Amazon has French grocery market in its sights, French boss tells paper

PARIS (Reuters) - U.S. e-commerce giant Amazon aims to launch its grocery delivery service in France as part of global ambitions to expand in food retail, though the move is not imminent, its general manager for France said in a newspaper interview.

more..

Porsche could build flying taxis, says sales chief

FRANKFURT (Reuters) - Volkswagen's sports car maker Porsche could develop a flying passenger vehicle to compete with rivals in a possible market for urban air taxis and ride-sharing services, Porsche sales chief Detlev von Platen told a German magazine.

more..

EU eyes tax on tech giants closer to 2 percent than 6 percent of revenue: Le Maire

PARIS (Reuters) - The European Union this month will unveil plans to tax large global tech companies' revenue at a rate in the 2-to-6-percent range, though more likely closer to 2 than to 6 percent, French Finance Minister Bruno Le Maire said in a newspaper interview.

more..

Dialog expects to supply chips to Apple through 2020: CEO in paper

FRANKFURT (Reuters) - Dialog Semiconductor expects Apple , its top customer, to use its chips for a significant proportion of its devices in 2019 and 2020, Chief Executive Jalal Bagherli told a German newspaper.

more..

Equifax breach could be most costly in corporate history

NEW YORK/TORONTO (Reuters) - Equifax Inc said it expects costs related to its massive 2017 data breach to surge by $275 million this year, suggesting the incident at the credit reporting bureau could turn out to be the most costly hack in corporate history.

more..

Deason sues Xerox to allow new board nominations

(Reuters) - Hedge fund manager Darwin Deason filed a new lawsuit against Xerox Corp on Friday after it refused to allow him to make nominations to its board after a deadline, the latest blows in a row over its proposed merger with Fujifilm Holdings Corp .

more..

U.S. Congress to vote on allowing spectrum auction for 5G networks

WASHINGTON (Reuters) - Republican and Democratic lawmakers have reached agreement to allow for the sale of spectrum to speed up the introduction of next-generation 5G wireless networks, congressional leaders said on Friday.

more..

Broadcom return to the U.S. could be complete in mid-May: sources

WASHINGTON (Reuters) - Singapore-based chipmaker Broadcom Ltd, which is seeking to buy rival Qualcomm Inc, plans to complete its move back to the United States by mid-May, according to sources familiar with the matter.

more..

Head of games at Angry Birds firm goes after profit warning

HELSINKI (Reuters) - "Angry Birds" maker Rovio said on Friday its head of games was leaving, a week after the Finnish company issued a profit warning that sent its shares plunging 50 percent.

more..

Trading firm Virtu distances itself from phony cryptocurrency

NEW YORK (Reuters) - Virtu Financial Inc on Friday distanced itself from a fake cryptocurrency called VirtCoin that falsely claims to be affiliated with the global trading firm, highlighting the potential risks associated with the digital currency craze.

more..

Source: Reuters