LG Electronics estimates first quarterly operating loss in six years

SEOUL (Reuters) - South Korea's LG Electronics Inc estimated on Friday it fell to its first quarterly operating loss in six years in October-December, a drop that analysts pinned on continued mobile losses and seasonally weaker appliances sales.

Toshiba to meet banks Tuesday, loan waiver expected: sources

TOKYO (Reuters) - Toshiba Corp plans to meet with creditor banks on Tuesday to explain how it is addressing a massive charge the company says it must take on its U.S. nuclear business, two bankers briefed on the meeting said.

Apple plans first retail store in South Korea, posts hiring notices

SEOUL (Reuters) - Apple Inc said it was planning to open a retail store in South Korea, its first in the country that is home to its smartphone archrival Samsung Electronics Co Ltd .

Google pushes virtual reality harder with new phones from partners

(Reuters) - Alphabet Inc's Google quickened the pace of its push into virtual and augmented reality this week as its hardware partners announced new devices featuring the company’s technology at the CES electronics show in Las Vegas.

Samsung Electronics forecasts fourth quarter profit at over three-year high

SEOUL (Reuters) - Samsung Electronics Co Ltd said on Friday its fourth-quarter operating profit likely leapt 50 percent from a year earlier to its highest in more than three years, beating expectations on strong memory chip and display sales.

U.S. files suit against D-Link, alleging devices vulnerable to hackers

WASHINGTON (Reuters) - The U.S. Federal Trade Commission filed a lawsuit against D-Link Corp on Thursday, arguing that the company failed to take steps to ensure that the routers and internet-linked security cameras that it manufactures could not be hacked.

GM's Cadillac to start car subscription concierge service in NYC

DETROIT (Reuters) - General Motors Co on Feb. 1 will begin a $1,500-per-month on-demand concierge subscription service for Cadillac cars and SUVs in New York, a program it hopes will expand to major cities in the United States, Cadillac said on Thursday.

Norway to switch off FM radio in risky, unpopular shift to digital

OSLO (Reuters) - Norway is set to become the first nation to start switching off its FM radio network next week, in a risky and unpopular leap to digital technology that will be closely watched by other countries considering whether to follow suit.

Niantic Labs taps wearable startup to boost popular Ingress game

TORONTO (Reuters) - Canadian wearable technology startup Mighty Cast unveiled a programmable wristband on Thursday that Pokemon Go developer Niantic Inc is using to add features to its augmented reality online game Ingress.

Verizon executive says company unsure about Yahoo deal

(Reuters) - A senior executive of Verizon Communications Inc said on Thursday the company was unsure about its planned acquisition of Yahoo Inc's internet business.

Streaming overtakes U.S. digital music sales for first time: Nielsen

NEW YORK (Reuters) - Canadian rapper Drake helped music streaming services explode in 2016, rising by 76 percent in the United States to overtake digital sales of music for the first time in history, Nielsen Music said on Thursday.

Flush with funds, Israeli tech firms delay exits

TEL AVIV (Reuters) - Whenever potential buyers have approached Tel Aviv-based Fiverr, the technology firm has said no; like a growing number of Israeli start-ups, it has enough backing from private investors to stay independent for longer.

Apple's App Store generated $20 billion for developers in 2016

(Reuters) - Apple Inc said on Thursday its App Store generated $20 billion for developers in 2016, a 40 percent increase from 2015, helped by the popularity of games such as Pokemon Go and Super Mario Run and increased revenue from subscriptions.

Bitcoin plunges by a fifth

LONDON (Reuters) - Digital currency bitcoin fell more than 20 percent in the space of four hours of trading on Thursday, putting it on track for its worst daily performance in nearly two years.

IT research firm Gartner to buy CEB to expand business analysis

(Reuters) - IT research and advisory company Gartner Inc said on Thursday it would buy CEB Inc , a provider of business research and analysis, in a cash-and-stock deal valued at $2.6 billion to expand its business services.

India reluctant to give special tax incentives to Apple

(Reuters) - India is resisting Apple Inc.'s demand for tax incentives to make iPhones in the country, with the trade minister saying on Thursday that New Delhi may not make exceptions for the U.S. tech giant.

Initial Samsung production target is 10 million Galaxy S8 phones: media

Tim Baxter, president and COO of Samsung Electronics America, speaks during a Samsung Electronics news conference at the 2017 CES in Las Vegas, Nevada January 4, 2017. REUTERS/Steve Marcus

Uber drivers are employees 'eligible for company social security contributions': Swiss agency

A photo illustration shows the Uber app logo displayed on a mobile telephone, as it is held up for a posed photograph in central London, Britain October 28, 2016. REUTERS/Toby Melville/Illustration

Ex-employee sues Snapchat, alleges it misled investors: Hollywood Reporter

(Reuters) - A former employee has dragged Snapchat to court accusing the messaging app of misleading investors and trading partners to drive up its initial public offering, the Hollywood Reporter said citing a court document.

Sharp to consider listing its LCD venture with Foxconn: Nikkei

TOKYO (Reuters) - Japan's Sharp Corp will consider an initial public offering for Sakai Display Products Corp, the LCD joint venture between it and Hon Hai Precision Industry Co (Foxconn) of Taiwan, the Nikkei business daily reported on Thursday.

Ford expands Alexa use, heating up auto personal assistant battle

LAS VEGAS (Reuters) - Ford Motor Co is expanding the use of Amazon.com Inc's Alexa personal assistant in its vehicles to allow drivers to talk to their cars - demanding anything from a nearby cheeseburger to a weather forecast - marking a leap by the Detroit automaker to incorporate a technology ini...

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Toshiba chairman says banks ready to offer financial support

TOKYO (Reuters) - Toshiba Corp Chairman Shigenori Shiga said on Thursday he had heard that the Japanese conglomerate's banks were ready to provide financial support after it was hit earlier in the week by fresh reports of profit padding.

LG Display says in talks with Samsung Electronics on supplying LCD TV panels

SEOUL (Reuters) - South Korea's LG Display Co Ltd was in talks with Samsung Electronics Co Ltd about a supply agreement for television display panels, LG Display Chief Executive Han Sang-beom said.

U.S. Labor department sues Google for compensation data

(Reuters) - The U.S. Department of Labor said on Wednesday it filed a lawsuit against Alphabet Inc's Google unit seeking access to the company's compensation data and documents as part of a routine compliance evaluation.

China's Didi, partners invest over $100 million in Brazil's 99 company

SAO PAULO (Reuters) - Didi Chuxing, China's largest ride-hailing company, is leading a group investing more than $100 million in Brazilian on-demand taxi and ride sharing company 99, the companies said on Wednesday.

Apple pulls New York Times app from iTunes store in China

(Reuters) - Apple Inc has removed the New York Times Co's news apps from its app store in China, following a request from the Chinese authorities.

Snarling traffic, gridlock at CES belies mobility promises

Workers hang signage in the lobby of the Las Vegas Convention Center as they prepare for the 2017 International CES technology trade show in Las Vegas, Nevada January 3, 2017. REUTERS/Steve Marcus

CBS signs deal to be on Hulu's live-streaming platform

The HULU Plus app is played on a Samsung Galaxy phone in this photo-illustration in New York, December 23, 2013. REUTERS/Carlo Allegri

Apple confirms $1 billion investment in SoftBank tech fund: WSJ

The logo of Apple is seen at a store in Zurich, Switzerland November 22, 2016. REUTERS/Arnd Wiegmann

Tesla starts battery cell production at gigafactory

FILE PHOTO: A Panasonic Corp's lithium-ion battery, which is part of Tesla Motor Inc's Model S and Model X battery packs, is pictured with the Tesla Motors logo during a photo opportunity at the Panasonic Center in Tokyo, Japan, November 19, 2013. REUTERS/Yuya Shino/File Photo