TOKYO (Reuters) - Toshiba Corp (6502.T) has signed a memorandum to step up talks to sell its memory chip business to a group led by private equity firm Bain Capital and chipmaker SK Hynix Inc (000660.KS), the Nikkei newspaper said on Wednesday. But the struggling Japanese conglomerate also plans to ...

(Reuters) - Brian Acton, co-founder of WhatsApp, now owned by Facebook Inc (FB.O), will leave the messaging service company to start a new foundation, he said in a Facebook post on Tuesday. Acton spent eight years with WhatsApp, which Facebook bought in 2014 for $19 billion in cash and stock. A Stan...

CUPERTINO, Calif. (Reuters) - More than two years after releasing the Apple Watch, Apple Inc has finally been able to replicate 1940s comic strip technology, an advance that analysts say will spur sales. The Series 3 of the Apple Watch, released on Tuesday along with the much-anticipated iPhone X, f...

WASHINGTON (Reuters) - Equifax Inc “will make changes” after a security breach in July that may have exposed the data of up to 143 million people, the company’s Chief Executive Officer Richard Smith said in an opinion piece in USA Today on Tuesday. Smith said the company first lear...

SHANGHAI/BEIJING (Reuters) - China’s move last week to ban initial coin offerings (ICO) has caused chaos among start-ups looking to raise money through the novel fund-raising scheme, prompting halts, about-turns and re-thinks. China is cracking down on fundraising through launches of token-bas...

(Reuters) - At around $830 billion, Apple Inc’s (AAPL.O) stock market value on the day of its newest iPhone launch towers over its next-largest rival and has Wall Street asking: Will it be the first listed company to crack the Big T? If history is any guide, the unveiling on Tuesday of the iPh...

WASHINGTON (Reuters) - The head of the 1.4-million member International Brotherhood of Teamsters union is mounting an aggressive effort to convince Congress to reject new rules to speed the deployment of self-driving trucks, warning they could lead to the loss of hundreds of thousands of jobs and re...

CUPERTINO, Calif. (Reuters) - Apple Inc on Tuesday rolled out its much-anticipated iPhone X, a glass and stainless steel device with an edge-to-edge display that Chief Executive Tim Cook called “the biggest leap forward since the original iPhone.” The launch contained few surprises, with...

WASHINGTON/SAN FRANCISCO (Reuters) - Some of the ads bought by Russians on Facebook last year promoted events during the U.S. presidential campaign, Facebook Inc said on Tuesday, indicating that alleged meddling ahead of the 2016 election went beyond social media. Facebook said in a statement that i...

CUPERTINO, Calif. (Reuters) - Apple Inc on Tuesday rolled out its much-anticipated iPhone X, a redesigned product of glass and stainless steel with an edge-to-edge display that Apple Chief Executive Tim Cook called “the biggest leap forward since the original iPhone.” The phone features ...

NEW YORK (Reuters) - Bitcoin “is a fraud” and will blow up, Jamie Dimon, chief executive of JPMorgan Chase & Co (JPM.N), said on Tuesday. Speaking at an investor conference in New York, Dimon said, “The currency isn’t going to work. You can’t have a business where p...

SAN FRANCISCO (Reuters) - Slack Technologies Inc on Tuesday announced support of four new languages and a Shared Channels feature that allows employees of different companies to work together on the popular workplace communication software. Slack is rolling out the product updates as competition mus...

BRUSSELS (Reuters) - The European Union's plans to raise more tax from major internet companies such as Google and Amazon are more ambitious than the levy on turnover proposed by France, the EU presidency said, warning of the possible drawbacks of "quick fix" solutions.

NEW YORK (Reuters) - Bitcoin trading "is a fraud" and will blow up, Jamie Dimon, chief executive officer of JPMorgan Chase & Co said on Tuesday.

CUPERTINO, Calif. (Reuters) - Apple Inc rolled out a new version of the Apple Watch on Tuesday, marking the first introduction at the company's biggest product launch in years, which was expected to showcase a completely redesigned top-of-the-line iPhone.

WASHINGTON (Reuters) - The chairman of the U.S. National Transportation Safety Board (NTSB) said on Tuesday “operational limitations” in the Tesla Model S played a “major role” in a May 2016 crash that killed a driver using the vehicle’s semi-autonomous “Autopilot...

FRANKFURT (Reuters) - German automotive supplier Continental is still interested in working with digital mapping firm HERE, Chief Executive Elmar Degenhart said on Tuesday.

WASHINGTON (Reuters) - Moscow-based cyber security firm Kaspersky Lab said on Tuesday it is considering making changes to its subsidiary dedicated to selling products to the U.S. government, amid allegations the company may be vulnerable to Russian government influence. The decision comes as the U.S...

(Reuters) - AT&T Inc (T.N), which is buying Time Warner Inc (TWX.N), said it plans to reinvest more advertising revenue into content as it goes head-to-head with online streaming services such as Netflix Inc (NFLX.O). AT&T also said it would now offer Time Warner’s premium cable channe...

WASHINGTON (Reuters) - A U.S. senator called on Tuesday for a criminal probe of actions taken by executives of credit bureau Equifax(EFX.N) after a massive data breach this summer and said their actions were comparable to insider trading. Senator Heidi Heitkamp, a North Dakota Democrat who sits on t...

WASHINGTON (Reuters) - The chairman of the U.S. National Transportation Safety Board (NTSB) said on Tuesday “operational limitations” in the Tesla Model S played a “major role” in a May 2016 crash that killed a driver using the vehicle’s semi-autonomous “Autopilot...

Tokyo (Reuters) - Toshiba Corp (6502.T) now favors a group led by Bain Capital LP and SK Hynix Inc (000660.KS) to buy its prized semiconductor business, as it failed to bridge key gaps with its business partner and rival bidder Western Digital Corp (WDC.O), two people briefed on the matter said on T...

TOKYO (Reuters) - Toshiba Corp (6502.T) now favors a group led by Bain Capital LP and SK Hynix Inc (000660.KS) as buyer for its prized semiconductor business, as it has failed to bridge key gaps with its business partner and rival bidder Western Digital Corp (WDC.O), two people briefed on the matter...

SAN FRANCISCO (Reuters) - Only a couple of years ago, billions of venture capital dollars were flowing into so-called on-demand businesses that hoped to mimic Uber Technologies Inc and provide a service at the touch of a smartphone app. But the demise last week of valet parking company Luxe, which f...

NEW YORK (Reuters) - New York-based software company R3 CEV has partnered with Britain’s financial watchdog and two large banks to develop a blockchain-based application to improve the regulatory reporting of mortgage transactions. R3 said on Tuesday that it had developed a prototype of the sy...

FRANKFURT (Reuters) - British games maker Bossa Studios on Tuesday said it has raised $10 million in a funding round led by European venture capital firm Atomico, ahead of the launch of the company’s pirate-themed multiplayer online title, Worlds Adrift. Bossa founders Henrique Olifiers and Im...

CUPERTINO, Calif. (Reuters) - A decade after then-CEO Steve Jobs unveiled the first iPhone, Apple Inc (AAPL.O) on Tuesday is set to introduce a completely redesigned top-of-the-line iPhone along with two other new phones, as well as a big upgrade to the Apple Watch and a higher-definition Apple TV. ...

SEOUL (Reuters) - Samsung Electronics Co Ltd on Tuesday said pre-orders for its Galaxy Note 8 premium smartphone have hit the highest-ever for the Note series, beating its predecessor Note 7 over five days by about 2.5 times. Samsung is banking on the device to protect its market dominance as it com...

SEOUL (Reuters) - Pre-orders for Samsung Electronics Co Ltd’s (005930.KS) latest premium smartphone Galaxy Note 8 are currently the highest among the Note series, the tech giant’s mobile chief said on Tuesday. “Since the August 23 New York unpack, many buyers and partners said the ...

FRANKFURT (Reuters) - European car bosses gathering for the Frankfurt auto show are beginning to address the realities of mass vehicle electrification, and its consequences for jobs and profit, their minds focused by government pledges to outlaw the combustion engine. As the latest such announcement...