Reuters Technology Report: April 20, 2017

Click to View in Browser Thursday, April 20, 2017 Bose headphones spy on listeners: lawsuit (Reuters) - Bose Corp spies on its wireless headphone customers by using an app that tracks the music, podcasts and other audio they listen to, and violates their privacy rights by selling the information without permission, a lawsuit charged. Western Digital CFO: Would consider bid with INCJ, DBJ for Toshiba chip unit TOKYO (Reuters) - Western Digital Corp, the U.S. partner of Toshiba Corp in a semiconductor venture, is in talks with state-backed fund Innovation Network Corp of Japan (INCJ) and the Development Bank of Japan and would consider a joint bid with them for the chip business, a senior official said on Thursday. EBay's second-quarter profit forecast falls short of estimates (Reuters) - EBay Inc on Wednesday forecast second-quarter profit that fell short of analysts' estimates, as it spends heavily on revamping and marketing its e-commerce platform amid stiff competition from much larger rival Amazon.com Inc . Qualcomm results beat help allay worries over Apple dispute (Reuters) - Qualcomm Inc , the largest maker of chips used in smartphones, reported quarterly revenue and profit that beat analysts' estimates, helping ease concerns surrounding the company's dispute with Apple Inc . Facebook gives peek inside unit studying brain-to-text technology SAN JOSE, Calif. (Reuters) - Facebook Inc on Wednesday pulled aside the curtain on a secretive unit headed by a former chief of the Pentagon's research arm, disclosing that the social media company is studying ways for people to communicate by thought and touch. Tesla settles lawsuit with former head of its Autopilot system SAN FRANCISCO (Reuters) - Tesla Inc and the former head of its Autopilot program have settled a lawsuit brought by the electric vehicle maker in January, the parties said on Wednesday, in a deal that prevents the former executive from recruiting Tesla employees for a year. China's LeEco plans sale of $420 million Beijing real estate: sources TAIPEI/HONG KONG (Reuters) - Chinese tech conglomerate LeEco is in talks to sell a prized property asset in the heart of Beijing it acquired in a $420 million deal last year, the latest effort by the electric car-to-smartphone behemoth to raise funds amid a severe cash crunch. China's Bitauto raises $1 billion from internet giants Tencent, Baidu SHANGHAI (Reuters) - Auto portal Bitauto Holdings Ltd has recently raised $1 billion from Tencent Holdings Ltd , Baidu Inc and JD.com Inc as it seeks to be China's largest online car financing platform, its chief told Reuters on Thursday. China's numerous green-car startups to dwindle to two to three in five years: Nio chairman SHANGHAI (Reuters) - Of dozens of startup electric car makers in China, only two or three will be around in five years' time, the chief of Nio told Reuters on Thursday, after the automaker unveiled its first production car aimed at taking on Tesla Inc's Model X. Amazon's arrival sounds wake-up bell for Australia's sleepy retailers SYDNEY (Reuters) - Global e-commerce juggernaut Amazon.com Inc on Thursday said it will open its online shopfront service in Australia, ending rumors about its plans and increasing the pressure on the domestic retail sector to catch up with the digital economy. Related Video Surfer scientist examines impact of ocean bacteria on humans UV-blocking algae could be nature's own sunscreen 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