Reuters Technology Report: February 15, 2017

Click to View in Browser Wednesday, February 15, 2017 Toshiba shares tumble as bigger stake in chip unit likely up for sale TOKYO (Reuters) - Shares in Toshiba Corp skidded on Wednesday after the conglomerate said it would book a $6.3 billion hit to its U.S. nuclear unit and may sell a majority stake in its prized flash-memory chip unit as it scrambles for cash to stay in business. Apple breaks intraday record high for first time since 2015 SAN FRANCISCO (Reuters) - Apple Inc's share price hit an intraday record high on Tuesday for the first time in almost two years as investors raised bets that a 10th anniversary iPhone will boost lackluster sales. South Korea prosecutor says secured additional evidence against Samsung chief SEOUL (Reuters) - South Korea's special prosecutor's office said on Wednesday it had expanded charges against Samsung Group chief Jay Y. Lee to include hiding the proceeds of a criminal act before it decided to seek a warrant for his arrest. Samsung Elec shares down as prosecution seeks arrest of Samsung chief SEOUL (Reuters) - Samsung Electronics shares fell for a fourth consecutive session on Wednesday, after South Korean special prosecutors said they would seek a warrant to arrest Samsung Group chief Jay Y. Lee as part of a corruption probe. Facebook launches app for watching its videos on TV (Reuters) - Facebook Inc is launching an app for smart TVs that will help the social network's users enjoy its videos on a bigger screen. South Korean prosecution again seeks arrest of Samsung chief SEOUL (Reuters) - South Korea's special prosecutor's office said on Tuesday it would again seek a warrant to arrest Samsung Group chief Jay Y. Lee, a suspect in a graft investigation that may topple President Park Geun-hye. 'Digital Geneva Convention' needed to deter nation-state hacking: Microsoft president SAN FRANCISCO (Reuters) - Microsoft President Brad Smith on Tuesday pressed the world's governments to form an international body to protect civilians from state-sponsored hacking, saying recent high-profile attacks showed a need for global norms to police government activity in cyberspace. T-Mobile U.S. quarterly revenue, profit beat estimates (Reuters) - T-Mobile US Inc, the No.3 U.S. wireless carrier, reported quarterly profit and revenue above estimates as promotional offers helped add more subscribers. Canada's SecureKey wins U.S. grant for digital identity network TORONTO (Reuters) - SecureKey Technologies and a Canadian non-profit coalition have received a grant from a research center funded by the U.S. Department of Homeland Security to help build a digital identity network, the Toronto-based tech company said on Tuesday. ZTE warns of impact of U.S. sanction settlement penalties HONG KONG (Reuters) - Chinese telecom equipment maker ZTE Corp warned on Tuesday that penalties it expects to incur for allegedly breaking U.S. sanctions against Iran could impact its results. Related Video Scientists find crop-destroying caterpillar spreading across Africa A decades-long running solar-powered water maker 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