Reuters Technology Report: October 21, 2016

Click to View in Browser Friday, October 21, 2016 No partner in sight, Twitter faces tough solo choices SAN FRANCISCO/BOSTON (Reuters) - The apparent lack of interest in Twitter Inc by potential suitors may force the social media company to consider a route anathema to aspiring tech startups: a major restructuring and cutting some its nearly 4,000 employees. Microsoft shares hit high as cloud business flies above estimates (Reuters) - Microsoft Corp said sales of its flagship cloud product doubled in its first quarter, propelling earnings above analysts' estimates and sending its shares to an all-time high, breaking past a level hit in 1999 at the peak of the tech stock bubble. Tesla says it will roll out Uber-style ride services program SAN FRANCISCO (Reuters) - Tesla Motors Inc is planning to roll out a ride services program and will announce details next year, the luxury electric vehicle maker said on its website, a service first outlined by Chief Executive Elon Musk in his master plan in July. Two-wheel drive: China tech giants bet on 'Uber for bikes' in hunt for next unicorn HONG KONG (Reuters) - China's tech industry giants are sloughing hundreds of millions of dollars into what they're betting will be the country's next big internet craze - 'Uber for bikes'. Wal-Mart to invest $50 million in China online grocer New Dada SHANGHAI (Reuters) - Wal-Mart Stores Inc will invest $50 million in Chinese online grocery and delivery firm New Dada, the U.S. retailer said on Friday, extending its tie-ups with local online players to help boost sales in the world's second-largest economy. Jaguar Land Rover and Ford test connected cars in Britain LONDON (Reuters) - Jaguar Land Rover, Ford and Tata Motors are testing connected cars which can communicate with each other using technology designed to speed up journeys and cut accidents, the first such trials in Britain. Nintendo slides 6 percent after unveiling 'Switch' game console TOKYO (Reuters) - Shares of Nintendo Co Ltd dropped 6 percent in early trade on Friday after the videogame maker unveiled its next-generation gaming console, called the Nintendo Switch. U.S. confirms 11th death linked to faulty Takata air bag inflator WASHINGTON (Reuters) - U.S. safety regulators confirmed late Thursday an 11th death in the United States caused by a ruptured Takata Corp air bag inflator, the latest fatality tied to the largest ever auto safety recall. Samsung in talks with LG Chem for new smartphone batteries: Nikkei (Reuters) - Samsung Electronics Co Ltd is in talks with LG Chem Ltd to supply batteries for its new smartphones, the Nikkei newspaper reported, citing sources. Tesla, rivals joust over how to put self-driving cars on the road DETROIT/SAN FRANCISCO (Reuters) - Tesla Motors Inc's decision to equip all of its vehicles with self-driving hardware has intensified competition among rival camps of technology and auto companies over what equipment will be on board cars of the future. Related Video Spiders 'tune' their webs for good vibrations Son designs prosthetic arm for amputee dad 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