Reuters Technology Report: August 7, 2017

Click to View in Browser Monday, August 7, 2017 Tesla seeks to raise $1.5 billion to fund Model 3 production (Reuters) - Tesla Inc said on Monday it intends to raise about $1.5 billion in a bond offering as the U.S. automaker seeks to fund the production of its newest electric sedan, the Model 3. Samsung scion Lee fights back tears as prosecutors seek 12 years' jail SEOUL (Reuters) - Samsung Electronics Vice Chairman Jay Y. Lee fought back tears and denied wrongdoing on Monday as prosecutors sought a 12-year jail term on charges that include bribing the former president to help cement control of the South Korean tech giant. Toshiba may gain auditor sign-off, reducing delisting risk: media TOKYO (Reuters) - Toshiba Corp may gain a partial endorsement from its auditor for its annual financial results after disagreements over accounting for the much of the year, Japanese media reported - a step that would lessen, but not remove, the risk of a delisting. Cyber threats prompt return of radio for ship navigation LONDON (Reuters) - The risk of cyber attacks targeting ships' satellite navigation is pushing nations to delve back through history and develop back-up systems with roots in World War Two radio technology. SoftBank CEO says interested in investing in Uber, Lyft TOKYO (Reuters) - SoftBank Group CEO Masayoshi Son said he was interested in investing in ride-hailing firms Uber Technologies and Lyft but had not made a decision. WeWork to invest $500 million to expand in Southeast Asia, South Korea HONG KONG (Reuters) - New York-based startup WeWork on Monday said it will invest $500 million in Southeast Asia and South Korea in its latest effort to tap growing demand for shared office space in Asia. U.S. cable firms embrace former foe Netflix as TV viewing shifts (Reuters) - A growing number of U.S. cable operators are forming alliances with Netflix Inc NFLX.O, a shift that is helping the streaming pioneer add customers as its largest single market matures. Fintech firm Fiserv raises offer for Monitise to $98 million (Reuters) - U.S. financial technology provider Fiserv made an improved offer for Monitise worth about 75 million pounds ($98 million) on Monday, hoping to secure backing from the British financial services technology group's investors. India's Eros in early talks with Apple, others to sell content library: source MUMBAI (Reuters) - Indian movie production house Eros Group is in preliminary talks with Apple and other major content distributors to sell its entire content library of films and music, a source familiar with the matter told Reuters on Monday. UK government sets out tougher guidelines to protect smart cars from hackers LONDON (Reuters) - The British government issued new guidelines on Sunday requiring manufacturers of internet-connected vehicles to put in place tougher cyber protections to ensure they are better shielded against hackers. Related Video Toyota and Mazda join forces to build U.S. plant Toyota and Mazda join forces to build U.S. plant 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