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'Anemic' iPhone 8 demand drags Apple shares lower

Thu, 19 Oct 2017 13:46:20 -0400

(Reuters) - Signs of poor demand for the iPhone 8 fueled more questions on Thursday over Apple Inc's strategy of releasing two phones within months of each other in 2017, sending its shares almost 3 percent lower.(image)

Amazon offered billions in tax breaks for second U.S. headquarters

Thu, 19 Oct 2017 07:09:35 -0400

(Reuters) - U.S. cities are offering Inc at least as much as $7 billion in tax breaks ahead of a Thursday deadline as they compete to house its second headquarters.(image)

Samsung, Omnitracs expand tablet offering for U.S. truck fleets

Thu, 19 Oct 2017 13:50:14 -0400

SEATTLE (Reuters) - Samsung Electronics Co Ltd and U.S. truck fleet services company Omnitracs said on Thursday they are rolling out a tablet-software package to help smaller carriers comply with a looming federal regulation to log driver hours electronically.(image)

Facebook, Twitter lawyers to testify in Congress on Russia meddling

Thu, 19 Oct 2017 14:21:55 -0400

WASHINGTON (Reuters) - Facebook Inc and Twitter Inc will send their general counsels to testify on Nov. 1 before two Congressional panels investigating possible Russian meddling in the 2016 U.S. election, the companies said on Thursday.(image)

Toshiba probed by Japan securities watchdog over results filing: source

Thu, 19 Oct 2017 00:23:47 -0400

TOKYO (Reuters) - Japan's securities watchdog is investigating Toshiba Corp's accounting in its latest earnings statement to see if it properly handled losses incurred by its U.S. nuclear unit, a source with knowledge of the matter said on Thursday.(image)

Alphabet's CapitalG leads Lyft's $1 billion funding round

Thu, 19 Oct 2017 14:15:29 -0400

(Reuters) - Lyft Inc has raised $1 billion in fresh financing, the ride-services company said on Thursday, in a round led by one of Alphabet Inc's investment funds, further complicating the convoluted world of ride-hailing alliances and dealing a blow to rival Uber Technologies Inc.(image)

EU lawmakers agree to strengthen privacy rules for WhatsApp, Skype

Thu, 19 Oct 2017 13:51:30 -0400

BRUSSELS (Reuters) - European Union lawmakers voted on Thursday to bring online messaging and email services such as WhatsApp and Skype into the scope of tough telecoms privacy rules that will restrict how they can track users.(image)

Boeing invests in autonomous flight tech provider Near Earth Autonomy

Thu, 19 Oct 2017 10:12:47 -0400

(Reuters) - Boeing Co said on Thursday it invested in Near Earth Autonomy, a Pittsburgh-based firm that develops technologies enabling autonomous flight such as drones.(image)

Merck cyber attack may cost insurers $275 million: Verisk's PCS

Thu, 19 Oct 2017 14:23:53 -0400

NEW YORK (Reuters) - Insurers could pay $275 million to cover the insured portion of drugmaker Merck & Co's loss from a cyber attack in June, according to a forecast by Verisk Analytics Inc's Property Claim Services (PCS) unit.(image)

Ryanair, Google and eDreams reach settlement over advertisements

Thu, 19 Oct 2017 07:10:42 -0400

DUBLIN (Reuters) - Ryanair reached a settlement with Google and online travel agent eDreams to end legal proceedings in the Irish High Court over what it said were misleading advertisements for Ryanair flights, the airline said on Thursday.(image)