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Facebook hires prominent artificial-intelligence expert to open Montreal lab

TORONTO (Reuters) – Facebook Inc plans to open an artificial-intelligence laboratory in Montreal, which will be run by prominent …read more Source: Reuters Tech News

Investor Praesidium asks Progress Software chairman to step down

(Reuters) – Activist investor Praesidium Investment Management on Friday urged Progress Software Corp’s chairman, Jack Egan, to resign, and questioned …read more Source: Reuters Tech News

Praesidium cuts stake in Progress Software, seeks board seats

(Reuters) – Activist investor Praesidium Investment Management on Friday cut its stake in Progress Software Corp and urged the company’s …read more Source: Reuters Tech News

Beijing cryptocurrency exchanges told to announce trading halt: source

SHANGHAI (Reuters) – Chinese authorities have ordered Beijing-based cryptocurrency exchanges to cease trading and immediately notify users of their closure, …read more Source: Reuters Tech News

BMW says car keys may be replaced by mobile phone apps

FRANKFURT (Reuters) – BMW is reviewing the necessity of car keys, Ian Robertson, the company’s board member responsible for …read more Source: Reuters Tech News

Beijing crypto-currency exchanges told to announce trading stop by Friday: Securities Times

SHANGHAI (Reuters) – Chinese authorities have ordered Beijing-based crypto-currency exchanges to cease trading and to tell users by Friday about …read more Source: Reuters Tech News

Angry Birds maker Rovio moves forward with $1 billion IPO

HELSINKI (Reuters) – Finnish mobile games maker Rovio Entertainment Ltd set a price range on Friday for its planned listing …read more Source: Reuters Tech News

Global e-commerce firms to be liable for Turkey tax under draft law: finance minister

ANKARA (Reuters) – Global e-commerce companies will be liable for taxes on goods sold directly to Turkish customers under a …read more Source: Reuters Tech News

Angry Birds maker Rovio sets price range for $1 billion IPO

HELSINKI (Reuters) – Finnish mobile games and animation studio Rovio Entertainment Ltd on Friday set the initial price range for …read more Source: Reuters Tech News

EU to set out options for heftier online giant tax bills: Moscovici

TALLINN (Reuters) – The European Commission will prepare in the coming days a list of legal options on how to …read more Source: Reuters Tech News