(Reuters) - Xerox Corp (XRX.N) said activist investor Darwin Deason does not have any right to nominate directors to the company’s board outside of the nomination window, following his attempt to nominate a full slate of directors. FILE PHOTO: The logo of Xerox company is seen on a building in...
HELSINKI (Reuters) -“Angry birds” maker Rovio (ROVIO.HE) said on Friday its head of games was leaving, a week after the Finnish company issued a profit warning that sent its shares plunging 50 percent. FILE PHOTO: Angry Birds toys are displayed during a news conference in Hong Kong July ...
(Reuters) - JD.com Inc, China’s second largest e-commerce firm, saw its stock drop on lower-than-expected quarterly profits on Friday, as the company’s margins were squeezed by competition during its top earnings season. FILE PHOTO: A logo of JD.com is seen on a helmet of a delivery man ...
(Reuters) - China’s JD.com Inc reported a 38.7 rise in fourth-quarter revenue on Friday, beating analysts’ estimates, as the country’s second-largest e-commerce firm attracted more shoppers. FILE PHOTO: A logo of JD.com is seen on a helmet of a delivery man in Beijing, China June 1...
HELSINKI (Reuters) - Finnish mobile game and animation studio Rovio said on Friday its head of games Wilhelm Taht will leave the company with immediate effect following the company’s dramatic profit warning last week. FILE PHOTO: Angry Birds toys are displayed during a news conference in Hong ...
TOKYO (Reuters) - Toyota Motor Corp said a new venture would be investing more than $2.8 billion to develop automated-driving software - the latest salvo in an increasingly frenetic battle to be ahead in a sector hit by a slew of disruptive technologies. FILE PHOTO: An onboard display monitor shows ...
FRANKFURT (Reuters) - Robert Bosch, the world’s biggest automotive supplier, said it has hired an expert in the“internet of things” from business software maker SAP. FILE PHOTO: The Bosch logo is reflected in a semiconductor wafer in the company manufacturing base in Reutlingen, Ge...
TOKYO (Reuters) - Toyota Motor Corp and group suppliers Denso Corp and Aisin Seiki Co said on Friday they would form a joint venture for researching and developing automated-driving technology, investing more than 300 billion yen ($2.8 billion). FILE PHOTO: An onboard display monitor shows other veh...
TOKYO (Reuters) - Japan’s 16 government-registered cryptocurrency exchanges will set up a self-regulatory body to bolster trust in an industry rocked by a $530 million digital money heist in January. Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a ...
SAN FRANCISCO (Reuters) - Facebook Inc on Thursday put an end to a test of splitting its signature News Feed into two, an idea that roiled how people consumed news in the six countries where it occurred and added to concern about Facebook’s power. The test created two streaming series of posts...
TOKYO (Reuters) - Japan’s 16 registered cryptocurrency exchanges will form a self-regulating body this spring in a bid to better safeguard investors following a $530 million digital money heist in January, two sources with direct knowledge of the plan said. The plan will be announced as early ...
(Reuters) - Equifax Inc (EFX.N) on Thursday reported quarterly results ahead of Wall Street forecasts, even as the consumer credit agency posted $26.5 million in costs related to last year’s massive data breach. The company posted quarterly per-share profit of $1.39, beating the average analys...
WASHINGTON (Reuters) - Russian operatives attempting to discourage U.S. energy production posted thousands of messages on social media supporting environmental activists in their campaign to limit oil and gas projects, a report by Republican lawmakers said on Thursday. On Facebook and Instagram, for...
SAN FRANCISCO (Reuters) - Facebook Inc on Thursday put an end to a test of splitting its signature News Feed into two, an idea that roiled how people consumed news in the six countries where it occurred and added to concern about Facebook’s power. The test created two streaming series of posts...
(Reuters) - Microchip Technology said on Thursday it had agreed to buy Microsemi Corp, the largest U.S. commercial supplier of military and aerospace semiconductor equipment, for about $8.35 billion. Microchip’s offer of $68.78 per share in cash for Microsemi represents an about 7 percent prem...
WASHINGTON (Reuters) - U.S. Transportation Secretary Elaine Chao said on Thursday that regulators will seek public input on rules for self-driving commercial vehicles and trains, as the administration grapples with how to regulate their expected future use. At a speech in Washington, Chao said the F...
WASHINGTON (Reuters) - Lieutenant General Paul Nakasone, President Donald Trump’s nominee to lead the U.S. Cyber Command, said on Thursday he did not think Russia, China and other countries expected much of a response from the United States to cyber attacks. “They don’t think much ...
SAN FRANCISCO (Reuters) - Facebook Inc on Thursday put an end to a test of splitting its signature News Feed into two, an idea that roiled how people consumed news in six countries where the test occurred and added to concern about Facebook’s power. The test created two streaming series of pos...
(Reuters) - Twitter Inc on Thursday sought help to improve the quality of conversations on its micro-blogging site in a bid to address rising criticism against social media companies for failing to protect users from online abuse and political manipulation. Twitter's new approach, it said in a blog,...
(Reuters) - Facebook Inc (FB.O) Chief Executive Officer Mark Zuckerberg sold nearly $500 million in the company’s shares in February to fund his philanthropic investment vehicle, the Chan Zuckerberg Initiative (CZI), regulatory filings showed. The move is not a surprise, being part of Zuckerbe...
(Reuters) - Facebook Inc (FB.O) Chief Executive Officer Mark Zuckerberg sold nearly $500 million in the company’s shares in February to fund his philanthropic investment vehicle, the Chan Zuckerberg Initiative (CZI), regulatory filings showed. The move is not a surprise, being part of Zuckerbe...
(Reuters) - Online retailer Overstock.com Inc (OSTK.O) said on Thursday the U.S. Securities and Exchange Commission was investigating its blockchain platform tZERO and its cryptocurrency. Overstock said it would cooperate with the SEC and was responding to the agency’s request for documents. S...
(Reuters) - Equifax Inc (EFX.N), a provider of consumer credit scores, on Thursday said it found another 2.4 million U.S. consumers hit by a data breach last year, bringing the total to 147.9 million. The company said the latest batch of consumers affected had their names and driver’s license ...
BARCELONA (Reuters) - Picture an old telephone exchange with operators connecting calls manually, add vast computing power by putting it on the Amazon cloud, and you have Working Group Two -- a new platform for hosting ‘virtual’ mobile networks. Spun out of, and backed by, Norway’s...
HONG KONG (Reuters) - China issued licenses to auto makers on Thursday that allow self-driving vehicles to be road tested for the first time, the state-owned Xinhua news agency reported. Two licenses were offered to Shanghai-based SAIC Motor Corp Ltd, and the other went to electric vehicle start-up ...
HELSINKI (Reuters) - Finnish pension fund Varma has trimmed its stake in mobile game and animation studio Rovio, known for its hit title Angry Birds, from 3.43 percent to 0.85 percent of shares, Rovio said on its website on Thursday. Shares in the company, which listed on the Helsinki bourse last Se...
SAN FRANCISCO(Reuters) - Thousands of nonprofit organizations could lose a monthly advertising grant from Alphabet Inc’s Google as soon as Thursday, cutting off an important source of traffic to their websites. Google gives $10,000 in credits each to 35,000 nonprofits worldwide every month to ...
LONDON (Reuters) - Drugmakers are racing to scoop up patient health records and strike deals with technology companies as big data analytics start to unlock a trove of information about how medicines perform in the real world. Studying such real-world evidence offers manufacturers a powerful tool to...
NEW YORK (Reuters) - Credit Suisse Group AG (CSGN.S) and ING Groep NV (INGA.AS) have completed a 25 million euros ($30.48 million) securities lending transaction using blockchain-based software, the companies said on Thursday, as more projects involving the nascent technology behind cryptocurrencies...
LONDON (Reuters) - Sky, the European pay-TV group at the center of a fierce takeover battle, said it would add online video service Netflix to a new TV bundle, bringing drama like “The Crown” to its sport and entertainment offer for the first time. Netflix’s mix of original drama a...
