London tech leaders propose post-Brexit plan to British government

LONDON (Reuters) - London's standing as Europe's leading destination for tech start-ups is at risk if the British government does not clarify how it plans to keep the best technical talent, entrepreneurs and investors have warned.

Discounts, advertising spur brisk Apple Watch sales

SAN FRANCISCO (Reuters) - Apple Watch sales appear to have rebounded for the holidays from mid-year doldrums on a redesign, price cuts and strong promotions, but analysts say long-term demand has yet to be proven.

Little African primate's talents inspire leaping robot

WASHINGTON (Reuters) - Inspired by the remarkable jumping ability of an African primate called a galago, scientists have fashioned a small robot with unique leaping capabilities they hope can someday be used in tricky search-and-rescue situations.

Trump says Softbank to invest $50 billion in United States

A man looks at the logo of SoftBank Group Corp at the company's headquarters in Tokyo, June 30, 2016. REUTERS/Toru Hanai - RTX2J5GG

California EPA says settled with Apple on hazardous waste claims

(Reuters) - The California Environmental Protection Agency on Tuesday said Apple Inc had agreed to pay $450,000 to settle state claims that it had mishandled hazardous electronic waste at a facility in Sunnyvale, California.

Norway's Schibsted to hire more staff to stave off Facebook in classified ads

OSLO (Reuters) - Norwegian media group Schibsted plans to add 200 people to its 1,800-strong technology team in the next year to further develop its online classified ads business and fend off competition from Facebook, its chief executive says.

New joystick enables drone flying with one hand

SEOUL (Reuters) - A South Korean start-up company has developed a thumb joystick that allows users to fly a drone with one hand, replacing the traditional two-handed joystick.

Not 'As Seen on TV': Snuggie maker sues Amazon.com

NEW YORK (Reuters) - Makers of the Snuggie blanket and other products sold mainly on TV have sued Amazon.com Inc , accusing the Internet retailer of trademark infringement for letting an "astronomical" number of counterfeit products to be sold through its website.

Supreme Court rules for Samsung in smartphone fight with Apple

(Reuters) - The Supreme Court on Tuesday sided with Samsung in its big-money smartphone patent fight with Apple, throwing out an appeals court ruling that said the South Korean company had to pay a $399 million penalty to its American rival for copying key iPhone designs.

Google meets renewable energy goal for global operations

(Reuters) - Alphabet’s Google is on track to purchase enough renewable energy to cover all its global electricity consumption next year, the company said on Tuesday.

Cyber security start-up Secdo raises $10 million

TEL AVIV (Reuters) - Secdo has raised $10 million in a funding round led by RDC, a subsidiary of Israel's Elron Electronic Industries and Rafael, Check Point Software co-founder Marius Nacht, and the founders of Anobit, which was acquired by Apple.

KKR to buy majority stake in cybersecurity firm Optiv from Blackstone

(Reuters) - Private equity firm KKR & Co said on Tuesday it would acquire a majority stake in cybersecurity company Optiv Security Inc, which is majority owned by Blackstone Group LP .

Roper Technologies to buy software firm Deltek in $2.8 billion deal

(Reuters) - IT service provider Roper Technologies Inc said it would buy business software provider Deltek [THBVOK.UL] from private equity firm Thoma Bravo in a cash deal valued at $2.8 billion.

Mobile-phone based bank Number26 expands to 17 European markets

LONDON (Reuters) - Smartphone-only bank Number26 is now offering its services in 17 countries in the euro zone, expanding from a smaller core of European markets it entered a year ago, it said on Tuesday.

GoDaddy to buy Host Europe for $1.82 billion to boost web hosting business

(Reuters) - U.S.-based website domain name provider GoDaddy Inc said on Tuesday it would buy peer Host Europe Group (HEG) for 1.69 billion euros ($1.82 billion), including debt, as it looks to expand beyond the initial set-up of websites.

Oil firms and carmakers diverge in costly debate

LONDON (Reuters) - Many carmakers are predicting a significant shift to electric vehicles in the next decade. Advances in battery technology and the growth of autonomous driving and ride sharing - suited to electric vehicles - will power this expansion, they reason.

Alipay expands partnerships to tap Chinese travelers to Europe

A sales assistant sits behind and under Alipay logos at a train station in Shanghai, February 9, 2015. REUTERS/Aly Song/File Photo

Toyota to expand hybrid system development to further cut emissions

Toyota Motor Corp's logo is pictured on a car in Tokyo, Japan, November 8, 2016. REUTERS/Kim Kyung-Hoon

Apple Watch sales to consumers set record in holiday week, says Apple's Cook

SAN FRANCISCO (Reuters) - Sales of the Apple Watch to consumers set a record during the first week of holiday shopping, and the current quarter is on track to be the best ever for the product, Apple Inc Chief Executive Tim Cook told Reuters.

Delaware Court revives case over Pincus's Zynga stock sale

WILMINGTON, Del. (Reuters) - The Delaware Supreme Court revived a lawsuit against Zynga Inc's controlling shareholder, Mark Pincus, and fellow board members for allegedly allowing leaders of the social gaming company to act on inside information and dump stock before it crashed in 2012.

Web giants to cooperate on removal of extremist content

BRUSSELS (Reuters) - Web giants YouTube, Facebook, Twitter and Microsoft will step up efforts to remove extremist content from their websites by creating a common database.

Former hedge fund exec's Empire Report keeps tabs on New York

BOSTON (Reuters) - Former hedge fund executive JP Miller launched an app on Monday for his startup news site Empire Report that is modeled on the Drudge Report and chronicles New York, its politicians, financiers and celebrities.

Chilean start-up that uses AI to reinvent food eyes U.S. deals

SANTIAGO (Reuters) - A Chilean start-up that has built artificial intelligence software to help recreate animal-based foods using plants is looking toward U.S. multinationals after signing deals at home to sell its products, the company's founders said.

Tech investors say UK must clarify Brexit immigration stance

LONDON (Reuters) - London could lose its position as the leading destination for start-ups in Europe if it does not remain open to the best talent after the British vote to leave the European Union, investors warned on Monday.

U.S. makes new arrest in fraud probe of bankrupt video tech firm

NEW YORK (Reuters) - U.S. prosecutors on Monday announced the arrest of a New Jersey man accused of engaging in a multimillion-dollar fraud scheme involving bankrupt video technology firm Kit Digital, in the latest case to spill out of the startup's failure.

VW's new division takes aim at Uber-style competition

LONDON (Reuters) - Volkswagen launched a new digital business division on Monday to take on services such as Uber , shifting its focus beyond selling cars to catering for customers who prefer to pay for use rather than own a vehicle.

Amazon introduces first physical grocery store

(Reuters) - Amazon.com Inc's new bricks-and-mortar grocery store doesn't have at least one thing that supermarkets have - queues at the checkout counter.

Consolidated Communications to buy FairPoint in $1.5 billion deal

(Reuters) - Consolidated Communications Holdings Inc said on Monday it would buy broadband service provider FairPoint Communications Inc in an all-stock deal valued at $1.5 billion, including debt, to boost its fiber network.

Bangladesh to share findings of heist inquiry with Philippines

DHAKA (Reuters) - Bangladesh will share findings from its investigation into how unidentified hackers pulled off one of the world’s biggest cyber bank heists to help speed up recovery of the stolen funds, its law minister said on Monday.

Sharp CEO Tai says to step down once stock returns to TSE first section

TOKYO (Reuters) - Sharp Corp CEO and President Tai Jeng-wu told reporters on Monday he would step down once the Japanese electronics maker turns profitable again at the net level and its shares return to the first section of the Tokyo Stock Exchange.