350-1000 engine glitch after test delay

PARIS - Airbus is set to start long-distance trials for its newest passenger plane after engine maker Rolls-Royce fixed a problem that had disrupted flight testing, the companies said on Friday.

Beijing cryptocurrency exchanges told to announce trading halt: source

SHANGHAI - Chinese authorities have ordered Beijing-based cryptocurrency exchanges to cease trading and immediately notify users of their closure, signaling a widening crackdown by authorities on the industry to contain financial risks.

Praesidium cuts stake in Progress Software, seeks board seats

- Activist investor Praesidium Investment Management on Friday cut its stake in Progress Software Corp and urged the company's chairman of the board, Jack Egan, to resign.

Beijing crypto-currency exchanges told to announce trading stop by Friday: Securities Times

SHANGHAI - Chinese authorities have ordered Beijing-based crypto-currency exchanges to cease trading and to tell users by Friday about when trading will end, the Securities Times newspaper reported citing industry sources and a government notice.

BMW says car keys may be replaced by mobile phone apps

FRANKFURT - BMW is reviewing the necessity of car keys, Ian Robertson, the company's board member responsible for sales told Reuters.

Angry Birds maker Rovio moves forward with $1 billion IPO

HELSINKI - Finnish mobile games maker Rovio Entertainment Ltd set a price range on Friday for its planned listing that would value the maker of "Angry Birds" at up to $1.1 billion, well below potential values cited in media reports.

EU to set out options for heftier online giant tax bills: Moscovici

TALLINN - The European Commission will prepare in the coming days a list of legal options on how to make digital multinationals, like Google and Facebook, pay more tax, the commissioner responsible for taxation said on Friday.

China body calls digital tokens risky, two bitcoin platforms to shut

SHANGHAI - A senior executive at China's state-backed internet finance body said on Friday "stateless" digital tokens such as bitcoin posed risks as they could be used for illegal actions, and rules are needed to support the development of "legal" digital currencies.

Angry Birds maker Rovio sets price range for $1 billion IPO

HELSINKI - Finnish mobile games and animation studio Rovio Entertainment Ltd on Friday set the initial price range for its planned IPO which would value the company at around 1 billion dollars.

Alphabet talks with Lyft about possible investment: source

SAN FRANCISCO - Alphabet Inc is in discussions with Lyft Inc about a possible investment in the ride-hailing company, potentially deepening an existing partnership between the two firms, a person familiar with the talks said on Thursday.

U.S. election agency seeks comment after Facebook cites Russian ads

- The U.S. Federal Election Commission voted on Thursday to seek public comment on possible regulatory changes after Facebook Inc said that Russians bought ads on the No. 1 social network during the U.S. presidential campaign.