TAIPEI (Reuters) - Taiwanese regulators have cleared Foxconn's $3.5 billion acquisition of Sharp Corp., paving the way for the world's largest electronics manufacturer and major Apple Inc supplier to begin the task of trying to turn around the Japanese display maker in the face of slowing smartphone sales.
from Reuters: Technology News http://ift.tt/1TWDLXl
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Tuesday, May 31, 2016
Trail in Ecuador cyberheist leads to gamers’ crash pad in Hong Kong
HONG KONG/CHICAGO (Reuters) - The paper trail left behind by $2 million stolen from a hacked Ecuadorian bank runs cold in a windowless gamers’ crash pad in a gritty industrial area of Hong Kong.
from Reuters: Technology News http://ift.tt/1VuTE9N
from Reuters: Technology News http://ift.tt/1VuTE9N
Toyota in talks to buy robotics divisions from Alphabet - Nikkei
TOKYO (Reuters) - Toyota Motor Corp is in talks to buy two robotics divisions from Google parent Alphabet Inc, the Nikkei reported on Wednesday.
from Reuters: Technology News http://ift.tt/1TPxWxZ
from Reuters: Technology News http://ift.tt/1TPxWxZ
Apple plans to sell $1 billion of 30-year bonds in Taiwan - sources
TAIPEI (Reuters) - Apple Inc for the first time is planning to issue bonds in Taiwan, home to its supply chain, with the goal of raising $1 billion in funds, sources familiar with the matter told Reuters Wednesday.
from Reuters: Technology News http://ift.tt/1sKu0Cm
from Reuters: Technology News http://ift.tt/1sKu0Cm
U.S. chipmaker AMD expected to return to operating profit in second half: CEO
TAIPEI (Reuters) - Advanced Micro Device Inc expects to return to operating profitability in the second half of this year, Chief Executive Lisa Su said Wednesday.
from Reuters: Technology News http://ift.tt/1XemsW2
from Reuters: Technology News http://ift.tt/1XemsW2
Microsoft sells patents to Xiaomi, builds 'long-term partnership'
SINGAPORE (Reuters) - Software maker Microsoft Corp is selling about 1,500 of its patents to Chinese device maker Xiaomi [XTC.UL], a rare departure for the U.S. company and part of what the two companies say is the start of a long-term partnership.
from Reuters: Technology News http://ift.tt/1sJPkba
from Reuters: Technology News http://ift.tt/1sJPkba
Softbank to sell $7.9 billion of Alibaba shares
(Reuters) - Softbank Group Corp said it will sell at least $7.9 billion of shares in Chinese ecommerce giant Alibaba Group Holding Ltd as it looks to raise capital.
from Reuters: Technology News http://ift.tt/22wmesl
from Reuters: Technology News http://ift.tt/22wmesl
Deloitte agrees to pay $11 million for alleged false claims: U.S. Justice Dept.
WASHINGTON (Reuters) - Deloitte Consulting LLP has agreed to pay $11.38 million to resolve allegations it submitted false claims under a U.S. government contract, the U.S. Justice Department said on Tuesday.
from Reuters: Technology News http://ift.tt/1WXujqa
from Reuters: Technology News http://ift.tt/1WXujqa
EU cautions governments against banning Uber, Airbnb
BRUSSELS/LONDON (Reuters) - European Union governments should not ban services like home-rental site Airbnb or ride-hailing app Uber except as a last resort, the EU says in new guidelines, seeking to rein in a crackdown on the "sharing economy".
from Reuters: Technology News http://ift.tt/1WvbKJY
from Reuters: Technology News http://ift.tt/1WvbKJY
U.S. court says no warrant needed for cellphone location data
WASHINGTON (Reuters) - Police do not need a warrant to obtain a person's cellphone location data held by wireless carriers, a U.S. appeals court ruled on Tuesday, dealing a setback to privacy advocates.
from Reuters: Technology News http://ift.tt/1PgG1K0
from Reuters: Technology News http://ift.tt/1PgG1K0
German government agrees on law paving way for more public Wi-Fi
BERLIN (Reuters) - Germany's ruling coalition has agreed on a new draft law designed to remove all legal risks associated with providing free Wi-Fi to the public, government sources told Reuters on Tuesday.
from Reuters: Technology News http://ift.tt/1P1ABgC
from Reuters: Technology News http://ift.tt/1P1ABgC
Court rules Dell's $24.9 billion buyout priced 22 percent below fair value
WILMINGTON, Del (Reuters) - Michael Dell and Silver Lake Partners underpriced their 2013 $24.9 billion buyout of Dell Inc [DI.UL] by about 22 percent and may have to pay tens of millions to investors who opposed the deal for the computer maker, a Delaware judge ruled on Tuesday.
from Reuters: Technology News http://ift.tt/1sYUaSw
from Reuters: Technology News http://ift.tt/1sYUaSw
Russian watchdog again puts off decision on Google fine
MOSCOW (Reuters) - Russia's state competition watchdog has again postponed a decision on a possible fine on Alphabet Inc's Google, the agency said on Tuesday.
from Reuters: Technology News http://ift.tt/1TOLda8
from Reuters: Technology News http://ift.tt/1TOLda8
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