reuters tech news

Apple says $14 billion EU tax order 'defies reality and common sense'
The European Union's order to Apple to pay 13 billion euros ($14 billion) in back taxes "defies reality and common sense", the U.S. firm said as the two sides sparred in a case key to the EU's crackdown on sweetheart deals to multinationals.
Factbox: Big Tech faces growing number of federal, state probes
U.S. antitrust enforcers testify before the Senate Judiciary Committee's antitrust panel on Tuesday as the number of antitrust probes into big tech companies grows.
Top U.S. antitrust regulators admit to infighting on big tech probe
The top U.S. antitrust regulators admitted at a congressional hearing on Tuesday that they had wasted time arguing over who would investigate which tech company, as they take on major probes of firms like Alphabet's Google for allegedly using their market power unfairly.
U.S. Justice Dept official calls big tech antitrust probes a 'priority'
The Justice Department's antitrust division chief, Makan Delrahim, said Tuesday that its probes of "market-leading online platforms" such as Alphabet's Google were a "priority" that could result in either "law enforcement or policy options as solutions."
Colombia can only suspend app drivers' licenses for 3 years, not 25-court
Colombia can only suspend the licenses of drivers who provide services via ride-hailing apps for three years, not 25, the president of the Constitutional Court said on Tuesday.
France's Macron bets on private-sector funding to fuel startup push
France aims to raise 5 billion euros ($5.53 billion) in funds from private-sector investors to give French startup companies a leg up and help the most promising ones grow further, President Emmanuel Macron said on Tuesday.
Facebook oversight board won’t have mandate to change policy
Facebook Inc will allow a new outside oversight board to make final decisions on whether individual pieces of content can be displayed on the social media site, but the group won't be able to make policy changes, the company said on Tuesday.
NBCUniversal names streaming service 'Peacock,' to launch in 2020
Comcast Corp's NBCUniversal will name its upcoming streaming service "Peacock," offering a broad slate of original content, including "Dr Death" starring Emmy and Golden Globe winner Alec Baldwin, the company said on Tuesday.
Oracle, VMware agree to deal on cloud technology, technical support
(Changes "with" in sixth paragraph to "without" in September 16 story.)
Police test 'Spider-Man' device as alternative to Taser
With 49 people killed last year after being shocked by Tasers, police departments across the United States are trying out a "Spider-Man"-like device that fires a tether that entangles and restrains the suspect.
Wells Fargo tests cryptocurrency for internal transactions
Wells Fargo & Co said on Tuesday it will pilot its own digital currency powered by blockchain to help move cash across borders and between branches in real time.
Facebook's Libra will be disruptive, says ECB's Coeure
Digital currencies such as Facebook's Libra will disrupt the financial system, either by forcing central banks to innovate or by grabbing a global role that could challenge the dominance of the dollar, ECB board member Benoit Coeure said on Tuesday.
Amazon starts hiring own drivers in German last-mile delivery push
Amazon has begun hiring its own drivers in Germany and plans to open 11 more distribution centers to expand its delivery business in its second biggest market, the firm's German logistics chief said in an interview.
London police and Facebook move to stop live streaming of terror attacks
London police and Facebook said on Tuesday they plan to share resources to stop the live streaming of terrorist attacks like that in Christchurch, New Zealand, earlier this year.
Huobi announces launch of cryptocurrency exchange in Argentina
Huobi Group, which runs one of the world's largest cryptocurrency exchanges, announced on Tuesday the official launch of a digital asset exchange in Argentina.
Germany's Scholz: We cannot accept parallel currencies such as Facebook's Libra
German Finance Minister Olaf Scholz said on Tuesday policymakers could not accept the emergence of parallel currencies such as Facebook's planned Libra, adding that Berlin would reject any such plans.
Car leasing app Fair raises $500 million loan from Mizuho, Softbank
Car leasing startup Fair said on Tuesday it had raised $500 million in loans from a group of creditors, including Mizuho Bank and Japan's SoftBank Group Corp, as it looks to expand its leasing services to Uber drivers.
ECB's Villeroy tells Facebook that Libra faces tough scrutiny
European Central Bank board member Francois Villeroy de Galhau said on Tuesday that "stablecoins" like Facebook’s Libra highlight gaps in rules and the media giant's payments project faced a tough regulatory approach.
Apple awards iPhone supplier Corning $250 million from U.S. manufacturing fund
Apple Inc on Tuesday said it would award Corning Inc $250 million from a $5 billion fund dedicated to U.S. advanced manufacturing.
SAP's German users demand more help with digital shift
Business software group SAP should be more responsive in meeting the needs of its customers as they make the transition to the digital era, the user community in its home market Germany said on Tuesday.