By Naomi Tajitsu and Norihiko Shirouzu TOYOTA CITY, Japan (Reuters) – Engineers at Toyota Motor Corp say they have tamed volatile lithium-ion battery technology, and can now safely pack more power at no significant extra cost, giving the Japanese automaker the option to enter the growing all-electric car market. While rivals including Tesla Motors and Nissan Motor Co began adopting lithium-ion battery technology nearly a decade ago, Toyota has largely held back due to concerns over cost, size and safety. Lithium-ion batteries can be unstable and have been blamed for incendiary Samsung smartphones and smoking Dreamliner airplanes.
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Warming to lithium-ion, Toyota charges up its battery options
Tesla Motors Inc Chief Executive Elon Musk on Friday unveiled new energy products aimed at illustrating the benefits of combining his electric car and battery maker with solar installer SolarCity Corp. The billionaire entrepreneur showed of solar-powered roof tiles that eliminate the need for traditional panels and a longer-lasting home battery, which Tesla calls the Powerwall, aimed at realizing his vision of selling a fossil fuel free lifestyle to consumers. The key is it needs to be beautiful, affordable and seamlessly integrated,” Musk said while showcasing the products on homes that once served as the set of the television show “Desperate Housewives.” Musk is the biggest shareholder in both Tesla and SolarCity, which is run by two of his first cousins.
Tesla’s Musk adds solar roofs to his clean energy vision
Google parent Alphabet Inc bested analysts' estimates for third-quarter profit and revenue on Thursday as the search company showed it has honed its core business for the mobile era and is closing in on the next wave of computing. Propelled by strong advertising on mobile devices and video site YouTube, Alphabet's net income climbed 27 percent to $5.06 billion. Google is competing fiercely with social network Facebook Inc for dominance in the fast-growing mobile advertising market.
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Google parent Alphabet profit surges on mobile, video ads
(Reuters) – Apple Inc's smaller-than-expected margin forecast sent the company's shares down nearly 4 percent on Wednesday and raised concerns about its ability to capitalize on high demand for its bigger screen phones that bring in more money. Apple on Tuesday forecast profit margins of 38.0-38.5 percent for the current quarter, below the average analyst estimate of 38.8 percent. Strong demand for the iPhone 7 Plus, which features two cameras, caught Apple off-guard, resulting in a supply crunch that is expected to affect holiday sales.
By Joseph Menn SAN FRANCISCO (Reuters) – Obama administration officials sought on Monday to reassure the public that it was taking steps to counter new types of cyber attacks such as the one Friday that rendered Twitter, Spotify, Netflix and dozens of other major websites unavailable. The Department of Homeland Security said it had held a conference call with 18 major communication service providers shortly after the attack began and was working to develop a new set of “strategic principles” for securing internet-connected devices. DHS said its National Cybersecurity and Communications Integration Center was working with companies, law enforcement and researchers to cope with attacks made possible by the rapidly expanding number of smart gadgets that make up the “internet of Things.
By David Shepardson and Jessica Toonkel WASHINGTON/NEW YORK (Reuters) – The tie-up of AT&T Inc and Time Warner Inc, bringing together one of the country's largest wireless and pay TV providers and cable networks like HBO, CNN and TBS, could kick off a new round of industry consolidation amid massive changes in how people watch TV. Discovery Communications Inc gained 3.6 percent, AMC Networks Inc rose 3.9 percent and Scripps Networks Interactive Inc jumped 5.6 percent. Media content companies are having an increasingly difficult time as standalone entities, creating an opportunity for telecom, satellite and cable providers to make acquisitions, analysts say.
(Reuters) – New York Governor Andrew Cuomo approved legislation on Friday that would place new regulations on online home rental companies like Airbnb. Existing New York state law bars most urban apartment-dwellers from renting out their units for less than 30 days if they are not present. The law recently passed by the state legislature would bar even advertising a rental that violates that existing law, which could help regulators crack down on Airbnb itself in addition to the users of its service. Airbnb had previously said it would sue if Cuomo approved the bill. …
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New York governor approves new regulations on Airbnb
Chinese e-commerce giant Alibaba Group Holding Ltd started the countdown to its annual shopping festival Singles' Day on Friday, promising consumers – and investors – a bonanza of fashion shows, virtual reality and U.S. pop star Katy Perry. The one-day event, held annually on Nov. 11, sees billions of dollars of goods sold via Alibaba's Tmall platform at steep discounts, and is a barometer for the firm's performance. The celebration, launched seven years ago by Alibaba, has already eclipsed the combined sales of the equivalent events in the United States: Cyber Monday and Black Friday.
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Catwalks and Katy Perry: Alibaba starts countdown to Singles’ Day
By Deborah M. Todd SAN FRANCISCO (Reuters) – Yahoo Inc reported better-than-expected quarterly adjusted profit on Tuesday, a boost for the beleaguered company whose deal to sell its core business to Verizon Communications Inc has been shaken by a massive data breach. Verizon's general counsel said last week that the hack, which affected at least 500 million email accounts in 2014, could have a material impact, possibly allowing Verizon to withdraw from the $4.83 billion deal. Tuesday's results provided at least an initial indication that the data breach has not led to a quick exodus of Yahoo customers, as some had feared.
German Transport Minister Alexander Dobrindt has asked Tesla to stop advertising its electric vehicles as having an Autopilot function as this might suggest drivers' attention is not needed, his ministry said on Sunday. A spokeswoman for the ministry, confirming a report in the daily Bild am Sonntag (BamS), said the Federal Motor Transport Authority (KBA) had written to Tesla to make the request. “It can be confirmed that a letter to Tesla exists with the request to no longer use the misleading term Autopilot for the driver assistance system of the car,” she said in a written response to a Reuters' query.
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Germany says Tesla should not use ‘Autopilot’ in advertising