An exchanged Samsung Electronics' Galaxy Note 7 is seen at the company's headquarters in Seoul, South Korea, October 13, 2016. REUTERS/Kim Hong-Ji/File Photo
Foxconn CEO says investment for display plant in U.S. would exceed $7 billion
TAIPEI (Reuters) - Foxconn, the world's largest contract electronics maker, is considering setting up a display-making plant in the United States in an investment that would exceed $7 billion, company chairman and chief executive Terry Gou said on Sunday.
UK's May looks to boost technology industry as she eyes life after Brexit
LONDON (Reuters) - The government's plan to reshape Britain's economy to adapt to Brexit will be announced next week, Prime Minister Theresa May said on Sunday, highlighting technology as one growth sector and setting out a new technical education strategy.
China sets up $14.6 billion internet investment fund: Xinhua
BEIJING (Reuters) - China has set up a 100 billion yuan ($14.55 billion) fund to support investment in the internet sector, said official news agency Xinhua on Sunday.
Chief of Taiwan's Foxconn says rise of protectionism unavoidable
TAIPEI (Reuters) - The head of Foxconn, the world's largest contract manufacturer of electronic goods and a major Apple Inc supplier, said on Sunday that the rise of protectionism is unavoidable.
As nuclear loss grows, Toshiba needs chip investors, soon
TOKYO (Reuters) - With mounting writedowns from its nuclear business, Japan's Toshiba Corp is looking to sell part of its core semiconductors business, a world No.2 in the flash memory chips used in smartphones.
Apple files $1 billion lawsuit against chip supplier Qualcomm
(WASHINGTON) - Apple Inc filed a $1 billion lawsuit against supplier Qualcomm Inc on Friday, following a U.S. government lawsuit which accused the chip maker of using anti-competitive tactics to maintain its monopoly of a key semiconductor used in mobile phones.
Rockwell Collins sees defense market uptick, small 777 impact
(Reuters) - Aviation electronics maker Rockwell Collins Inc's defense business is "really busy right now," reflecting a new emphasis on defense spending, Chief Executive Officer Kelly Ortberg said on Friday.
Uber hires Google search veteran Singhal for senior engineering post
SAN FRANCISCO (Reuters) - Ride-hailing company Uber Technologies Inc. has hired the man behind Google search to work closely with Chief Executive Travis Kalanick and help grow the company's self-driving car program.
Canada's Competition Bureau reaches deal with Apple, publishers
OTTAWA (Reuters) - Canada's business competition watchdog said on Friday it had reached an agreement with Apple Inc and three major e-book publishers that will allow retailers to offer discounts to customers.
Outgoing FCC chair warns against overturning net neutrality
WASHINGTON (Reuters) - Outgoing U.S. Federal Communications Commission Chairman Tom Wheeler warned Republicans against dismantling the Obama administration's landmark "net neutrality" protections that bar internet service providers from slowing consumer access to web content.
Amazon's Dash button goes online
(Reuters) - Amazon.com Inc has put its popular Dash button on its website and mobile app, making it easier for shoppers to buy their favorite items such as peanut butter, detergent and paper towels.
T. Rowe Price to recover $100 million from insurance after voting error
BOSTON (Reuters) - Fund manager T. Rowe Price Group said in a securities filing this month it has entered an insurance agreement to recover $100 million after it made a voting error in the 2013 buyout of Dell Inc.
Sony Music seeks Nigeria streaming growth to build on ringback market
LAGOS (Reuters) - Sony Music Entertainment sees big growth prospects for music streaming in Nigeria, thanks to falling internet data costs and a large, growing population, a senior executive told Reuters.
Media Markt trials service to rent drones, VR headsets
BERLIN (Reuters) - Media Saturn, Europe's biggest consumer electronics group, is trialing a new service at its Media Markt unit to allow customers to rent devices such as drones or virtual reality headsets, in a bid to tempt customers to try out new products.
Trading house says Samsung seeks $429 million in LCD panel supply dispute
TOKYO (Reuters) - A Japanese electronics trading house said Samsung Electronics Co has filed a request for arbitration with the International Chamber of Commerce (ICC) over an LCD panel maker's decision to stop supplies to the South Korean company.
South Korea prosecutors summon another Samsung executive
SEOUL (Reuters) - South Korea's special prosecutor's office said on Friday it summoned a Samsung Electronics Co Ltd executive for questioning as it investigates a widening influence-peddling scandal that has embroiled President Park Geun-hye.
Indian central bank working on plan to reduce online charges: sources
NEW DELHI (Reuters) - The Reserve Bank of India is working on a plan to reduce online transaction costs as it tries to encourage more digital banking, two parliamentary panel members quoted central bank governor Urjit Patel as saying on Friday.
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





