Jeff Jacobson to take over as Xerox Corp CEO after split

The logo of Xerox company is seen on a building in Minsk, Belarus, March 21, 2016. Reuters/Vasily Fedosenko Xerox Corp (XRX.N) said Jeff Jacobson, the president of its technology unit, would take over as chief executive after the company splits its business process outsourcing unit into a separate, ...

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Behind those Amazon Prime boxes, a bull market in warehouses

Workers prepare outgoing shipments at an Amazon Fulfillment Center, ahead of the Christmas rush, in Tracy, California, November 30, 2014. Reuters/Noah Berger With Amazon and other e-commerce sites continuing to take market share from malls and other physical retailers, U.S. mutual fund managers are ...

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HP, Apple top list of tech companies fighting forced labor risk

Apple Inc. CEO Tim Cook leads a moment of silence for the victims of the attack in Orlando as he opens the company's World Wide Developers Conference in San Francisco, California June 13, 2016. Reuters/Stephen Lam NEW YORK (Thomson Reuters Foundation) - HP Inc and Apple Inc topped a list issued on T...

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Saudi prince aims for Silicon Valley appeal to gleam at home

The powerful young prince behind modernizing reforms in Saudi Arabia presents himself as the champion of his nation's plugged-in youth, and his visit to Silicon Valley this week sought to bolster that image. The 31-year-old Deputy Crown Prince Mohammed bin Salman has unabashedly pitched his "Vision ...

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Tech 'unicorn' Twilio leaps in debut

Shares of software maker Twilio Inc surged as much as 70 percent in their debut on Thursday, raising hopes that investor appetite for U.S. tech IPOs is finally returning. Twilio's strong debut, which valued the company at as much as $2.10 billion, coincided with a rally in global stock markets on in...

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Kuka investor tenders stake to Chinese bidder: sources

A Kuka technician programs a robot arm of German industrial robot maker Kuka at the company's stand during the Hannover Fair in Hanover, Germany, April 25, 2016. Reuters/Wolfgang Rattay German mechanical engineering group Voith [VOITH.UL] is selling its 25.1 percent stake in robotics maker Kuka to C...

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BlackBerry reports first-quarter revenue slump

A Blackberry sign is seen in front of their offices on the day of their annual general meeting for shareholders in Waterloo, Canada in this June 23, 2015 file photo. Reuters/Mark Blinch/Files BlackBerry Ltd broke even in the first quarter, topping expectations, and forecast a smaller-than-expected a...

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Accenture net revenue rises 8.6 percent

Visitors look at devices at Accenture stand at the Mobile World Congress in Barcelona, February 26, 2013. Reuters/Albert Gea/File Photo Consulting and outsourcing company Accenture Plc reported an 8.6 percent rise in quarterly net revenue, driven by higher demand from customers in North America. The...

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U.S. Supreme Court weighs review of canceled patent on prenatal test

The courtroom of the U.S. Supreme Court is seen in Washington, U.S. April 4, 2016. Reuters/Jonathan Ernst Companies, trade groups and universities who fear that many important discoveries may no longer qualify for patents are among a broad coalition urging the U.S. Supreme Court to review the cancel...

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Japan's public pension fund sues Toshiba: WSJ

The logo of Toshiba Corp is seen behind trees at its headquarters in Tokyo, Japan, November 6, 2015. Reuters/Yuya Shino/File Photo Japan's public pension fund has sued Toshiba Corp for $10 million in damages related to the technology and industrial conglomerate's $1.3 billion accounting scandal, the...

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Payments app Circle raises $60 million in China expansion

U.S.-based payments app Circle has raised $60 million from Chinese investors and launched a company in China, as it seeks to expand in the world's second-largest economy. The latest funding comes from existing investor and Beijing-based tech investment fund IDG Capital Partners, as well as Chinese f...

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In Silicon Valley, Obama to keep hot-button tech issues off agenda

U.S. President Barack Obama points as he walks on the South Lawn of the White House upon his return to Washington, U.S., after visiting wounded service members the Walter Reed National Military Medical Center, June 21, 2016. Reuters/Yuri Gripas President Barack Obama will head to Silicon Valley on F...

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U.S. SEC accuses U.K. man of hacking, fraudulent trades

The headquarters of the U.S. Securities and Exchange Commission (SEC) are seen in Washington, July 6, 2009. Reuters/Jim Bourg The U.S. Securities and Exchange Commission sued a U.K. man it said hacked into online brokerage accounts of several U.S. investors, placed unauthorized stock trades, and wit...

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Okta hires Goldman Sachs to lead IPO or sale: sources

Okta's Todd McKinnon speaks during a question and answer session at the Tech Crunch Disrupt conference in San Francisco, California, September 11, 2012. Reuters/Beck Diefenbach Okta Inc, a U.S. cloud identity management company valued at $1.2 billion in its latest private fundraising round, has hire...

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CarMax turns to online financing as used-car sales hit a bump

The sign of a CarMax dealership is pictured in Duarte, California March 28, 2014. CarMax, the largest U.S. used car retailer, is expected to report strong fourth-quarter results on April 4. Reuters/Mario Anzuoni CarMax Inc (KMX.N), the biggest U.S. used-car dealer, is banking on a new online financi...

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BlackBerry top priority this year is making devices profitable: CEO

A Blackberry sign is seen in front of their offices on the day of their annual general meeting for shareholders in Waterloo, Canada in this June 23, 2015 file photo. Reuters/Mark Blinch/Files BlackBerry Ltd's top priority for this year is making its devices business profitable, its chief executive s...

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Alibaba wins dismissal of lawsuit over pre-IPO regulatory warning

A sign of Alibaba Group is seen at CES (Consumer Electronics Show) Asia 2016 in Shanghai, China, May 12, 2016. Reuters/Aly Song Alibaba Group Holdings Ltd has won the dismissal of a U.S. lawsuit accusing China's largest e-commerce company of defrauding shareholders by concealing a regulator's warnin...

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Kuka's robotics boss welcomes prospect of Chinese ownership

A robot arm of German industrial robot maker Kuka is pictured at the company's stand during the Hannover Fair in Hanover, Germany, April 25, 2016. Reuters/Wolfgang Rattay Chinese ownership should benefit Germany's Kuka, the German firm's robotics chief said, as the company and its shareholders mull ...

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Senate likely to pass FBI spying bill after Orlando shooting

A man pays respect at a rainbow flower wall as part of the makeshift memorial for the Pulse nightclub mass shooting victims last week in Orlando, Florida, U.S., June 21, 2016. Reuters/Carlo Allegri The U.S. Senate on Wednesday is likely to pass a Republican-backed proposal to expand the Federal Bure...

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Foxconn to close some of Sharp's overseas ops, hasten patents to market

Foxconn plans to close costly and redundant overseas operations of new acquisition Sharp Corp, and bring to market products using Sharp's valuable patents and technology as quickly as possible, said the chief of the world's largest electronics manufacturer. Terry Gou, who founded Taiwan's Hon Hai Pr...

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Australia's ASX lifts stake in U.S. blockchain developer

Australian markets operator ASX Ltd said on Wednesday it was exercising an option to lift its stake in U.S. blockchain developer Digital Asset Holdings, stepping up its interest a technology that backers say can ease information tracking and reduce transaction settlement times. ASX said it would pay...

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SoftBank names domestic telecom chief Miyauchi as president

Shop employees of SoftBank Corp work outside its branch in Tokyo, Japan, August 6, 2015. Reuters/Yuya Shino/File Photo SoftBank Group Corp (9984.T) said Wednesday that Ken Miyauchi, head of the group's Japanese telecommunications operations, would become president and chief operating officer to repl...

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Twilio looks to brave Brexit jitters with U.S. IPO

Communications software provider Twilio Inc is expected to price its $140 million U.S. initial public offering on Wednesday, a rare technology stock market debut, one day before Britain holds a referendum on its European Union membership. Twilio's software is used by large companies such as car-hail...

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SoftBank investors shrug off abrupt exit of heir apparent Arora

SoftBank Group investors shrugged off on Wednesday the surprise departure of the heir apparent at the Japanese internet and telecoms conglomerate, welcoming founder Masayoshi Son's decision to stay in the top seat for longer. Nikesh Arora, a former Google executive, joined Softbank in 2014 and was n...

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China internet regulator to crack down on online comments

China's internet regulator has launched a new campaign to clean up the comments sections on websites to prevent the spread of what it calls harmful information and to encourage what it considers more helpful, well-intentioned comments to appear. The Chinese government already exercises widespread co...

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Moscow explores Hyperloop commuter transportation system

Moscow on Tuesday signed an agreement with Los Angeles-based company Hyperloop One to explore building a futuristic, high-speed transportation system known as a Hyperloop in the Russian capital. A Hyperloop involves using magnets to levitate pods inside an airless tube, creating conditions in which ...

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Samsung takes fight to Apple with mobile wallet strategy

Smartphone leader Samsung Electronics (005930.KS) has for years been a spectator as Apple (AAPL.O) built a services "ecosystem" supporting its products. But now, as the two develop the market for mobile payments, the Korean tech giant is taking the fight to its U.S. archrival. For Apple, offering us...

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Tesla offers to buy solar panel maker SolarCity

A Tesla logo hang on a building outside of a Tesla dealership in New York, U.S., April 29, 2016. Reuters/Lucas Jackson Electric car maker Tesla Motors Inc (TSLA.O) said it had made an offer to acquire solar panel maker SolarCity Corp (SCTY.O) in an all-stock deal. Tesla said it offered $26.50-28.50 ...

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Tesla rival Faraday approved to test self-driving cars on California roads

The Faraday Future FFZERO1 electric concept car is shown after an unveiling at a news conference in Las Vegas, Nevada January 4, 2016. Reuters/Steve Marcus Faraday Future plans to begin testing prototype self-driving electric vehicles on California roads later this year after winning approval from t...

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Facebook signs deals with media firms, celebrities for Live: WSJ

A 3D plastic representation of the Facebook logo is seen in this illustration in Zenica, Bosnia and Herzegovina, May 13, 2015. Reuters/Dado Ruvic Facebook Inc has signed deals worth more than $50 million with media companies and celebrities to create videos for its live-streaming service, the Wall S...

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