Olympics - Tokyo launches mobiles-to-medals recycling campaign

TOKYO (Reuters) - Members of the Japanese public lined up to donate unwanted mobile phones that will be recycled into medals for the 2020 Olympic Games, as a project aimed at promoting sustainability was launched on Thursday.

SMBC head says will give Toshiba as much support as possible

TOKYO (Reuters) - Sumitomo Mitsui Banking Corp, one of the main lenders to Toshiba Corp , will provide as much support as possible to the troubled electronics conglomerate, the bank's chief executive said on Thursday.

India's Tata Motors, Microsoft ink technology collaboration deal

MUMBAI (Reuters) - Tata Motors Ltd and Microsoft India on Thursday announced a strategic collaboration on the technology front to make driving a more personalized experiences for the customers, the companies said in a joint statement.

Snap sets valuation at lower end of expectation: WSJ

(Reuters) - Snap Inc, the owner of the popular messaging app Snapchat, has set a valuation range for itself of $19.5 billion to $22.2 billion in its initial public offering, the Wall Street Journal reported, citing sources.

Atomico closes $765 million tech venture fund, Europe's biggest

FRANKFURT (Reuters) - Atomico, which has spent the past decade proving startups can prosper outside Silicon Valley, said on Thursday it had closed Europe's largest standalone tech venture fund, a $765 million war chest that reflects the region's growing financing firepower.

Lenovo third-quarter net profit falls 67 percent, misses estimates

HONG KONG (Reuters) - Lenovo Group Ltd , the world's largest personal computer (PC) maker, on Thursday posted a 67 percent slide in third-quarter net profit, lagging analyst estimates, as supply constraints and a weak macroeconomic environment weighed.

Former U.S. Justice Department official warns Europe on election hacking

FILE PHOTO: U.S. Assistant Attorney General for National Security John Carlin addresses a news conference to announce indictments on Iranian computer hackers, in Washington March 24, 2016. REUTERS/Jonathan Ernst/File Photo

Samsung chief arrives at prosecutor's office before arrest hearing

SEOUL (Reuters) - Samsung Group chief Jay Y. Lee appeared at South Korea's special prosecutor's office on Thursday before a court hearing that will decide whether to issue an arrest warrant over his role in a corruption scandal that has engulfed President Park Geun-hye.

U.S. takes pastor, software developer to trial over bitcoin exchange

NEW YORK (Reuters) - A Florida software engineer and a New Jersey pastor engaged in lies and corruption to facilitate an illegal bitcoin exchange business whose operators wanted to take over a small credit union to evade scrutiny, a federal prosecutor said on Wednesday.

TripAdvisor revenue misses estimates, shares slip

(Reuters) - Travel review website TripAdvisor Inc reported lower-than-expected quarterly revenue, hurt by a fall in display advertisements on its websites and a drop in subscription revenue.

Spotify to relocate U.S. headquarters to 4 World Trade Center

(Reuters) - New York Governor Andrew Cuomo said on Wednesday Swedish music service company Spotify will expand its U.S. headquarters and relocate it to 4 World Trade Center, creating more than 1,000 new jobs and retaining 832 jobs.

SoftBank to buy Fortress Investment for $3.3 billion

TOKYO (Reuters) - Japan's SoftBank Group Corp on Wednesday said it has agreed to buy Fortress Investment Group LLC for about $3.3 billion, looking to add investment expertise as it prepares to launch the world's largest private equity fund.

Fossil's smartwatch push seen eating into margins

(Reuters) - Fossil Group Inc's shares plunged 20 percent to an eight-year low on Wednesday after the watchmaker's grim full-year forecast indicated that the company's push into smartwatch business would weigh on its margins.

Verizon reaches tentative agreement to lower price of Yahoo deal: Bloomberg

(Reuters) - Verizon Communications Inc has tentatively reached a revised deal that would lower by about $250 million the price to acquire Yahoo Inc's core internet business, Bloomberg reported on Wednesday.

Toyota sees plug-in hybrids catching on faster than conventional hybrids

TOKYO (Reuters) - Toyota Motor Corp's chairman, who led the development of the Toyota Prius, expects the latest plug-in hybrid vehicles (PHVs) will catch on with consumers far more rapidly than the original Prius did.

Toshiba asks for extension of waiver on loan covenant violation: sources

Reporters raise their hands for a question during a news conference by Toshiba Corp CEO Satoshi Tsunakawa and other senior sompany officials at the company's headquarters in Tokyo, Japan February 14, 2017. REUTERS/Toru Hanai

South Korea prosecutor says secured additional evidence against Samsung chief

South Korea's special prosecutor's office said on Wednesday it had expanded charges against Samsung Group chief Jay Y. Lee to include hiding the proceeds of a criminal act before it decided to seek a warrant for his arrest. A Seoul court said on Tuesday it would hold a hearing on Thursday to decide ...

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Samsung Elec shares down as prosecution seeks arrest of Samsung chief

SEOUL (Reuters) - Samsung Electronics shares fell for a fourth consecutive session on Wednesday, after South Korean special prosecutors said they would seek a warrant to arrest Samsung Group chief Jay Y. Lee as part of a corruption probe.

Toshiba shares slide 10 percent after $6.3 billion writedown

TOKYO (Reuters) - Shares of Toshiba Corp tumbled 10 percent on Wednesday morning after the electronics conglomerate said it would book a $6.3 billion hit to its U.S. nuclear unit, a writedown that wipes out its shareholder equity.

Apple breaks intraday record high for first time since 2015

SAN FRANCISCO (Reuters) - Apple Inc's share price hit an intraday record high on Tuesday for the first time in almost two years as investors raised bets that a 10th anniversary iPhone will boost lackluster sales.

Facebook launches app for watching its videos on TV

(Reuters) - Facebook Inc is launching an app for smart TVs that will help the social network's users enjoy its videos on a bigger screen.

Brazil judge rules Uber drivers are employees, deserve benefits

SAO PAULO (Reuters) - A Brazilian judge ruled that a driver using the Uber ride-hailing app is an employee of the San Francisco-based company and is entitled to workers' benefits, adding to the global debate over labor rights for drivers on the platform.

Canada's SecureKey wins U.S. grant for digital identity network

TORONTO (Reuters) - SecureKey Technologies and a Canadian non-profit coalition have received a grant from a research center funded by the U.S. Department of Homeland Security to help build a digital identity network, the Toronto-based tech company said on Tuesday.

YouTube, Disney ditch PewDiePie over anti-Semitic content

LOS ANGELES (Reuters) - YouTube and Walt Disney Co have cut their ties with influential Swedish social media star PewDiePie after he posted a series of videos deemed anti-Semitic.

'Digital Geneva Convention' needed to deter nation-state hacking: Microsoft president

SAN FRANCISCO (Reuters) - Microsoft President Brad Smith on Tuesday pressed the world's governments to form an international body to protect against nation-state hacking, saying recent high-profile attacks showed a need for global norms that police government activity in cyberspace.

Infosys seeks to reassure investors over governance

MUMBAI (Reuters) - Indian IT services group Infosys on Tuesday reassured investors and analysts it was not being distracted by a dispute with its founders over how it was being managed.

T-Mobile U.S. quarterly revenue, profit beat estimates

(Reuters) - T-Mobile US Inc, the No.3 U.S. wireless carrier, reported quarterly profit and revenue above estimates as promotional offers helped add more subscribers.

Mattel to sell toys on Alibaba's Tmall

(Reuters) - Barbie maker Mattel Inc became the latest U.S. company to sell products on Chinese e-commerce giant Alibaba Group Holding Ltd's online marketplace Tmall to expand its reach in China.

UK cybercrime body launches private sector drive as Queen opens new HQ

LONDON (Reuters) - Britain's new National Cyber Security Centre (NCSC) invited private sector companies to train and collaborate with it on cyber defense, as Queen Elizabeth formally opened its London hub on Tuesday.

Daimler strikes electric vehicle agreement with workers at German plant

FRANKFURT (Reuters) - Daimler has struck an agreement with workers at Mercedes-Benz's biggest transmission factory in Germany, under which work on electric vehicles (EVs) will be based at the plant near the carmaker's home town of Stuttgart.