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Amazon opens line-free grocery store in challenge to supermarkets

Amazon.com Inc said on Monday it has opened a brick-and-mortar grocery store in Seattle without lines or checkout counters, kicking off new competition with supermarket chains.

Recent Technology News

Consolidated Communications to buy FairPoint in $1.5 billion deal

Consolidated Communications Holdings Inc said on Monday it would buy broadband service provider FairPoint Communications Inc in an all-stock deal valued at $1.5 billion, including debt.

Deals 11:48am EST

Panasonic may buy ZKW to accelerate push into auto electronics: source

TOKYO/VIENNA Japan's Panasonic Corp may buy European automotive light maker ZKW Group, accelerating its push into the automotive electronics market, a person familiar with the matter said.

Japan 11:30am EST

BMW seeks to be 'coolest' ride-hailing firm with autonomous car

MUNICH BMW will test autonomous vehicles in Munich next year as it seeks to keep up with ride-hailing firms like Uber [UBER.UL], which have spent billions on pay-per-use personal transport.

Dec 04 2016

Sharp CEO Tai says to step down once stock returns to TSE first section

TOKYO Sharp Corp CEO and President Tai Jeng-wu told reporters on Monday he would step down once the Japanese electronics maker turns profitable again at the net level and its shares return to the first section of the Tokyo Stock Exchange.

Japan Dec 04 2016

EU urges U.S. tech giants to act faster against hate speech

BRUSSELS U.S. tech giants including Facebook, Twitter, Google's YouTube and Microsoft will have to act faster to tackle online hate speech or face laws forcing them to do so, the European Commission said on Sunday.

Facebook, Twitter Dec 04 2016