More TV networks follow Netflix to binge-watching model

LOS ANGELES (Reuters) - Traditional TV networks are following Netflix Inc's lead by releasing all new episodes of a series at the same time, a step to win over binge viewers who do not want to wait a week for the next installment.

Impact of job-stealing robots a growing concern at Davos

DAVOS, Switzerland (Reuters) - Open markets and global trade have been blamed for job losses over the last decade, but global CEOs say the real culprits are increasingly machines.

Bain, Permira interested as Toshiba flags chip business stake sale: Kyodo

TOKYO (Reuters) - Japan's struggling Toshiba Corp has started the process to sell a minority stake in its flash memory chip business worth several billion dollars, and funds Permira and Bain Capital have expressed interest, Kyodo news agency reported.

Toshiba shares extend losses on accounting woes

TOKYO (Reuters) - Shares in Japan's Toshiba Corp extended losses on Friday, weighed down by concern over a potentially bigger-than-expected $6 billion writedown triggered by cost overruns at its U.S. nuclear business.

Sweden's Telia mulling bid for Danish peer TDC: Dagens Industri

STOCKHOLM (Reuters) - Swedish telecom operator Telia is mulling a bid for Denmark's TDC , Swedish business daily Dagens Industri reported on Thursday, citing unnamed sources.

Mexico telecom ruling struck down in blow to Televisa -sources

MEXICO CITY (Reuters) - A Mexican tribunal struck down a ruling on Thursday that said broadcaster Grupo Televisa did not have market power in pay television, two people with knowledge of the matter said, opening the door to tougher rules against the company.

Samsung Electronics says to hold Galaxy Note 7 briefing on January 23

SEOUL (Reuters) - Samsung Electronics Co Ltd said it will announce on Jan. 23 the results of a probe on what caused some Galaxy Note 7 smartphones to catch fire, as the firm seeks to recover from one of the biggest product safety failures in tech history.

Uber to pay $20 million to settle U.S. claims it misled drivers

WASHINGTON (Reuters) - Ride-hailing company Uber Technologies Inc has agreed to pay $20 million to settle claims by the U.S. government that it exaggerated prospective earnings in seeking to recruit drivers, documents filed with a federal court on Thursday showed.

IBM's quarterly revenue falls 1.3 percent

t(Reuters) - International Business Machines Corp reported a 1.3 percent fall in quarterly revenue, hurt by a stronger dollar and continued weakness in the company's traditional hardware division.

Czech inventor gives snow chains a modern makeover

VRBNO POD PRADEDEM, Czech Republic (Reuters) - After struggling one night to get chains on his tyres on a snowy mountain, Czech businessman Petr Gross decided he needed to come up with something that did the job better.

Tech firm creates Trump monitor for stock markets

LONDON (Reuters) - Just in time for his inauguration, London-based fintech firm Trading.co.uk is launching an app that will generate trading alerts for shares based on comments made on social media by Donald Trump.

U.S. closing Tesla death probe, won't seek recall: source

A Tesla logo is seen at its planned store in Hanam, South Korea, December 22, 2016. REUTERS/Kim Hong-Ji

Netflix Original: New shows drive blockbuster quarter

Netflix Corp's surprisingly strong subscriber growth in the fourth quarter allayed concerns about the company's multi-billion dollar investment in original content.

Alibaba not interested in acquisitions, more interested in partnerships

DAVOS, Switzerland (Reuters) - China's Alibaba is more interested in acquisitions this year than it is in partnerships, Alibaba Executive Chairman Jack Ma said on Thursday.

BlackRock owns 5 percent of Toshiba, likely becoming top shareholder

TOKYO (Reuters) - BlackRock Inc has a stake in Toshiba Corp of 5.01 percent, according to a Japanese government filing, likely becoming the struggling firm's top shareholder.

Alibaba backer GGV Capital looking to raise first yuan fund

HONG KONG (Reuters) - Venture capital firm GGV Capital, an early backer of Chinese e-commerce giant Alibaba Group Holding Ltd, is looking to raise its first yuan fund to make it easier to invest in Chinese sectors restricted to foreigners such as the internet.

EU antitrust regulators welcome Amazon, Apple audiobook agreement

BRUSSELS (Reuters) - A decision by Amazon and Apple to scrap all exclusivity obligations in the supply and distribution of audiobooks will likely boost competition, EU antitrust regulators said on Thursday.

Six Coolpad workers detained in patent dispute with former employer Huawei

HONG KONG (Reuters) - Chinese smartphone maker Coolpad, part of the LeEco technology conglomerate, said six employees had been detained by authorities, accused of infringing the intellectual property rights of their former employer Huawei Technologies [HWT.UL].

Mediaset sees pay-TV strategy boosting EBIT 17-fold in five years

MILAN (Reuters) - Broadcaster Mediaset expects a 17-fold increase in its Italian operating profit by 2020 by completely rethinking the strategy of its pay-TV arm Premium after a deal to sell the unit to France's Vivendi fell through.

Facebook to build data center in Denmark

COPENHAGEN (Reuters) - Facebook plans to build its third data center outside the United States in Odense, Denmark, the California-based tech company said at a joint press conference with Odense municipality on Thursday.