Reuters Technology Report: July 7, 2017

Click to View in Browser Friday, July 7, 2017 Toshiba under pressure to consider 'Plan B' as chip sale falters: sources TOKYO (Reuters) - As the $18 billion sale of Toshiba Corp's memory chip unit to a government-approved consortium falters, some bankers and potential investors are pressing the board to seriously consider alternatives, people with direct knowledge of the sale process said - including picking a new buyer. Germany says cyber threat greater than expected, more firms affected HAMBURG (Reuters) - Germany's BSI federal cyber agency said on Friday that the threat posed to German firms by recent cyber attacks launched via a Ukrainian auditing software was greater than expected, and some German firms had seen production halted for over a week. Samsung Electronics tips record second-quarter profit as memory prices surge SEOUL (Reuters) - Samsung Electronics Co Ltd on Friday said its second-quarter operating profit likely rose 72 percent from a year earlier to a new record, beating analyst estimates, as strong memory chip prices helped widen margins. Qualcomm accuses Apple of infringing six patents in iPhone, iPad WASHINGTON (Reuters) - Chipmaker Qualcomm Inc will ask the U.S. International Trade Commission to bar Apple Inc from selling some iPhones and iPads in the United States that use chips made by competitor Intel Corp on the grounds that the devices infringe on six Qualcomm patents. LG Electronics second quarter profit likely to miss estimates on mobile unit woes SEOUL (Reuters) - South Korea's LG Electronics Inc estimated that its second-quarter operating profit rose 14 percent from a year ago, but fell short of expectations as the mobile division's struggles likely continued. Tesla April registrations drop in key California market SAN FRANCISCO (Reuters) - Registrations of Tesla Inc vehicles in California, by far the largest market of the luxury electric car maker, fell 24 percent in April from a year ago, according to data from IHS Markit. Google says its service disruption issue resolved (Reuters) - Some of Alphabet Inc's Google services including, Admin Console, Calendar and Hangouts, suffered some service disruption on Thursday but the outages have now been resolved, according to Google service status page. Canon drops to more than two-month low after EU threatens huge fine TOKYO, July 7 (Reuters) - Canon Inc's stock fell to its lowest levels in more than two months on Friday after EU regulators said they may fine it up to 10 percent of annual revenue for jumping the gun in its acquisition of Toshiba Corp's medical unit. Maersk says too early to predict financial impact of cyber attack SHANGHAI (Reuters) - Maersk said it was too early to predict the financial impact of last month's global Petya cyber attack that hit the shipping giant's computers and delayed cargoes, but added that normal operations had resumed at its ports. China urges GM, Mercedes-Benz and Volkswagen to recall cars with faulty air bags SHANGHAI (Reuters) - China's top quality watchdog has asked General Motors, Daimler's Mercedes-Benz and Volkswagen to fulfill their obligations to recall vehicles in China affected by faulty Takata air bags, it said in a statement. Related Video Tesla shares crushed on eve of Model 3 debut Dr Robot to help fix your knee 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