 Uber threatens to withdraw from Austria U.S.-based ride-hailing service Uber Technologies Inc threatened on Tuesday to withdraw from Austria if a new law that would subject it to the same price regulations as taxis is adopted.  more Uber threatens to withdraw from Austria 6/18/2019 6:43:00 PMReuters |
Nvidia boosts self-driving AI business with Volvo trucks deal Sweden's AB Volvo is joining forces with Nvidia to develop artificial intelligence used in self-driving trucks, in a boost for the U.S. chipmaker that was ditched by Tesla last year.  more Nvidia boosts self-driving AI business with Volvo truck ... 6/18/2019 4:13:00 PMReuters |
India to review data storage rules that irked U.S. tech firms India will examine concerns raised by foreign technology companies around stringent rules to store data locally, the government said on Tuesday, an issue that has upset firms such as Mastercard and also irked the U.S. government.  more India to review data storage rules that irked U.S. tech ... 6/18/2019 3:17:00 PMReuters |
Truckmaker Volvo to partner with Nvidia to develop AI for driverless vehicles Sweden's AB Volvo is joining forces with U.S. chipmaker Nvidia to develop artificial intelligence used in self-driving trucks, the companies said on Tuesday.  more Truckmaker Volvo to partner with Nvidia to develop AI f ... 6/18/2019 2:39:00 PMReuters |
Northrop engine teams with Raytheon hypersonic program Raytheon Co said on Tuesday it has teamed up with Northrop Grumman Corp to develop and produce engines for hypersonic weapons that can travel 4,000 miles per hour.  more Northrop engine teams with Raytheon hypersonic program 6/18/2019 2:37:00 PMReuters |
Factbox: Facebook's new cryptocurrency Libra and digital wallet Calibra Facebook Inc revealed plans to establish a cryptocurrency called Libra on Tuesday. It will be run by an association comprised of other corporate investors and non-profit members, with an expected launch in the first half of 2020.  more Factbox: Facebook's new cryptocurrency Libra and digita ... 6/18/2019 2:35:00 PMReuters |
Facebook reveals Libra cryptocurrency, with lofty goals Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments.  more Facebook reveals Libra cryptocurrency, with lofty goals 6/18/2019 2:33:00 PMReuters |
NASA boss says 'no doubt' SpaceX explosion delays flight programme The explosion that destroyed a SpaceX astronaut taxi in April "no doubt" delays NASA's drive to return Americans to the International Space Station from U.S. soil later this year, the U.S. space agency's chief said on Tuesday.  more NASA boss says 'no doubt' SpaceX explosion delays fligh ... 6/18/2019 1:56:00 PMReuters |
Volkswagen aims to boost in-house software development to 60% by 2025 Volkswagen said on Tuesday it would put 5,000 digital experts into a new unit called "Car.Software" by 2025 as the German carmaker aims to develop at least 60% of its software in-house by then, up from less than 10% currently.  more Volkswagen aims to boost in-house software development ... 6/18/2019 1:29:00 PMReuters |
Infineon raises $1.7 billion to help fund Cypress deal Infineon Technologies raised 1.545 billion euros ($1.74 billion) in an accelerated capital increase to help fund the cost of its planned acquisition of Cypress Semiconductor, it said late on Monday.  more Infineon raises $1.7 billion to help fund Cypress deal 6/18/2019 12:22:00 PMReuters |
RBI to review data storage rules for payment firms: government The Reserve Bank of India (RBI) will look into concerns about data storage rules that have been raised by companies, a government statement said on Tuesday, months after entities such as Mastercard and Visa were forced to store more of their data locally in the country.  more RBI to review data storage rules for payment firms: gov ... 6/18/2019 12:20:00 PMReuters |
Alibaba puts CFO in charge of investment in major management reshuffle China's Alibaba Group Holding Ltd on Tuesday unveiled its most significant business reshuffle since co-founder Jack Ma announced his pending retirement, as the e-commerce firm looks to bolster its investment focus in the face of slowing growth.  more Alibaba puts CFO in charge of investment in major manag ... 6/18/2019 12:10:00 PMReuters |
