Infineon lifts profitability target on car sector hopes

FRANKFURT (Reuters) - German chipmaker Infineon raised its medium-term profitability target on Wednesday, banking on strong growth in its automotive business as carmakers invest heavily on electric and self-driving vehicles.

U.S., Russia request Czechs extradite arrested Russian hacker

PRAGUE (Reuters) - The United States and Russia have requested the extradition of a Russian man arrested in the Czech Republic and indicted in the United States for hacking computers belonging to LinkedIn, Dropbox and Formspring, the Czech news agency CTK reported on Wednesday.

Germany's Merkel says supports efforts against hate speech

BERLIN (Reuters) - German Chancellor Angela Merkel on Wednesday threw her support behind efforts to fight the use of hate speech posted on social media platforms like Facebook, Twitter, and Google's YouTube.

Exclusive: Google nears tax settlement with Indonesian government - sources

JAKARTA (Reuters) - Alphabet Inc's Google is expected to reach a tax settlement with the Indonesian government in the next few weeks, people familiar with the matter told Reuters.

Philippines money laundering body charges bankers for ignoring cyber heist

MANILA (Reuters) - An anti-money laundering body in the Philippines has filed charges against five officials of RCBC bank and a former treasurer who "wilfully ignored" suspicious activity that led to tens of millions of dollars vanishing after a heist on Bangladesh's central bank.

AppNexus bans Breitbart from ad network, citing hate speech

(Reuters) - Breitbart News, the outlet once led by U.S. President-elect Donald Trump's chief strategist, has been blocked by one of the largest advertising networks serving digital publishers due to hate speech.

South Korea prosecutors raid Samsung Group offices, pension fund

SEOUL (Reuters) - South Korean prosecutors on Wednesday raided the offices of Samsung Group, Yonhap news agency reported, over its alleged link with Choi Soon-sil, President Park Geun-hye's confidant who has been indicted in an influence-peddling scandal.

Facebook builds censorship tool to attain China re-entry: NYT

(Reuters) - Facebook Inc has quietly developed a censorship tool that could persuade China to allow the world's biggest social media network to re-enter the world's second largest economy after a seven-year ban, the New York Times reported on Tuesday.

South Korea prosecutors raid Samsung Group offices: Yonhap

SEOUL (Reuters) - South Korean prosecutors raided the offices of Samsung Group, Yonhap News reports on Wednesday, over its alleged link with Choi Soon-sil, President Park Geun-hye's longtime confidant who has been indicted for criminal acts.

HP Inc revenue rises two percent

(Reuters) - HP Inc , the legacy printer and PC business of the former Hewlett-Packard Co, reported a 2 percent rise in quarterly revenue, helped by higher sales of its notebooks.

GameStop forecasts current-quarter same-store sales below estimates

(Reuters) - GameStop Corp , the world's largest retailer of video games, forecast a bigger-than-expected decline in same-store sales for the crucial holiday quarter, as more players switch to downloading games on their consoles.

Singapore unveils self-driving scooter, ideal for phone-obsessed walkers

SINGAPORE (Reuters) - Researchers in Singapore have come up with a solution to curb accidents involving phone-obsessed walkers, a self-driving mobility scooter that drives single pedestrians along footpaths.

Almost half the world will be online by end of 2016; poorer countries will lag, report shows

JOHANNESBURG (Reuters) - By the end of 2016, almost half of the world's population will be using the internet as mobile networks grow and prices fall, but their numbers will remain concentrated in the developed world, a United Nations agency said on Tuesday.

Thailand seeks to tighten cyber security, raising questions about privacy protection

BANGKOK (Reuters) - Thailand's military government, which has cracked down on online dissent since seizing power in 2014, is pushing ahead with cyber security bills that rights groups say could mean more extensive online monitoring, raising concerns over privacy protection.

Volkswagen brand to return to top of volume carmakers by 2020: CEO

The logo of a Volkswagen Beetle car is seen at the so called ''Sunshinetour 2016'' in Travemuende at the Baltic Sea, August 20, 2016. REUTERS/Fabian Bimmer/File Photo

India's Ola adds entertainment features as ride-hailing competition rages

NEW YORK/BENGALURU (Reuters) - Indian ride-services start-up Ola unveiled on Tuesday a new car entertainment platform that allows passengers to listen to the music of their choice, as it seeks to woo riders with gizmos in a bid to outmaneuver global giant Uber in a fast-growing market.

IBM invests in UK data centers as tech sector defies Brexit worries

A woman passes by the IBM offices in New York City, U.S., October 17, 2016. REUTERS/Brendan McDermid

Irish data Commissioner steps up investigation into Yahoo email scanning

A tattered flag bearing the Yahoo company logo flies above a building in New York, U.S., October 31, 2016. REUTERS/Lucas Jackson

Reese Witherspoon, AT&T venture, form media company aimed at women

Actor Reese Witherspoon poses at a reception for the re-opening of the Tiffany & Co. store in Beverly Hills, California U.S., October 13, 2016. REUTERS/Mario Anzuoni

Microsoft offers EU hardware, software LinkedIn concessions: sources

The logo of Microsoft is pictured in Issy-les-Moulineaux, France, August 8, 2016. REUTERS/Jacky Naegelen

Oracle to buy internet infrastructure provider Dyn

The company logo is shown at the headquarters of Oracle Corporation in Redwood City, California in this February 2, 2010 file photograph. REUTERS/Robert Galbraith/Files

Aixtron says has arguments to counter security worries over China deal

The logo of Aixtron SE is pictured on the roof of the German chip equipment maker's headquarters in Herzogenrath near the western German city of Aachen, October 25, 2016. REUTERS/Wolfgang Rattay

Facebook to expand in UK in latest vote of confidence after Brexit

A man poses with a magnifier in front of a Facebook logo on display in this illustration taken in Sarajevo, Bosnia and Herzegovina, December 16, 2015. REUTERS/Dado Ruvic/Illustration/File Photo GLOBAL BUSINESS WEEK AHEAD PACKAGE - SEARCH ''BUSINESS WEEK AHEAD JULY 25'' FOR ALL IMAGES

Tech worker visas face uncertain future under Trump, Sessions

Donald Trump sits with U.S. Senator Jeff Sessions (R-AL) at Trump Tower in Manhattan, New York, U.S., October 7, 2016. REUTERS/Mike Segar/File Photo

Alibaba Cloud stretches global reach with four new facilities

BEIJING (Reuters) - Alibaba Cloud plans to open four new data facilities outside China, the cloud unit of Alibaba Holdings Ltd said on Monday, as it seeks to grab global market share from leading players Amazon.com Inc and Microsoft.

Wal-Mart will offer Cyber Monday deals starting Black Friday

CHICAGO (Reuters) - Wal-Mart Stores Inc will start offering online deals reserved for Cyber Monday two days in advance this year, joining a growing list of U.S. retailers who offer web promotions over the Thanksgiving weekend.

Symantec agrees to buy LifeLock for $2.3 billion in cash: media

(Reuters) - Computer security software manufacturer Symantec Corp. will acquire LifeLock Inc. for $2.3 billion in cash, according to a tweet from CNBC, citing Dow Jones.

Symantec in the lead to acquire LifeLock: sources

(Reuters) - Symantec Corp is in the lead to acquire LifeLock Inc following an auction for the U.S. identity theft protection services company, people familiar with the matter said on Sunday.

Galaxy Note 7 recall did not damage Samsung brand in U.S.: Reuters/Ipsos poll

SAN FRANCISCO (Reuters) - A global recall of fire-prone Galaxy Note 7 smartphones did not appear to hurt U.S. consumers' willingness to buy Samsung Electronics phones, a Reuters/Ipsos opinion poll released on Sunday showed.

India's top e-tailer Flipkart eyes groceries; renewed push in furniture

BENGALURU (Reuters) - India's top e-commerce player Flipkart plans to move into the groceries space and make a renewed push in the online furniture business, as it expands its product portfolio and looks to outmaneuver global giant Amazon.com in a burgeoning Indian market.