Reuters Technology Report: January 5, 2017

Click to View in Browser Thursday, January 5, 2017 Initial Samsung production target is 10 million Galaxy S8 phones: media SEOUL (Reuters) - Samsung Electronics Co Ltd has set an initial production target of 10 million Galaxy S8 smartphones, South Korea's Electronic Times reported on Thursday, citing unnamed sources. Ex-employee sues Snapchat, alleges it misled investors: Hollywood Reporter (Reuters) - A former employee has dragged Snapchat to court accusing the messaging app of misleading investors and trading partners to drive up its initial public offering, the Hollywood Reporter said citing a court document. U.S. Labor department sues Google for compensation data (Reuters) - The U.S. Department of Labor said on Wednesday it filed a lawsuit against Alphabet Inc's Google unit seeking access to the company's compensation data and documents as part of a routine compliance evaluation. Ford expands Alexa use, heating up auto personal assistant battle LAS VEGAS (Reuters) - Ford Motor Co is expanding the use of Amazon.com Inc's Alexa personal assistant in its vehicles to allow drivers to talk to their cars - demanding anything from a nearby cheeseburger to a weather forecast - marking a leap by the Detroit automaker to incorporate a technology initially targeted for home use. Uber drivers are employees 'eligible for company social security contributions': Swiss agency ZURICH (Reuters) - Uber drivers are employees for which the company must pay social security contributions, a Swiss insurance agency has ruled, dealing a blow to the U.S. ride-hailing platform that says drivers are freelance contractors. Apple pulls New York Times apps in China after government request BEIJING (Reuters) - Apple Inc has removed the New York Times Co's English- and Chinese-language news apps from its iTunes store in China following a request from the local authorities, the companies said separately on Thursday. Tesla starts battery cell production at gigafactory (Reuters) - Electric car maker Tesla Motors Inc has started mass production of lithium-ion battery cells at its gigafactory in Nevada along with Japan's Panasonic Corp, the company said on Wednesday. Sharp to consider listing its LCD venture with Foxconn: Nikkei TOKYO (Reuters) - Japan's Sharp Corp will consider an initial public offering for Sakai Display Products Corp, the LCD joint venture between it and Hon Hai Precision Industry Co (Foxconn) of Taiwan, the Nikkei business daily reported on Thursday. Apple confirms $1 billion investment in SoftBank tech fund (Reuters) - Apple Inc confirmed on Wednesday its plans to invest $1 billion in a tech fund being set up by Japan's SoftBank Group Corp . Ahead of key lender meetings, battered Toshiba expects support TOKYO (Reuters) - Toshiba Corp's chairman expects lenders to offer support during key meetings over the coming weeks, as the chips-to-construction conglomerate prepares to book a multi-billion dollar hit to its core nuclear arm. Related Video Selfie drones, personal robots, VR, centre stage at CES Start-ups take aim at errant drones 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 2017 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