Volvo Cars taps Baidu tech to develop robotaxi for China

Volvo Cars has teamed up with Chinese search engine operator Baidu to develop a self-driving taxi for China, it said on Thursday, opening another frontier to secure its place in the robotaxi market while its Uber supply deal remains in limbo.

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Uber begins accepting cash in Mexico City, tapping key market

Uber Technologies Inc said on Thursday that it would begin accepting cash fares in Mexico City, seizing on a recent Supreme Court decision, though local government has yet to approve the form of payment.

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Apple held talks to take stake in iHeartMedia: FT

Apple Inc has held talks with iHeartMedia Inc to take a stake in the U.S. radio company, the Financial Times reported on Thursday, citing people familiar with the matter.

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Father of Web says tech giants may have to be split up

Silicon Valley technology giants such as Facebook and Google have grown so dominant they may need to be broken up, unless challengers or changes in taste reduce their clout, the inventor of the World Wide Web told Reuters.

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Testy talks, tangled taxes: Amazon's slow push into Brazil's retail jungle

Amazon.com Inc is struggling to ramp up its operations in Brazil, a promising market that so far has proven difficult for the world's largest online retailer to crack, according to nearly twenty people with knowledge of the situation.

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Hong Kong securities regulator to propose 'sandbox' for crypto exchanges

Hong Kong's Securities and Futures Commission (SFC) will propose a regulatory regime known as a "sandbox" for crypto exchanges, its chief Ashley Alder said on Thursday.

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VW and Ford in talks on self-driving and electric vehicles: source

Volkswagen AG and Ford Motor Co are in "exploratory talks" to jointly develop self-driving and electric vehicles in a far-reaching strategic alliance meant to save the companies billions of dollars, according to a person familiar with the matter.

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U.S. Supreme Court divided over Google privacy settlement

U.S. Supreme Court justices, in an internet privacy case involving Google, disagreed on Wednesday over whether to rein in a form of settlement in class action lawsuits that awards money to charities and other third parties instead of to people affected by the alleged wrongdoing.

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Birthday blues for bitcoin as investors face year-on-year loss

Bitcoin was heading toward a year-on-year loss on Wednesday, its 10th birthday, the first loss since last year's bull market, when the original and biggest digital coin muscled its way to worldwide attention with months of frenzied buying.

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Sprint beats revenue and profit forecasts, shares rise

Wireless carrier Sprint Corp beat Wall Street's estimates for quarterly revenue, profit and overall postpaid net subscriber additions on Wednesday, driving shares in the No. 4 U.S. mobile player 7 percent higher.

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Sprint net subscriber additions blow past estimates

Wireless carrier Sprint Corp dwarfed Wall Street's estimates for net new subscribers who pay a monthly bill in its quarterly results on Wednesday as it strives to undercut larger competitors on price.

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Sprint net subscriber additions blows past estimates

Wireless carrier Sprint Corp dwarfed Wall Street's estimates for net new phone subscribers who pay a monthly bill in its quarterly results on Wednesday as it strives to undercut larger competitors on price.

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Panasonic profit weighed by Tesla costs, but in talks for further investment

Japan's Panasonic Corp on Wednesday reported a decline in quarterly profit far beyond what analysts estimated, as costs rose at the battery plant it jointly runs with U.S. electric vehicle maker Tesla Inc.

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