Today's Top Gadgets & Tech Story

VW embarks on $50 billion electrification plan

WOLFSBURG, Germany (Reuters) - Volkswagen expects to become the most profitable manufacturer of electric cars thanks to a multi-billion euro expansion plan to mass produce battery driven vehicles, Chief Executive Herbert Diess said on Friday. Read More

 

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U.S. regulator settles with tech startups over token sale violations

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission settled charges on Friday with two technology companies for improperly offering digital tokens, mandating that they register their offerings as securities and reimburse investors. More »

 

Tesla starts taking Model 3 orders in China

(Reuters) - Tesla Inc has started taking orders for its Model 3 sedan in China for a deposit of 8,000 yuan ($1,153.60), according to the electric carmaker's China website https://www.tesla.cn/model3/reserve. More »

 

Alphabet unit halts glucose-detecting contact lens project

(Reuters) - Alphabet Inc's life sciences division Verily said on Friday that it was putting on hold one of its oldest and highest-profile projects, a smart contact lens designed to help monitor sugar levels. More »

 

U.S. Senate bill vows to get tough on robocalls, up penalties

WASHINGTON (Reuters) - Two U.S. senators on Friday unveiled bipartisan legislation to toughen penalties on robocalls, make it easier for regulators to crack down on unwanted calls and compel mobile phone providers to adopt call authentication technologies. More »

 

Digital media company Technicolor explores options including sale: sources

LONDON/NEW YORK (Reuters) - Technicolor SA has been exploring options that include a full or partial sale of the French digital media company, as its set-top box business struggles because of higher prices for memory chips, people familiar with the matter said on Friday. More »

 

Supply glut mars Turing effect for Nvidia shares

(Reuters) - Worries about how fast the computing world will transition to Nvidia Corp's next generation "Turing" graphic chips helped knock 20 percent off the value of its shares on Friday, after results pointed to a huge glut of unsold older generation chips. More »

 

T-Mobile says Sprint deal may close as early as first-quarter next year

(Reuters) - T-Mobile US Inc's Chief Financial Officer said there is a possibility that its $26 billion acquisition deal of Sprint Corp will close as early as the first quarter of 2019. More »

 

Europe 5G network buildout to trigger deals, won't bust capex budgets

BARCELONA (Reuters) - The launch of fifth-generation mobile services across Europe looks set to trigger a wave of infrastructure deals as telecoms companies seek ways to upgrade their networks without busting their strained capital budgets. More »

 

The egos disbanded? Bridging the great advertising divide

BARCELONA (Reuters) - Traditional advertising groups hope that their creative flair will prevail against the technological clout of consultancies encroaching on their business, but there are signs the two sides of the divide are moving closer together. More »

 

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