Apple shares perk up after strong report from iPhone chip supplier

SAN FRANCISCO (Reuters) - Shares of Apple Inc rose 1 percent on Thursday after German supplier Dialog Semiconductor Plc said its quarterly revenue were higher than expected, adding to recent enthusiasm about demand for the newest iPhone.

FCC to vote on revised broadband privacy regulations

WASHINGTON (Reuters) - The U.S. Federal Communications Commission will vote on Oct. 27 on a revised proposed regulation setting rules to safeguard the privacy of broadband users.

Feds Charge Two In Lizard Squad Investigation

The U.S. Justice Department has charged two 19-year-old men alleged to be core members of the hacking groups Lizard Squad and PoodleCorp. The pair are charged with credit card theft and operating so-called “booter”or “stresser” services that allowed paying...

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Feds Charge Two In Lizard Squad Investigation

The U.S. Justice Department has charged two 19-year-old men alleged to be core members of the hacking groups Lizard Squad and PoodleCorp. The pair are charged with credit card theft and operating so-called “booter”or “stresser” services that allowed paying...

Continue reading

Deutsche Post van signals new entrant threat to auto industry

FRANKFURT (Reuters) - German logistics giant Deutsche Post has quietly designed and made its own electric delivery van, exploiting sweeping changes in manufacturing technology which could upend the established order in the auto industry.

Coupa Software shares more than double in market debut

(Reuters) - Shares of Coupa Software Inc , a U.S. maker of cloud-based software that helps companies manage spending, more than doubled in their debut on Thursday, underscoring strong market appetite for IPOs by tech companies - even unprofitable ones.

Twitter shares plunge on report Google has no plan to make bid

(Reuters) - Twitter Inc's shares plunged more than 19 percent in early trading on Thursday after technology website Recode reported that Alphabet Inc's Google does not "currently" plan to make a bid for the company.

Shanghai Electric among Chinese firms targeting Fiat's Comau: sources

LONDON/MILAN/FRANKFURT (Reuters) - Chinese firms including Shanghai Electric have approached Fiat Chrysler Automobiles (FCA) to express an interest in buying its Comau robotics business, sources familiar with the matter told Reuters.

Fighting fires: Samsung struggles to limit damage from smartphone recall

SEOUL (Reuters) - Heated meetings, sacrificed holidays and teams monitoring social media round-the-clock to track whether there have been any new smartphone fires: Samsung Electronics is still desperately trying to limit the damage of a record global recall announced more than a month ago.

Taiwan's MediaTek to triple India workforce to 1,500 within three years

TAIPEI (Reuters) - Leading Taiwanese chip designer MediaTek Inc, said on Thursday it will triple its workforce in India within three years to 1,500 from more than 500 as it expands research and software development as well as customer service operations.

Amazon keeps up UK investment push with Daventry center

LONDON (Reuters) - Online retailer Amazon said on Thursday it would create over 300 new jobs next year when it opens a distribution center in central England, maintaining a wave of investment in Britain.

Wal-Mart's next move against Amazon: More warehouses, faster shipping

CHICAGO (Reuters) - Wal-Mart Stores Inc is accelerating its investment in e-commerce in a bid to narrow the gap with Amazon.com Inc and to give it an even more dominant position against the rest of the field in retail.

Samsung Electronics investor Henderson says it backs Elliott restructuring proposals

SINGAPORE (Reuters) - A minority investor in Samsung Electronics Co Ltd said on Thursday it supports proposals submitted by U.S. hedge fund Elliott Management for restructuring the South Korean technology giant to improve shareholder value.

Twitter drops 9 percent after report that Google won't bid

SAN FRANCISCO (Reuters) - Shares of Twitter slumped 9 percent late on Wednesday after Recode reported that Google, owned by Alphabet , would not move forward with a bid to acquire the social network.

Samsung Elec says carefully considering Elliott's proposals

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd said on Thursday it is carefully considering proposals by U.S. hedge fund Elliott Management and said it "believes in constructive and open dialogue" with investors.

Exclusive: Twitter to conclude sale deliberations this month - sources

(Reuters) - Twitter Inc has told potential acquirers it is seeking to conclude negotiations about selling itself by the time it reports third-quarter earnings on Oct. 27, according to people familiar with the matter.

Lenovo to take over Fujitsu's PC business: Nikkei

TOKYO (Reuters) - China's Lenovo Group Ltd is set to take over the personal computer operations of Fujitsu Ltd as the Japanese company seeks to focus on IT services and other higher-priority businesses, the Nikkei business daily reported on Thursday.

Samsung Electronics to acquire artificial intelligence firm Viv, run by Siri co-creator

SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd said on Thursday it is acquiring U.S. artificial intelligence (AI) platform developer Viv Labs Inc, a firm run by a co-creator of Apple Inc's Siri voice assistant program.

Chip equipment maker Lam Research ends deal for KLA-Tencor

(Reuters) - Semiconductor equipment maker Lam Research said on Wednesday it had terminated a $10.6 billion deal to buy rival KLA-Tencor Corp.

Dialog Semi reviews guidance as Chinese holiday boosts third quarter sales

FRANKFURT (Reuters) - Dialog Semiconductor , the maker of chips used in Apple and Samsung Electronics' smartphones, said it was reviewing its full-year guidance after a Chinese holiday helped bolster third-quarter sales.