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Updated: 56 min 56 sec ago

China's Geely selects Swedish software firm as driverless car supplier

1 hour 53 min ago
China's Geely has picked Zenuity, a joint venture between its Volvo car marque and Swedish technology group Veoneer, as its preferred supplier for assisted and self driving software.

Apple explores moving 15-30% of production capacity from China: Nikkei

2 hours 53 min ago
Apple Inc has asked its major suppliers to assess the cost implications of moving 15% to 30% of their production capacity from China to Southeast Asia as it prepares for a restructuring of its supply chain, according to a Nikkei Asian Review report on Wednesday.

Activists urge Google to break up before regulators force it to

3 hours 33 min ago
Shareholder activists want Google parent Alphabet Inc to break itself up before regulators force the world's biggest internet ad seller to split into different pieces.

French photo startup Meero joins unicorn club after $230 million fundraising

4 hours 18 min ago
French startup Meero, which offers online editing and production tools for photographers, has raised $230 million in a boost for the country's technology and start-up scene that President Emmanuel Macron hopes will boost the overall economy.

Euroclear to press ahead with blockchain pilot for commercial paper

6 hours 47 min ago
Securities house Euroclear said on Wednesday it would push ahead with building a pilot blockchain-based platform for issuing and settling commercial paper transactions used by companies to grease the wheels of the economy.

Electric dreams in danger as funding dwindles for China's Tesla challengers

12 hours 55 sec ago
Last year, Wei Qing and his private equity investment team visited more than 20 Chinese electric vehicle manufacturing startups.

Facebook's cryptocurrency ambitions face privacy concerns, political backlash

14 hours 5 min ago
Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns.

U.S. lawmaker calls for Facebook to pause cryptocurrency project

14 hours 31 min ago
A leading U.S. House lawmaker on Tuesday called on Facebook Inc to halt development on its new cryptocurrency and for company executives to testify before Congress, adding to global concerns about what the digital currency could mean for data privacy and security.

Senior U.S. lawmaker says Facebook should halt cryptocurrency project pending review

14 hours 42 min ago
U.S. House Financial Services Committee Chairwoman Maxine Waters said Tuesday that Facebook Inc should halt development of its announced cryptocurrency until Congress and regulators conduct a review.

U.S. lawmaker calls for hearing into Facebook's cryptocurrency

15 hours 32 min ago
A senior Republican lawmaker wants Congress to promptly examine Facebook Inc's decision to launch its own cryptocurrency.

U.S. agency to vote on auctioning key unused parts of 2.5 GHz band for 5G

15 hours 58 min ago
The U.S. Federal Communications Commission will vote in July on whether to auction a key band of largely unused 2.5 GHz spectrum to help advance next-generation 5G wireless networks and scrap requirements that it be used for education, the agency said on Tuesday.

Google invests $1 billion to ease housing shortage near California headquarters

16 hours 6 min ago
Alphabet Inc's Google announced on Tuesday it would set aside $750 million in land and $250 million in financing to spur developers in the San Francisco Bay Area to build at least 20,000 homes and rehabilitate other housing over the next decade.

Facebook reveals Libra cryptocurrency, sparking new privacy concerns

17 hours 20 min ago
Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns.

U.S. regulator accuses head of defunct British bitcoin company of $147 million fraud

18 hours 8 min ago
A U.S. commodities regulator has filed a lawsuit accusing a defunct British cryptocurrency company and its former principal of fraudulently misappropriating at least 22,858,322 bitcoin worth $147 million from more than 1,000 customers.

U.N. surveillance expert urges global moratorium on sale of spyware

18 hours 49 min ago
The world should impose a moratorium on the sale and use of surveillance software until there are rules in place to stop governments using it to spy on their opponents and critics, a U.N. expert recommended.

Google announces $1 billion additional investment in housing across Bay Area

Tue, 06/18/2019 - 23:27
Alphabet Inc's Google on Tuesday announced an additional $1 billion investment in housing across the San Francisco Bay Area.

BoE's Carney says keeping open mind on Facebook's Libra

Tue, 06/18/2019 - 23:14
Bank of England governor Mark Carney has said he is keeping an 'open mind' on the potential utility of Facebook's planned cryptocurrency, but warned it may face strict regulation if it takes off.

Google calendar app down globally

Tue, 06/18/2019 - 22:42
Alphabet Inc's Google Calendar app users were unable to access their schedules on Tuesday as the app faced technical issues globally.

Lyft, Agero partner to offer rides for consumers requiring tow assistance

Tue, 06/18/2019 - 22:38
Roadside assistance provider Agero Inc said on Tuesday it would partner with ride hailing company Lyft Inc to provide rides for consumers whose cars are disabled and require a tow assistance.

World electronic gaming revenues to grow 9.6% to $152.1 billion in 2019: report

Tue, 06/18/2019 - 22:12
The global video and electronic games market will generate $152.1 billion in 2019, up 9.6% over last year as gaming morphs into content and communication, according to a report by gaming analytics firm Newzoo on Tuesday.

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