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Sunday, July 31, 2016

Uber to combine China business with Didi Chuxing in $35 billion merger: Bloomberg

(Reuters) - Ride-hailing service Uber Technologies Inc would merge its China business with rival Didi Chuxing, valuing the combined company at $35 billion, Bloomberg reported, citing people familiar with the matter.


from Reuters: Technology News http://ift.tt/2aVhrwA

Uber to invest $500 million in global mapping project: FT

NEW YORK (Reuters) - Ride-hailing service Uber [UBER.UL] has decided to invest $500 million into an ambitious global mapping project to wean itself off dependence on Google Maps and pave the way for driverless cars, the Financial Times reported on Sunday.


from Reuters: Technology News http://ift.tt/2amSpot

Friday, July 29, 2016

U.S. Judge denies Uber motion to compel arbitration in surge-pricing lawsuit

SAN FRANCISCO (Reuters) - A federal judge on Friday denied a motion by Uber Technologies Inc [UBER.UL] to compel arbitration in a passenger lawsuit over so-called surge pricing brought against the ride-hailing company's chief executive.


from Reuters: Technology News http://ift.tt/2axpRLE

Exclusive: Clinton campaign also hacked in attacks on Democrats - sources

WASHINGTON/SAN FRANCISCO (Reuters) - The computer network used by Democratic presidential candidate Hillary Clinton’s campaign was hacked as part of a broad cyber attack on Democratic political organizations, people familiar with the matter told Reuters.


from Reuters: Technology News http://ift.tt/2afZRUb

Russia has motive, capability and form for U.S. email hack

MOSCOW (Reuters) - The Kremlin says it had zero involvement in the hacking of Democratic Party emails while U.S. officials say the hack originated in Russia. We may never know who is right, but one thing is for sure - Russia had motive, capability and form.


from Reuters: Technology News http://ift.tt/2aavxc7

Private equity firms focused on Hewlett Packard asset sales: sources

(Reuters) - Buyout firms are focused on acquiring some software assets that Hewlett Packard Enterprise Co (HPE) has been considering divesting, worth between $6 billion and $8 billion, rather than the entire company, people familiar with the matter said on Friday.


from Reuters: Technology News http://ift.tt/2akfA5Q

Tesla mulling two theories to explain 'Autopilot' crash: source

(Reuters) - Tesla Motors Inc told U.S. Senate Commerce Committee staff it is considering two theories that may explain what led to the May 7 fatal crash that killed a Florida man who was using car's "Autopilot" system, a person familiar with the meeting told Reuters on Friday.


from Reuters: Technology News http://ift.tt/2ai24h4

Tesla crash does little to sway public opinion on self-driving cars

DETROIT (Reuters) - Consumers are more aware of self-driving cars, but slightly less interested in riding in them, according to two surveys conducted after a fatal crash of a Tesla equipped with self-driving technology.


from Reuters: Technology News http://ift.tt/2ajTkJB

Apple says Supreme Court should rule against Samsung over patents

SAN FRANCISCO (Reuters) - Apple Inc on Friday asked the U.S. Supreme Court to rule against Samsung Electronics Co Ltd over the damages Apple should receive in a case about smartphone design patents.


from Reuters: Technology News http://ift.tt/2aiUGAQ

Investments in online lenders fall 44 percent as investors shy from risks

SAN FRANCISCO (Reuters) - Investments into online lending platforms have fallen sharply this year, according to a new report, largely a reaction to the woes at Lending Club and increased regulatory scrutiny that have made investors shy away from the risks.


from Reuters: Technology News http://ift.tt/2ajPaRG

Mediaset says Vivendi aware of pay-TV unit data before signing deal

MILAN (Reuters) - Vivendi already had access to a business plan for Mediaset's pay-TV unit before agreeing to buy it, the Italian broadcaster said on Friday as the two companies kept trading punches over a u-turn by the French media firm on the deal.


from Reuters: Technology News http://ift.tt/2a9RY10

Consumer goods firms plot new paths amid e-commerce boom

LONDON (Reuters) - Consumer goods maker Reckitt Benckiser has ramped up its efforts to sell items such as condoms and vitamins online, aiming to capture new revenue streams as traditional markets get more competitive.


from Reuters: Technology News http://ift.tt/2amifwm

Big data firm Talend soars 54 percent in debut

(Reuters) - Shares of Talend SA, whose software helps businesses crunch large amounts of data, jumped 54 percent in their U.S. debut, valuing the company at $773.7 million.


from Reuters: Technology News http://ift.tt/2a59BDx