Technology

SANTIAGO (Reuters) – Taxi drivers protesting the growth of mobile ride hailing applications such as Uber and Cabify blocked the main road to Chile’s principal airport in capital Santiago on Monday, leading to one death and wreaking havoc on travelers’ plans. Santiago-based LATAM Airlines, the region’s biggest carrier, as well as budget carrier Sky suffered
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(Reuters) – Video streaming device maker Roku Inc filed for an initial public offering on Friday, as the company looks to cash in on the booming demand for such services. The Los Gatos, California-based company said it applied to list its Class A common stock on the Nasdaq under the ticker symbol “ROKU”. Connected to
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SAN FRANCISCO (Reuters) – Hewlett Packard Enterprise Co (HPE.N) completed the spin-off of much of its software business early on Friday, closing the door on the disastrous 2011 acquisition of British firm Autonomy and narrowing the company’s focus to data center hardware and software. The enterprise software businesses, which include the widely used ArcSight security
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(Reuters) – The U.S. agency in charge of enforcing labor law on Thursday filed a complaint against electric carmaker Tesla Inc (TSLA.O), saying it found merit to workers’ complaints about unfair labor practices. According to the National Labor Relations Board complaint, Tesla violated workers’ rights by requiring them to sign a confidentiality agreement that could bar
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SAN FRANCISCO (Reuters) – Uber Technologies Inc’s [UBER.UL] new Chief Executive Dara Khosrowshahi told employees on Wednesday the ride-services company would change its culture and could go public in 18 to 36 months. Khosrowshahi, who led Expedia Inc (EXPE.O) for 12 years, made the remarks as he introduced himself to Uber’s workforce on Wednesday during
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NEW YORK (Reuters) – AT&T Inc said on Wednesday that it is expanding its 5G trials to include three new U.S. cities by the end of the year as part of its push to develop a next-generation network. The trials will test a faster broadband service where the last leg of the connection is delivered
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TOKYO (Reuters) – Toyota Motor Corp on Wednesday announced it would invest in Grab and install its driving recorder devices in vehicles operated by the Singapore-based ride-hailing service, as the automaker expands further into new driving services. The agreement includes an undisclosed investment in Grab by Toyota Tsusho, the automaker’s trading arm, as part of
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(Reuters) – Expedia Inc Chief Executive Dara Khosrowshahi is poised to accept Uber Technologies Inc’s [UBER.UL] offer to become its new CEO, according to an internal memo sent to Expedia staff, putting him in charge of turning around the loss-making, scandal-ridden ride-services company. The Uber board of directors on Sunday chose Khosrowshahi as its next
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SAN FRANCISCO (Reuters) – The Uber Technologies Inc [UBER.UL] board of directors said on Sunday it had voted on its pick for a new chief executive officer, but declined to disclose its choice publicly until informing employees. The board met during the weekend to deliberate over the selection of a new chief executive to lead
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(Reuters) – Uber Technologies Inc’s [UBER.UL] field of candidates for a new chief executive officer narrowed further on Sunday when Jeff Immelt, chairman of General Electric Co, said he was no longer in the running for the top leadership position. Uber’s board of directors has been searching for a new CEO since June, when investors
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JOHANNESBURG (Reuters) – Naspers (NPNJn.J) chairman on Friday pushed back against investors urging a break up of the South African e-commerce and pay-tv giant, saying the move lacked long-term commercial merit. Founded in 1915, Naspers has transformed itself from an apartheid-era newspaper publisher into a $100 billion multinational with private equity-style investments in e-commerce platforms
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