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Fitbit CFO quits to join autonomous vehicle startup

(Reuters) – Wearable device maker Fitbit Inc said Chief Financial Officer William Zerella will leave the company next week to …read more Source: Reuters Tech News

Uber jumps into Europe’s crowded bike-sharing market

BERLIN (Reuters) – Uber, the ride-hailing company which has been banned from many European cities, is about to launch its …read more Source: Reuters Tech News

Siemens investigates fatal electric aircraft crash in Hungary

ZURICH (Reuters) – Experts from Siemens are helping Hungarian authorities with their investigation after an experimental aircraft powered by one …read more Source: Reuters Tech News

U.S. officials warn Congress on risks of drones, seek new powers

WASHINGTON (Reuters) – The U.S. Department of Homeland Security (DHS) on Wednesday will urge Congress to approve legislation giving the …read more Source: Reuters Tech News

Innoviz partners with HiRain to supply lidar to Chinese automakers

JERUSALEM (Reuters) – Israel’s Innoviz Technologies and Beijing-based auto products supplier HiRain Technologies said on Wednesday they formed a partnership …read more Source: Reuters Tech News

Uber jumps into European bicycle-sharing market

(Reuters) – Ride-hailing company Uber said on Wednesday it would launch electric bicycle sharing service JUMP Bikes, which it bought …read more Source: Reuters Tech News

World’s top wealth fund opposed Musk’s double role at Tesla

OSLO (Reuters) – Norway’s $1 trillion wealth fund said on Wednesday it had backed an initiative to wrest the role …read more Source: Reuters Tech News

Foxconn imagines life beyond Apple but faces major risks as it diversifies

TAIPEI (Reuters) – Foxconn, the Taiwanese contract manufacturer that rose to global prominence as the manufacturer of the Apple iPhone, …read more Source: Reuters Tech News

Volatility may hit Wall Street as Alphabet, Facebook leave tech sector group

SAN FRANCISCO/NEW YORK (Reuters) – Volatility could well be in the cards for Wall Street again early this fall, but …read more Source: Reuters Tech News

Facebook confirms data sharing with Chinese companies

WASHINGTON (Reuters) – Facebook Inc said Tuesday it has data sharing partnerships with at least four Chinese companies including …read more Source: Reuters Tech News