Tue06272017

LAST_UPDATEFri, 30 Jun 2017 8am

Uber CEO Travis Kalanick Resigns Under Investor Pressure

Pic: ReutersUber Technologies Inc Chief Executive Travis Kalanick, co-founder of one of the most influential technology companies of its generation, resigned on Tuesday under pressure from investors after a string of setbacks.

Read more: Uber CEO Travis Kalanick Resigns Under Investor Pressure

Twitter To Let Streaming Video Stars Collect Money From Fans

Pic: ReutersSAN FRANCISCO: Twitter Inc plans on Wednesday to launch a system for people to earn money by streaming live on its Periscope service, a first for Twitter and a way for the company to try to compete with YouTube and others in the search for internet talent.

Read more: Twitter To Let Streaming Video Stars Collect Money From Fans

Russians Targeted 21 Election Systems, U.S. Official Says

Pic: ReutersWASHINGTON: Russian hackers targeted 21 U.S. state election systems in the 2016 presidential race and a small number were breached but there was no evidence any votes were manipulated, a Homeland Security Department official told Congress on Wednesday.

Read more: Russians Targeted 21 Election Systems, U.S. Official Says

Volvo Cars Relaunches Polestar As Standalone Electric Car Brand

Pic: ReutersGeely-owned automaker Volvo Cars will make its Polestar Performance business a standalone brand within the group, focusing on electric cars, the company said on Wednesday.

Read more: Volvo Cars Relaunches Polestar As Standalone Electric Car Brand

Tesla's Autopilot Software Head Quits In Less Than Six Months

Pic: ReutersTesla Inc said the head of its autopilot software, Chris Lattner, left the company in less than six months since joining the electric carmaker.

Read more: Tesla's Autopilot Software Head Quits In Less Than Six Months

Apple Tells Court Qualcomm Chip Licenses Are Invalid

Pic: ReutersApple Inc broadened a legal attack on Qualcomm Inc, arguing to a U.S. federal court that license agreements that secure the chip maker a cut of every iPhone manufactured were invalid.

Read more: Apple Tells Court Qualcomm Chip Licenses Are Invalid

As iPhone 8 Looms, Firms Scramble To Lock Up Memory Chip Supply

Global electronics makers are scrambling to stock up on memory chips to keep production lines running as Apple Inc's (AAPL.O) new iPhone 8 launch later this year threatens to worsen a global squeeze on supply.

Read more: As iPhone 8 Looms, Firms Scramble To Lock Up Memory Chip Supply

Uber To Allow Tips For Drivers In Reversal Of Longstanding Policy

Pic: ReutersUber said on Tuesday it will for the first time allow drivers to collect tips through its smartphone app, an about-face from previous company policy, as part of the ride-services firm's broader effort to improve an often-contentious relationship.

Read more: Uber To Allow Tips For Drivers In Reversal Of Longstanding Policy

Trump To Meet With Top Executives On Wireless Tech, Drones

Pic: ReutersU.S. President Donald Trump will discuss advanced wireless technologies and drones on Thursday with top executives at AT&T Inc, Verizon Communications Inc, T-Mobile US Inc and other firms, focusing on how government can create the right environment for breakthroughs.

Read more: Trump To Meet With Top Executives On Wireless Tech, Drones

Google Bows To Pressure To Tackle Extremist Content

Google has unveiled new measures to identify and remove extremist material after coming under increasing political pressure to do more to tackle radical content online.

Read more: Google Bows To Pressure To Tackle Extremist Content