Reuters Technology Report: February 20, 2017

Click to View in Browser Monday, February 20, 2017 Snap bets on hardware as Facebook threat looms SAN FRANCISCO (Reuters) - Snap Inc takes to the road in London on Monday to promote its initial public offering with a daring proposition: that it can build hot-selling hardware gadgets and ad-friendly software features fast enough to stay one step ahead of Facebook. Amazon to create over 5,000 jobs in Britain in 2017 LONDON (Reuters) - Online retailer Amazon is set to create more than 5,000 jobs in Britain this year, the company said on Monday, boosting its investment in the country once more even as it prepares to leave the European Union. NZ court rules Megaupload founder Kim Dotcom can be extradited to U.S. for alleged fraud WELLINGTON (Reuters) - A New Zealand court ruled on Monday that internet entrepreneur Kim Dotcom could be extradited to the United States to face charges relating to his Megaupload website, which was shutdown in 2012 following an FBI-ordered raid on his Auckland mansion. Alibaba expands bricks-and-mortar retail push with Bailian deal BEIJING (Reuters) - China's Alibaba Group Holding Ltd said it formed a strategic partnership with Bailian Group, the largest retailer by store numbers to join the e-commerce giant's drive to use big data to improve and profit from brick-and-mortar sales. Uber CEO orders 'urgent investigation' on sexual harassment claims (Reuters) - The chief executive of Uber Technologies Inc [UBER.UL] has ordered an "urgent investigation" into claims of sexual harassment at the ride-hailing service made by a former employee. China bicycle-sharing startup Mobike gets funding from Temasek, others BEIJING (Reuters) - Chinese bicycle-sharing startup Mobike said on Monday it has raised funding in a new round led by Singapore state investor Temasek Holdings [TEM.UL] and hedge fund Hillhouse Capital, bringing its total new funding in 2017 to more than $300 million. After night in cell, Samsung scion taken for questioning SEOUL (Reuters) - Handcuffed and tied with white rope, the scion of one of the world's biggest conglomerates, Samsung Group, was taken on Saturday for questioning by South Korean authorities after spending a night in a small detention cell. U.S. inquiries into Russian election hacking include three FBI probes SAN FRANCISCO (Reuters) - The U.S. Federal Bureau of Investigation is pursuing at least three separate probes relating to alleged Russian hacking of the U.S. presidential elections, according to five current and former government officials with direct knowledge of the situation. Exclusive: GM plans to build, test thousands of self-driving Bolts in 2018 - sources DETROIT (Reuters) - General Motors Co plans to deploy thousands of self-driving electric cars in test fleets in partnership with ride-sharing affiliate Lyft Inc, beginning in 2018, two sources familiar with the automaker's plans said this week. Exclusive: SoftBank willing to cede control of Sprint to entice T-Mobile - sources NEW YORK (Reuters) - Japan's SoftBank Group Corp is prepared to give up control of Sprint Corp to Deutsche Telekom AG's T-Mobile US Inc to clinch a merger of the two U.S. wireless carriers, according to people familiar with the matter. Related Video Proximity to clogged highways could increase risk of Alzheimer's, dementia Facebook CEO's bid to reboot globalization 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 2017 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