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Reuters

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Facebook et al to testify over Russian election meddling

Facebook et al to testify over Russian election meddling

Written by on September 28, 2017 in News with 0 Comments

WASHINGTON (Reuters) – Executives from Facebook, Alphabet Inc’s Google and Twitter have been asked to testify to the U.S. Congress in coming weeks as lawmakers probe Russia’s alleged interference in the 2016 U.S. election, committee sources said on Wednesday. A Senate aide said executives from the three firms had been asked by the Senate Intelligence […]

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US Senators reach deal to ease legislation for self-driving cars

US Senators reach deal to ease legislation for self-driving cars

Written by on September 28, 2017 in News with 0 Comments

WASHINGTON (Reuters) – Two U.S. senators said late on Wednesday that they had reached a bipartisan deal on legislation aimed at easing hurdles to getting self-driving cars to drivers. U.S. Senator John Thune, a Republican who chairs the Commerce Committee, and Senator Gary Peters, a Michigan Democrat, said they had reached a deal on the […]

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James Dyson plans to launch an electric car by 2020

James Dyson plans to launch an electric car by 2020

Written by on September 27, 2017 in News with 0 Comments

LONDON (Reuters) – James Dyson, the billionaire British inventor of the bagless vacuum cleaner, said on Tuesday his company was working on developing an electric car to be launched by 2020. Dyson said he was spending 2 billion pounds ($2.7 billion) to exploit his namesake company’s expertise in solid-state battery technology and electric motors to […]

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FCC finds ‘effective’ competition in US wireless market

FCC finds ‘effective’ competition in US wireless market

Written by on September 27, 2017 in News with 0 Comments

WASHINGTON (Reuters) – A divided Federal Communications Commission on Tuesday approved a report that found for the first time since 2009 there is “effective competition” in the wireless market, a finding that could help Sprint Corp and T-Mobile US Inc to merge. Reuters reported last week that the wireless carriers are close to agreeing on […]

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Russia tells Facebook to use Russian servers or be blocked

Russia tells Facebook to use Russian servers or be blocked

Written by on September 27, 2017 in News with 0 Comments

MOSCOW (Reuters) – Russia will block access to Facebook next year unless the social network complies with a law that requires websites which store the personal data of Russian citizens to do so on Russian servers, Russian news agencies reported on Tuesday. The threat was made by Russia’s communications watchdog Roskomnadzor, agencies said, the organization […]

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Internet giants face huge challenge to remove political ads

Internet giants face huge challenge to remove political ads

Written by on September 26, 2017 in News with 0 Comments

NEW YORK (Reuters) – Facebook Inc and Alphabet Inc’s Google have little choice but to rein in internet political ads in the face of growing U.S. government pressure, a panel of advertising consultants and executives said on Monday. Speaking at a trade conference, the marketers seized on allegations that Russian operatives bought U.S. political ads […]

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Is the technology sector facing a serious stock sell off?

Is the technology sector facing a serious stock sell off?

Written by on September 26, 2017 in News with 0 Comments

SAN FRANCISCO (Reuters) – Technology stocks including Facebook, Microsoft and Alphabet dropped sharply on Monday, increasing worries that the top-performing sector is falling out of favor as investors look elsewhere for cheaper opportunities. Facebook fell 4.6 percent, on track for its worst day in nearly a year and eliminating over $20 billion of its market […]

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Internet giants are moving to compromise on policy issues

Internet giants are moving to compromise on policy issues

Written by on September 25, 2017 in Features, News with 0 Comments

WASHINGTON (Reuters) – Internet giants, including Alphabet’s Google and Facebook, are moving to compromise on several major policy issues as they adjust to an abrupt shift in the political winds in Washington. Just last week, the U.S. Senate took a big step toward advancing legislation that would partially strip away the internet industry’s bedrock legal […]

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Zuckerberg abandons plans for new class of company stock

Zuckerberg abandons plans for new class of company stock

Written by on September 25, 2017 in News with 0 Comments

WILMINGTON, Del. (Reuters) – Facebook Inc Chairman Mark Zuckerberg abandoned plans on Friday to create a new class of company stock with no voting power, which was meant to be a way for Zuckerberg to retain control over the company he founded while fulfilling a pledge to give away his wealth. Zuckerberg on Friday said […]

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Uber gets 500,000 Londoners to sign petition of support

Uber gets 500,000 Londoners to sign petition of support

Written by on September 25, 2017 in News with 0 Comments

SAN FRANCISCO/LONDON (Reuters) – Half a million people have signed an online petition in under 24 hours backing Uber’s bid to stay on the roads of London, showing the company is turning to its tried-and-tested tactic of asking customers for help when it locks horns with regulators. London’s transport authorities stunned the powerful U.S. start-up […]

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