Reuters Technology Report: September 14, 2016

Click to View in Browser Wednesday, September 14, 2016 iPhone optimism blasts Apple stock to 2016 high SAN FRANCISCO (Reuters) - Apple's stock hit a 2016 high on Wednesday, with its market value peaking above $600 billion for the first time since April as Wall Street bet the technology company's newest iPhone would help shore up falling sales. Twitter launches video app for Apple and Amazon TV, Xbox One (Reuters) - Twitter Inc launched a new video streaming application for Apple Inc and Amazon.com Inc TV platforms, as well as Microsoft Corp's Xbox One gaming console as it brings its video content to the forefront. Tesla says it is investigating cause of fatal China crash (Reuters) - Tesla Motors Inc is investigating the cause of a fatal crash in China involving one of its vehicles, but has "no way of knowing" if its semi-automated Autopilot system was engaged at the time of the accident, the company said in a statement on Wednesday. U.S.-Israeli app testing firm Applause raises $35 million TEL AVIV (Reuters) - U.S.-Israeli Applause said on Wednesday it has raised $35 million in a financing round led by Credit Suisse's Direct Equity Partners and Accenture, bringing its total funding to date to more than $115 million. Uber debuts self-driving vehicles in landmark Pittsburgh trial PITTSBURGH (Reuters) - When Pittsburgh wakes up on Wednesday morning, some residents will have the choice of going about their day in an Uber that drives itself. Ford charts cautious path toward self-driving, shared vehicles DETROIT (Reuters) - Ford Motor Co Chief Executive Mark Fields is looking for more deals to advance the automaker's expansion into ride services and autonomous vehicles, but will not rush to match big spending by auto industry rivals, he told Reuters. Amazon launches voice-powered Echo speakers in Britain and Germany LONDON (Reuters) - Online retailer Amazon brought Echo, its voice-activated smart home controls device to Britain and Germany on Wednesday, hoping the Star Trek-inspired gadget will replicate the success it has seen in the United States. Sapphire Ventures closes $1 billion fund to back startups SAN FRANCISCO (Reuters) - Venture capital firm Sapphire Ventures has closed a $1 billion fund to invest in technology startups, becoming the latest investment firm to join a record-breaking clip of venture fundraising. Mobileye poised to seal more marquee deals for self-driving cars TEL AVIV/FRANKFURT (Reuters) - Mobileye, a leading supplier of collision-avoidance car sensor systems, expects to seal its second alliance with a leading carmaker for self-driving vehicles in the next few months, the company's chairman said on Wednesday. Blocking Internet oversight transition a 'gift to Russia': Obama administration WASHINGTON (Reuters) - Delaying or blocking a planned transition of oversight of the Internet's technical management from the U.S. to a global community of stakeholders would be a "gift to Russia" and other authoritarian regimes, a senior Obama administration official said Wednesday. Related Video Endangered Hawaiian crow species shows knack for tool use Uber debuts self-driving cars 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