- Toshiba pushes sale of nuclear unit Westinghouse as crisis deepens March 14, 2017TOKYO (Reuters) - Toshiba Corp is 'actively considering' a sale and other strategic options for U.S. nuclear unit Westinghouse, the group said on Tuesday, as it expanded a probe into problems there that caused it to miss an earnings deadline for a second time.
- Germany plans to fine social media sites over hate speech March 14, 2017BERLIN (Reuters) - Germany's Justice Minister on Tuesday put forward a new draft law calling for social networks like Facebook to remove slanderous or threatening online postings quickly or face fines of up to 50 million euros ($53.15 million).
- Euronet Worldwide trumps Ant Financial's offer to buy MoneyGram March 14, 2017(Reuters) - U.S. electronics payments provider Euronet Worldwide Inc said on Tuesday it offered to buy money-transfer company MoneyGram International Inc for $15.20 per share, trumping Ant Financial's bid of $13.25 per share.
- Germany's Merkel warns against cyber attacks on infrastructure March 14, 2017BERLIN (Reuters) - German Chancellor Angela Merkel said on Tuesday protecting infrastructure from potential cyber attacks was a top priority and the federal government had to work together with localities on that.
- China's ZTE Corp names new chairman March 14, 2017HONG KONG (Reuters) - Chinese telecom equipment maker ZTE Corp , which last week agreed to plead guilty and pay nearly $900 million for breaching U.S. sanctions, on Tuesday named Yin Yimin as its new chairman with immediate effect.
- Nasdaq provides blockchain tech to new advertising exchange March 14, 2017NEW YORK (Reuters) - Nasdaq Inc has provided blockchain technology to run a new exchange to trade guaranteed advertising contracts as more mainstream finance projects using the record keeping software move into the real world.
- Charles Schwab launches hybrid human-robo financial advice March 14, 2017NEW YORK (Reuters) - Brokerage Charles Schwab Corp on Tuesday launched a service that combines its automated investment management technology with human advisors, as financial institutions race to offer digital financial advice.
- Facebook bars developers from using data for surveillance March 14, 2017SAN FRANCISCO (Reuters) - Facebook Inc barred software developers on Monday from using the massive social network's data to create surveillance tools, closing off a process that had been exploited by U.S. police departments to track protesters
- Intel's $15 billion purchase of Mobileye shakes up driverless car sector March 13, 2017JERUSALEM/DETROIT (Reuters) - Intel Corp agreed to buy Israeli autonomous vehicle technology firm Mobileye for $15.3 billion on Monday in a deal that could thrust the U.S. chipmaker into direct competition with rivals Nvidia Corp and Qualcomm Inc to develop driverless systems for global automakers.
- Verizon sought $925 million discount for Yahoo merger, got $350 million March 13, 2017NEW YORK (Reuters) - Verizon Communications Inc sought almost triple the price reduction that it ultimately obtained for Yahoo Inc's core assets following two massive cyber attacks at the internet company, according to a Yahoo filing.