South Korea court approves warrant to arrest Samsung Group chief

SEOUL (Reuters) - A South Korean court said on Friday it approved a warrant to arrest Samsung Group chief Jay Y. Lee, who is under investigation for his alleged role in a corruption scandal that led parliament to impeach President Park Geun-hye.

Facebook says Irish challenge to U.S. data transfers 'deeply flawed'

DUBLIN (Reuters) - Facebook said on Thursday a legal challenge against the way it transfers EU user data to the United States was "deeply flawed" and should not be referred to the EU's top court because ample privacy protections were already in place.

Auto union courts Tesla workers, amplifies 'buy American' message

DETROIT (Reuters) - United Auto Workers President Dennis Williams said on Thursday the union is contacting workers at Silicon Valley electric car maker Tesla Inc , and plans to boost efforts to convince U.S. consumers not to buy vehicles built in other countries, including those sold by the Detroit ...

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European parliament calls for robot law, rejects robot tax

FRANKFURT (Reuters) - European lawmakers called on Thursday for EU-wide legislation to regulate the rise of robots, including an ethical framework for their development and deployment and the establishment of liability for the actions of robots including self-driving cars.

EU privacy watchdogs seek assurances on U.S. data transfer pact

BRUSSELS (Reuters) - European Union data privacy watchdogs will seek assurances from U.S. authorities that a move by U.S. President Donald Trump to crack down on illegal immigration will not undermine a transatlantic pact protecting the privacy of Europeans' data.

Auto union president: Organizing at Tesla depends on workers

(Reuters) - The president of the United Auto Workers union said on Thursday UAW organizers are in contact with workers at Silicon Valley electric car maker Tesla Inc , but said any formal effort to organize workers will "be determined by the interest of employees."

Telenor to roll out Google's new messaging service in Asia, Europe

(Reuters) - Alphabet Inc's Google said on Thursday it partnered with Telenor ASA to roll out Rich Communications Services (RCS), an upgraded messaging service, to the Norwegian telecommunications company's subscribers in Asia and Europe.

Blackstone acquires London-based cloud computing firm Cloudreach

LONDON (Reuters) - Blackstone, which has $100 billion in private equity assets under management, has acquired a majority stake in cloud computing business Cloudreach for an undisclosed sum, the investment firm said on Thursday.

Container shipping lines sign up with Alibaba to offer online booking

SHANGHAI (Reuters) - Two container shipping lines, France's CMA CGM and Israel's Zim, have signed up with Alibaba to allow customers to book space on their vessels through the Chinese e-commerce giant, in a bid to boost sales as the sector battles a severe downturn.

Infineon says U.S. has not suggested remedies for Wolfspeed deal

MUNICH (Reuters) - U.S. government security panel CFIUS has not suggested any measures that could address its concerns over plans by Infineon Technologies to buy Wolfspeed Power, according to a prepared speech by the German chipmaker's chief executive.

Olympics - Tokyo launches mobiles-to-medals recycling campaign

TOKYO (Reuters) - Members of the Japanese public lined up to donate unwanted mobile phones that will be recycled into medals for the 2020 Olympic Games, as a project aimed at promoting sustainability was launched on Thursday.

SMBC head says will give Toshiba as much support as possible

TOKYO (Reuters) - Sumitomo Mitsui Banking Corp, one of the main lenders to Toshiba Corp , will provide as much support as possible to the troubled electronics conglomerate, the bank's chief executive said on Thursday.

India's Tata Motors, Microsoft ink technology collaboration deal

MUMBAI (Reuters) - Tata Motors Ltd and Microsoft India on Thursday announced a strategic collaboration on the technology front to make driving a more personalized experiences for the customers, the companies said in a joint statement.

Snap sets valuation at lower end of expectation: WSJ

(Reuters) - Snap Inc, the owner of the popular messaging app Snapchat, has set a valuation range for itself of $19.5 billion to $22.2 billion in its initial public offering, the Wall Street Journal reported, citing sources.

Atomico closes $765 million tech venture fund, Europe's biggest

FRANKFURT (Reuters) - Atomico, which has spent the past decade proving startups can prosper outside Silicon Valley, said on Thursday it had closed Europe's largest standalone tech venture fund, a $765 million war chest that reflects the region's growing financing firepower.

Lenovo third-quarter net profit falls 67 percent, misses estimates

HONG KONG (Reuters) - Lenovo Group Ltd , the world's largest personal computer (PC) maker, on Thursday posted a 67 percent slide in third-quarter net profit, lagging analyst estimates, as supply constraints and a weak macroeconomic environment weighed.

Former U.S. Justice Department official warns Europe on election hacking

FILE PHOTO: U.S. Assistant Attorney General for National Security John Carlin addresses a news conference to announce indictments on Iranian computer hackers, in Washington March 24, 2016. REUTERS/Jonathan Ernst/File Photo

Samsung chief arrives at prosecutor's office before arrest hearing

SEOUL (Reuters) - Samsung Group chief Jay Y. Lee appeared at South Korea's special prosecutor's office on Thursday before a court hearing that will decide whether to issue an arrest warrant over his role in a corruption scandal that has engulfed President Park Geun-hye.

U.S. takes pastor, software developer to trial over bitcoin exchange

NEW YORK (Reuters) - A Florida software engineer and a New Jersey pastor engaged in lies and corruption to facilitate an illegal bitcoin exchange business whose operators wanted to take over a small credit union to evade scrutiny, a federal prosecutor said on Wednesday.

TripAdvisor revenue misses estimates, shares slip

(Reuters) - Travel review website TripAdvisor Inc reported lower-than-expected quarterly revenue, hurt by a fall in display advertisements on its websites and a drop in subscription revenue.