U.S. transportation agency calls March 1 ‘summit’ on autonomous cars Auto manufacturers, technology companies, road safety advocates and policy makers will attend a March 1 conference over potential government actions that could speed the rollout of autonomous cars, the U.S. Transportation Department said on Friday. Last month, Transportation Secretary Elaine […]
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Amazon hires NBC executive Salke to run video studio Amazon.com Inc (AMZN.O) on Friday said it has hired Jennifer Salke, president of NBC Entertainment, to run its television and movie studio, ending months of limbo as its entertainment division switches from a lineup heavy on art-house fare to broader-appealing hits. […]
Novogratz’s new fund, others invest $30 million in online encyclopedia A fund launched last month by former macro hedge fund manager Mike Novogratz and global blockchain company Block.One led a group of institutions that invested $30 million in online encyclopedia Everipedia, Everipedia President Sam Kazemian said. Everipedia launched in 2015 […]
China’s Didi, SoftBank target Japan in taxi-hailing push China’s Didi Chuxing and SoftBank Group Corp will roll out a venture in Japan later this year to provide ride-hailing services, amid a global battle to control the technology increasingly central to urban transport. The move into Japan underscores a recent push […]
Google’s move to bring Nest back into the fold is a sign it’s taking the huge threat from Amazon seriously Google is clearly worried about Amazon. If that wasn’t obvious before, it should be now, after the search giant announced it was going to bring Nest, the smart-home product company […]
Alphabet shifts thermostat maker Nest into Google Alphabet Inc merged smart thermostat maker Nest, which had operated as an independent unit, into its Google hardware group, the company announced in a blog post on Wednesday. The move unifies Google’s growing hardware team, which designs smartphones, laptops and speakers, with Nest, […]
China’s Huawei builds British ties in face of U.S. cold shoulder China’s Huawei said on Tuesday it will spend a further 3 billion pounds ($4.2 billion) on procurement in Britain as the world’s largest telecom equipment maker seeks alternatives to the United States, where it faces an effective ban. Huawei […]
Match Group revenue soars as Tinder attracts more subscribers Match Group Inc (MTCH.O), which owns popular dating app Tinder, on Tuesday reported a 28.5 percent jump in quarterly revenue as more people paid for subscriptions to its apps and websites. Shares of the company rose 5 percent in extended trading. […]
Apple brings Alibaba-linked payment system into China stores amid market push Apple Inc will accept Chinese mobile payment app Alipay in its local stores, boosting its ties with giant e-commerce firm Alibaba Group Holding Ltd amid a push by the iPhone maker to revive growth in the world’s No.2 economy. […]
Seattle says Facebook is violating city campaign finance law Seattle’s election authority said on Monday that Facebook Inc is in violation of a city law that requires disclosure of who buys election ads, the first attempt of its kind to regulate U.S. political ads on the internet. Facebook must disclose […]