Technology News

China electric car execs call for policy support, end to protectionism

SHANGHAI (Reuters) – Delegates to China’s annual meeting of parliament have urged the state to provide more policy clarity for the electric car industry and overhaul a local government subsidy program they say has distorted the market.

Facebook under pressure as U.S., EU urge probes of data practices

(Reuters) – British privacy regulators are seeking a warrant to search the offices of the political consultancy Cambridge Analytica late Monday following reports that the company may have improperly gained access to data on 50 million Facebook users, according to a Channel 4 television report.

‘Socially responsible’ investors reassess Facebook ownership

NEW YORK (Reuters) – With European and U.S. lawmakers calling for investigations into reports that Facebook user data was accessed by UK based consultancy Cambridge Analytica to help President Donald Trump win the 2016 election, investors are asking even more questions about the social media company’s operations.

Megaupload founder Kim Dotcom asks for Obama to appear in NZ damages case

WELLINGTON (Reuters) – Internet entrepreneur Kim Dotcom said on Tuesday he has filed an application for former U.S. President Barack Obama to appear in court in relation to a damages claim over his defunct Megaupload streaming website while Obama visits New Zealand this week.

Apple grabs two-year lead in 3D sensing race

(Reuters) – Most Android phones will have to wait until 2019 to duplicate the 3D sensing feature behind Apple’s Face ID security, three major parts producers have told Reuters, handicapping Samsung and others on a technology that is set to be worth billions in revenue over the next few years.

Whole Foods calls supplier summit amid Amazon angst

LOS ANGELES/NEW YORK (Reuters) – Whole Foods will host a summit on Tuesday for up to 200 of its suppliers, amid anxiety about how its ongoing business revamp will play out under new owner .