Reuters Technology Report: July 4, 2017

Click to View in Browser Tuesday, July 4, 2017 Pressure piles on China's LeEco as bank seeks to have assets frozen TAIPEI/BEIJING (Reuters) - Chinese tech group LeEco, which has interests ranging from smart cars to online content, is facing growing pressure from its creditors and business partners, with one bank wanting some of its assets frozen by a Shanghai court over late payments. Facebook fights U.S. gag order that it says chills free speech SAN FRANCISCO/WASHINGTON (Reuters) - Facebook Inc is challenging a gag order from a U.S. court that is preventing the company from talking about three government search warrants that it said pose a threat to freedom of speech, according to court documents. Germany big target of cyber espionage and attacks: government report BERLIN (Reuters) - Germany is a big target of spying and cyber attacks by foreign governments such as Turkey, Russia and China, a government report said on Tuesday, warning of "ticking time bombs" that could sabotage critical infrastructure. Uber says will await final EU court ruling later this year BRUSSELS (Reuters) - Uber [UBER.UL] played down an EU court opinion on Tuesday that some of its services could be illegal, saying that the case concerned only a ride-hailing app service in France which it no longer provides. Samsung plans $18.6 billion South Korea investment to widen chip lead SEOUL (Reuters) - Samsung Electronics Co Ltd said on Tuesday it will invest at least $18.6 billion in South Korea to extend its lead in memory chips and next-generation smartphone displays, in a plan that promises to create almost half a million jobs. Russia's VEB inks 6 billion yuan deal with China Development Bank MOSCOW (Reuters) - Russian state development bank VEB signed an agreement on Tuesday to attract 6 billion yuan ($882.35 million) from China Development Bank for innovations, including the development of blockchain technologies, VEB head Sergei Gorkov told reporters. Bosch says demand for driver assistance systems taking off FRANKFURT (Reuters) - German auto supplier Robert Bosch [ROBG.UL] has seen a surge in demand for radar systems and video sensors as automakers race to add driver assistance features and automated functions to cars. Tencent's online publisher files for Hong Kong IPO seen worth $800 million HONG KONG (Reuters) - China Literature Ltd, a Tencent Holdings Ltd unit and the country's largest online publishing and e-book company, has filed for a Hong Kong initial public offering that is expected to raise as much as $800 million. Glitch causes prices of Apple, Google, other stocks to appear off NEW YORK (Reuters) - The prices of several big-name Nasdaq-listed stocks appeared on some websites to either spike or plummet well after the closing bell on Monday, seemingly due to a glitch related to the market data that runs the largely automated markets. Tesla deliveries at low end of forecast, starting Model 3 production (Reuters) - Tesla Inc said it delivered about 47,100 electric sedans and SUVs in the first half of 2017, at the lower end of its own forecasts, shortly after Chief Executive Elon Musk announced that production of its mass-market Model 3 would start this week and build to 20,000 per month in December. Related Video Facebook drone completes second test flight Ocado trials self-driving delivery vans 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