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Yesterday โ€” November 16th 2018Reuters Technology News

Alphabet unit halts glucose-detecting contact lens project

Alphabet Inc's life sciences division Verily said on Friday that it was putting on hold one of its oldest and highest-profile projects, a smart contact lens designed to help monitor sugar levels.

Digital media company Technicolor explores options including sale: sources

Technicolor SA has been exploring options that include a full or partial sale of the French digital media company, as its set-top box business struggles because of higher prices for memory chips, people familiar with the matter said on Friday.

Google Cloud names Thomas Kurian to replace CEO Diane Greene

Former Oracle Corp product chief Thomas Kurian will replace Diane Greene as head of the cloud division at Alphabet Inc's Google in the coming weeks, Greene announced in a blog post on Friday, after a tumultuous year for the business.

Alphabet's life sciences unit halts glucose-sensing lens project

Verily, Alphabet Inc's life sciences division, is putting on hold one of its oldest and high-profile projects, a smart lens to help monitor sugar levels.

Alphabet's Verily pauses project on glucose-sensing lens

Alphabet Inc's Verily said on Friday it is pausing research on glucose-sensing lens, one of its earliest projects.

U.S. regulator settles with tech startups over token sale violations

The U.S. Securities and Exchange Commission settled charges on Friday with two technology companies for improperly offering digital tokens, mandating that they register their offerings as securities and reimburse investors.

Oracle veteran Thomas Kurian to replace Diane Greene as Google Cloud CEO

Former Oracle Corp product chief Thomas Kurian is replacing Diane Greene as chief executive of Alphabet Inc's Google Cloud, according to a blog post https://cloud.google.com/blog/topics/inside-google-cloud/transitioning-google-cloud-after-three-great-years from Greene.

Tesla starts taking Model 3 orders in China

Tesla Inc has started taking orders for its Model 3 sedan in China for a deposit of 8,000 yuan ($1,153.60), according to the electric carmaker's China website https://www.tesla.cn/model3/reserve.

U.S. Senate bill vows to get tough on robocalls, up penalties

Two U.S. senators on Friday unveiled bipartisan legislation to toughen penalties on robocalls, make it easier for regulators to crack down on unwanted calls and compel mobile phone providers to adopt call authentication technologies.

The egos disbanded? Bridging the great advertising divide

Traditional advertising groups hope that their creative flair will prevail against the technological clout of consultancies encroaching on their business, but there are signs the two sides of the divide are moving closer together.

Volkswagen expects to be the most profitable maker of electric cars

Volkswagen Chief Executive Herbert Diess on Friday said he expected the multi-brand carmaking group to be the most profitable manufacturer of electric cars thanks to economies of scale.

European chipmakers see new growth drivers to weather volatile demand

European chipmakers tried to play down market concerns about a potential slowdown in global demand at an investor conference in Barcelona this week, striking an upbeat tone on orders from car and smartphone makers.

VW embarks on $50 billion electrification plan

Volkswagen expects to become the most profitable manufacturer of electric cars thanks to a multi-billion euro expansion plan to mass produce battery driven vehicles, Chief Executive Herbert Diess said on Friday.

Europe 5G network buildout to trigger deals, won't bust capex budgets

The launch of fifth-generation mobile services across Europe looks set to trigger a wave of infrastructure deals as telecoms companies seek ways to upgrade their networks without busting their strained capital budgets.

Volkswagen to spend 44 billion euros on electric, autonomous cars by 2023

Volkswagen on Friday said it will spend 44 billion euros on electric cars, digitalization, autonomous driving and new mobility services by 2023 as part of a push by Europe's largest carmaker to mass produce electric cars.

VW says could build up to 15 million electric cars

Volkswagen could build up to 15 million electric cars over several years on its new electric vehicle production platform, the company said on Friday, adding that its Chief Executive Herbert Diess had misspoken in an interview on Monday.

Supply glut mars Turing effect for Nvidia shares

Worries about how fast the computing world will transition to Nvidia Corp's next generation "Turing" graphic chips helped knock 20 percent off the value of its shares on Friday, after results pointed to a huge glut of unsold older generation chips.

EU executive poised to propose tariffs on Chinese e-bikes

The European Commission is set to propose final duties to curb cheap imports of Chinese electric bicycles that European producers say are benefiting from unfair subsidies and flooding the European Union market.

T-Mobile says Sprint deal may close as early as first-quarter next year

T-Mobile US Inc's Chief Financial Officer said there is a possibility that its $26 billion acquisition deal of Sprint Corp will close as early as the first quarter of 2019.

BlackBerry to buy cybersecurity firm Cylance for $1.4 billion

BlackBerry Ltd raised its bets on artificial intelligence and cybersecurity on Friday with the $1.4 billion purchase of California-based machine-learning specialists Cylance.

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