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U.S. board to vote on likely cause of Tesla 'Autopilot' crash

Mon, 21 Aug 2017 17:33:25 -0400

WASHINGTON (Reuters) - The U.S. National Transportation Safety Board will vote at a Sept. 12 hearing on the probable cause of a May 2016 crash that killed a man using the semi-autonomous driving system on his Tesla Model S sedan, the agency said on Monday.(image)

Taiwan's Foxconn to build three ancillary facilities as part of Wisconsin LCD campus

Mon, 21 Aug 2017 06:26:36 -0400

TAIPEI (Reuters) - Taiwanese electronics manufacturer Foxconn on Monday said it plans to build three facilities in the U.S. state of Wisconsin for operation as early as next year, as part of a campus housing a $10 billion liquid crystal display (LCD) factory due for 2020.(image)

Uber raises Hong Kong fares amid legal tangles

Mon, 21 Aug 2017 07:40:33 -0400

HONG KONG (Reuters) - Uber Technologies Inc said it raised its Hong Kong minimum fares on Monday by as much as 80 percent following a review.(image)

CNN launches daily news show on Snapchat

Mon, 21 Aug 2017 18:04:01 -0400

(Reuters) - CNN on Monday began streaming "The Update," a daily show on Snapchat featuring at least five news stories each episode from reporters and bureaus around the world, to attract younger viewers.(image)

Fujitsu to sell mobile phone operations: Nikkei

Mon, 21 Aug 2017 20:32:15 -0400

(Reuters) - Fujitsu Ltd is looking to offload its mobile operations as the Japanese information technology company faces stiff competition from bigger rivals in a highly lucrative mobile phone market, the Nikkei business daily reported.(image)

KuangChi says parent invests $600 million for 1.88 percent of Unicom

Mon, 21 Aug 2017 21:31:30 -0400

HONG KONG (Reuters) - KuangChi Science Ltd said its parent has invested 4 billion yuan ($600.3 million) in a 1.88 percent stake in China United Network Communications Ltd, becoming one of its strategic investors under a mixed ownership reform plan.(image)

Sinopec's Shengli Oilfield cuts Internet for some offices after cyber attack

Mon, 21 Aug 2017 08:18:10 -0400

BEIJING (Reuters) - Sinopec's Shengli Oilfield said it will cut its Internet connection for some of its offices after a malicious ransom software attacked of 21 of its Internet terminals, the company said on its official website on Monday.(image)

Canada's conservative Rebel Media site down after service cut

Mon, 21 Aug 2017 16:43:04 -0400

TORONTO (Reuters) - Canada's conservative Rebel Media said a technology company stopped directing traffic to its website, making it inaccessible to some users around the world on Monday as the site known for tirades against Muslims and refugees scrambled to get back online.(image)

PwC Japan exec denies political pressure on Toshiba audit

Mon, 21 Aug 2017 07:51:48 -0400

TOKYO (Reuters) - The head of auditor PricewaterhouseCoopers Aarata LLC on Monday denied it came under political pressure to sign off on an annual financial report by Toshiba Corp, a move which helped the troubled Japanese conglomerate avert a delisting.(image)

Infosys shares extend losses as leadership issues outweigh share buyback

Mon, 21 Aug 2017 11:29:24 -0400

MUMBAI (Reuters) - A planned $2 billion share buyback by Infosys failed to lift shares in India's No. 2 IT services company, which dropped on Monday for a second straight trading day on concerns over a dispute between its board and founders.(image)