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Toyota halts robot-car tests on US public roads

Bloomberg Toyota Motor Corp. halted tests of its “Chauffeur” autonomous driving system on US public roads after a Uber Technologies Inc. vehicle operating in autonomous mode under the supervision of a human safety driver struck and killed a woman in Tempe, Arizona, on Sunday evening. “Because we feel the incident may have an emotional effect on our test drivers, we ...

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How dotcom survivors built a $950 million startup in India

Bloomberg Tech startups are typically founded by young entrepreneurs with more passion than experience. This is as true in India as it is in Silicon Valley. Then there’s Bigbasket, whose founders are veterans of the dotcom bust and mostly north of 50. Drawing on their successes and failures, they’ve turned their six-year-old startup into India’s biggest e-grocer and are taking ...

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EU plans 3 percent digital tax on turnover of US technology firms

Bloomberg Large digital companies operating in the European Union, such as Alphabet Inc. and Twitter Inc., could face a 3 percent tax on their gross revenue based on users’ locations, according to a plan by the European Commission. The proposal by the EU’s executive arm outlines how a targeted levy on sales would increase the tax bill technology companies face, ...

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