Today's Top Gadgets & Tech Story

Israeli visual aid company OrCam valued at $1 billion

JERUSALEM (Reuters) - Israel's OrCam, which has developed a visual aid for the blind, has completed a funding round that values the company at $1 billion, putting it on track for a planned initial public offering (IPO), its chief executive said on Tuesday. Read More

 

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Japan's Sony Corp to form alliance to build taxi-hailing system: Nikkei

(Reuters) - Japan's Sony Corp plans to form a joint venture to develop an artificial intelligence-based taxi-hailing system in Japan, the Nikkei Asian Review reported on Tuesday. More »

 

Russia looms large as U.S. election officials prep for 2018

WASHINGTON (Reuters) - Ten months before the United States votes in its first major election since the 2016 presidential contest, U.S. state election officials huddled in Washington this weekend to swap strategies on dealing with an uninvited guest: Russia. More »

 

Congress sets sights on federal cryptocurrency rules

WASHINGTON (Reuters) - Jolted by the global investment craze over bitcoin and other cryptocurrencies, U.S. lawmakers are moving to consider new rules that could impose stricter federal oversight on the emerging asset class, several top lawmakers told Reuters. More »

 

Alibaba, Tencent rally troops amid $10 billion retail battle

SHANGHAI (Reuters) - China's tech giants Alibaba Group Holding Ltd and Tencent Holdings Ltd <0700.HK>, worth a combined $1 trillion, are on a retail investment binge, forcing merchants to choose sides amid a battle for shoppers' digital wallets. More »

 

BoE's Carney says Bitcoin has 'pretty much failed' as currency

LONDON (Reuters) - Bitcoin has failed as a currency measured by standard benchmarks, and is neither a store of value nor a useful way to buy things, Bank of England Governor Mark Carney said on Monday. More »

 

Uber drops opposition to London language test

LONDON (Reuters) - Taxi app Uber [UBER.UL] is dropping a legal appeal against the introduction of more stringent English language tests for drivers in London after the city's transport regulator said it would water down its stringent proposals. More »

 

Singapore competition agency to look closer at Uber tie-up with ComfortDelGro

SINGAPORE (Reuters) - Singapore's competition commission said on Monday it plans to do further in-depth assessment of the tie-up between the city-state's top taxi operator, ComfortDelGro, and Uber [UBER.UL], after an initial review. More »

 

U.N. chief urges global rules for cyber warfare

LISBON (Reuters) - U.N. Secretary General Antonio Guterres called on Monday for global rules to minimize the impact of electronic warfare on civilians as massive cyber attacks look likely to become the first salvoes in future wars. More »

 

Facebook plans to use U.S. mail to verify IDs of election ad buyers

WASHINGTON (Reuters) - Facebook Inc will start using postcards sent by U.S. mail later this year to verify the identities and location of people who want to purchase U.S. election-related advertising on its site, a senior company executive said on Saturday. More »

 

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