Google launches Android Things for appliances as earlier spinoffs scramble to catch on

SAN FRANCISCO (Reuters) - Alphabet Inc's Google on Monday launched a spinoff of its Android operating system for home appliances and other machines, following mixed results with Android offshoots for cars, smartwatches and televisions.

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'Facebook effect' turns Swedish steel town into tech hot-spot

OSLO (Reuters) - Facebook will double the size of its data center in Sweden's northern city of Lulea, raising its total investments in the region to about 8.7 billion crowns ($987 million), the company said on Monday.

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Uber hires safety adviser after fatal crash, won't confirm report on software flaw

(Reuters) - Uber Technologies Inc [UBER.UL] on Monday said it has hired a former U.S. regulator to advise the company on safety, but would not confirm a technology website's report that a software flaw was responsible for a fatal accident involving one of its self-driving cars in March.

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Buffett bashes bitcoin as thriving on mystique, favors stocks

NEW YORK (Reuters) - Billionaire investor Warren Buffett on Monday said buyers of bitcoin, which he has characterized as "rat poison squared," thrive on the hope they'll find other people who will pay more for it.

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Snap names Amazon's Tim Stone as CFO

(Reuters) - Snapchat-owner Snap Inc said Tim Stone, an Amazon.com Inc veteran who had led the integration of Whole Foods acquisition, would replace Andrew Vollero as chief financial officer.

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Egypt passes law regulating Uber, Careem ride-sharing services

CAIRO (Reuters) - Egypt's parliament passed a law on Monday regulating ride-sharing apps Uber and Careem, potentially ending a lawsuit that could shut them down in one of their biggest markets but imposing new fees and data sharing requirements.

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ZTE asks U.S. Commerce Department to suspend business ban

BEIJING (Reuters) - China's ZTE Corp has submitted an application to the U.S. Commerce Department's Bureau of Industry and Security (BIS) for the suspension of a business ban, it said in a filing to the Shenzhen stock exchange on Sunday.

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Microchip says can't confirm reports on China approval of Microsemi deal

(Reuters) - Microchip Technology Inc said on Monday it cannot confirm media reports that the Chinese government has approved its $8.35 billion bid to buy Microsemi Corp.

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Drive.ai to launch self-driving ride hailing pilot in July

(Reuters) - Silicon Valley self-driving startup Drive.ai said on Monday it will launch a pilot program for an autonomous ride-hailing service in July in Frisco, Texas, with safety drivers present.

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Nokia acquires U.S. software supplier SpaceTime Insight

(Reuters) - Nokia said on Monday it has acquired software maker SpaceTime Insight, which industrial customers use to manage millions of devices and assets across their networks, marking the equipment supplier's latest push to expand beyond telecoms.

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Source: Reuters