TAIPEI (Reuters) - Apple Inc, computing giant Dell Inc and Kingston Technology Co are members of a Foxconn-led consortium bidding for Toshiba Corp's chip unit, the CEO of the world's largest electronics manufacturer told Reuters on Monday.
JLR unit invests $25 million in Lyft to help develop self-driving cars
(Reuters) - Britain's biggest carmaker Jaguar Land Rover said its mobility services business, InMotion Ventures, would invest $25 million in U.S. ride services company Lyft Inc to help develop and test technology for self-driving cars.
Uber board adopts all recommendations from Eric Holder investigation
SAN FRANCISCO (Reuters) - The Uber Technologies Inc [UBER.UL] board of directors has voted unanimously to adopt all recommendations from a report stemming from allegations of sexual harassment at the company and other employee concerns, a board representative said on Sunday.
Uber board to discuss CEO absence, policy changes: source
SAN FRANCISCO (Reuters) - Uber Technologies Inc's [UBER.UL] board will discuss Chief Executive Travis Kalanick temporarily stepping away from the embattled ride-hailing firm and consider sweeping changes to the company's management practices at a meeting on Sunday, according to a person familiar wit...
Germany's Merkel says digital world needs global rules
MEXICO CITY (Reuters) - German Chancellor Angela Merkel said on Saturday that the digital world needs regulations like those that exist for financial markets in the G20 and for trade under the World Trade Organization.
German election director eyes possible quiet period before election
BERLIN (Reuters) - Germany should consider imposing a "quiet period" immediately before the federal election in September, similar to a media policy in place in France, election director Dieter Sarreither said, amid concerns about possible meddling by Russia.
Costs of bank cyber thefts hit SWIFT profit last year
LONDON (Reuters) - Dealing with cyber hacks on banks ate into profit last year at the SWIFT messaging system, which financial institutions use to move trillions of dollars each day.
Western Digital to raise Toshiba chip offer to $18 billion or more: source
TOKYO (Reuters) - Western Digital Corp plans to raise its offer for Toshiba Corp's prized semiconductor unit to 2 trillion yen ($18 billion) or more, a person familiar with the matter said, marking a last-ditch effort to clinch a deal that both companies consider vital.
Apple's Cook tells MIT graduates: temper technology with humanity
CAMBRIDGE, Mass. (Reuters) - Apple CEO Tim Cook on Friday warned graduates at MIT, a pioneer in fields like computers and robots, about technology's dehumanizing aspects and urged them to infuse its development with their own values.
EU antitrust regulators to investigate $38 billion Qualcomm, NXP deal
BRUSSELS (Reuters) - EU antitrust authorities opened an investigation on Friday into Qualcomm's $38-billion bid for NXP Semiconductors , ratcheting up pressure on the U.S. smartphone chipmaker to offer concessions to address their concerns.
Exclusive: Brazil's Oi considers capital hike to accelerate reorganization
SAO PAULO (Reuters) - Oi SA is working on a proposal to raise 8 billion reais ($2.4 billion) in fresh capital from shareholders and investors as a way to accelerate the Brazilian wireless carrier's emergence from bankruptcy, Chief Executive Officer Marco Schroeder told Reuters on Friday.
Electric wacky racers take to Switzerland's roads
ZURICH (Reuters) - An oddball convoy of electric-powered wacky racers including a converted garbage truck and new type of bubble car takes to the streets of Switzerland from Friday to promote plug-in vehicles.
Hong Kong, Singapore rivalry hobbling Asia in $100 billion fintech race: lobby group
HONG KONG (Reuters) - Asia's competitiveness in fintech is being undermined by the rivalry among the region's financial centers that has created regulatory complexity and uncertainty, a financial lobby group has warned.
Toshiba says Western Digital meeting didn't dispel concerns over chip proposal
TOKYO (Reuters) - Toshiba Corp said that Western Digital Corp CEO Steve Milligan met with its executives on Friday but failed to dispel concerns about the U.S. firm's proposal to buy Toshiba's prized chip unit.
Born-again BlackBerry: Canadian icon hopes to ride trucks to growth
BOLTON, Ontario (Reuters) - A visit to trucking firm Titanium Transportation helps explain why BlackBerry's stock is once again a darling in Canadian markets, having soared 70 percent in two months.
Nokia cuts 170 jobs in Finland
HELSINKI (Reuters) - Telecom network equipment maker Nokia has completed lay-off talks in its home country Finland and will as a result cut 170 jobs, the company said on Friday.
Digital Realty to buy DuPont Fabros in $7.6 billion deal
(Reuters) - Digital Realty Trust Inc said it would buy fellow data center operator DuPont Fabros Technology Inc for an enterprise value of about $7.6 billion, doubling down on efforts to meet the growing needs of cloud-based service providers.
Autoliv says will accelerate beyond $12 billion sales target
STOCKHOLM (Reuters) - The near-collapse of Japanese airbag maker Takata has cleared the road for bigger rival Swedish rival Autoliv but higher orders have yet to translate into share price gains.
JD.com says plans to invest in Thailand by end of year
HONG KONG (Reuters) - JD.com Inc, China's second-largest e-commerce company, plans to invest in Thailand by the end of this year, expanding its footprint beyond Indonesia which currently accounts for almost all of its overseas business.
TF1, ProSieben, Mediaset launch trading platform for video ads
FRANKFURT (Reuters) - European broadcasters TF1, ProSiebenSat.1 and Mediaset plan to set up a joint trading platform for digital video advertising to appeal to media agencies planning continent-wide campaigns.
India's Infosys denies promoters selling stake in company
MUMBAI (Reuters) - Infosys Ltd on Friday denied a media report that the founders of India's second-biggest software services exporter were looking to sell their entire 12.75 percent stake in the company.
SoftBank unit buys robotics businesses from Alphabet Inc
TOKYO (Reuters) - Japan's SoftBank Group Corp said on Friday that a unit of the company will buy two firms that build walking robots from Alphabet Inc , which would add to the group's growing artificial intelligence portfolio.
DST Global's Milner sees $4 trillion of new internet companies on online spending boom
HONG KONG (Reuters) - A surge in online consumer spending in the coming years is seen creating $4 trillion worth of new internet companies, billionaire investor Yuri Milner, founder of venture capital giant DST Global, said on Friday.
Bain replacing KKR in Japan government-backed bid for Toshiba chip unit: sources
SAN FRANCISCO/TOKYO (Reuters) - Private equity firm Bain Capital is replacing rival KKR & Co LP in a Japanese government-led consortium that also includes Western Digital Corp to bid for Toshiba Corp's chip unit, sources familiar with the matter said.
Japan’s Universal accuses founder Okada of improper loan
(Reuters) - Universal Entertainment Corp, a Japanese maker of slot machines, said on Thursday it was investigating what it suspects was an improper transfer of funds by Kazuo Okada, its founder and chairman, to a company he controls.
Fintech AvidXchange raises $300 million from Caisse, Mastercard: statement
(Reuters) - AvidXchange, a software company that helps mid-sized companies automate their invoicing and bill payments, said on Thursday it raised $300 million from investors including Mastercard , Silicon valley investor Peter Thiel and Canada's second largest public pension fund.
Verizon plans to cut about 2,000 jobs at Yahoo, AOL: source
(Reuters) - Verizon Communications Inc is expected to cut about 2,000 jobs when it completes its $4.48 billion acquisition of Yahoo Inc's core assets next week, a person briefed on the matter said.
Yahoo shareholders approve sale of core business to Verizon
(Reuters) - Yahoo Inc shareholders on Thursday approved the company's pending sale of its core internet business to Verizon Communications Inc for $4.48 billion, according to preliminary results from a shareholder meeting.
Microsoft agrees to buy U.S.-Israeli cyber firm Hexadite
A sign marks the Microsoft office in Cambridge, Massachusetts, U.S. January 25, 2017. REUTERS/Brian Snyder
Boeing studies pilotless planes as it ponders next jetliner
SEATTLE (Reuters) - Boeing Co is looking ahead to a brave new world where jetliners fly without pilots and aims to test some of the technology next year, the world's biggest plane maker said in a briefing ahead of the Paris Airshow.