Wednesday May 23, 2018 6:08:08 AM PDT - Why do they call it Rush Hour if nothing moves? - Robin Williams




Tue, 22 May 2018 22:37:15 -0400

China's ZTE estimates at least $3.1 billion loss from U.S. sanctions: Bloomberg

BEIJING (Reuters) - China's ZTE Corp is estimating losses of at least 20 billion yuan ($3.1 billion) due to Washington's ban on U.S. firms supplying the telecommunications firm, Bloomberg reported on Wednesday, citing unnamed sources.

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Wed, 23 May 2018 08:20:02 -0400

Tesla Model 3 registrations zip past rivals in California

(Reuters) - Tesla Inc's Model 3 sedan recorded more registrations in California than its class rivals BMW 3-Series and Mercedes C-Class in the first quarter, according to a report by the California New Car Dealers Association (CNCDA). Model 3 registrations totaled 3,723, or 14.3 percent of the near-luxury segment, compared with 3,323 for the Mercedes variant and 3,260 for the BMW model, the CNCDA report said.

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Wed, 23 May 2018 02:59:35 -0400

Mobile payment firms struggle to dethrone cash in Southeast Asia

SINGAPORE/HANOI (Reuters) - Bui Mai Phuong is an avid online shopper, ordering anything from clothing to personal-care products from her smartphone. But she prefers to pay with cash.

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Wed, 23 May 2018 08:06:46 -0400

Uber widens health cover in Europe as new CEO meets France's Macron

PARIS (Reuters) - Uber plans to offer all its European drivers an upgraded version of the health insurance it already provides in France in a drive to attract independent workers and fend off criticism over their treatment.

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Wed, 23 May 2018 07:38:43 -0400

Consumer groups ask U.S. agency to probe Tesla 'Autopilot' ads

SAN FRANCISCO (Reuters) - Two U.S. consumer advocacy groups urged the Federal Trade Commission on Wednesday to investigate what they called Tesla Inc's "deceptive and misleading" use of the name Autopilot for its assisted-driving technology.

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Wed, 23 May 2018 07:49:58 -0400

IBM announces new hiring in France as CEOs meet Macron

PARIS (Reuters) - IBM announced new recruitment in France before a meeting between President Emmanuel Macron and the bosses of IBM and Microsoft .

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Wed, 23 May 2018 03:19:10 -0400

Israel's defense expertise drives tech boom for autonomous cars

SHFAYIM, Israel (Reuters) - Technology that has helped Israel's military drive tanks, guide and intercept missiles, and keep its computer systems secure is being redeployed in the development of driverless cars.

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Wed, 23 May 2018 00:49:55 -0400

Foxconn's unit targets raising $4.3 billion in biggest China IPO since 2015

TAIPEI/SHANGHAI (Reuters) - Foxconn Industrial Internet , a subsidiary of the world's largest contract manufacturer Foxconn , announced plans to raise up to 27.1 billion yuan ($4.26 billion) in what will be mainland China's biggest IPO in almost three years.

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Wed, 23 May 2018 05:24:20 -0400

Trump floats management changes instead of sanctions for China's ZTE

WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday floated a plan to fine ZTE Corp and shake up its management as his administration considered rolling back more severe penalties that have crippled the Chinese telecommunications company.

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Tue, 22 May 2018 17:03:23 -0400

Facebook face-off: EU gets little news from Zuckerberg

BRUSSELS (Reuters) - Facebook CEO Mark Zuckerberg sailed through a grilling from EU lawmakers about the social network's data policies as lengthy questions left the 34-year-old American little time to answer.

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