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Snap says China’s Tencent holds 12 percent stake

(Reuters) – Tencent Holdings Ltd now has a 12 percent stake in Snapchat operator Snap Inc, company filings showed on …read more Source: Reuters Tech News

Russia to check if Facebook is complying with law: Ifax

MOSCOW (Reuters) – Russia’s communications regulator Roskomnadzor said on Wednesday it planned to check whether Facebook was complying with Russian …read more Source: Reuters Tech News

Goldman Sachs leads $10 million investment round in data startup Crux

NEW YORK (Reuters) – Goldman Sachs Group Inc led a $10 million investment in Crux Informatics Inc, a U.S.-based technology …read more Source: Reuters Tech News

Ford, China’s Zotye Auto invest $756 million in electric vehicle JV

HONG KONG (Reuters) – Ford Motor and China’s Anhui Zotye Automobile have agreed to invest a combined $756 million to …read more Source: Reuters Tech News

NASA contracts Uber to build flying taxi air control software

LISBON (Reuters) – Uber has struck a deal with NASA to develop software for managing “flying taxi” routes in the …read more Source: Reuters Tech News

China’s Tencent buys 12 percent stake in Snapchat owner

(Reuters) – China’s Tencent Holdings Ltd has bought a 12 percent stake in Snapchat parent Snap Inc, a regulatory filing …read more Source: Reuters Tech News

Qualcomm buy may pit Broadcom against Intel in ‘connected car’ fight

(Reuters) – If Broadcom Ltd’s unsolicited $103 billion bid for Qualcomm Inc succeeds, it could set up a battle …read more Source: Reuters Tech News

Uber in deal with NASA to build flying taxi air control software

LISBON (Reuters) – Uber has struck a deal with NASA to develop software for managing “flying taxi” routes in the …read more Source: Reuters Tech News

Indonesia plans automated system to flag contentious Internet material

JAKARTA (Reuters) – Indonesia plans to launch in January a new automated system using 44 servers to help block websites …read more Source: Reuters Tech News

Tencent’s China Literature in smashing debut, boosts outlook for Hong Kong tech IPOs

HONG KONG (Reuters) – Tencent’s e-book unit China Literature Ltd saw its shares surge more than 80 percent in …read more Source: Reuters Tech News