Reuters - Technology Report

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Thursday, October 5, 2017

Google launches new phones, speakers in hardware push

SAN FRANCISCO (Reuters) - Alphabet Inc's Google on Wednesday unveiled the second generation of its Pixel smartphone along with new voice-enabled home speakers, redoubling its commitment to the hardware business as it competes with a surge of devices from Apple Inc and Amazon.com Inc .

Bain Capital aims to list Toshiba chip unit in three years

TOKYO (Reuters) - U.S. private equity firm Bain Capital LP on Thursday said it aims to list Toshiba Corp's chip unit on the Tokyo Stock Exchange within three years, to cash in its investment after leading an $18 billion acquisition of the business.

London mayor welcomes Uber boss' humility after license loss

LONDON (Reuters) - London Mayor Sadiq Khan welcomed the humility shown by Uber's [UBER.UL] Chief Executive Dara Khosrowshahi who met with the city's transport regulator this week in a bid to overturn a decision stripping the firm of its operating license.

Dialog Semiconductor to buy Silego to expand into Internet of Things

FRANKFURT (Reuters) - Germany's Dialog Semiconductor is to acquire California-based Silego Technology Inc for up to $306 million, helping to strengthen its position in the market for the so-called Internet of Things.

Drive-in chain Sonic says payment cards possibly hacked

(Reuters) - U.S. fast-food chain operator Sonic Corp said on Wednesday a malware attack at some of its drive-in outlets may have allowed hackers to access customers' debit and credit card information, the latest in a string of data breaches.

Indian government considering exemptions sought by Apple: official

NEW DELHI (Reuters) - The Indian government is considering exemptions sought by Apple Inc for setting up a unit to assemble iPhones, Ramesh Abhishek, the top bureaucrat in the Department of Industrial Policy and Promotion, said on Thursday.

U.S. lawmakers want to restrict internet surveillance on Americans

(Reuters) - A bipartisan group of U.S. lawmakers unveiled legislation on Wednesday that would overhaul aspects of the National Security Agency's warrantless internet surveillance program in an effort to install additional privacy protections.

EU takes Ireland to court for not claiming Apple tax windfall

BRUSSELS (Reuters) - The European Commission said on Wednesday it was taking Ireland to the European Court of Justice for its failure to recover up to 13 billion euros ($15.3 billion) of tax due from Apple Inc , a move labeled as "regrettable" by Dublin.

Verizon's media head Marni Walden to leave

(Reuters) - Verizon Communications Inc on Wednesday said Marni Walden, executive vice president and president of global media, will leave the company in February 2018.

U.S. financial regulator must beef up cyber security: inspector

WASHINGTON (Reuters) - The U.S. Consumer Financial Protection Bureau (CFPB), one of Wall Street's top regulators, must strengthen its protections against hacking, according to a report the agency's internal inspector released on Wednesday as the financial sector reels from recent revelations of two major data breaches.