Reuters Technology Report: July 18, 2017

Click to View in Browser Tuesday, July 18, 2017 Toshiba shares jump by almost a fifth after Greenlight stake, court hearing TOKYO (Reuters) - Toshiba Corp shares jumped by nearly a fifth on Tuesday after a U.S. hedge fund said it had added a stake and the Japanese conglomerate avoided an immediate court injunction on a planned $18 billion sale of its chip business. Samsung Elec to recover rare metals from recalled Note 7s SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd said on Tuesday it plans to recover 157 tonnes' worth of rare metals from recalled Galaxy Note 7 smartphones in a bid to minimize the environmental impact of the fire-prone devices. Netflix beats subscriber targets, shares jump over 10 percent (Reuters) - Netflix Inc crushed Wall Street forecasts by adding 5.2 million new streaming customers in the second quarter and predicted continued momentum as foreign subscriptions topped those in the United States, lifting its stock 10.4 percent on Monday. Britain's cyber security center says has never certified Kaspersky products LONDON (Reuters) - Britain's National Cyber Security Centre said on Tuesday it had never certified products from Russian cyber security firm Kaspersky Lab. Major tech firms, internet providers clash over U.S. net neutrality rules WASHINGTON (Reuters) - Tech companies clashed with internet service providers on Monday over whether a landmark 2015 net neutrality order barring the blocking or slowing of web content should be scrapped by the U.S. Federal Communications Commission. U.S. appeals court upholds gag orders on FBI data surveillance WASHINGTON (Reuters) - A U.S. federal appeals court on Monday upheld nondisclosure rules that allow the FBI to secretly issue surveillance orders for customer data to communications firms, a ruling that dealt a blow to privacy advocates. Indian e-tailer Flipkart ups odds of buying Snapdeal with raised bid: sources MUMBAI (Reuters) - Indian e-commerce firm Flipkart's sweetened takeover offer of up to $950 million for Snapdeal has improved the chances of a deal between the two rivals, though some sticking points are still being hashed out, two sources familiar with the matter said. Two private equity groups submit bids for Hutchison fixed-line unit: sources HONG KONG (Reuters) - A consortium of private equity firms TPG Capital Management LP and MBK Partners, and investment manager I Squared Capital Advisors LLC have put in separate bids for the fixed-line phone unit of Hong Kong's richest man, Li Ka-Shing, said people involved in the matter. Qualcomm loses appeal against EU threat of daily fine BRUSSELS (Reuters) - U.S. chipmaker Qualcomm faces the threat of a daily fine of 580,000 euros ($665,000) for failing to provide EU antitrust regulators with information after losing an appeal against the penalty in a European Union court on Monday. FedEx says cyber attack to hurt full-year results (Reuters) - Package delivery company FedEx Corp said a disruption in services in its TNT Express unit following a cyber attack last month would hurt its full-year results. Related Video World's first formic acid-fuelled bus Wheelchair prototype lets users 'lean in' to turn 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