SEOUL (Reuters) - South Korean technology giant Samsung Electronics Co Ltd (005930.KS) named a new generation of top managers on Tuesday and promised to reward shareholders with $26 billion in payouts to 2020, as it reported record third-quarter profit. FILE PHOTO: The Samsung booth is shown on the ...
ATWATER, Calif. (Reuters) - Alphabet Inc’s self-driving car unit stopped developing features that required drivers to take control in dangerous situations, its chief executive said Monday, as autopilot reliance left users prone to distractions and ill-prepared to maneuver. FILE PHOTO: A visito...
TOKYO (Reuters) - Japan’s Sony Corp lifted its full-year operating income forecast on Tuesday, expecting to book its highest-ever profit due to strong sales of image sensors used in smartphones and other devices. FILE PHOTO: The logo of Sony PlayStation VR is seen at Tokyo Game Show 2017 in Ch...
SEOUL (Reuters) - South Korean technology giant Samsung Electronics Co Ltd (005930.KS) promised to return $26 billion to shareholders over the next three years as it reported record third-quarter profit on the back of the global boom in memory chips. FILE PHOTO: The logo of Samsung Electronics is se...
(Reuters) - Apple Inc (AAPL.O) has designed iPhones and iPads that would drop chips supplied by Qualcomm Inc (QCOM.O), according to two people familiar with the matter. FILE PHOTO: A man is reflected in a Apple store logo in San Francisco, California, U.S., August 21, 2017. REUTERS/Kevin Coombs/File...
LOS ANGELES (Reuters) - After helping customers bypass dining rooms, food delivery company DoorDash is giving chefs the option to do the same with delivery-only “virtual” restaurants run out of its new commissary in Silicon Valley. A kitchen staffer at “The Star” pizzeria pre...
SEOUL (Reuters) - Samsung Electronics Co Ltd (005930.KS) said on Tuesday it will pay dividends of about 29 trillion won in the 2018-2020 period as it reported record operating profit for the three months through September, lifted by its largest-ever memory chip earnings. FILE PHOTO: The logo of Sams...
(Reuters) - SoftBank Group Corp and Deutsche Telekom AG have reached an impasse in their talks to merge Sprint Corp and T-Mobile US Inc over how many shares each would hold in the combined company, people familiar with the matter told Reuters on Monday. In a board meeting at Japan’s SoftBank o...
BRASILIA (Reuters) - Hundreds of drivers for the internet based ride-hailing firm Uber drove through Brazil’s largest cities on Monday to protest legislation that would turn them into regular taxi drivers subject to the same local licensing and taxation rules. Uber drivers protest against a le...
WASHINGTON (Reuters) - Facebook Inc (FB.O) said on Monday that Russia-based operatives published about 80,000 posts on the social network over a two year period in an effort to sway U.S. politics, and that about 126 million Americans may have seen the posts during that time. A 3D-printed Facebook li...
BOSTON (Reuters) - Billionaire investor William Ackman on Monday accused Automatic Data Processing Inc (ADP.O) of providing misleading and incorrect claims to Institutional Shareholder Services and asked the proxy advisory firm to reconsider its shareholder recommendations. William 'Bill' Ackman, CE...
BOSTON (Reuters) - Billionaire investor William Ackman on Monday accused Automatic Data Processing of providing misleading and incorrect data to Institutional Shareholder Services and asked the proxy advising firm to reconsider its recommendations. William 'Bill' Ackman, CEO and Portfolio Manager of...
(Reuters) - Several analysts downplayed concerns about Apple Inc’s iPhone X production issues and were bullish on demand and sales, pushing the company’s shares to a record on Monday. FILE PHOTO: An attendee checks out a new iPhone X during an Apple launch event in Cupertino, California,...
SHANGHAI (Reuters) - Apple Inc chief executive Tim Cook and Facebook Inc’s Mark Zuckerberg met Chinese President Xi Jinping on Monday at an annual gathering of advisers to Beijing’s Tsinghua University business school. FILE PHOTO: Apple CEO Tim Cook attends the China Development Forum in...
LONDON (Reuters) - HSBC suffered its second online banking outage in four days in Britain on Monday, as customers complained on social media that they could not log in. FILE PHOTO: The HSBC bank logo is seen at their offices in the Canary Wharf financial district in London, Britain, March 3, 2016. R...
TORONTO (Reuters) - Retail software company Shopify Inc (SHOP.TO) may not be willing to release as many operational details as some investors are hoping for in response to a short seller’s criticism, a shareholder and several analysts said. FILE PHOTO: Canadian e-commerce company Shopify Inc l...
OSAKA (Reuters) - Japanese videogames maker Nintendo Co Ltd (7974.T), already expecting its highest earnings in seven years, almost doubled its full-year operating profit forecast on Monday as supply shortages for its new Switch games console began to ease. FILE PHOTO: A Nintendo Switch game console...
BEIJING (Reuters) - China’s content regulator on Monday said it was unlikely to grant licenses for the world’s hottest video game, PlayerUnknown’s Battlegrounds, as being too bloody and violent, thus effectively denying firms the opportunity to cash in. The ban on the South Korea-m...
TOKYO (Reuters) - Japanese videogames maker Nintendo Co Ltd on Monday raised its full-year operating profit forecast as supply shortages on the Switch console began to ease. FILE PHOTO: A Nintendo Switch game console is displayed at an electronics store in Tokyo, Japan March 3, 2017. REUTERS/Toru Ha...
WASHINGTON (Reuters) - U.S. tech firms such as Facebook Inc and Twitter Inc should be more aggressive in tackling extremism and political misinformation if they want to avoid government action, a report from the World Economic Forum said on Monday. A 3D-printed Facebook logo is displayed in front of...
