Reuters Technology Report: July 12, 2016

Click to View in Browser Tuesday, July 12, 2016 EU-U.S. commercial data transfer pact enters into force BRUSSELS (Reuters) - A new commercial data pact between the European Union and the United States entered into force on Tuesday, ending months of uncertainty over cross-border data flows, and companies such as Google , Facebook and Microsoft can sign up from Aug. 1. Tesla has no plans to disable Autopilot feature: WSJ (Reuters) - Tesla Motors Inc Chief Executive Elon Musk said the electric car maker has no plans to disable its Autopilot feature in the wake of a fatal accident in which the driver of a Model S car was using the technology, the Wall Street Journal reported. Magic Leap ramps up production for new type of virtual reality ASPEN, Colo. (Reuters) - Magic Leap, a startup backed by technology powerhouses including Google and Alibaba that has raised more than $1.4 billion, has hired more than 600 employees and is close to starting production of its first "mixed reality" products. Google given extra time to answer EU antitrust charges on Android BRUSSELS (Reuters) - Alphabet Inc's Google has been given an extra 6 weeks to early September to respond to EU charges that it uses its dominant Android mobile operating system to squeeze out rivals, EU antitrust regulators said on Tuesday. U.S. fund managers on hunt for companies that won't be 'Amazon'ed' away NEW YORK (Reuters) - Amazon's long shadow is falling on retailers previously thought immune to the threat of e-commerce, forcing U.S. fund managers to rethink their approach to consumer stocks by focusing on companies whose businesses cannot be upended by the online giant. Google notifies users of 4,000 state-sponsored cyber attacks per month: executive (Reuters) - A senior executive of Alphabet Inc's Google unit said on Monday that the company was notifying customers of 4,000 state-sponsored cyber attacks per month. Amazon's Prime Day shoppers encounter checkout snafus (Reuters) - An Amazon.com Inc shopping event that the online retailer billed as its largest ever had a bumpy start on Tuesday, with some customers unable to add discounted items to their shopping carts and rival retailers aiming for a cut of the buying frenzy. U.S. tech company files bitcoin ETF application with SEC NEW YORK (Reuters) - SolidX Partners Inc, a U.S. technology company that provides blockchain services, on Tuesday filed an application with the Securities and Exchange Commission to launch an exchange-traded product that tracks the price of bitcoin. U.S. safety agency seeks answers on fatal Tesla Autopilot crash WASHINGTON (Reuters) - U.S. highway safety regulators have demanded that Tesla Motors Inc hand over detailed information about the design, operation and testing of its Autopilot technology following a May 7 fatal crash in which the system was in use. Austria moves to outlaw travel websites' ban on hotels undercutting prices VIENNA (Reuters) - Austria on Tuesday launched new legislation to outlaw travel websites' practice of forbidding hotels from offering rooms at lower prices on their own sites, following similar moves by France and Germany. Related Video Study finds Greenland lost 1 trillion tons of ice in just 4 years Deadly methane gas is turned into energy in Rwanda 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 2016 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