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BMW says talks with Apple don't involve developing a car

FRANKFURT - German carmaker BMW said on Thursday its talks with technology giant Apple did not involve developing or building a car, denying a German magazine report.

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Banking cyber thieves may be too slick for their own good

LONDON - Fraudsters are slick and smooth when they request new bank accounts or credit cards -- a characteristic an Israeli company wants to use against them.

9:01am EST

Music app Shazam to add sights to sounds

BARCELONA - Shazam, the company behind the mobile phone app that enables its 100 million users to recognize music they hear, and buy the recordings, is now promising to extend the app's scope to objects, such as products in retail outlets.

Music 7:04am EST

France, Luxembourg lose lower VAT rate battle on ebooks

BRUSSELS - France and Luxembourg lost their battle to apply reduced VAT rates to ebooks on Thursday when a top European court agreed with EU regulators that only paper books qualified for lower taxes.

7:14am EST

Huawei, Intel expand tie-up amid China's rising scrutiny of U.S. tech firms

BEIJING - China's Huawei Technologies Co Ltd [HWT.UL] and Intel Corp are expanding an existing alliance to provide cloud computing to global telecoms carriers, as U.S. tech firms vie for Chinese tie-ups to retain access to a tough mainland market.

China 12:35am EST

Self-driving cars could generate billions in revenue: U.S. study

DETROIT - Self-driving cars could generate billions of dollars a year in revenue from mobile internet services and products, even if occupants spend only a fraction of their free time on the web, according to a new study by McKinsey & Company.

4:09am EST

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