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India’s Paytm in talks with SoftBank to raise $1.2 to $1.5 billion: report

(Reuters) – Electronics payments provider Paytm is in talks with Japan’s SoftBank Group to raise $1.2 to $1.5 billion …read more Source: Reuters Tech News

China EV start-up Nio to sell mass-production car next year

SHANGHAI (Reuters) – Chinese electric vehicle start-up Nio will start selling its first mass-production vehicle next year, the firm said …read more Source: Reuters Tech News

Baidu to launch autonomous car technology in July

(Reuters) – Baidu Inc said on Tuesday it would open its self-driving car technology for restricted environment in July this …read more Source: Reuters Tech News

Vivendi mulls complaint to EU Commission after Italy regulator decision

PARIS/MILAN (Reuters) – France’s Vivendi said on Tuesday it would consider submitting a formal complaint to the European Commission after …read more Source: Reuters Tech News

Inspired by Pokemon Go, Facebook pushes augmented reality

SAN JOSE, Calif. (Reuters) – Facebook Inc is trying to seize on the technology known as augmented reality, a mix …read more Source: Reuters Tech News

Italy regulator gives Vivendi a year to cut stake in either Telecom Italia or Mediaset

MILAN (Reuters) – Italy’s communications authority (AGCOM) said on Tuesday France’s Vivendi had one year to cut its stake in …read more Source: Reuters Tech News

Intuitive Surgical first-quarter sales, profit top expectations

(Reuters) – Intuitive Surgical Inc on Tuesday reported higher-than-expected first-quarter revenue and profit on increased sales of its da …read more Source: Reuters Tech News

Wells Fargo tests Facebook chatbot

NEW YORK (Reuters) – Wells Fargo & Company is testing a “chatbot”, an automated program that can communicate with …read more Source: Reuters Tech News

Yahoo’s first-quarter revenue jumps 22 percent

(Reuters) – Yahoo Inc reported a 22.1 percent increase in quarterly revenue on Tuesday, ahead of the sale of …read more Source: Reuters Tech News

IBM’s quarterly revenue falls nearly 3 percent

(Reuters) – International Business Machines Corp’s revenue declined for the 20th quarter in a row, hurt in the latest …read more Source: Reuters Tech News