Reuters Technology Report: July 4, 2016

Click to View in Browser Monday, July 4, 2016 Israel's high tech boom threatened by shallow labor pool TEL AVIV (Reuters) - In the high tech hub of Tel Aviv, where companies have been responsible for ground-breaking advances like the USB stick, Or Offer never thought it would be hard to find workers for his fast-growing Internet data firm SimilarWeb. Facebook defends position on content standards after Israeli censure JERUSALEM (Reuters) - Facebook is doing its share to remove abusive content from the social network, it said on Sunday in an apparent rejection of Israeli allegations that it was uncooperative in stemming messages that might spur Palestinian violence. In race to be Asia's fintech hub, Singapore leads Hong Kong SINGAPORE (Reuters) - Singapore is rushing to reinvent itself as Asia's financial technology, or fintech, hub to fend off a regulatory threat to its wealth management industry and revive a sluggish economy. Tesla crash raises concerns about autonomous vehicle regulation (Reuters) - The fatal crash of a Tesla Motors Inc Model S in Autopilot mode has turned up pressure on auto industry executives and regulators to ensure that automated driving technology is deployed safely. Apple fires back at Spotify over music streaming claims SAN FRANCISCO/STOCKHOLM (Reuters) - Apple Inc fought back on Friday against Spotify's claims that the U.S. tech giant had hampered competition in music streaming by rejecting an update to the Swedish service's iPhone app. Tax haven route won't work for post-Brexit UK, OECD says LONDON (Reuters) - The United Kingdom is unlikely to try to lure international investment by becoming a tax haven after it leaves the European Union, according to an internal memo prepared by the body responsible for the drafting international tax rules. DVD player found in Tesla car in fatal May crash WILLISTON, Fla. (Reuters) - A digital video disc player was found in the Tesla car that was on autopilot when its driver was killed in a May 7 collision with a truck, Florida Highway Patrol officials said on Friday. Uber, Lyft settlement did not require either side to pay -sources SAN FRANCISCO (Reuters) - A pitched legal battle between ride-hailing rivals Uber and Lyft, involving accusations of hacking and corporate spying, ended with a settlement this week that did not require either company to pay money, according to sources familiar with the agreement. BMW to develop driverless car technology with Intel, Mobileye FRANKFURT (Reuters) - BMW is teaming up with Intel and Mobileye to develop new technology for the auto industry that could put self-driving cars on the road by around 2021. Alibaba launches new anti-fake drive, urges brands to help out HANGZHOU, China (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd on Friday went public with a new drive to display its determination to stamp out fake goods, urging brands to help its anti-piracy campaign rather than trade rebukes on the issue. Related Video Peppered moth's genetic secret New wind turbine sheds light on Hanoi's slums 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