Japan, Israel upgrade relations as Arab oil influence wanes

TEL AVIV (Reuters) - Japanese executives say they are increasingly drawn to investments in Israel as the price of oil falls and, with it, the influence Arab oil suppliers have on Japan's decision-making.

ABB names Nokia executive Jouret first chief digital officer

ZURICH (Reuters) - ABB has appointed Guido Jouret as its first chief digital officer, a move designed to ramp up the Swiss power and automation company's efforts in digital technology and the internet of things.

Satellite owner says SpaceX owes it $50 million or a free flight

CAPE CANAVERAL, Fla./JERUSALEM (Reuters) - Israel's Space Communication Ltd said on Sunday it could seek $50 million or a free flight from Elon Musk's SpaceX after a Spacecom communications satellite was destroyed last week by an explosion at SpaceX's Florida launch site.

EU's Juncker says Apple tax decision is clearly based on facts, rules

HANGZHOU, China (Reuters) - The EU's ruling that Apple Inc must pay a huge tax bill to Ireland was clearly based on facts and existing rules and was not a decision aimed against the United States, European Commission President Jean-Claude Juncker said on Sunday.

LG Electronics says to invest in robot technology

SEOUL (Reuters) - South Korea's LG Electronics Inc said on Sunday it will aggressively invest in robotics technology, seeking to capitalize on advancing artificial intelligence.

‘Flash Hijacks’ Add New Twist to Muggings

A frequent crime in Brazil is a scheme in which thieves kidnap people as they’re leaving a bank, and free them only after visiting a number of ATMs to withdraw cash. Now the crooks have introduced a new time-saving wrinkle into this scam: In these so-called “flash hij...

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‘Flash Hijacks’ Add New Twist to Muggings

A frequent crime in Brazil is a scheme in which thieves kidnap people as they’re leaving a bank, and free them only after visiting a number of ATMs to withdraw cash. Now the crooks have introduced a new time-saving wrinkle into this scam: In these so-called “flash hij...

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Daimler plans at least six electric car models: source

FRANKFURT (Reuters) - German carmaker Daimler plans to roll out at least six, and possibly as many as nine, electric car models as part of its push to compete with Tesla and Volkswagen's Audi, a person familiar with Daimler's plans told Reuters.

China passes bill to slash customs duties on 201 IT products

SHANGHAI (Reuters) - China will gradually eliminate customs duties for 201 information technology products covered by a $1.3 trillion World Trade Organization (WTO) deal under a bill passed on Saturday by its legislature, state news agency Xinhua reported.

Microsoft gets support in gag order lawsuit from U.S. companies

WASHINGTON (Reuters) - Technology, media, pharmaceutical and other companies, along with major corporate lobbying groups, filed legal briefs on Friday in support of a Microsoft Corp lawsuit that aims to strike down a law preventing companies from telling customers the government is seeking their dat...

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Brazil's Oi to file bankruptcy reorganization on Monday: sources

SAO PAULO (Reuters) - Brazilian telecom provider Oi SA is set to file its bankruptcy reorganization plan with a Rio de Janeiro court on Monday, two sources familiar with the situation told Reuters.

BlackBerry teams with Samsung for 'spy-proof' tablet for Germany

TORONTO (Reuters) - BlackBerry Ltd said on Friday that its encryption technology is being used to toughen a "spy-proof" Samsung tablet that is being used by German government agencies dealing with classified information.

Samsung Electronics says to halt Galaxy Note 7 sales on battery problem

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd said on Friday it will halt the sales of its Galaxy Note 7 smartphones and will prepare replacement devices for phones already sold after finding problems with the battery cell used.

Divided Irish cabinet to meet on whether to fight EU on Apple tax

DUBLIN (Reuters) - Ireland's fragile coalition government will try on Friday to overcome cabinet divisions on whether to join Apple in appealing against a multi-billion-euro back tax demand that the European Commission has slapped on the iPhone maker.

U.S. lobby say many economies like China pursue policies detrimental to infocomm sector

SINGAPORE (Reuters) - Many economies, including China, pursue policies on national security grounds that may hit the free flow of trade and investment in information and communications technology (ICT), the U.S. Chamber of Commerce said in a report.

China says probing Didi, Uber merger on anti-trust concern

SHANGHAI (Reuters) - China's commerce ministry is investigating the planned merger of ride-hailing firm Didi Chuxing and the Chinese unit of U.S. rival Uber Technologies Inc [UBER.UL] over anti-monopoly concerns, the ministry's spokesman said on Friday.

Samsung Electronics considering Galaxy Note 7 recall: source

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd is considering a recall of its Galaxy Note 7 devices amid reports that some of the premium phones are catching fire due to battery problems, a person familiar with the matter told Reuters on Friday.

Exclusive: Google shelves plan for phone with interchangeable parts - sources

SAN FRANCISCO (Reuters) - Alphabet Inc’s Google has suspended Project Ara, its ambitious effort to build what is known as a modular smartphone with interchangeable components, as part of a broader push to streamline the company's hardware efforts, two people with knowledge of the matter said.

LG Electronics says to partner with Amazon on smart homes

SEOUL (Reuters) - South Korea's LG Electronics Inc said on Friday it is partnering with Amazon.com Inc on smart-home services, enabling the U.S. company's services such as the Alexa virtual assistant on some of the electronics maker's devices.

Disrupting the disruptors: Uber ushers in latest foodie upheaval

SYDNEY (Reuters) - After three decades running McDonald's Corp restaurants, Tony Plunkett thought he knew everything about flipping burgers for a profit, and last year went out on his own with a start-up franchise in the Australian city of Melbourne.

Rocket Internet posts first-half loss on GFG impairments

The logo of of Rocket Internet, a German venture capital group is pictured in this September 24, 2014 illustration photo in Sarajevo. REUTERS/Dado Ruvic/File Photo

EU's Vestager warns others, says Apple could cut bill

European Commissioner for Violation of EU Treaties Margrethe Vestager reacts during a news conference on the approval of the Hutchison-Vimpelcom deal at the European Commission in Brussels, Belgium September 1, 2016. REUTERS/Eric Vidal

Pennsylvania reinstates Uber's record $11.4 million fine

The logo of car-sharing service app Uber on a smartphone over a reserved lane for taxis in a street is seen in this photo illustration taken December 10, 2014. REUTERS/Sergio Perez/Illustration/Files

Verizon CFO Shammo to retire at the end of 2016

NEW YORK (Reuters) - Verizon Communications Inc said on Thursday that its chief financial officer, Francis Shammo, plans to retire at the end of the year and will step down from his role effective Nov. 1.

Exclusive: HP Enterprise in talks to sell software unit to Thoma Bravo - sources

(Reuters) - Hewlett Packard Enterprise Co (HPE) is in talks with buyout firm Thoma Bravo LLC to sell its software division, hoping it can fetch between $8 billion and $10 billion, according to people familiar with the matter.

Kimpton Hotels Acknowledges Data Breach

Kimpton Hotels on Wednesday formally acknowledged that malware found on payment terminals in many of its hotels and restaurants may have compromised credit/debit cards of guests who patronized the properties in the first half of this year. The disclosure comes more than a month after KrebsOnSecurity...

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Kimpton Hotels Acknowledges Data Breach

Kimpton Hotels on Wednesday formally acknowledged that malware found on payment terminals in many of its hotels and restaurants may have compromised credit/debit cards of guests who patronized the properties in the first half of this year. The disclosure comes more than a month after KrebsOnSecurity...

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Europe needs $800 billion investment in digital infrastructure: Commissioner

ALPBACH, Austria (Reuters) - Europe needs to invest close to $800 billion in its digital infrastructure to catch up with the United States and China, the European Union commissioner responsible for the issue said on Thursday.

French finance minister says 'normal that Apple should pay normal taxes'

An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015. REUTERS/Mike Segar/File Photo - RTX2NQ7C

Apple CEO says EU tax ruling 'total political crap': Irish Independent

DUBLIN (Reuters) - Apple Chief Executive Tim Cook on Thursday described the European Union's imposition of a 13 billion euro ($14.5 billion) back tax bill as "total political crap" motivated in part by anti-U.S. bias, the Irish Independent reported.