Google building self-driving cars with no driver seat, steering wheels

Google Inc is building cars that don't have steering wheels, accelerator pedals or brake pedals, in an ambitious expansion of the Internet company's efforts to develop self-driving cars.


Canvas Venture poaches NEA partner Paul Hsiao

Canvas Venture Fund, an early-stage investment firm spun out of established venture player Morgenthaler Ventures, has landed its first general partner from outside the Morgenthaler fold.

Siemens in talks to sell stake in household goods venture to Bosch - sources

German engineering group Siemens is in final stage talks to sell its 50 percent stake in a household goods joint venture to partner Robert Bosch, two sources familiar with the matter said on Wednesday.

Luxury online shop Mytheresa up for sale: sources

The owners of German online retailer Mytheresa, specializing in luxury fashion and accessories, have mandated Goldman Sachs to find a buyer, three people familiar with the matter told Reuters.


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Led by Massachusetts Governor Deval L. Patrick, a delegation of top industry executives and economic development officials, including Aptima Chairman Daniel Serfaty, are visiting Israel from May 27 to May 29, 2014. The "Innovation Partnership Mission" is focused on expanding avenues of collaboration between the entrepreneurial sectors of Massachusetts and that of Israel in order to advance technology investment and job growth.
Europe needs to sort out its fragmented telecoms market and regulatory imbalances if it is to spur a new generation of technology start-ups and create its own version of America's Silicon Valley.
Business intelligence software provider SiSense said it expects sales to triple in 2014, boosted by soaring demand from small- and medium-sized businesses seeking to analyze growing amounts of data.
Canada, following the lead of the United States and the European Union, on Monday relaxed official restrictions on using mobile devices in flight while maintaining a ban on transmitting information.
Apple Inc supplier Foxconn Technology Group will buy a stake in Taiwanese mobile telecoms operator Asia Pacific Telecom for T$11.6 billion ($390 million) in a deal that would expand its presence in Taiwan's fledgling 4G telecoms market.
New technologies in digital media services and an industry shift towards outsourcing will bring strong growth opportunities in the coming years, said Avi Cohen, chief executive of Israel's RRsat Global Communications Network.
Google Inc (GOOGL.O) is developing a new 7-inch tablet that can capture 3-D images, and plans to produce about 4,000 of these prototypes beginning next month, the Wall Street Journal reported, citing people briefed on the company's plans.
Facebook Inc has changed a privacy setting on its social network, limiting the audience that sees new users' first posts in a reversal of a feature that had critics said forced people to over-share personal information.
A cloud software boom has nudged startups into unlikely realms such as dairy farms, yoga studios and back-of-the-building loading docks, leading venture capitalists to hope for stratospheric returns.
When the nine-person startup he co-founded was bought by Facebook for a reported $15 million in January, Cemre Gungor, 27, was inundated with phone calls and emails from wealth advisers. Yet he spurned them all, opting instead to open an account with Betterment, an online financial adviser launched in 2010 that automatically invests in a portfolio of exchange traded funds based mainly on a client's age.