BANGKOK (Reuters) - Thailand's cabinet on Monday approved a draft decree to regulate digital platform service businesses to maintain financial and commercial stability and to prevent damage to the public, a government spokesman said.
Such businesses, both in and outside of Thailand, will need to notify the government before operating, spokesman Thanakorn Wangboonkongchana said in a statement.
The law will apply to various digital platform services including online marketplaces, social commerce, food delivery, space sharing, ride/car sharing and online search engines, he said.
"They are all increasingly important to the economy and society, so there is a need to oversee them," Thanakorn said.
Last month, the government said it would start colRead More »
MOSCOW (Reuters) - U.S. tech giant Google has paid Russia more than 32 million roubles ($455,079) in fines for failing to delete content Moscow deems illegal, the company and a Russian lawmaker said after talks on Monday.
Russia last week said it would seek to fine the U.S. tech giant a percentage of its annual Russian turnover later this month for repeatedly failing to delete banned content on its search engine and YouTube, in Moscow's strongest move yet to rein in foreign tech firms.
Vasily Piskarev, a lawmaker who heads a parliamentary commission to investigate foreign interference in Russia, on Monday said Google's representatives had expressed a desire to engage in dialogue and the company had paid more than 32 million roubles in outstanding fines,Read More »
WASHINGTON (Reuters) - Tesla Inc has submitted a partial response https://static.nhtsa.gov/odi/inv/2021/INME-PE21020-1022.pdf to the National Highway Traffic Safety Administration's (NHTSA) information request issued as part of the agency's formal auto safety probe into the automaker's driver assistance system Autopilot.
NHTSA said in an Oct. 22 memo released Monday that Tesla's response "has been received and is being reviewed. The company has requested confidential business information (CBI) treatment for the entirety of the information request."
On Aug. 31 NHTSA sent Tesla a 11-page letter with numerous questions it was required to answer by Oct. 22, as part of its investigation.
(Reporting by David Shepardson; Editing by Kirsten Donovan)Read More »
(Reuters) -Hertz on Monday announced an order of 100,000 Tesla Inc cars, taking a step toward changing its fleet to electric vehicles just months after emerging from bankruptcy.
Tesla stock was up 4.3% and was set to open at a record high following the order. Shares were also buoyed by news of the company's Model 3 becoming the first electrical vehicle to top monthly sales of new cars in Europe.
Hertz said it has ordered 100,000 Tesla Inc cars for delivery by the end of 2022.
The car rental firm also said it was installing thousands of chargers throughout its network. Customers who rent a Tesla Model 3 will have access to 3,000 Tesla supercharging stations throughout the United States and Europe.
Tesla's cheapest Model 3 sedan starts at about $44,00Read More »
PARIS (Reuters) - Sophie Fornairon's independent bookshop has survived the rise of Amazon thanks to a French law that prohibits price discounting on new books, but she says the e-commerce giant's ability to undercut on shipping still skews the market against stores like hers.
Fornairon, who owns the Canal Bookstore in central Paris, now hopes that new legislation that would set a minimum price for book deliveries will even the contest further in the battle of neighbourhood stores against Amazon.
"It's a just return towards a level playing field," Fornairon, who employs four workers, said. "We're not at risk of closing down any time soon, but Amazon is a constant battle".
Amazon said the legislation, adopted by parliament but not yet enacted, would puRead More »
WASHINGTON (Reuters) - The Russian-based agency behind last year's massive SolarWinds cyberattack has targeted hundreds more companies and organizations in its latest wave of attacks on U.S.-based computer systems, Microsoft said in a blog post.
Microsoft, in its post dated Oct. 24, said Nobelium's latest wave targeted "resellers and other technology service providers" of cloud services. Those attacks were part of a broader campaign over the summer, Microsoft said, adding it had notified 609 customers between July 1 and Oct. 19 that they had been attacked.
(Reporting by Susan Heavey; Editing by Giles Elgood)
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(Reuters) - Facebook employees have warned for years that as the company raced to become a global service it was failing to police abusive content in countries where such speech was likely to cause the most harm, according to interviews with five former employees and internal company documents viewed by Reuters.
For over a decade, Facebook has pushed to become the world's dominant online platform. It currently operates in more than 190 countries and boasts more than 2.8 billion monthly users who post content in more than 160 languages. But its efforts to prevent its products from becoming conduits for hate speech, inflammatory rhetoric and misinformation - some which has been blamed for inciting violence - have not kept pace with its global expansion.
InteRead More »
DETROIT (Reuters) - General Motors Co and Ford Motor Co are likely to show investors both the positive and negative financial impacts of the global semiconductor chip shortage when the U.S. automakers report third-quarter results on Wednesday.
GM and Ford have had to bring some assembly lines to a halt for lack of semiconductors, and contend with rising costs for other parts and raw materials as well as shipping. Lost production and rising supply-chain costs put pressure on profit margins.
However, GM and Ford have been able to offset that pressure thanks to strong demand for their lucrative full-size trucks and SUVs, which has allowed them to cut back on discounts and maintain strong profits.
Investors will be listening carefully to what GM and FRead More »
Microsoft Corp said the hackers behind the SolarWinds cyberattack are engaged in a fresh campaign to compromise global networks by targeting the tech supply chain, including resellers and providers of cloud technology.
Microsoft attributes the coordinated attack, which was first observed in May, to a group called Nobelium, the same state-sponsored Russian hackers who used sophisticated intrusion techniques in 2020 to infect with malware as many as 18,000 customers of Texas-based software company SolarWinds Corp.
More than 140 technology service providers and resellers have been notified as recent targets of the hackers and 14 of them are believed to have been compromised, Microsoft said in a blog on Monday.
Nobelium was also behind an attack on IT cRead More »
ERITH, England (Reuters) - In a warehouse in London's suburbs, thousands of robots swarm in a mesmerising dance across the top of a grid the size of six football pitches, racing to supply groceries to the British capital's shoppers.
Built by UK online supermarket pioneer Ocado, the washing-machine sized bots have caught the eye of international retailers battling a shortage of workers and rising wage demands in a post-pandemic world.
It has already struck deals to provide its technology to supermarket groups in eight countries including the United States, Japan and France. In a recent three-week window it hosted prospective clients from another five countries.
Luke Jensen, CEO of the London-listed company's technology arm, Ocado Solutions, told ReuterRead More »