Mon05012017

LAST_UPDATEMon, 01 May 2017 10am

Uber Extends Sexual Harassment Probe; Expects Report By End-May

Uber Technologies Inc said it has extended its internal investigation into sexual harassment claims in its own organization, and a report is expected by the end of May.

Read more: Uber Extends Sexual Harassment Probe; Expects Report By End-May

Sony Lifts Annual Profit Estimate On Lower Amortization Costs

Pic: ReutersJapan's Sony Corp (6758.T) raised its operating profit estimate for the year ended March 31 thanks to lower amortization costs for its financial services segment.

Read more: Sony Lifts Annual Profit Estimate On Lower Amortization Costs

Elon Musk On Mission To Link Human Brains With Computers In Four Years: Report

Pic: ReutersTesla Inc (TSLA.O) founder and Chief Executive Elon Musk said his latest company Neuralink Corp is working to link the human brain with a machine interface by creating micron-sized devices.

Read more: Elon Musk On Mission To Link Human Brains With Computers In Four Years: Report

Canada Just Ruled To Uphold Net Neutrality

On Thursday afternoon, the Canadian Radio-television and Telecommunications Commission (CRTC), the country's federal telecom regulator, dropped a bombshell ruling on the status of net neutrality—the principle that all web services should be treated equally by providers. And, blessedly, it's good news.

Read more: Canada Just Ruled To Uphold Net Neutrality

India’s Leading IT Firm Wipro Sacks Hundreds Of Employees

NEW DELHI -- India's third largest software services exporter, Wipro, has sacked hundreds of employees after a performance review, Indian media reported, indicating a stress in the country's information technology (IT) industry.

Read more: India’s Leading IT Firm Wipro Sacks Hundreds Of Employees

Spotify Ensures Independent Artists Are On Board With Fresh Deal

Pic: ReutersSTOCKHOLM/LONDON: Music streaming service Spotify said on Thursday it has renewed a nine-year-old licensing deal with independent digital agency Merlin that has proven essential to its enduring appeal to dedicated music fans even as it has become more mainstream.

Read more: Spotify Ensures Independent Artists Are On Board With Fresh Deal

Flying Car Costing More Than $1 Million Goes On Show In Monaco

Pic: ReutersA Slovakia-based company unveiled the commercial design for a flying car priced at more than $1 million on Thursday, saying it was ready for pre-orders with first deliveries expected by 2020.

Read more: Flying Car Costing More Than $1 Million Goes On Show In Monaco

Wendy's Replacing Workers With Machines Because Of Rising Wage Cost

One of the biggest burger chains in the world has announced plans to replace workers with machines to combat the rising cost of minimum wages.

Read more: Wendy's Replacing Workers With Machines Because Of Rising Wage Cost

Western Digital Would Consider Japan Partners For Toshiba Chip Unit Bid

Pic: ReutersWestern Digital Corp (WDC.O), the U.S. partner of Toshiba Corp (6502.T) in a semiconductor venture, is in talks with Japanese government-backed investors and would consider a joint bid with them for the chip business, a senior official said on Thursday.

Read more: Western Digital Would Consider Japan Partners For Toshiba Chip Unit Bid

Western Digital CFO: Would Consider Bid With INCJ, DBJ For Toshiba Chip Unit

Western Digital Corp, the U.S. partner of Toshiba Corp in a semiconductor venture, is in talks with state-backed fund Innovation Network Corp of Japan (INCJ) and the Development Bank of Japan and would consider a joint bid with them for the chip business, a senior official said on Thursday.

Read more: Western Digital CFO: Would Consider Bid With INCJ, DBJ For Toshiba Chip Unit