Reuters - Technology Report

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Wednesday, November 8, 2017

Snapchat launches redesign as growth disappoints Wall Street

(Reuters) - Snap Inc is redesigning its disappearing-message app Snapchat in an attempt to reach a broader audience, going back to the drawing board as Wall Street clobbered it for another quarter of slowing user growth.

Fox in the Mouse House could give Disney an edge in streaming wars

LOS ANGELES (Reuters) - If Walt Disney Co buys some Twenty-First Century Fox businesses, it could provide a quick path for the traditional media giant to create a substantial competitor to Netflix Inc in the battle for TV and movie viewers.

Twitter to roll out 280-character tweets worldwide

(Reuters) - Microblogging website Twitter Inc , known for its iconic 140-character tweets, said on Tuesday it would roll out 280-character tweets to users across the world.

Alphabet's Waymo to launch robotaxis with no human in driver's seat

SAN FRANCISCO (Reuters) - Alphabet Inc's Waymo will launch a ride-hailing service with no human behind the steering wheel and has been testing the fully self-driving cars on public roads in Arizona, Chief Executive John Krafcik said on Tuesday.

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 their debut on Wednesday, as Hong Kong investors embrace a rush of tech listings, marking the biggest first-day gain for a large IPO globally this year.

Exchange operators believe in cryptocurrencies: CBOE

(Reuters) - The major futures exchanges believe in the development of cryptocurrency trading and will push on with launching exchange traded funds that allow investors to trade in them, chief operating officer and president of Cboe Global Markets said on Tuesday.

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 displaying content such as pornography or extremist ideology, a communications ministry official said on Wednesday.

EU's Vestager seeking details on Apple's recent tax set-up

LISBON (Reuters) - European Union regulators have asked iPhone maker Apple for details of its recent tax structure following last year's order to pay back taxes of up to 13 billion euros ($15 billion) to Ireland, Europe's anti-trust chief said on Tuesday.

Israeli start-up says Apple copied its patented smartphone camera technology

(Reuters) - An Israeli startup has sued Apple Inc, accusing the iPhone maker of copying its patented smartphone camera technology.

Uber, rival apps join forces in Brazil to stem tide of regulation

BRASILIA (Reuters) - Uber Technologies Inc [UBER.UL] has formed an unprecedented alliance in Brazil with other ride-hailing services, including its main local rival 99, to win public support to block regulation threatening the way they do business in a booming market.