Reuters - Technology Report

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Thursday, July 6, 2017

China's Baidu being probed after CEO tests driverless car on public roads

BEIJING/SHANGHAI (Reuters) - Baidu Inc, China's biggest search engine provider, is under investigation to determine whether it had broken any laws after its chief executive tested a driverless car on public roads, Beijing's traffic police said on Thursday.

Uber suspends unlicensed service in Finland until next year

(Reuters) - Uber said on Thursday it would suspend its unlicensed service UberPOP in Finland until a law deregulating the taxi market comes into effect next year.

Young Chinese find leisure, friends in Tencent fantasy rampage

BEIJING/HONG KONG (Reuters) - What's a Chinese girl got to do to get some attention these days? Grow a new skin? Chop off a few heads? For Zeng Xiaoxian, that seemed like the best shot.

Private not state hackers likely to have targeted UK parliament: sources

LONDON (Reuters) - A cyber attack on email accounts of British lawmakers last month is likely to have been by amateur or private hackers rather than state-sponsored, European government sources said.

Facebook, Twitter, Snap to seek soccer World Cup clips from Fox: Bloomberg

(Reuters) - Facebook Inc, Twitter Inc and Snap Inc are seeking online rights to video highlights from Twenty-first Century Fox Inc for next year's soccer World Cup, Bloomberg reported on Thursday.

Just Eat names former Moneysupermarket.com chief Peter Plumb as CEO

(Reuters) - Online food delivery company Just Eat Plc said on Thursday Peter Plumb, the former chief executive of price comparison site operator Moneysupermarket.com Group Plc, had been named its CEO.

Taiwan to spend $33 million over five years on AI research centers

TAIPEI (Reuters) - Taiwan plans to spend T$1 billion ($32.73 million) every year over a period of five years on artificial intelligence research centers, the government said, in a move that will help its technology firms enter the fledgling sector.

LeEco boss asks for time, pledges to pay back debts

HONG KONG (Reuters) - The founder of China's struggling tech group LeEco, Jia Yueting, on Thursday pledged to take full responsibility for the company's debt troubles amid a deepening financial crisis and after some of the company's assets were frozen.

China bike-sharing firm Ofo says raises over $700 million, led by Alibaba, others

HONG KONG (Reuters) - Chinese bike-sharing start-up Ofo said on Thursday it has raised more than $700 million in its latest funding round that was led by Alibaba Group and two others, in the largest such fund-raising in the business that has drawn keen investor interest.

Mexico's America Movil details argument in telecom dispute

MEXICO CITY (Reuters) - Billionaire Carlos Slim's America Movil argued on Wednesday against rules brought in by an overhaul of the country's telecommunications industry, saying in a statement they were unfair and had led to a loss of its business rights.