Reuters - Technology Report

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Thursday, September 28, 2017

Toshiba $18 billion sale of chip unit finally signed, legal challenges remain

TOKYO (Reuters) - Japan's Toshiba Corp said on Thursday it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital LP, overcoming a key - albeit not its last - hurdle as it scrambles for funds to stave off a potential delisting.

In France, Snap's Discover news feature gets 10 million monthly users

(Reuters) - Snap Inc, searching for ways to reinvigorate a slowing growth rate and increase advertising revenue for its Snapchat messaging app, said this week it has racked up 10 million users for its Discover news and video feature in France a year after launching there.

Bitcoin blow as fund drops U.S. exchange application

(Reuters) - An effort to allow investors to trade digital currencies as easily as stocks in the United States stumbled when the backer of a bitcoin fund said an application to list on an exchange had been withdrawn.

Facebook, Google, Twitter asked to testify on Russian meddling

WASHINGTON (Reuters) - Executives from Facebook, Alphabet Inc's Google and Twitter have been asked to testify to the U.S. Congress in coming weeks as lawmakers probe Russia's alleged interference in the 2016 U.S. election, committee sources said on Wednesday.

Uber launches in new Southeast Asian markets amid push for government blessing

BANGKOK (Reuters) - Uber Technologies Inc [UBER.UL] launched operations in Cambodia on Thursday after it received local regulatory approval amid a wider push to secure the blessings of authorities in the markets within which it operates.

Taiwan's Gogoro plans to ride into Japan, to offer battery-sharing infra

TOKYO (Reuters) - Taiwanese electric scooter maker Gogoro plans to enter Japan and offer its battery sharing infrastructure to automakers in the country, a top Gogoro official said, apart from competing in the two-wheeler market dominated by giants including Honda Motor Co.

Exclusive: N.Y. regulator subpoenas Equifax over massive breach

NEW YORK (Reuters) - New York state's financial services regulator has issued a subpoena to Equifax Inc demanding it provide more information about the massive data breach the credit-reporting firm disclosed this month, a person familiar with the matter said on Wednesday.

Naspers buys half of Rocket's stake in Delivery Hero

JOHANNESBURG/BERLIN (Reuters) - South African e-commerce giant Naspers increased its investment in online food takeaway firm Delivery Hero on Thursday, buying half the stake of German investor Rocket Internet for 660 million euros ($775 million).

U.S. senators announce deal on self-driving car legislation

WASHINGTON (Reuters) - Two U.S. senators said late on Wednesday that they had reached a bipartisan deal on legislation aimed at easing hurdles to getting self-driving cars to drivers.

Trump slams Facebook as lawmakers await ads amid Russia probe

WASHINGTON (Reuters) - U.S. President Donald Trump on Wednesday criticized Facebook Inc as "anti-Trump" and questioned its role during the 2016 presidential campaign, amid probes into alleged Russian interference in the election and possible collusion by Trump's associates.