Reuters Technology Report: March 15, 2017

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Wednesday, March 15, 2017

High profile Twitter accounts hijacked in Turkish-Dutch protest

FRANKFURT (Reuters) - The diplomatic spat between Turkey and the Netherlands spread online on Wednesday when a large number of Twitter accounts, many with no apparent connection to the dispute, were hijacked and replaced with anti-Nazi messages in Turkish.

Toshiba shares slide as crisis deepens, fate of Westinghouse unclear

TOKYO (Reuters) - Shares in Toshiba Corp tumbled on Wednesday after it said it would consider a sale of Westinghouse but did not offer any clarity on whether it would proceed with a Chapter 11 filing for the U.S. nuclear unit - a move that could stem losses.

Intel bets on selling Mobileye data, with maps a first test

SAN FRANCISCO (Reuters) - To understand Intel's $15.3 billion proposed acquisition of Israel's Mobileye, imagine the data created and compiled by a self-driving car scanning the road and objects around it as a potential source of revenue.

Grab, Uber's Southeast Asia rival, to add two R&D centers and 800 developers

SINGAPORE (Reuters) - Ride-hailing firm Grab, the main rival of Uber Technologies Inc [UBER.UL] in Southeast Asia, on Wednesday announced two new research and development (R&D) centers and said it planned to add 800 developers over the coming two years.

Justice Department to announce indictments in massive Yahoo hack: source

SAN FRANCISCO (Reuters) - U.S. Justice Department officials are expected to announce indictments on Wednesday against suspects in at least one of a series of hacking attacks on Yahoo Inc , according to a source briefed on the matter.

Washington Post software deal a double win for Bezos

(Reuters) - Billionaire Jeff Bezos scored a double win this week as the Washington Post, the newspaper he bought in 2013, signed its biggest contract to date to sell web publishing tools mostly hosted by Amazon.com Inc , the company he founded and runs.

Snapchat 2017 ad revenue forecast trimmed to $770 million: eMarketer

(Reuters) - The 2017 advertising revenue forecast for Snap Inc’s Snapchat has been trimmed by $30 million due to higher than expected revenue sharing with its partners, digital marketing firm eMarketer said in its latest ad spending forecast on Tuesday.

McDonald's, late to mobile ordering, seeks to avoid pitfalls

CHICAGO (Reuters) - McDonald's Corp this month will begin testing its long-awaited U.S. mobile ordering app with the goal of avoiding the kinds of service hiccups that have haunted digital debuts by companies such as Starbucks Corp.

Euronet Worldwide trumps Ant Financial's offer to buy MoneyGram

(Reuters) - U.S. electronic payments company Euronet Worldwide Inc launched a $1 billion bid for rival MoneyGram International Inc on Tuesday, arguing that its all-American deal would face less regulatory scrutiny than a lower bid by China's Ant Financial Services Group.

Ex-Zenefits chief launches startup to compete with his old firm

SAN FRANCISCO (Reuters) - The former chief executive of human resources software firm Zenefits, Parker Conrad, on Tuesday made public a new startup that will compete with his old company, marking a comeback by the Silicon Valley entrepreneur who left Zenefits under a cloud.

Reuters Technology Report: March 15, 2017

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