Court approves U.S. request to extradite Briton suspected of hacking FBI, Fed

LONDON (Reuters) - A court in London on Friday approved the extradition of a British man to the United States to face trial for hacking high-security state computers, despite warnings he might kill himself if sent to a U.S. jail.

Intel raises third-quarter revenue forecast as PC market improves

(Reuters) - Intel Corp raised its revenue forecast for the third quarter, citing signs of improving demand for personal computers.

Bank of England aims to revamp interbank payment system by 2020

LONDON (Reuters) - The Bank of England said on Friday it aimed to revamp the system that underpins British banking and trading in the City of London by 2020 to boost its defenses against cyber-attacks and widen the number of businesses that can use it.

At gamers' meet in Tokyo, absent Nintendo is talk of the town

TOKYO (Reuters) - This week's Tokyo Game Show is one of the world's biggest draws for gamers and developers, but the talk amid the virtual reality headsets and robot arms is of the industry giant that never turns up: Nintendo Co Ltd.

Tokyo gamers slapped down for virtual groping

TOKYO (Reuters) - Virtual reality got a little too real at the Tokyo Game Show on Friday when gamers lined up at one exhibition and got touchy-feely with a mannequin that with VR goggles transformed into a female anime character.

Apple Japan unit ordered to pay $118 million tax for underreporting income: media

TOKYO (Reuters) - An Apple Inc iTunes unit in Japan was ordered to pay some 12 billion yen ($118 million) in tax by local authorities after underreporting income, media reported Friday.

Virtual reality in spotlight at Tokyo Game Show

TOKYO (Reuters) - The Tokyo Game Show kicked off on Thursday, with immersive virtual reality technology taking the spotlight in the industry exhibition event.

Exclusive: Infor working with Morgan Stanley after investment interest - sources

(Reuters) - Infor Inc, a business software company which could be valued at more than $9 billion including debt, is working with Morgan Stanley to handle approaches from buyout firms interested in acquiring a stake, according to people familiar with the matter.

Asian fans snap up new iPhone but crowds smaller despite sell-out

SYDNEY/SHANGHAI (Reuters) - Apple Inc fans from Sydney to Tokyo, the first to snap the new iPhone 7 off the shelves, cheered as they left stores on Friday brandishing their purchases, flanked by applauding sales staff.

Water protests in tech hub expose urban India's growing pains

BENGALURU (Reuters) - Oracle employees were at work on Monday when protesters entered their nine-storey building in India's technology hub, Bengaluru, and asked them to leave in support of demonstrations that had erupted across the city over a water dispute.

FBI trying to build legal cases against Russian hackers: sources

WASHINGTON/SAN FRANCISCO (Reuters) - The Federal Bureau of Investigation is intensifying efforts to find enough evidence to enable the Justice Department to indict some of the Russians that U.S. intelligence agencies have concluded are hacking into American political parties and figures, U.S. law en...

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Tesla says Mobileye balked after learning carmaker to make own cameras

SAN FRANCISCO (Reuters) - Tesla Motors Inc on Thursday said its former camera supplier Mobileye disparaged the safety of Tesla's assisted driving technology Autopilot after learning the carmaker was developing its own vision system.

NOAA buys first commercial satellite weather data

CAPE CANAVERAL, Fla. (Reuters) - The U.S. government on Thursday awarded its first contracts to buy weather data from commercial satellite operators, the National Oceanic and Atmospheric Administration (NOAA) said.

Snowden's leaks caused 'tremendous' damage to U.S. security: House panel

WASHINGTON (Reuters) - A U.S. House committee issued a scathing report on Thursday accusing National Security Agency contractor Edward Snowden of lying about his background, feuding with co-workers and leaking secrets that "caused tremendous damage" to U.S. security.

Jefferies launches new technology group, six bankers start work

SAN FRANCISCO (Reuters) - Jefferies Group LLC has officially launched its expanded technology investment banking practice, with six new managing directors starting their new roles in San Francisco, according to a memo the bank sent out to clients this week.

SpaceX says accident probe will not slow space taxi effort

CAPE CANAVERAL, Fla. (Reuters) - SpaceX on Thursday said efforts to develop and certify a space taxi for NASA are not being slowed by an investigation into a launch pad fire that destroyed its rocket and a $200 million Israeli communications satellite.

Oracle's quarterly revenue rises 1.7 percent

(Reuters) - Oracle Corp reported a 1.7 percent rise in revenue as the business software maker benefits from its focus on cloud-based products.

U.S. consumer safety agency plans recall of Samsung Galaxy Note 7: source

(Reuters) - U.S. consumer safety agency plans a recall of Samsung Electronics Co Ltd's Galaxy Note 7, according to a person familiar with the plans.

Twitter abuzz as live-video test of Thursday Night Football nears

NEW YORK (Reuters) - Social media users were buzzing on Thursday as Twitter Inc prepared for its first broadcast of a National Football League game, a match up between the New York Jets and the Buffalo Bills, which tests Twitter's strategy of putting big games on small screens.

Adient CEO sees opportunity with interiors of self-driving cars, EVs

DETROIT (Reuters) - Self-driving cars and electric vehicles could provide important sources of new revenue for Adient, the $17-billion automotive seating and interiors business that is being spun out of Johnson Controls Inc, Adient's top executive said on Thursday.

Silicon Valley 3D printing startup gets $81 million in new funding

REDWOOD CITY, Calif. (Reuters) - Carbon, a Silicon Valley startup that is developing 3D printers to produce medical devices and car parts on demand, said on Thursday it had closed on $81 million in funding that brought the total it has raised to $222 million.

Baidu receives approval from California DMV to test self-driving cars

SAN FRANCISCO (Reuters) - China-based internet company Baidu has received a permit to test its self-driving cars in California from the state's Department of Motor Vehicles, as the race to introduce driverless automobiles accelerates.

Expedia picks banks for Trivago float: sources

FRANKFURT (Reuters) - Online travel firm Expedia has picked advisors for the planned stock market listing of its Trivago travel search site, sources familiar with the matter said.

Apple stock heads for best four days since 2014; short sellers flee

SAN FRANCISCO (Reuters) - Apple extended its Wall Street rally on Thursday, with enthusiasm over demand for its newest iPhone putting the stock on track for its strongest four-day streak in over two years and clobbering short sellers who bet against it.

Exclusive: Central banks seek global standards in wake of Bangladesh heist

NEW YORK/LONDON (Reuters) - The world's major central banks, stung by this year's $81-million heist in Bangladesh, have launched a task force to consider setting broad rules to protect the vast network of cross-border banking from cyber attacks, according to two sources with knowledge of the matter.

Obama administration targets corporate offshore tax avoidance

WASHINGTON (Reuters) - The Obama administration on Thursday took aim at the use of foreign tax credits by American multinational companies to reduce their U.S. tax bills, in an action that closely followed a European Union order that Apple Inc pay back taxes to Ireland.

Teva, Intel to develop wearables to monitor Huntington's disease

(Reuters) - Teva Pharmaceutical Industries Ltd said on Thursday it was collaborating with Intel Corp to develop a wearable device to monitor patients with Huntington's, a fatal degenerative disease.

Ripple raises $55 million in second funding round, adds several banks to network

NEW YORK (Reuters) - U.S.-based start-up Ripple, a provider of blockchain-based cross-border payments technology for banks, said on Thursday it has raised $55 million in a second round of funding.

Pandora launches new radio service 'Pandora Plus'

(Reuters) - Online radio service Pandora Media Inc launched "Pandora Plus", its new subscription service, on Thursday as it looks to gain market share amid stiff competition from Apple Inc, Spotify and Amazon.com Inc.

Toshiba, Engie UK nuclear group says wants clarity on government special stake proposal

LONDON (Reuters) - A British nuclear joint venture between Japan's Toshiba and France's Engie , NuGen, said it will work with the government to understand its proposal to hold a special share in future nuclear projects.