WASHINGTON (Reuters) – A Tesla Inc Model S involved in a May 8 fatal high-speed crash in Florida reignited twice after firefighters extinguished a fire in the electric vehicle, the National Transportation Safety Board (NTSB) said in a preliminary report on Tuesday. The report said the vehicle was traveling 116 miles (187 km) per hour
LONDON (Reuters) – Uber [UBER.UL] will hear on Tuesday whether it has succeeded in its bid to avoid a ban in London, in a test of claims by new management that it has changed its culture after years of strained relations with the city’s transport regulator. A photo illustration shows the Uber app and a
MELBOURNE/SYDNEY (Reuters) – Chinese telecommunications equipment maker Huawei Technologies Co Ltd [HWT.UL] is the biggest corporate sponsor of overseas travel for Australian politicians, according to an analysis of travel disclosure registers by an Australian think-tank. FILE PHOTO: The Huawei logo is seen during the Mobile World Congress in Barcelona, Spain, February 26, 2018. REUTERS/Yves Herman
(Reuters) – Xerox Corp said on Monday it would start sourcing products from new vendors to lower its dependency on Fujifilm Holdings Corp and may not renew its technology agreement with the 56-year-old joint venture Fuji Xerox. FILE PHOTO: The Fuji Xerox logo is seen on a photocopier in this illustration photo January 19, 2018.
HANGZHOU, China (Reuters) – Growing up in the Chinese port city of Dalian in the 1990s, Zhang Hongchang spent hours immersed in Japanese cartoons like Dragon Ball and Naruto. People walk past a booth of NetEase Comics at the China International Cartoon and Game (CCG) Expo in Shanghai, China July 6, 2017. REUTERS/Stringer China’s home-grown
HONG KONG (Reuters) – Chinese smartphone maker Xiaomi Corp (IPO-XMGP.HK) said on Saturday there is no time frame for a mainland share offering, casting doubt on Beijing’s efforts to lure foreign-listed Chinese tech giants back home. Xiaomi’s Founder, Chairman and CEO Lei Jun attends a news conference in Hong Kong, China June 23, 2018. REUTERS/Bobby
(Reuters) – ZTE Corp (000063.SZ) is expected to deposit $400 million in an escrow account in a U.S. bank in the “next couple of days,” the last step the Chinese company must take before a ban on U.S. suppliers can be lifted, a U.S. Department of Commerce official told Reuters on Friday. FILE PHOTO: The
NEW YORK (Reuters) – Bitfinex Chief Strategy Officer Phil Potter is leaving the cryptocurrency trading platform, the executive and the exchange told Reuters on Friday. FILE PHOTO: Photo illustration of Bitfinex cryptocurrency exchange website taken September 27, 2017. REUTERS/Dado Ruvic/Illustration Potter will be replaced in the interim by Chief Executive JL van der Velde, the
SAN FRANCISCO/WASHINGTON (Reuters) – The safety driver behind the wheel of a self-driving Uber car in Tempe, Arizona, was streaming a television show on her phone until about the time of a fatal crash, according to a police report that deemed the March 18 incident “entirely avoidable.” A report by the Tempe Police Department said
TAIPEI (Reuters) – Foxconn (2317.TW), the world’s largest electronics contract manufacturer, on Friday said the U.S. and Chinese governments are engaged in a technology war, not a trade war, describing the spat as the biggest challenge the Taiwanese company is facing. FILE PHOTO: The logo of Foxconn, the trading name of Hon Hai Precision Industry,
(Reuters) – Intel Corp (INTC.O) Chief Executive Brian Krzanich resigned on Thursday after a company probe revealed that a consensual relationship he had with an employee violated company policy. FILE PHOTO – Brian Krzanich, Intel CEO, holds up Intel’s newest drone, the Shooting Star Mini as he speaks at the Intel Keynote address at CES
TOKYO (Reuters) – Around a quarter of Japanese businesses have made progress on meeting some of the easier requirements under Europe’s new data privacy regulations while about another 20 percent plan to do so, a Reuters poll found. But the number of companies who say they are currently equipped to deal with more onerous rules,
BRUSSELS (Reuters) – Google (GOOGL.O), Facebook (FB.O), Microsoft (MSFT.O) and other tech giants could face more curbs on their market power after a European Parliament committee voted in favor of tougher copyright rules on Wednesday. The logo of Google is pictured during the Viva Tech start-up and technology summit in Paris, France, May 25, 2018.
NEW YORK (Reuters) – Chipmaker Mellanox Technologies Ltd struck a settlement with activist investor Starboard Value LP to appoint new board members and name a director if the company fails to meet certain operating goals. FILE PHOTO: The logo of Mellanox Technologies is seen at the company’s headquarters in Yokneam, in northern Israel July 26,
TOKYO (Reuters) – Flea market app operator Mercari Inc’s shares surged 77 percent in their Tokyo stock market debut on Tuesday, underscoring strong investor appetite for a rare Japanese unicorn bent on U.S. expansion. Mercari Inc. CEO Shintaro Yamada rings a bell during a ceremony to mark the company’s debut on the Tokyo Stock Exchange
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday agreed to take up Apple Inc’s bid to escape a lawsuit accusing it of breaking federal antitrust laws by monopolizing the market for iPhone software applications and causing consumers to pay more than they should. The justices said they would hear Apple’s appeal of a lower