Amazon lent $1 billion to merchants to boost sales on its marketplace

(Reuters) - Amazon.com Inc has stepped up lending to third-party sellers on its site who are looking to grow their business, a company executive said in an interview on Wednesday.

Exclusive: Sirius XM in talks to invest in Pandora - sources

(Reuters) - Sirius XM Holdings Inc, the U.S. satellite radio company controlled by John Malone's Liberty Media Corp, is seeking to invest in internet music provider Pandora Media Inc, people familiar with the matter said.

Toshiba shares up after sources say it aims to name chip ops buyer on June 15

TOKYO (Reuters) - Shares of Toshiba Corp jumped on Thursday after people familiar with the matter said it aims to name a winner for its prized semiconductor business next week.

Samsung Electronics to invest $300 million for U.S. appliances factory: Korea Economic Daily

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd plans to invest $300 million to build an appliances factory in the United States, the Korea Economic Daily reported on Thursday citing unnamed sources.

Parts of Amazon's website appear to be down: Reuters witnesses

(Reuters) - Parts of Amazon.com Inc's U.S. home page appeared to be down on Tuesday, Reuters witnesses and users on Twitter reported.

Judge rules Uber must disclose key document in Waymo self-driving car case

SAN FRANCISCO (Reuters) - A magistrate judge has ruled that Uber Technologies Inc [UBER.UL] must hand over a key document that could shed light on what its executives knew about alleged theft of trade secrets from Alphabet Inc's Waymo self-driving car unit.

Renault plans foray into energy market with mega battery

FRANKFURT (Reuters) - Renault-Nissan is drawing up plans to build a 100 megawatt power storage plant in Europe, sources told Reuters, hoping to give electric car batteries a second life in a project that could eventually compete with utility companies.

IKEA to try selling through third parties

STOCKHOLM (Reuters) - IKEA plans to test selling its products on websites other than its own, the head of brand and strategy owner Inter IKEA Group said on Wednesday, as the world's biggest home furnishing retailer targets more online customers.

Asia Pacific’s Most Innovative Universities - 2017

(Reuters) - The news out of South Korea is dominated by political instability, but inside the country, strong and stable relationships between academia and industry continue to drive economic growth and technological innovation. That’s the conclusion of Reuters’ second annual ranking of ...

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Kinnevik to sell remaining stake in Rocket Internet

BERLIN (Reuters) - Swedish investor Kinnevik said it is selling its remaining 6.6 percent stake in German ecommerce company Rocket Internet in an accelerated bookbuilding process.

Exclusive: Toshiba seeks chips buyer June 15, blasts bidder Western Digital

TOKYO (Reuters) - Japan's Toshiba Corp aims to name a winner for its prized semiconductor unit next week, people familiar with the matter said on Wednesday, even as the struggling conglomerate criticized the chip partner that is fighting to win the lucrative business.

Samsung to double mobile phone capacity at main Indian factory

MUMBAI (Reuters) - Samsung Electronics plans to double the production capacity for mobile phones and fridges at its main factory in India, expanding in a country where U.S. rival Apple Inc. has started assembling phones.

ShotSpotter's shares shoot up in debut

(Reuters) - Shares of gunshot-detection company ShotSpotter Inc , which is backed by walkie-talkie maker Motorola Solutions , rose as much as 21 percent in their market debut on Wednesday.

Exclusive: Loophole allows Uber to avoid UK tax, undercut rivals

LONDON (Reuters) - Car service Uber is using a gap in EU and UK tax rules to avoid incurring sales tax on the booking fees it charges drivers in Britain, a practice a senior politician said was unfair to competitors and defied the intent of the law.

Facebook launches features to connect U.S. users to elected officials

WASHINGTON (Reuters) - Facebook Inc announced a set of three new features on Wednesday intended to boost civic engagement among users in the United States on its platform by connecting them more easily with their elected representatives.

Blackberry introduces auto software, will bundle with Qualcomm chips

TORONTO (Reuters) - Blackberry Ltd. said on Wednesday it has developed new software for running complex computer systems on vehicles that will be bundled with semiconductors sold by Qualcomm Inc .

Delphi, Transdev to develop self-driving shuttle service in Europe

DETROIT (Reuters) - Delphi Automotive PLC will partner with Paris-based Transdev Group, a public transport service controlled by the French government, to develop an automated on-demand shuttle service in Europe, the companies said on Wednesday.

Illumio raises $125 million as cyber security firm targets sales growth

(Reuters) - Cyber security firm Illumio said on Wednesday that it has raised $125 million in a funding round led by J.P. Morgan Asset Management that will help finance product development and international expansion as the unprofitable, privately-held company looks to increase sales.

Sony's PlayStation VR headset sales top one million units

TOKYO (Reuters) - Sony Corp has sold more than one million units of its virtual reality (VR) headset globally, the Asia chief of the Japanese firm's gaming unit said on Wednesday, as a relatively low price helps push the product into an early lead.

Toshiba asks Western Digital again to drop challenge to Toshiba's chip business sale

TOKYO (Reuters) - Toshiba Corp on Wednesday asked Western Digital Corp once again to stop challenging the Japanese conglomerate's plans to sell its chip business.