A map of China is seen through a magnifying glass on a computer screen showing binary digits in Singapore in this January 2, 2014 photo illustration. REUTERS/Edgar Su
China's MOFCOM says opposes U.S. sanctions on its firms under U.S. laws
HONG KONG (Reuters) - China's Ministry of Commerce (MOFCOM) said on Thursday it is opposed to the United States sanctioning Chinese firms under its domestic laws, and that it hoped that country would handle ZTE Corp's $892 million settlement case "appropriately".
Toshiba's Westinghouse brings in bankruptcy lawyers; disclosure deadlines loom
NEW YORK/TOKYO (Reuters) - U.S. nuclear firm Westinghouse Electric Co LLC has hired bankruptcy attorneys, in a sign that owner Toshiba Corp is more seriously weighing a Chapter 11 filing as an option to help it rein in a multibillion dollar financial maelstrom.
Foxconn not favored bidder for Toshiba's chip unit due to China link: sources
TOKYO (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, is not a favored bidder for Toshiba Corp's memory chip business due to its close ties with China, sources with direct knowledge of the deal said.
Uber's head of AI Labs steps down after four months
(Reuters) - Uber Technologies Inc's Gary Marcus said he is stepping down from his post as head of AI Labs, four months after the unit was created.
Exclusive: Former Global Crossing CEO bets on over the top streaming video
NEW YORK (Reuters) - The founder of former telecommunications company Global Crossing Inc, Gary Winnick, has acquired a majority stake in live streaming concert service Qello - the first step in creating a new company and technology platform to capitalize on the surge in online TV consumption, Winni...
Chief of South Korea's Samsung Group denies all charges
SEOUL (Reuters) - The leader of South Korea's Samsung Group conglomerate, Jay Y. Lee, on Thursday denied all of a special prosecutor's charges against him, his lawyer said at the opening of a hearing against him.
Google backs UK-based payments company Currencycloud
NEW YORK (Reuters) - Alphabet Inc's venture arm has invested in Currencycloud, a UK startup that provides technology to enable businesses to provide cross-border payments services to their customers.
CIA 'mission' on cars shows concern about next-generation vehicles
SAN FRANCISCO (Reuters) - WikiLeaks documents showing the U.S. Central Intelligence Agency considered a "mission" against connected car technology underscores auto industry concern that the science behind the next generation of vehicles could be turned against them.
Exclusive - Toshiba's Westinghouse calls in U.S. bankruptcy lawyers: sources
(Reuters) - Westinghouse Electric Co LLC, the U.S. nuclear power plant developer owned by troubled Japanese electronics giant Toshiba Corp, has brought in bankruptcy attorneys from law firm Weil Gotshal & Manges LLP, people familiar with the matter said on Wednesday.
California grants Uber permit to bring back self-driving cars
SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] can legally put its self-driving cars back on California streets after securing the necessary permit from state regulators, the company said on Wednesday, although passengers will not immediately be allowed in the backseat.
Uber prohibits use of 'Greyball' technology to evade authorities
SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] has prohibited the use of its so-called "Greyball" technology to target regulators, ending a program that had been critical in helping Uber evade authorities in cities where the service has been banned.
Congress may overturn Obama internet privacy rules
Internet LAN cables are pictured in this photo illustration taken in Sydney June 23, 2011. REUTERS/Tim Wimborne
Investors chained to bitcoin bets as U.S. ETF decision looms
FILE PHOTO - A Bitcoin sign is seen in a window in Toronto, May 8, 2014. REUTERS/Mark Blinch/File Photo
WhatsApp tests business chat tools in search for revenue
An illustration photo shows the Whatsapp application logo on a mobile phone in Rio de Janeiro, Brazil, May 2, 2016. REUTERS/Nacho Doce
Google touts new cloud computing clients; analysts skeptical
An attendee interacts with an illuminated panel at Google stand during the Mobile World Congress in Barcelona, Spain, March 1, 2017. REUTERS/Paul Hanna
WikiLeaks Dumps Docs on CIA’s Hacking Tools
WikiLeaks on Tuesday dropped one of its most explosive word bombs ever: A secret trove of documents apparently stolen from the U.S. Central Intelligence Agency (CIA) detailing methods of hacking everything from smart phones and TVs to compromising Internet routers and computers. KrebsOnSecurity is s...
WikiLeaks Dumps Docs on CIA’s Hacking Tools
WikiLeaks on Tuesday dropped one of its most explosive word bombs ever: A secret trove of documents apparently stolen from the U.S. Central Intelligence Agency (CIA) detailing methods of hacking everything from smart phones and TVs to compromising Internet routers and computers. KrebsOnSecurity is s...
Foxconn approaches chipmaker SK Hynix for joint Toshiba bid: Nikkei
(Reuters) - Taiwan's Foxconn , the world's largest contract electronics maker, has approached South Korean chip maker SK Hynix Inc to explore a joint bid for Toshiba Corp's memory chip unit, the Nikkei reported, citing sources.
SAP to offer its business apps on Google Cloud
FRANKFURT (Reuters) - Germany's SAP is teaming up with Silicon Valley giant Google to allow customers to run SAP's big business applications on Google's cloud while offering Google's suite of web-based desktop apps to users, the company said on Wednesday.
Snap perks up after initial rush of short sellers
SAN FRANCISCO (Reuters) - Shares of Snap Inc rebounded on Wednesday following a steep selloff while an initial rush to short sell the stock appeared to be slowing.
Lamborghini open to considering all-electric supercar: CEO
GENEVA (Reuters) - Lamborghini is open to an all-electric addition to its line-up of luxury sports cars, its chief executive said on Wednesday, evidence that German parent Volkswagen's interest in producing zero-emission vehicles could extend to the very top end of its brands.
Morgan Stanley hires Obama counterterrorism advisor as technology executive
(Reuters) - Morgan Stanley has hired a former senior counterterrorism advisor in the Obama administration, Jen Easterly, to advise the bank on managing technology risk.
Wikileaks' CIA hacking dump sends tech firms scrambling for fixes
FRANKFURT (Reuters) - Tech companies must rapidly step up information sharing to protect users from prying eyes, a security software executive said on Wednesday after WikiLeaks released a trove of documents detailing the CIA's capacity to hack all manner of devices.
Viacom in talks with ex-Fox Chairman Gianopulos to lead Paramount: WSJ
(Reuters) - Viacom Inc is in talks with former Twentieth Century Fox Chairman Jim Gianopulos to lead its Paramount Pictures film studio, the Wall Street Journal reported.
Samsung to expand in U.S., shift some manufacturing from Mexico: WSJ
(Reuters) - Samsung Electronics Co Ltd is planning to expand its U.S. production facilities, shifting some manufacturing from Mexico, the Wall Street Journal reported on Wednesday.
U.N. expert urges states to work towards cyber surveillance treaty
GENEVA (Reuters) - The world needs an international treaty to protect people's privacy from unfettered cybersurveillance, which is being pushed by populist politicians preying on fear of terrorism, according to a U.N. report debated on Wednesday.
Exclusive: With India visit, Westinghouse CEO keeps nuclear project alive
NEW DELHI (Reuters) - A deal to build six Westinghouse nuclear reactors in India is still alive, but to be viable must be ring-fenced from a financial crisis at the U.S. reactor maker and its Japanese parent Toshiba Corp, people with direct knowledge of the matter told Reuters.
SoftBank to put $8 billion ARM stake into its Vision Fund: FT
LONDON/ABU DHABI (Reuters) - Japan's SoftBank is to place a roughly $8 billion stake in ARM, the British chip designer it bought last year, into a technology investment fund it has created with Saudi Arabia, the Financial Times reported on Wednesday.
India's Flipkart looking to raise $1 billion in latest funding round: source
MUMBAI (Reuters) - India's top e-commerce company Flipkart is holding talks with investors to raise up to $1 billion in one of its biggest funding rounds so far, a source familiar with developments said on Wednesday.