Reuters - Technology Report

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Tuesday, January 9, 2018

IPhone addiction may be a virtue, not a vice for investors

NEW YORK (Reuters) - Apple Inc investors are shrugging off concerns raised by two shareholders about kids getting hooked on iPhones, saying that for now a little addiction might not be a bad thing for profits.

Intel says Mobileye's autonomous driving tech to be used in two million vehicles

(Reuters) - Intel Corp Chief Executive Brian Krzanich said on Monday 2 million vehicles from BMW , Nissan Motor Co Ltd and Volkswagen AG would use its unit Mobileye's autonomous vehicle technology to crowdsource data for building maps that enable autonomous driving.

Microsoft halts some AMD chip Meltdown patches after PCs freeze

FRANKFURT (Reuters) - Microsoft Corp said on Tuesday it had suspended patches to guard against Meltdown and Spectre security threats for some computers running AMD chipsets after complaints by AMD customers that the software updates froze their machines.

Cryptocurrency may be getting quietly channeled to North Korea university: report

SEOUL (Reuters) - A cybersecurity company said it has found software that appears to install code for mining cryptocurrency and sends any mined coins to a server at a North Korean university, the latest sign that North Korea may be searching for new ways to infuse its economy with cash.

Huawei's global ambitions hit by AT&T phone distribution deal's collapse

HONG KONG (Reuters) - Huawei Technologies Co Ltd's [HWT.UL] planned deal with U.S. carrier AT&T Inc to sell its smartphones in the United States has collapsed at the eleventh hour, people with knowledge of the matter said, in a blow to the Chinese firm's global ambitions.

Samsung profit guidance disappoints, memory outlook cloudy

SEOUL (Reuters) - Samsung Electronics Co Ltd said it would likely rake in a record fourth-quarter profit but the guidance fell short of consensus estimate, spooking investors already worried that a memory chip boom could be ending sooner rather than later.

China's Didi Chuxing to launch bike-sharing platform and brand

SHANGHAI (Reuters) - Chinese ride-hailing application Didi Chuxing plans to launch a bike-sharing platform within its app that will host partner firms such as Ofo as well as its own bike-sharing brand, the company said on Tuesday.

Alibaba will 'seriously consider' Hong Kong listing, says founder Ma

SHANGHAI/HONG KONG (Reuters) - Alibaba Group Holding Ltd will "seriously consider" listing in Hong Kong, founder Jack Ma said, potentially providing a powerful boost to the financial hub which is preparing to allow dual-class share listings.

China's Huawei says flagship smartphone will not be sold by U.S. carriers

HONG KONG (Reuters) - Huawei Technologies said on Tuesday that its flagship smartphone Mate 10 Pro will be sold in the United States through the open channel and not by U.S. carriers.

Philippine SEC warns investors: Be cautious with initial coin offerings

MANILA (Reuters) - The Philippines' Securities and Exchange Commission on Tuesday warned investors to exercise caution when invited to participate in initial coin offerings (ICOs) involving cryptocurrencies.