By Salvador Rodriguez SAN FRANCISCO (Reuters) – Slack Technologies Inc has secured a partnership with Oracle Corp <ORCL.N> to integrate the tech giant’s enterprise software products into the popular workplace messaging app, the two companies told Reuters. The partnership is a victory for Slack as the young startup ramps up its efforts to win the […]
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By Conor Humphries DUBLIN (Reuters) – Ireland’s High Court on Tuesday said it would ask the EU’s top court to decide whether to ban the way in which Internet firms such as Facebook <FB.O> transfer users’ data to the United States in a case with major implications for companies. The case is the latest to […]
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By Eric Auchard LONDON (Reuters) – London-based Moo is doubling its sales every three years and proving that there is a place for a premium-priced business card printer in a digital age. On Tuesday, the decade-old member of the city’s Silicon Roundabout tech scene posted 38 percent revenue growth for 2016 and a strengthened executive […]
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PARIS (Reuters) – Amazon <AMZN.O> has approached various French supermarket operators – including Casino <CASP.PA> – about setting up distribution deals or making an acquisition in the country, newspaper Le Monde reported, citing its own sources. Le Monde said Amazon had contacted Casino over Casino’s Monoprix division, but Casino had declined to pursue the matter. […]
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LONDON (Reuters) – British actor Steve Coogan won damages on Tuesday from Mirror Group Newspapers whose reporters illegally listened to his voicemail messages to get scoops, the latest chapter in a long-running saga that has damaged the reputation of the British press. Best known in Britain for his portrayal of fictional radio presenter Alan Partridge, […]
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CHIBA (Reuters) – Japanese electronics components firm Murata Manufacturing Co Ltd aims to turn around its money-losing battery business within two to three years as its safety technology draws strong interest from smartphone vendors, its chief executive said. “We are seeing brisk demand for our smartphone batteries due to their safety performance, particularly since a […]
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TEL AVIV (Reuters) – Monarch Alternative Capital recommended buying Japan’s Toshiba Corp <6502.T>, saying the company’s shares have at least a 30 percent upside. Andrew Herenstein, Monarch’s chief investment officer, said on Tuesday the market is overestimating the risk of Toshiba being delisted next year, creating an overhang for the stock, which is trading at […]
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TOKYO (Reuters) – Japan’s Toshiba Corp <6502.T> said on Thursday it is buying back a 10 percent stake in Westinghouse Electric Co from minority shareholder Kazatomprom for 59 billion yen ($522 million), taking full ownership of the bankrupt U.S. unit. The move comes as Westinghouse is exploring selling itself, with a deal likely valuing it […]
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By Ahmed Aboulenein CAIRO (Reuters) – Egypt has arrested 22 people in the past three days as part of a crackdown on gays after a rainbow flag was raised at a concert, activists and rights groups said on Monday. At least 33 people have been arrested since Sept. 23, after a group of people were […]
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By Ahmed Aboulenein CAIRO (Reuters) – Egypt has arrested 22 people in the past three days as part of a crackdown on gays after a rainbow flag was raised at a concert, activists and rights groups said on Monday. At least 33 people have been arrested since Sept. 23, after a group of people were […]
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By Paresh Dave and Liana B. Baker SAN FRANCISCO (Reuters) – The board of Uber Technologies Inc [UBER.UL], including two new appointees of former Chief Executive Travis Kalanick, will meet on Tuesday to consider proposals that diminish the co-founder’s influence, strip early investors of supervoting power and secure a multibillion-dollar investment, sources said. Proponents of […]
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By Salvador Rodriguez SAN FRANCISCO (Reuters) – Oracle Corp <ORCL.N> Co-Chief Executive Mark Hurd on Monday said he does not understand Trump administration immigration policies that make it difficult for foreigners to work in the United States after earning an education here. “I don’t understand how we let somebody into this country go to our […]
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