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Facebook trial over Class C stock canceled: Delaware court

WILMINGTON, Del. (Reuters) – Facebook Inc’s trial over a shareholder lawsuit opposing the company’s stock reclassification has been canceled, according …read more Source: Reuters Tech News

Around the world, a muted launch for Apple’s iPhone 8

SAN FRANCISCO/SYDNEY/TOKYO (Reuters) – Apple Inc’s launch of the iPhone 8 kicked off with less fanfare on Friday than …read more Source: Reuters Tech News

French president says Nokia job cut plan breaks commitment

PARIS (Reuters) – French President Emmanuel Macron said on Friday a decision by Finnish telecom equipment maker Nokia to cut …read more Source: Reuters Tech News

Wal-Mart tests direct-to-fridge; Amazon ups restaurant game

(Reuters) – Wal-Mart Stores Inc is testing a service to stock groceries directly to customers’ refrigerators as it seeks to …read more Source: Reuters Tech News

‘Unfit’ Uber stripped of London license

LONDON (Reuters) – London deemed Uber unfit to run a taxi service on Friday and stripped it of its license …read more Source: Reuters Tech News

ECB’s Constancio compares Bitcoin to Dutch tulip mania

FRANKFURT (Reuters) – Bitcoin is not a currency but a mere instrument of speculation, the vice president of the European …read more Source: Reuters Tech News

SolarCity to pay $29.5 million to resolve U.S. government allegations

WASHINGTON (Reuters) – SolarCity has agreed to $29.5 million to settle U.S. allegations that it had violated federal law “by …read more Source: Reuters Tech News

Exclusive: VW moves to secure cobalt supplies in shift to electric cars

LONDON (Reuters) – Germany’s Volkswagen is moving to secure long-term supplies of cobalt, a vital component of rechargeable batteries, …read more Source: Reuters Tech News

Uber stripped of London license, plans to appeal

LONDON (Reuters) – London stripped Uber on Friday of its license to operate from the end of next week in …read more Source: Reuters Tech News

Food ordering company Olo ties up with Amazon Restaurants

(Reuters) – Online food ordering company Olo said on Friday it has tied up with retailer Amazon.com Inc’s restaurant delivery …read more Source: Reuters Tech News