Technology Report: Toshiba overhauls chip operations with Samsung and Sony deals

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	12/24/2010
Good afternoon Bit LATEST NEWS Toshiba overhauls chip operations with Samsung and Sony deals TOKYO/SEOUL (Reuters) - Toshiba Corp will overhaul its chip operations, outsourcing output of some system chips to Samsung Electronics and selling a production line to Sony Corp, as it reduces its non-memory chip exposure. | Full Article Online holiday sales up 15.4 percent: SpendingPulse December 24, 2010 10:35 AM ET NEW YORK (Reuters) - U.S. online shopping rose 15.4 percent to $36.4 billion for the holiday shopping season, a MasterCard Advisors' SpendingPulse report showed on Thursday. | Full Article Ex-Google exec's venture firm to raise $100 million: source December 24, 2010 05:38 AM ET SAN FRANCISCO (Reuters) - Merus Capital, the venture capital firm co-founded by Google Inc's former head of mergers and acquisitions, is preparing to raise a new $100 million fund, according to a limited partner of the fund. | Full Article Wal-Mart invests in Chinese e-commerce firm December 24, 2010 01:25 AM ET SHANGHAI (Reuters) - Wal-Mart Stores Inc, the world's largest retailer, has invested in China's top online seller of consumer electronics and communication products, in a push to extend its reach to more Chinese buyers. | Full Article Fujitsu to lift cloud computing investment next year December 24, 2010 04:11 AM ET TOKYO (Reuters) - Fujitsu Ltd, Japan's leading IT vendor, will invest more than $1.2 billion in cloud computing services next financial year, its president said Friday. | Full Article BUSINESS NEWS Stocks, oil rise in festive cheer December 24, 2010 03:57 PM ET PARIS (Reuters) - World stocks held near the previous day's two-year high on Friday while oil hit fresh two-year peaks after strong U.S. data this week encouraged investors to maintain their risk positions into 2011. | Full Article Oil near 2-year high on cold, risk appetite December 24, 2010 10:16 AM ET LONDON/SINGAPORE (Reuters) - Oil hovered around its highest levels in more than two years on Friday, supported by cold weather across the globe, appetite for risk assets and signals from OPEC it would not arrest the rally. | Full Article U.S. opens tax investigation on Swiss banks: report December 24, 2010 02:51 PM ET NEW YORK (Reuters) - The Justice Department has opened a criminal investigation into small Swiss regional banks which may have helped Americans evade taxes, the New York Times reported, citing two people briefed on the matter. | Full Article UK small caps close flat December 24, 2010 07:58 AM ET The FTSE Small Cap index were steady after the half-day trading session on Christmas Eve, underperforming the 0.2 percent gain on the blue chip index , while the midcaps fell 0.7 percent. | Full Article No sign of OPEC concern with oil heading for $100 December 24, 2010 09:46 AM ET CAIRO (Reuters) - Core OPEC ministers said on Friday they saw no need to supply the world with more crude as oil prices traded near a two-year high and some consumers said they fear a rally above $100 per barrel would spur inflation. | Full Article US TOP NEWS Medvedev says more time needed for reforms Heavy snow strands Christmas travelers in Europe Russia pushes toward approval of nuclear arms pact Karzai warms to idea of talking to Taliban in Turkey U.S. defends permits for Iran deals in sanctioned nations RELATED VIDEO Mice that sing like birds Silence not golden for electric cars Green ways to get around French city A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH Cuban eggs, not cigars, fall foul of U.S. Customs Full Article Is that really Kate? UK royal coin raises eyebrows Suspect parcel in Berne is Christmas present: police Traffic tip for Santa: reflective reindeer collars - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend