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Chinese tech giant Tencent takes 5 percent stake in Tesla

Tesla Inc (TSLA.O) said on Monday that Chinese tech giant Tencent Holdings Ltd (0700.HK) has invested $1.78 billion in the electric carmaker for a 5 percent passive stake. Tencent, best known for its WeChat mobile app, has been investing in a number of sectors, including gaming, entertainment, cloud computing and online financing. Tencent now owns more than 8......
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Uber suspends self-driving car program after Arizona crash

Uber Technologies Inc [UBER.UL] suspended its pilot program for driverless cars on Saturday after a vehicle equipped with the nascent technology crashed on an Arizona roadway, the ride-hailing company and local police said. The accident, the latest involving a self-driving vehicle operated by one of several companies experimenting with autonomous vehicles, caused no serious injuries, Uber said.Even so, the company said it was grounding driv......
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Chinese court rules in favor of Apple in local design patent disputes

BEIJING A Chinese court has ruled in favor of Apple in design patent disputes between the Cupertino, California company and a domestic phone-maker, overturning a ban on selling iPhone 6 and iPhone 6 Plus phones in China, Xinhua news agency reported.Last May, a Beijing patent regulator ordered Apple's Chinese subsidiary and a local retailer Zoomflight to stop selling the iPhones after Shenzhen Baili Marketing Services lodged a complaint, cla......
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Food startup Eatsa sued for not making kiosks accessible to blind

Fast food startup Eatsa is being sued by disability rights advocates for not including accessibility features for the blind.Eatsa lets customers order from tablets and pick up their food minutes later from cubicles, eliminating the need for front-of-the-restaurant staff. The suit claims that although the technology to make touchscreens and self-service food pick-up usable for blind and low-vision customers i......
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Wells Fargo introduces cardless ATMs across U.S. in digital push

By Tina Bellon | NEW YORK NEW YORK Starting on Monday, Wells Fargo & Co depositors can withdraw money using a smartphone at any branded ATM, the latest sign of U.S. lenders moving away from traditional brick-and-mortar banking.Jonathan Velline, Wells Fargo's head of ATM and store strategy, said that the San Francisco-based bank decided to apply the smartphone technology to all of its 13,000 cash machines after piloting t......
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Drone-catchers emerge on a new aerial frontier

By Stephen Nellis | SAN LEANDRO, Calif. SAN LEANDRO, Calif. The enemy drone whined in the distance. The Interceptor, a drone-hunting machine from Silicon Valley startup Airspace Systems, slinked off its launch pad and dashed away in hot pursuit.The hunter twisted through the air to avoid trees, homed in on its target, fired a Kevlar net to capture it, and then carried the rogue drone back to its base like a bald eagle with a......
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Uber president Jeff Jones quits, deepening turmoil

By Heather Somerville | SAN FRANCISCO SAN FRANCISCO Ride services company Uber Technologies Inc [UBER.UL] has been thrust deeper into turmoil with the departure of company president Jeff Jones, a marketing expert hired to help soften its often abrasive image.Jones quit less than seven months after joining the San Francisco company, an Uber spokesman said on Sunday.In a statement to Reuters, Jones said he could not continue a......
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Germany's Merkel calls for standardized European rules on using data

BERLIN German Chancellor Angela Merkel called on Saturday for Europe to set about standardizing rules on using data in Europe, ahead of a visit to the CeBIT technology fair in Hanover where digitalization is expected to be in focus."We want to create a digital single European market. That means we need to have legal situations that are as similar as possible in all European countries," Merkel said in her weekly video podcast. ......
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Nokia's mobile networks head quits, to split business

HELSINKI Nokia's (NOKIA.HE) head of mobile networks, the division which accounted for more than half of Finnish telecom network equipment maker's sales last year, is leaving the company.Nokia said on Friday it would break out services as a distinct business group from mobile networks following the departure of Samih Elhage, who joined the company in 2012 and helped to turn around its network business at a time when it was a troubled joint v......
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