Reuters Technology Report: March 3, 2017

Click to View in Browser Friday, March 3, 2017 Uber loses court case to stop strict new rules in London LONDON (Reuters) - Taxi app Uber [UBER.UL] lost a court battle on Friday to stop plans for strict new rules on the need for its drivers and those of other private hire services to prove their reading and writing skills in English to operate in London. Samsung chief's 'trial of the century' to start next week SEOUL (Reuters) - Samsung Group leader Jay Y. Lee will go on trial for bribery and embezzlement on Thursday, a court said, amid a corruption scandal that has rocked South Korea and led to the impeachment of the president. Snap's shares pop after year's biggest IPO NEW YORK (Reuters) - Snap Inc's shares ended up 44 percent on their first day of trading as investors flocked to buy into the hottest technology stock offering in three years, overcoming doubts about the loss-making messaging app company's slowing user growth. India's Paytm E-Commerce raises $200 million from Alibaba, SAIF Partners MUMBAI (Reuters) - India's Paytm E-Commerce Pvt Ltd has raised $200 million from China's Alibaba Group Holding and venture capital fund SAIF Partners to expand its online retail business in a market dominated by homegrown Flipkart and U.S. tech giant Amazon. Spotify says it reaches 50 million paid subscribers (Reuters) - Spotify said on Thursday it has reached 50 million paid subscribers, growing 25 percent in less than six months and extending the Swedish music streaming service's lead over its closest rival, Apple Music. Snap HQ spoils community, Venice Beach protesters say LOS ANGELES (Reuters) - As shares of California-based Snap Inc began trading on the New York Stock Exchange on Thursday, two dozen residents of the company's adopted home of Venice Beach protested outside its offices, accusing the growing tech company of spoiling their seaside community. Uber says to seek permit to restart self-driving pilot in California SAN FRANCISCO (Reuters) - Uber Technologies Inc said on Thursday it plans to comply with California regulations and seek permits to put its self-driving cars back on the state's roads, an about-face following the company's legal spat with state officials in December. Amazon blames human error for cloud-service disruption (Reuters) - Amazon.com Inc blamed human error for the disruption in its cloud services that resulted in widespread glitches for its clients from news sites to government services on Tuesday. Amazon deepens university ties in artificial intelligence race SAN FRANCISCO (Reuters) - Amazon.com Inc has launched a new program to help students build capabilities into its voice-controlled assistant Alexa, the company told Reuters, the latest move by a technology firm to nurture ideas and talent in artificial intelligence research. Companies back transgender rights in Supreme Court fight A coalition of 53 companies on Thursday backed transgender rights at the U.S. Supreme Court, signing on to a brief supporting a Virginia student who is fighting to use the school bathroom that corresponds with his gender identity. Related Video Why some of Snap Inc's LA neighbors want them out Cameroonian girls turn waste into watts 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