SAN FRANCISCO (Reuters) - Google makes ads show up in more smartphone apps than any other technology company. That is the core of a resurgent business for parent Alphabet Inc. Google’s ad network unit has posted three straight quarters of year-over-year double-digit sales increases. The busine...
BEIJING (Reuters) - Chinese telecoms equipment group ZTE Corp hit back on Thursday against concerns from U.S. lawmakers that it is a vehicle for Chinese espionage, saying it was a trusted partner of its U.S. customers, state news agency Xinhua reported. China is trying to gain access to sensitive U....
PARIS (Reuters) - U.S. online retail giant Amazon said on Thursday it will create 2,000 permanent contract positions this year in France, its largest market in Europe after Britain and Germany. The increase will bring Amazon’s total number of permanent French staff to 7,500 in 2018 and reflect...
(Reuters) - Qualcomm Inc said on Wednesday it met with Broadcom Ltd earlier in the day to discuss the latter’s revised $121 billion bid, the first time the chipmakers have discussed what would be the technology sector’s largest ever acquisition. The outcome of the meeting will determine ...
(Reuters) - Cisco Systems Inc reported its first rise in quarterly revenue in more than two years and forecast upbeat current-quarter profit, as the network gear maker’s years-long efforts to transform into a software-focused company begins to pay off. Shares of the Dow component, which also b...
(Reuters) - International Business Machines Corp’s insistence in a new lawsuit that its efforts to recruit and maintain a diverse workforce are trade secrets bucks a trend towards transparency and highlights how companies can see the issue in competitive terms, business and legal experts said....
(Reuters) - Qualcomm Inc said on Wednesday its top executives met with Broadcom Ltd to discuss the latter’s revised $121 billion bid, the first time the chipmakers have discussed a potential deal. “We met with representatives of Broadcom for two hours earlier today,” Qualcomm said,...
(Reuters) - Cisco Systems Inc reported its first rise in quarterly revenue in more than two years, which also topped analysts’ estimates, as the network gear maker’s years-long efforts to transition to a software-focused company begins to take hold. Shares of the Dow component rose 5.3 p...
WASHINGTON (Reuters) - Elon Musk’s SpaceX, fresh off the successful launch this month of the world’s most powerful rocket, won an endorsement on Wednesday from the top U.S. communications regulator to build a broadband network using satellites. Federal Communications Commission Chairman ...
WASHINGTON (Reuters) - Elon Musk’s SpaceX, fresh off the successful launch this month of the world’s most powerful rocket, won an endorsement on Wednesday from the top U.S. communications regulator to build a broadband network using satellites. Federal Communications Commission Chairman ...
WASHINGTON (Reuters) - A top official for a U.S. financial regulator is urging players in the burgeoning cryptocurrency sector to boost their self-policing. Brian Quintenz, a Republican commissioner with the Commodity Futures Trading Commission, said the industry should consider adopting self-regula...
(Reuters) - Alphabet Inc’s (GOOGL.O) Google is raising the price of its YouTube TV online service for new customers as it adds channels from Time Warner Inc’s (TWX.N) Turner, National Basketball League and Major League Baseball, the company said Wednesday. Less than one year after launch...
(Reuters) - Apple Inc is in talks to buy storage chips from Yangtze Memory Technologies, a move that would mark the iPhone maker’s first buy from a Chinese memory chipmaker, the Nikkei reported on Wednesday. Apple will use these chips in new iPhone models and other products for sale in the Chi...
SAN FRANCISCO (Reuters) - They may not have the cachet of entrepreneurs, or geek chic of developers, but data protection officers are suddenly the hottest properties in technology. When Jen Brown got her first certification for information privacy in 2006, few companies were looking for people quali...
TEL AVIV (Reuters) - Big brother is watching. But in the future he may no longer be so all-knowing. Riding the wave of a global push to comply with new privacy standards, a small Israeli company believes it can help you, and your face, stay anonymous in a hyper-connected world. The startup, called D...
TOKYO (Reuters) - Toshiba Corp appointed a former banker experienced in dealing with distressed companies as CEO, and forecast its first annual profit in four years, helped by a buoyant chip business that it has agreed to sell. Incoming CEO Nobuaki Kurumatani, 60, will be tasked with ensuring the sm...
BEIJING/SHANGHAI (Reuters) - Wang Bin, 29, is a serious “mi fan”, one of the ardent followers of Xiaomi Technology Co Ltd, the maker of smartphones and other electronic products that looks headed for a big initial public offering, perhaps as early as this year. Wang’s house is a Xi...
SAN BRUNO/SUNNYVALE, Calif. (Reuters) - One of Walmart Inc’s best chances at taking on Amazon.com Inc in e-commerce lies with six giant server farms, each larger than ten football fields. These facilities, which cost Walmart millions of dollars and took nearly five years to build, are starting...
TOKYO (Reuters) - Toshiba Corp appointed a former banker from a key creditor bank as CEO and forecast its first annual profit in four years, making progress in its efforts to recover from billions of dollars in losses at its U.S. nuclear unit Westinghouse. Nobuaki Kurumatani, a former executive of S...
(Reuters) - Warehouse chain Sam’s Club, a unit of Walmart Inc, said on Wednesday it will consolidate its membership structure for customers and improve its e-commerce offerings by adding free shipping and opening more e-commerce warehouses this year. The company last month shut 63 stores, or a...
TOKYO (Reuters) - Japan’s Toshiba Corp said on Wednesday it is appointing Nobuaki Kurumatani, a former executive of Sumitomo Mitsui Financial Group, as its chairman and chief executive. Incumbent CEO, Satoshi Tsunakawa, will become chief operating officer and retain his role as president, the ...
(Reuters) - Uber Technologies Inc [UBER.UL] narrowed its fourth-quarter loss to $1.1 billion from a loss of $1.46 billion in the previous quarter, a person familiar with the matter told Reuters. The ride-hailing company’s quarterly revenue rose 11.8 percent to $2.2 billion from its previous qu...
SAN FRANCISCO (Reuters) - Airbnb Inc’s year-old tours and activities business is booking tens of thousands of travelers every month and is likely to be profitable late next year, the company said on Tuesday, highlighting success in its efforts to grow beyond renting rooms and homes. More than ...
(Reuters) - Xerox Corp (XRX.N) shareholder Darwin Deason asked a court on Tuesday to block the company’s merger with Japan’s Fujifilm Holdings Corp (4901.T), claiming the U.S. photocopier maker’s board failed shareholders by approving a deal that undervalues the company. The lawsui...
(Reuters) - China’s Baidu Inc reported a 29.3 percent jump in quarterly revenue on Tuesday, helped by strong performance in its core search engine business. Net income attributable to Baidu rose to 4.16 billion yuan ($656.4 million) in the fourth quarter ended Dec. 31, from 4.13 billion yuan a...
SAN FRANCISCO (Reuters) - Twitter Inc Chief Executive Jack Dorsey said on Tuesday that he saw value in the social media network remaining an independent company, downplaying recent speculation by analysts that it could be an acquisition target. “I’ve always thought that there’s a l...
NEW YORK (Reuters) - New York state’s highest court ruled on Tuesday that Facebook users may be required to turn over photos and other information that are relevant to litigation, even if they are shielded by “privacy” settings. By a 7-0 vote, the Court of Appeals reinstated a tria...
(Reuters) - Apple Inc Chief Executive Tim Cook downplayed a suggestion that the company might issue a special dividend to shareholders with some of the $285 billion in cash that the company is now able to bring back from overseas. At an annual shareholder meeting at Apple Park in Cupertino on Tuesda...
(Reuters) - Apple Inc Chief Executive Tim Cook downplayed a suggestion that the company might issue a special dividend to shareholders with some of the $285 billion in cash that the company is now able to bring back from overseas. At an annual shareholder meeting at Apple Park in Cupertino on Tuesda...
(Reuters) - Xerox Corp (XRX.N) shareholder Darwin Deason asked courts on Tuesday to block the company’s merger with Japan’s Fujifilm Holdings (4901.T), claiming board members at the U.S. photocopier maker had failed in their duty to shareholders. Deason and fellow shareholder Carl Icahn ...