Reuters Technology Report: In Silicon Valley, much-feared tax bill pays dividends for workers

Click to View in Browser Friday, December 22, 2017 In Silicon Valley, much-feared tax bill pays dividends for workers SAN FRANCISCO (Reuters) - The U.S. tax overhaul is a boon to Silicon Valley technology companies like Apple Inc and Alphabet Inc , which will enjoy big tax cuts and the chance to bring back billions of dollars from overseas at a reduced rate. Exclusive: U.S. experts resign from monitoring China's ZTE Corp - sources (Reuters) - Two consulting firms hired to help the United States police ZTE Corp's compliance with trade sanctions have resigned, according to four people familiar with the matter. Belarus adopts crypto-currency law to woo foreign investors MINSK (Reuters) - Belarus has legalized transactions in crypto-currencies, part of a drive to foster private sector growth and attract foreign investment by liberalizing parts of its Soviet-style economy. Alphabet's Eric Schmidt to step down as executive chairman SAN FRANCISCO (Reuters) - Alphabet Inc said on Thursday its Executive Chairman Eric Schmidt will step down in January, ending a 17-year-run in which he played a central role in building a promising startup called Google into a global technology powerhouse. Robot growing pains: Two U.S. factories show tensions of going digital COLUMBUS, Ind. (Reuters) - When Sandy Vierling took a job at a new robot-packed factory her company built just a few miles from an older plant where she made automotive exhaust systems, she crossed into the future of manufacturing in the United States. As energy markets evolve, blockchain powers up SINGAPORE (Reuters) - Energy startups have been using blockchain to power electricity sharing in microgrid trials from Texas to Tasmania for a year or so. Bracing for EV shift, NGK Spark Plug ignites all solid-state battery quest NAGOYA, Japan (Reuters) - Facing the eventual demise of gasoline engines, the world's biggest maker of spark plugs is turning its focus to a component it believes will be just as vital in the coming era of electric vehicles - next-generation all solid state batteries. Exclusive: IPO hopeful Xiaomi set to blow past 2017 revenue target - sources HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Inc has told bankers it would top its annual revenue target by as much as 18 percent, sources with knowledge of the matter said, marking a comeback from a sales slump in recent years that triggered a business overhaul. Britain's digital banks: profitable or just popular? LONDON (Reuters) - British app-based bank Monzo and others like it want to make money by allowing other firms access to their customers rather than lending to them, but this is an untested path to profitability. Japan Display says reports of seeking funds not true, wants partner TOKYO (Reuters) - Smartphone screen maker Japan Display Inc said in a statement on Friday that recent reports that it was seeking funds were not true, and that it was seeking a partnership with a "global company". Related Video Facebook, Universal Music strike licensing deal Folding helmet takes hassle out of cycling safety 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

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