TOKYO (Reuters) - Shares in Sony Corp soared to a nine-year high on Wednesday after it forecast record earnings that have vindicated its restructuring efforts and raised expectations of sustained momentum in profitability. Sony Corp's logo is seen at its news conference in Tokyo, Japan November 1, 2...
TOKYO (Reuters) - Shares in Sony Corp (6758.T) soared as much as 11.6 percent to a nine-year high on Wednesday after the Japanese electronics and entertainment firm forecast its best ever annual profit. Logos of Sony Corp are seen at an electronics store in Narita International airport in Narita, Ja...
BRASILIA (Reuters) - Brazil’s Senate approved a weaker version of a hotly disputed bill to regulate car-hailing services like Uber Technologies Inc [UBER.UL] on Tuesday after the U.S. company’s chief executive warned it could make its business unworkable in the country. The chief executi...
WASHINGTON (Reuters) - U.S. senators on Tuesday pressed Facebook Inc’s chief lawyer on why the company did not catch 2016 election ads bought using Russian rubles, why its investigation of them took so long and how much it knows about its 5 million advertisers. Democrats and Republicans at the...
BRASILIA (Reuters) - Brazil’s Senate approved by 46-10 votes a hotly debated bill on Tuesday that regulates car-hailing apps like Uber and amended the legislation to remove some clauses that would undermine their business. Senators agreed to drop requirements in the bill that drivers own their...
(Reuters) - Electronic Arts Inc’s (EA.O) revenue forecast for the holiday quarter narrowly missed estimates on Tuesday as the game developer gears to face tough competition from rivals such as Activision. FILE PHOTO: The Electronic Arts Inc., logo is displayed on a screen during a PlayStation ...
WASHINGTON (Reuters) - U.S. senators said on Tuesday they wanted to work with Silicon Valley to find answers to election meddling as they kicked off two days of congressional hearings on how Russia allegedly manipulated social media networks to try to influence the 2016 U.S. campaign. Lawyers from F...
(Reuters) - Electronic Arts Inc’s (EA.O) revenue forecast for the keenly watched holiday quarter narrowly missed estimates on Tuesday amid expectations of tough competition from other games that are likely to release around the same time. FILE PHOTO: The Electronic Arts Inc., logo is displayed...
BRASILIA (Reuters) - The chief executive of Uber Technologies Inc, Dara Khosrowshahi, said on Tuesday that his company’s future in Brazil depends on government decisions, as the Brazilian Senate prepared to vote on regulating car hailing apps. Dara Khosrowshahi in Sun Valley, Idaho July 13, 20...
STOCKHOLM (Reuters) - The Swedish Economic Crime Authority said on Tuesday it had discontinued an investigation launched in December 2016 into market abuse involving Fingerprint Cards. The agency had launched a probe into the Swedish smartphone touch sensor maker’s chief executive Johan Carlst...
(Reuters) - Automatic Data Processing Inc rejected as “false and misleading” on Tuesday the accusation by billionaire investor William Ackman that the company gave proxy adviser Institutional Shareholder Services non-publicly disclosed information. FILE PHOTO: William 'Bill' Ackman, CEO ...
WASHINGTON (Reuters) - Lawyers from Facebook Inc (FB.O), Twitter Inc (TWTR.N) and Alphabet Inc’s (GOOGL.O) Google head before U.S. lawmakers on Tuesday for two days of hearings on how Russia allegedly used their services to try to sway the 2016 U.S. elections. The U.S. Senate’s crime sub...
WASHINGTON (Reuters) - A bipartisan pair of U.S. senators plans to introduce legislation on Tuesday seeking to boost the cyber defenses of state election systems, after warnings from senior U.S. officials that future elections may be vulnerable to foreign interference. Voting booths are seen during ...
WASHINGTON (Reuters) - A bipartisan pair of U.S. senators plans to introduce legislation on Tuesday seeking to boost the cyber defenses of state election systems, after warnings from senior U.S. officials that future elections may be vulnerable to foreign interference. Voting booths are seen during ...
(Reuters) - CME Group Inc, the world’s largest futures market operator, said on Tuesday it intends to launch Bitcoin futures in the fourth quarter of 2017, pending regulatory approvals. FILE PHOTO: A Bitcoin logo is displayed at the Bitcoin Center New York City in New York's financial district...
(Reuters) - The first reviews of Apple Inc’s eagerly awaited iPhone X are out and the verdict is clear: it is the best iPhone yet. An attendee uses the Face ID function on the new iPhone X during a presentation for the media in Beijing, China October 31, 2017. REUTERS/Thomas Peter The run-in t...
(Reuters) - Automatic Data Processing Inc rejected as “false and misleading” on Tuesday the accusation by billionaire investor William Ackman that the company had made incorrect statements to a proxy adviser. FILE PHOTO: William 'Bill' Ackman, CEO and Portfolio Manager of Pershing Square...
HONG KONG (Reuters) - Chinese vendors have slashed the price of Apple’s iPhone 8 by up to a fifth in a bid to lure customers amid sluggish demand ahead of the launch of the tech giant’s much-anticipated iPhone X on Friday. A attendee uses a new iPhone X during a presentation for the medi...
WASHINGTON (Reuters) - Facebook Inc (FB.O), Twitter Inc (TWTR.N) and Alphabet Inc’s (GOOGL.O) Google head before U.S. lawmakers on Tuesday for two days of grueling hearings on how Russia allegedly used their services to try to sway the 2016 U.S. election. A Facebook logo is pictured at the Fra...
SYDNEY/MELBOURNE (Reuters) - Battery makers are increasingly turning to nickel to help power growing global electric car sales, but only half of the world’s producers of the metal are likely to benefit, mining analysts and executives say. FILE PHOTO: A Tesla Model X is seen alongside a Model S...
LONDON (Reuters) - Fintech firm R3 and 22 of the world’s biggest banks have together developed an international payments system that would allow existing central bank currencies and any new digital ones to be transacted via the blockchain, R3 said on Tuesday. A copy of bitcoin standing on PC m...
SEOUL (Reuters) - South Korean technology giant Samsung Electronics Co Ltd (005930.KS) named a new generation of top managers on Tuesday and promised to reward shareholders with $26 billion in payouts to 2020, as it reported record third-quarter profit. FILE PHOTO: The Samsung booth is shown on the ...
ATWATER, Calif. (Reuters) - Alphabet Inc’s self-driving car unit stopped developing features that required drivers to take control in dangerous situations, its chief executive said Monday, as autopilot reliance left users prone to distractions and ill-prepared to maneuver. FILE PHOTO: A visito...
TOKYO (Reuters) - Japan’s Sony Corp lifted its full-year operating income forecast on Tuesday, expecting to book its highest-ever profit due to strong sales of image sensors used in smartphones and other devices. FILE PHOTO: The logo of Sony PlayStation VR is seen at Tokyo Game Show 2017 in Ch...
SEOUL (Reuters) - South Korean technology giant Samsung Electronics Co Ltd (005930.KS) promised to return $26 billion to shareholders over the next three years as it reported record third-quarter profit on the back of the global boom in memory chips. FILE PHOTO: The logo of Samsung Electronics is se...
(Reuters) - Apple Inc (AAPL.O) has designed iPhones and iPads that would drop chips supplied by Qualcomm Inc (QCOM.O), according to two people familiar with the matter. FILE PHOTO: A man is reflected in a Apple store logo in San Francisco, California, U.S., August 21, 2017. REUTERS/Kevin Coombs/File...
LOS ANGELES (Reuters) - After helping customers bypass dining rooms, food delivery company DoorDash is giving chefs the option to do the same with delivery-only “virtual” restaurants run out of its new commissary in Silicon Valley. A kitchen staffer at “The Star” pizzeria pre...
SEOUL (Reuters) - Samsung Electronics Co Ltd (005930.KS) said on Tuesday it will pay dividends of about 29 trillion won in the 2018-2020 period as it reported record operating profit for the three months through September, lifted by its largest-ever memory chip earnings. FILE PHOTO: The logo of Sams...
(Reuters) - SoftBank Group Corp and Deutsche Telekom AG have reached an impasse in their talks to merge Sprint Corp and T-Mobile US Inc over how many shares each would hold in the combined company, people familiar with the matter told Reuters on Monday. In a board meeting at Japan’s SoftBank o...
BRASILIA (Reuters) - Hundreds of drivers for the internet based ride-hailing firm Uber drove through Brazil’s largest cities on Monday to protest legislation that would turn them into regular taxi drivers subject to the same local licensing and taxation rules. Uber drivers protest against a le...
