Reuters Technology Report: February 22, 2017

Click to View in Browser Wednesday, February 22, 2017 Confident Snap brushes off concerns on second day of IPO roadshow NEW YORK (Reuters) - Snap Inc, owner of popular messaging app Snapchat, fended off investor skepticism on the second day of its IPO roadshow on Tuesday, betting on the charisma of CEO Evan Spiegel, 26, whom it introduced as a "once in a generation founder." Verizon, Yahoo agree to lowered $4.48 billion deal following cyber attacks (Reuters) - Verizon Communications Inc said on Tuesday it would buy Yahoo Inc's core business for $4.48 billion, lowering its original offer by $350 million in the wake of two massive cyber attacks at the internet company. Exclusive: Facebook in talks to live stream one MLB game per week - sources NEW YORK (Reuters) - Facebook Inc is in talks with Major League Baseball to live stream one game per week during the upcoming season, which could be a key win as the social media platform works to offer more live sports, according to two people familiar with the situation. 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. Investors bet on Israel tech stock windfall under Trump TEL AVIV (Reuters) - Investors are betting heavily that Israeli defense and cyber-security firms will reap a windfall from President Donald Trump's big U.S. spending plans, although likely benefits for the wider economy remain like the man himself - hard to predict. UPS tests drone deliveries, eyes future price changes (Reuters) - Package delivery company United Parcel Service Inc said on Tuesday it will consider raising prices across the board in coming years to offset pressure on margins, particularly from the rising costs of delivering packages to e-commerce customers. 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. BMW, Mobileye in deal to collect map data for self-driving cars JERUSALEM (Reuters) - Israel's Mobileye and German automaker BMW said on Tuesday they signed an agreement to install Mobileye's data generation technology in BMW cars starting with 2018 models. 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. Related Video Coordinated drones fly in synchronized flocks Anti-collision tech helps planes, drones 'see and avoid' 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