Reuters - Technology Report

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Monday, December 4, 2017

Broadcom set to unveil challenge to Qualcomm's board: sources

(Reuters) - Chipmaker Broadcom Ltd will take its first formal step on Monday toward a hostile bid to take over Qualcomm Inc , unveiling nominees whom Qualcomm shareholders can vote on to replace the U.S. semiconductor company's board of directors, according to people familiar with the matter.

Uber joins forces with global public transport association

BRUSSELS (Reuters) - Ride-hailing app Uber [UBER.UL] said on Monday it was joining a global public transport association to improve mobility in the cities it operates in.

UK pushing to include Bitcoin under money-laundering rules

LONDON (Reuters) - Britain wants to increase regulation of Bitcoin and other digital currencies by expanding the reach of European Union anti-money-laundering rules that force traders to disclose their identities and report suspicious activity.

China think tank calls for 'democratic' internet governance

WUZHEN, China (Reuters) - China ranks fifth among 38 nations globally in standards of cyber governance, a top state-backed internet think tank said on Monday, calling for a 'democratic' internet governance system to eradicate inequalities it said marginalized developing nations.

Australia to probe Facebook, Google over media disruption

SYDNEY (Reuters) - Australia's competition regulator said on Monday it would investigate whether U.S. online giants Facebook and Alphabet Inc's Google has disrupted the news media market to the detriment of publishers and consumers.

Singapore researchers' underwater robot inspired by manta ray

SINGAPORE (Reuters) - Researchers in Singapore have built an underwater robot that looks and swims like a manta ray, using only single motors and flexible fins to propel it through water in a manner uncannily like its biological cousin.

Growth, healing: New CEO faces twin tests at India's Infosys

MUMBAI (Reuters) - Investors on Monday cheered the appointment of Infosys Ltd's new chief executive, in hopes the Indian IT services firm can move past a costly boardroom spat, though questions remain over how the new boss will navigate strained corporate ties internally.

Facebook opens new London hub, to create 800 UK jobs

LONDON (Reuters) - Facebook opened its new London office on Monday and said it would add another 800 jobs in the capital next year, underlining its commitment to Britain as the country prepares for Brexit.

China's Xi says country will not close door to global internet

WUZHEN, China (Reuters) - Chinese President Xi Jinping said on Sunday the country will not close its door to the global internet, but that cyber sovereignty is key in its vision of internet development.

TIM's board to discuss network options this week: source

MILAN (Reuters) - The board of Telecom Italia (TIM) will this week discuss options for its fixed-line network, including possibly splitting it off, although no decision is expected to be made, a source close to the company said on Sunday.