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Exclusive: Toshiba now favors Bain group for chip sale; Western Digital talks stall – sources

TOKYO (Reuters) – Toshiba Corp now favors a group led by Bain Capital LP and SK Hynix Inc …read more Source: Reuters Tech News

Daimler CEO says migration to e-cars should be left up to market

FRANKFURT (Reuters) – Daimler Chief Executive Dieter Zetsche said the migration from combustion-engined cars to electric vehicles should be left …read more Source: Reuters Tech News

Valet parking startup Luxe latest casualty of on-demand bust

SAN FRANCISCO (Reuters) – Only a couple of years ago, billions of venture capital dollars were flowing into so-called on-demand …read more Source: Reuters Tech News

Toshiba still in talks over chip unit sale one day before deadline: sources

Tokyo (Reuters) – Japan’s embattled Toshiba Corp is still in discussions with various parties over the $18 billion sale …read more Source: Reuters Tech News

UK watchdog warns consumers on cryptocurrency fundraisings

LONDON (Reuters) – Intitial coin offerings (ICO), the practice of creating and selling digital currencies to finance start-up projects, are …read more Source: Reuters Tech News

Japan trials driverless cars in bid to keep rural elderly on the move

NISHIKATA, Japan (Reuters) – As the annual rice harvest begins this month in the Japanese town of Nishikata, the combines …read more Source: Reuters Tech News

PSA may move production of electric vehicle components back in-house

FRANKFURT (Reuters) – French carmaker PSA is considering moving the production of electric vehicle components back to within the …read more Source: Reuters Tech News

R3, UK regulator and banks team up on blockchain-based mortgage reporting

NEW YORK (Reuters) – New York-based software company R3 CEV has partnered with Britain’s financial watchdog and two large banks …read more Source: Reuters Tech News

Skype co-founder’s fund Atomico backs Worlds Adrift games maker

FRANKFURT (Reuters) – British games maker Bossa Studios on Tuesday said it has raised $10 million in a funding round …read more Source: Reuters Tech News

Apple set to unveil anniversary iPhone in major product launch

CUPERTINO, Calif. (Reuters) – A decade after then-CEO Steve Jobs unveiled the first iPhone, Apple Inc on Tuesday is …read more Source: Reuters Tech News