Toyota sees plug-in hybrids catching on faster than conventional hybrids
By Naomi TajitsuTOKYO (Reuters) - Toyota Motor Corp's chairman, who led the development of the Toyota Prius, expects the latest plug-in hybrid vehicles (PHVs) will catch on with consumers far more...
View ArticleVerizon close to Yahoo deal, price cut of $250-350 million: sources
By David Shepardson and Jessica Toonkel(Reuters) - Verizon Communications Inc is close to a revised deal to buy Yahoo Inc's core internet business for $250 million to $350 million less than the...
View ArticleFossil's smartwatch push seen eating into margins
(Reuters) - Fossil Group Inc's shares plunged 20 percent to an eight-year low on Wednesday after the watchmaker's grim full-year forecast indicated that the company's push into smartwatch business...
View ArticleSoftBank to buy Fortress Investment for $3.3 billion
By Thomas WilsonTOKYO (Reuters) - Japan's SoftBank Group Corp <9984.T> on Wednesday said it has agreed to buy Fortress Investment Group LLC for about $3.3 billion, looking to add investment...
View ArticleTripAdvisor revenue misses estimates, shares slip
(Reuters) - Travel review website TripAdvisor Inc reported lower-than-expected quarterly revenue, hurt by a fall in display advertisements on its websites and a drop in subscription revenue.Shares of...
View ArticleSpotify to relocate, more than double U.S workforce: New York state governor
STOCKHOLM (Reuters) - Swedish music streaming service Spotify will move its U.S headquarters and more than double its workforce in the country by next year, New York governor Andrew Cuomo said on...
View ArticleU.S. takes pastor, software developer to trial over bitcoin exchange
By Nate RaymondNEW YORK (Reuters) - A Florida software engineer and a New Jersey pastor engaged in lies and corruption to facilitate an illegal bitcoin exchange business whose operators wanted to take...
View ArticleSamsung chief questioned behind closed doors in arrest warrant hearing
By Joyce Lee and Hyunjoo JinSEOUL (Reuters) - A South Korean judge questioned Samsung Group leader Jay Y. Lee and another executive behind closed doors on Thursday to decide whether they should be...
View ArticleFormer U.S. Justice Department official warns Europe on election hacking
By Dustin VolzSAN FRANCISCO (Reuters) - A former Justice Department official who served in the Obama administration said European countries must be willing to respond forcefully to efforts by Russia or...
View ArticleLenovo third-quarter net profit falls 67 percent, blames weak macroeconomic...
By Sijia JiangHONG KONG (Reuters) - Lenovo Group Ltd <0992.HK>, the world's largest personal computer (PC) maker, on Thursday posted a 67 percent slide in third-quarter net profit, lagging...
View ArticleAtomico closes $765 million tech venture fund, Europe's biggest
By Eric AuchardFRANKFURT (Reuters) - Atomico, which has spent the past decade proving startups can prosper outside Silicon Valley, said on Thursday it had closed Europe's largest standalone tech...
View ArticleSnap lowers valuation expectations in highly awaited IPO
By Lauren Hirsch and Sruthi Shankar(Reuters) - Snap Inc , owner of the popular messaging app Snapchat, set a lower-than-expected valuation range on Thursday, amid mounting investor concern over its...
View ArticleIndia's Tata Motors, Microsoft ink technology collaboration deal
MUMBAI (Reuters) - Tata Motors Ltd and Microsoft India on Thursday announced a strategic collaboration on the technology front to make driving a more personalized experiences for the customers, the...
View ArticleSMBC head says will give Toshiba as much support as possible
TOKYO (Reuters) - Sumitomo Mitsui Banking Corp (SMBC), one of the main lenders to Toshiba Corp <6502.T>, will provide as much support as possible to the troubled Japanese firm, the bank's chief...
View ArticleInfineon warns of Wolfspeed deal collapse over U.S. security fears
By Harro Ten Wolde and Irene PreisingerMUNICH (Reuters) - Infineon signalled on Thursday that its $850 million purchase of Cree's Wolfspeed Power may collapse because of unspecified U.S. government...
View ArticleBlackstone acquires London-based cloud computing firm Cloudreach
LONDON (Reuters) - Blackstone, which has $100 billion in private equity assets under management, has acquired a majority stake in cloud computing business Cloudreach for an undisclosed sum, the...
View ArticleContainer shipping lines sign up with Alibaba to offer online booking
SHANGHAI (Reuters) - Two container shipping lines, France's CMA CGM and Israel's Zim, have signed up with Alibaba to allow customers to book space on their vessels through the Chinese e-commerce giant,...
View ArticleTelenor to roll out Google's new messaging service in Asia, Europe
(Reuters) - Alphabet Inc's Google said on Thursday it partnered with Telenor ASA to roll out Rich Communications Services (RCS), an upgraded messaging service, to the Norwegian telecoms company's...
View ArticleAuto union president: Organizing at Tesla depends on workers
By Joseph White(Reuters) - The president of the United Auto Workers union said on Thursday UAW organizers are in contact with workers at Silicon Valley electric car maker Tesla Inc , but said any...
View ArticleEU privacy watchdogs seek assurances on U.S. data transfer pact
By Julia FiorettiBRUSSELS (Reuters) - European Union data privacy watchdogs will seek assurances from U.S. authorities that a move by U.S. President Donald Trump to crack down on illegal immigration...
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