Alibaba revenue grows at weakest pace in 3 years as slowing China bites

E-commerce giant Alibaba Group Holding Ltd's quarterly revenue grew at its weakest pace since 2016, as the impact of a slowing Chinese economy and a crippling Sino-U.S. trade war kept buyers away during its top-sale season.

Koenigsegg super cars team up with Saab successor to go electric

The Chinese-backed company born from the remnants of bankrupt Swedish automaker Saab is investing 150 million euros ($171 million) in a venture with Swedish super car brand Koenigsegg, in a move that could see them develop new electric models.

China's Huawei excluded from Czech tax tender after security warning

China's Huawei [HWT.UL] has been excluded from a Czech tender to build a tax portal after the country's cyber watchdog warned of possible security threats posed by the telecoms supplier, documents showed on Wednesday.

AT&T misses phone subscriber estimates amid stiff competition

AT&T Inc on Wednesday missed Wall Street estimates for net new wireless subscribers who pay a monthly bill, as the company struggled to attract customers in a saturated U.S. phone market.

Alibaba revenue grows at weakest pace in three years as slowing China bites

E-commerce giant Alibaba Group Holding Ltd's quarterly revenue grew at its weakest pace in three years, as the impact of a slowing China and a crippling Sino-U.S. trade war kept buyers away during its top-sale season.

Exclusive: UAE used cyber super-weapon to spy on iPhones of foes

A team of former U.S. government intelligence operatives working for the United Arab Emirates hacked into the iPhones of activists, diplomats and rival foreign leaders with the help of a sophisticated spying tool called Karma, in a campaign that shows how potent cyber-weapons are proliferating beyon...

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Investors brace for China tech funding 'down rounds'

Investors are bracing for a series of “down rounds” in China’s much-hyped tech sector as weak stock markets worldwide and the country's economic slowdown weigh on once-buoyant private markets.

War's terrifying reality made virtual by Red Cross

The crack of a sniper round strikes terror as you crouch behind a cinder-block wall.

Bangladesh to sue Manila bank over $81 million cyber heist: cenbank governor

Bangladesh will file a lawsuit in a U.S. court on Wednesday against Philippine bank Rizal Commercial Banking Corp (RCBC) over its role in one of the world's biggest cyber-heists, the Bangladesh central bank governor said.

Israel, Intel agree to reciprocal spending deal: ministry

Intel Corp has committed to buy 15 billion shekels ($4 billion) of Israeli products and services over the next six years as it begins a massive expansion of its local operations, Israel's economy ministry said on Wednesday.

Huawei excluded from Czech tax tender after security warning: paper

The Czech tax authority has excluded Huawei from a tender to build a tax portal after the country's cyber watchdog warned of security threats posed by the Chinese telecoms supplier, the Mlada Fronta Dnes newspaper reported on Wednesday.

Chinese EV carmaker NIO aims to raise $650 million via convertible bond

Electric carmaker NIO Inc, among rivals to Tesla in China, launched a $650 million five-year convertible bond on Wednesday, aiming to use the proceeds to fund expansion.

Atos to pay investors with 23.4 percent stake in subsidiary Worldline

French IT services company Atos SE plans to give investors a special payout in the form of 23.4 percent of shares in its listed payments subsidiary Worldline SA, it said on Wednesday.

Israel games developer Playtika launches R&D center in Bucharest

Israeli mobile games company Playtika said on Wednesday it was opening a research and development center in Bucharest, with an initial investment of $6 million.

Canon expects first drop in operating profit since 2016 on slower China

Japan's Canon Inc expects its annual operating profit to drop for the first time in three years, as a Chinese economic slowdown and a stronger yen hit sales of cameras and panel-making equipment.

Intel offered up to $6 billion for Israel's Mellanox: reports

U.S. chipmaker Intel Corp has bid $5.5-$6 billion in cash and stock to buy Israel's Mellanox Technologies, Israeli media reported on Wednesday.

Atos to distribute 23.4 percent stake in Worldline to its shareholders

French IT services company Atos SE said on Wednesday it plans to distribute 23.4 percent stake in subsidiary Worldline SA to shareholders of the parent company.

Sony, Nintendo seen scoring strong third-quarter earnings as console battle reaches next level

Sony Corp and Nintendo Co Ltd are expected to score strong quarterly earnings this week, as the Japanese gaming giants battle through the next stage in the lifecycles of their consoles.

Canon sees 5.2 percent dip in 2019 profit on China economic slowdown

Japan's Canon Inc said on Wednesday it expected operating profit to drop 5.2 percent in 2019 as a Chinese economic slowdown hit demand for cameras and panel-making equipment.

Exclusive: Foxconn reconsidering plans to make LCD panels at Wisconsin plant

Foxconn Technology Group is reconsidering plans to make advanced liquid crystal display panels at a $10 billion Wisconsin campus, and said it intends to hire mostly engineers and researchers rather than the manufacturing workforce the project originally promised.

LG Display warns of panel price weakness as wearables boost fourth-quarter profit

South Korea's LG Display Co Ltd on Wednesday warned of weaker panel prices in the year ahead due to global economic uncertainty and U.S.- China trade tensions, as it posted a jump in quarterly profit thanks to surging sales of wearable screens.

Chinese EV carmaker NIO aims to raise $650 million with convertible bond

Electric carmaker NIO Inc, among rivals to Tesla in China, launched a $650 million convertible bond on Wednesday, four months after it listed in New York.

Apple lowers some iPhone prices outside U.S. to offset strong dollar

Apple Inc plans to cut the price of some of its flagship iPhones for only the second time in the device's 12-year history, pegging its retail value to past prices in local currencies outside the United States instead of the rising U.S. dollar.

Apple services business grows; CEO Cook says China tensions ease

Apple Inc reported sharp growth in its services business on Tuesday and Chief Executive Tim Cook said trade tensions between the United States and China were easing, helping boost the company's shares after hours even though iPhone sales dipped in the holiday shopping quarter for the first time.

Small panels drive big fourth-quarter profit jump at LG Display

South Korea's LG Display Co Ltd said on Wednesday fourth-quarter operating profit leapt more than six-fold from a year earlier, on the back of strong demand for its small panels including for smart watches.

iPhone suppliers rise after Apple's quarterly report

** Shares of Apple suppliers up in extended trade after Apple's quarterly results and guide prove not as bad as some expected

EBay's poor revenue outlook overshadows first-ever dividend

EBay Inc forecast March quarter revenue below Wall Street estimates after reporting disappointing growth in the volume of sales on its platform during the key holiday quarter, overshadowing news of its first-ever dividend.

Canadian National Rail profit beats on higher crude, grain shipments, raises dividend

Canadian National Railway Co beat analysts' estimates for quarterly profit on Tuesday, as it transported higher volumes of petroleum crude and Canadian grain.

Apple services business grows, CEO Cook sees China tensions ease

Apple Inc reported sharp growth in its services business and Chief Executive Tim Cook said trade tensions between the United States and China were easing, helping the technology company's shares up after hours even as iPhone sales dipped in the holiday shopping quarter for the first time.

AMD shares jump on record growth in data center revenue

Chipmaker Advanced Micro Devices Inc on Tuesday reported record quarterly growth in data center sales and projected revenue growth in fiscal 2019 above Wall Street expectations, sending its shares up 10 percent after the bell.