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Intel’s $15 billion purchase of Mobileye shakes up driverless car sector

Intel Corp (INTC.O) agreed to buy Israeli autonomous vehicle technology firm Mobileye (MBLY.N) for $15.3 billion on Monday in a deal that could thrust the U.S. chipmaker into direct competition with rivals Nvidia Corp (NVDA.O) and Qualcomm Inc (QCOM.O) to develop driverless systems for global automakers. The pricey acquisition of …

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Alphabet adds patent claim to Uber intellectual property theft lawsuit

Alphabet Inc’s (GOOGL.O) self-driving car unit Waymo on Friday added a new patent claim to its intellectual property lawsuit against Uber Technologies Inc and requested a preliminary injunction to stop the ride-sharing service from using what it says is proprietary information, a court filing showed. The two Silicon Valley companies …

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WikiLeaks offers CIA hacking tools to tech companies: Assange

Wikileaks will provide technology companies with exclusive access to CIA hacking tools that it possesses so they can patch software flaws, founder Julian Assange said on Thursday, presenting Silicon Valley with a potential dilemma on how to deal with the anti-secrecy group. If the offer is legitimate, it would place …

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CIA ‘mission’ on cars shows concern about next-generation vehicles

WikiLeaks documents showing the U.S. Central Intelligence Agency considered a “mission” against connected car technology underscores auto industry concern that the science behind the next generation of vehicles could be turned against them. Cyber security is considered key to the rollout of tomorrow’s self-driving and today’s connected cars, which resemble …

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WikiLeaks says it releases files on CIA cyber spying tools

Anti-secrecy group WikiLeaks on Tuesday published what it said were thousands of pages of internal CIA discussions about hacking techniques used over several years, renewing concerns about the security of consumer electronics and embarrassing yet another U.S. intelligence agency. The discussion transcripts showed that CIA hackers could get into Apple …

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Self-driving bus with no back-up driver nears California street

A pair of $250,000 autonomous buses began driving around an empty San Francisco Bay Area parking lot on Monday, preparing to move onto a local public road in California’s first pilot program for a self-driving vehicle without steering wheel or human operator. California and other states are weighing the opportunities …

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Uber used secret tool to evade authorities

Ride services company Uber Technologies Inc [UBER.UL] for years has used a secret tool to avoid authorities in markets where its service faced resistance by law enforcement or was banned, the company confirmed on Friday. The New York Times first reported the existence of the program, called Greyball, which uses …

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NBCUniversal invests $500 million in Snap’s IPO

Comcast Corp’s (CMCSA.O) NBCUniversal has invested $500 million in Snapchat owner Snap Inc (SNAP.N), according to a memo on Friday, its latest move aimed at driving digital growth as more viewers go online for their favorite content. Like other traditional U.S. media companies, NBCU is pushing more into digital media, …

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Spotify says it reaches 50 million paid subscribers

Spotify said on Thursday it has reached 50 million paid subscribers, growing 25 percent in less than six months and extending the Swedish music streaming service’s lead over its closest rival, Apple Music. Spotify, which has not yet shown a profit as it spends to grow internationally, is considering a …

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Snap tops expectations in pricing of long-awaited IPO

Snap Inc priced its initial public offering above its target range on Wednesday, raising $3.4 billion as investors set aside concerns about its lack of profits and voting rights for a piece of the hottest tech IPO in years. At $17 a share, the parent of popular disappearing-messaging app Snapchat …

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