EY August Tech World

Hello and welcome to Tech World, your quick roundup of the top technology news from across the world.

In this episode, we bring you the latest on Toyota’s and Uber’s partnership, the UK’s plans to replace the EU’s Galileo space project post-Brexit and Trump’s criticism of Google.

For this month’s hot topics interview we spoke to Olivier Wolf about tech trends and M&A activity in the sector.

First though, here are your top international headlines.

Toyota to invest in Uber

Japanese car manufacturer Toyota is to invest $500m in Uber and expand a partnership to develop self-driving cars.

According to the firm, the joint partnership will involve the “mass production” of autonomous vehicles that would be deployed on Uber’s ride-sharing network.

The partnership has been touted as a way for both companies to catch up with rivals in the hotly contested driverless car market.

The deal would value Uber at approximately $72bn, despite its mounting losses.

Multi-million pound satellite project

UK Prime Minister Theresa May has announced a multi-million pound satellite project in a bid to develop a UK rival to the EU’s Galileo programme.

Expecting Britain to be frozen out of the EU’s project following Brexit, May revealed that £92m would be spent on the alternative system.

She noted the rival was not an “idle threat” and Britain would refuse to be an “end user” of the current project.

The issue has been a focal point of the disagreement between Westminster and Brussels regarding the UK’s future relationship with the EU.

Trump and Google

Last but by no means least, Donald Trump has accused Google of “rigging” search results – claiming the technology giant gave greater prominence to negative stories about him while actively suppressing positive articles published by conservative news outlets.

In a tweet written earlier this month, the US president claimed search results for “Trump news” only showed reports from “Fake New Media”, with his arch nemesis CNN featuring heavily.

Trump then went on to accuse the tech giant of “controlling what we can and cannot see” and warned it was a “very serious situation” which “will be addressed”.

He also claimed that 96% of Google results were from the “National Left-Wing Media”, adding this was “very dangerous”.