Reuters - Technology Report

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Monday, August 21, 2017

Taiwan's Foxconn to build three ancillary facilities as part of Wisconsin LCD campus

TAIPEI (Reuters) - Taiwanese electronics manufacturer Foxconn on Monday said it plans to build three facilities in the U.S. state of Wisconsin for operation as early as next year, as part of a campus housing a $10 billion liquid crystal display (LCD) factory due for 2020.

Uber hikes Hong Kong fees amid legal troubles

HONG KONG (Reuters) - Uber Technologies Inc on Monday hiked its Hong Kong fees by up to 80 percent after a review of its business there, the embattled ridesharing company said, adding it was not having issues financing its operations in the Asian financial hub.

AT&T considers sale of home security business: sources

(Reuters) - AT&T Inc is exploring options for its Digital Life home security business, including selling it, as it seeks to pay down debt following its planned $85.4 billion acquisition of Time Warner Inc , people familiar with the matter said.

Japan launches satellite for advanced GPS operation

TOKYO (Reuters) - Japan on Saturday launched an H-2A rocket carrying a geo-positioning satellite into orbit after a week-long delay, the government said.

BlackBerry rally derailed as investors lose patience on turnaround

TORONTO (Reuters) - BlackBerry Ltd shares have been plunging from their more than two-year high hit in June after lackluster earnings and competitive threats have raised doubts about prospects for a turnaround at the business software maker.

India's Infosys shares extend losses after CEO quit

MUMBAI (Reuters) - Shares of India's Infosys Ltd fell as much as 4.6 percent on Monday to a near three-year low, slumping for a second consecutive session, after brokerages including Nomura downgraded the stock following the resignation of its chief executive.

Formula One launches eSports world championship

LONDON (Reuters) - Formula One will crown its first virtual world champion at the season-ending Abu Dhabi Grand Prix after announcing on Monday the launch of an eSports series to run from September to November.

U.S. formally launches probe of China's intellectual property practices

WASHINGTON (Reuters) - The United States on Friday formally launched an investigation into China's alleged theft of U.S. intellectual property, a widely expected move following a call from President Donald Trump earlier this week to determine whether a probe was needed.

NuTonomy hopes for second-quarter 2018 launch of paid Singapore self-driving car rides

(This August 18 story is corrected after NuTonomy says unclear whether will partner with Grab for Singapore commercial service)

Nestle defends 'Kit Kat' campaign against Atari 'Breakout' lawsuit

(Reuters) - Nestle SA on Friday paddled back claims in a new lawsuit in which Atari SA accused the Swiss food company of pilfering its classic 1970s video game "Breakout" to help sell Kit Kat chocolate-covered wafer bars.