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FRANKFURT (Reuters) – A group of mainly German car makers said on Friday it had formed a joint venture to build out a pan-European network of 400 fast charging stations for electric vehicles by the year 2020. The venture, called IONITY, is backed by BMW AG, Daimler AG, Ford Motor Co and Volkswagen with its […]
LONDON (Reuters) – Digital currency bitcoin took another leap higher on Thursday, rocketing above $7,000 for the first time after a more than tenfold increase in its value over the past year. Bitcoin has seen eye-watering gains in recent months, having more than doubled in value in the past seven weeks alone. It is on […]
WASHINGTON (Reuters) – U.S. lawmakers released a batch of Russian-bought Facebook Inc ads on Wednesday that showcased politically charged content allegedly spread on social media by Moscow ahead of the 2016 U.S. election. Some of the ads criticized candidates, while others sought to organize or promote simultaneous rallies for opposite sides of divisive issues. The […]
SAN FRANCISCO (Reuters) – Alphabet Inc’s Google and Facebook Inc on Wednesday joined a legal challenge by more than 100 tech companies against a decision to end protection for so-called ‘Dreamer’ immigrants, the companies told Reuters. A legal briefing was filed Wednesday afternoon on the Deferred Action for Childhood Arrivals (DACA) program, which protects immigrants […]
WASHINGTON (Reuters) – Former Yahoo Chief Executive Marissa Mayer and the current and former CEOs of Equifax Inc will testify before a U.S. Senate panel on Nov. 8 on two massive data breaches, the committee said Wednesday. Verizon Communications Inc, the largest U.S. wireless operator, acquired most of Yahoo Inc’s assets in June. Yahoo disclosed […]
KUALA LUMPUR/SINGAPORE (Reuters) – Malaysia is investigating an alleged attempt to sell the data of more than 46 million mobile phone subscribers online, in what appears to be one of the largest leaks of customer data in Asia. The massive data breach, believed to affect almost the entire population of Malaysia, was first reported last […]
WASHINGTON (Reuters) – Lawyers from Facebook Inc, Twitter Inc and Alphabet Inc’s Google head before U.S. lawmakers on Tuesday for two days of hearings on how Russia allegedly used their services to try to sway the 2016 U.S. elections. The U.S. Senate’s crime subcommittee will be the first of three congressional committees to hold hearings […]
PARIS/LONDON (Reuters) – Telecoms giant Orange launches its own bank on Thursday, aiming to win 25 percent of France’s online banking market by capitalizing on the rising use of smartphones to steal share from established lenders with inferior technology. The launch is part of a push by the French firm to find alternative revenue streams […]
(Reuters) – The first reviews of Apple Inc’s eagerly awaited iPhone X unanimously judged it the best iPhone yet, although some reviewers pointed out potential glitches in FaceID, the company’s new face recognition system. The run-up to the Nov. 3 release of the redesigned glass and stainless steel device has been dominated by concerns over […]
DETROIT (Reuters) – Wall Street may love the shares of Silicon Valley electric carmaker Tesla Inc, but Americans love big, fuel-thirsty trucks like Ford Motor Co’s bestselling F-Series pickups and are paying ever higher prices to buy them. The auto industry is at a crossroads, with the future of legacy automakers like Ford, General Motors […]
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