Reuters - Technology Report

Click to View in Browser

Tuesday, November 14, 2017

SoftBank says considering investment in Uber but no final agreement reached

TOKYO (Reuters) - Japan's SoftBank Group Corp said on Tuesday it was considering investing in Uber Technologies Inc but there was no final agreement at this stage.

Google broadens takedown of extremist YouTube videos

SAN FRANCISCO (Reuters) - Alphabet Inc's Google in the last few months has begun removing from YouTube extremist videos that do not depict violence or preach hate, YouTube said on Monday, a major policy shift as social media companies face increasing pressure from governments.

Amazon sells off China cloud assets as tough new rules bite

BEIJING (Reuters) - Amazon.com Inc is selling off the hardware from its public cloud business in China, amid tightening regulation over online data that is creating a hurdle for technology firms operating in the world's second-largest economy.

Austrian can't file Facebook class action suit: EU Court adviser

BRUSSELS (Reuters) - An Austrian law student cannot bring a class action suit against Facebook's Irish unit over alleged privacy violations in an Austrian court, an EU court adviser said on Tuesday, but can sue the company in his home country on his own behalf.

Airbnb puts automatic rental cap on central Paris offers

PARIS (Reuters) - Short-term rental website Airbnb, which has been challenging traditional hotel operators such as Accor and Marriott, said it would automatically cap the number of days its hosts can rent their property each year in central Paris.

Tesla hit by class-action lawsuit claiming racial discrimination

(Reuters) - U.S. automaker Tesla Inc on Monday was hit with a class-action lawsuit claiming its California production plant is a "hotbed for racist behavior."

Qualcomm rejects Broadcom's $103-billion takeover bid

(Reuters) - Mobile chipmaker Qualcomm Inc on Monday rejected rival Broadcom Ltd's $103-billion takeover bid, saying the offer undervalued the company and would face regulatory hurdles.

BlackRock's Fink says bitcoin thrives on its anonymity

NEW YORK (Reuters) - Bitcoin, whose value has fluctuated significantly this month, remains a "speculative" investment that thrives because of the cryptocurrency's anonymous nature, BlackRock Inc Chief Executive Larry Fink said on Monday.

Dutch central bank sets up 'friendly' hacking team to attack own banks: report

AMSTERDAM (Reuters) - The Netherlands' central bank (DNB) is setting up a team of cyber security experts and hackers to attack the country's own financial infrastructure in order to test and improve its defenses, Het Financieele Dagblad reported on Tuesday.

Roku hits record high on Philips licensing deal

(Reuters) - Roku Inc's shares surged nearly 43 percent to a record high on Monday after the streaming device maker said it signed a licensing deal that would put its technology on Philips-branded televisions in the United States this year.