Today's Top Gadgets & Tech Story

Acquisitions accelerate as tech giants seek to build AI smarts

SAN FRANCISCO (Reuters) - A total of 34 artificial intelligence startups were acquired in the first quarter of this year, more than twice the amount of activity in the year-ago quarter, according to the research firm CB Insights. Read More

 

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Major U.S. tech firms press Congress for internet surveillance reforms

WASHINGTON (Reuters) - Facebook, Amazon and more than two dozen other U.S. technology companies pressed Congress on Friday to make changes to a broad internet surveillance law, saying they were necessary to improve privacy protections and increase government transparency. More »

 

Japan, South Korea drive global bitcoin prices as retail investor pile in

HONG KONG (Reuters) - Japanese and South Korean buying helped drive the price of bitcoin to an all-time high this week, with the digital currency more than doubling its value since the start of the year, analysts and market practitioners said on Friday. More »

 

Chipotle says hackers stole payment card info in data breach

(Reuters) - Chipotle Mexican Grill Inc said on Friday hackers used malware to steal customers card data, including account number, expiration date and internal verification codes, from payment systems at some of its restaurants between March 24 and April 18. More »

 

China LeEco's sports unit says valued at $3.5 billion after new funding round

BEIJING/SHANGHAI (Reuters) - Chinese tech conglomerate LeEco's sports unit said it completed a new round of funding that valued it at 24 billion yuan ($3.50 billion) and that its investors will form a new committee to supervise its finances. More »

 

Yahoo hacking suspect appeals denial of bail in Canada

TORONTO (Reuters) - A Canadian suspected of involvement in a massive 2014 breach of Yahoo email accounts linked to Russia is appealing a decision to hold him in custody pending an extradition hearing, the man's lawyer said on Friday. More »

 

Italian court overturns Uber ban

ROME (Reuters) - A Rome court annulled a short-lived ban on ride-hailing app Uber on Friday in the latest twist to a battle between the San Francisco-based multinational and Italy's traditional taxi cabs. More »

 

Coinbase suffers outages amid bitcoin surge

(Reuters) - Coinbase said on Thursday it suffered outages this week as the bitcoin exchange saw "unprecedented traffic and trading," with the digital currency hitting record levels. More »

 

Global chat platform Kik to launch digital currency

NEW YORK (Reuters) - Kik Interactive, which created the chat platform Kik, said on Thursday it was launching a crypto-currency or token called Kin that would enable customers to use a whole range of digital services. More »

 

Vodafone's M-pesa money service to expand further into Africa: CEO

NAIROBI (Reuters) - Vodafone's popular mobile financial services M-Pesa will expand into more African countries, giving millions of people access to banking services without the need for a bank account, the chief executive of Safaricom said. More »

 

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