Reuters Technology Report: July 10, 2017

Click to View in Browser Monday, July 10, 2017 Trump backtracks on cyber unit with Russia after harsh criticism WASHINGTON (Reuters) - U.S. President Donald Trump on Sunday backtracked on his push for a cyber security unit with Russia, tweeting that he did not think it could happen, hours after his proposal was harshly criticized by Republicans who said Moscow could not be trusted. Russia causing cyber mayhem, should face retaliation: ex-UK spy chief LONDON (Reuters) - Russia is causing cyberspace mayhem and should face retaliation if it continues to undermine democratic institutions in the West, the former head of Britain's GCHQ spy agency said on Monday. Jawbone's demise a case of 'death by overfunding' in Silicon Valley SAN FRANCISCO (Reuters) - Consumer electronics company Jawbone had more than enough money to take on Fitbit and other health-tracking devices in the "wearables" market. Apple to build second renewables-powered data center in Denmark COPENHAGEN (Reuters) - Apple Inc said Monday it will spend 6 billion Danish crowns ($921 million) on a new data center in Denmark, its second in the Nordic country to run entirely on renewable energy. Deutsche Boerse invests in bond trading platform Trumid: sources NEW YORK (Reuters) - German exchange operator Deutsche Boerse Group has made a $10 million investment in Trumid, a New York-based financial technology startup that runs an electronic corporate bond trading platform, people familiar with the deal said. India's biggest stock exchange grapples with system fault ahead of IPO MUMBAI (Reuters) - A technical glitch shut down India's National Stock Exchange (NSE) for five hours on Monday, dealing the country's biggest stock exchange an embarrassing blow ahead of its plans to list as volumes on a rival bourse surged. Franco-German meeting to focus on tax, tech: Elysee PARIS (Reuters) - This week's first Franco-German ministerial meeting since Emmanuel Macron's election is not expected to yield precise proposals on euro zone reforms, but will feature announcements on start-up funding, sources at the French president's office said on Monday. Nikkei to remove Toshiba from stock average, add Seiko Epson TOKYO (Reuters) - Nikkei Inc on Monday said it would remove Toshiba Corp from the Nikkei stock average, effective Aug. 1, and add Seiko Epson Corp. India telecom operator Reliance Jio investigating claims of data breach MUMBAI (Reuters) - India's Reliance Jio is investigating whether personal data of over 100 million of its customers had leaked onto a website, in what analysts said could be the first ever large-scale breach at an Indian telecom operator. Facebook's Oculus cuts price of virtual reality set, matching rival SAN FRANCISCO (Reuters) - Oculus, the virtual reality company owned by Facebook Inc, is temporarily cutting the price of its hardware, as the industry tries to figure out why the technology for immersive games and stories has not taken off among consumers. Related Video New waste water system promises eco benefits Tesla Model 3 rollout eclipsed by stock tumult 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