Reuters Technology Report: October 18, 2016

Click to View in Browser Tuesday, October 18, 2016 Netflix subscriptions boom around world, shares jump 20 percent (This version of the October 17 story corrects reference to past quarters in second paragraph) IBM third quarter revenue falls, but tops forecasts on cloud, analytics growth (Reuters) - International Business Machines Corp posted better-than-expected third-quarter revenue on Tuesday, helped by growth in the company's cloud and analytics businesses. Samsung Elec to compensate Galaxy Note 7 parts suppliers SEOUL (Reuters) - Samsung Electronics Co Ltd said on Tuesday it will compensate component suppliers for the discontinued Galaxy Note 7 smartphones and consider giving them orders for other models to cushion the blow. U.S. airlines booking services resume after Sabre fixes tech glitch (Reuters) - Sabre Corp said on Monday it had fixed a technical issue that affected booking services of its U.S. airline partners such as Southwest Airlines Co, Virgin America and JetBlue Airways Corp. Tesla, Panasonic to collaborate on solar manufacturing (Reuters) - Elon Musk's Tesla Motors said it would collaborate with its longstanding battery partner, Japan's Panasonic Corp, to manufacture solar cells and panels at a New York factory. Samsung says to invest $296 million to expand India plant MUMBAI (Reuters) - Samsung Electronics Co Ltd will invest 19.7 billion rupees ($295.83 million) to expand its plant in northern India, the company said in a statement. Canada's Amaya and Britain's William Hill end merger talks LONDON (Reuters) - Merger talks between Canadian online gambling company Amaya Inc and British bookmaker William Hill have ended after the two firms concluded they would be stronger on their own. Australia's Tabcorp, Tatts in talks to create $7 billion gaming giant SYDNEY (Reuters) - Australia's Tatts Group Limited and Tabcorp Holdings Ltd on Tuesday said they are in talks to create a A$9.34 billion ($7.1 billion) betting industry giant, hoping to join forces to fend off popular online rivals. Missouri sues Volkswagen over diesel emissions WASHINGTON (Reuters) - The state of Missouri sued Volkswagen AG on Monday, becoming the 17th U.S. state to take legal action against the German automaker over its cheating on diesel emissions. Hyundai to make China-only vehicles, green cars to battle local brands SEOUL (Reuters) - Hyundai Motor Co on Tuesday said it aims to make more China-only and environment-friendly cars at two new Chinese plants, as it strives to fend off competition from Chinese rivals and slowing growth in the world's biggest auto market. Related Video Maggots under microscope for superbug-killing secretions Drones deliver blood supplies in Rwanda Mediafile How about Hightail-ing it? On Twitter, dubious health claims from e-cigarette bots A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today A quick-fix on the day's news delivered when you want it. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2016 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook