Nokia cuts price for OZO virtual reality camera
HELSINKI (Reuters) - Nokia has cut the price of its OZO virtual reality camera by 25 percent from its initial launch price, the Finnish company said on Thursday.Nokia, whose main business is now...
View ArticleAmazon steps up British investment with Tilbury distribution center
LONDON (Reuters) - Online retailer Amazon said it would create 1,500 new jobs in 2017 when it opens a new distribution center in Tilbury, south east England, maintaining its surge of investment in...
View ArticleVolvo and Uber team up to develop self-driving cars
By Alistair ScruttonSTOCKHOLM (Reuters) - Volvo Car Group has agreed a $300 million alliance with Uber to develop self-driving cars, the latest move by traditional vehicle manufacturers to team up with...
View ArticleSale of $2.5 billion Vimpelcom stake still in planning stage: Telenor CEO
By Joachim DagenborgARENDAL, Norway (Reuters) - Nearly a year after mobile operator Telenor announced it would sell its $2.5-billion stake in Vimpelcom , it is still planning how it will go about it,...
View ArticleU.S. Federal Reserve launches Facebook page
WASHINGTON (Reuters) - The Federal Reserve said it was launching a Facebook page on Thursday, part of an effort to reach out directly to a general public.Facebook users will now have a chance to "like"...
View ArticleU.S.-Israeli mobile repair start-up CellSavers raises $15 million
TEL AVIV (Reuters) - U.S.-Israeli start-up CellSavers, whose technology matches consumers with broken mobile devices and technicians, said on Thursday it raised $15 million in financing led by Carmel...
View ArticleTwitter suspended 360,000 accounts for 'promotion of terrorism' in a year
(Reuters) - Twitter Inc said it had shut down 360,000 accounts related to "promotion of terrorism" since the middle of 2015, the company said in a blog post on Thursday.The microblogging platform said...
View ArticleUber buys self-driving truck startup Otto; teams up with Volvo
(Reuters) - Ride service Uber Technologies Inc said on Thursday it has acquired the self-driving trucks startup Otto, and it also announced that Volvo Car Group has agreed to a $300 million alliance to...
View ArticleGawker.com to shut down next week
(Reuters) - U.S. internet publisher Gawker Media Group said on Thursday that it would shut down Gawker.com next week, ending the online news and gossip website's 14-year run. The decision comes two...
View ArticleArtificial intelligence can find, map poverty, researchers say
By Umberto BacchiLONDON (Thomson Reuters Foundation) - A new technique using artificial intelligence to read satellite images could aid efforts to eradicate global poverty by indicating where help is...
View ArticleT-Mobile, Sprint roll out revamped unlimited data plans
By Malathi NayakNEW YORK (Reuters) - Wireless providers T-Mobile US Inc and Sprint Corp on Thursday introduced revamped plans that offer unlimited data, as wireless carriers step up efforts to woo...
View ArticleU.S. judge rejects Uber's driver expenses settlement
By Dan Levine and Heather SomervilleSAN FRANCISCO (Reuters) - A U.S. judge on Thursday rejected an attempt by Uber Technologies Inc to settle a class action lawsuit with drivers who claimed they were...
View ArticleEddie Bauer says malware used to access payment card data
(Reuters) - Retailer Eddie Bauer LLC said on Thursday customers' payment card information used at its stores may have been accessed by unauthorized parties.A malware was used to access the data at its...
View ArticleViacom and controlling shareholder Sumner Redstone agree on settlement: sources
By Jessica ToonkelNEW YORK (Reuters) - - Viacom Inc and controlling shareholder Sumner Redstone have come to an agreement on terms of a settlement that would result in the departure of Chief Executive...
View ArticleApplied Materials forecast beats on chip, display demand
(Reuters) - Applied Materials Inc forecast current-quarter revenue and profit far above analysts' estimates as the company benefits from demand for newer technology to make displays and smartphone...
View ArticleSquare posts job openings signaling European expansion
By Heather SomervilleSAN FRANCISCO (Reuters) - U.S. mobile payments company Square Inc posted three new job openings in Europe on Thursday, signaling it is moving closer to ramping up operations in the...
View ArticleU.S. extends ZTE reprieve on alleged Iran sanctions violations
HONG KONG (Reuters) - Chinese smartphone maker ZTE Corp <000063.SZ><0763.HK> said it has won a further reprieve to Nov. 28 on tough export restrictions that were imposed on the company by...
View ArticleAustralia denies banks interim approval to jointly negotiate with Apple on...
By Matt SiegelSYDNEY (Reuters) - Australia's anti-trust regulator on Friday said it would not grant the country's three biggest banks interim approval to collectively negotiate with Apple Inc to...
View ArticlePokemon Go spurs lifestyle changes, business boom as it rolls out in Asia
By Eveline Danubrata and Glenys KiranaJAKARTA (Reuters) - Asian fans of smartphone game Pokemon Go are hunting out the best telecom providers and network gear to overcome the hurdle posed by patchy...
View ArticleTaiwan asks Uber to pay bill in sales tax stand-off
TAIPEI (Reuters) - Taiwan has asked Uber Technologies to pay a sales tax bill estimated by local media to be up to about $6.4 million, the government said on Friday, as a decision looms on whether the...
View Article