Alibaba's $60 billion finance arm seeks growth before IPO: sources

SHANGHAI/HONG KONG (Reuters) - Investors gearing up for the initial public offering of Ant Financial, the $60 billion online finance arm spun off by e-commerce giant Alibaba , will have to wait until at least late 2017 as the business puts growth first, sources say.

Note 7 fiasco could burn a $17 billion hole in Samsung accounts

SEOUL (Reuters) - Samsung Electronics' worst-ever recall could cost the company as much as $17 billion after it halted sales of its flagship Galaxy Note 7 for a second time, spelling an almost certain end for the ill-fated premium model.

South Korea regulator says to examine Google's Android agreements

SEOUL (Reuters) - Head of South Korea's antitrust regulator said the agency will closely examine whether Google's agreements with handset manufacturers on the U.S. firm's Android mobile operating system limits market competition.

Takata tumbles after report company weighs U.S. bankruptcy filing

TOKYO (Reuters) - Shares of Takata Corp fell sharply on Tuesday after The Wall Street Journal reported late last week that the troubled Japanese air bag maker is weighing a U.S. bankruptcy filing as one option for clearing a path for an outside investor.

Twitter CEO calls company 'people's news network'

Jack Dorsey, CEO of Twitter, speaks during an interview November 19, 2015. REUTERS/Lucas Jackson/Files

Fiat Chrysler, Cummins spar over costs of diesel emission recall

WASHINGTON (Reuters) - Fiat Chrysler Automobiles NV and engine manufacturer Cummins Inc are fighting over the $200 million estimated cost for a recall of 130,000 Ram pickup trucks equipped with Cummins diesel engines that could exceed U.S. pollution limits.

Driverless vehicle to be tested on UK streets for the first time

LONDON (Reuters) - A driverless vehicle carrying passengers will take to Britain's public roads for the first

Samsung to halt global sales, exchanges of Galaxy Note7

SEOUL (Reuters) - Samsung Electronics Co Ltd said on Tuesday it will ask all global partners to stop sales and exchanges of the Galaxy Note7 smartphones, further deepening the smartphone company's recall crisis.

World Economic Forum launches San Francisco tech policy center

SAN FRANCISCO (Reuters) - The World Economic Forum, the Swiss-based group that sponsors that annual Davos gathering of world leaders, is opening a San Francisco office to explore policy and regulatory questions surrounding new technologies such as artificial intelligence, automated vehicles and bloc...

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Microsoft, Banco Votorantim partner on Brazil fintech investments

SAO PAULO (Reuters) - Microsoft Corp and Brazilian lender Banco Votorantim are investing together in financial technology startups, executives said in a Monday interview, as the U.S. tech company adds a new specialty to its venture capital portfolio in Brazil.

Verizon may shift holiday marketing away from Note 7: spokeswoman

NEW YORK (Reuters) - Verizon Communications Inc, the largest U.S. wireless carrier, may shift marketing away from Samsung Electronics Co Ltd's troubled Galaxy Note 7 mobile phone heading into the critical holiday selling season, a company spokeswoman said on Monday.

Samsung halts Note 7 production after new fire scare: source

SEOUL (Reuters) - Samsung Electronics Co Ltd has suspended production of its flagship Galaxy Note 7 smartphones, a source said on Monday, after reports of fires in replacement devices added to the tech giant's worst ever recall crisis.

Canada auto union says no deal yet with Fiat, ready to strike

TORONTO (Reuters) - Fiat Chrysler Automobiles has not yet reached a deal with unionized workers in Canada ahead of a midnight strike deadline, the union said in a briefing on Monday, adding that workers were prepared to walk off the job.

Samsung halts Note 7 production after new fire scare: source

SEOUL (Reuters) - Samsung Electronics Co Ltd has suspended production of its flagship Galaxy Note 7 smartphones, a source said on Monday, after reports of fires in replacement devices added to the tech giant's worst ever recall crisis.

Salesforce still mulls bid for Twitter as shareholders resist: sources

(Reuters) - Salesforce.com Inc is still deliberating whether it should make an offer for Twitter Inc in the face of resistance from Salesforce shareholders over the strategic merits and valuation of such a deal, people familiar with the matter said on Monday.

Apple stock hits highest since December on Samsung Note 7 fire crisis

The Apple Inc. store is seen on the day of the new iPhone 7 smartphone launch in Los Angeles, California, U.S., September 16, 2016. REUTERS/Lucy Nicholson

Yahoo disables automatic email forwarding feature: AP

(Reuters) - Yahoo Inc disabled automatic email forwarding at the beginning of the month, the Associated Press reported, citing several users.

EU's Vestager says not investigating Google's European tax deals

BRUSSELS (Reuters) - EU regulators who are investigating whether Alphabet unit Google is abusing its market power have has not extended their scrutiny to its tax deals with national authorities across Europe, the EU's antitrust chief said on Monday.

Facebook rolls out business software, launches pricing war

SAN FRANCISCO (Reuters) - Facebook Inc launched a workplace version of its mobile app and website on Monday, marking the social networking company's first foray into the hotly competitive and crowded enterprise software arena.

Portugal cab drivers block Lisbon airport in anti-Uber protest

LISBON (Reuters) - Thousands of Portuguese cab drivers blocked access to Lisbon international airport on Monday to protest government plans to regulate alternative ride-hailing services like Uber, and vowed to maintain their blockade until their demands are met.

Medtech startup teams with GM on robotic glove for assembly lines

STOCKHOLM (Reuters) - Bioservo Technologies, a medical technology firm that makes a light-weight robotic "extra muscle" glove for people with weak grips is teaming up with carmaker General Motor to design a model for assembly workers in industry.

IAEA chief: Nuclear power plant was disrupted by cyber attack

BERLIN (Reuters) - A nuclear power plant became the target of a disruptive cyber attack two to three years ago, and there is a serious threat of militant attacks on such plants, the head of the United Nations nuclear watchdog said on Monday.

Twitter's shares slump on report that bids are unlikely

(Reuters) - Shares of Twitter Inc slumped more than 13 percent in premarket trading on Monday after a weekend Bloomberg report that the social media company was unlikely to receive any bids.

U.S. top court to hear Apple-Samsung feud over iPhone designs

NEW YORK (Reuters) - After five years of litigation, the U.S. Supreme Court will hear arguments on Tuesday in the bitter patent dispute between the world's two top smartphone manufacturers over the amount Samsung should pay Apple for copying the iPhone's distinctive look.

French tycoon Bollore tightens grip on Vivendi

PARIS (Reuters) - French tycoon Vincent Bollore said on Monday that his investment company had raised its stake in Vivendi to above 20 percent, further tightening his hold on the French media group.

Samsung Electronics suspends Galaxy Note 7 production: Yonhap

SEOUL (Reuters) - Samsung Electronics Co Ltd has suspended production of its Galaxy Note 7 smartphones following reports of fires in replacement devices, South Korea's Yonhap News Agency reported on Monday citing an unnamed source.

Facebook reports 11-million-pound UK tax credit as revenues soar

A 3D printed Facebook logo is seen in front of a displayed stock graph in this illustration taken April 28, 2016. REUTERS/Dado Ruvic/Illustration

Samsung investigates reports of heat problems with replacement Note 7 phones

A Samsung Electronics' Galaxy Note 7 is seen at company's headquarters in Seoul, South Korea, October 5, 2016. Picture taken on October 5, 2016. REUTERS/Kim Hong-Ji

AT&T stops Note 7 replacements after reports of fire

(Reuters) - AT&T Inc said on Sunday it will stop exchanging Samsung Electronics' Galaxy Note 7 following reports of fires from the replacement devices.

Tesla's Musk says will not have to raise funds in fourth-quarter

(Reuters) - Tesla Motors Inc Chief Executive Elon Musk on Sunday said the company would not need to raise equity or corporate debt in the fourth quarter for its planned acquisition of SolarCity Corp , contradicting a filing the company made with regulators last week.