Microsoft halts some AMD chip Meltdown patches after PCs freeze

FRANKFURT (Reuters) - Microsoft Corp said on Tuesday it had suspended patches to guard against Meltdown and Spectre security threats for computers running AMD chipsets after complaints by AMD customers that the software updates froze their machines. Microsoft said in a support blog that it was worki...

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JPMorgan's Dimon regrets calling bitcoin a 'fraud': Fox

(Reuters) - JPMorgan Chief Executive Jamie Dimon regrets calling bitcoin a ‘fraud’ but added that he still is not interested in the cryptocurrency at all, he said in an interview on Fox Business on Tuesday. Dimon had called bitcoin a fraud at a bank investor conference in New York in Sep...

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Samsung profit guidance disappoints, memory outlook cloudy

SEOUL (Reuters) - Samsung Electronics Co Ltd (005930.KS) said it would likely rake in a record fourth-quarter profit but the guidance fell short of consensus estimate, spooking investors already worried that a memory chip boom could be ending sooner rather than later. Shares of Samsung fell almost 4...

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Huawei's global ambitions hit by AT&T phone distribution deal's collapse

HONG KONG (Reuters) - Huawei Technologies Co Ltd’s [HWT.UL] planned deal with U.S. carrier AT&T Inc to sell its smartphones in the United States has collapsed at the eleventh hour, people with knowledge of the matter said, in a blow to the Chinese firm’s global ambitions. A separate ...

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China's Huawei hit by last minute collapse of AT&T phone distribution deal

HONG KONG (Reuters) - A deal under which U.S. carrier AT&T Inc was to have sold smartphones made by Huawei Technologies Co Ltd [HWT.UL] has collapsed at the eleventh hour, people with knowledge of the matter said, in a major setback for the Chinese firm’s global ambitions. A separate perso...

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Intel says Mobileye's autonomous driving tech to be used in two million vehicles

(Reuters) - Intel Corp (INTC.O) Chief Executive Brian Krzanich said on Monday 2 million vehicles from BMW (BMWG.DE), Nissan Motor Co Ltd (7201.T) and Volkswagen AG (VOWG_p.DE) would use its unit Mobileye’s autonomous vehicle technology to crowdsource data for building maps that enable autonomo...

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Samsung Electronics unveils driverless car parts, infotainment platform

(Reuters) - Samsung Electronics Co Ltd (005930.KS) unveiled its first set of components for autonomous driving and infotainment solutions developed with Harman International, which it bought about a year ago in a major push into the auto electronics market. The automotive industry is one of the fast...

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Alibaba founder says will "seriously consider" HK listing

SHANGHAI (Reuters) - Alibaba Group Holding Ltd will “seriously consider” listing in Hong Kong, founder Jack Ma said, in response to an invitation from the financial hub’s leader asking the company to consider doing so. Ma made the comments at an event in Hong Kong on Monday, an Ali...

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Samsung Electronics profit guidance misses expectations as won weighs

SEOUL (Reuters) - Samsung Electronics Co Ltd (005930.KS) on Tuesday estimated a record fourth-quarter profit but the guidance fell short of market expectations as a strong won and one-off staff bonuses took the shine off surging DRAM chip prices. The global memory chip leader said its October-Decemb...

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Alibaba founder says to consider Hong Kong listing: SCMP

HONG KONG (Reuters) - Alibaba Group Holding Ltd will consider a listing in Hong Kong, the South China Morning Post reported the company’s founder Jack Ma as saying - remarks which follow the city’s decision to allow dual class share listings. Ma was responding to an invitation by Hong Ko...

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Fund managers say U.S. regulator told them to suspend bitcoin bids

NEW YORK (Reuters) - Two U.S. companies withdrew proposals to launch bitcoin-based exchange-traded funds pending before the Securities and Exchange Commission (SEC) on Monday, citing ongoing concerns by the regulatory agency, filings showed. Staff at the SEC “expressed concerns regarding the l...

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Samsung Electronics tips record fourth-quarter profit, misses expectations on strong won

SEOUL (Reuters) - Samsung Electronics Co Ltd (005930.KS) on Tuesday estimated a 64 percent jump in fourth-quarter operating profit to a new record, but the guidance fell short of market expectations as the strong won and year-end bonuses dented profits. The global memory chip leader and Apple Inc (A...

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IPhone addiction may be a virtue, not a vice for investors

NEW YORK (Reuters) - Apple Inc investors are shrugging off concerns raised by two shareholders about kids getting hooked on iPhones, saying that for now a little addiction might not be a bad thing for profits. Hedge fund JANA Partners LLC and the California State Teachers’ Retirement System (C...

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AT&T walks away from deal to sell Huawei smartphones: WSJ

(Reuters) - AT&T Inc, the No. 2 U.S. wireless carrier, has backed off from a deal to sell smartphones made by Chinese Huawei Technologies Co Ltd [HWT.UL], the Wall Street Journal reported on Monday, citing people familiar with the matter. Neither company has ever confirmed that they were in talk...

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GoPro says open to sale but not actively pursuing

(Reuters) - GoPro Inc (GPRO.O) would be willing to partner with a larger sector player but is not actively engaged in a sale, the action camera-maker said on Monday, as its shares partly rebounded from earlier heavy losses. The comments followed reports by several media outlets, including Reuters, t...

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Trump pushes to expand high-speed internet in rural America

NASHVILLE (Reuters) - U.S. President Donald Trump was expected on Monday to sign an executive order to make it easier for the private sector to locate broadband infrastructure on federal land and buildings, part of a push to expand high-speed internet in rural America. Faster internet speeds in rura...

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French prosecutor launches probe into Apple planned obsolescence: judicial source

PARIS (Reuters) - A French prosecutor has launched an investigation of U.S. tech giant Apple (AAPL.O) over alleged deception and planned obsolescence of its products following a complaint by a consumer organization, a judicial source said on Monday. The investigation, opened on Friday, will be led b...

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Ex-Google engineer fired over gender memo sues for discrimination

SAN FRANCISCO (Reuters) - The former Google engineer fired after he asserted in a memo that biological causes were behind tech industry gender inequality sued his former employer on Monday, saying he was discriminated against as a white man with conservative political views. James Damore last year c...

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Apple releases new update to fix 'Spectre' chip flaw

(Reuters) - Apple Inc (AAPL.O) on Monday released an updated version of its operating system software to fix a major microchip security flaw that affected nearly all computer chips made in the last decade. Last week, Alphabet Inc’s (GOOGL.O) Google and other security researchers disclosed two ...

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Ex-Google engineer sues company after firing over stereotypes memo

SAN FRANCISCO (Reuters) - The former Google engineer fired in August after he wrote a memo that the company said perpetuated gender stereotypes sued his former employer on Monday, saying he was the victim of workplace discrimination and retaliation. James Damore and another former Google engineer, D...

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