Reuters Technology Report: Amid angst over iPhone X, Wall Street braces for weak forecast from Apple

Click to View in Browser Tuesday, January 30, 2018 Amid angst over iPhone X, Wall Street braces for weak forecast from Apple SAN FRANCISCO (Reuters) - When Apple Inc announces its first-quarter earnings on Thursday, investors will seek signs of whether the company's $999 iPhone X launched last autumn was a Steve Jobs-style hit or, as more analysts suspect, a letdown. SAP forces the pace on cloud, buys $2.4 billion U.S. software firm WALLDORF, Germany (Reuters) - Europe's top technology company SAP announced a $2.4 billion U.S. acquisition to help it boost revenues from its cloud platform and CEO Bill McDermott said it would streamline its overall business this year to bolster margins. Uber sells vehicle lease portfolio of unit to startup firm Fair (Reuters) - Ride-hailing firm Uber on Tuesday said it would sell vehicles and the existing lease portfolio of its auto-leasing business Xchange Leasing to startup digital car marketplace Fair. Canon sees 2018 profit jumping to decade high on cost cuts, medical unit TOKYO (Reuters) - Japan's Canon Inc said it expects operating profit to surge in 2018 to its highest level in a decade, helped by cost cuts in its copier and printer business as well as growth in new fields such as medical equipment and surveillance cameras. Fiat Chrysler, Waymo expand deal for self-driving public ride-hailing service DETROIT (Reuters) - Fiat Chrysler Automobiles NV (FCA) will provide Waymo with thousands of Pacifica hybrid minivans as Alphabet Inc's self-driving unit begins rolling out its first public ride-hailing service later this year, the companies said on Tuesday. BP invests $5 million in FreeWire in electric vehicle move (Reuters) - BP Plc said it had invested $5 million in U.S. mobile electric vehicle charging company FreeWire, helping it provide rapid charging at its retail sites in Britain and Europe, as demand for cleaner vehicles is expected to soar. Israel's Blockchain Mining looks at Nasdaq, Toronto listings TEL AVIV (Reuters) - Blockchain Mining Ltd said on Tuesday it was preparing to list its stock on Nasdaq and the Toronto Stock Exchange by July after Israel's market regulator said it might ban companies involved in cryptocurrencies from the Tel Aviv exchange. California start-up Nuro unveils autonomous delivery van, raises $92 million SAN FRANCISCO (Reuters) - Silicon Valley start-up Nuro said on Tuesday it raised $92 million to launch a self-driving delivery vehicle, joining automakers, shippers and a host of little-known companies developing autonomous vehicles for local commerce. Amazon, Berkshire, JPM to partner on cheaper healthcare for staff (Reuters) - Amazon.com Inc , Berkshire Hathaway and JPMorgan Chase & Co. are teaming up in a new venture aimed at lowering healthcare costs for their U.S. employees, the companies said on Tuesday. Japan's Renesas dismisses report on talks to buy Maxim TOKYO (Reuters) - Renesas Electronics Corp dismissed a media report that said the Japanese automotive chip maker was in talks to acquire U.S. chipmaker Maxim Integrated Products Inc. Related Video Brain-controlled robotic hand enhanced by sensory feedback Star Wars inspired arm allows amputee to play piano 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 2018 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