Technology

[ad_1] HONG KONG (Reuters) – China’s Tencent Holdings and Guangzhou Automobile Group Company Ltd have agreed to collaborate on internet-connected cars – a strategic pact that sent shares in Guangzhou Auto surging. The development of self-driving cars and fast-changing technology have set in motion a flurry of alliances between internet giants and automakers. Earlier this
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[ad_1] BRUSSELS (Reuters) – A pact underpinning billions of dollars of transatlantic data transfers will undergo its first annual review on Monday, with Europe seeking to ensure Washington has lived up to its promises to protect the data of European citizens stored on U.S. servers. Feted as a milestone in transatlantic relations, which had soured
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[ad_1] SHANGHAI (Reuters) – Chinese authorities have ordered Beijing-based crypto-currency exchanges to cease trading and to tell users by Friday about when trading will end, the Securities Times newspaper reported citing industry sources and a government notice. The newspaper said the Beijing city regulator held talks with crypto-currency exchanges in the city on Friday. It
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[ad_1] SHANGHAI (Reuters) – A senior executive at China’s internet finance association has urged Chinese regulators to create a framework of regulations to support the development of digital currencies amid a fierce crackdown on trading on virtual tender such as bitcoin. Li Lihui, a senior official at the National Internet Finance Association of China and
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[ad_1] (Reuters) – Credit reporting company Equifax Inc blamed a web server vulnerability in its open-source software, called Apache Struts, for the recent data breach that compromised personal details of as many as 143 million U.S. consumers. The massive data breach had exposed valuable information to hackers between mid-May and July and sent Equifax shares
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[ad_1] (Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk said the electric carmaker is tentatively scheduled to unveil its planned semi-truck in late October, about a month later than the billionaire had earlier estimated. “Tesla Semi truck unveil & test ride tentatively scheduled for Oct 26th in Hawthorne,” Musk said in a tweet on
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[ad_1] FRANKFURT (Reuters) – PSA Group will support newly acquired Opel introducing electric cars but the switch must be profitable for it to be successful, PSA Chief Executive Carlos Tavares told German paper Bild am Sonntag. Politicians and regulators across the globe are promoting electric cars after Volkswagen’s (VOWG_p.DE) diesel cheating scandal exposed higher-than-expected pollution
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[ad_1] NEW YORK (Reuters) – Demand for exchange-traded funds that would provide exposure to cryptocurrencies like bitcoin is strong, but regulators will likely wait until the underlying market matures more before approving such products, a panel of securities industry experts said on Friday. The U.S. Securities and Exchange Commission rejected the first U.S. ETF tracking
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