Reuters Technology Report: July 3, 2017

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Monday, July 3, 2017

SK Hynix convertible bond proposal clouds prospects for Toshiba chip deal

SEOUL/TOKYO (Reuters) - SK Hynix Inc has proposed that its financing for a consortium picked as preferred bidder for Toshiba Corp's chip unit be done via convertible bonds, two sources said, providing it with a path towards an equity interest in the world's No.2 NAND chip maker.

Maersk brings all major IT systems back online after cyber attack

COPENHAGEN (Reuters) - Danish shipping giant A.P. Moller-Maersk said it has restored its major applications, as it brings its IT systems back online after being hit by a major cyber attack last week.

China's Tencent to limit play time of top-grossing game for children

HONG KONG (Reuters) - Tencent Holdings, China's biggest gaming and social media firm by revenue, said it will limit play time for some young users of "Honour of Kings", responding to complaints that children were getting addicted to the popular mobile game.

'Brain training' app improves memory in people with cognitive decline

LONDON (Reuters) - A brain training computer game developed by British neuroscientists has been shown to improve the memory of patients in the very earliest stages of dementia and could help such patients avert some symptoms of cognitive decline.

Indonesia sets tariff ranges for online car-hailing services

JAKARTA (Reuters) - Indonesia set minimum and maximum tariffs for online car-hailing services in a bid to ensure comparable pricing with conventional transport providers and address complaints of undercutting, sending shares of the nation's top two taxi firms soaring.

Mobile phone operator Play seeks $1.4 billion in Warsaw IPO

WARSAW (Reuters) - Play Communications, the owner of Poland's second biggest mobile network operator Play, plans to raise up to 5.2 billion zlotys ($1.40 billion) in an initial public offering (IPO) in Warsaw, it said on Monday.

Samsung Electronics to launch refurbished Note 7 phones in South Korea from July 7

SEOUL (Reuters) - Samsung Electronics Co Ltd said on Sunday it will start selling a refurbished version of the recalled Galaxy Note 7 smartphone in South Korea on July 7, using batteries different from those that caused some handsets to catch fire last year.

Ukraine points finger at Russian security services in recent cyber attack

KIEV (Reuters) - Ukraine said on Saturday that Russian security services were involved in a recent cyber attack on the country, with the aim of destroying important data and spreading panic.

Big pharma turns to AI to speed drug discovery, GSK signs deal

LONDON (Reuters) - The world's leading drug companies are turning to artificial intelligence to improve the hit-and-miss business of finding new medicines, with GlaxoSmithKline unveiling a new $43 million deal in the field on Sunday.

U.S. warns businesses of hacking campaign against nuclear, energy firms

TORONTO (Reuters) - The U.S government warned industrial firms this week about a hacking campaign targeting the nuclear and energy sectors, the latest event to highlight the power industry's vulnerability to cyber attacks.

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