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Tesla, Panasonic to collaborate on solar cells production

A man looks around Tesla Motors’ Model S P85 at its showroom in Beijing January 29, 2014. REUTERS/Kim Kyung-Hoon/File Photo Elon Musk’s Tesla Motors said it would collaborate with Japan’s Panasonic Corp to manufacture solar cells and modules in New York. More »

Ben Affleck`s `The Accountant` dominates with $24.7 million

Cast member Ben Affleck (3rd L) poses with co-star Anna Kendrick (2nd L), as cast members J.K. Simmons (L), Cynthia Addai-Robinson and John Lithgow watch, at the premiere of ”The Accountant” at the TCL Chinese theatre in Hollywood, California U.S., October 10,... More »

Golfing great Arnold Palmer, who led `Arnie`s Army,` dies at 87

Arnold Palmer of the U.S. waves to the crowd as he stands on the 18th green during the Champion Golfers’ Challenge tournament ahead of the British Open golf championship on the Old Course in St. Andrews, Scotland, July 15, 2015. REUTERS/Russell Cheyne Stokes More »

Sensing threat, UPS plans to expand its 3D printing operations

United Parcel Service air craft are being loaded with air containers full of packages bound for their final destination at the UPS Worldport All Points International Hub during the peak delivery month in Louisville, Kentucky December 3, 2015. REUTERS/John Somm... More »

Tokyo gamers slapped down for virtual groping

A man touches a mannequin as he tries out a M2 Co.Ltd’s ‘E-mote’ system and the monitor shows the image from the VR device at Tokyo Game Show 2016 in Chiba, east of Tokyo, Japan, September 15, 2016. REUTERS/Kim Kyung-Hoon/File photo Virtual reality got a littl... More »

Samsung Electronics says sold shares in four companies

The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, July 4, 2016. REUTERS/Kim Hong-Ji/File Photo Tech giant Samsung Electronics Co Ltd said on Sunday it sold shares in four companies including ASML Holding NV and Seagate Technolo... More »

`Sully` Flies High to $35.5 Million U.S. Opening

Cast member Tom Hanks poses at the premiere of ‘Sully’ in Los Angeles, California U.S., September 8, 2016. REUTERS/Mario Anzuoni By Dave McNaryLOS ANGELES (Variety.com) – Tom Hanks’ “Sully” has taken off with a stellar $35.5 million at 3,525 North American loc... More »

LG Electronics says to invest in robot technology

People walk past a LG Electronics logo during the Mobile World Congress in Barcelona, Spain, February 25, 2016. REUTERS/Albert Gea/File Photo South Korea’s LG Electronics Inc said on Sunday it will aggressively invest in robots, seeking to capitalize on advanc... More »

Sharp wants to team up with Japan Display in OLED: Nikkei

A man using his mobile phone walks past Sharp Corp’s liquid crystal display monitors showing the company logo in Tokyo, Japan, March 30, 2016. REUTERS/Yuya Shino/File Photo Japan’s Sharp Corp (6753.T) is hoping to team up with its domestic rival Japan Display ... More »

LG Display sees signs of display market improvement

PAJU, South Korea South Korea’s LG Display Co Ltd is seeing signs of improvement in the display panel industry and expects its business performance to pick up in the second half of the year, the firm’s chief executive said. “There is a sign of things changing ... More »

U.S. investigates security of mobile devices

WASHINGTON The Federal Communications Commission and Federal Trade Commission have asked mobile phone carriers and manufacturers to explain how they release security updates amid mounting concerns over security vulnerabilities, the U.S. agencies said on Monday... More »

‘Jungle Book’ Rules Over ‘The Huntsman: Winter’s War’

LOS ANGELES (Variety.com) – Disney’s “The Jungle Book” showed serious traction at the North American box office, dominating moviegoing for a second straight weekend with $60.8 million at 4,028 locations. The family-friendly tentpole declined only 41% from its ... More »

Box Office: ‘Jungle Book’ opens to smashing $103.6 million

LOS ANGELES (Variety.com) – “The Jungle Book” dominated the weekend box office, grossing a massive $103.6 million, and extending the Walt Disney Company’s success in making live action versions of its classic animated features. That ranks as the second biggest... More »

Sharp, Foxconn to sign deal next week: sources

TOKYO Sharp Corp (6753.T) and Taiwan’s Foxconn are set to sign a takeover deal next week after repeated delays, with the two sides set to agree on a smaller bailout than originally planned for the troubled Japanese electronics maker, two sources familiar with ... More »

Panasonic to abandon 10 trillion yen 2019 sales target: Nikkei

Japanese electronics maker Panasonic Corp will scrap its 10 trillion yen ($88.93 billion) group sales target for fiscal year ending March 2019 due to a cooling global business environment, the Nikkei reported. The company is now targeting sales of about 9 tril... More »

Canon closes in on Toshiba’s medical unit after fierce bidding

TOKYO Toshiba Corp (6502.T) has granted Canon Inc (7751.T) exclusive negotiating rights for its medical equipment unit after a hotly contested auction, with a report putting Canon’s offer at more than 700 billion yen ($6.2 billion). The conglomerate put Toshib... More »

Sharp liabilities list covered worst-case scenarios: source

TOKYO Sharp Corp’s (6753.T) list of liabilities that prompted Taiwan’s Foxconn to suspend signing a takeover deal was an unverified study of worst-case scenario risks, rather than liabilities requiring disclosure, a source briefed on the matter said. The list,... More »

Viacom weighs selling minority stake in Paramount film unit

Viacom Inc (VIAB.O) is considering selling a “significant” minority stake in its Paramount Pictures movie studio, Chief Executive Philippe Dauman said on Tuesday In the face of weak advertising sales and poor ratings at its cable networks, investors have been ... More »

LG Elec says to boost marketing spend in G5 sales push

SEOUL Smartphone maker LG Electronics Inc plans to boost marketing spend in a bid to lift sales of its new flagship handset, the South Korean firm’s mobile division chief said. LG is trying to establish itself as a top smartphone player with the G5, which was ... More »

Box Office:‘Kung Fu Panda 3’ trumps ‘Hail, Caesar!

LOS ANGELES (Variety.com) – Hollywood fumbled the ball during a quiet Super Bowl weekend at the multiplexes as new releases such as “Hail, Caesar!” and “Pride and Prejudice and Zombies” failed to make much noise. For the second weekend in a row, DreamWorks Ani... More »

Nokia boosts revenue with Samsung patent resolution

HELSINKI Finland’s Nokia on Monday settled its patent dispute with South Korea’s Samsung, saying the arbitration verdict would boost its patent sales by hundreds of millions of euros. Nokia said the settlement would lift sales at its patent unit Nokia Technolo... More »

Apple building secret team to work on virtual reality: FT

Apple Inc has assembled a large team of experts in virtual and augmented reality and built prototypes of headsets that could one day rival Facebook’s Oculus Rift or Microsoft’s Hololens, the Financial Times reported. A secret research unit, housing hundreds of... More »

Hollywood studios, Sky spar with EU antitrust regulators

BRUSSELS – NBCUniversal, Disney and four other U.S. studios together with Sky UK on Monday rebuffed European Union charges of anti-competitive movie-licensing deals in a crucial hearing ahead of a decision later this year. The companies’ defense at a three-day... More »

Israel brings tech expertise to protecting connected cars

TEL AVIV Building on its expertise in technology, Israel is emerging as a leader in the race to keep cars secure and prevent the nightmare scenario of a hacker commandeering your vehicle. Most cars today are equipped with some level of connectivity and self-dr... More »

Netflix goes global, reaches most countries except China

Netflix Inc’s video-streaming service went live in more than 130 countries on Wednesday, covering almost the entire globe except China, in a huge global push by Chief Executive Reed Hastings to counter slowing growth in the United States. Shares of the company... More »

Robert Loggia, ‘Scarface’ and ‘Big’ actor, dies at 85

Robert Loggia, the gravelly voiced character actor who danced with Tom Hanks on a giant floor keyboard in “Big,” fought aliens in “Independence Day” and trafficked in drugs in “Scarface,” died on Friday at age 85, his widow said. Loggia, who was nominated for ... More »

Japan Display says wouldn’t turn down a partnership with Sharp

TOKYOThe head of smartphone screen maker Japan Display Inc said he would not turn down a partnership with embattled rival Sharp Corp amid speculation that Japan Display’s top investor, a state-backed fund, wants a tie-up between the two. People close to the ma... More »

‘Spectre’ tops ‘The Peanuts Movie’ with $73 million

LOS ANGELES, (Variety.com) – James Bond and Charlie Brown brought the box office roaring back to life, as “Spectre” and “The Peanuts Movie” attracted big crowds over their opening weekends. “Spectre,” the latest 007 adventure, took first place, debuting to $73... More »

Cyber insurance premiums rocket after high-profile attacks

BOSTON A rash of hacking attacks on U.S. companies over the past two years has prompted insurers to massively increase cyber premiums for some companies, leaving firms that are perceived to be a high risk scrambling for cover. On top of rate hikes, insurers ar... More »

Japan-backed fund considering investing in Sharp: source

TOKYO A Japanese government-backed fund is considering a range of options to help turn around Sharp Corp including a direct investment, a person familiar with the matter said. A direct investment would mark a shift in thinking at the Innovation Network Corpora... More »

Sony proceeds with plan to sell music publishing unit: WSJ

Sony Corp (6758.T) is proceeding with a plan to sell its half of Sony/ATV Music Publishing, the world’s largest music publisher, the Wall Street Journal reported. Sony, which owns the unit with Michael Jackson’s estate, recently triggered a clause in its contr... More »

‘The Martian’ triumphs with $55 million debut

LOS ANGELES (Variety.com) – “The Martian” blasted off with a massive $55 million this weekend, nearly surpassing another space-based adventure, “Gravity,” as the highest-grossing October debut in history. The Ridley Scott release was bolstered by rapturous rev... More »

GoPro shares could fall due strong competition: Barron’s

U.S. video camera maker GoPro Inc (GPRO.O) shares could plunge to $25 from a recent $35 as its latest product launch underwhelms consumers and competition comes on strong, Barron’s said in a report on Sunday. Barron’s said investors in GoPro are “skittish” abo... More »

U.S. startups aim to help seniors ‘age in place’

NEW YORK Shari Cayle, 75, called “Miracle Mama” by her family ever since she beat back advanced colon cancer seven years ago, is still undergoing treatment and living alone. “I don’t want my grandchildren to remember me as the sick one, I want to be the fun on... More »

‘War Room’ edging ‘Straight Outta Compton’ over slow weekend

LOS ANGELES (Variety.com) – Sony’s faith-based drama “War Room” has the edge on N.W.A biopic “Straight Outta Compton” with $9.3 million to lead the modest U.S. box office over the Friday-Sunday weekend. “Straight Outta Compton” took in $8.9 million at 3,094 lo... More »

Ashley Madison courted several buyers, landed none before attack

TORONTO The owner of adultery website Ashley Madison had already been struggling to sell itself or raise funds for at least three years before the publication of details about its members, according to internal documents and emails also released by hackers as ... More »

Shakira’s hit song ‘Loca’ not plagiarism, U.S. judge rules

NEW YORK A case in which pop star Shakira’s 2010 hit single “Loca” was found to be an illegal copy of a Dominican songwriter’s work came crashing down on Monday when a U.S. judge said the songwriter had lied to the court and the cassette tape on which his clai... More »

Box Office: ‘Fantastic Four’ bombs with $26.2 million weekend

LOS ANGELES (Variety.com) – Scathing reviews and an indiscreet tweet left “Fantastic Four” on the slab after the franchise reboot flopped at the weekend box office. Fox’s hopes of rejuvenating the comicbook characters and turning the super-team into a cinemati... More »

Comcast’s NBC blocks Sling TV ads, Dish says

NEW YORK Dish Network Corp said on Friday that Comcast Corp’s broadcast television network NBC is not airing ads promoting its Sling TV video streaming service in some markets. While NBC, part of Comcast’s NBCUniversal film and TV unit, has banned Sling TV ads... More »

Box Office: ‘Minions’ Dominates With $115.2 million Debut

LOS ANGELES, (Variety.com) – “Minions” ruled the weekend box office, racking up a massive $115.2 million in North America, for the second biggest animated film opening in history. The Universal and Illumination Entertainment spin-off to “Despicable Me” just mi... More »

Taiwan courts tech start-ups to drive economic growth

TAIPEI Companies such as electric motor scooter firm Gogoro could hold the key to Taiwan’s economic growth. In just three years, the start-up, which counts Japan’s Panasonic Corp as a strategic partner and Cher Wang, the founder of local smartphone maker HTC C... More »

Sony to raise up to $3.6 billion to boost sensor production

TOKYO Sony Corp said it plans to raise up to 440 billion yen ($3.6 billion) by issuing new shares and convertible bonds to invest in its fast-growing image sensors business. Sony said it expects to raise 321 billion yen from a public offering and 119 billion f... More »