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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

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

Flipkart reshuffle signals shift to margins over volume

MUMBAI/BENGALURU (Reuters) – Even before he was appointed to run India’s biggest e-commerce company, Kalyan Krishnamurthy had signaled a change: as head of sales at Flipkart he focused on profitable “big ticket” items, a shift away from the...
Posted On 12 Jan 2017

Trump news conference sets worldwide social media afire

NEW YORK (Reuters) – In his first news conference since the Nov. 8 election, President-elect Donald Trump set social media ablaze on Wednesday with remarks including harsh criticism of the press and a defense of his goal to improve ties with Russia. Source
Posted On 12 Jan 2017

Samsung chief questioned by prosecutors in South Korea political scandal

SEOUL (Reuters) – Special South Korean prosecutors questioned the head of top conglomerate Samsung Group [SAGR.UL] on suspicion of bribery on Thursday in an influence-peddling scandal that led to President Park Geun-hye’s impeachment. Source
Posted On 12 Jan 2017

Instagram adds advertising to Instagram Stories

(Reuters) – Facebook Inc’s Instagram is bringing more than 30 advertisers into one of its fastest-growing features, Instagram Stories, in a bid to boost advertising revenue, the company said on Wednesday. Source
Posted On 12 Jan 2017

Amazon halts sales of Indian flag doormat after visa threat

MUMBAI (Reuters) – Amazon.com removed doormats resembling the Indian tri-color flag from its Canadian website on Wednesday, after an Indian government threat to rescind visas of the U.S. company’s employees if they did not stop selling the product. Source
Posted On 12 Jan 2017