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Exclusive: Amazon to charge $2.8 million for NFL ad packages – sources

NEW YORK (Reuters) – Amazon.com Inc is looking to charge advertisers $2.8 million for packages that include 30-second spots during the Thursday night National Football League games it will stream live to its Prime customers this coming season, two people familiar with the...
Posted On 23 Jun 2017

CEO Zuckerberg tweaks Facebook mission to focus on groups

SAN FRANCISCO (Reuters) – Facebook Inc Chief Executive Mark Zuckerberg revised the world’s largest online social network’s mission statement on Thursday to emphasize support for hobby clubs, civil society organizations and other community groups. Source
Posted On 23 Jun 2017

Toshiba to seek extension on financial filing Friday: Yomiuri

TOKYO (Reuters) – Toshiba Corp plans to ask regulators for an extension for filing its annual financial statement on Friday, the Yomiuri daily reported. Source
Posted On 23 Jun 2017

Judge says San Francisco can subpoena Uber for driver information

SAN FRANCISCO (Reuters) – A California state judge said on Thursday that San Francisco can demand from Uber records containing the ride-hailing company’s driver contact information, the city attorney said. Source
Posted On 23 Jun 2017

Tesla reaches agreement with Shanghai to explore production: Bloomberg

Tesla’s revenue from China more than tripled to over $1 billion last year, according to its annual report. Source
Posted On 22 Jun 2017

Exclusive: China Unicom counts Alibaba, Tencent among investors in drive to raise $10 billion – sources

HONG KONG (Reuters) – Chinese tech giants Alibaba Group Holdings and Tencent Holdings will be among new investors pouring a total of around $10 billion into mobile carrier China Unicom, sources said, part of efforts by Beijing to rejuvenate state behemoths with private...
Posted On 22 Jun 2017

Google to push for law enforcement to have more access to overseas data

WASHINGTON (Reuters) – Alphabet Inc’s Google will press U.S. lawmakers on Thursday to update laws on how governments access customer data stored on servers located in other countries, hoping to address a mounting concern for both law enforcement officials and Silicon...
Posted On 22 Jun 2017

Tech industry asks who will lead Toshiba’s motley white knights

TOKYO (Reuters) – A hastily-assembled group of investors looks set to win the bid for Toshiba Corp’s prized memory chip business, but a lack of clear leadership or industry clout is raising questions about who will take tough decisions about strategy and investment. Source
Posted On 22 Jun 2017

Exclusive: Fake online stores reveal gamblers’ shadow banking system

LONDON (Reuters) – A network of dummy online stores offering household goods has been used as a front for internet gambling payments, a Reuters examination has found. Source
Posted On 22 Jun 2017

Foxconn to continue to pursue Toshiba chip unit acquisition: Sharp CEO

TAIPEI (Reuters) – Taiwan’s Foxconn will continue to pursue an acquisition of Toshiba Corp’s chip business, a day after the troubled conglomerate chose a rival suitor as the preferred bidder, the head of Foxconn’s Japanese unit said. Source
Posted On 22 Jun 2017