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South Korea court reassigns Samsung chief’s case amid questions about judge’s connections

SEOUL (Reuters) – A South Korean court said on Friday it has reassigned Samsung Group chief Jay Y. Lee’s bribery trial to another judge, following questions about the previous judge’s connection to a woman Lee is accused of bribing. Source
Posted On 17 Mar 2017

Uber has until April 7 to respond to Waymo preliminary injunction bid: judge

SAN FRANCISCO (Reuters) – A federal judge on Tuesday extended the deadline for Uber to respond to a motion filed by Waymo, Alphabet’s autonomous car unit, for a preliminary injunction in a high-stakes trade secrets case. Source
Posted On 16 Mar 2017

Shenzhen-listed shares of China’s ZTE surge 10 percent in resumed trade

HONG KONG (Reuters) – Shenzhen-listed shares of Chinese telecom equipment maker ZTE Corp jumped 10 percent on Thursday, resuming trading after a nine-day halt and catching up with gains in its Hong Kong shares that were sparked by the settlement of a U.S. sanctions case. Source
Posted On 16 Mar 2017

Tesla to raise about $1.15 billion in stock, notes; Musk to buy shares

SAN FRANCISCO (Reuters) – Tesla Inc said on Wednesday it expects to raise about $1.15 billion from a stock and senior notes offering, an infusion of needed capital as the electric car maker enters pre-production of its upcoming Model 3 electric sedan. Source
Posted On 16 Mar 2017

Yahoo cyber indictment shows Kremlin, hackers working hand-in-hand

(Story corrects first name of U.S. Senator Warner to Mark, not John in 15th paragraph of March 15th item.) Source
Posted On 16 Mar 2017

Britain asks regulator to investigate Sky takeover by Murdoch’s Fox

LONDON (Reuters) – The British government said on Thursday it would refer Rupert Murdoch’s planned takeover of European pay-TV group Sky to regulators to decide if the deal was in the public interest. Source
Posted On 16 Mar 2017

Vietnam urges firms to stop YouTube and Facebook ads in protest over ‘fake content’

HANOI (Reuters) – Vietnam on Thursday called on all companies doing business there to stop advertising on YouTube, Facebook and other social media until they find a way to halt the publication of “toxic” anti-government information. Source
Posted On 16 Mar 2017

Chipmaker Nvidia says working with Paccar on driverless trucks

(Reuters) – U.S. chipmaker Nvidia Corp said on Thursday it was working with truckmaker Paccar Inc to develop autonomous vehicles. Source
Posted On 16 Mar 2017

Baidu fires head of group-buying unit over kickbacks

BEIJING (Reuters) – Baidu Inc said on Thursday it fired the head of its Nuomi group-buying service over ethics violations, at a time when the internet giant is looking to retool its sluggish search business and streamline loss-making units including Nuomi. Source
Posted On 16 Mar 2017

Apple, Google, Facebook skip legal challenge to new travel ban

SAN FRANCISCO (Reuters) – Apple Inc, Alphabet Inc’s Google and Facebook Inc are among more than 60 technology companies that appear to have backed away from the legal fight against U.S. President Donald Trump’s controversial travel ban, deciding not to put their...
Posted On 16 Mar 2017