Today's Top Gadgets & Tech Story

Social media companies defend filtering practices before Congress

WASHINGTON (Reuters) - Facebook Inc , Alphabet Inc and Twitter Inc told a U.S. House panel on Tuesday that the social media companies are not discriminating against content for political reasons. Read More

 

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Toshiba may face renewed shareholder accounting claims: U.S. appeals court

(Reuters) - A U.S. appeals court gave investors in Toshiba Corp's U.S.-listed securities another chance to show they suffered losses because the Japanese industrial conglomerate misled them about its internal controls before a 2015 accounting scandal. More »

 

Tesla Model 3 is most profitable electric car: consultant

DETROIT (Reuters) - The Tesla Inc Model 3 sedan is the most profitable electric car in the automotive industry, according to the head of a top automotive consultant. More »

 

Alphabet's GV leads $16 million investment in site rental firm Peerspace

SAN FRANCISCO (Reuters) - Alphabet Inc's venture capital unit GV led a $16 million investment this month in Peerspace Inc, a self-serve online booking tool for event spaces, the firms told Reuters on Tuesday. More »

 

Walmart, Microsoft in partnership to use cloud tech

(Reuters) - Retail giant Walmart Inc said on Tuesday it entered into a strategic partnership with Microsoft Corp for wider use of cloud and artificial intelligence technology, in a sign of major rivals of Amazon.com Inc coming together. More »

 

America Movil net profit plummets in second quarter

MEXICO CITY (Reuters) - America Movil, Latin America's largest telecommunications firm by number of subscribers, reported second-quarter net profit of 818 million pesos ($41.2 million), down 94.3 percent from the same period last year. More »

 

EU's Vestager to brief Google CEO ahead of record Android fine: source

BRUSSELS (Reuters) - EU antitrust chief Margrethe Vestager will brief Google CEO Sundar Pichai by telephone later on Tuesday on her ruling on the company's Android mobile operating system, a person familiar with the matter said. More »

 

JPMorgan Chase invests in artificial intelligence startup Volley

NEW YORK (Reuters) - JPMorgan Chase & Co has made a strategic investment in Volley.com, a San Francisco-based startup that uses artificial intelligence to help large enterprises automatically generate training content for employees, the companies said on Tuesday. More »

 

Amazon, MLB add machine-learned stats to cloud deal

SAN FRANCISCO (Reuters) - Amazon.com Inc will provide a new set of real-time statistics and graphics on live baseball games later this season, expanding its cloud computing deal with U.S. Major League Baseball, the two organizations told Reuters. More »

 

Cryptocurrency firm Stellar gets Islamic finance certification

SYDNEY (Reuters) - California-based Stellar has received certification from Islamic scholars for its blockchain platform and related cryptocurrency, aiming to integrate the technology into the field of sharia-compliant financial products. More »

 

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