Reuters - Technology Report

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Thursday, October 6, 2016

Exclusive: Twitter to conclude sale deliberations this month - sources

(Reuters) - Twitter Inc has told potential acquirers it is seeking to conclude negotiations about selling itself by the time it reports third-quarter earnings on Oct. 27, according to people familiar with the matter.

Wal-Mart's next move against Amazon: More warehouses, faster shipping

CHICAGO (Reuters) - Wal-Mart Stores Inc is accelerating its investment in e-commerce in a bid to narrow the gap with Amazon.com Inc and to give it an even more dominant position against the rest of the field in retail.

Replacement Samsung Note 7 phone emits smoke on U.S. plane: family

LOUISVILLE, Ky. (Reuters) - A replacement model of the fire-prone Samsung Note 7 smartphone began smoking inside a U.S. plane on Wednesday, the family that owns it said, prompting fresh investigations by the Consumer Product Safety Commission and the Federal Aviation Administration.

Dialog Semi reviews guidance as Chinese holiday boosts third quarter sales

FRANKFURT (Reuters) - Dialog Semiconductor , the maker of chips used in Apple and Samsung Electronics' smartphones, said it was reviewing its full-year guidance after a Chinese holiday helped bolster third-quarter sales.

Amazon keeps up UK investment push with Daventry center

LONDON (Reuters) - Online retailer Amazon said on Thursday it would create over 300 new jobs next year when it opens a distribution center in central England, maintaining a wave of investment in Britain.

Twitter drops 9 percent after report that Google won't bid

SAN FRANCISCO (Reuters) - Shares of Twitter slumped 9 percent late on Wednesday after Recode reported that Google, owned by Alphabet , would not move forward with a bid to acquire the social network.

Elliott push for Samsung makeover puts founding family plans under microscope

SEOUL (Reuters) - Samsung Electronics Co shares jumped to a record high on Thursday after activist investor Elliott Management submitted unsolicited proposals for a radical corporate makeover at the world's biggest smartphone maker.

NSA contractor charged with stealing secret data

WASHINGTON (Reuters) - The FBI has arrested a National Security Agency contractor on charges of stealing highly classified information and is investigating possible links to a recent leak of secret hacking tools used to break into the computers of adversaries such as Russia and China, U.S. officials said on Wednesday.

Google takes on Apple, Amazon with new hardware push

SAN FRANCISCO (Reuters) - Alphabet Inc's Google on Tuesday announced a new "Pixel" smartphone and a suite of new consumer electronics products for the home, planting itself firmly in the hardware business and challenging Apple Inc's iPhone at the high end of the $400 billion global smartphone market.

Taiwan's MediaTek to triple India workforce to 1,500 within three years

TAIPEI (Reuters) - Leading Taiwanese chip designer MediaTek Inc, said on Thursday it will triple its workforce in India within three years to 1,500 from more than 500 as it expands research and software development as well as customer service operations.