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Nissan picks London for first European on-road autonomous car tests

LONDON (Reuters) – Japanese carmaker Nissan said it will conduct its first European real-world trials of self-driving cars in London, choosing Britain just months after it said it would build two new models in the country despite concerns over Brexit. Source
Posted On 13 Jan 2017

U.S. appeals court revives antitrust lawsuit against Apple

SAN FRANCISCO (Reuters) – iPhone app purchasers may sue Apple Inc over allegations that the company monopolized the market for iPhone apps by not allowing users to purchase them outside the App Store, leading to higher prices, a U.S. appeals court ruled on Thursday. Source
Posted On 13 Jan 2017

Nintendo disappoints with $299 price for new Switch console

TOKYO (Reuters) – Nintendo Co Ltd on Friday priced its first console in about four years above market expectations, disappointing investors and clouding its prospects of winning back gamers who have shifted from consoles to smartphones. Source
Posted On 13 Jan 2017

South Korea investigators mull arrest warrant for Samsung leader: Yonhap

SEOUL (Reuters) – South Korean special prosecutor’s office is considering whether to seek an arrest warrant for Samsung Group leader Jay Y. Lee amid a probe into an influence-peddling scandal involving President Park Geun-hye, Yonhap News Agency reported on Friday. Source
Posted On 13 Jan 2017

Chinese tech giant’s Taiwan deals unravel as Powertech calls off share pact

TAIPEI (Reuters) – Taiwan’s Powertech Technology Inc said Friday it was terminating a share agreement with China’s Tsinghua Unigroup Ltd, unraveling more than $2 billion in deal-making that the state-run Chinese giant had hoped to seal on the island. Source
Posted On 13 Jan 2017

Taiwan’s Hon Hai, Japan’s Sharp considering LCD plant in U.S.: Nikkei

TOKYO (Reuters) – Taiwan’s Hon Hai Precision Industry Co Ltd and its Japanese subsidiary Sharp Corp are studying the possibility of building a liquid crystal display (LCD) plant in the United States, the Nikkei reported on Friday. Source
Posted On 13 Jan 2017

Amazon to add more than 100,000 jobs in U.S. hiring spree

NEW YORK/WASHINGTON (Reuters) – Amazon.com Inc on Thursday said it will create more than 100,000 jobs in the United States, from software development to warehouse work, in its latest move to win over shoppers by investing in faster delivery. Source
Posted On 13 Jan 2017

AT&T chief executive, Trump meet amid planned Time Warner merger

NEW YORK (Reuters) – AT&T Inc Chief Executive Randall Stephenson on Thursday met in New York with U.S. President-elect Donald Trump, an opponent of the company’s acquisition of Time Warner Inc . Source
Posted On 13 Jan 2017

EU says U.S. explanation of Yahoo email scanning not enough

BRUSSELS (Reuters) – The United States has not satisfied the European Union’s concerns about Yahoo’s scanning of all customers’ incoming emails for U.S. intelligence purposes, the bloc’s justice chief told Reuters in an interview. Source
Posted On 12 Jan 2017

India’s Tata Consultancy beats third-quarter profit estimates

MUMBAI (Reuters) – India’s biggest software services exporter Tata Consultancy Services Ltd (TCS) said it would continue to focus on expanding its digital business after beating analyst estimates with a 10.9 percent rise in profit for the quarter to December. Source
Posted On 12 Jan 2017