Reuters Technology Report: March 6, 2017

Click to View in Browser Monday, March 6, 2017 Alphabet lawsuit against Uber cements end of uneasy marriage SAN FRANCISCO (Reuters) - When Uber Technologies Inc [UBER.UL] was raising venture capital in 2013, it was one of the hottest deals around – and no one was more eager to write a check than Bill Maris and David Krane of Google's venture capital arm. South Korea prosecutor paves way for charges against Park if impeachment upheld SEOUL (Reuters) - South Korean President Park Geun-hye colluded with a friend to take bribes from Samsung Group aimed at cementing Samsung Chief Jay Y. Lee's control of the conglomerate, the special prosecutor's office said on Monday, paving the way for Park to be prosecuted if removed from office. Turkey's competition board opens investigation into Google ANKARA (Reuters) - Turkey's Competition Board said on Monday it had opened an investigation to determine whether Google had violated the country's competition law. Beijing Auto's new energy unit plans IPO in 2018: group chairman BEIJING (Reuters) - The green energy car subsidiary of Chinese automaker Beijing Automotive Group [BEJINS.UL] plans an initial public offering in 2018, Chairman Xu Heyi said on Monday, adding that the unit should be profitable that year. Uber used secret tool to evade authorities (Reuters) - Ride services company Uber Technologies Inc [UBER.UL] for years has used a secret tool to avoid authorities in markets where its service faced resistance by law enforcement or was banned, the company confirmed on Friday. NBCUniversal invests $500 million in Snap's IPO (Reuters) - Comcast Corp's NBCUniversal has invested $500 million in Snapchat owner Snap Inc , according to a memo on Friday, its latest move aimed at driving digital growth as more viewers go online for their favorite content. China's telecom firms to end roaming fees, offer corporate pricing incentives in network push BEIJING (Reuters) - China's three state-owned telecommunications companies plan to eliminate domestic roaming fees and offer pricing incentives to small and mid-sized enterprises, to encourage corporate customers to adopt network technology such as cloud computing. Fed's Powell warns of digital currency's risks NEW HAVEN, Conn. (Reuters) - A top U.S. Federal Reserve official on Friday raised caution about central banks issuing digital currencies as they are vulnerable to cyber attacks and criminal activities along with privacy issues that still need to be addressed. Bitcoin hits all-time high as talk of U.S. ETF approval intensifies NEW YORK (Reuters) - Digital currency bitcoin hit a record high on Friday on optimism about the approval of the first U.S. bitcoin exchange-traded fund by the Securities and Exchange Commission. Impostor scams surpass ID theft among U.S. consumer complaints: FTC (Reuters) - More U.S. consumers complained about imposter scams than identity theft for the first time in 2016, as fraudsters relied more on the phone and less on email to find victims, the Federal Trade Commission said on Friday. Related Video Face masks for kids to counter toxic city air Uber used tech to deceive officials: NYT 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