Reuters Technology Report: August 29, 2017

Click to View in Browser Tuesday, August 29, 2017 Uber to end post-trip tracking of riders as part of privacy push PALO ALTO, Calif. (Reuters) - Uber Technologies Inc is pulling a heavily criticized feature from its app that allowed it to track riders for up to five minutes after a trip, its security chief told Reuters, as the ride-services company tries to fix its poor reputation for customer privacy. Expedia's Khosrowshahi poised to take Uber CEO job: memo SAN FRANCISCO (Reuters) - Expedia Inc Chief Executive Dara Khosrowshahi is poised to accept Uber Technologies Inc's [UBER.UL] offer to become its new CEO, according to an internal memo sent to Expedia staff, putting him in charge of turning around the loss-making, scandal-ridden company. Ford teams with Domino's on self-driving pizza delivery test ANN ARBOR, Mich. (Reuters) - Ford Motor Co and Domino's Pizza Inc in September will begin testing Michigan consumers' reactions to having their pies delivered by self-driving vehicles, the companies said on Tuesday. Fitbit takes aim at Apple with new smartwatch launch (Reuters) - Wearable device maker Fitbit Inc on Monday launched its newest device, the Ionic smartwatch, with features ranging from fitness tracking to contactless payment, as it gears up to compete with rivals such as Apple Inc . Comcast builds out 'smart home' strategy as cable shrinks NEW YORK (Reuters) - Comcast Corp may be best known as a cable company, but it is banking on remote-controlled door locks and cameras as well as other "smart-home" offerings to accelerate its growing home security business. South Korea's LG Electronics bid for ZKW in estimated $1.2 billion deal: Korea Economic Daily SEOUL (Reuters) - South Korea's LG Electronics participated in a main bidding round to buy Austrian automotive light maker ZKW Group in a deal that could potentially fetch $1.2 billion, Korea Economic Daily said on Tuesday. Renault-Nissan to set up new China electric car venture with Dongfeng BEIJING (Reuters) - Nissan Motor and its partner Renault will build electric cars in China in a new venture with Dongfeng Motor, as global automakers scramble to get ready for stringent electric vehicle quotas being introduced by the nation. Whole Foods slashes prices on some produce, also selling Amazon's Echo LOS ANGELES/CHICAGO (Reuters) - On its first day as part of Amazon.com , organic grocery chain Whole Foods Market Inc slashed prices on popular items like avocados and apples on Monday by a third as it bid to shake off its "Whole Paycheck" reputation for high prices. Western Digital group finalizing $17 billion deal for Toshiba chip unit: source TOKYO (Reuters) - A consortium led by Western Digital Corp is close to an agreement to buy Toshiba Corp's $17.4 billion chip business, with the U.S. firm's CEO in Tokyo to finalize the long and contentious talks, a person familiar with the matter said. GE shifts strategy, financial targets for digital business after missteps NEW YORK (Reuters) - General Electric Co wants its industrial software business to cut costs and lift profits next year under new chief executive John Flannery, and is considering expanded partnerships and the possible sale of some equity in the unit, according to people familiar with the business. Related Video Fatbergs to fuel: Turning Britain's sewer grease into biodiesel Kite power could take flight in UK Mediafile How about Hightail-ing it? On Twitter, dubious health claims from e-cigarette bots A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today A quick-fix on the day's news delivered when you want it. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook