(Reuters) - Chipmaker Broadcom Ltd (AVGO.O) violated a U.S. Treasury Department order by not giving sufficient notice to a national security panel of its plans to redomicile in the United States, the Treasury said in a letter to the Singapore-based company. The logo of Qualcomm is seen during the Mo...
Data breach victims can sue Yahoo in the United States: judge
(Reuters) - Yahoo has been ordered by a federal judge to face much of a lawsuit in the United States claiming that the personal information of all 3 billion users was compromised in a series of data breaches. A photo illustration shows a Yahoo logo on a smartphone in front of a displayed cyber code ...
U.S. government says Broadcom violated order in Qualcomm merger bid
WASHINGTON (Reuters) - Chipmaker Broadcom Ltd (AVGO.O) violated an order from a national security panel in a bid to push for a merger with rival Qualcomm Inc (QCOM.O), the U.S. Treasury Department said in a letter. The logo of Qualcomm is seen during the Mobile World Congress in Barcelona, Spain Feb...
Microsoft touts progress of chat app Teams in battle with Slack
SEATTLE (Reuters) - Microsoft Corp (MSFT.O) on Monday said 200,000 organizations are now using Teams, its year-old workplace collaboration software, up from 125,000 in September, a sign the company may be making some progress in its battle with Slack Technologies Inc. A Microsoft logo is seen in Los...
Dropbox sees IPO price between $16 and $18 per share
(Reuters) - Data-sharing business Dropbox Inc (DBX.O) on Monday filed for an initial public offering of 36 million shares, giving the company a value of more than $7 billion at the higher end of the range. The DropBox logo is seen in this illustration photo July 28, 2017. REUTERS/Thomas White/Illust...
Singapore-based Broadcom to redomicile to U.S. by April 3
(Reuters) - Singapore-based Broadcom Ltd (AVGO.O) said on Monday it expects to redomicile to the United States by April 3, two days before the chipmaker’s acquisition target Qualcomm Inc (QCOM.O) holds its annual shareholder meeting. A sign to the campus offices of chip maker Broadcom Ltd, is ...
Trading in Samsung Elec to be halted for three days before stock split - Korea Exchange
SEOUL (Reuters) - South Korea’s stock exchange said on Monday that trading in Samsung Electronics Co Ltd’s shares will be halted for three days before the stock is split. The logo of Samsung is seen on a building during the Mobile World Congress in Barcelona, Spain February 25, 2018. REU...
Japan's Coincheck to start repaying customers Monday after digital money heist
TOKYO (Reuters) - Japanese cryptocurrency exchange Coincheck Inc, reeling from government reprimands over lax standards after $530 million dollar theft of digital money, said it would from Monday start repaying customers affected by the heist. FILE PHOTO: Cryptocurrency exchange Coincheck's signboar...
Artificial intelligence can make power firms more efficient: consultancy
FRANKFURT (Reuters) - Utilities can increase their efficiency by using more artificial intelligence (AI) technology, such as software to predict demand swings in the power grid or to control home appliances, consultancy Roland Berger said. European utilities could achieve efficiency gains of up to a...
Checked Your Credit Since the Equifax Hack?
A recent consumer survey suggests that half of all Americans still haven’t checked their credit report since the Equifax breach last year exposed the Social Security numbers, dates of birth, addresses and other personal information on nearly 150 million people. If you’re in that fifty pe...
Checked Your Credit Since the Equifax Hack?
A recent consumer survey suggests that half of all Americans still haven’t checked their credit report since the Equifax breach last year exposed the Social Security numbers, dates of birth, addresses and other personal information on nearly 150 million people. If you’re in that fifty pe...
Amazon video service looking to expand Indian regional content
MUMBAI (Reuters) - Amazon.com Inc’s video service will look to add more regional content in India, two company executives said, as it competes with a host of global and local players for a bigger share of a fledgling online streaming market. FILE PHOTO: Employees of Amazon India are seen behin...
Internet tycoon challenges Deutsche Telekom to team up on German broadband
FRANKFURT (Reuters) - The billionaire founder of United Internet has urged internet providers to found a joint company to build out Germany’s high-speed broadband network, challenging market leader Deutsche Telekom to back the venture. FILE PHOTO: A logo of Germany's telecommunications giant D...
China eyes 'black tech' to boost security as parliament meets
BEIJING (Reuters) - At a highway check point on the outskirts of Beijing, local police are this week testing out a new security tool: smart glasses that can pick up facial features and car registration plates, and match them in real-time with a database of suspects.
Panasonic considers selling security camera factory in China: Nikkei
TOKYO (Reuters) - Panasonic Corp is considering selling a Chinese plant that makes security cameras in a deal it hopes will fetch over $450 million, the Nikkei reported on Saturday.
New German minister to challenge Google and Facebook's presentation of news
BERLIN (Reuters) - Germany’s incoming minister with responsibility for digital policy says she will push social media giants to make users’ information feeds more diverse and timely to avoid creating “echo chambers” for the like-minded. Companies such as Facebook have come un...
Uber hails loan investors directly
NEW YORK (IFR) - Uber is bringing its disruptive force to the leveraged loan market, approaching institutional investors directly on a new debt sale.
Waymo's self-driving trucks to haul cargo for Google in Atlanta
(Reuters) - Waymo, the autonomous vehicle arm of Alphabet Inc (GOOGL.O), said on Friday it would launch a self-driving trucks pilot in Atlanta to carry cargo for Google’s data centers. FILE PHOTO: The Waymo logo is displayed during the North American International Auto Show in Detroit, Michiga...
Broadcom promises on security, Qualcomm revamps board
(Reuters) - Broadcom Ltd (AVGO.O) has promised not to sell critical national security assets to foreign buyers if its deal to buy chipmaker Qualcomm Inc (QCOM.O) is approved, another effort by the Singapore-based firm to appease U.S. security concerns. FILE PHOTO: A sign to the campus offices of chi...
Bitcoin falls to lowest level in three-and-a-half weeks
NEW YORK (Reuters) - Bitcoin dropped below $9,000 on Friday to its lowest level in 3-1/2 weeks on concerns about regulatory clamp down around the world following cases of large thefts of digital currencies. FILE PHOTO: Representation of the Bitcoin virtual currency standing on the PC motherboard is ...
Broadcom says will not sell national security assets to foreign firms
(Reuters) - Broadcom Ltd said in a letter to U.S. Congress on Friday that it will not sell any critical national security assets to any foreign companies if its $117 billion deal to buy chipmaker Qualcomm Inc is approved. FILE PHOTO: A sign to the campus offices of chip maker Broadcom Ltd is shown i...
Wall Street has never been so far behind on Netflix
(Reuters) - Netflix Inc’s (NFLX.O) 65 percent jump so far in 2018 has been so fast that Wall Street analysts earlier this week were as much as $60 behind the curve on a stock most say is a buy. The Netflix logo is pictured on a television in this illustration photograph taken in Encinitas, Cal...
PBOC governor says Bitcoin not a legitimate method of payment
BEIJING (Reuters) - China does not recognize Bitcoin and other digital currencies as legitimate forms of payment, the central bank governor, Zhou Xiaochuan, said on Friday. Zhou Xiaochuan, Governor of the People's Bank of China, attends a news conference on the sidelines of China's National People's...
Platinum's fuel-cell car bonanza proves elusive
LONDON (Reuters) - The platinum industry has been waiting for fuel-cell cars to lift demand for years. Now, just as the technology finally looks to be gaining traction, carmakers are finding ways to slash the amount of the expensive metal used. Cars using fuel cells, which generate electricity throu...
Toshiba expects to complete chip unit sale by June at latest: executive
YOKKAICHI, Japan (Reuters) - Toshiba Corp (6502.T) expects the sale of its $18 billion memory chip business to be completed by June at the latest, if not by an agreed deadline of the end of March, as it awaits antitrust regulatory approval from China. FILE PHOTO: A logo of Toshiba Corp is seen on a ...
Toyota affiliate Denso buying stake worth $800 million in chipmaker Renesas
TOKYO (Reuters) - Japanese auto parts supplier Denso Corp (6902.T) is buying an additional 4.5 percent stake in chipmaker Renesas Electronics (6723.T) in a deal worth $800 million based on market prices, as car makers accelerate the adoption of self-driving and other technologies. FILE PHOTO: Renesa...
Japan auto parts giant Denso raises stake in chip maker Renesas
TOKYO (Reuters) - Japanese auto parts supplier Denso Corp (6902.T) said on Friday it has agreed to acquire an additional 4.5 percent stake in chip maker Renesas Electronics Corp (6723.T), as carmakers accelerate development of self-driving vehicles and other technologies. Renesas Electronics Corp's ...
Twitter appoints Parag Agrawal as Chief Technology Officer
(Reuters) - Twitter Inc appointed Parag Agrawal as Chief Technology Officer on Thursday, according to an update on the social media company’s website. FILE PHOTO: The Twitter application is seen on a phone screen August 3, 2017. REUTERS/Thomas White/File Photo Parag Agrawal, who joined microbl...
Andreessen, others, invest in U.S. digital currency fund
NEW YORK (Reuters) - U.S.-based Multicoin Capital, an asset management firm with a long-term positive view on digital currencies, has raised capital from a slew of big individual and institutional investors led by influential venture capitalist Marc Andreessen, its co-founder and managing partner to...
U.S. appeals court in San Francisco will hear net neutrality appeal
WASHINGTON (Reuters) - A federal judicial panel said on Thursday that challenges to the Federal Communications Commission’s repeal of the Obama era open internet rules will be heard by an appeals court based in San Francisco. FILE PHOTO - Supporter of Net Neutrality Lance Brown Eyes protests t...