Reuters - Technology Report

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Tuesday, September 12, 2017

Apple set to unveil anniversary iPhone in major product launch

CUPERTINO, Calif. (Reuters) - A decade after then-CEO Steve Jobs unveiled the first iPhone, Apple Inc on Tuesday is set to introduce a completely redesigned top-of-the-line iPhone along with two other new phones, as well as a big upgrade to the Apple Watch and a higher-definition Apple TV.

Samsung says Galaxy Note 8 pre-orders highest among Note series

SEOUL (Reuters) - Samsung Electronics Co Ltd on Tuesday said pre-orders for its Galaxy Note 8 premium smartphone have hit the highest-ever for the Note series, beating its predecessor Note 7 over five days by about 2.5 times.

Carmakers face electric reality as combustion engine outlook dims

FRANKFURT (Reuters) - European car bosses gathering for the Frankfurt auto show are beginning to address the realities of mass vehicle electrification, and its consequences for jobs and profit, their minds focused by government pledges to outlaw the combustion engine.

R3, UK regulator and banks team up on blockchain-based mortgage reporting

NEW YORK (Reuters) - New York-based software company R3 CEV has partnered with Britain's financial watchdog and two large banks to develop a blockchain-based application to improve the regulatory reporting of mortgage transactions.

Skype co-founder's fund Atomico backs Worlds Adrift games maker

FRANKFURT (Reuters) - British games maker Bossa Studios on Tuesday said it has raised $10 million in a funding round led by European venture capital firm Atomico, ahead of the launch of the company's pirate-themed multiplayer online title, Worlds Adrift.

Japan trials driverless cars in bid to keep rural elderly on the move

NISHIKATA, Japan (Reuters) - As the annual rice harvest begins this month in the Japanese town of Nishikata, the combines that usually putter along the sleepy roads lining its rice fields are giving way to a vehicle residents have never before seen, a driverless shuttle bus.

UK watchdog warns consumers on cryptocurrency fundraisings

LONDON (Reuters) - Initial coin offerings (ICOs), the practice of creating and selling digital currencies to finance start-up projects, are "very high risk" and speculative, Britain's Financial Conduct Authority (FCA) warned on Tuesday.

PSA may move production of electric vehicle components back in-house

FRANKFURT (Reuters) - French carmaker PSA is considering moving the production of electric vehicle components back to within the company, a PSA director told Reuters on Tuesday.

Toshiba still in talks over chip unit sale one day before deadline: sources

Tokyo (Reuters) - Japan's embattled Toshiba Corp is still in discussions with various parties over the $18 billion sale of its memory chip business just a day before its latest, self-imposed deadline, people involved in the talks told Reuters on Tuesday.

Online lender SoFi CEO Cagney to step down

(Reuters) - Mike Cagney, one of the most prominent executives in the U.S. financial technology sector, will step down as chief executive of Social Finance, the online lender he co-founded, before the end of the year.