Technology

  • By Lawrence Delevingne NEW YORK (Reuters) - John Thaler, the tech, media and telecom stock specialist who shut down his hedge fund firm JAT Capital Management LP in 2015, is considering a return to managing other people's money, including launching a new hedge fund, two people familiar with the matter told Reuters. One …

  • U.S. senators accuse Yahoo of 'unacceptable' … Reuters - 2 hours 35 minutes ago
    File photo of a man walking past a Yahoo logo during the Mobile World Congress in Barcelona

    By Dustin Volz and Lisa Lambert WASHINGTON (Reuters) - Six U.S. senators on Tuesday demanded that Yahoo Inc explain why hackers' theft of user information for 500 million accounts two years ago came to light only last week and called the company's handling of the breach "unacceptable." The lawmakers, all Democrats, said …

  • New York financier Tilton arrives for an appeal hearing at the U.S. District courthouse in New York

    The U.S. Supreme Court on Tuesday rejected a request by Lynn Tilton, the New York financier accused by the Securities and Exchange Commission of defrauding investors, to put on hold an SEC enforcement action as she challenges the agency's in-house judicial proceeding against her. The court's action means that Tilton will …

  • A Nissan Leaf electric car is displayed at the North American International Auto Show in Detroit

    Electric car prototypes and plans are set to dominate the Paris auto show as the Volkswagen diesel scandal and falling battery costs persuade executives and investors that plug-in vehicles are ready to go mainstream. The expected flurry of announcements signals a threat to pioneers of the current generation …

  • Shimizu tries an Apple Watch Series 2 after it went on sale at the Apple Store at Tokyo's Omotesando shopping district

    (Reuters) - U.S. health insurer Aetna Inc said it would offer some customers discounts on Apple Inc's smartwatch, marking the first deal made by the tech giant with an insurer for its devices. Aetna, which has about 23 million members in the United States, will also give away the Apple Watch for free to its nearly 50,000 …

  • A 3D printed Whatsapp  logo is seen in front of a displayed Facebook logo in this illustration taken

    Facebook said it would appeal against an order by a German privacy regulator on Tuesday to stop collecting and storing data of German users of its messaging app WhatsApp and to delete all data that has already been forwarded to it. The Hamburg Commissioner for Data Protection and Freedom of Information said Facebook was …

  • (Adds Caesars Ent, Allianz, Bank of East Asia, PinnacleHealth, Vale SA) Sept 27 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday: ** Caesars Entertainment Corp said on Tuesday it has struck a crucial $5 billion deal with most of its casino operating unit's creditors, …

  • Actor Jennifer Lawrence arrives at a screening of X-Men Apocalypse at a cinema in London

    (Reuters) - An Illinois man pleaded guilty on Tuesday to hacking the e-mail accounts of high-profile female celebrities in a scandal linked to the online release of nude photos of Oscar-winning actress Jennifer Lawrence and others. Edward Majerczyk, 29, pleaded guilty in U.S. District Court in Chicago to one felony change …

  • A padlock is displayed at the Alert Logic booth during the 2016 Black Hat cyber-security conference in Las Vegas

    (Reuters) - An Illinois man pleaded guilty on Tuesday to hacking the e-mail accounts of high-profile female celebrities in a scandal linked to the online release of nude photos of Oscar-winning actress Jennifer Lawrence and others. Edward Majerczyk, 29, pleaded guilty in U.S. District Court in Chicago to one felony change …

  • Carlin, flanked by Comey, addresses a news conference to announce indictments on Iranian hackers at the Justice Department in Washington

    By Dustin Volz WASHINGTON (Reuters) - A senior U.S. Justice Department official who oversaw efforts to prosecute Islamic State sympathizers and pursue cyber criminals is leaving the Obama administration next month, he told Reuters on Tuesday. Assistant Attorney General John Carlin, chief of the national security division …

  • By Dan Levine and Deborah M. Todd SAN FRANCISCO (Reuters) - (This version of the Sept. 26 story, corrects paragraph 4 to show that Palantir issued a statement denying the allegations, which was contained in an earlier story, instead of that Palantir could not immediately be reached for comment, adds Palantir comment on …

  • Vivendi said it was considering filing an appeal to the U.S. Supreme Court after a court on Tuesday upheld a judgement against the French media giant in a long-running shareholder class action lawsuit accusing it of defrauding investors in the early 2000s. "Vivendi is analysing its options, both in seeking further review …

  • A padlock is displayed at the Alert Logic booth during the 2016 Black Hat cyber-security conference in Las Vegas

    The threat to companies and the broader financial market system from cyber attacks has jumped sharply as they become more frequent, complex and costly, the Canadian Securities Administrators, an umbrella group of the country's provincial and territorial securities regulators, said in a statement. The group said it will …

  • A woman passes a Samsung Note 7 advertisement in Singapore

    Samsung Electronics Co said on Tuesday it has got back around 60 percent of recalled Galaxy Note 7 smartphones sold in South Korea, the United States and Europe, suggesting it is making progress in its attempts to recover from the crisis. In a statement, Samsung said it was focused on replacing all affected devices "as …

  • By Tom Arnold DUBAI (Reuters) - Ride-hailing service Careem is targeting profitability next year or in 2018 and is in talks with potential investors about its latest fundraising plans, co-founder Mudassir Sheikha told Reuters on Tuesday. The company, which has a larger market share than rival Uber in most of the 32 cities …

  • An employee poses for photographs with Samsung Electronics' Galaxy Note 7 new smartphone at its store in Seoul

    Samsung Electronics Co <005930.KS> said on Tuesday it has got back around 60 percent of recalled Galaxy Note 7 smartphones sold in South Korea, the United States and Europe, suggesting it is making progress in its attempts to recover from the crisis. In a statement, Samsung said it was focused on replacing all affected …

  • A woman speaks on her mobile telephone outside an O2 shop in Loughborough

    By Pamela Barbaglia LONDON (Reuters) - Spain's Telefonica is looking to list about 30 percent of its British mobile unit O2 in what would be one of the biggest initial public offerings (IPOs) on the London market this year, sources told Reuters. Europe's biggest telecom group wants to use the relative market calm after …

  • Sept 27 (Reuters) - Finsoft Financial Investment HoldingsLtd * Company and vendor entered into sp agreement * Company has conditionally agreed to purchase and vendorhas conditionally agreed to sell sale shares * Deal for consideration of hk$35.5 million * Consideration to be satisfied by allotment and issue of186.5 million …

  • An UberEATS food delivery courier rides her scooter in London

    By Eric Auchard AMSTERDAM (Reuters) - Uber is making an aggressive drive into meal delivery, backed by a wave of staff recruitment, with the U.S. tech heavyweight gearing up to enter at least 22 new countries and take on local rivals. In a measure of rising ambition beyond its taxi business, Uber [UBER.UL] will begin …

  • * Saudi slumps 3.8 pct as civil service bonuses cut * Measures underline bleak outlook for govt spending * No share rises, roughly 30 pct drop daily limits * Insurers, retailers top declines * Kuwait banks gain after cbank says financial system stable By Celine Aswad DUBAI, Sept 27 (Reuters) - Saudi Arabia's stock index …

  • By Alan Baldwin LONDON, Sept 27 (Reuters) - Formula E founder and chief executive Alejandro Agag has dismissed media speculation that he could play a role in running Formula One after Liberty Media's takeover of the glamour sport. "If I was IndyCar or NASCAR, I would be worried," he said.

  • Sept 27 (Reuters) - Hc International Inc * Approved a share repurchase program pursuant to whichcompany will repurchase, from open market, shares of co * Repurchase program for consideration of not more thanhk$200 millionSource text for Eikon: Further company coverage:

  • Sept 27 (Reuters) - Fittec International Group Ltd : * Fittec-voluntary Announcement: Cooperation With ManchesterCity Football Club And Guangdong Tv In Relation To A FootballReality Show * Unit Guangzhou Bingxun Sports Development Company enteredinto a head of terms agreement with Manchester City FootballClub Ltd * Bingxun …

  • Sept 27 (Reuters) - Hangzhou Liaison Interactive InformationTechnology Co Ltd * Says it plans to buy 55.7 percent stake in e-commerceservice provider Newegg for $264.2 million via cash Source text in Chinese: http://bit.ly/2cShE40 Further company coverage: (Reporting by Hong Kong newsroom)

  • A logo of Swiss watchmaker Swatch is seen in Zurich

    Swiss watchmakers are pessimistic about the outlook for the industry, with the number of downbeat executives doubling since 2015 to 82 percent this year, a study by Deloitte showed on Tuesday. "Weaker foreign demand poses the key challenge at the moment – and the industry believes this will remain in the next twelve months," …

  • Sept 27 (Reuters) - Vodatel Network Holdings Ltd : * Vodatel Network-grant Of Options * Company has conditionally granted to consultants optionsto subscribe for a total of 61,380,000 shares * Company and consultants entered into consultant agreement * Subscription price of options is hk$0.305 per share * Consultants are …

  • Sept 27 (Reuters) - Xian LONGi Silicon Materials Corp * Says share trade to halt on September 28 pendingannouncement Source text in Chinese:http://bit.ly/2doh5UI Further company coverage: (Reporting by Hong Kong newsroom)

  • Time Out, best known for its listings magazines, said on Tuesday it was close to setting up its own food and drink markets in London and Porto, after the British firm's first such venture attracted more than a million visitors in Lisbon. Chief Executive Julio Bruno said revenue at Time Out Market Lisbon had more than doubled …

  • German car makers Audi, BMW and Daimler on Tuesday launched an alliance with mobile telecoms network equipment firms Ericsson, Huawei, Intel, Nokia and Qualcomm to accelerate development of the infrastructure needed for self-driving cars. The pact is another example of Germany's premium carmakers collaborating to build …

  • Man stands in front of a screen during a Google event in New Delhi

    Google, a unit of Alphabet Inc, said on Tuesday it launched Google Station in India, a service that aims to deepen its reach across the country, as the search giant seeks to bring more people on to its Google platform. Under the service, Google will roll-out Wi-Fi hot spots in places frequented by a large number of people, …

  • The logo of Microsoft is pictured in Issy-les-Moulineaux

    By Jemima Kelly LONDON (Reuters) - Microsoft and Bank of America Merrill Lynch have joined forces on a project to use blockchain technology to make trade finance transactions faster, cheaper, safer and more transparent, the companies said on Tuesday. The two multinationals said at the Sibos financial services conference …

  • A retail shop owner speaks on his mobile phone outside his closed shop shutters painted with an advertisement for Vodafone in Chennai

    By Devidutta Tripathy and Promit Mukherjee MUMBAI (Reuters) - Vodafone's $7.2 billion cash injection into its Indian business has turned up the heat just days ahead of an $84 billion airwave auction which could decide who wins and loses in one of the world's fastest-growing telecoms markets. India's telecoms sector is …

  • Sept 27 (Reuters) - Jiangsu Protruly Vision Technology GroupCo Ltd * Says it plans to invest up to 800 million yuan ($119.98million) to set up industry investment fund * Says it plans to acquire an internet firm in Shenzhen for390 million yuan Source text in Chinese: http://bit.ly/2dz5W2i;http://bit.ly/2dodfe6 Further company …

  • Sept 27 (Reuters) - ChineseAll Digital Publishing Group CoLtd * Says it signs framework agreement with Wanda Media on filmproductions Source text in Chinese: http://bit.ly/2cZRD4H Further company coverage: (Reporting by Hong Kong newsroom)

  • By Tova Cohen and Luke Baker RAMAT GAN, Israel (Reuters) - In early 2013, a young Israeli businessman registered a web domain in London for a company called NRGbinary.com. The online options trading website offered clients the opportunity to make large amounts of money from simple bets on the movement of financial markets, …

  • Kaeser, CEO of German industrial group Siemens, holds speech during opening of company's headquarters in Munich

    By Georgina Prodhan FRANKFURT (Reuters) - Siemens Chief Executive Joe Kaeser has signaled he wants to renew his contract when it runs out in 2018, a move welcomed by investors who have grown to trust the 59-year-old company veteran. Since then he has streamlined the German group to focus on its strengths in industrial …

  • Sept 27 (Reuters) - Wuhan P&S Information Technology Co Ltd * Says share trade to resume on September 28 Source text in Chinese: http://bit.ly/2doggGU Further company coverage: (Reporting by Hong Kong newsroom)

  • Sept 27 (Reuters) - Powertech Technology Inc * Says it orders machinery equipment for T$544.3 million ($17.38 million) from Ultratech SE ASIA Pte Ltd Source text for Eikon: Further company coverage: ($1 = 31.3240 Taiwan dollars) (Reporting by Hong Kong newsroom)

  • Sept 27 (Reuters) - Nokia Corp * says Nokia is expanding its partnership with ChinaUnicom for the high-end core router CR-B for three continuousyears * says China Unicom initially deployed the 7950 XRS intometro networks in six provinces and this year plans to scale outto an additional four Further company coverage: (Helsinki …

  • Sept 27 (Reuters) - Nokia Corp : * Says China Unicom expands partnership with Nokia for highcapacity metro core routers to cover 10 provincesSource text for Eikon: Further company coverage:

  • (Reuters) - AppLovin, a Palo Alto-based mobile marketing platform, said Chinese private equity firm Orient Hontai Capital had bought a majority stake in the company for $1.4 billion (1.07 billion pounds). CVCapital acted as financial advisor to AppLovin and Citi Orient Securities is the exclusive financial advisor to Orient …

  • A 3D-printed logo for Twitter is seen in this picture illustration

    By Liana B. Baker SAN FRANCISCO (Reuters) - With speculation mounting that Twitter Inc will soon have a new corporate owner, the 10-year-old social networking service - which has long struggled to define its core purpose -may end up heading in one of several distinctly different directions depending on who ends up paying …

  • Sept 27 (Reuters) - Shenzhen Huiding Technology Co Ltd * Says it sets IPO price at 19.42 yuan ($2.91) per share,aiming to raise 873.9 million yuan Source text in Chinese: http://bit.ly/2dnCy0b($1 = 6.6694 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

  • A woman walks past a China National Offshore Oil Corp (CNOOC) poster showing an offshore work platform, next to its headquarters in Beijing

    By Denny Thomas and Michelle Price HONG KONG (Reuters) - Business development managers at Chinese state-owned firms have been put on notice: mess up on M&A deals and you can be held personally liable - for life. Under new rules unveiled by China's State Council, or cabinet, last month, managers will be held accountable …

  • The entrance gate to The Walt Disney Co is pictured in Burbank

    (Reuters) - Walt Disney Co and Microsoft Corp joined a list of potential suitors for Twitter Inc , according to media reports on Monday. Twitter shares were marginally down at $23.33 in after-market trading. The microblogging service has reportedly started talks with a number of technology companies to sell itself, …

  • By Larry Fine CHASKA, Minnesota, Sept 26 (Reuters) - The earthy, endearing and gifted Arnold Palmer left a brilliant legacy in golf but he transcended the links, launching an era of sports stars as high paid pitchmen and pioneering in sports media. "Something of a pop hero," Bob Dorfman, creative director at San Francisco's …

  • Job ads show Uber expanding meal deliveries in 24  … Reuters - Tue, Sep 27, 2016 7:10 AM SGT
    An illustration picture shows the logo of car-sharing service app Uber on a smartphone next to the picture of an official German taxi sign

    By Eric Auchard LONDON (Reuters) - Uber [UBER.UL] is making a broad international push into meal delivery, with fresh hiring and aggressive marketing as it prepares to take on local rivals in dozens of countries. In a sign of growing ambition beyond its taxi business, Uber is gearing up to deliver meals in Amsterdam this …

  • Hong Kong small-caps: ready for China fever? Reuters - Tue, Sep 27, 2016 7:00 AM SGT

    * Chinese may make up 1/3 of HK trading turnover in 3 years * Chinese small-caps 4-5 times dearer than HK peers * Chinese inflows driven by yuan fears, yield hunt * Potential for culture clash, but likely to converge By Samuel Shen and John Ruwitch SHANGHAI, Sept 27 (Reuters) - Chasing higher returns in a slowing economy, …

  • High stakes for India's $84 bln airwave auction … Reuters - Tue, Sep 27, 2016 7:00 AM SGT

    * India's biggest telecoms spectrum auction starts Oct. 1 * Vodafone has recently injected $7.2 bln into India unit * Reliance Jio entry has intensified local competition By Devidutta Tripathy and Promit Mukherjee MUMBAI, Sept 27 (Reuters) - Vodafone's $7.2 billion cash injection into its Indian business has turned …

  • BRIEF-Kingwell Group unit enters into retail sale and … Reuters - Tue, Sep 27, 2016 6:43 AM SGT

    Sept 27 (Reuters) - Kingwell Group-discloseable TransactionsDisposal Of Properties : * Unit entered into retail sale and purchase agreement andhotel sale and purchase agreement with purchaser * Deal for RMB39.4 million * Purchaser is Anlu City Shenmao Property Management LimitedSource text for Eikon: Further company co …

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