Reuters - Technology Report

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Friday, March 31, 2017

Waymo-Uber judge says may grant injunction if key witness doesn't testify

SAN FRANCISCO (Reuters) - The U.S. judge overseeing a blockbuster case over self-driving car technology suggested Uber could face an injunction if a key Uber executive does not testify for fear of exposing himself to criminal prosecution, according to a transcript seen by Reuters.

Big in Japan? Hope at home for Toshiba's nuclear arm after U.S. debacle

TOKYO (Reuters) - The bankruptcy of Westinghouse Electric Co may be a blow to Toshiba Corp's international nuclear ambitions, but the Japanese conglomerate still has a profitable business at home.

FCC to vote to reform $45 billion business data market

WASHINGTON (Reuters) - The Republican head of the Federal Communications Commission on Thursday proposed easing regulatory requirements in the $45 billion business data services market, a win for companies like AT&T Inc, CenturyLink Inc, Verizon Communications Inc and others.

China's Huawei posts flat profit growth amid tough battle with rivals

HONG KONG (Reuters) - Chinese telecom equipment and smartphone maker Huawei Technologies Co Ltd [HWT.UL] on Friday said annual profit growth was nearly flat, its slowest pace in five years, as it ramped up spending to boost market share amid fierce competition.

Borg Warner sees hybrid, electric car parts growth despite U.S. uncertainty

TOKYO (Reuters) - U.S. auto parts supplier Borg Warner on Friday said it expects to see sales grow for its global hybrid and electric vehicle parts, even as a U.S. review of fuel economy standards threatens to slow emissions improvements in the world's No. 2 auto market.

Uber settles with Pennsylvania regulator following record fine

(Reuters) - Uber Technologies Inc has reached a settlement with Pennsylvania's taxi regulator to end the ride-sharing company's appeal of a record $11.4 million fine for operating illegally.

Verizon looking to launch online TV service: sources

(Reuters) - The No. 1 U.S. wireless carrier Verizon Communications Inc has been buying streaming rights from television network owners ahead of a nationwide launch of an online TV service, according to people familiar with the matter.

Apple sends warning to banks with Australian mobile payments decision

SYDNEY (Reuters) - Apple Inc on Friday won a victory in its global fight to prevent banks from introducing their own mobile payment services on Apple devices, as an Australian regulator barred lenders from bargaining collectively for access.

Investors bet on a quiet tech revolution in Europe

LONDON (Reuters) - It's not banking or mining shares, but rather technology stocks, that have come up trumps in Europe this year and are poised to end the first quarter as the best-performing sector.

Toshiba offered $17.9 billion for chip unit by Silver Lake and Broadcom: Nikkei

TOKYO (Reuters) - U.S. private equity firm Silver Lake Partners LP [SILAK.UL] and U.S. chipmaker Broadcom Ltd have offered Toshiba Corp about 2 trillion yen ($17.9 billion) for its chip unit, the Nikkei business daily reported on Friday.