Techmeme

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Reuters:
Uber says it will stop operating in the Canadian province Quebec next month, to avoid following tough new regulations announced last week   —  Alastair Sharp, Anna Mehler Paperny  —  TORONTO (Reuters) - Ride-hailing service Uber Technologies Inc [UBER.UL] said on Tuesday that it will stop operating …
Sep 26, 2017, 1:40 PMIn context
Taro Fuse / Reuters:
Toshiba has not yet signed the $18B sale of its chip business to Bain Capital-led group, sources say because Apple has not agreed on some key terms   —  TOKYO (Reuters) - Toshiba Corp (6502.T) told its main banks on Monday it has not signed the $18 billion sale of its semiconductor business because Apple Inc …
Sep 25, 2017, 10:25 AMIn context
Francesco Guarascio / Reuters:
EU Commission draft report urges EU to proceed with tax overhaul to prevent digital firms from paying less tax in Europe by routing profits to low-tax countries   —  BRUSSELS (Reuters) - The European Commission said the EU should proceed with an overhaul of taxes on digital firms even if the rest …
Sep 23, 2017, 8:50 AMIn context
Reuters:
Sources: T-Mobile, Sprint reach “major breakthrough” in merger talks, could sign deal by end of October; Deutsche Telekom will own majority stake   —  (Reuters) - T-Mobile US Inc (TMUS.O) is close to agreeing tentative terms on a deal to merge with peer Sprint Corp (S.N) …
Sep 22, 2017, 10:20 AMIn context
Cate Cadell / Reuters:
Chinese search giant Baidu announces $1.52B autonomous driving fund to invest in 100 projects over three years   —  BEIJING (Reuters) - Chinese search engine Baidu Inc (BIDU.O) announced a 10 billion yuan ($1.52 billion) autonomous driving fund on Thursday as part of a wider plan to speed …
Sep 21, 2017, 10:15 PMIn context
Joseph Menn / Reuters:
Interviews and emails show NSA backed down on two encryption techniques, Simon and Speck, it wanted as global standards amid experts' concerns and lack of trust   —  SAN FRANCISCO (Reuters) - An international group of cryptography experts has forced the U.S. National Security Agency …
Sep 21, 2017, 2:00 PMIn context
Reuters:
Saudi Arabia to lift ban it imposed in 2013 on VoIP calls, will make services that satisfy regulatory requirements, like Skype and WhatsApp, available today   —  RIYADH (Reuters) - Saudi Arabia will lift a ban on internet phone calls, a government spokesman said, part of efforts to attract more business to the country.
Sep 21, 2017, 7:55 AMIn context
Eric Beech / Reuters:
SEC says hackers may have profited by trading with insider information stolen from its database; the breach took place in 2016 but was discovered last month   —  WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission (SEC), the country's top markets regulator …
Sep 21, 2017, 12:15 AMIn context
Alexandria Sage / Reuters:
Waymo is seeking about $2.6B from Uber for the alleged theft of one of several trade secrets in its lawsuit against the company, according to an Uber lawyer   —  SAN FRANCISCO (Reuters) - Alphabet Inc's Waymo unit is seeking about $2.6 billion from Uber for the alleged theft of one of several trade secrets …
Sep 20, 2017, 5:10 PMIn context
Julia Fioretti / Reuters:
Twitter removed 300K terror-related accounts in first half of 2017, a 20% decline from previous six months, with 75% suspended before posting first tweet   —  BRUSSELS (Reuters) - Twitter Inc (TWTR.N) said that its internal controls were allowing it to weed out accounts being used for the …
Sep 19, 2017, 4:35 PMIn context

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