Reuters Technology Report: January 4, 2017

Click to View in Browser Wednesday, January 4, 2017 Amazon doubles deliveries in 2016 for third-party sellers (Reuters) - Amazon.com Inc shipped 50 percent more items this holiday season than last for third-party vendors and doubled the amount for 2016 overall, the retail giant said on Wednesday. Alibaba, in new tack, sues two vendors who it says sold fake watches HONG KONG (Reuters) - China's Alibaba Group Holding Ltd has sued two vendors it says sold fake Swarovski watches on its Taobao e-commerce platform, its first legal action against counterfeiters amid persistent allegations that fake goods are widely available on its sites. Faraday Future unveils electric vehicle in Las Vegas to kick off CES LAS VEGAS (Reuters) - Electric vehicle start-up Faraday Future showed off in Las Vegas on Tuesday a prototype of a vehicle set for production next year as the China-backed company strives to win credibility in the crowded sector and weather its funding challenges. Samsung Electronics in talks with LG Display for LCD panel supply: Yonhap SEOUL (Reuters) - Samsung Electronics Co Ltd is in talks with South Korea's LG Display Co Ltd about a potential liquid crystal display (LCD) panel supply deal for televisions, South Korea's Yonhap News Agency reported on Wednesday. Twitter's China boss Kathy Chen quits after eight months NEW YORK/BEIJING (Reuters) - Twitter Inc executive Kathy Chen, brought in to run Greater China just over eight months ago, has quit, according to a tweet sent by her over the weekend. Maersk, Alibaba team up to offer online booking of ship places SHANGHAI (Reuters) - Maersk, the world's largest container shipping line, has teamed up with Alibaba to allow customers to reserve space on its vessels through the Chinese company, illustrating growing cooperation between e-commerce and logistics firms. Intel to take stake in German mapping firm HERE in automated driving push FRANKFURT (Reuters) - U.S. chip maker Intel will take a 15 percent stake in German digital mapping firm HERE, it said on Tuesday, as it seeks to build its presence in automated driving technology. Samsung's chip, screen sales to drive Q4 profit to 3-year high -analysts SEOUL (Reuters) - Samsung Electronics Co Ltd is likely to forecast its best quarterly profit in nearly three years on Friday, analysts said, with robust memory chip sales easing the pain of the costly failure of a flagship smartphone. Canadian fintechs shine as investments near record TORONTO (Reuters) - Venture capital-backed investment in Canadian financial technology companies hit its highest level in almost two decades last year, even as the flow of funds into major fintech markets like the United States declined, according to sector data. Israel's 'flying car' passenger drone moves closer to delivery YAVNE, Israel (Reuters) - After 15 years of development, an Israeli tech firm is optimistic it will finally get its 1,500 kg (1.5 tonne) passenger carrying drone off the ground and into the market by 2020. Related Video Start-ups take aim at errant drones Cave bacteria could lead to new antibiotics 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 2017 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