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Exclusive: Tesla in talks with China's Lishen over Shanghai battery contract – sources

BEIJING (Reuters) – Tesla Inc (TSLA.O) has signed a preliminary agreement with China’s Tianjin Lishen to supply batteries for its new Shanghai car factory, as it aims to cut its reliance on Japan’s Panasonic (6752.T), two sources with direct knowledge of the matter said.

FILE PHOTO: Visitors are seen at the booth of Lishen Battery at a new energy expo in Beijing, China March 22, 2009. REUTERS/Stringer

The companies had yet to reach a decision on how large an order the U.S. electric car company would place, and Lishen was still working out what battery cell size Tesla would require, one of the sources said.

While Panasonic is currently Tesla’s exclusive battery cell supplier, Tesla Chief Executive Elon Musk said in November the U.S. company would manufacture all its battery modules and packs at the Shanghai factory and planned to diversify its sources.

“Cell production will be sourced locally, most likely from several companies (incl Pana), in order to meet demand in a timely manner,” Musk said in a tweet in November.

Other battery makers in the running for contracts could include Contemporary Amperex Technology Co Ltd (300750.SZ) and LG Chem Ltd (051910.KS).

Tesla broke ground on the $2 billion so-called Gigafactory, its first in China, earlier this month and plans to begin making Model 3 electric vehicles (EV) there by the end of the year.

Musk has said the factory will produce “more affordable” vehicles for the Chinese auto market, the world’s biggest, where the firm is facing mounting competition and risks from U.S.-China trade tensions.

Tesla declined to comment, while Lishen did not immediately respond to a request for comment.

Panasonic said in a statement it was studying various possibilities with regards to Tesla’s Shanghai plant, but nothing had been decided. It declined to comment on the possibility of losing exclusive-supplier status with Tesla.

The sources declined to be identified because the discussions are private.

APPLE SUPPLIER

Lishen, which says its clients range from Apple (AAPL.O) and Samsung Electronics (005930.KS) to Geely (0175.HK) and Hyundai Motor (005380.KS), has joined other battery makers in aggressively pursuing contracts with the rapidly growing EV industry.

The Chinese company started mass production of the same type of cylindrical battery made by Panasonic for Tesla’s Model 3 in 2017, in the city of Suzhou about 100 kms (60 miles) away from Shanghai.

Reuters reported on Monday that Panasonic and Toyota Motor Corp (7203.T) were set to launch a joint venture next year to produce EV batteries in an effort to compete with Chinese rivals.

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A joint venture would build on the agreement that the pair announced in late 2017 on joint development of batteries with higher energy density in a prismatic cell arrangement.

It would also help Panasonic cut its heavy reliance on Tesla, whose production delays have weighed on the Japanese company’s earnings.

Panasonic planned to shift most of its prismatic battery-related equipment and facilities in Japan and China to the joint venture, while those producing batteries for Tesla would remain under the company, a source said.

Reporting by Yilei Sun and Tom Daly in BEIJING; additional reporting by Makiko Yamazaki in TOKYO; Editing by Brenda Goh and Stephen Coates

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Cyber Saturday—Challenging Facebook’s ‘#10YearChallenge,’ Tim Cook’s Privacy Plea, Mega Password Leak

Dumpster diving. A huge trove of data spilled onto the web and has been helpfully uploaded to HaveIBeenPwned, a leaked password-checking database for consumers, by security researcher Troy Hunt, the site’s proprietor. The leak, dubbed “Collection #1,” contains nearly 773 million unique email addresses and more than 21 million unique passwords—making it Hunt’s largest-ever upload. It’s unclear where exactly the data originated, although the anonymous person(s) who posted them online claim they came from many different sources. Best use the opportunity to clean up your password hygiene.

Be yourself. Facebook is still combatting disinformation. Nathaniel Gleicher, Facebook’s head of cybersecurity policy, said the media giant booted two Russian operations—including one involving Sputnik, a Moscow-based news agency—off Facebook and Instagram on Thursday. Facebook suspended hundreds of accounts and pages that he said engaged in “coordinated inauthentic behavior.” He noted that the fight against fakers is “an ongoing challenge.”

Chinese finger trap. Federal prosecutors are probing Huawei for allegedly stealing intellectual property from U.S. companies, including components from a T-Mobile phone-testing robot called “Tappy,” reports the Wall Street Journal. The investigation is “at an advanced stage and could lead to an indictment soon,” the Journal’s unnamed sources said. Add this development to the mess of controversies entangling the Chinese company.

Demand a recount. The Financial Times said it discovered evidence of “huge fraud” in the Democratic Republic of Congo’s December presidential election. The paper claims that its own independent tally of votes, based on data leaked by an unnamed source close to Martin Fayulu, the contest’s loser (but actual winner?), exposes the fraud. The report corroborates the view of the Catholic Church, which earlier denounced the election’s “results” after conducting its own audit.

Look; don’t touch. A California judge recently ruled that police officers are not authorized, even in possession of a search warrant, to force suspects to unlock their phones using biometrics, like a fingerprint or facial scan, Forbes reports. Judges had already ruled that passcodes were protected against such coercion, meaning people could refuse to supply them, thereby preventing self-incrimination. The judge, who called the original law enforcement request “overbroad,” wrote, “If a person cannot be compelled to provide a passcode because it is a testimonial communication, a person cannot be compelled to provide one’s finger, thumb, iris, face, or other biometric feature to unlock that same device.”

Just your friendly neighborhood NSA

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Google Is Paying Employees for Six Months of Charity Work

Google’s philanthropic arm, Google.org, has launched a new program that will pay its employees to do pro bono work for nonprofit groups for up to six months.

Google announced the new program, called the Google.org Fellowship, on Tuesday. The purpose is to let Google employees take on full-time pro bono work for the organization’s nonprofit partners, which include groups like the National Domestic Workers Alliance, Girls Who Code, and Amnesty International.

The company aims to achieve 50,000 hours of pro bono work this year.

The fellowship extends Google’s community service outreach and adds to a growing list of volunteer-based initiatives offered by tech companies. It also helps Google accomplish two goals: aid the community with the company’s expertise—as well as motivate employees and help them sharpen their skills, according to the company’s blog.

The launch of Google’s fellowship came after the company piloted a six-month program in which it sent five Googlers to work with Thorn, a nonprofit founded by Ashton Kutcher that develops technology to protect children from sexual abuse. Through the partnership, Google employees helped build tools to find patterns in data that would assist law enforcement in identifying and locating child victims faster.

Since then, seven Google.org fellows, including software engineers and data scientists, started working with Goodwill Industries International, to which Google.org gave $10 million in 2017. Googlers will help the organization get better insight about what works best in their job training programs.

Prior to this program, Google had already offered employees volunteer hours, though a much smaller number, for community service projects.

Google launched GoogleServe in 2008, aiming to encourage employees to participate in community service projects for a day in June. The program also helps match employees’ skillsets to nonprofits’ needs and allows them to spend up to 20 hours of work time volunteering. Last year, more than 5,000 employees volunteered more than 50,000 hours across 400 project, according to Google’s website.

Along the same lines, Salesforce.org, the philanthropic arm of business software company Salesforce, has a Pro Bono Program that offers employees 56 hours of paid volunteer time annually. Between the program’s debut in 2014 and October 2017, Salesforce employees had volunteered 166,000 pro bono hours with 5,700 organizations.

Twitter also offers a community service day. The #TwitterForGood Day, a biannual event at the company, gives employees the chance to do community service at partnering organizations.

Apple premiered its employee volunteer program in 2015. The Apple Global Volunteer Program helps employees organize and support organizations and events in their communities. The program offers training and tools to help them create and promote volunteer events.

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Verizon deepens ties with Apple, offers free Apple Music to some U.S. customers

FILE PHOTO: An Apple company logo is seen behind tree branches outside an Apple store in Beijing, China December 14, 2018. REUTERS/Jason Lee/File Photo

(Reuters) – Verizon Communications Inc (VZ.N) said on Tuesday it will include free Apple Music subscriptions in some of its top-tier U.S. data plans, deepening its ties with the iPhone maker.

Apple Inc (AAPL.O) is increasingly turning for growth to its services segment, which includes businesses such as iCloud storage, Apple Music and the App Store, and has been partnering with rivals in recent months. Two weeks ago, it cut its revenue forecast, blaming iPhone sales in China.

Verizon customers opting for its “Beyond Unlimited” and “Above Unlimited” plans will also get access to free Apple Music from Jan. 17, the U.S. wireless carrier said in a statement vz.to/2RtAiYk.

Last year, Verizon and Apple announced a partnership, giving some customers six months of Apple Music streaming service along with their data plan. The Verizon “Go Unlimited” plan will continue to get a six-month free trial of Apple Music.

Apple in the last few months has made its iTunes service available on some of Samsung Electronics Co Ltd’s (005930.KS) newer smart televisions and has made Apple Music available on Amazon.com Inc’s (AMZN.O) Echo smart speakers.

The Cupertino-based firm is facing a saturated global smart phone market and many users are hanging on to their old iPhones longer than ever.

Reporting by Subrat Patnaik and Supriya Roy in Bengaluru; Editing by Lisa Shumaker

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