Reuters Technology Report: December 29, 2016

Click to View in Browser Thursday, December 29, 2016 Sprint, OneWeb say 8,000 jobs announced by Trump are part of SoftBank pledge PALM BEACH, Fla. (Reuters) - U.S. President-elect Donald Trump on Wednesday said telecommunications group Sprint Corp and a U.S. satellite company OneWeb will bring 8,000 jobs to the United States, and the companies said the positions were part of a previously disclosed pledge by Japan's SoftBank Group Corp. U.S. set to announce response to Russian election hacking: sources WASHINGTON (Reuters) - The Obama administration plans to announce on Thursday a series of retaliatory measures against Russia for hacking into U.S. political institutions and individuals and leaking information in an effort to help President-elect Donald Trump and other Republican candidates, two U.S. officials said on Wednesday. Toshiba shares, bonds tumble as second downgrade fans writedown fears TOKYO (Reuters) - Shares in Toshiba fell more than 19 percent on Thursday, clocking a third day of heavy losses after the Japanese tech-to-nuclear conglomerate said earlier this week it faced a potential multi-billion dollar writedown. China's cash-strapped LeEco in talks to gain $1.4 billion from investor SHANGHAI/HONG KONG (Reuters) - China's cash-strapped LeEco said it is in talks to secure 10 billion yuan ($1.4 billion) from an unidentified strategic investor, but the announcement was seen as insufficient to dispel concern over the high-tech conglomerate's financial health. New York eases proposed cyber regulations after industry complaints (Reuters) - New York state's financial regulator on Wednesday issued a revised proposal for the nation's first cyber security rules for banks and insurers, loosening some security requirements and delaying implementation by two months to March 1. Xiaomi-backed online bank to launch services soon - bank investor BEIJING (Reuters) - A Chinese online bank backed by smartphones and home appliances maker Xiaomi Inc [XTC.UL] is set to launch services soon, after being officially established and rebranded recently, according to one of the venture's investors. New York Times surpasses 100 million views on Facebook Live NEW YORK (Reuters) - Presidential politics and celebrity interviews helped The New York Times Co surpass 100 million views for its Facebook Live videos, the company said on Wednesday. InterContinental investigates possible payment card breach (Reuters) - InterContinental Hotels Group Plc said on Wednesday it is investigating claims of a possible payment card breach at some of its hotels in the United States. Researcher found security holes at smartphone-only bank N26 HAMBURG (Reuters) - German fintech company N26, which made its name mocking traditional banks, has found itself on the receiving end of criticism after a security researcher proved its smartphone apps exposed users to potential account hijacking. South Korea fines Qualcomm $854 million for violating competition laws SEJONG, South Korea/SAN FRANCISCO (Reuters) - South Korea's antitrust regulator fined Qualcomm Inc 1.03 trillion won ($854 million) for what it called unfair business practices in patent licensing and modem chip sales, a decision the U.S. chipmaker said it will challenge in court. Related Video Negative emotions hurt Type 2 diabetics' health Coding schools aim to fill tech job demand 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