Thursday, September 1, 2016

LG Electronics says to partner with Amazon on smart homes

SEOUL (Reuters) - South Korea's LG Electronics Inc said on Friday it is partnering with Amazon.com Inc on smart-home services, enabling the U.S. company's services such as the Alexa virtual assistant on some of the electronics maker's devices.

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Samsung Electronics considering recall of Galaxy Note 7 smartphones: source

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd is considering a recall of its Galaxy Note 7 devices amid reports that some of the premium phones are catching fire due to battery problems, a person familiar with the matter told Reuters on Friday.

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EU's Vestager warns others, says Apple could cut bill

BRUSSELS (Reuters) - Other multinationals which do not employ as extreme Irish tax schemes as Apple but shift profits via the country to tax havens could also be breaching EU rules, Competition Commissioner Margrethe Vestager said on Thursday.

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Pennsylvania reinstates Uber's record $11.4 million fine

(Reuters) - A Pennsylvania regulator on Thursday reinstated a record $11.4 million fine against the popular ride-sharing service Uber Technologies Inc for operating illegally in the state in 2014.

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Exclusive: HP Enterprise in talks to sell software unit to Thoma Bravo - sources

(Reuters) - Hewlett Packard Enterprise Co (HPE) is in talks with buyout firm Thoma Bravo LLC to sell its software division, hoping it can fetch between $8 billion and $10 billion, according to people familiar with the matter.

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EU ruling on Apple's Irish tax is 'total political crap': CEO

DUBLIN/BRUSSELS (Reuters) - Apple's Chief Executive Tim Cook described an EU ruling that it must pay a huge tax bill to Ireland as "total political crap", but France joined Germany on Thursday in backing Brussels as transatlantic tensions grow.

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French finance minister says 'normal that Apple should pay normal taxes'

PARIS (Reuters) - The European Commission was right to order Apple to pay 13 billion euros ($14.48 billion) in back tax, French Finance Minister Michel Sapin said on Thursday, backing Brussels as tensions flare with Washington over the ruling.

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