First driverless taxi hits the streets of Singapore

By Christophe Van Der Perre SINGAPORE (Reuters) – The first driverless taxi began work on Thursday in a limited public trial on the streets of Singapore.     Developer nuTonomy invited a select group of people to download their app and ride for free in its “robo-taxi” in a western Singapore hi-tech business district, hoping to get feedback ahead of a planned dull launch of the service in 2018. “This is really a moment in history that's going to change how cities are built, how we really look at our surroundings,” nuTonomy executive Doug Parker told Reuters. Parker, whose company has partnered with the Singapore government on the project, said he hoped to have 100 taxis working commercially in the Southeast Asian citystate by 2018.

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First driverless taxi hits the streets of Singapore

HP Inc beats estimates, weak printer demand weighs on forecast

By Aishwarya Venugopal (Reuters) – HP Inc , the hardware business of the former Hewlett-Packard Co, reported higher-than-expected quarterly revenue and profit as demand recovered for its notebooks. However, HP forecast current-quarter profit below analysts' estimates, reflecting weak sales of its printers as companies cut costs across industries. HP's shares fell nearly 6 percent in extended trading on Wednesday. Third-quarter revenue from the company's computer business rose 7.5 percent from the second quarter as sales of notebooks improved. …

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HP Inc beats estimates, weak printer demand weighs on forecast

Tesla touts vehicle speed and range with new upgraded battery

By Alexandria Sage SAN FRANCISCO (Reuters) – Tesla Motors Inc Chief Executive Elon Musk said on Tuesday the company will offer a larger upgraded battery pack for performance versions of its Model S and X vehicles that will extend range and allow for super fast acceleration. The new 100 kilowatt hour battery pack means high end versions of the Model S sedan, called the P 100D, will be the world's fastest accelerating car in production, the Silicon Valley automaker said. “These are very profound milestones and I think will help convince people around the world that electric is the future,” said Musk on a conference call with journalists.

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Tesla touts vehicle speed and range with new upgraded battery

Russians suspected in hack of New York Times, other U.S. media: CNN

The FBI and other U.S. security agencies are investigating cyber breaches targeting reporters at the New York Times and other U.S. news organizations that are thought to have been carried out by hackers working for Russian intelligence, CNN reported on Tuesday, citing unnamed U.S. officials. “Investigators so far believe that Russian intelligence is likely behind the attacks and that Russian hackers are targeting news organizations as part of a broader series of hacks that also have focused on Democratic Party organizations, the officials said,” CNN said. The FBI declined to comment, and representatives for the U.S. Secret Service, which has a role in protecting the country from cyber crime, did not immediately reply to a request for comment.

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Russians suspected in hack of New York Times, other U.S. media: CNN

Facebook can climb more than 20 percent on ad growth: Barron’s

Facebook Inc stock has the potential to climb by more than 20 percent over the next year given the growing advertising revenue among its platforms, according to a Barron's report on Sunday. The social media giant, which traded at just under $124 a share on Friday, has seen a recent acceleration in growth in part because of its increasing mobile ad load, or, the number of ads Facebook can serve up to its users, the report said. Facebook also has other avenues of ad load growth, including Instagram, Messenger and WhatsApp, which have yet to fill up on ads, it said.

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Facebook can climb more than 20 percent on ad growth: Barron’s

Facebook can climb more than 20 percent on ad growth: Barron’s

Facebook Inc stock has the potential to climb by more than 20 percent over the next year given the growing advertising revenue among its platforms, according to a Barron's report on Sunday. The social media giant, which traded at just under $124 a share on Friday, has seen a recent acceleration in growth in part because of its increasing mobile ad load, or, the number of ads Facebook can serve up to its users, the report said. Facebook also has other avenues of ad load growth, including Instagram, Messenger and WhatsApp, which have yet to fill up on ads, it said.

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Facebook can climb more than 20 percent on ad growth: Barron’s

Incoming Viacom CEO plans investor campaign as shakeup looms

By Jessica Toonkel NEW YORK (Reuters) – As Viacom Inc prepares for the impending departure of CEO Philippe Dauman, his interim replacement, Thomas Dooley, is planning to reach out to investors, setting a new tone for a company that has kept communications minimal. Dooley plans to set up meetings between shareholders and heads of Viacom networks, which include Comedy Central, MTV and Nickelodeon, two people familiar with the situation said on Friday. Viacom has been embroiled in a legal battle between Dauman and some members of its board on one side and controlling shareholder Sumner Redstone and his daughter, Shari Redstone, on the other, over control of Redstone's $40 billion media empire, which includes Viacom and CBS Corp .

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Incoming Viacom CEO plans investor campaign as shakeup looms

AT&T, Apple, Google to work on ‘robocall’ crackdown

By David Shepardson WASHINGTON (Reuters) – More than 30 major technology and communication companies said on Friday they are joining the U.S. government to crack down on “robocalls,” automated, prerecorded phone calls that regulators have labeled a “scourge.” AT&T Inc , Google parent Alphabet Inc , Apple Inc , Verizon Communications Inc and Comcast Corp are among members of the “Robocall Strike Force” that held its first meeting with the U.S. Federal Communications Commission. The strike force will report to the FCC by Oct. 19 on “concrete plans to accelerate the development and adoption of new tools and solutions,” said AT&T Chief Executive Officer Randall Stephenson, chairman of the group.

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AT&T, Apple, Google to work on ‘robocall’ crackdown

Massachusetts to tax ride-hailing apps, give the money to taxis

Massachusetts is preparing to levy a 5-cent fee per trip on ride-hailing apps such as Uber and Lyft and spend the money on the traditional taxi industry, a subsidy that appears to be the first of its kind in the United States. “I don't think we should be in the business of subsidizing potential competitors,” said Kirill Evdakov, the chief executive of Fasten, a ride service that launched in Boston last year and also operates in Austin, Texas. Some taxi owners wanted the law to go further, perhaps banning the start-up competitors unless they meet the requirements taxis do, such as regular vehicle inspection by the police.

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Massachusetts to tax ride-hailing apps, give the money to taxis

Pokemon Go spurs lifestyle changes, business boom as it rolls out in Asia

By Eveline Danubrata and Glenys Kirana JAKARTA (Reuters) – Asian fans of smartphone game Pokemon Go are hunting out the best telecom providers and network gear to overcome the hurdle posed by patchy network signals in their race to capture virtual cartoon characters. From Indonesia to Hong Kong and Cambodia, the wild popularity of Nintendo's augmented reality app is also driving lifestyle changes for many gamers, who must trudge through real-life locations in their quest. The game launched in many Southeast Asian countries on Aug. 5, a month after the United States, New Zealand and Australia, but enthusiasts are finding they must first vanquish shaky transmission signals.

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Pokemon Go spurs lifestyle changes, business boom as it rolls out in Asia