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UK investigating Facebook's response to alleged data breach

Tue, 20 Mar 2018 06:52:07 -0400

LONDON (Reuters) - Britain is investigating whether Facebook did enough to secure data after reports that a political consultancy hired by Donald Trump improperly accessed information about 50 million Facebook users, Information Commissioner Elizabeth Denham said on Tuesday.(image)

Apple grabs two-year lead in 3D sensing race

Tue, 20 Mar 2018 01:26:01 -0400

(Reuters) - Most Android phones will have to wait until 2019 to duplicate the 3D sensing feature behind Apple’s Face ID security, three major parts producers have told Reuters, handicapping Samsung and others on a technology that is set to be worth billions in revenue over the next few years.(image)

Self-driving Uber car kills Arizona woman crossing street

Tue, 20 Mar 2018 05:02:36 -0400

TEMPE, Ariz./SAN FRANCISCO (Reuters) - An Uber self-driving car hit and killed a woman crossing the street in Arizona, police said on Monday, marking the first fatality involving an autonomous vehicle and a potential blow to the technology expected to transform transportation.(image)

Hyundai Motor cautious about self-driving cars after Uber accident

Tue, 20 Mar 2018 06:44:55 -0400

SEOUL (Reuters) - Hyundai Motor said on Tuesday it is cautious about developing autonomous vehicles because of safety concerns after an Uber [UBER.UL] self-driving car hit and killed a woman in the United States.(image)

Megaupload founder Kim Dotcom asks for Obama to appear in NZ damages case

Tue, 20 Mar 2018 01:32:00 -0400

WELLINGTON (Reuters) - Internet entrepreneur Kim Dotcom said on Tuesday he has filed an application for former U.S. President Barack Obama to appear in court in relation to a damages claim over his defunct Megaupload streaming website while Obama visits New Zealand this week.(image)

China electric car execs call for policy support, end to protectionism

Tue, 20 Mar 2018 04:55:46 -0400

SHANGHAI (Reuters) - Delegates to China's annual meeting of parliament have urged the state to provide more policy clarity for the electric car industry and overhaul a local government subsidy program they say has distorted the market.(image)

'Socially responsible' investors reassess Facebook ownership

Tue, 20 Mar 2018 05:05:10 -0400

NEW YORK (Reuters) - With European and U.S. lawmakers calling for investigations into reports that Facebook user data was accessed by UK based consultancy Cambridge Analytica to help President Donald Trump win the 2016 election, investors are asking even more questions about the social media company's operations.(image)

Privacy issues emerge as major business risk for Facebook

Tue, 20 Mar 2018 05:05:10 -0400

SAN FRANCISCO/ FRANKFURT (Reuters) - Facebook faces substantial business risks from new European Union privacy rules set to take effect in May, a looming reality that came into stark relief over the weekend with revelations that a controversial political consulting firm had improperly obtained personal data on 50 million Facebook users.(image)

Whole Foods calls supplier summit amid Amazon angst

Tue, 20 Mar 2018 00:31:44 -0400

LOS ANGELES/NEW YORK (Reuters) - Whole Foods will host a summit on Tuesday for up to 200 of its suppliers, amid anxiety about how its ongoing business revamp will play out under new owner .(image)

Dropbox IPO oversubscribed: sources

Mon, 19 Mar 2018 21:43:27 -0400

(Reuters) - Cloud storage company Dropbox Inc's 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)