Reuters Technology Report: July 27, 2015

Click to View in Browser Monday, July 27, 2015 Facebook to scale up free mobile Internet service to boost usage MUMBAI (Reuters) - Facebook Inc plans to scale up its service to offer free basic Internet on mobile phones, an executive said, after introducing the application in 17 developing countries over the past year. Apple Watch to be sold at Best Buy stores from August (Reuters) - The Apple Watch will be available at stores of Best Buy Co Inc , the largest U.S. consumer electronics chain, starting Aug. 7. Bolivia is tripling the size of its subway in the sky LA PAZ (Reuters) - Bolivia already has the largest urban cable car system in the world. Now the booming country is tripling the size of the network and will soon have nine lines whizzing above the administrative capital of La Paz. Taxi laws need post-Uber rethink, French economy minister says (Reuters) - Taxi legislation needs to adapt to the arrival of online ride-hailing services like Uber, France's Economy Minister Emmanuel Macron said on Monday as he convened talks to address the controversial issue. Chi-X founder in blockchain trading technology venture LONDON (Reuters) - One of the founders of trading venue Chi-X Europe is joining the race to bring "blockchain" technology, the system that tracks and identifies transactions in digital-currency bitcoin, to the wider financial world. Gambling firm GVC raises offer to $1.6 billion for rival Bwin.party LONDON (Reuters) - Online gambling firm GVC Holdings returned on Monday with a new 1 billion-pound ($1.55 billion) bid for rival Bwin.party Digital Entertainment , looking to trump a recently accepted offer from 888 . Canon cuts outlook as weak camera sales hit second-quarter profit TOKYO (Reuters) - Japan's Canon Inc cut its earnings outlook for the full year and reported a 16 percent fall in quarterly profit as consumers, increasingly in the habit of taking photos with their smartphones, bought fewer compact digital cameras. Daimler to test self-driving trucks in Germany this year: paper FRANKFURT (Reuters) - German carmaker Daimler is planning to test self-driving trucks as early as this year, executive board member Wolfgang Bernhard told a German newspaper. Facebook partnership a boon for video technology firm Bidalgo TEL AVIV (Reuters) - Facebook marketing partner Bidalgo targets a tripling in sales in 2015 as its new technology to automate the process of making personalized online video advertising benefits from Facebook's growing share of the video market. Beijing police shut down massive iPhone counterfeiting operation BEIJING (Reuters) - Police in Beijing have busted a factory that produced more than 41,000 fake iPhones worth as much as 120 million yuan ($19 million), including some that reached the United States, and have arrested nine suspects in the counterfeiting operation. Related Video Scientists control mouse brain by remote control Shopping mall uses garbage to create a thriving rooftop farm for employees Mediafile How about Hightail-ing it? On Twitter, dubious health claims from e-cigarette bots A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today A quick-fix on the day's news delivered when you want it. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2015 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook