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Google begins testing self-driving prototype cars in Austin, Texas

By Paul Lienert DETROIT (Reuters) – Google Inc has begun testing its self-driving cars in Austin, Texas, expanding efforts to gather information on how the prototypes interact with traffic, road conditions and people, the company said early Tuesday. Google has been testing self-driving prototypes since 2009, mainly around its Silicon Valley headquarters in Mountain View, California. Google is sending a second specially equipped Lexus RX450h prototype this week to Austin.

Samsung Electronics profit guidance suggests costly S6 miss

By Se Young Lee SEOUL (Reuters) – South Korean tech giant Samsung Electronics Co Ltd on Tuesday guided for weaker-than-expected second-quarter earnings, as a supply shortage plagued its latest smartphone launch and tepid demand from key markets likely undercut sales. The guidance suggests that Samsung, while on a gradual recovery path, will struggle to replicate the explosive growth it recorded at the turn of the decade as smartphone competition intensifies

The future of travel? A tube called Hyperloop

This was originally the brainchild of billionaire U.S. entrepreneur Elon Musk, who envisioned being able to whisk passengers between San Francisco and Los Angeles in under half an hour. Two years after unveiling plans for a futuristic, high-speed Hyperloop transportation system, Musk has now announced plans for building a test track in southern California and a competition for prototype pods. Several companies subsequently announced plans for pilot projects in California,

Software firm Sage brings funding options to its SME customers

British software company Sage is tying up with lenders Funding Circle and MarketInvoice to give its small business customers easier access to alternative sources of funds. Bank lending in Britain has been weak since the financial crisis and many small businesses have struggled to get finance from traditional lenders. MarketInvoice, which Sage said on Tuesday would be integrated into its small business accounting package, provides short-term funds against outstanding invoices,

New UN development goals will drive nations 'nuts:' Indian economist

An Indian economist and member of a key government panel which formulates policy on social issues slammed the United Nations’ new development goals on Tuesday, saying that having so many goals and targets would drive governments “nuts”. World leaders are due to adopt a set of new development objectives in September, to replace eight expiring U.N. Millennium Development Goals (MDGs). Although the new Sustainable Development Goals (SDGs) will be finalised

FGM app launches in Britain as school holiday danger zone nears

By Kieran Guilbert LONDON (Thomson Reuters Foundation) – A new app designed to educate young people about female genital mutilation (FGM) was launched in Britain on Tuesday amid a government crackdown on people who take girls abroad to undergo the practice during the summer holidays. Britain’s first FGM app, “Petals”, presents facts and information about the practice, offers a quiz to test the user’s knowledge and provides details on where