(Reuters) – Intel Corp said it may invest up to $5.5 billion in manufacturing semiconductors in China, stepping up efforts to improve ties with Beijing as it seeks new revenue streams while demand for its core computer processing chips falters. The U.S. firm said it would convert a facility in Dalian, its first plant in China, for memory chip production.
Read moreBy Patricia Zengerle WASHINGTON (Reuters) – The U.S. Senate on Tuesday began debating a long-delayed bill that would make it easier for corporations to share information about cyber attacks with each other or the government without concern about lawsuits. Senate Republican Majority Leader Mitch McConnell said the Senate could pass the bill within days
Read moreBy Prak Chan Thul PHNOM PENH (Reuters) – Cambodia's Prime Minister Hun Sen is taking a belated leap into the digital age in a bid to court young, urban voters as he tries to fend off unprecedented competition from the opposition after three decades in power.
Read moreBy Julie Gordon VANCOUVER (Reuters) – Organizers of two key strategic voting campaigns in Canada are throwing most of their support to the center-left Liberals, who lead the ruling Conservatives in polls and may also benefit from a bandwagon effect in the final days of the tight campaign. Both Leadnow, a non-profit group funded through individual donations, and website strategicvoting.ca have seen support grow as sentiment against Prime Minister Stephen Harper and his 10-year-old government builds and Liberal leader Justin Trudeau opens up a lead in opinion polls.
Read moreFormer Microsoft Corp Chief Executive Steve Ballmer has taken a 4 percent stake in Twitter Inc , according to his spokesman, making him the third-biggest individual shareholder in the social media company. Ballmer's stake is worth more than $800 million based on Twitter's $21 billion market value
Read moreBy Julia Fioretti LONDON (Reuters) – Companies could face action from European privacy regulators if the European Commission and United States do not come up with a new system enabling them to shuffle data across the Atlantic in three months, the regulators said on Friday. The highest EU court last week struck down a system known as Safe Harbour used by over 4,000 firms to transfer personal data to the United States, leaving companies without alternatives scrambling to put new legal measures in place to ensure everyday business could continue
Read moreLast year, many tech IPOs enjoyed soaring valuations in their Wall Street debut, raining cash on the companies and their investors and boosting concerns about another Silicon Valley bubble. Now, the party is winding down, according to data analyzed by Reuters: Five of the 12 U.S.-based tech companies that went public this year, or 42 percent, priced their shares at a valuation below or nearly the same as their private market value, compared to 24 percent of the 29 that went public in 2014. “People are no longer out of their minds with valuations and expectations,” said Adam Marcus, managing partner at OpenView Venture Partners in Boston
Read moreThis week, however, a federal jury returned a verdict against Apple in a lawsuit brought by a different kind of adversary: a public university. The University of Wisconsin-Madison's licensing arm, the Wisconsin Alumni Research Foundation, convinced a jury that Apple had infringed its patent for improving chip efficiency when the company incorporated the technology into some of its phones and tablets. Research institutions and universities have not traditionally been major players in patent litigation, and even now schools still launch relatively few patent suits compared to private companies – about 40 to 50 cases per year, according to preliminary research by University of Alberta professor Tania Bubela.
Read moreDanish zoo staff dissected a nine-month-old lion cub in front of an audience of enthralled young children on Thursday, as a social media storm about the gruesome display raged outside. It’s cool that it was so similar to a human,” said 11-year-old Sofie Beyer, visiting the zoo in Odense, Denmark’s third largest town.
Read moreBy Deborah Todd SAN FRANCISCO (Reuters) – Yahoo's next step in password security is to eliminate them altogether.
Read more