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Reuters

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The social networking phenomenon Nextdoor expands in Europe

The social networking phenomenon Nextdoor expands in Europe

Written by on June 20, 2017 in News with 0 Comments

LOS GATOS, Calif. (Reuters) – U.S. local social networking phenomenon Nextdoor is entering Germany, Europe’s largest market, the company said on Monday, following expansion moves last year into Britain and the Netherlands, where it has grown rapidly. San Francisco-based Nextdoor launched in 2011 and now covers more than 144,000 discrete U.S. neighborhoods, or roughly three-quarters […]

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Orange plans to dramatically reduce stake in BT

Orange plans to dramatically reduce stake in BT

Written by on June 20, 2017 in News with 0 Comments

PARIS (Reuters) – French telecoms company Orange plans to reduce its stake in British rival BT Group from 4 percent to as little as 1.33 percent, it said on Monday. Shares in BT, Britain’s biggest telecoms operator, have underperformed those of its European peers of late, falling by about 21 percent since the start of […]

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Robots are getting softer, smaller and much more agile

Robots are getting softer, smaller and much more agile

Written by on June 19, 2017 in Features with 0 Comments

SINGAPORE (Reuters) – Robots are getting softer. Borrowing from nature, some machines now have arms that curl and grip like an octopus, others wriggle their way inside an airplane engine or forage underwater to create their own energy. This is technology that challenges how we think of, and interact with, the robots of the not-too-distant […]

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Apple grabs Sony Pictures executives to dive deeper into content

Apple grabs Sony Pictures executives to dive deeper into content

Written by on June 19, 2017 in News with 0 Comments

LOS ANGELES (Reuters) – Apple Inc has hired two long-time Sony Pictures Television executives to expand the iPhone maker’s push into original television programming, plunging deeper into a field crowded by Hollywood studios and online streaming services. Jamie Erlicht and Zack Van Amburg, responsible for hit shows such as “Breaking Bad,” “Better Call Saul” and […]

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Amazon to buy Whole Foods Market: food, retail shares hit

Amazon to buy Whole Foods Market: food, retail shares hit

Written by on June 19, 2017 in News with 0 Comments

CHICAGO/NEW YORK (Reuters) – Amazon.com Inc’s proposed purchase of high-end food retailer Whole Foods Market Inc for $13.7 billion hammered share prices of food and retail companies on Friday as the proven retail disruptor stepped boldly into another consumer space. The deal, which not only helps Amazon make deeper inroads into the grocery sector but […]

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Tech stocks lose huge value but main index not too bothered

Tech stocks lose huge value but main index not too bothered

Written by on June 16, 2017 in Features, News with 0 Comments

NEW YORK (Reuters) – The five largest U.S. technology companies may have lost enough market capitalization over the past week to buy plane maker Boeing, but the benchmark S&P 500 stock index ┬áhas managed to remain within a stone’s throw of its record high. Apple, Alphabet, Microsoft, Amazon and Facebook, the five largest U.S. technology […]

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Individual states may not be able to set own self-driving rules

Individual states may not be able to set own self-driving rules

Written by on June 16, 2017 in News with 0 Comments

WASHINGTON (Reuters) – California and other states would be barred from setting their own rules governing design and testing of self-driving cars, while federal regulators would be blocked from demanding pre-market approval for autonomous vehicle technology, according to a U.S. House Republican proposal reviewed by Reuters on Thursday. The draft legislation, while far from becoming […]

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Facebook offers insights into how it will remove terrorism content

Facebook offers insights into how it will remove terrorism content

Written by on June 16, 2017 in News with 0 Comments

(Reuters) – Facebook Inc on Thursday offered additional insight on its efforts to remove terrorism content, a response to political pressure in Europe to militant groups using the social network for propaganda and recruiting. Facebook has ramped up use of artificial intelligence such as image matching and language understanding to identify and remove content quickly, […]

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Google invests in biotech, sees a future in life changing drugs

Google invests in biotech, sees a future in life changing drugs

Written by on June 15, 2017 in News with 0 Comments

LONDON (Reuters) – Google is betting on the potential of European biotech companies to deliver life-changing drugs by investing alongside Swiss company Novartis in a new $300 million fund run by leading life sciences investment firm Medicxi. The move shows Google casting an increasingly wide net as it pumps cash into global medical research, seeding […]

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The end of roaming may mean higher phone bills at home

The end of roaming may mean higher phone bills at home

Written by on June 15, 2017 in News with 0 Comments

BRUSSELS (Reuters) – Roaming charges for using mobile phones when traveling within the European Union disappear on Thursday, capping a decade-long battle by Brussels to show increasingly skeptical Europeans it can make their lives better. Yet for all the excitement it is generating within European Union institutions, opt-outs secured by major telecoms firms and member […]

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