Category: Tech

SIMI VALLEY, Calif. (Reuters) – Amazon.com Inc founder Jeff Bezos said it would support the U.S. Department of Defense as technology companies vie for more defense contracts and the Pentagon seeks to modernize itself. “We are going to support the Department of Defense, this country is important,” Bezos said at an annual defense forum at…

WASHINGTON (Reuters) – Swedish mobile telecoms company Ericsson (ERICb.ST) has agreed to pay over $1 billion to resolve probes into corruption, including the bribing of government officials, the U.S. Department of Justice said on Friday. The bribery took place over many years in countries including China, Vietnam and Djibouti, the department said. The total charges…

LOS ANGELES (Reuters) – Tesla Inc boss Elon Musk emerged victorious on Friday from a closely watched defamation trial as a federal court jury swiftly rejected the $190 million claim brought against him by a British cave explorer who Musk had branded a “pedo guy” on Twitter. The unanimous verdict by a panel of five…

(Reuters) – Elon Musk’s daring has left its mark on electric cars and rockets, and now experts say the entrepreneur may have reshaped U.S. defamation law with his willingness to defend at a high-stakes trial a lawsuit over an off-the-cuff tweet. The victory by Tesla Inc’s outspoken chief executive over a Twitter message describing a…

(Reuters) – Amazon.com Inc said on Friday it would open a new office in New York’s Manhattan to house its consumer and advertising teams. The office will open in 2021 and accommodate more than 1,500 employees, the company said. In February, Amazon scrapped its plans for New York headquarters after local opposition to its proposed…

LOS ANGELES (Reuters) – A U.S. District Court jury in Los Angeles on Friday found in favor of Tesla Inc (TSLA.O) boss Elon Musk in the defamation lawsuit brought against him by a British cave explorer who Musk had branded a “pedo guy” on Twitter. The verdict was delivered on the fourth day of the…

WASHINGTON (Reuters) – The chairman of the House Transportation and Infrastructure Committee urged Uber Technologies Inc to take action after the company disclosed on Thursday it received over 3,000 reports of sexual assault related to its 1.3 billion rides in the United States last year. Representative Peter DeFazio, a Democrat, on Friday praised Uber for…

SAO PAULO (Reuters) – Brazilian delivery app Loggi must formalize work relationships with its motorbike drivers and pay charities 30 million reais as a fine for not previously contracting the workers, according to a Sao Paolo court ruling released on Friday. Around 15,000 couriers use motorbikes, which can cut through heavy traffic, to deliver a…

(Reuters) – The Trump administration is considering putting some of Amazon.com Inc’s (AMZN.O) overseas websites on a list of global marketplaces known for counterfeit goods, the Wall Street Journal reported on Friday, citing people familiar with the matter. The action would be taken by the U.S. Trade Representative’s Office through its annual “Notorious Markets” list, the…

STOCKHOLM (Reuters) – Epidemic Sound, backed by Spotify’s investors, is one of a new wave of music companies expanding rapidly on the back of demand for easy access to original music from commercial users, especially YouTubers. The global market for digital content creation, a rapidly expanding part of the entertainment industry and the quickest growing…