Former Autonomy boss Lynch to fight U.S. fraud charges

The United States has filed criminal charges against British entrepreneur Mike Lynch over the $11 billion sale of Autonomy to Hewlett-Packard seven years ago, accusing him of making false statements that inflated the value of the software group.

from Reuters: Technology News https://ift.tt/2FRyuCY

Instagram's new feature allows users to share stories with smaller group

Facebook Inc's Instagram said on Friday it launched a new feature dubbed "Close Friends" allowing users to share their stories with a smaller group of people.

from Reuters: Technology News https://ift.tt/2rfn7ea

SoftBank becomes first Japan firm to forgo IPO price range, keeps view at 1,500 yen

SoftBank chalked up another first in Japan on Friday, setting a single indicative price of 1,500 yen for its telco IPO rather than a price range as usual, pegging the deal at 2.4 trillion yen ($21.16 billion) in the country's biggest-ever listing.

from Reuters: Technology News https://ift.tt/2FPnCWm

Rocket Internet sees net benefits to being public company

The chief executive of German ecommerce company Rocket Internet still sees net benefits to being a public company even though it has separately listed most of the companies it launched.

from Reuters: Technology News https://ift.tt/2rcYhLL

U.S. files criminal charges against Autonomy's Mike Lynch over HP sale: FT

The United States has filed criminal charges against Mike Lynch over the $11 billion sale of the British software company Autonomy to Hewlett-Packard seven years ago, the FT reported on Friday.

from Reuters: Technology News https://ift.tt/2SlcIc5

SoftBank sets indicative IPO price at 1,500 yen, unchanged from initial estimate

SoftBank chalked up another first in Japan on Friday, setting a single indicative price of 1,500 yen for its telco IPO rather than the usual range, pegging the share sale at 2.4 trillion yen ($21.16 billion) in the country's biggest-ever listing.

from Reuters: Technology News https://ift.tt/2Rp5Z0W

SoftBank sets indicative IPO price at 1,500 yen share, unchanged from initial estimate

SoftBank Corp has set an indicative price of 1,500 yen ($13.23) per share for its IPO, a regulatory filing showed on Friday, making the deal worth 2.4 trillion yen ($21.16 billion) in one of the world's biggest-ever listings.

from Reuters: Technology News https://ift.tt/2DSNaiM

Japan's SoftBank sets indicative IPO price at Y1,500 per share

SoftBank Corp has set an indicative price of 1,500 yen ($13.23) per share for its initial public offering (IPO), a regulatory filing showed on Friday, making the deal worth 2.4 trillion yen ($21.16 billion) in one of the world's biggest-ever listings.

from Reuters: Technology News https://ift.tt/2TXddLf

Nio, China rival to Tesla, says U.S. head to step down

The U.S. head of Nio Inc, an electric carmaker seen as one of the main Chinese rivals to Tesla Inc, will leave the company, the firm said in a filing on Friday, the first major management departure since its September IPO.

from Reuters: Technology News https://ift.tt/2TY1lJ2

GameStop cuts full-year profit forecast, shares fall 11 percent

GameStop Corp cut its full-year adjusted profit forecast, as the world's largest video game retailer struggles with weakness in used games from developers launching streaming services of old titles, sending its shares down 11.3 percent.

from Reuters: Technology News https://ift.tt/2FQvbfo

Samsung Elec says it will cancel $4.4 billion worth of shares

Samsung Electronics Co Ltd said on Friday it would cancel 4.9 trillion won ($4.4 billion) worth of its shares.

from Reuters: Technology News https://ift.tt/2rd8lVh

HP Inc revenue tops estimates on personal systems business

HP Inc's quarterly revenue beat analysts' estimates on Thursday, driven by growth in its personal systems business that sells notebooks and desktops and the acquisition of Samsung's printer business.

from Reuters: Technology News https://ift.tt/2FNoFGf

White House to hold roundtable with tech executives on innovation

The Trump administration, which has had sometimes strained relations with high-technology companies, will meet with top tech executives next week to discuss innovation and future jobs, several companies attending and a White House official said on Thursday.

from Reuters: Technology News https://ift.tt/2r8hrCC