Reuters Technology Report: February 9, 2017

Click to View in Browser Thursday, February 9, 2017 Exclusive: Tesla pausing factory for Model 3 preparation this month DETROIT/SAN FRANCISCO (Reuters) - Tesla Inc said on Wednesday it will shut down production at its California assembly plant for a week this month to prepare for production of its high-volume Model 3 sedan, moving the company closer to meeting its target to start production in July. Toshiba receives bids as high as $3.6 billion for chip business stake: source TOKYO (Reuters) - Toshiba Corp has received bids ranging from 200 billion yen to as much as 400 billion yen ($1.8-3.6 billion) for a 19.9 percent stake in its flash memory business, a person directly involved in the deal told Reuters on Thursday. Alibaba's Ant Financial to raise as much as $3 billion in debt: source HONG KONG (Reuters) - China's most valuable online finance company, Ant Financial, is in early stage talks with banks to raise between $2 billion to $3 billion in debt to fund acquisitions and foreign investments, a person with direct knowledge of the matter told Reuters. Nokia seeks to buy Finnish telecoms software firm Comptel for $370 million HELSINKI (Reuters) - Finnish telecoms equipment maker Nokia said on Thursday it is seeking to buy local company Comptel for 347 million euros ($370 million), as mobile operators increasingly rely on software to make their networks more intelligent. Intel uses White House Oval Office for splash on Arizona factory WASHINGTON (Reuters) - Intel Corp chose the White House Oval Office as its backdrop to announce a $7 billion investment in a previously shelved Arizona factory, which it said would create 3,000 jobs when it is up and running. Snap's older user base slowly growing ahead of IPO: analyst (Reuters) - Snap Inc's Snapchat lags far behind rival social media outlets Facebook Inc, Instagram and Twitter Inc in reaching older users, but the soon-to-be public company has been growing that crucial audience, analysis by MoffettNathanson of a regulatory filing showed. UK plans to remove insurance barriers for self-driving cars LONDON (Reuters) - Britain plans to introduce new insurance rules to ensure victims of accidents involving self-driving cars are compensated quickly in a bid to remove a major obstacle for the nascent industry. Cyber expert's arrest silences Russian contacts of some Western crime fighters SAN FRANCISCO/MOSCOW (Reuters) - Russian cyber-security experts have scaled back cooperation with Western contacts after one of their number was arrested in Moscow on treason charges, making it harder to fight global online crime, U.S. law-enforcement and industry sources say. NSA contractor indicted over mammoth theft of classified data (Reuters) - A former National Security Agency contractor was indicted on Wednesday by a federal grand jury on charges he willfully retained national defense information, in what U.S. officials have said may have been the largest heist of classified government information in history. Microsoft offers patent troll defense for cloud customers (Reuters) - Microsoft Corp has thought up another way to attract potential customers to its cloud computing service: deterrent against patent trolls. Related Video Tropical leaves could reduce cow emissions Electronic nose sniffs out diseases on a patient's breath 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