Reuters - Technology Report

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Thursday, July 13, 2017

Tech firms protest proposed changes to U.S. net neutrality rules

NEW YORK/WASHINGTON (Reuters) - Facebook Inc , Twitter Inc , Alphabet Inc and dozens of other major technology companies protested online on Wednesday against proposed changes to U.S. net neutrality rules that prohibit broadband providers from giving or selling access to certain internet services over others.

Yandex and Uber to merge in Russia and five other countries

FRANKFURT (Reuters) - Yandex, the "Google of Russia", and Uber have agreed to merge their ride-sharing businesses in Russia and five neighboring markets with Yandex as leading partner, the companies said on Thursday.

Carmakers demand changes to China's electric car quota: WirtschaftsWoche

FRANKFURT (Reuters) - The world's four biggest automotive industry associations have written to China's government to demand it change its plans for strict sales quotas for electrically powered vehicles, German weekly magazine WirtschaftsWoche reported, citing the letter.

Google wins challenge against 1.1 billion-euro French tax bill

PARIS (Reuters) - A French court ruled on Wednesday that Google was not liable to pay 1.1 billion euros ($1.3 billion) in back taxes demanded by the French authorities.

Trump Hotels discloses data breach at 14 properties

(Reuters) - Trump International Hotels Management LLC said late on Tuesday a data breach at a service provider compromised card payment details at 14 of its properties.

Telecoms group Altice to launch online bank in Europe by early 2019: source

PARIS (Reuters) - French billionaire Patrick Drahi plans to launch an online bank by spring 2019 across the euro zone countries where his telecoms group Altice operates, a source close to the matter said on Thursday.

German military aviation command launches cyber threat initiative

BERLIN (Reuters) - The German military's aviation safety chief has launched a new initiative against cyber threats, citing research that he said shows hackers can commandeer military airplanes with the help of equipment that costs about 5,000 euros ($5,700).

Micro-investing startup Stash raises $40 million

NEW YORK (Reuters) - Stash, a New York-based startup that lets individuals save small sums of money and make micro-investments through a mobile app, has secured a $40 million investment in a round led by fund manager Coatue Management.

Kaspersky Lab says it has become pawn in U.S.-Russia geopolitical game

MOSCOW (Reuters) - Russian cyber security firm Kaspersky Lab, reacting to a U.S. government move restricting its activities, said on Wednesday it had fallen victim to U.S.-Russia global sparring while the Kremlin criticized the U.S. action as politically-motivated.

U.S. tech startups fight sexual harassment with tougher policies

SAN FRANCISCO (Reuters) - Kristina Bergman made an unusual decision when she founded Integris Software in early 2016: she included an anti-sexual harassment clause firmly in her company's voting agreement with investors.