Reuters - Technology Report

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Friday, April 21, 2017

Elon Musk on mission to link human brains with computers in four years: report

(Reuters) - Tesla Inc founder and Chief Executive Elon Musk said his latest company Neuralink Corp is working to link the human brain with a machine interface by creating micron-sized devices.

Uber extends sexual harassment probe; expects report by end-May

(Reuters) - Uber Technologies Inc said it has extended its internal investigation into sexual harassment claims in its own organization, and a report is expected by the end of May.

Sony lifts annual profit estimate on lower amortization costs

TOKYO (Reuters) - Japan's Sony Corp raised its operating profit estimate for the year ended March 31 thanks to lower amortization costs for its financial services segment.

Spotify ensures independent artists are on board with fresh deal

STOCKHOLM/LONDON (Reuters) - Music streaming service Spotify said on Thursday it has renewed a nine-year-old licensing deal with independent digital agency Merlin that has proven essential to its enduring appeal to dedicated music fans even as it has become more mainstream.

Flying car costing more than $1 million goes on show in Monaco

MONACO (Reuters) - A Slovakia-based company unveiled the commercial design for a flying car priced at more than $1 million on Thursday, saying it was ready for pre-orders with first deliveries expected by 2020.

Uber could face higher license fees in London under new proposals

LONDON (Reuters) - Taxi app Uber could face an increase in operator license fees in London under proposed changes by the city's transport authority, the latest in a series of moves by regulators to rein in a firm that has disrupted the traditional taxi industry.

Tencent executive expects WeChat Pay in every shop in China within two years

HONG KONG (Reuters) - An executive at Tencent Holdings Ltd, China's biggest social media and online entertainment company, said on Friday he expects its mobile messaging app WeChat to provide electronic payment services in every Chinese shop within two years.

China's TCL chairman complains of U.S. protectionism over pending tech deal

HONG KONG (Reuters) - China's TCL Group on Friday said U.S. protectionism is the biggest hurdle to Chinese firms going global, and that the electronics maker had been told it may not win approval in its bid to buy a U.S. technology firm.

Netmarble Games raises $2.3 billion in South Korea's second-biggest IPO

SEOUL (Reuters) - Netmarble Games Corp, South Korea's largest mobile games maker, has raised $2.3 billion in the country's second-biggest share sale, just weeks after one of its domestic-only titles sold so well it was named the world's best-selling mobile game.

Japan's trade minister says INCJ could invest in Toshiba chip unit if it made sense

TOKYO (Reuters) - Japanese government-backed fund, the Innovation Network Corporation of Japan (INCJ), can invest in Toshiba Corp's chip unit if it makes sense, the country's industry and trade minister said on Thursday.