Samsung Electronics creates new contract chip manufacturing division

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd said on Friday it has formed a new division within its semiconductor business for contract chip manufacturing in a move to strengthen its competitiveness.

Southeast Asia ride-hailing service Grab says open to more acquisitions

PHNOM PENH (Reuters) - Singapore-headquartered Grab is open to further acquisitions after buying an Indonesian online payments startup, one of the co-founders of the Southeast Asia-focused ride hailing service said.

SoftBank says to invest $5 billion in China ride hailing firm Didi Chuxing

TOKYO (Reuters) - SoftBank Group Corp said it had agreed to invest $5 billion, or 550 billion yen, in China's ride-hailing firm Didi Chuxing, the Japanese company said in its earnings statement.

Ban on minors trips up debut by South Korea's Netmarble Games

SEOUL (Reuters) - Netmarble Games Corp stumbled in its market debut on Friday as a regulatory ban on minors playing its mega-hit game spooked some investors who had clamored to buy into the success of the South Korea's largest smartphone games maker.

U.S. judge rejects Uber bid to move Waymo case to arbitration

SAN FRANCISCO (Reuters) - A U.S. judge on Thursday rejected Uber's [UBER.UL] bid to send its high-profile trade secret dispute with Alphabet's self-driving Waymo unit to a private legal forum, a setback for the ride services company.

Uber adds trucking brokerage firm amid long-haul push

SAN FRANCISCO (Reuters) - Uber Technologies Inc hired the team behind a Chicago transportation brokerage last fall as part of an effort to break into the long-haul trucking industry.

Bank of France warns of phishing attempts using its name

PARIS (Reuters) - France's central bank on Tuesday said there had been an increase in phishing attempts using its name and logo and email addresses purporting to be Bank of France ones.

U.S. intelligence chiefs say reviewing use of Kaspersky software

WASHINGTON/TORONTO (Reuters) - U.S. intelligence officials told a Congressional committee on Thursday they are reviewing government use of software from Russia's Kaspersky Lab as senators raised concerns that Moscow might use the product to attack American computer networks.

Trump signs cyber security executive order: senior official

WASHINGTON (Reuters) - U.S. President Donald Trump on Thursday signed an executive order aimed at strengthening the federal government's cyber security and protecting the nation's critical infrastructure from cyber attacks, a senior administration official told reporters on a call.

Commerce's Ross: China's plans threaten U.S. semiconductor dominance

WASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross sees the U.S. semiconductor industry as still dominant globally but said he is worried that it will be threatened by China’s planned investment binge to build up its own chipmaking industry.

Twitter, NFL sign multi-year deal for live show

(Reuters) - Twitter Inc said on Thursday it signed a multi-year deal with the U.S. National Football League to live-stream pre-game coverage as well as a 30-minute show on the microblogging website.

Sovereign investors hunt for 'unicorns' in Silicon Valley

LONDON (Reuters) - Sovereign investors are sinking more money into tech start-ups and opening offices in Silicon Valley in the hope of bagging a "unicorn" - the rare private firm that grows in value to over $1 billion.

Less than picture perfect: Snap slumps on slowing user growth

(Reuters) - Snap Inc shares slumped 22 percent in premarket trading on Thursday after the owner of the wildly popular Snapchat app's user growth and revenue numbers failed to show that it was adequately dealing with rising competition from Facebook.

Verizon beats AT&T to buy spectrum holder Straight Path

(Reuters) - Verizon Communications Inc , the No.1 U.S. wireless carrier, is buying wireless spectrum holder Straight Path Communications Inc for an enterprise value of about $3.1 billion, ending a bidding war with rival AT&T .

German cyber agency chides Yahoo for not helping hacking probe

BERLIN (Reuters) - Germany's federal cyber agency said on Thursday that Yahoo Inc had not cooperated with its investigation into a series of hacks that compromised more than one billion of the U.S. company's email users between 2013 and 2016.

Russia restores access to Chinese social media app WeChat

MOSCOW (Reuters) - Russia has restored access to Chinese social media app WeChat, developed by Tencent Holdings, Russia's communications watchdog said on Thursday.

India's Snapdeal founders, Nexus reach deal with SoftBank for sale to Flipkart: TV

(Reuters) - Founders of Indian online marketplace Snapdeal and one of its early investors, Nexus, have reached an agreement with SoftBank Group that would allow the Japanese firm to move ahead with its plan to sell Snapdeal to bigger rival Flipkart, ET Now reported, citing sources.

Panasonic expects auto focus to boost annual profit by 21 percent

TOKYO (Reuters) - Panasonic Corp said on Thursday it expects operating profit to rise by one-fifth year-on-year this financial year as investments in advanced automotive parts begin to pay off.

EU top court adviser says Uber is transport service, may needs licenses

LUXEMBOURG (Reuters) - Ride-hailing app Uber is providing transportation services, an adviser to the top European Union court said on Thursday, dealing a blow to the U.S. start-up which has argued it is merely a digital enabler.

Uber says to partner with taxis in Myanmar expansion drive

YANGON (Reuters) - Uber Technologies Inc [UBER.UL] is only hiring government-accredited taxi drivers in Myanmar, a regional executive said, a move that allows it to avoid the legal hurdles that have dogged it across Asia in one of the region's last frontier markets.