SEATTLE (Reuters) - Samsung Electronics Co Ltd and U.S. truck fleet services company Omnitracs said on Thursday they are rolling out a tablet-software package to help smaller carriers comply with a looming federal regulation to log driver hours electronically. The platform combines Omnitracs measure...
(Reuters) - Apple Inc’s shares fell 1.5 percent in premarket trading on Thursday on growing concerns about muted demand for the iPhone 8 and iPhone 8 Plus. The company has cut orders for both models by about 50 percent for November and December, Taiwan-based Economic Daily News reported, citin...
TAIPEI (Reuters) - Apple Inc supplier Taiwan Semiconductor Manufacturing Co Ltd (TSMC) on Thursday said supply-chain inventory constraints pulled down net profit in the third quarter, albeit by a lesser degree than analysts had estimated. The world’s largest contract chipmaker also forecast re...
TAIPEI (Reuters) - Apple Inc supplier Taiwan Semiconductor Manufacturing Co Ltd on Thursday said net profit fell 7.1 percent in the three months through September, slightly better than analyst estimates. The world’s largest contract chipmaker booked third-quarter profit of T$89.925 billion ($2...
SEOUL (Reuters) - Shares of Samsung Electronics Co Ltd extended losses on Thursday, easing from a record-high reached on Tuesday due to profit-taking. Samsung Electronics shares fell as much as 3.2 percent to their lowest intraday level since Oct. 10. Reporting by Hyunjoo Jin and Dahee Kim
BEIJING (Reuters) - Meituan-Dianping on Thursday said it has raised $4 billion in a funding round that values China’s largest on-demand services provider at $30 billion, as part of a strategy to compete with the country’s leading e-commerce firms in offline retail. Meituan-Dianping in a ...
TOKYO (Reuters) - Japan’s securities watchdog is investigating Toshiba Corp’s (6502.T) accounting in its latest earnings statement to see if it properly handled losses incurred by its U.S. nuclear unit, a source with knowledge of the matter said on Thursday. The move follows an unusual &...
TOKYO (Reuters) - Japan’s securities watchdog is investigating Toshiba Corp’s (6502.T) accounting practices for the last business year to see if it properly handled the losses incurred by its U.S. nuclear unit Westinghouse, a source familiar with the matter told Reuters. The Securities a...
ZUG, Switzerland/NEW YORK (Reuters) - Just three months ago, a tech project called Tezos raised $232 million online in a wildly successful “initial coin offering,” in which new digital currency is parceled out to buyers. At the time, it was the most money ever raised from the public in t...
TOKYO (Reuters) - Japan’s securities watchdog is investigating Toshiba Corp’s accounting practices for the last business year to see if it properly handled the losses incurred by its U.S. nuclear unit Westinghouse, the Nikkei business daily reported on Thursday. The Securities and Exchan...
NEW YORK (Reuters) - Automatic Data Processing Inc is already making many of the changes activist shareholder William Ackman is advocating, but it will take time to see results, Chief Executive Officer Carlos Rodriguez said in an interview on Wednesday. “We have a pretty good track record of b...
WASHINGTON (Reuters) - The U.S. Federal Reserve is stepping-up its focus on payment security as the industry reaches a “critical juncture” driven by new technologies, Federal Reserve board governor Jerome Powell said on Wednesday. Speaking at a conference in New York, Powell said the U.S...
(Reuters) - EBay Inc warned Wall Street on Wednesday that profit this quarter could fall below analysts’ estimates as it invests in marketing and a revamped website to attract more shoppers, sending shares down more than 5 percent in after-hours trade. The online marketplace is making a big pu...
(Reuters) - Amazon.com Inc’s web services unit said on Wednesday that it resolved connectivity issues that affected its Direct Connect customers in the Oregon region in the United States. Amazon Web Services (AWS) said some Direct Connect locations using the US-WEST-2 Region experienced connec...
(Reuters) - Photoshop maker Adobe Systems Inc forecast better-than-expected revenue and profit for fiscal 2018 due to growth in its cloud business, sending its shares up 8 percent in extended trading. The company said on Wednesday it expects revenue of $8.7 billion and profit of around $5.50 per sha...
(Reuters) - EBay Inc forecast current-quarter adjusted profit that was largely below analysts’ estimates as the company continues to ramp up spending to tweak its e-commerce platforms. The company’s shares fell 4.4 percent to $36.3 in after-hours trading on Wednesday. EBay forecast fourt...
LONDON (Reuters) - Technology firms have improved cooperation with the authorities in tackling online militant material but still must act quicker to remove propaganda fuelling a rise in homegrown extremism, acting U.S. Homeland Security Secretary Elaine Duke said on Wednesday. The United States and...
WASHINGTON (Reuters) - U.S. Secretary of Defense James Mattis this week asked Congress to halt pending legislation that would compel the U.S. to alert foreign governments when the Pentagon has decided to combat certain cyber attacks, according to a letter sent to lawmakers. The letter, sent to membe...
BRUSSELS (Reuters) - Some smartwatches for children sold in Europe pose security risks, including potentially allowing hackers to take control of and track a watch, the EU’s main consumer lobby said on Wednesday, following a new report by one of its members. The affected smartwatches, which us...
(Reuters) - Twitter Inc plans to toughen its rules on online sexual harassment and impose stronger penalties for misconduct, according to an email it sent to a group of safety advocates, academics and researchers that helps the social media service set its policies. The new rules, which will likely ...
