Reuters - Technology Report

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Monday, March 11, 2019

SoftBank-backed Japanese startup Uhuru considering London listing

Uhuru, a Japanese startup backed by SoftBank that helps connect devices to cloud services, is considering listing in London as it looks to grow outside of Japan.

Tesla in talks with China's CATL for rechargeable batteries: Bloomberg

Tesla Inc is in discussions with Chinese battery maker Contemporary Amperex Technology Co Ltd (CATL) for ordering rechargeable batteries to power its Model 3 cars, Bloomberg reported on Monday, citing people familiar with the matter.

We don't expect EU finance ministers to agree to digital tax: German government source

The German government does not expect European Union finance ministers to unanimously agree to a digital tax on Tuesday and is continuing to strive for minimum corporate tax rates at the global level, a source said on Monday.

Tesla to raise vehicle prices, keep more stores open

Electric carmaker Tesla Inc said on Sunday it will raise prices of its high-end vehicles by about 3 percent on average as it plans to keep more retail stores open than planned.

China's Mobike to pull out of some Asian countries, evaluate other markets

Chinese dockless bike-sharing company Mobike said on Monday it will pull out of some Asian countries and re-evaluate its units in other overseas markets amid a wide-scale contraction in the market and the bankruptcy of top competitor Ofo.

Alibaba invests $693 million for stake in Chinese courier STO Express

Alibaba Group Holding Ltd will take a 14 percent stake in STO Express Co Ltd through a $693 million deal, the e-commerce giant's fourth significant investment in a Chinese courier company.

Nvidia nears deal to acquire Mellanox Technologies: source

Chipmaker Nvidia Corp is nearing a deal to acquire peer Mellanox Technologies Ltd for more than $7 billion in cash, a person familiar with the matter said on Sunday.

Thousands of Russians protest against internet restrictions

Thousands of people took to the streets of Moscow and two other cities on Sunday to rally against tighter internet restrictions, in some of the biggest protests in the Russian capital in years.

Nvidia offers bid for Israeli chip firm Mellanox: report

Nvidia Corp has submitted an offer to buy Israeli chip designer Mellanox, the Calcalist financial news website said on Sunday.

Wall Street critic Warren vows to break up Amazon, Facebook, Google

Senator Elizabeth Warren vowed on Friday to break up Amazon, Google and Facebook if elected U.S. president to promote competition in the technology sector.