Reuters - Technology Report

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Friday, December 15, 2017

Bitcoin hits new record high as warnings grow

LONDON (Reuters) - Bitcoin blasted to another all-time high of just over $17,750 on Friday, up 8 percent on the day, as concerns grew over the risks of investing in the highly volatile and speculative instrument.

Uber investor departs venture firm amid harassment claims

SAN FRANCISCO (Reuters) - Silicon Valley investor Shervin Pishevar, known for his early bet on Uber Technologies Inc [UBER.UL], said on Thursday that he would sever ties with his venture capital company, Sherpa Capital, after being accused of sexual misconduct.

Siemens partners with Amazon as it ramps up industrial software platform

MUNICH (Reuters) - Siemens is partnering with Amazon as it accelerates the rollout of its MindSphere industrial software platform, the core of its bid to dominate the market in digital factory automation.

BT and Sky strike deal to carry each other's channels

LONDON (Reuters) - Britain's leading pay-TV companies Sky and BT have agreed to supply their most popular channels to each other's platforms in a thawing of a once difficult relationship.

U.S. regulators ditch net neutrality rules as legal battles loom

WASHINGTON (Reuters) - The U.S. Federal Communications Commission voted along party lines on Thursday to repeal landmark 2015 rules aimed at ensuring a free and open internet, setting up a court fight over a move that could recast the digital landscape.

Transneft says its computers were used for mining cryptocurrency

MOSCOW (Reuters) - Computers at Transneft have been used for the unauthorized manufacture, or "mining", of the cryptocurrency Monero, a vice-president of the Russian pipeline operator said.

Luxembourg challenges EU order to recover tax from Amazon

BRUSSELS (Reuters) - Luxembourg is challenging a European Union order to recover about 250 million euros ($295 million) in back taxes from Amazon, saying it disagreed with EU state aid regulators' decision that the U.S. online retailer had received special treatment.

India raises import tax on cellphones, move to hurt Apple

NEW DELHI (Reuters) - India has increased the import tax on dozens of electronic products such as mobile phones and television sets, a government statement said, to help curb supplies from overseas and build up the domestic industry.

SAP says one-off item to reduce 2017 tax bill

FRANKFURT (Reuters) - German business software group SAP SE said on Friday lowered the forecast for its expected effective tax rate in 2017 to reflect the impact of an intra-group transfer of intellectual property rights.

BMW to build Czech test track for self-driving cars

BERLIN (Reuters) - German luxury automaker BMW said on Friday it will spend over 100 million euros ($118 million) on a test track for self-driving and electric cars in the Czech Republic, as it expands its foray into alternative driving technologies.