Tech billionaire Thiel backing wrestler Hogan's Gawker lawsuit: Forbes
SAN FRANCISCO (Reuters) - Billionaire investor Peter Thiel is helping wrestler Hulk Hogan bankroll his lawsuit against Gawker Media, according to a report in Forbes.Hogan, whose real name is Terry...
View ArticleFoxconn says won't sell Sharp's solar power business
TOKYO (Reuters) - Taiwan's Foxconn said on Wednesday it will not sell Sharp Corp's <6753.T> solar power business, amid concerns from business partners over a possible closure of the struggling...
View ArticleOpera Software shareholders back Chinese takeover bid
By Joachim DagenborgOSLO (Reuters) - More than 90 percent of Norwegian online browser and advertising company Opera Software's shareholders have backed a Chinese consortium's $1.24 billion takeover...
View ArticleMachine learning radiology startup Zebra raises $12 million
TEL AVIV (Reuters) - Israel's Zebra Medical Vision raised $12 million in a funding round led by Utah-based healthcare provider Intermountain Healthcare, with the participation of existing...
View ArticleSamsung Elec says launching iris-recognition tablets in India
SEOUL (Reuters) - South Korean tech giant Samsung Electronics Co <005930.KS> said on Wednesday that it is launching a new tablet device in India for government and enterprise use equipped with...
View ArticleDeutsche Telekom sees results of U.S. wireless spectrum auction in second half
COLOGNE, Germany (Reuters) - Deutsche Telekom expects the results of an auction of wireless airwaves in the United States in the second half of the year, its chief executive told shareholders on...
View ArticleSouth Africa central bank urges vigilance after Standard Bank hit by ATM...
By Nqobile DludlaJOHANNESBURG (Reuters) - South Africa's central bank told lenders to be vigilant on Wednesday after criminals in Japan stole millions of dollars from automatic teller machines using...
View ArticleAdidas to return mass shoe production to Germany in 2017
By Jörn PoltzANSBACH, Germany (Reuters) - Adidas will launch mass production of running shoes at a German factory operated largely by robots next year and plans to open a similar plant in the United...
View ArticleMicrosoft to cut 1,850 jobs at struggling smartphone unit
By Jussi Rosendahl and Tuomas ForsellHELSINKI/SAN FRANCISCO (Reuters) - Microsoft Corp announced more big cuts to its smartphone business on Wednesday, just two years after it bought handset maker...
View ArticleAustria's FACC, hit by cyber fraud, fires CEO
VIENNA (Reuters) - The head of Austrian aerospace parts maker FACC has been fired after the company was hit by a cyber fraud that cost it 42 million euros ($47 million).The firm's supervisory board...
View ArticleEU seeks to make it easier to buy online from other countries
By Julia FiorettiBRUSSELS (Reuters) - Online retailers would be banned from stopping a customer in one EU country buying from a website based in another, under a proposal issued on Wednesday to make it...
View ArticleEU to pursue checks on web platform deals with businesses
By Julia FiorettiBRUSSELS (Reuters) - The European Commission will check on whether it should do more to curb possible unfair practices in the terms of use set by web platforms such as Google, Amazon...
View ArticleSappeers.com shares surge on debut day
(Reuters) - Warsaw-based provider of SAP systems services, Sappeers.com, has debuted on Poland’s alternative NewConnect market at 115 percent above the reference price of 3.35 zlotys per share,...
View ArticleSEC probes Alibaba accounting methods, shares dive
(Reuters) - U.S. regulators are investigating Alibaba Group Holding Ltd's accounting practices to determine whether they violated federal laws, the Chinese e-commerce giant said, sending its shares...
View ArticleBMW invests in California-based carpooling app Scoop
By Paul Lienert and Joseph WhiteDETROIT (Reuters) - German luxury car maker BMW AG on Wednesday said its BMW iVentures venture capital arm has invested an undisclosed amount in California-based Scoop...
View ArticleExclusive: Apple explores charging stations for electric vehicles
By Julia Love and Alexandria SageSAN FRANCISCO (Reuters) - Apple Inc is investigating how to charge electric cars, talking to charging station companies and hiring engineers with expertise in the area,...
View ArticleIrish privacy watchdog refers Facebook's U.S. data transfers to EU court
By Julia Fioretti and Conor HumphriesBRUSSELS/DUBLIN (Reuters) - Data transfers to the United States by companies such as Facebook and Google face a renewed legal threat after the Irish privacy...
View ArticleGoogle self-driving car unit will open engineering center in Michigan
By Joseph White(Reuters) - Alphabet Inc's Google self-driving car project said Wednesday it will launch this year a new technology development center in suburban Detroit. The Mountain View, Calif....
View ArticleIndia says Apple must sell locally-sourced goods to set up stores: source
NEW DELHI (Reuters) - India has said Apple Inc must meet a rule obliging foreign retailers to sell at least 30 percent locally-sourced goods if it wishes to open stores in the country, a senior...
View ArticleCourt strikes down U.S. FCC broadcaster sales rules
By David ShepardsonWASHINGTON (Reuters) - A U.S. federal appeals court on Wednesday struck down regulations aimed at cracking down on joint sales agreements by local broadcasters, saying an overall...
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