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Businesses, consumers uncertain ahead of China VPN ban

BEIJING (Reuters) – Businesses and consumers in China are bracing themselves ahead of a March 31 ban on non-state sanctioned virtual private networks (VPNs), saying regulators have not provided clarity on how the ban will be implemented. Source
Posted On 31 Mar 2018

Toshiba says unable to meet end-March deadline for chip unit sale

TOKYO (Reuters) – Toshiba Corp said on Friday it would not be able to complete an $18 billion deal to sell its prized chip unit by an agreed deadline at the end of March, as it had not received anti-monopoly approval from China. Source
Posted On 31 Mar 2018

Amazon cuts ties with top Washington lobbying firms: Bloomberg

(Reuters) – Online retailing behemoth Amazon.com Inc has cut ties with Washington lobbying firms Akin Gump Strauss Hauer & Feld LLP and Squire Patton Boggs, Bloomberg reported on Friday. Source
Posted On 31 Mar 2018

Foxconn fourth-quarter net profit estimated T$71.66 billion, up 4 percent from year ago

TAIPEI (Reuters) – Taiwan’s Foxconn , the world’s largest contract electronics maker and a key Apple Inc supplier, reported on Friday 4.2 percent growth in fourth quarter net profit from a year ago, defying expectations for a decline. Source
Posted On 31 Mar 2018

Zuckerberg disavows memo saying all user growth is good

SAN FRANCISCO (Reuters) – A Facebook Inc executive said in an internal memo in 2016 that the social media company needed to pursue adding users above all else, BuzzFeed News reported on Thursday, prompting disavowals from the executive and Facebook Chief Executive Officer...
Posted On 31 Mar 2018

U.S. regulator approves SpaceX plan for broadband satellite services

WASHINGTON (Reuters) – The top U.S. telecommunications regulator on Thursday gave formal approval to a plan by Elon Musk’s SpaceX to build a global broadband network using satellites. Source
Posted On 31 Mar 2018

Under Armour says 150 million MyFitnessPal accounts breached

(Reuters) – Under Armour Inc said on Thursday that data from some 150 million MyFitnessPal diet and fitness app accounts was compromised in February, in one of the biggest hacks in history, sending shares of the athletic apparel maker down 3 percent in after-hours trade. Source
Posted On 31 Mar 2018

More family members of woman killed in Uber self-driving car crash hire lawyer

PHOENIX (Reuters) – More family members of a woman killed by an Uber Technologies Inc [UBER.UL] self-driving vehicle have hired legal counsel, indicating the ride services firm’s legal problems may not be over in the first fatality caused by an autonomous car. Source
Posted On 31 Mar 2018

Tesla says crashed vehicle had been on autopilot prior to accident

LOS GATOS, California (Reuters) – Tesla Inc said on Friday that a Tesla Model X involved a fatal crash in California last week had activated its Autopilot system, raising new questions about the semi-autonomous system that handles some driving tasks. Source
Posted On 31 Mar 2018

Exclusive: Google employees organize to fight cyber bullying at work

SAN FRANCISCO (Reuters) – About 100 Google U.S. employees concerned about cyber bullying inside the company have organized into a group proposing new policies for conduct at the unit of Alphabet Inc, five people involved in the effort said in recent interviews. Source
Posted On 31 Mar 2018