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ADP says Ackman’s claims it misled ISS are false

ADP says Ackman’s claims it misled ISS are false

(Reuters) – Automatic Data Processing Inc rejected as “false and misleading” on Tuesday the accusation by billionaire investor William Ackman that the company had made incorrect statements to a proxy adviser. “ADP has not disclosed any material non-public information in its meetings with ISS or any other party,” the company said, adding that it would [...]

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CME to launch Bitcoin futures

CME to launch Bitcoin futures

(Reuters) – CME Group Inc, the world’s largest futures market operator, said on Tuesday it intends to launch Bitcoin futures in the fourth quarter of 2017, pending regulatory approvals. The new contract will be settled in cash, based on the CME CF Bitcoin Reference Rate (BRR), a once-a-day reference rate of the U.S. dollar price [...]

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Google ditched autopilot driving feature after test user napped behind wheel

Google ditched autopilot driving feature after test user napped behind wheel

ATWATER, Calif. (Reuters) – Alphabet Inc’s (GOOGL.O) self-driving car unit stopped developing features that required drivers to take control in dangerous situations, its chief executive said Monday, as autopilot reliance left users prone to distractions and ill-prepared to maneuver. The decision followed experiments of the technology in Silicon Valley that showed test users napping, putting [...]

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