Technology

  • Actors Michelle Williams and Casey Affleck pose for photographers at a Gala screening of their film "Manchester by the Sea" at the 60th BFI London Film Festival in London

    By Piya Sinha-Roy PARK CITY, Utah (Reuters) - After revolutionizing television with bold, award-winning original content, streaming networks are on the cusp of their first potential Oscar wins, and are back at the Sundance film festival looking for more awards-worthy fare. Amazon.com Inc raised eyebrows when it paid …

  • The sign at Avaya Inc. offices and lab in Westminster, Colorado is seen

    A U.S. bankruptcy court judge granted Avaya Inc approval on Friday to tap $425 million of the $725 million loan proposed to carry the telecommunications company through its restructuring, funds the company said were essential to continue operations. Avaya filed for Chapter 11 bankruptcy protection on Thursday to cut its …

  • Actors Michelle Williams and Casey Affleck pose for photographers at a Gala screening of their film "Manchester by the Sea" at the 60th BFI London Film Festival in London

    By Piya Sinha-Roy PARK CITY, Utah (Reuters) - After revolutionizing television with bold, award-winning original content, streaming networks are on the cusp of their first potential Oscar wins, and are back at the Sundance film festival looking for more awards-worthy fare. Amazon.com Inc raised eyebrows when it paid $10 …

  • People line up at an Apple store shortly before it opens in Beijing

    Apple Inc filed a $1 billion lawsuit against supplier Qualcomm Inc on Friday, following a U.S. government lawsuit which accused the chip maker of using anti-competitive tactics to maintain its monopoly of a key semiconductor in mobile phones. Qualcomm is a major supplier to both Apple and Samsung for "modem" chips that …

  • Aviation electronics maker Rockwell Collins Inc's defense business is "really busy right now," reflecting a new emphasis on defense spending, Chief Executive Officer Kelly Ortberg said on Friday. The Cedar Rapids, Iowa-based company is bidding on more defense program contracts "and the scope of the programs is larger," …

  • A photo illustration shows the Uber app logo displayed on a mobile telephone, as it is held up for a posed photograph in central London

    By Heather Somerville SAN FRANCISCO (Reuters) - Ride-hailing company Uber Technologies Inc [UBER.UL] has hired the man behind Google search to work closely with Chief Executive Travis Kalanick and help grow the company's self-driving car program. Amit Singhal announced on his personal blog on Friday that he will join …

  • A photo illustration shows the Uber app logo displayed on a mobile telephone, as it is held up for a posed photograph in central London

    Ride-hailing company Uber Technologies Inc [UBER.UL] has hired the man behind Google search to work closely with Chief Executive Travis Kalanick and help grow the company's self-driving car program. Amit Singhal announced on his personal blog on Friday that he will join Uber after 15 years at Alphabet Inc , where …

  • The General Electric logo is pictured on the General Electric offshore wind turbine plant in Montoir-de-Bretagne

    General Electric Co is seeking a sharp cut in corporate tax rates under President Donald Trump but is bracing for U.S. sales of medical equipment to suffer if Congress delays changing U.S. healthcare laws. "From a GE perspective, at a minimum, we need to have a corporate tax system where the rate of taxation is commensurate …

  • Federal Communications Commission commissioner Ajit Pai speaks at a FCC Net Neutrality hearing in Washington

    WASHINGTON (Reuters) - President Donald Trump will name Ajit Pai, a Republican member of the Federal Communications Commission, to lead the agency, Bloomberg News reported on Friday, citing a person familiar with the transition. Pai has dissented from the decisions of Democrats on the FCC that supported net neutrality provisions …

  • (Adds Walgreens, Toshiba, Vivendi and Cadillac Fairview) Jan 20 (Reuters) - The following bids, mergers, acquisitionsand disposals were reported by 2030 GMT on Friday: ** The U.S. Federal Trade Commission is not satisfied withWalgreens Boots Alliance Inc's plan to divest stores towin antitrust clearance for its acquisition …

  • FILE PHOTO - An employee stands next to a logo of Toshiba Corp during a demonstration of the company's new four-legged robot, at the company's Yokohama complex in Yokohama, south of Tokyo

    By Kentaro Hamada and Makiko Yamazaki TOKYO (Reuters) - Japan's Toshiba Corp <6502.T> has begun preparations to sell a minority stake in its core chip business, people with knowledge of the matter said, as it urgently seeks funding to avoid being crippled by an upcoming multibillion-dollar writedown. The industrial conglomerate …

  • FILE PHOTO - Workers prepare the new year's eve numerals above a Toshiba sign in Times Square in Manhattan, New York City, U.S.

    By Kentaro Hamada and Makiko Yamazaki TOKYO (Reuters) - Japan's Toshiba Corp <6502.T> has begun preparations to sell a minority stake in its core chip business, people with knowledge of the matter said, as it urgently seeks funding to avoid being crippled by an upcoming multibillion-dollar writedown. The industrial conglomerate …

  • FILE PHOTO -  Workers prepare the New Year's eve numerals above a Toshiba sign in Times Square Manhattan, New York City

    By Kentaro Hamada and Makiko Yamazaki TOKYO (Reuters) - Japan's Toshiba Corp has begun preparations to sell a minority stake in its core chip business, people with knowledge of the matter said, as it urgently seeks funding to avoid being crippled by an upcoming multibillion-dollar writedown. The industrial conglomerate …

  • The ticker and logo for General Electric Co. is displayed on a screen at the post where it's traded on the floor of the NYSE

    "From a GE perspective, at a minimum, we need to have a corporate tax system where the rate of taxation is commensurate with the OECD average of 21 or 22 percent," down from 35 percent, GE Chief Financial Officer Jeff Bornstein told Reuters, referring to the Organization for Economic Cooperation and Development. The comments …

  • The Apple Inc. store is seen on the day of the new iPhone 7 smartphone launch in Los Angeles

    Canada's business competition watchdog said on Friday it had reached an agreement with Apple Inc and three major e-book publishers that will allow retailers to offer discounts to customers. The Competition Bureau's investigation found that an arrangement between the publishers and Apple led to higher prices for Canadians. …

  • An AT&T sign is seen outside a branch in Rolling Meadows

    AT&T Inc said it added more than 200,000 paying subscribers to DirecTV Now in what industry observers called a strong launch of the streaming television service introduced in November. The wireless carrier also said it would record a pretax loss of about $1 billion in the fourth quarter after lowering the assumed discount …

  • File photo of Wheeler testifying before a Senate Appropriations Subcommittee hearing in Washington

    By David Shepardson WASHINGTON (Reuters) - Outgoing U.S. Federal Communications Commission Chairman Tom Wheeler warned Republicans against dismantling the Obama administration's landmark "net neutrality" protections that bar internet service providers from slowing consumer access to web content. Wheeler, in an interview …

  • Mark Zuckerberg gestures while addressing the audience during a meeting of the APEC CEO Summit in Lima

    By Paola Totaro LONDON (Thomson Reuters Foundation) - Facebook co-founder Mark Zuckerberg has launched a raft of lawsuits that could see the U.S. billionaire secure full ownership of his island hideaway from local Hawaiian families who retain rights over the land dating back generations. Documents filed on Dec. 30 in …

  • Amazon's Dash button goes online Reuters - 16 hours ago
    File photo of Amazon.com's logo at Amazon Japan's office building in Tokyo

    (Reuters) - Amazon.com Inc has put its popular Dash button on its website and mobile app, making it easier for shoppers to buy their favorite items such as peanut butter, detergent and paper towels. The online retailer launched its thumb-sized Dash button in 2015, allowing Prime members to re-order products such as Tide …

  • Amazon's Dash button goes online Reuters - 16 hours ago

    (Reuters) - Amazon.com Inc has put its popular Dash button on its website and mobile app, making it easier for shoppers to buy their favorite items such as peanut butter, detergent and paper towels. The online retailer launched its thumb-sized Dash button in 2015, allowing Prime members to re-order products such as Tide …

  • Jan 20 (Reuters) - National Arts Entertainment And CultureGroup Ltd * Entered PRC subscription agreements with PRC subscribersto issue 388 million subscription shares at PRC subscriptionprice * Entered shareholder subscription deal with Sin, pursuantto which co has alloted aggregate of 112.1 million sharesSource text for …

  • Jan 20 (Reuters) - China Ocean Fishing Holdings Ltd * Jinyutang entered into joint venture agreement for settingup JV company in Cambodia with Khmer * JV company for purpose of investing in fishing activitiesin cambodian coastal area, aquatic processSource text for Eikon: Further company coverage:

  • Logo of Amaya seen in Montreal

    (Reuters) - Canada's Amaya Inc raised its 2016 adjusted profit forecast, citing better-than-expected results in the fourth quarter ended Dec. 31, helped by its casino games and a successful relaunch in Portugal. The gambling website operator now expects 2016 adjusted profit of $364 million-$374 million, higher than its …

  • Jan 20 (Reuters) - On Real International Holdings Ltd * Co and Veivo Technology Ltd entered into strategicalliance agreement in relation to future possible commercialcollaborationsSource text for Eikon: Further company coverage:

  • Jan 20 (Reuters) - ZTE Corp * Unisplendour acquires 3.65 million H-shares in ZTE at anaverage price of HK$12.006 a share on Jan 16 - HKEx filing * Unisplendour's long position in ZTE raises to 9.47 percentfrom 8.99 percent previously, after the transaction - HKExfiling Source text in English: http://bit.ly/2jGFohY Further …

  • Jan 20 (Reuters) - Tpv Technology Ltd * Top Victory entered into procurement agreement with GceYike * Deal in relation to Top Victory Group's procurement ofproducts from Gce Yike GroupSource text for Eikon: Further company coverage:

  • Jan 20 (Reuters) - Baofeng Group Co Ltd * Says it adjusts share private placement, to raise up to1.8 billion yuan ($261.82 million) from up to 2 billion yuanpreviously Source text in Chinese: http://bit.ly/2jfGE8z Further company coverage: ($1 = 6.8750 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

  • Jan 20 (Reuters) - Jiangsu Hoperun Software Co Ltd * Says it adjusts private placement of shares, to raise upto 805.1 million yuan ($117.11 million) from up to 1.36 billionyuan previously Source text in Chinese: http://bit.ly/2k89g3u Further company coverage: ($1 = 6.8750 Chinese yuan renminbi) (Reporting by Hong Kong  …

  • Jan 20 (Reuters) - China Film Co Ltd * Says it plans cooperation with Universal Studios Ltd on"fast and furious 8" project with investment of $15 million * Says unit plans to acquire 15 percent stake in France'sYMAGIS for up to 100 million yuan ($14.55 million) Source text in Chinese: http://bit.ly/2iIW0pI …

  • Jan 20 (Reuters) - Esun Holdings Ltd * Company entered into placing agreement * To place up to 248.6 million new shares to not less thansix independent placees at placing price of HK$0.620 per placingshare.Source text for Eikon: Further company coverage:

  • Jan 20 (Reuters) - Shenzhen Huiding Technology Co Ltd * Says it expects 2016 net profit to rise about 126 percenty/y versus net profit of 378.4 million yuan ($55.04 million)year ago Source text in Chinese: http://bit.ly/2jTUq1a Further company coverage: ($1 = 6.8750 Chinese yuan renminbi) (Reporting by Beijing newsroom …

  • Jan 20 (Reuters) - Sichuan Changhong Electric Co Ltd * Says it expects to return to net profit of 530-590 millionyuan ($77.09-$85.82 million) in 2016 versus net loss of 2.0billion yuan year ago Source text in Chinese: http://bit.ly/2k7OuRE Further company coverage: ($1 = 6.8750 Chinese yuan renminbi) (Reporting by Hong …

  • Employees of German electronics retailer Media-Saturn switch on television in their European state-of-the-art store in Ingolstadt

    Media Saturn, Europe's biggest consumer electronics group, is trialling a new service at its Media Markt unit to allow customers to rent devices such as drones or virtual reality headsets, in a bid to tempt customers to try out new products. Media Saturn, part of retailer Metro, reported sluggish Christmas sales, hurt …

  • Employees of German electronics retailer Media-Saturn switch on television in their European state-of-the-art store in Ingolstadt

    Media Saturn, Europe's biggest consumer electronics group, is trialing a new service at its Media Markt unit to allow customers to rent devices such as drones or virtual reality headsets, in a bid to tempt customers to try out new products. Media Saturn, part of retailer Metro, reported sluggish Christmas sales, hurt by …

  • FILE PHOTO: People are silhouetted as they pose with mobile devices in front of a screen projected with a Samsung logo, in this illustration picture

    A Japanese electronics trading house said Samsung Electronics Co has filed a request for arbitration with the International Chamber of Commerce (ICC) over an LCD panel maker's decision to stop supplies to the South Korean company. In a statement, Kuroda Electric Co said Samsung filed the request for ICC arbitration in …

  • By J.R. Wu TAIPEI (Reuters) - Taiwan's December export orders grew for a fifth straight month but slower than forecast, raising some concerns that demand for its tech shipments will cool after the year-end holiday season. The island's manufacturers are wary about U.S. trade policy as Donald Trump prepares to be sworn …

  • Jan 20 (Reuters) - Topsearch International (Holdings) Ltd : * For year ended 31 December 2016 profit attributable foryear end will record an increase of not less than 8 times * Expected result primarily attributable to significantincrease in investment incomeSource text for Eikon: Further company coverage:

  • Employees walk past a building of Samsung Electronics in Seoul

    By Se Young Lee SEOUL (Reuters) - South Korea's special prosecutor's office said on Friday it summoned a Samsung Electronics Co Ltd executive for questioning as it investigates a widening influence-peddling scandal that has embroiled President Park Geun-hye. The office said it had summoned Executive Vice President Hwang …

  • FILE PHOTO - A man walks behind a logo of Samsung Electronics at the company's headquarters in Seoul

    South Korea's special prosecutor's office said on Friday it summoned a Samsung Electronics Co Ltd executive for questioning as it investigates a widening influence-peddling scandal that has embroiled President Park Geun-hye. The office said it had summoned Executive Vice President Hwang Sung-soo for questioning at 2 p.m. …

  • File photo of Samsung Electronics logo at its headquarters in Seoul

    By Se Young Lee SEOUL (Reuters) - South Korea's special prosecutor's office said on Friday it summoned a Samsung Electronics Co Ltd executive for questioning as it investigates a widening influence-peddling scandal that has embroiled President Park Geun-hye. The office said it had summoned Executive Vice President Hwang …

  • Jan 20 (Reuters) - Elec & Eltek International Company * Expected to record a turnaround of a net profit of overapproximately US$10 million for year ended 31 December 2016 * Expected results due to increased sales proportion ofhigher profit margin productsSource text for Eikon: Further company coverage:

  • Jan 20 (Reuters) - Digital China Holdings Ltd : * For FY expects that profit attributable would be in rangeof approximately HK$370 million to HK$410 million * Expected results due to increases of loan interest rates,size of loan facilities resulting in increase of finance costsof about HK$125 millionSource text for Eikon: …

  • Pedestrians walk past an Aviva logo outside the company's head office in the city of London

    By Noor Zainab Hussain and Carolyn Cohn LONDON (Reuters) - China's Tencent Holdings <0700.HK> and hedge fund Hillhouse Capital, headed by billionaire Zhang Lei, are taking stakes in British insurer Aviva's Hong Kong business, the insurer said on Friday. Aviva has been refocusing on online insurance products, and on cross-selling …

  • Jan 20 (Reuters) - China Bio Cassava Holdings Ltd * Fortune Credit as lender and customer A as borrowerentered into facility letter * Fortune credit has agreed to grant loan in amount ofHK$2.7 million to customer ASource text for Eikon: Further company coverage:

  • (Releads, adds detail, share price) By Noor Zainab Hussain and Carolyn Cohn LONDON, Jan 20 (Reuters) - China's Tencent Holdings and hedge fund Hillhouse Capital, headed by billionaire Zhang Lei, are taking stakes in British insurer Aviva's Hong Kong business, the insurer said on Friday. Aviva has been refocusing on …

  • Spain has arrested a 32-year-old Russian computer programmer at Barcelona airport who is alleged to have designed and used software to steal bank account details from banks and individuals, Spanish police said on Friday. Working with the U.S. Federal Bureau of Investigation (FBI), the man, named Lisov, was arrested by …

  • Spain has arrested a 32-year-old Russian computer programmer at Barcelona airport who is alleged to have designed and used software to steal bank account details from banks and individuals, Spanish police said on Friday. Working with the U.S. Federal Bureau of Investigation (FBI), the man, named Lisov, was arrested by …

  • British insurer Aviva said it had joined up with investment management firm Hillhouse Capital and Chinese internet services giant Tencent Holdings to start a digital insurance focused company in Hong Kong. As part of the deal, Hillhouse and Tencent will acquire shares in Aviva Hong Kong, the insurer said on Friday.

  • Jan 20 (Reuters) - Capinfo Co Ltd : * Lu Lei resigned as executive director * Lin Yankun and Yu Donghui were appointed as executivedirectorsSource text for Eikon: Further company coverage:

  • Jan 20 (Reuters) - Changhong Jiahua Holdings Ltd * Is expected to record an increase in its consolidatedprofit for year ended 31 December 2016 * Expected profit attributable for year ended 31 December2016 will not be less than 170 percent of corresponding period * Expected results due to improvement of operationalefficiency …

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