Reuters Technology Report: June 22, 2017

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Thursday, June 22, 2017

Tesla reaches agreement with Shanghai to explore production: Bloomberg

Tesla's revenue from China more than tripled to over $1 billion last year, according to its annual report.

Google to push for law enforcement to have more access to overseas data

WASHINGTON (Reuters) - Alphabet Inc's Google will press U.S. lawmakers on Thursday to update laws on how governments access customer data stored on servers located in other countries, hoping to address a mounting concern for both law enforcement officials and Silicon Valley.

Exclusive: Fake online stores reveal gamblers' shadow banking system

LONDON (Reuters) - A network of dummy online stores offering household goods has been used as a front for internet gambling payments, a Reuters examination has found.

Imagination Tech up for sale after bruising Apple fight

LONDON (Reuters) - Imagination Technologies, the British firm that lost 70 percent of its value after being ditched by its biggest customer Apple, put itself up for sale on Thursday in a disappointing end to a once-great European tech success story.

Nissan-Renault plan driverless ride-hailing service to beat off startup competition

TOKYO (Reuters) - The Nissan Motor Co Ltd and Renault SA alliance plan to launch driverless ride-hailing and ride-sharing services in coming years, as the automakers look beyond making and selling cars to survive an industry being quickly transformed by new services.

Foxconn to continue to pursue Toshiba chip unit acquisition: Sharp CEO

TAIPEI (Reuters) - Taiwan's Foxconn will continue to pursue an acquisition of Toshiba Corp's chip business, a day after the troubled conglomerate chose a rival suitor as the preferred bidder, the head of Foxconn's Japanese unit said.

Daimler’s Uber rival mytaxi expands into Romania

LONDON (Reuters) - Mytaxi, the ride hailing app owned by German carmaker Daimler , has agreed to buy a Romanian rival as part of efforts to create a pan-European service to take on Uber.

Uber CEO Travis Kalanick resigns under investor pressure

SAN FRANCISCO (Reuters) - Uber Technologies Inc Chief Executive Travis Kalanick, co-founder of one of the most influential technology companies of its generation, resigned on Tuesday under pressure from investors after a string of setbacks.

Amazon's grocery push playing catch up with Chinese e-commerce giants

BEIJING (Reuters) - As Amazon.com Inc looks to swallow U.S. grocery chain Whole Foods, China's tech giants are already digesting hefty bricks-and-mortar deals, taking the lead in the battle to transform supermarket shopping with big data and better supply chains.

Russians targeted 21 election systems, U.S. official says

WASHINGTON (Reuters) - Russian hackers targeted 21 U.S. state election systems in the 2016 presidential race and a small number were breached but there was no evidence any votes were manipulated, a Homeland Security Department official told Congress on Wednesday.

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