Reuters - Technology Report

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Friday, November 10, 2017

Uber loses UK appeal bid to overturn workers' rights decision

LONDON (Reuters) - Uber [UBER.UL] lost an appeal on Friday to overturn a decision by a tribunal which said its drivers deserved workers' rights such as the minimum wage, in a blow to the taxi app as it also battles to keep its license in London.

Equifax profit falls as hacking costs take toll

(Reuters) - Equifax Inc on Thursday reported lower quarterly profit, and quarterly revenue missed estimates, as the credit bureau warned that its massive data breach had prompted some customers to hold back business.

Uber boss says U.S. market unprofitable amid tough competition from Lyft

SAN FRANCISCO (Reuters) - Uber Technologies Inc will continue to lose money in its home market for at least the next six months as rival Lyft Inc poses a fierce competitive challenge, Chief Executive Dara Khosrowshahi said on Thursday in his first public comments since taking the top job at Uber two months ago.

Trump's CNN attacks may hobble legal case to block AT&T-Time Warner deal

WASHINGTON/NEW YORK (Reuters) - President Donald Trump's broadsides against cable network CNN may complicate the U.S. government's legal case if it decides to block AT&T's deal to buy media company Time Warner, according to legal experts.

German investigators shut down illegal file-sharing site

FRANKFURT (Reuters) - German investigators shut down an illegal file-sharing site with around 27,000 members as part of a police sting targeting 42 suspects across Germany, the Frankfurt attorney general's office said on Friday.

Google supports U.S. efforts to disclose buyers of online political ads

SAN FRANCISCO (Reuters) - Alphabet Inc's Google unit told U.S. election regulators in a letter seen by Reuters on Thursday that it "strongly supports" tightening rules on online political advertising as part of efforts to curtail "foreign abuse and influence" in elections.

China's deliverymen face robot revolution as parcel demand soars

SHANGHAI/BEIJING (Reuters) - At Beijing's sprawling Renmin University of China, two shiny new couriers dart through throngs of students to deliver parcels throughout the day.

China's Bytedance buying lip-sync app Musical.ly for up to $1 billion

HONG KONG/SHANGHAI (Reuters) - Chinese online content platform Bytedance said on Friday it would buy popular lip-sync platform Musical.ly, in a deal seen valued at up to $1 billion that underlines the global ambitions of the fast-growing tech startup.

British official urges social media companies to block militant content

WASHINGTON (Reuters) - Britain's top internal security official is pressing social media companies to devise automatic systems to spot and block violent militant messaging before it is posted on their networks.

Ford, Ekso team up for 'bionic' auto workers

WAYNE, Mich. (Reuters) - Robots have replaced many U.S. manufacturing workers, but new mechanical exoskeletons being tested by Ford Motor Co may help factory workers to function like bionic people, reducing the physical damage of millions of repetitive tasks over many years.