Reuters - Technology Report

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Monday, November 20, 2017

Bipartisan Harvard panel recommends hacking safeguards for elections

SAN FRANCISCO (Reuters) - A bipartisan Harvard University project aimed at protecting elections from hacking and propaganda will release its first set of recommendations today on how U.S. elections can be defended from hacking attacks.

Exclusive: Qualcomm set to win conditional Japanese antitrust okay for NXP deal - source

BRUSSELS (Reuters) - U.S. smartphone chipmaker Qualcomm is set to win “imminent” Japanese antitrust clearance for its $38-billion bid for NXP Semiconductors and gain Europe’s approval by the end of the year with slight tweaks to its concessions, a person familiar with the matter said.

Toshiba gains breathing room with $5.4 billion share issue to overseas investors

TOKYO/HONG KONG (Reuters) - Toshiba Corp's planned $5.4 billion new share issue to overseas investors is set to provide it with most of the funds it needs to avoid a delisting - a quickly arranged deal that underscores both the weakness of its finances and the allure of its chips unit.

IBM could be set for gains after long slump: Barron's

NEW YORK (Reuters) - International Business Machines Corp could be the next blue-chip company with a rising valuation, according to a report in financial publication Barron's.

Marvell Technology clinches roughly $6 billion deal to buy Cavium: sources

(Reuters) - Chipmaker Marvell Technology Group Ltd has agreed to acquire smaller peer Cavium Inc for around $6 billion, as it seeks to expand in the networking equipment sector, people familiar with the matter said on Sunday.

Tesla's unfettered ambition will drain finances: analysts

(Reuters) - Tesla Inc may have to ask creditors and shareholders for more capital to fund development of an electric semi truck, a new roadster and accelerated production of a high-volume electric sedan, analysts said on Friday.

Verizon close to announcing digital streaming deal with NFL: Bloomberg

(Reuters) - Verizon Communications Inc, no. 1 U.S. wireless carrier, is close to a new deal with the National Football League for digital streaming rights, Bloomberg reported, citing people familiar with the matter.

Driverless cars set for UK budget boost: finance ministry

LONDON (Reuters) - British finance minister Philip Hammond's budget statement this week will include measures to encourage the development of driverless and electric cars, artificial intelligence and telecommunications, the finance ministry said on Sunday.

China Citic, Baidu launch direct bank in fintech push

BEIJING (Reuters) - China Citic Bank Corp and search engine giant Baidu Inc launched on Saturday a direct banking joint venture, dubbed AiBank, to capitalize on China's rapidly growing fintech sector.

Volkswagen accelerates push into electric cars with $40 billion spending plan

WOLFSBURG/HAMBURG (Reuters) - Volkswagen approved a 34 billion euro ($40 bln) spending plan on Friday that accelerates its efforts to become a global leader in electric cars.