Indian IT sector warns against U.S. visa bill

MUMBAI/BENGALURU (Reuters) - India's IT lobby warned on Tuesday that a bill before the U.S. Congress aimed at imposing tougher visa rules unfairly targets some of its members and will not solve a U.S. labor shortage in technology and engineering.

Global ag tech startup investments drop 30 percent in 2016: study

CHICAGO (Reuters) - Global investments in agriculture technology startups fell 30 percent in 2016 as investor interest in companies offering drones and satellite-guided farm machines cooled following the biggest capital inflow ever a year earlier, according to a study released on Tuesday.

Robo-adviser Betterment adds human advice

NEW YORK (Reuters) - Betterment, one the earliest and largest online wealth managers known as robo-advisers, is launching new services that will allow clients to receive financial advice from human advisers, as digital and traditional investment management models converge.

Vodafone-Idea deal could speed up India telecoms consolidation

MUMBAI (Reuters) - A proposed merger between Vodafone's India operation and Idea Cellular would create a market leader in India's crowded and hyper-competitive telecoms sector, forcing smaller players into two likely options: merge or exit altogether.

Ocado says will deliver delayed overseas deal

LONDON (Reuters) - British online supermarket Ocado said it was increasingly confident that it would deliver an overseas technology deal first targeted before the end of 2015.

Canon unlikely to help Toshiba with investment in memory chip business

TOKYO (Reuters) - Japan's Canon Inc said would be difficult to invest in Toshiba Corp's memory chip business, dousing hopes that the struggling conglomerate could count on its business partner for help as it scrambles for funds to offset a multi-billion dollar writedown.

Nintendo lowers full-year operating profit outlook, but returns to quarterly profit

OSAKA (Reuters) - Nintendo Co Ltd cut its operating profit forecast for the year ending March to 20 billion yen ($176 million) from 30 billion yen, though a weaker yen and revenue from mobile gaming helped the videogames maker to its first quarterly profit in a year.

Canon sees first profit gain in three years after medical unit acquisition

TOKYO (Reuters) - Japanese camera and printer maker Canon Inc forecast full-year operating profit to climb 11.4 percent, its first rise in three years, bolstered by earnings from a medical equipment unit it bought from Toshiba Corp last year.

Canada's Wealthsimple takes on crowded U.S. robo-adviser market

TORONTO (Reuters) - Wealthsimple, a Canadian-based robo-adviser startup, announced a C$20 million ($15.25 million) investment from Power Financial Corp , and formally launched in the United States on Tuesday, as it looks to compete in a crowded American market dominated by big investment firms.

Tech companies to meet on legal challenge to Trump immigration order

(Reuters) - A group of technology companies is planning to meet on Tuesday to discuss filing an amicus brief in support of a lawsuit challenging U.S. President Donald Trump's order restricting immigration from seven Muslim-majority countries, said a spokesperson for GitHub, a company that makes soft...

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SoftBank considers investment of over $1 billion in WeWork - WSJ

(Reuters) - SoftBank Group Corp is considering an investment of more than $1 billion in office-space sharing start-up WeWork, the Wall Street Journal reported, citing people familiar with the matter.

Raymond James to roll out robo-adviser in 2017

NEW YORK (Reuters) - Raymond James Financial is rolling out a new digital platform with robo-adviser-like technology this year, the St. Petersburg, Florida-based firm said on Monday.

EU's digital chief underlines public demand to end mobile roaming charges

BRUSSELS (Reuters) - The European Union's digital chief has said that failure to solve the last remaining barrier to abolishing mobile roaming charges across the bloc in June would lead people to question its ability to deliver on promises.

Microsoft working with Washington State on suit against Trump immigration order

(Reuters) - Microsoft Corp said it has been cooperating with the Washington State Attorney General's Office, which is suing in federal court to stop President Donald Trump's order restricting immigration from several Muslim countries.

Dropbox on track for more than $1 billion in annual revenue: CEO

SAN FRANCISCO (Reuters) - File sharing and storage company Dropbox is on track to make more than $1 billion in annual revenue, company chief executive Drew Houston said at an event on Monday.

Argentine prosecutor asks for local Uber executives to be jailed

BUENOS AIRES (Reuters) - An Argentine prosecutor asked a judge to jail local executives of ride-hailing company Uber Technologies Inc on Monday and a court ordered the company's mobile application to be shut down.

Dropbox targets deep-pocketed businesses to increase revenue

SAN FRANCISCO (Reuters) - A decade after its founding as a file-sharing business, Dropbox Inc is trying to become a new kind of company.

Snap selects New York Stock Exchange for its IPO: source

File Photo: The Snapchat logo is seen on a banner outside the New York Stock Exchange (NYSE) in New York City, U.S., November 16, 2016. REUTERS/Brendan McDermid/File Photo

Honda, GM to jointly produce fuel cell power systems in U.S. from 2020

TOKYO (Reuters) - Honda Motor Co Ltd and General Motors Co (GM) will jointly produce hydrogen fuel cell power systems in the United States from around 2020, to cut costs and ramp up output in the hope of increasing take-up of the zero-emission cars.

Fitbit estimates lower fourth-quarter revenue, cuts jobs

The ticker symbol for Fitbit is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) February 23, 2016. REUTERS/Brendan McDermid

Trump says cost of Lockheed's F-35 has been cut by $600 million

Lockheed Martin's logo is seen during Japan Aerospace 2016 air show in Tokyo, Japan, October 12, 2016. REUTERS/Kim Kyung-Hoon

Sony takes $976 million charge on movie segment as DVD market shrinks

The company logo of Sony Cooperation is seen at the CP+ camera and photo trade fair in Yokohama, Japan, February 25, 2016. REUTERS/Thomas Peter/File Photo

Japan's Rakuten CEO tweets Trump move to ban refugees makes him cry

A staff of Rakuten Cafe is seen under a logo of Rakuten Inc at a shopping district in Tokyo August 4, 2014. REUTERS/Yuya Shino

European tech giant SAP reassures staff alarmed by Trump travel ban

SAP SE CEO Bill McDermott attends the company's annual results press conference in Walldorf, Germany, January 24, 2017. REUTERS/Ralph Orlowski

Siemens chairman to nominate Snabe as successor: Manager Magazin

Siemens logo is pictured on a CT scan in the manufacturing plant of Siemens Healthineers in Forchheim near Nuremberg, Germany, October 7, 2016. REUTERS/Michaela Rehle/File Photo

Mitsubishi UFJ Trust to sue Toshiba over 2015 accounting scandal

FILE PHOTO- A logo of Toshiba Corp is seen on a printed circuit board in this photo illustration taken in Tokyo July 31, 2012. REUTERS/Yuriko Nakao/File Phot

Silicon Valley puts money and muscle into fighting Trump immigrant curbs

Tesla Chief Executive Elon Musk in Hong Kong, China January 26, 2016. REUTERS/Bobby Yip

A Shakeup in Russia’s Top Cybercrime Unit

A chief criticism I heard from readers of my book, Spam Nation: The Inside Story of Organized Cybercrime, was that it dealt primarily with petty crooks involved in petty crimes, while ignoring more substantive security issues like government surveillance and cyber war. But now it appears t...

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A Shakeup in Russia’s Top Cybercrime Unit

A chief criticism I heard from readers of my book, Spam Nation: The Inside Story of Organized Cybercrime, was that it dealt primarily with petty crooks involved in petty crimes, while ignoring more substantive security issues like government surveillance and cyber war. But now it appears t...

Continue reading

Snapchat to reveal financials within a week: sources

A billboard displays the logo of Snapchat above Times Square in New York March 12, 2015. REUTERS/Lucas Jackson/File Photo