Reuters Technology Report: June 9, 2017

Click to View in Browser Friday, June 9, 2017 Yahoo shareholders approve sale of core business to Verizon (Reuters) - Yahoo Inc shareholders on Thursday approved the company's pending sale of its core internet business to Verizon Communications Inc for $4.48 billion, according to preliminary results from a shareholder meeting. SoftBank to buy robotics businesses from Alphabet Inc TOKYO (Reuters) - SoftBank Group Corp said it would buy two firms that build walking robots from Google's parent company, Alphabet Inc , adding to the Japanese company's growing artificial intelligence portfolio. Data center company Digital Realty to buy DuPont Fabros in $7.6 billion deal (Reuters) - Data center company Digital Realty Trust Inc said it would buy DuPont Fabros Technology Inc for an enterprise value of about $7.6 billion. EU seeks to expedite police requests for data from tech firms BRUSSELS (Reuters) - The European Union wants to make it easier for law enforcement authorities to get electronic evidence directly from tech companies, such as Facebook Inc and Alphabet Inc's Google, even when stored in another European country. India's Infosys denies promoters selling stake in company MUMBAI (Reuters) - Infosys Ltd denied a media report on Friday that the founders of India's second-biggest software services exporter were looking to sell their entire 12.75 percent stake in the company. TF1, ProSieben, Mediaset launch trading platform for video ads FRANKFURT (Reuters) - European broadcasters TF1, ProSiebenSat.1 and Mediaset plan to set up a joint trading platform for digital video advertising to appeal to media agencies planning continent-wide campaigns. Alibaba CFO says expects revenue growth of 45-49 percent in FY2018 BEIJING (Reuters) - Alibaba Group Holding Ltd expects revenue growth of 45-49 percent in the 2018 fiscal year, said Chief Financial Officer Maggie Wu on Thursday during an investor conference in Hangzhou, China. Bain replacing KKR in Japan government-backed bid for Toshiba chip unit: sources SAN FRANCISCO/TOKYO (Reuters) - Bain Capital is replacing rival KKR & Co LP in a Japanese government-led consortium bidding for Toshiba Corp's prized chip unit, two sources familiar with the matter said. JD.com says plans to invest in Thailand by end of year HONG KONG (Reuters) - JD.com Inc, China's second-largest e-commerce company, plans to invest in Thailand by the end of this year, expanding its footprint beyond Indonesia which currently accounts for almost all of its overseas business. Venture capitalist DST Global sees $4 trillion of new internet firms by 2025 HONG KONG (Reuters) - A surge in online consumer spending globally in coming years will create $4 trillion worth of new internet companies by the middle of the next decade, billionaire investor Yuri Milner, founder of venture capitalist DST Global, said on Friday. Related Video Colouring book comes to life as AR gets creative Interactive instrument uses music for child therapy and learning 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