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Friday, October 13, 2017
Uber appeals against loss of London license
LONDON (Reuters) - Uber [UBER.UL] submitted a court appeal on Friday to overturn a decision by London's transport regulator that stripped the taxi app of its operating license in one of its most important markets.
Amazon Studios chief Roy Price suspended following harassment allegation
SAN FRANCISCO (Reuters) - Amazon Studios chief Roy Price was put on an immediate leave of absence Thursday, the company said, following allegations that he harassed a producer and ignored an actress's claim of a sexual assault by producer Harvey Weinstein.
Samsung Electronics CEO Kwon announces shock resignation as profits surge
SEOUL (Reuters) - Samsung Electronics Co Ltd said on Friday its CEO and Vice Chairman Kwon Oh-hyun plans to step down from management, deepening concerns over a leadership vacuum at the tech giant after group scion Jay Y. Lee was jailed for bribery.
Toshiba discussing joint investment in chips with Western Digital
YOKKAICHI, Japan (Reuters) - Toshiba Corp said it is discussing joint investment in a new chip production line with Western Digital Corp - its estranged business partner after the Japanese firm chose a different suitor to buy its $18 billion semiconductor business.
Behind bars, Samsung scion Lee sees his wealth top $2 billion
SEOUL (Reuters) - Jay Y. Lee, the billionaire heir to South Korea's Samsung Group, should find some comfort that its crown jewel Samsung Electronics Co Ltd has reported record profit every quarter since he was jailed in February, making him even richer.
Activists urge Apple to drop apps that play up Philippine drugs war
MANILA (Reuters) - A group of civil society organizations has demanded that Apple Inc remove from its app store games it said violated the tech firm's guidelines and promoted violence and killings commonplace in the Philippines' war on drugs.
Senior U.S. official meeting UK officials to tackle online security issues
LONDON (Reuters) - Britain's campaign to force Silicon Valley to compromise on encrypted communications has received strong backing from a top U.S. government legal official, who called out tech firms for failing to balance crime-fighting demands with privacy needs.
Tesla to recall 11,000 Model X SUVs due to seat issue
(Reuters) - Electric carmaker Tesla Inc is recalling 11,000 Model X sport utility vehicles worldwide due to a faulty locking mechanism in their rear seats that raises the risk of the seats falling forward in a crash.
Amazon to open new distribution center in north west England
LONDON (Reuters) - Amazon said on Friday it planned to open a new fulfillment center in Bolton, north west England, in 2018 and will begin recruiting 1,200 permanent jobs in the latest expansion in Britain.
Equifax says systems not compromised in latest cyber scare
NEW YORK (Reuters) - Equifax Inc said on Thursday that one of its third-party vendors had been running malicious code on one its web pages, but that the credit reporting agency was not the subject of another cyber attack and its systems were not compromised.
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