U.S., China take the lead in race for artificial intelligence: U.N.

China and the United States are ahead of the global competition to dominate artificial intelligence (AI), according to a study by the U.N. World Intellectual Property Organization (WIPO) published on Thursday.

Nokia sees bumpy 2019 growth due to timing of 5G rollouts

Telecoms equipment maker Nokia forecast a soft first half on Thursday after beating fourth-quarter profit and sales expectations.

Japan's Nintendo books 36 percent profit jump, cuts Switch hardware forecast

Japan's Nintendo Co Ltd reported a 36 percent jump in quarterly operating profit on Thursday buoyed by strong software sales of its hybrid home-portable Switch console, though it cut its full-year hardware forecast for the device.

Japan's Nintendo reports 36 percent jump in operating profit, beating expectations

Japan's Nintendo Co Ltd reported a 36 percent jump in quarterly operating profit on Thursday, beating market expectations, buoyed by strong software sales of its hybrid home-portable Switch device.

Software AG to invest 20 million-30 million euros in growth projects

Software AG, Germany's No.2 business software firm, said on Thursday it would invest 20 million to 30 million euros ($23-$34.5 million) this year in growth projects as CEO Sanjay Brahmawar seeks to revitalize the 50-year-old company.

LG Electronics' fourth quarter profit plunges as rivals crowd TV business

South Korea's LG Electronics Inc posted its slowest quarterly profit growth in two years on Thursday citing higher marketing costs and tougher competition in the television business.

Chinese EV carmaker NIO raises $650 million via convertible bond

Electric carmaker NIO Inc, one of the main rivals to Tesla in China, raised $650 million in a five-year convertible bond on Thursday, aiming to use the proceeds to fund expansion.

France's 5G frequencies auction to start in autumn, minister tells Le Figaro

France's 5G telecoms frequencies auction will start this autumn, with licenses expected to be given at the start of 2020, Junior Minister Agnes Pannier-Runacher told Le Figaro on Thursday.

Nokia sees fast shift to 5G ahead after strong fourth quarter

Telecom network equipment maker Nokia forecast stronger-than-expected 2019 and 2020 results thanks to fast-rising investments in 5G networks, after beating fourth-quarter sales and profit estimates on Thursday.

LG Electronics' fourth-quarter profit plunges 80 percent

South Korea's LG Electronics Inc said on Thursday fourth-quarter operating profit plummeted 80 percent from a year earlier to 76 billion won ($68.5 million), in line with its guidance earlier this month.

South Korea's Netmarble to form consortium for Nexon holding company bid

South Korean gaming firm Netmarble said it will form a consortium to bid for a controlling stake in Nexon's holding company, the latest to show interest in a deal that could be worth about $9 billion after Kakao.

China's Didi weighs job cuts in support functions: The Information

Chinese ride-hailing company Didi Chuxing is looking at cutting headcount in some departments by up to 20 percent, technology news website The Information reported, citing a source.

Facebook keeps attracting digital ads, shares jump after hours

Facebook Inc reported better-than-expected profit on Wednesday, showing that digital advertisers were still flocking to spend money on the service in order to reach customers even after a series of high profile embarrassments for the world's largest online social media network.

Samsung Electronics forecasts weaker 2019 earnings as chip sales slow

Samsung Electronics Co Ltd warned of weaker earnings in 2019 as it posted a 29 percent drop in fourth-quarter operating profit on Thursday, hit by a slowdown in demand for memory chips.

Alibaba stock rallies on handsome profit beat, optimistic commentary

E-commerce giant Alibaba Group Holding Ltd reported quarterly profit far above market expectations and played down worries of Chinese economic slowdown and U.S. tariff effects, sending its shares up 6 percent.

New York settles with sellers of 'fake' online followers, 'likes'

New York's attorney general on Wednesday said she has resolved a probe into a group of Colorado companies that once sold fake followers, "likes" and views on social media platforms, in the first U.S. settlement to deem such sales illegally deceptive.

Samsung Electronics forecasts weaker 2019 earnings on slowing chip demand

Samsung Electronics Co Ltd warned of weaker earnings in 2019 as it posted a 29 percent drop in fourth-quarter operating profit on Thursday, hit by a slowdown in demand for memory chips.

Tesla CFO leaves as automaker promises profits and cheaper cars

Tesla Inc warned on Wednesday it will need to begin building cars in China and lower the price of its Model 3 sedan to make money in every 2019 quarter, as it failed to meet Wall Street profit expectations at the end of 2018.

Samsung Electronics gives grim earnings outlook as fourth-quarter profit falls 29 percent

Samsung Electronics Co Ltd warned of weaker earnings in 2019 as it posted a 29 percent drop in fourth-quarter operating profit on Thursday, hit by a slowdown in demand for memory chips.

NY AG, governor probing Apple's response to FaceTime bug

New York Governor Andrew Cuomo and new Attorney General Letitia James on Wednesday said the state was probing Apple Inc's failure to warn consumers about a FaceTime bug that lets iPhones users see and hear others before they accept a video call.