Sony reports second quarter operating profit plunge as quake impact lingers

TOKYO (Reuters) - Japan's Sony Corp on Tuesday reported a 48 percent decline in operating profit for the July-September quarter as earthquake damage continued to affect its cash-cow imaging sensor business.

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Sharp forecasts first annual operating profit in three years

TOKYO (Reuters) - Japan's Sharp Corp on Tuesday forecast its first annual operating profit in three years after its new owner, Taiwan's Foxconn, cut jobs and sold off loss-making television factories in the North America to trim costs.

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Alibaba's finance arm Ant says to expand in Asia first

HONG KONG (Reuters) - Ant Financial Services Group, the world's biggest financial technology company, plans to focus its expansion plans in Asia before looking to go more global, a senior official said on Tuesday at an event in Hong Kong.

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Panasonic shares plunge after heavy spending causes weaker outlook

TOKYO (Reuters) - Panasonic Corp shares plunged on Tuesday as investors reacted to a sharp downward revision of the electronics maker's profit forecast, brought about by heavy spending to build its automotive battery business.

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Samsung Electronics CEO says firm must learn from crisis

SEOUL (Reuters) - Samsung Electronics Co Ltd Chief Executive Kwon Oh-hyun on Tuesday said the South Korean tech giant must improve, as it reels from the costly withdrawal of its Galaxy Note 7 smartphone.

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Women executives left Yahoo amid layoffs, deal talk

(Reuters) - Women executives left Yahoo Inc at an unusually high rate after the U.S. technology company announced plans to sell itself earlier this year, but it was not immediately clear why, according to the company's 2016 diversity report, released on Monday.

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BlackBerry in software deal with Ford, first with an automaker

TORONTO/BOSTON (Reuters) - BlackBerry Ltd has signed a deal to work directly with Ford Motor Co to expand the carmaker's use of its QNX secure operating system, the Canadian technology company said on Monday, as Ford develops increasingly automated vehicles.

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Airbnb, New York in talks to resolve rental law lawsuit: source

NEW YORK (Reuters) - Airbnb and New York state are in discussions to resolve a lawsuit brought by the company against a law it said could expose it to significant penalties for advertising short-term apartment rentals, a person familiar with the matter said on Monday.

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Palantir wins combat data system case against US Army: Bloomberg

(Reuters) - A unit of Peter Thiel's Palantir Technologies Inc has got a second chance to bid for a contract to build the next phase of the U.S. Army's integrated combat data system, potentially worth hundreds of millions of dollars, Bloomberg reported on Monday.

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Network gear maker Brocade in advanced talks to sell itself: Bloomberg

(Reuters) - Network gear maker Brocade Communications Systems Inc is in advanced talks to sell itself, Bloomberg reported on Monday, citing people familiar with the matter.

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Controversial Chinese cybersecurity law enters home stretch for approval

BEIJING (Reuters) - A controversial Chinese cybersecurity law that has sparked protests from foreign governments and business groups neared approval on Monday as parliament held the third reading of the draft bill.

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Facebook says will remove fewer pictures, stories after Vietnam photo row

OSLO (Reuters) - Facebook will allow more content on its platform that it would have earlier removed because it violated its standards, a senior company executive said on Monday, following the controversy over the removal of an iconic Vietnam War photo.

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Alibaba reshuffles entertainment units, to raise 10 billion yuan fund

BEIJING (Reuters) - Alibaba Holdings Group Ltd. said on Monday it has reorganized its media and entertainment businesses to form one group headed by mobile business group head Yu Yongfu.

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