Verizon close to Yahoo deal, price cut of $250-350 million: sources

(Reuters) - Verizon Communications Inc is close to a revised deal to buy Yahoo Inc's core internet business for $250 million to $350 million less than the original agreed price of $4.83 billion, according to a source briefed on the matter.

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Toshiba may delay chip auction after widening sale to majority stake - source

TOKYO (Reuters) - Toshiba Corp may delay the sale of its prized flash-memory chip unit after the conglomerate said it would consider selling most, even all, of the marquee business, a person with direct knowledge of the matter said.

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Spotify to relocate U.S. headquarters to 4 World Trade Center

(Reuters) - New York Governor Andrew Cuomo said on Wednesday Swedish music service company Spotify will expand its U.S. headquarters and relocate it to 4 World Trade Center, creating more than 1,000 new jobs and retaining 832 jobs.

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Toyota sees plug-in hybrids catching on faster than conventional hybrids

TOKYO (Reuters) - Toyota Motor Corp's chairman, who led the development of the Toyota Prius, expects the latest plug-in hybrid vehicles (PHVs) will catch on with consumers far more rapidly than the original Prius did.

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Fossil's smartwatch push seen eating into margins

(Reuters) - Fossil Group Inc's shares plunged 20 percent to an eight-year low on Wednesday after the watchmaker's grim full-year forecast indicated that the company's push into smartwatch business would weigh on its margins.

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TripAdvisor revenue misses estimates, shares slip

(Reuters) - Travel review website TripAdvisor Inc reported lower-than-expected quarterly revenue, hurt by a fall in display advertisements on its websites and a drop in subscription revenue.

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Facebook launches app for watching its videos on TV

(Reuters) - Facebook Inc is launching an app for smart TVs that will help the social network's users enjoy its videos on a bigger screen.

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South Korea prosecutor says secured additional evidence against Samsung chief

SEOUL (Reuters) - South Korea's special prosecutor's office said on Wednesday it had expanded charges against Samsung Group chief Jay Y. Lee to include hiding the proceeds of a criminal act before it decided to seek a warrant for his arrest.

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SoftBank to buy Fortress Investment for $3.3 billion

TOKYO (Reuters) - Japan's SoftBank GroupĀ Corp on Wednesday said it has agreed to buy Fortress Investment GroupĀ LLC for about $3.3 billion, looking to add investment expertise as it prepares to launch the world's largest private equity fund.

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South Korean prosecution again seeks arrest of Samsung chief

SEOUL (Reuters) - South Korea's special prosecutor's office said on Tuesday it would again seek a warrant to arrest Samsung Group chief Jay Y. Lee, a suspect in a graft investigation that may topple President Park Geun-hye.

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Source: Reuters