Shenzhen accelerates China’s driverless car dreams

SHENZHEN, China, Aug 1 (Reuters) – On a busy downtown street three delivery bikes suddenly dart over the pedestrian crossing ahead of the car. On the car’s dashboard they look like small 3D blue blocks from a 1990s video game. The steering wheel turns itself a notch and the vehicle slows to a gentle halt, … Read more

Pelosis sold $5M in Nvidia stock ahead of chipmaker subsidy vote

As a Capitol Hill vote looms this week on a controversial, $52 billion subsidy to chipmakers, House Speaker Nancy Pelosi’s husband quietly offloaded a chunk of shares in semiconductor giant Nvidia, according to public filings. Paul Pelosi sold the $5 million trove of shares Tuesday at a loss of more than $300,000. It’s unclear whether … Read more

Nasdaq falls with dollar, oil rises; earnings, Fed in focus

U.S. stocks chop around with Nasdaq closing lower Euro zone survey shows German morale dropping Fed in focus with two-day policy meeting on Tuesday NEW YORK, July 25 (Reuters) – Nasdaq (.IXIC) closed lower on Monday after a choppy session for U.S. equities ahead of a big week of technology earnings reports while oil prices … Read more

China’s Alibaba to apply for dual primary listing in Hong Kong

A man walks past the Alibaba Group office building in Beijing, China August 9, 2021. REUTERS/Tingshu Wang Register now for FREE unlimited access to Reuters.com Register Expects to add HK primary listing by end-2022, keep NYSE listing Hong Kong shares jump 5%; move will diversify investor base -CEO Seen boosting mainland China investor access to … Read more

Chuck Grassley demands Chuck Schumer call vote on Big Tech antitrust bill

Months have passed since Sen. Chuck Schumer was expected to hold a vote for an antitrust bill designed to rein in Big Tech — and its top Republican backer is slamming the gentleman from New York for dragging his feet.  “It’s past time that the Majority Leader bring up our bipartisan antitrust bill cracking down … Read more

Why everyone’s wearing NASA-branded clothes

Once you start noticing them, it’s hard to stop. There have been several trend pieces about the phenomenon in recent years. And NASA’s multimedia liaison, Bert Ulrich — who oversees the use of NASA logos in film, TV and on apparel — confirms the demand for NASA branded apparel is far from petering out, at … Read more

Wall Street closes lower as ad tech, social media stocks drop

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 21, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Snap Inc shares plunge on slowing growth Communication services stocks lead sectoral declines AmEx raises revenue forecast on resilient card spending Indexes down: Dow … Read more

We played ‘Stray,’ everyone’s favorite new cat-centric video game. It’s purrfection

We had to know: Was it really the cat’s meow? So we tried it out for ourselves, paying $30 to download it for a PlayStation 5. It was quickly apparent why “Stray” appeals to gamers (who like cats), people who simply like cats, and actual cats. It’s beautifully animated and offers a respite from video … Read more

China fines Didi Global $1.2 bln, fuelling hopes of thaw in regulatory crackdown

HONG KONG/BEIJING, July 21 (Reuters) – China’s cybersecurity regulator on Thursday fined Didi Global Inc $1.2 billion, concluding a probe that forced the ride-hailing leader to delist from New York within a year of its debut and made foreign investors wary about China’s tech sector. Didi ran afoul of the Cyberspace Administration of China (CAC) … Read more