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...

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...

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...

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...

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...

(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...

(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...

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...

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...

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...

(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 ...

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...

(Reuters) - GoPro Inc (GPRO.O) is considering selling itself and has hired J.P. Morgan to help it with the process, a source familiar with the matter told Reuters on Monday. Earlier in the day, the company lowered its fourth-quarter revenue forecast on weak demand for cameras in the holiday season a...

NEW YORK (Reuters) - Bitcoin sank on Monday after website CoinMarketCap removed prices from South Korean exchanges from its calculations of digital currency rates without any warning, resulting in a steep drop in all virtual coins they track. CoinMarketCap shows real-time prices and market capitaliz...

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...

LAS VEGAS (Reuters) - Toyota Motor Corp announced on Monday a self-driving electric concept vehicle that it will tailor for companies to use for tasks like ride hailing and package delivery, underscoring how automakers are no longer simply building cars but also providing services to go with them. T...

WASHINGTON (Reuters) - Electronic toymaker VTech has agreed to settle charges that the company violated a U.S. children’s privacy law by collecting personal information without providing notice or obtaining parental consent, the Federal Trade Commission said on Monday. Hong Kong-based VTech El...

(Reuters) - Sony/ATV said on Monday it signed a licensing agreement with Facebook Inc that will allow the social media platform’s users to upload and share videos from the music publishing company’s catalog on Facebook and Instagram. The multi-year deal will allow artists associated with...

(Reuters) - GoPro Inc on Monday said it expects lower fourth-quarter revenue, hit by weaker demand for cameras in the holiday season and plans to exit the drone business, sending its shares to a record low. The company, once a Wall-Street favorite, has seen a decline in demand for its cameras and Ka...

(Reuters) - GoPro Inc said on Monday it expects fourth-quarter revenue to fall below its earlier forecast and lowered the price of its Hero6 cameras due to weak demand, and the action camera-maker also said it would cut more than 250 jobs. GoPro, whose cameras and drones are mostly used by sports ju...

SEOUL (Reuters) - A cybersecurity company said it has found software that appears to install code for mining cryptocurrency and sends any mined coins to a server at a North Korean university, the latest sign that North Korea may be searching for new ways to infuse its economy with cash.  T...

(Reuters) - GoPro Inc said on Monday it expects fourth-quarter revenue to fall below its earlier forecast and the action camera-maker also said it would lower its workforce to fewer than 1,000 from the current 1,254 employees. The company has also cut the price of its highly anticipated Hero6 camera...

NEW YORK (Reuters) - Bitcoin fell below $15,000 (11,073.38 pounds) on Monday after South Korea’s financial regulator said it and other agencies are inspecting six local banks that offer digital currency accounts to institutions. Bitcoin, the world’s biggest virtual currency by market val...

JERUSALEM (Reuters) - Israel’s central bank said on Monday it would not recognise virtual currencies such as bitcoin as actual currency and that it was difficult to devise regulations to monitor the risks of such activity to the country’s banks and their clients. Deputy Governor Nadine B...

(Reuters) - Activist hedge fund Starboard Value LP criticized Israeli chipmaker Mellanox Technologies Ltd’s 2018 targets on Monday, saying they were insufficient and too heavily reliant on revenue growth. In December, Mellanox had forecast low to mid-teens revenue growth in fiscal 2018, compar...

SEOUL (Reuters) - South Korean financial authorities on Monday said they are inspecting six local banks that offer virtual currency accounts to institutions, amid concerns the increasing use of such assets could lead to a surge in crime. The joint inspection by the Financial Services Commission (FSC...

SEOUL (Reuters) - South Korea’s financial regulator said on Monday it is jointly carrying out inspections on six local banks that offer virtual currency accounts to institutions. The joint inspection by the Financial Services Commission (FSC) and Financial Supervisory Service (FSS) will check ...

LAS VEGAS (Reuters) - Nvidia Corp will partner with Uber Technologies Inc [UBER.UL] and Volkswagen AG (VOWG_p.DE) as the graphics chipmaker’s artificial intelligence platforms make further gains in the autonomous vehicle industry. The company, which already has partnerships in the industry wit...

COPENHAGEN (Reuters) - Denmark’s GN Store Nord is aiming to win a bigger slice of the rapidly growing market for wireless earbuds by introducing a new product challenging Apple’s popular Airpods. Wireless is expected to account for an increasing share of the $9.6 billion global earphone ...

NEW YORK (Reuters) - Apple Inc shareholders Jana Partners and the California State Teachers’ Retirement System are urging the smartphone maker to take steps to address what they say is a growing problem of young people getting addicted to Apple’s iPhones, Jana partner Charles Penner said...