Reuters - Technology Report

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Tuesday, July 11, 2017

House panel to unveil self-driving car legislation soon: aide

WASHINGTON (Reuters) - U.S. House Republicans expect to introduce bills later this week that would bar states from setting their own rules for self-driving cars and take other steps to remove obstacles to putting such vehicles on the road, a spokeswoman said.

Toshiba talking with Western Digital, Foxconn about chip unit sale: sources

TOKYO (Reuters) - Toshiba Corp told its creditor banks it is in talks with Western Digital Corp and Taiwan's Foxconn over the $18 billion sale of its prized chip unit, banking sources familiar with the matter said on Tuesday.

Amazon wins India's approval to invest in domestic food retail

MUMBAI (Reuters) - Online retail giant Amazon.com Inc has secured approval to stock and sell food and groceries in India, potentially expanding its business in the fast-growing economy where it is in a pitched battle with home-grown rival Flipkart.

Tencent's WeChat Pay seeks license for local payment services in Malaysia

HONG KONG (Reuters) - Tencent Holdings Ltd has applied for a license in Malaysia to offer local payment services via its WeChat Pay, in what would be a first for the platform beyond mainland China and Hong Kong, the director of WeChat Pay's global operation told Reuters.

TripAdvisor plugs Deliveroo food ordering into its travel listings

FRANKFURT (Reuters) - TripAdvisor Inc has partnered with Deliveroo to incorporate the delivery firm's food ordering service into the travel site's listings across 12 countries in Europe, the Middle East and Asia, both companies said on Tuesday.

eBay 'millionaire' sellers in Germany and UK grow 50 percent in four years

FRANKFURT (Reuters) - "Millionaire" online businesses selling on ecommerce site eBay have jumped 50 percent in key international markets Britain and Germany in the last four years, despite currency swings that have slowed growth outside the United States.

Tech companies wage war on disease-carrying mosquitoes

CHICAGO (Reuters) - American technology companies are bringing automation and robotics to the age-old task of battling mosquitoes in a bid to halt the spread of Zika and other mosquito-borne maladies worldwide.

Toyota leads $14 million funding round for Israel's Intuition Robotics

JERUSALEM (Reuters) - Intuition Robotics, an Israeli developer of artificial intelligence robots for use by the elderly, said on Tuesday it raised $14 million in an early stage funding round led by the Toyota Research Institute (TRI).

Western Digital says it matched rivals' bids for Toshiba chip unit

(Reuters) - Western Digital Corp said it matched rival bidders' offers to acquire Japanese conglomerate Toshiba Corp's flash memory unit ahead of a court hearing on Friday over whether to halt the auction process.

AES and Siemens create joint-venture for energy storage

(Reuters) - American energy firm AES Corp and German engineering conglomerate Siemens AG on Tuesday said they were forming a joint venture to serve the rapidly growing energy storage market.