Tesla raises $1.2 billion, 20 percent more than planned

(Reuters) - Tesla Inc said on Friday it had raised about $1.2 billion, roughly 20 percent more than it had planned, by selling common shares and convertible debt, ahead of the launch of the crucial Model 3 sedan.

Nokia's mobile networks head quits, to split business

HELSINKI (Reuters) - Nokia's head of mobile networks, the division which accounted for more than half of Finnish telecom network equipment maker's sales last year, is leaving the company.

China's Ant confident of closing MoneyGram deal: exec

BEIJING (Reuters) - Ant Financial Services Group, the world's largest financial technology company, is confident of closing the acquisition of U.S. money-transfer firm MoneyGram International Inc but says it has other options if the deal falls through, a top executive told Reuters.

Japan not considering support for Toshiba, sharing information with U.S.

TOKYO (Reuters) - The Japanese government said it was not considering steps to support embattled Toshiba Corp and will share information with Washington on developments involving the firm and its U.S. nuclear unit Westinghouse.

Baidu leads investment into green car start-up NextEV

Baidu's company logo is seen at its headquarters in Beijing December 17, 2014. REUTERS/Kim Kyung-Hoon

Apple says to add two more R&D centers in China

HONG KONG (Reuters) - Apple will set up two new research and development centers in Shanghai and Suzhou in China, it said in a statement in its Chinese website on Friday.

South Korea court to reassign Samsung chief bribery case to another judge

SEOUL (Reuters) - A South Korean court said on Friday it is reassigning the bribery case of Samsung Group chief Jay Y. Lee to a different judge.

U.S. financial firms embrace cloud, 'fat fingers' notwithstanding

NEW YORK (Reuters) - Only two years ago, an outage similar to the one that struck Amazon's cloud services last month would have reinforced U.S. financial firms' view that shifting data and systems onto the public cloud was just too risky.

Google Points to Another POS Vendor Breach

For the second time in the past nine months, Google has inadvertently but nonetheless correctly helped to identify the source of a large credit card breach — by assigning a “This site may be hacked” warning beneath the search results for the Web site of a victimized merchant. A lit...

Continue reading

Google Points to Another POS Vendor Breach

For the second time in the past nine months, Google has inadvertently but nonetheless correctly helped to identify the source of a large credit card breach — by assigning a “This site may be hacked” warning beneath the search results for the Web site of a victimized merchant. A lit...

Continue reading

Japan minister agrees to share Toshiba case information with U.S.: Kyodo

WASHINGTON (Reuters) - Japan's industry minister said on Thursday he had agreed with the U.S. energy and commerce secretaries to share information on developments involving Toshiba Corp and its troubled U.S. nuclear affiliate, Westinghouse Electric Co., Japan's Kyodo news agency reported.

Judge approves $27 million driver settlement in Lyft lawsuit

SAN FRANCISCO (Reuters) - A U.S. judge gave the final approval on Thursday to a settlement agreement in a class-action lawsuit against Lyft, ending a legal case that challenged the independent contractor status of the company's drivers.

EU consumer authorities to take on Facebook, Google, Twitter

BRUSSELS (Reuters) - European consumer protection authorities will ask social media companies Facebook, Google and Twitter to amend their terms of service within one month or possibly face fines, a source familiar with the matter said on Thursday.

Uber to seek arbitration in Waymo self-driving case

SAN FRANCISCO (Reuters) - A lawyer for Uber [UBER.UL] told a federal judge on Thursday he intended to file a petition to compel arbitration in the Waymo trade secrets theft case, citing an agreement signed by a former Waymo employee who is at the heart of the case.

Adobe reports 21.6 percent rise in quarterly revenue

(Reuters) - Adobe Systems Inc reported a 21.6 percent rise in quarterly revenue, the twelfth straight quarter of increase, as its Creative Cloud package of software tools, which includes Photoshop, added more subscribers.

Plan for Britain? Error messages blight new government website

LONDON (Reuters) - Prime Minister Theresa May's new "Plan for Britain" website stopped working on Thursday shortly after its launch, offering error messages in place of her vision for the country's future outside the European Union.

SWIFT messaging system cuts off remaining North Korean banks

LONDON (Reuters) - SWIFT, the inter-bank messaging network which is the backbone of international finance, said it planned to cut off the remaining North Korean banks still connected to its system, as concerns about the country's nuclear program and missile tests grow.

Snap shares drop 4 percent, fall below $20 for the first time

SAN FRANCISCO (Reuters) - Snap Inc shares tumbled below $20 on Thursday for the first time since the company's $3.4 billion public listing after the Snapchat owner received another "sell" rating from an analyst.

Car industry players diverge on timescale for self-driving cars

Two self-driving electric minibuses are seen on the 130-metre (142-yard) test route between Gare de Lyon and Austerlitz train stations, the first regular line opened by the Paris transport company RATP, in Paris, France, January 24, 2017. REUTERS/Jacky Naegelen

Illinois watchdog first U.S. regulator to join blockchain consortium R3

WASHINGTON (Reuters) - The Illinois Department of Financial and Professional Regulation has joined the blockchain consortium led by startup R3, as financial watchdogs around the world seek to better understand the opportunities and risks of the emerging technology.