Cloud-based network provider Aryaka plans 2018 IPO, eyes $1 billion valuation
By Rishika Sadam(Reuters) - Aryaka, a provider of cloud-based private network for companies, plans to go public in 2018, aiming for a valuation of more than $1 billion, Chief Executive Shawn Farshchi...
View ArticleVerizon says Yahoo hack 'material,' could affect deal
By David ShepardsonWASHINGTON (Reuters) - Verizon Communications Inc said on Thursday it has a "reasonable basis" to believe Yahoo Inc's massive data breach of email accounts represents a material...
View ArticleDiscovery invests $100 million in digital media venture
By Jessica Toonkel(Reuters) - Discovery Communications , which owns networks like the Discovery Channel and Animal Planet, on Thursday became the latest TV company to invest in digital content in an...
View ArticleGoPro halts sale of HERO5 camera on Amazon
(Reuters) - Wearable camera maker GoPro Inc said on Thursday it temporarily stopped selling its latest HERO5 camera model on Amazon.com Inc in the United States as the company negotiates pricing with...
View ArticleSony to launch smartphone games in 2018: Nikkei
(Reuters) - Sony Corp plans to release five or more smartphone games around late March 2018, the Nikkei business daily said on Thursday.Sony Interactive Entertainment, Sony's video game development...
View ArticleToyota to hire 1,000 more employees at new U.S. headquarters in Texas
(Reuters) - Toyota Motor Corp <7203.T> on Thursday said it will hire 1,000 additional staff for its new U.S. base under construction in a Dallas suburb.Toyota's new 100-acre (40.5-hectare)...
View ArticleHyperloop One aims for full-scale test with new $50 million financing
(Reuters) - Los Angeles-based company Hyperloop One, which is developing technology for a futuristic transit system, said it had raised an additional $50 million as it prepares for a full-scale test of...
View ArticleDeere responds to Justice Department move to block acquisition
By Meredith Davis(Reuters) - Deere & Co said its proposal to buy Precision Planting, an agricultural equipment and technology company, will increase consumer choice and directly benefit growers, in...
View ArticleSaudi Arabia, SoftBank aim to be world's No. 1 tech investor with $100...
By Andrew Torchia and Thomas WilsonDUBAI/TOKYO (Reuters) - Saudi Arabia and Japan's SoftBank Group <9984.T> will create a technology investment fund that could grow as large as $100 billion,...
View ArticleSamsung flags $5.3 billion profit hit from Note 7 failure
By Hyunjoo Jin and Joyce LeeSEOUL (Reuters) - Samsung Electronics Co Ltd on Friday said it expected to take a hit to its operating profit of about $3 billion over the next two quarters due to the...
View ArticleChina's Li signals easing rules for car-hailing market
By Sijia JiangHONG KONG (Reuters) - Chinese Premier Li Keqiang has signaled a potential easing of strict regulations for the country's fast-growing car-hailing market, the official People's Daily said...
View ArticleInfosys cuts revenue outlook again as clients slow spending ahead of U.S....
By Sankalp Phartiyal and Anya George TharakanMUMBAI/BENGALURU (Reuters) - Infosys Ltd cut its annual revenue growth target for the second time in three months as India's software service exporters feel...
View ArticleIBM, Google, others to unveil new open interface to take on Intel
(Reuters) - Technology giants IBM Corp, Google and seven others have joined hands to launch an open specification that can boost datacenter server performance by up to ten times, to take on Intel...
View ArticleSoftware AG says signed major deal with Bosch
FRANKFURT (Reuters) - Software AG signed a major deal with German automotive supplier Robert Bosch [ROBG.UL] at the start of the fourth quarter instead of the end of the third quarter as it had hoped,...
View ArticleBritish banks keep cyber attacks under wraps to protect image
By Lawrence WhiteLONDON (Reuters) - Britain's banks are not reporting the full extent of cyber attacks to regulators for fear of punishment or bad publicity, bank executives and providers of security...
View ArticleGermany sends Tesla drivers Autopilot warning letter
BERLIN (Reuters) - Germany is warning owners of Tesla vehicles that the use of the Autopilot function in their electric cars requires the driver's unrestricted attention at all times.The Federal Motor...
View ArticleIn Samsung's town in Vietnam, workers confident of riding out Note 7 storm
By Mai NguyenTHAI NGUYEN, Vietnam (Reuters) - As Samsung Electronics <005930.KS> struggles to salvage its reputation after the safety problems that have beset its flagship Galaxy Note 7...
View ArticleAccused UK 'flash crash' trader to be extradited to U.S.
LONDON (Reuters) - A London-based trader accused of contributing to the 2010 Wall Street "flash crash" by placing bogus orders to spoof the market lost his legal bid to stop extradition on Friday and...
View ArticleLooming digital regulation has U.S. truck industry scrambling
By Nick CareyGREEN BAY, Wisc. (Reuters) - A new regulation that will force U.S. trucking companies to electronically log employee hours is designed to limit accidents by keeping tired drivers off the...
View ArticleEU's Vestager does not rule out action over Google scraping complaint
By Foo Yun CheeFLORENCE (Reuters) - The EU's antitrust regulator, who has accused Alphabet unit Google of stifling competition in three separate cases, left open the possibility of further action...
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