Reuters - Technology Report

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Monday, August 12, 2019

ByteDance launches new search engine in China

ByteDance, the owner of short-video app TikTok, has launched a new search engine in China, entering a sector currently dominated by Baidu Inc.

China's sovereign digital currency is 'almost ready': PBOC official

China's central bank is "almost ready" to issue the country's own sovereign digital currency, a senior central bank officer said.

China new-energy vehicle sales drop for first time in over two years

Sales of new energy vehicles (NEVs) in China fell 4.7% in July from a year earlier, the first drop in more that two years, data from the country's biggest auto industry association showed.

Russia tells Google not to advertise 'illegal' events after election protests

Russia's state communications watchdog has asked Google to stop advertising "illegal mass events" on its YouTube video platform, it said on Sunday.

Tesla electric car catches fire after hitting tow truck in Moscow

A Tesla Model 3 electric car caught fire after crashing into a parked tow truck on a Moscow motorway late on Saturday, with the Tesla driver saying he had failed to see the vehicle with which he collided.

China to push to attract more high-tech manufacturers

China will push to attract more high-tech manufacturers to set up in the world's No.2 economy, the nation's commerce ministry said late on Friday, without giving further details.

White House summons tech, social media firms after shootings

White House officials and big social media companies met on Friday to talk about how to curb extremism online after two mass shootings last weekend that killed 31 people in Texas and Ohio.

China's Huawei to invest $800 million in new Brazil factory

Huawei Technologies Co Ltd plans to build an $800 million plant in Brazil's Sao Paulo state over the next three years, the governor said, as the Chinese tech giant ramps up its Latin American presence against U.S. objections.

Walmart tells staff to pull violent video game signage from stores

Walmart Inc said on Friday it has asked employees at its stores in the United States to take down signs and playable demos of violent video games but made no changes to its policy on selling firearms.

Japan's SoftBank chases more deals with Mexican startups

Japan's SoftBank Group Corp is in advanced talks to invest in Mexican used car platform Kavak and financial technology firm Konfio, several people familiar with the matter said, underscoring the company's interest in Mexico as it pours money into Latin America.