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Facebook under pressure as EU, U.S. urge probes of data practices

Mon, 19 Mar 2018 13:52:40 -0400

(Reuters) - Facebook Inc Chief Executive Mark Zuckerberg faced calls on Monday from U.S. and European lawmakers to explain how a consultancy that worked on President Donald Trump's election campaign gained access to data on 50 million Facebook users.(image)

Woman dies in Arizona after being hit by Uber self-driving SUV

Mon, 19 Mar 2018 14:45:29 -0400

SAN FRANCISCO (Reuters) - A woman crossing a street was killed by an Uber self-driving sport utility vehicle in Arizona, police said on Monday, leading the ride services company to suspend its autonomous vehicle program across the United States and Canada.(image)

Trial kicks off in U.S. challenge to AT&T, Time Warner merger

Mon, 19 Mar 2018 11:48:00 -0400

WASHINGTON (Reuters) - A trial that could shape the future of U.S. media ownership kicks off in Washington this week as the Department of Justice seeks to block AT&T Inc's $85 billion acquisition of Time Warner Inc.(image)

Dropbox IPO oversubscribed: sources

Mon, 19 Mar 2018 13:18:14 -0400

(Reuters) - Cloud storage company Dropbox Inc's [DBX.O] initial public offering was oversubscribed, two people familiar with the matter said on Monday, indicating healthy demand for the first big tech IPO this year even as tech stocks opened the week on sour note.(image)

Google courts game developers with expanded services lineup

Mon, 19 Mar 2018 13:56:31 -0400

SAN FRANCISCO (Reuters) - Alphabet Inc's Google on Monday unveiled new tools for game developers, days after opening Maps to create location-based online games, challenging technology rivals including Inc in the bid for a bigger slice of the lucrative industry.(image)

U.S. blocks use of Venezuela's digital currency: White House

Mon, 19 Mar 2018 13:31:25 -0400

WASHINGTON (Reuters) - U.S. President Donald Trump on Monday blocked the use of Venezuelan cryptocurrencies through an executive order prohibiting such transactions by those in the United States, the White House said in a statement.(image)

Exclusive: 'Where can I buy?' - Google makes push to turn product searches into cash

Mon, 19 Mar 2018 14:30:20 -0400

NEW YORK (Reuters) - Alphabet Inc's Google routinely fields product queries from millions of shoppers. Now it wants to take a cut of their purchases, too.(image)

More shoppers want customer service from gadgets over humans: study

Mon, 19 Mar 2018 07:29:56 -0400

(Reuters) - Most buyers prefer to be left alone as they shop in store for items like apparel and prefer to use in-store technology for customer service over personalized attention from store employees, according to a new study.(image)

Alibaba doubles Lazada investment to $4 billion in aggressive Southeast Asian expansion

Mon, 19 Mar 2018 06:30:56 -0400

BEIJING/SINGAPORE (Reuters) - Alibaba Group Holding Ltd said it will invest an extra $2 billion in Southeast Asian e-commerce firm Lazada Group and tapped a top executive to run the business, as it takes on rivals such as tech titan Amazon in an aggressive expansion in the region.(image)

Global regulators to work on test bed for fintechs

Mon, 19 Mar 2018 09:36:01 -0400

LONDON (Reuters) - Regulators from across the world start work this week on a blueprint for a global "sandbox" or testing bed for new financial technology applications, Britain's Financial Conduct Authority said on Monday.(image)