From Reuters: Technology News: U.S. formally launches probe of China’s intellectual property practices

WASHINGTON (Reuters) – The United States on Friday formally launched an investigation into China’s alleged theft of U.S. intellectual property, a widely expected move following a call from President Donald Trump earlier this week to determine whether a…

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From Reuters: Technology News: BlackBerry rally derailed as investors lose patience on turnaround

TORONTO (Reuters) – BlackBerry Ltd shares have been plunging from their more than two-year high hit in June after lackluster earnings and competitive threats have raised doubts about prospects for a turnaround at the business software maker.

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From Reuters: Technology News: Nestle defends ‘Kit Kat’ campaign against Atari ‘Breakout’ lawsuit

(Reuters) – Nestle SA on Friday paddled back claims in a new lawsuit in which Atari SA accused the Swiss food company of pilfering its classic 1970s video game “Breakout” to help sell Kit Kat chocolate-covered wafer bars.

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From Reuters: Technology News: China Unicom’s $12 billion ownership-reforms plan mired in confusion

HONG KONG (Reuters) – Telecoms group China Unicom’s $11.7 billion ownership-reforms plan, billed as a model case for revitalizing Chinese state firms with private capital, remained under a cloud on Friday, with confusion about fundraising details persi…

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From Reuters: Technology News: Top fund investors pumped brakes on fast-rising Tesla: filings

BOSTON (Reuters) – Top Tesla Inc investors Fidelity Investments and T. Rowe Price cut their holdings in the second quarter and indicated they were taking profits from the electric car maker stock, which is up 65 percent this year.

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