Reuters - Technology Report

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Thursday, August 10, 2017

Kaspersky Lab to withdraw Microsoft antitrust complaints

SAN FRANCISCO (Reuters) - Moscow-based cyber security firm Kaspersky Lab said on Wednesday it would withdraw antitrust complaints made in Europe against Microsoft after the U.S. technology giant agreed to change how it delivers security updates to Windows users.

Exclusive: Tesla developing self-driving tech for semi-truck, wants to test in Nevada

SAN FRANCISCO (Reuters) - Tesla Inc is developing a long-haul, electric semi-truck that can drive itself and move in "platoons" that automatically follow a lead vehicle, and is getting closer to testing a prototype, according to an email discussion of potential road tests between the car company and the Nevada Department of Motor Vehicles (DMV), seen by Reuters.

Toshiba wins auditor sign-off, likely avoiding delisting for now

TOKYO (Reuters) - Toshiba Corp has likely avoided immediate delisting after its auditor signed off on its financial results albeit with criticism of its governance, yet its future remains uncertain with no progress in talks to sell its chips unit for much-needed cash.

Buoyant bitcoin stirs crypto-bubble fears

LONDON (Reuters) - Bitcoin and other "cryptocurrencies" are big money, virtually as big as Goldman Sachs and Royal Bank of Scotland combined.

Facebook makes new bid for TV viewers with expanded video

SAN FRANCISCO (Reuters) - Facebook Inc on Wednesday made its biggest move to date to compete in the television market by expanding its video offerings with programming ranging from professional women's basketball to a safari show and a parenting program.

SoftBank's Vision Fund acquires stake in India's Flipkart

MUMBAI (Reuters) - A tech fund backed by Japan's SoftBank Group has picked up one of the biggest stakes in India's leading homegrown online retailer Flipkart, the Bengaluru headquartered firm said in a statement on Thursday.

Chinese quantum satellite sends 'unbreakable' code

BEIJING (Reuters) - China has sent an "unbreakable" code from a satellite to the Earth, marking the first time space-to-ground quantum key distribution technology has been realized, state media said on Thursday.

Snap shares up ahead of results; options traders eye steep stock swing

SAN FRANCISCO/NEW YORK (Reuters) - Shares of Snap Inc rallied on Wednesday as options traders buckled in for the social media company's quarterly results and after an analyst said the beaten-down stock was "getting interesting."

Some U.S. coding boot camps stumble in a crowded field

SAN FRANCISCO (Reuters) - The hype is fading for coding "boot camps," for-profit U.S. schools offering graduates entry into the lucrative world of software development.

Android creator's startup raises $300 million, first smartphone due soon

SAN FRANCISCO (Reuters) - Essential Products, the smartphone startup founded by a co-creator of the Android mobile operating system, has raised $300 million in new funding and signed up retailers to sell its first device, it said on Wednesday.