Reuters Technology Report: February 21, 2017

Click to View in Browser Tuesday, February 21, 2017 Snap arrives in London to woo skeptical investors ahead of IPO LONDON (Reuters) - Snap Inc, owner of popular messaging app Snapchat, kicked off its first investor roadshow on Monday, looking to persuade London money managers to back its initial public offering in the face of concerns about its growth prospects, valuation and corporate governance. TransferWise launches international money transfers via Facebook NEW YORK (Reuters) - Money transfer company TransferWise has launched a new service that allows users to send money internationally through Facebook Inc's chat application, as competition in the digital payments landscape intensifies. Toshiba seeks $8.8 billion for chip unit stake as banks fret over risks TOKYO (Reuters) - Japan's Toshiba Corp wants to raise at least 1 trillion yen ($8.8 billion) by selling most of its flash memory chip business, seeking to create a buffer for any fresh financial problems, a source with direct knowledge of the matter said. EU privacy watchdogs say Windows 10 settings still raise concerns BRUSSELS (Reuters) - European Union data protection watchdogs said on Monday they were still concerned about the privacy settings of Microsoft's Windows 10 operating system despite the U.S. company announcing changes to the installation process. Toshiba wants to pick preferred bidder for chip unit sale by May: source TOKYO (Reuters) - Toshiba Corp wants to pick the preferred bidder or bidders for a majority stake in its chip unit by the end of May and will hold the first round of bids next month, a source with knowledge of the plan said. Telefonica to sell up to 40 percent of Telxius to KKR for 1.3 billion euros MADRID (Reuters) - Spain's Telefonica said on Tuesday it had agreed to sell up to a 40 percent stake in its telecom masts subsidiary Telxius to private equity firm KKR for 1.275 billion euros ($1.35 billion). Uber hires ex-U.S. Attorney General Holder to probe sexual harassment (Reuters) - Uber Technologies Inc has hired former U.S. Attorney General Eric Holder to conduct a review of sexual harassment claims at the ride-hailing service made by a former employee. Snap bets on hardware as Facebook threat looms SAN FRANCISCO (Reuters) - Snap Inc takes to the road in London on Monday to promote its initial public offering with a daring proposition: that it can build hot-selling hardware gadgets and ad-friendly software features fast enough to stay one step ahead of Facebook. Amazon to create over 5,000 jobs in Britain in 2017 LONDON (Reuters) - Online retailer Amazon is set to create more than 5,000 jobs in Britain this year, the company said on Monday, boosting its investment in the country once more even as it prepares to leave the European Union. Reliance Jio to offer bargain rates, crosses 100 million customers MUMBAI (Reuters) - Reliance Industries' Jio telecoms unit will charge a tariff for its services from April, but will offer sharp discounts for a year to those who sign up by the end of March, billionaire Indian owner Mukesh Ambani said on Tuesday. Related Video Anti-collision tech helps planes, drones 'see and avoid' Medieval skeleton gives clues to spread of leprosy 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