TOKYO (Reuters) - Japan Display Inc is considering seeking funds from an outside investor to help finance an overhaul of its ailing smartphone screen-making business, including 3,500 job cuts, the Nikkei business daily reported on Tuesday. The liquid crystal display (LCD) maker is exploring capital ...

NEW YORK (Reuters) - LendingClub Corp and OnDeck Capital Inc surprised investors on Monday with strong growth forecasts that sent the online lenders' stocks soaring, but analysts said the sector's health was still a concern. Online lenders soared in popularity after the financial crisis when banks p...

(Reuters) - International Business Machines Corp said on Monday it will appeal an Indiana judge's ruling that calls for the technology company to pay more than $78 million in damages to the state for failing to modernize the government's welfare system. Marion Superior Court Judge Heather Welch rule...

NEW YORK (Reuters) - Tesla Inc's more than 66 percent rally for the year is prompting some funds to make an outsized bet on the electric car maker. A total of 22 actively managed mutual funds and exchange-traded funds have more than 5 percent of their portfolios in the company, according to Mornings...

FRANKFURT (Reuters) - German industrial group Siemens (SIEGn.DE) expects to update software in some of its medical scanners by the end of the month to deal with vulnerabilities that could, in theory, allow some of this equipment to be hacked, a company spokesman said on Monday. Last week, the U.S. D...

LONDON (Reuters) - Producers of processed lithium - an essential element for batteries used in electric cars - are agreeing long-term contracts with their customers to fund the investments needed to address a looming shortfall. Demand for battery-grade lithium compounds is expected to skyrocket in t...

(Reuters) - U.S. video streaming company Netflix Inc (NFLX.O) said on Monday it bought comic book publisher Millarworld, home to titles such as "Kick-Ass" and "Kingsman," in its first ever acquisition. Millarworld, run by Scottish writer Mark Millar with his wife Lucy, will give Netflix a host of ch...

NEW YORK (Reuters) - U.S. media company Hearst Communications Inc led a $133 million investment in iflix, the Malaysian provider of streaming video said on Monday. Other new investors included Singapore-based EDBI and clients of DBS private bank, iflix said in a statement. Existing shareholders Evol...

(Reuters) - Tesla Inc (TSLA.O) said on Monday it intends to raise about $1.5 billion in a bond offering as the U.S. automaker seeks to ramp up production of its newest electric sedan, the Model 3. The debt offering comes as Tesla receives thousands of advance reservations for the Model 3, which were...

TOKYO (Reuters) - SoftBank Group CEO Masayoshi Son said he was interested in investing in ride-hailing firms Uber Technologies and Lyft but had not made a decision. "We are interested in discussing with Uber, we are also interested in discussing with Lyft, we have not decided which way," he told rep...

LONDON (Reuters) - The risk of cyber attacks targeting ships' satellite navigation is pushing nations to delve back through history and develop back-up systems with roots in World War Two radio technology. Ships use GPS (Global Positioning System) and other similar devices that rely on sending and r...

SEOUL (Reuters) - South Korean prosecutors on Monday sought a 12-year jail term for Samsung Electronics Vice Chairman Jay Y. Lee, over charges that include allegedly bribing the former president for government support to help Lee cement control of the group. Lee, the de facto leader of one of Asia's...

HONG KONG (Reuters) - New York-based startup WeWork on Monday said it will invest $500 million in Southeast Asia and South Korea in its latest effort to tap growing demand for shared office space in Asia. The firm, which provides workspace for users as varied as freelancers, entrepreneurs and corpor...

TOKYO (Reuters) - Toshiba Corp's auditor will sign off on its annual financial results after months of being at odds with the embattled conglomerate - in a step that would lessen the risk of a delisting, the Nikkan Kogyo Shimbun newspaper reported on Monday. The report sent shares in Toshiba jumping...

LONDON (Reuters) - The British government issued new guidelines on Sunday requiring manufacturers of internet-connected vehicles to put in place tougher cyber protections to ensure they are better shielded against hackers. The government said it was concerned that smart vehicles, which allow drivers...

(Reuters) - A growing number of U.S. cable operators are forming alliances with Netflix Inc NFLX.O, a shift that is helping the streaming pioneer add customers as its largest single market matures. No. 3 distributor Charter Communications Inc CHTR.O is expected to make Netflix available through its ...

BERLIN (Reuters) - Germany's top police official has called for tougher laws to fight cyber crime on the illegal internet - the Darknet - and other organized criminal structures, in an interview published on Saturday. Holger Muench, president of the Federal Criminal Police Office, told Die Welt news...

(Reuters) - Apple Inc plans to release a version of its smartwatch later this year that can connect directly to cellular networks, Bloomberg reported on Friday, citing people familiar with the matter. Some of the new models for the Apple Watch will be equipped with LTE chips and be able to perform m...

SAN FRANCISCO (Reuters) - Tesla Inc (TSLA.O) on Friday lowered the base price of its Model X SUV to $79,500 and said improving margins were behind the move, which came as the automaker is ramping up production of its new lower-priced Model 3. Some analysts have been concerned that the launch of the ...

FRANKFURT (Reuters) - Volkswagen (VOWG_p.DE) the world's largest carmaker by sales, is looking to loss-making startup Tesla (TSLA.O) for inspiration on how to improve its core business, the VW brand's chief executive Herbert Diess said in an interview published on VW's website. Asked who VW’s ...

(Reuters) - Alphabet Inc's Google is developing technology to create media content along the lines of Snap Inc's "Discover" platform, the Wall Street Journal reported, citing people familiar with the matter. Google has been in discussions with several publishers, including Vox Media, the Washington ...

(Reuters) - Activist investor Elliott Management Corp on Friday disclosed a 6 percent stake in chipmaker NXP Semiconductors NV (NXPI.O), which is being bought by Qualcomm Inc (QCOM.O) for $38 billion, and indicated it could engage in talks to boost the offer price. Elliott's stake makes it NXP's lar...

NEW YORK (Reuters) - Shares of Viacom Inc (VIAB.O) fell 10 percent on Friday, a day after the owner of MTV and Comedy Central forecast lower sales to U.S. pay-TV companies and streaming video services this quarter. In early trading on the New York Stock Exchange, Viacom shares were down $3.72 at $31...

FRANKFURT (Reuters) - German business software company SAP denied a media report on Friday that said it has imposed a complete freeze on recruitment in order to meet financial targets this year, while reiterating that it had restricted new hirings in some areas.

NAIROBI (Reuters) - Facebook (FB.O) rolled out a tool this week to help Kenyan users spot fake news ahead of a hotly-contested presidential election that has seen supporters of rival candidates trade bitter words online. Voters go to the polls on Tuesday to pick a president, parliament and regional ...

MILAN (Reuters) - Top investor Vivendi last month notified the board of Telecom Italia (TIM) that it was "directing and coordinating" the phone company because it planned to appoint one of its own managers at the Italian group, TIM said on Friday. In a statement released at the request of market reg...

JAKARTA (Reuters) - Alphabet Inc's Google is working with Indonesia to tackle video content deemed to be offensive, including material that might incite violence or hate speech, a senior official of the search giant said on Friday. Google plans to implement its "Trusted Flagger" program in Indonesia...

COPENHAGEN (Reuters) - The Capital Region of Denmark, which is responsible for hospitals in the Copenhagen area, suffered a major breakdown in its information technology systems on Friday, Danish news agency Ritzau reported. Ritzau did not give a reason for the IT problems. The Capital Region of Den...

BEIJING/SHANGHAI (Reuters) - China has taken down two online robots that appeared to go rogue, responding to users' questions with one saying its dream was to travel to the United States and the other admitting it wasn't a huge fan of the Chinese Communist Party. The two "chatbots", BabyQ and XiaoBi...

HONG KONG (Reuters) - China held a drill on Thursday with internet service providers to practice taking down websites deemed harmful, as the country's censors tighten control ahead of a sensitive five-yearly political reshuffle set to take place later this year. Internet data centers (IDC) and cloud...