As Sharp, Japan Display struggle, smaller Japan tech firms thrive in OLED niche

A man looks at Samsung Electronics' first curved, super-thin OLED television set displayed at the main office of the company in Seoul June 27, 2013. Reuters/Lee Jae-Won/File Photo A glimmer of light for Japan's battered electronics sector: while Sharp Corp and Japan Display Inc lag South Korean riva...

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Tax breaks could lure another electric car factory to California

Atieva's Vice President of Design Derek Jenkins and Chief Technology Officer Peter Rawlinson are shown in this publicity photo shot in Menlo park, California U.S. and released to Reuters on June 14, 2016. Atieva/Handout via Reuters. Generous state tax benefits granted this year to Silicon Valley sta...

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Internet ruling could hit Verizon and AT&T's Yahoo pursuit

A Yahoo logo is pictured in front of a building in Rolle, 30 km (19 miles) east of Geneva, December 12, 2012. Reuters/Denis Balibouse/File photo A U.S. appeals court decision upholding government rules that would impose new restrictions on how internet providers collect user data could disadvantage ...

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Uber settles driver lawsuit over background checks

The logo of car-sharing service app Uber on a smartphone over a reserved lane for taxis in a street is seen in this photo illustration taken in Madrid on December 10, 2014. Reuters/Sergio Perez/Illustration/File Photo Uber has agreed to pay $7.5 million to settle a lawsuit brought by drivers over ba...

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Video game makers plunge deeper into virtual reality at E3

Virtual reality has yet to take off with the bulk of video gamers, but the industry is doubling down on its bet that one day it will. At the annual E3 video game showcase in Los Angeles this week, attendees strapped on VR headsets to peer into fantasy worlds, battle robotic creatures and command sta...

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China's Didi Chuxing raises $7 billion in new funding: WSJ

Chinese car-hailing app Didi Chuxing Technology Co has raised $7 billion in its latest fund raising effort, the Wall Street Journal reported, citing people familiar with the matter. Didi closed a $4.5 billion fundraising round that attracted $1 billion from Apple and $600 million from China Life Ins...

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Israeli augmented reality firm Lumus raises 15 million dollars

Lumus, a developer of technology for augmented reality, said on Wednesday it has received $15 million of funding led by Chinese investment group Shanda along with Zhejiang Crystal-Optech Co, (002273.SZ) a Chinese photo-electric component manufacturer. Lumus will use the funding to scale up productio...

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Cybercrime market sells servers for as little as 6 dollars to launch attacks

A magnifying glass is held in front of a computer screen in this picture illustration taken in Berlin May 21, 2013. Reuters/Pawel Kopczynski A major underground marketplace acting like an eBay for criminals is selling access to more than 70,000 compromised servers allowing buyers to carry out widesp...

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EU proposes cutting wholesale roaming rates

The European Union proposed on Wednesday cutting the wholesale roaming rates that telecoms operators pay each other when customers surf the Internet abroad to pave the way for the abolition of retail roaming charges by summer next year. The EU struck a deal a year ago to abolish mobile roaming charg...

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India dials back chip ambitions as investors spurn plant funding

India's ambitious plan to be a major player in semiconductors, taking on the Chinese and churning out locally-made chips for a new generation of smartphone users, has proved to be a little too ambitious. The government boldly announced three years ago it would host two new $5 billion chip plants as ...

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Singapore start-up to launch robo adviser to tap tech-savvy rich

Mesitis' co-founder and CEO Tanmai Sharma speaks to journalists during the Reuters Global Wealth Management Summit in Singapore, June 15, 2016. Reuters/Raj Narwani Financial technology firm Mesitis Pte Ltd plans to launch a robo-advisory business for high net worth individuals in the next two months...

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SoftBank sees up to $2.4 billion profit on Alibaba share sale this business year

A worker at an electronics store steps opens a door printed with the logo of Softbank Corp, Japan's third-biggest wireless carrier, in Tokyo October 29, 2008. Reuters/Kim Kyung-Hoon/File Photo SoftBank Group Corp said on Wednesday it expects to book a profit of between 200 billion yen and 250 billio...

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French killer's Facebook broadcast underscores live video challenges

A frame grab from an online video posted by Larossi Abballa, the suspected attacker. Reuters/Reuters Tv After Larossi Abballa killed a French police commander and the commander's partner on Tuesday, he took to Facebook Live to encourage viewers in a 12-minute video to follow his example: Kill prison...

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Electric car startups fueled by Chinese money aim to catch Tesla

A few miles from Tesla Motors Inc's Palo Alto headquarters, a Silicon Valley startup plans to challenge the electric car maker with a rival family of vehicles designed and built in the United States with major backing from Chinese investors. Atieva plans to put a premium electric sedan on the road i...

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Investors' new book prescribes data to thrive as a start-up

Author Tomasz Tunguz poses in this April 15, 2015 photo. Courtesy of Michael Winokur/Redpoint/Handout via Reuters Most entrepreneurs know data can transform an organization, but few fully understand how to tap into it to give them an edge, according to a new book called "Winning With Data." Written ...

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Twitter makes $70 million investment in music service SoundCloud: Re/code

A 3D-printed logo for Twitter is seen in this picture illustration made in Zenica, Bosnia and Herzegovina on January 26, 2016. Reuters/Dado Ruvic/Illustration/File Photo Twitter Inc has invested about $70 million in Berlin-based music service SoundCloud, technology website Re/code reported citing pe...

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Bank of Tokyo-Mitsubishi says testing its own digital currency

People are reflected in the logo of Mitsubishi UFJ Financial Group's bank of Tokyo-Mitsubishi UFJ (MUFG) in Tokyo, Japan, May 16, 2016. Reuters/Thomas Peter Bank of Tokyo-Mitsubishi UFJ confirmed on Tuesday it is conducting experiments on a digital currency utilizing the technology behind the virtua...

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Midea to publish takeover offer for German robot maker Kuka on Thursday: sources

Products of Midea are seen at a shop in Beijing, China, May 18, 2016. Reuters/Kim Kyung-Hoon - RTSEST2 China's Midea Group Co Ltd is preparing to publish its previously announced takeover bid for German factory robot maker Kuka on Thursday, two people familiar with the plans told Reuters on Tuesday....

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U.S. appeals court rejects challenge to Obama net neutrality rules

An internet cable is seen at a server room in this picture illustration taken in Warsaw January 24, 2012. Reuters/Kacper Pempel A U.S. appeals court on Tuesday upheld the Federal Communications Commission's landmark net neutrality rules, a big boost to the Obama administration and a blow to internet...

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Cisco invests 15 mln dollars in Israeli storage firm Elastifile

Cisco Systems (CSCO.O) has invested $15 million in Israeli storage software start-up Elastifile, bringing total investment this year to $50 million, Elastifile said on Tuesday. Elastifile, which helps enterprises scale out primary storage, has said the additional funds would enable it to aggressivel...

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