Toshiba woes intensify on reports of $6 billion writedown, shares plummet
By Kentaro Hamada and Taiga UranakaTOKYO (Reuters) - Toshiba Corp's <6502.T> financial crisis deepened on Thursday as media reported it may unveil a bigger-than-expected $6 billion writedown for...
View ArticleIndian government wants Apple, but not all officials are biting
By Sanjeev Miglani and Rajesh Kumar SinghNEW DELHI (Reuters) - Some Indian officials have balked at Apple's demands for concessions before it assembles iPhones there, raising doubts about a spring...
View ArticleNintendo says to launch Super Mario Run Android version in March
TOKYO (Reuters) - Japan's Nintendo said it will release an Android version of its Super Mario mobile game in March following the launch of Super Mario Run for Apple Inc's iPhone in December.The...
View ArticleSnap Inc hires Jennifer Park Stout as head of global policy
(Reuters) - Messaging app owner Snap Inc has hired Jennifer Park Stout, former deputy chief of staff to the U.S. Secretary of State, as its head of global public policy, a spokeswoman told Reuters on...
View ArticleBitcoin exchange BTCC: China hasn't said margin trading illegal
By Brenda GohSHANGHAI (Reuters) - The head of Chinese bitcoin exchange BTCC on Thursday denied media reports that the central bank had ruled it was offering margin loans illegally, and he said the...
View ArticleU.S exchanges rent helicopter, drape banner in pursuit of Snapchat IPO
By Lauren Hirsch, Liana B. Baker and Olivia OranSAN FRANCISCO/NEW YORK (Reuters) - This past November, Nasdaq Inc hired a helicopter to film Manhattan's skyline using Snapchat's new video-camera...
View ArticleFacebook to build third foreign data center in Denmark
By Nikolaj SkydsgaardCOPENHAGEN (Reuters) - Facebook will build a new data center in the Danish city of Odense, the California-based tech company said at a press conference with local authorities, only...
View ArticleMediaset sees pay-TV strategy boosting EBIT 17-fold in five years
MILAN (Reuters) - Broadcaster Mediaset expects a 17-fold increase in its Italian operating profit by 2020 by completely rethinking the strategy of its pay-TV arm Premium after a deal to sell the unit...
View ArticleSix Coolpad workers detained in patent dispute with former employer Huawei
By Sijia JiangHONG KONG (Reuters) - Chinese smartphone maker Coolpad, part of the LeEco technology conglomerate, said six employees had been detained by authorities, accused of infringing the...
View ArticleEU antitrust regulators welcome Amazon, Apple audiobook deal
BRUSSELS/FRANKFURT (Reuters) - A decision by Amazon and Apple to scrap all exclusivity obligations in the supply and distribution of audiobooks will likely boost competition, EU antitrust regulators...
View ArticleCheck Point Software sees strong 2017 after fourth-quarter tops estimates
By Tova CohenTEL AVIV (Reuters) - Network security firm Check Point Software Technologies forecast better-than-expected profit and revenue in 2017 after posting quarterly results that beat expectations...
View ArticleAlibaba backer GGV Capital looking to raise first yuan fund
By Elzio Barreto and Julie ZhuHONG KONG (Reuters) - Venture capital firm GGV Capital, an early backer of Chinese e-commerce giant Alibaba Group Holding Ltd, is looking to raise its first yuan fund to...
View ArticleBlackRock owns 5 percent of Toshiba, likely becoming top shareholder
TOKYO (Reuters) - BlackRock Inc has a stake in Toshiba Corp of 5.01 percent, according to a Japanese government filing, likely becoming the struggling firm's top shareholder.According the filing,...
View ArticleAlibaba not interested in acquisitions, more interested in partnerships
DAVOS, Switzerland (Reuters) - China's Alibaba is not interested in acquisitions this year as it is in partnerships, Alibaba Executive Chairman Jack Ma said on Thursday."I am not interested in...
View ArticleNetflix Original: New shows drive blockbuster quarter
By Rishika Sadam(Reuters) - It pays to be original.Netflix Corp's surprisingly strong subscriber growth in the fourth quarter allayed concerns about the company's multi-billion dollar investment in...
View ArticleU.S. closing Tesla death probe, won't seek recall: source
By David ShepardsonWASHINGTON (Reuters) - U.S. regulators are expected on Thursday to close a six-month-old investigation into the death of a man whose Tesla collided with a truck while he was using...
View ArticleTelecoms company Avaya files for bankruptcy
WILMINGTON, Del (Reuters) - Telecommunications company Avaya Inc filed for Chapter 11 bankruptcy on Thursday to reduce its debt, but said it will not sell its call center business at this time.The...
View ArticleTech 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...
View ArticleImpact of job-stealing robots a growing concern at Davos
By Martinne Geller and Ben HirschlerDAVOS, 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...
View ArticleMore TV networks follow Netflix to binge-watching model
By Lisa RichwineLOS 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...
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