SoftBank to invest $1 billion in U.S. satellite venture OneWeb

(Reuters) - SoftBank Group Corp has agreed to invest $1 billion in OneWeb Ltd, which is building a constellation of satellites to improve global broadband access, the Japanese Internet conglomerate and the U.S. startup firm said on Monday.

China's Thunder Software buys Finnish car software company

HELSINKI (Reuters) - Chinese mobile operating systems company Thunder Software Technology Co Ltd (Thundersoft) said on Monday it has agreed to acquire Finnish automotive software company Rightware for 64 million euros ($67 million).

Digital currency sales take off, but with no regulation questions abound

NEW YORK (Reuters) - A small, but rapidly growing number of digital technology start-ups is raising cash by creating and selling their own currencies in offerings that bypass banks or venture capital firms as intermediaries and are outside the reach of financial regulators.

EU financial regulators say more rules may be needed for Big Data

LONDON (Reuters) - Additional rules may be needed to monitor growth in Big Data, or collection of high volumes of information, which could pose security, privacy and accountability risks, European Union regulators said on Monday.

Ride hailing app Careem says closes first part of $500 mln funding round

DUBAI (Reuters) - Ride-hailing app Careem has closed the first part of a $500 million funding round backed by investors including Japan's Rakuten Inc and Saudi Telecom Co (STC), the Dubai-based company said in a statement on Monday.

Ride-hailing firm Uber partners Indonesian taxi operator Express

JAKARTA (Reuters) - Uber Technologies [UBER.UL] and Indonesia's second-biggest taxi operator PT Express Transindo Utama Tbk announced on Monday a partnership on ride-sharing and vehicle financing.

Samsung Electronics likely to procure phone batteries from LG Chem: Chosun Ilbo

SEOUL (Reuters) - Samsung Electronics Co Ltd is in talks with LG Chem Ltd to make it one of its smartphone battery suppliers, the Chosun Ilbo newspaper said on Monday - a move that would diversify its supplier base after the failure of its Galaxy Note 7.

Switching gears, Canada's BlackBerry to open autonomous vehicle hub

OTTAWA (Reuters) - Canada's BlackBerry Ltd will open an autonomous driving research center on Monday, as it tries to make itself an indispensable under-the-hood piece of the automotive industry's weaponry in the self-driving vehicle arms race.

Britain urged to increase cyber security in financial services

LONDON (Reuters) - Britain's intelligence agencies need to do more to help regulators to protect the financial services industry from cyber crime, the head of an influential parliamentary committee said on Monday.

Apple to appeal EU tax ruling this week, says it was a 'convenient target'

CUPERTINO, Calif. (Reuters) - Apple will launch a legal challenge this week to a record $14 billion EU tax demand, arguing that EU regulators ignored tax experts and corporate law and deliberately picked a method to maximize the penalty, senior executives said.

Yahoo security problems a story of too little, too late

SAN FRANCISCO/BOSTON/WASHINGTON (Reuters) - In the summer of 2013, Yahoo Inc launched a project to better secure the passwords of its customers, abandoning the use of a discredited technology for encrypting data known as MD5.

Senators call for probe of cyber attacks by Russia

WASHINGTON (Reuters) - U.S. Republican and Democratic senators called on Sunday for a special bipartisan panel to investigate cyber attacks against the United States by foreign countries with a focus on Russia's alleged efforts to influence the U.S. presidential election.

Virtual assistants expected to top virtual reality in holiday sales

(Reuters) - Virtual assistants are set to pummel virtual reality headsets in the fight for consumer dollars this holiday season, while smartwatches drive wearable sales. Drones may fly under the radar, though.

German courts should go after fake news on Facebook now: minister

BERLIN (Reuters) - German judges and state prosecutors need to crack down straight away on fake news disseminated through social media platforms such as Facebook, Germany's Justice Minister Heiko Maas said in an interview published on Sunday.

Nissan, Renault, Mitsubishi to share electric car platform: Nikkei

TOKYO (Reuters) - Nissan Motor Co , Renault SA and Mitsubishi Motors Corp will combine their electric vehicle platforms in an effort to slash prices down to levels comparable to conventional gasoline cars, the Nikkei newspaper said.

Airbnb seeks to raise an additional $153 million

SAN FRANCISCO (Reuters) - Airbnb Inc is looking to raise an additional $153 million as an extension of a recent funding round, boosting its coffers as the company pushes forward with global expansion.

Uber fires back at California DMV in self-driving car spat

SAN FRANCISCO (Reuters) - Uber Technologies Inc on Friday again defied a demand by California regulators that the ride-services firm apply for a permit to test self-driving cars, setting up a possible legal battle.

Uber says disappointed by Taiwan law raising ride-sharing fine to highest level globally

TAIPEI (Reuters) - Uber Technologies Inc [UBER.UL] said it was disappointed Taiwan's legislature had passed a regulation that will raise fines sharply on unlicensed ride-sharing services to the highest level for such fines globally.

French government tells Uber to talk to protesting drivers

PARIS (Reuters) - The French government waded into a row over Uber's cut-price taxi service on Friday, urging local representatives of the U.S. app-based business to give its drivers a proper hearing after two days of noisy protests over their working conditions.

Facebook underreported iPhone traffic for some publishers

(Reuters) - Facebook Inc said it had underreported the number of views on iPhone of content published by some publishers using its Instant Articles platform between Sept. 20 and Nov. 30.

China's OnePlus to make 3T phone in India from early 2017

MUMBAI (Reuters) - China's OnePlus plans to make its 3T model in India from early next year to meet growing demand in the world's second-biggest smartphone market by users.

Sumner Redstone to step down from Viacom board

(Reuters) - Sumner Redstone will step down from the Viacom board of directors after the company's annual meeting in February, according to a company filing Friday.

With bylaw tweaks, Apple grants activist one of three wishes

BOSTON/SAN FRANCISCO (Reuters) - Apple Inc's board relaxed some rules for director nominations by outside investors but stopped short of broader changes sought by an activist shareholder.

Porsche racecar engineer joins Apple: Manager Magazin

FRANKFURT (Reuters) - Computer and mobile phone giant Apple hired Alexander Hitzinger, former head of Porsche's racecars program, Manager Magazin said, poaching a skilled project manager who helped engineer the German sportscar company's Le Mans victories.

China's Wanxiang gets approval to produce Karma electric cars

BEIJING (Reuters) - Wanxiang Group, a major Chinese auto parts supplier which almost three years ago bought the assets of defunct California-based plug-in hybrid carmaker Fisker Automotive, has received approval from local regulators to produce electric vehicles in China.

Turkey's Akbank says targeted by hackers, faces up to $4 million liability

ISTANBUL (Reuters) - Hackers targeted Turkish lender Akbank in a cyber attack on the SWIFT global payment system, the bank said, adding it faced a liability of up to $4 million from the incident but no customer information was compromised.

Apple can sell iPhone 7s in Indonesia after R&D investment commitment

JAKARTA (Reuters) - Apple Inc has committed to invest around $44 million in a research and development center in Indonesia over the next three years, a senior government official said, enabling it to start selling its latest iPhone 7 in the Southeast Asian nation.

Indonesia says Google tax settlement offer too small, no deal this year

JAKARTA (Reuters) - An offer by Google to settle a tax dispute with the Indonesian government was too small and a deal will not be reached this year, the head of the tax office's special cases branch said.

Trivago's IPO falls below expectations: source

(Reuters) - Trivago GmbH , the hotel search platform that is majority owned by U.S. online travel firm Expedia Inc , raised $287 million in an initial public offering (IPO) on Thursday, far below expectations, according to a person familiar with the matter.

New start-up wave challenges Japan's aversion to risk

TOKYO (Reuters) - A wave of start-ups is emerging in famously risk-averse Japan as cash-rich corporations increasingly delegate the task of keeping pace with technologies such as artificial intelligence and robotics to smaller, nimbler businesses.