(Reuters) - Walt Disney Co's (DIS.N) plan to plunge into a crowded streaming services market, dominated by pioneer Netflix Inc (NFLX.O), could bring some initial pain, but the strength of the company's content is expected to help it pull through in the long run. Shares of the world's biggest enterta...
HONG KONG (Reuters) - Demand for cyber insurance from firms in Greater China and elsewhere in Asia is poised to soar, based on enquiries received after the "WannaCry ransomware" attack earlier this year, executives at American International Group Inc (AIG.N) said. The U.S. insurer saw an 87 percent ...
MEXICO CITY (Reuters) - A U.S. proposal for Mexico and Canada to vastly raise the value of online purchases that can be imported duty-free from stores like Amazon.com (AMZN.O) and eBay (EBAY.O) is emerging as a flashpoint in an upcoming renegotiation of the NAFTA trade deal. Vulnerable industries li...
TOKYO (Reuters) - Hitachi Ltd said on Wednesday that U.S. buyout firm KKR has put on hold a planned tender offer for its chip-making equipment and video solution unit, Hitachi Kokusai Electric, that had been scheduled for early August. KKR had announced on April 26 plans to buy 48.33 percent of Hita...
MOSCOW (Reuters) - Russia's biggest search engine Yandex said on Wednesday it would set up an e-commerce joint venture with Russia's biggest bank Sberbank on the Yandex.Market platform. Sberbank will invest 30 billion rubles ($500.87 million) into Yandex.Market, valuing it at 60 billion rubles, Yand...
LONDON (Reuters) - U.S. credit card processing company Vantiv moved closer to creating a $29 billion global payments powerhouse on Wednesday with a formal offer to buy Britain's Worldpay for 8 billion pounds ($10 billion). Although the deal was first announced on July 5, it has taken several weeks o...
TOKYO (Reuters) - Japan Display Inc on Wednesday said it would reduce 50 billion yen ($455 million) in annual fixed costs through restructuring steps, including consolidating production sites and cutting jobs. The liquid crystal display (LCD) maker said it would cut about 3,500 jobs overseas and 240...
NEW YORK (Reuters) - Fidelity Investments Inc has started allowing clients to use its website to view their holdings of bitcoin and other cryptocurrencies held through digital wallet provider Coinbase, the company said on Wednesday. The initiative, previously tested with the Boston-based money manag...
TOKYO (Reuters) - Toshiba Corp's shares jumped more than 9 percent early on Wednesday after sources told Reuters the Japanese conglomerate's auditor was likely to sign off on its annual results. PricewaterhouseCoopers Aarata LLC will give a "qualified opinion" endorsing Toshiba's finances in the fin...
(Reuters) - HBO, the Time Warner Inc (TWX.N) cable network that broadcasts "Game of Thrones," confirmed on Tuesday that it was investigating a hack that it disclosed to employees 10 days ago. “The forensic review is ongoing," HBO said in an emailed statement, noting that it was working with cy...
Adobe has released updates to fix dozens of vulnerabilities in its Acrobat, Reader and Flash Player software. Separately, Microsoft today issued patches to plug 48 security holes in Windows and other Microsoft products. If you use Windows or Adobe products, it’s time once again to get you...
Adobe has released updates to fix dozens of vulnerabilities in its Acrobat, Reader and Flash Player software. Separately, Microsoft today issued patches to plug 48 security holes in Windows and other Microsoft products. If you use Windows or Adobe products, it’s time once again to get you...
SAN FRANCISCO (Reuters) - SoftBank Group Corp is investing $1 billion in Fanatics Inc as a part of a funding round that values the sports e-commerce company at $4.5 billion, according to sources familiar with the matter. The new funding is expected to close later this month, one of the people said, ...
BERLIN (Reuters) - A German-Israeli artist who accuses Twitter of failing to delete hate speech tweets has taken matters into his own hands - by stencilling the offending messages on the road in front of the company's Hamburg headquarters. A post on video-sharing site YouTube showed Shahak Shapira a...
WASHINGTON (Reuters) - U.S. trade officials have agreed to investigate Qualcomm Inc's allegations that Apple Inc infringed on patents with its iPhone7 and other devices, the U.S. International Trade Commission said in a statement on Tuesday. The ITC said it will make its decision "at the earliest pr...
SAN FRANCISCO (Reuters) - The male Google engineer fired for circulating a memo decrying the company's diversity hiring program became the center of a heated debate on sexism, drawing scorn, cheers and even a job offer on Tuesday from WikiLeaks publisher Julian Assange. James Damore confirmed his di...
MILWAUKEE (Reuters) - U.S. authorities have postponed the arraignment of a British security researcher Marcus Hutchins, credited with neutralizing the global "WannaCry" ransomware attack, in an unrelated hacking case, the U.S. District Court in Milwaukee said on Tuesday. Hutchins, 23, who was arrest...
(Reuters) - Uber Technologies Inc [UBER.UL] is evaluating options for its capital-intensive U.S. car-leasing business, including a sale of the unit, a source familiar with the matter said. Other options for the business - Xchange Leasing - could include a partnership or winding it down by reducing t...
FRANKFURT (Reuters) - Computer chip maker Intel Corp (INTC.O) has further extended its offer to buy out remaining shareholders of Mobileye NV (MBLY.N) after securing 84 percent of the acquisition target's shares, the two companies said on Tuesday. Intel and Mobileye said they had begun a follow-up o...
LONDON (Reuters) - Parents who think they are being responsible by limiting their children's time online should think again: they could be putting their kids and Britain's security at a disadvantage, according to a former British spy chief. "If you appear to be spending your holiday unsuccessfully a...
