SoftBank-backed OneWeb to merge with Intelsat
By Irene Klotz and Narottam Medhora(Reuters) - OneWeb Ltd, a U.S. satellite startup backed by Japan's SoftBank Group Corp, and debt-laden satellite operator Intelsat SA agreed to merge in a...
View ArticleUber says thousands of London drivers threatened by English language test
LONDON (Reuters) - Tens of thousands of London private hire drivers could lose their licenses due to new English reading and writing requirements, taxi app Uber [UBER.UL] said on Tuesday at the start...
View ArticleSoundCloud launches budget plan to attract paying subscribers
FRANKFURT (Reuters) - Music-streaming service SoundCloud launched a budget subscription package on Tuesday, hoping to convert more listeners into paying subscribers and undercutting rivals Apple and...
View ArticleXbox unveils $9.99 monthly subscription for videogames
(Reuters) - Microsoft Corp's Xbox division said on Tuesday it would launch a $9.99-per-month subscription service that will allow gamers to play over 100 Xbox One and "backward compatible" Xbox 360...
View ArticleNew FCC chair vows 'light-touch' approach to regulation
By David ShepardsonWASHINGTON (Reuters) - The new Republican head of the U.S. Federal Communications Commission promised "light-touch" regulation of areas such as the internet, a dramatic shift away...
View ArticleApple says it spent $50 billion last year with U.S. suppliers
By Stephen NellisCUPERTINO, Calif. (Reuters) - Apple spent roughly $50 billion last year at U.S.-based suppliers including 3M and Corning , Chief Executive Tim Cook said on Tuesday, stressing the...
View ArticleStarsky Robotics sees 'last mile' solution for driverless trucks
By Paul LienertDETROIT (Reuters) - California-based Starsky Robotics said on Tuesday it has a solution to on- and off-highway deliveries by self-driving trucks, including the "last mile" issue for how...
View ArticleDisruption in Amazon's cloud service ripples through internet
By Jeffrey DastinSAN FRANCISCO (Reuters) - Web users experienced widespread glitches on Tuesday, from news sites to government services, after Amazon.com Inc's popular cloud service that hosts their...
View ArticleNZ's Sky, Vodafone hold off on cancelling purchase contract
WELLINGTON (Reuters) - Sky Network Television will not yet cancel its agreement to buy Vodafone's New Zealand unit after the country's competition regulator rejected the proposal, the firms said.The...
View ArticleLG Electronics to build $250 million home appliance plant in U.S.
(Reuters) - South Korea's LG Electronics Inc said it would spend $250 million to build a new factory in the United States, in a move that comes amid criticism from U.S. President Donald Trump about...
View ArticleYouTube unveils live TV service for cord cutters
By Lisa RichwineLOS ANGELES (Reuters) - Alphabet Inc's YouTube will launch a live TV service featuring U.S. broadcast networks and cable channels to attract young fans of online videos to a pay...
View ArticleSalesforce.com forecasts lower-than-expected Q1 profit; shares fall
By Rishika Sadam and Stephen Nellis(Reuters) - Salesforce.com Inc raised its revenue forecast for its full fiscal year to slightly above analysts expectations but lowered its outlook for its next...
View ArticleAngry Birds-dependent games maker Rovio swings to annual profit
By Jussi RosendahlHELSINKI (Reuters) - Finnish mobile games and animation studio Rovio Entertainment swung to an annual profit in 2016 as its Angry Birds movie release helped boost its game sales and...
View ArticleUber CEO says he must 'grow up' after argument with driver
(Editor's note: Please note language in 6th paragraph that may be offensive to some readers.)SAN FRANCISCO (Reuters) - Uber Technologies Inc Chief Executive Travis Kalanick on Tuesday said it was time...
View ArticleUber's self-driving unit quietly bought firm with tech at heart of Alphabet...
By Alexandria SageSAN FRANCISCO (Reuters) - A company now owned by Uber last year quietly bought a small firm specializing in sensor technology used in autonomous vehicles, giving the ride services...
View ArticleSnapchat owner Snap Inc said to have worked on drone product: NY Times
(Reuters) - Snapchat's owner Snap Inc has worked on a drone that could help users take overhead videos and photographs and then feed that visual data to the company, the New York Times reported on...
View ArticleSnap to price long-awaited IPO on Wednesday amid signs of brisk demand
By Lauren Hirsch(Reuters) - Snap Inc, owner of popular messaging app Snapchat, will price its initial public offering after the U.S. stock market closes on Wednesday in the most eagerly awaited...
View ArticleOfo, Chinese bike-sharing firm, raises $450 million in latest funding round
SHANGHAI/HONG KONG (Reuters) - Chinese bike-sharing start-up ofo said it has raised $450 million in a fresh round of funding, as the firm faces up against deep-pocketed rival Mobike in one of the...
View ArticleWanted: drones to inspect Singapore's underground railway tunnels
SINGAPORE (Reuters) - Singapore is considering using drones and unmanned vehicles to inspect its underground railway tunnels, its transport regulator said on Wednesday, its latest experiment with new...
View ArticleTaiwan's Foxconn says is sincere in its interest in Toshiba chip business
HONG KONG (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, is sincere in its interest in Toshiba Corp's chip business, company founder Terry Gou said on Wednesday.Gou was...
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