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Japan to finalize strategy for drones, self-driving trucks on June 9: government sources

TOKYO Japan aims to finalize on June 9 plans to allow package delivery by drone sometime from 2020 and the commercialization of self-driving trucks by 2022, as it scrambles to breathe new life into its corporate sector, sources told Reuters.

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Acquisitions accelerate as tech giants seek to build AI smarts

SAN FRANCISCO A total of 34 artificial intelligence startups were acquired in the first quarter of this year, more than twice the amount of activity in the year-ago quarter, according to the research firm CB Insights.

Deals, May 26 2017

Major U.S. tech firms press Congress for internet surveillance reforms

WASHINGTON Facebook, Amazon and more than two dozen other U.S. technology companies pressed Congress on Friday to make changes to a broad internet surveillance law, saying they were necessary to improve privacy protections and increase government transparency.

Japan, South Korea drive global bitcoin prices as retail investor pile in

HONG KONG Japanese and South Korean buying helped drive the price of bitcoin to an all-time high this week, with the digital currency more than doubling its value since the start of the year, analysts and market practitioners said on Friday.

May 26 2017

Chipotle says hackers hit most restaurants in data breach

Hackers used malware to steal customer payment data from most of Chipotle Mexican Grill Inc's restaurants over a span of three weeks, the company said on Friday, adding to woes at the chain whose sales had just started recovering from a string of food safety lapses in 2015. | Video

Cybersecurity May 27 2017

China LeEco's sports unit says valued at $3.5 billion after new funding round

BEIJING/SHANGHAI Chinese tech conglomerate LeEco's sports unit said it completed a new round of funding that valued it at 24 billion yuan ($3.50 billion) and that its investors will form a new committee to supervise its finances.

Deals May 26 2017

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