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Updated: 36 min 51 sec ago

Brazilian startup Volanty gets capital injection led by SoftBank

Thu, 08/08/2019 - 02:47
Brazil's digital used car portal Volanty has received an infusion of 70 million reais ($17.6 million) from venture capital funds led by Japan's SoftBank and Kaszek of Argentina.

Tesla stands by safety claims despite U.S. probes, subpoenas over crashes

Thu, 08/08/2019 - 02:21
Electric carmaker Tesla Inc stood by its Model 3 safety claims on Wednesday in the face of regulatory scrutiny, while documents showed the top U.S. automotive safety watchdog issued at least five subpoenas since last year seeking information about crashes involving the company's vehicles.

U.S. government contractors get first look at Huawei ban

Thu, 08/08/2019 - 01:16
The U.S. agency responsible for government contracts on Wednesday released an interim rule for a ban on federal purchases of telecommunications equipment from five Chinese companies, including Huawei.

FedEx ends ground delivery partnership with Amazon

Wed, 08/07/2019 - 23:43
FedEx Corp confirmed on Wednesday it would terminate its contract with Amazon.com Inc for small-package ground deliveries, as the online retailer focuses on building out its own delivery network.

White House to host meeting with tech companies on violent extremism online

Wed, 08/07/2019 - 23:35
The White House will discuss violent extremism online with representatives from a number of Internet and technology companies on Friday, according to a White House spokesman.

U.S. government contractors to get first look at Huawei ban today

Wed, 08/07/2019 - 23:11
The White House Office of Management and Budget is slated on Wednesday to release an interim rule for a ban on federal purchases of telecommunications equipment from five Chinese companies, including Huawei, a senior administration official said.

British Airways resuming services after latest IT meltdown

Wed, 08/07/2019 - 22:59
British Airways said its flights were returning to normal after passengers had to endure cancellations, delays and long queues at London airports as the airline suffered its third major computer failure in a little more than two years.

White House to release first rule today for Huawei ban for U.S. government contractors

Wed, 08/07/2019 - 22:41
The White House Office of Management and Budget is slated on Wednesday to release an interim rule for a ban on federal purchases of telecommunications equipment from five Chinese companies, including Huawei, a senior administration official said.

British Airways says technical problems at London airports have been resolved

Wed, 08/07/2019 - 22:02
Problems with British Airways' computer systems, which led to cancellations, delays and long queues at London airports on Wednesday have been resolved, a spokesman said.

Tesla faced U.S. agency scrutiny last year over Model 3 safety claims

Wed, 08/07/2019 - 21:23
Tesla Inc received a cease-and-desist letter last year from the U.S. National Highway Traffic Safety Administration (NHTSA) for making misleading statements over safety ratings of its Model 3 cars, according to documents seen by Reuters.

Chinese government hackers suspected of moonlighting for profit

Wed, 08/07/2019 - 20:27
One of the most effective teams of Chinese government-backed hackers is also conducting financially-motivated side operations, cybersecurity researchers said on Wednesday.

FedEx to end ground-delivery partnership with Amazon

Wed, 08/07/2019 - 20:22
FedEx Corp confirmed on Wednesday it would terminate its contract with Amazon.com Inc for small-package ground deliveries, as the online retailer focuses on building out its own delivery network.

British Airways passengers face chaos after latest IT failures

Wed, 08/07/2019 - 20:04
Thousands of British Airways passengers had to endure cancellations, delays and long queues at airports as the airline suffered its third major computer failure in a little more than two years.

British Airways IT failures create chaos for passengers

Wed, 08/07/2019 - 18:29
Problems with British Airways' IT systems left thousands of passengers facing flight cancellations, delays and long queues at airports in the airline's third major computer failure in a little more than two years.

SoftBank says Vision Fund 2 could start investing soon, bags big gains on first

Wed, 08/07/2019 - 18:07
SoftBank Group Corp's second Vision Fund could start investing as soon as next month, founder and Chief Executive Masayoshi Son said, as the technology conglomerate reported a leap in profits at its first $100 billion fund.

Tesla considers raising prices in China from September: sources

Wed, 08/07/2019 - 16:44
U.S. electric vehicle maker Tesla Inc is considering lifting its prices in China from September amid yuan-related uncertainty, two people familiar with the matter said.

Kazakhstan halts introduction of internet surveillance system

Wed, 08/07/2019 - 15:48
Kazakhstan has halted the implementation of an internet surveillance system criticized by lawyers as illegal, with the government describing its initial rollout as a test.

SoftBank's profit blows past estimates on Vision Fund gains

Wed, 08/07/2019 - 15:40
Japan's SoftBank Group Corp raked in a better-than-expected quarterly operating profit as it saw a leap in investing gains from its $100 billion Vision Fund.

British Airways flights disrupted by IT failures

Wed, 08/07/2019 - 15:37
Problems with British Airways' IT systems left passengers facing flight delays and long queues at airports on Wednesday in the midst of the peak summer holiday period.

British Airways cancels some flights due to IT failure

Wed, 08/07/2019 - 15:36
British Airways said on Wednesday it had canceled some short-haul flights from Heathrow, Gatwick and London City airports because of an IT systems failure.

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