Reuters - Technology Report

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Monday, January 30, 2017

Trust banks plan to sue Toshiba over 2015 accounting scandal

TOKYO (Reuters) - Japanese trust banks are preparing to sue Toshiba Corp over its 2015 accounting scandal, a fresh headache for the conglomerate as it scrambles to offset a separate imminent multi-billion dollar writedown.

Sony takes $976 million charge on movie segment as DVD market shrinks

TOKYO (Reuters) - Sony Corp said it booked an impairment charge of 112.1 billion yen ($976 million) on the goodwill value of its movie segment in the quarter ended December, as online streaming services sapped demand for movie DVDs.

European tech giant SAP reassures staff alarmed by Trump travel ban

FRANKFURT (Reuters) - German software maker SAP SE , Europe's largest technology company, criticized Donald Trump's immigration curbs, saying the United States, its biggest market, has drifted away from the nation's principles of opportunity and equality.

Siemens chairman to nominate Snabe as successor: Manager Magazin

FRANKFURT (Reuters) - Siemens' chairman plans to put forward ex-SAP co-Chief Executive Jim Hagemann Snabe as his successor at the company's annual shareholder meeting on Wednesday, German business monthly Manager Magazin reported.

Japan's Rakuten CEO tweets Trump move to ban refugees makes him cry

TOKYO (Reuters) - In rare candor for a Japanese executive, CEO Hiroshi Mikitani of e-commerce giant Rakuten Inc condemned U.S. President Donald Trump's move to ban entry of refugees and people from seven Muslim-majority countries, saying it made him weep with sadness.

Silicon Valley puts money and muscle into fighting Trump immigrant curbs

SAN FRANCISCO (Reuters) - Silicon Valley took the lead over the weekend in corporate resistance to President Donald Trump's clampdown on immigration, financing legal opposition, criticizing the plan, as well as helping employees ensnared by his executive order.

FBI request for Twitter account data may have overstepped legal guidelines

WASHINGTON (Reuters) - The FBI appeared to go beyond the scope of existing legal guidance in seeking certain kinds of internet records from Twitter as recently as last year, legal experts said, citing two warrantless surveillance orders the social media company published on Friday.

Microsoft's market value tops $500 billion again after 17 years

(Reuters) - Microsoft Corp's market capitalization topped $500 billion for the first time since 2000 on Friday, after the technology giant's stock rose following another quarter of results that beat Wall Street's expectations.

Snapchat to reveal financials within a week: sources

(Reuters) - Snap Inc, the secretive technology company that owns the popular messaging service Snapchat, is due to reveal its financials within a week as it moves toward its eagerly awaited initial public offering (IPO), sources familiar with the situation said on Friday.

Apple strategy in 'smart home' race threatened by Amazon

SAN FRANCISCO - In less than a year, Amazon's combination of the Echo speaker system and the Alexa voice-controlled digital assistant has come close to delivering on the elusive promise of easy-to-use technology that can control gadgets in the home with a few spoken words.