Technology

LONDON (Reuters) – Germany’s Volkswagen (VOWG_p.DE) is moving to secure long-term supplies of cobalt, a vital component of rechargeable batteries, as the group accelerates its ambitious shift to electric cars. Cobalt industry sources told Reuters that VW, the world’s largest automaker, has asked producers to submit proposals on supplying the material for up to 10
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SYDNEY/TOKYO (Reuters) – Apple Inc’s (AAPL.O) launch of iPhone 8 kicked off in a less lively mood in Asia, versus previous debuts, as fans held out for the premium iPhone X due out in early November. Hundreds of people usually gather at Apple’s Sydney city store with queues winding down the town’s main street, George
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WASHINGTON (Reuters) – The U.S. Department of Homeland Security detected five “critical” cyber security weaknesses on the Securities and Exchange Commission’s computers as of January 23, 2017, according to a confidential weekly report reviewed by Reuters. The report’s findings raise fresh questions about a 2016 cyber breach into the U.S. market regulator’s corporate filing system
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JUDABERG, Norway (Reuters) – The Norwegian island of Finnoey has the highest density of electric cars in the world. The reason? They are exempt from the $6,000-a-year toll charges for the tunnel to the mainland. There has been a surge in sales of fully electric cars like Teslas (TSLA.O) and Nissan (7201.T) Leafs since the
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(Reuters) – Twitter Inc representatives will meet with the U.S. Senate Select Committee on Intelligence staff next week in relation to inquiries into the 2016 U.S. presidential election, a company representative said. The committee, along with other congressional committees and special counsel Robert Mueller, is investigating possible links between President Donald Trump’s campaign and Russia.
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HONG KONG (Reuters) – China’s Tencent Holdings and Guangzhou Automobile Group Company Ltd have agreed to collaborate on internet-connected cars – a strategic pact that sent shares in Guangzhou Auto surging. The development of self-driving cars and fast-changing technology have set in motion a flurry of alliances between internet giants and automakers. Earlier this year,
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FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) is a “second mover” in electrified commercial vehicles, after lagging companies such as Tesla (TSLA.O) and Deutsche Post DHL (DPWGn.DE) in putting them on the road, the head of VW’s trucks business told a German newspaper. He said Volkswagen had emissions-free alternatives to conventional trucks and buses on offer. “But
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BRUSSELS (Reuters) – A pact underpinning billions of dollars of transatlantic data transfers will undergo its first annual review on Monday, with Europe seeking to ensure Washington has lived up to its promises to protect the data of European citizens stored on U.S. servers. Feted as a milestone in transatlantic relations, which had soured after
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SHANGHAI (Reuters) – Chinese authorities have ordered Beijing-based cryptocurrency exchanges to cease trading and immediately notify users of their closure, signaling a widening crackdown by authorities on the industry to contain financial risks. Exchanges were also told to stop allowing new user registrations as of Friday, according to a government notice signed by the Beijing
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(Reuters) – U.S. President Donald Trump blocked a Chinese-backed private equity firm from buying a U.S.-based chipmaker on Wednesday, sending a clear signal to Beijing that Washington will oppose takeover deals that involve technologies with potential military applications. Canyon Bridge Capital Partners’ planned $1.3 billion acquisition of Lattice Semiconductor Corp was one of the largest
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(Reuters) – U.S. President Donald Trump blocked a Chinese-backed private equity firm from buying a U.S. chipmaker on Wednesday, sending a clear signal to Beijing that Washington will oppose deals that involve technologies with potential military applications. Canyon Bridge Capital Partners’ planned $1.3-billion acquisition of Lattice Semiconductor Corp (LSCC.O) was one of the largest attempted
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