Reuters - Technology Report

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Friday, July 14, 2017

U.S. government crackdown threatens Kaspersky’s American dream

(Reuters) - Eugene Kaspersky, the CEO of the Russian cybersecurity software firm that bears his name, had a big American dream.

High-speed Hyperloop project ready for key test in Nevada

(Reuters) - Engineers will soon conduct a crucial test of a futuristic technology championed by entrepreneur Elon Musk that seeks to revolutionize transportation by sending passengers and cargo packed into pods through an intercity system of vacuum tubes.

Sprint launches new leasing options for cost-conscious consumers

NEW YORK (Reuters) - Sprint Corp said on Friday that it was launching new leasing options aimed at price-sensitive customers who want to upgrade their phones more often, the carrier’s latest effort to lure subscribers in an oversaturated market for wireless service.

Global automakers call on China to ease "impossible" electric car rules

HAMBURG/SHANGHAI(Reuters) - Global automakers have urged China to delay and soften planned quotas for sales of electric and hybrid cars, saying its proposals will be impossible to meet and would severely disrupt their businesses, according to a letter seen by Reuters.

Snap shares draw bullish options bets after slipping below IPO price

NEW YORK (Reuters) - Options traders were placing bets this week that shares of Snap Inc were primed for a rebound after slipping below their initial public offering price of $17.

AT&T planning organizational changes, including new role for CEO: Bloomberg

(Reuters) - Broadband provider AT&T Inc is planning a redefined role for Chief Executive Randall Stephenson amid major organizational changes following its $85.4 billion acquisition of Time Warner Inc , Bloomberg reported on Friday.

Australia to compel technology firms to provide access to encrypted missives

SYDNEY (Reuters) - Australia on Friday proposed new laws to compel companies such as U.S. social media giant Facebook and device manufacturer Apple to provide security agencies access to encrypted messages.

Ericsson says Cevian's Gardell to join nomination committee

STOCKHOLM (Reuters) - Sweden's Ericsson said on Friday that activist investor Cevian would be represented by Christer Gardell in the telecom equipment maker's nomination committee.

Uber and Yandex to combine ride-hailing in Russia and beyond

FRANKFURT/MOSCOW (Reuters) - Uber and Yandex, the "Google of Russia", have agreed to combine their Russian ride-sharing businesses, with Yandex the leading partner in a deal that extends to five nearby markets.

French government to appeal pro-Google court tax ruling

PARIS (Reuters) - The French government said on Thursday it would appeal against a court ruling in Google's favour with regard to 1.1 billion euros ($1.25 billion) in tax.