HONG KONG (Reuters) - Lenovo Group Ltd , the world's largest personal computer (PC) maker, on Thursday posted a 67 percent slide in third-quarter net profit, lagging analyst estimates, as supply constraints and a weak macroeconomic environment weighed.
Former U.S. Justice Department official warns Europe on election hacking
FILE PHOTO: U.S. Assistant Attorney General for National Security John Carlin addresses a news conference to announce indictments on Iranian computer hackers, in Washington March 24, 2016. REUTERS/Jonathan Ernst/File Photo
Samsung chief arrives at prosecutor's office before arrest hearing
SEOUL (Reuters) - Samsung Group chief Jay Y. Lee appeared at South Korea's special prosecutor's office on Thursday before a court hearing that will decide whether to issue an arrest warrant over his role in a corruption scandal that has engulfed President Park Geun-hye.
U.S. takes pastor, software developer to trial over bitcoin exchange
NEW YORK (Reuters) - A Florida software engineer and a New Jersey pastor engaged in lies and corruption to facilitate an illegal bitcoin exchange business whose operators wanted to take over a small credit union to evade scrutiny, a federal prosecutor said on Wednesday.
TripAdvisor revenue misses estimates, shares slip
(Reuters) - Travel review website TripAdvisor Inc reported lower-than-expected quarterly revenue, hurt by a fall in display advertisements on its websites and a drop in subscription revenue.
Spotify to relocate U.S. headquarters to 4 World Trade Center
(Reuters) - New York Governor Andrew Cuomo said on Wednesday Swedish music service company Spotify will expand its U.S. headquarters and relocate it to 4 World Trade Center, creating more than 1,000 new jobs and retaining 832 jobs.
SoftBank to buy Fortress Investment for $3.3 billion
TOKYO (Reuters) - Japan's SoftBank Group Corp on Wednesday said it has agreed to buy Fortress Investment Group LLC for about $3.3 billion, looking to add investment expertise as it prepares to launch the world's largest private equity fund.
Fossil's smartwatch push seen eating into margins
(Reuters) - Fossil Group Inc's shares plunged 20 percent to an eight-year low on Wednesday after the watchmaker's grim full-year forecast indicated that the company's push into smartwatch business would weigh on its margins.
Who Ran Leakedsource.com?
Late last month, multiple news outlets reported that unspecified law enforcement officials had seized the servers for Leakedsource.com, perhaps the largest online collection of usernames and passwords leaked or stolen in some of the worst data breaches — including billions of credentials ...
Who Ran Leakedsource.com?
Late last month, multiple news outlets reported that unspecified law enforcement officials had seized the servers for Leakedsource.com, perhaps the largest online collection of usernames and passwords leaked or stolen in some of the worst data breaches — including billions of credentials ...
Verizon reaches tentative agreement to lower price of Yahoo deal: Bloomberg
(Reuters) - Verizon Communications Inc has tentatively reached a revised deal that would lower by about $250 million the price to acquire Yahoo Inc's core internet business, Bloomberg reported on Wednesday.
Toyota sees plug-in hybrids catching on faster than conventional hybrids
TOKYO (Reuters) - Toyota Motor Corp's chairman, who led the development of the Toyota Prius, expects the latest plug-in hybrid vehicles (PHVs) will catch on with consumers far more rapidly than the original Prius did.
Toshiba asks for extension of waiver on loan covenant violation: sources
Reporters raise their hands for a question during a news conference by Toshiba Corp CEO Satoshi Tsunakawa and other senior sompany officials at the company's headquarters in Tokyo, Japan February 14, 2017. REUTERS/Toru Hanai
South Korea prosecutor says secured additional evidence against Samsung chief
South Korea's special prosecutor's office said on Wednesday it had expanded charges against Samsung Group chief Jay Y. Lee to include hiding the proceeds of a criminal act before it decided to seek a warrant for his arrest. A Seoul court said on Tuesday it would hold a hearing on Thursday to decide ...
Samsung Elec shares down as prosecution seeks arrest of Samsung chief
SEOUL (Reuters) - Samsung Electronics shares fell for a fourth consecutive session on Wednesday, after South Korean special prosecutors said they would seek a warrant to arrest Samsung Group chief Jay Y. Lee as part of a corruption probe.
Toshiba shares slide 10 percent after $6.3 billion writedown
TOKYO (Reuters) - Shares of Toshiba Corp tumbled 10 percent on Wednesday morning after the electronics conglomerate said it would book a $6.3 billion hit to its U.S. nuclear unit, a writedown that wipes out its shareholder equity.
Apple breaks intraday record high for first time since 2015
SAN FRANCISCO (Reuters) - Apple Inc's share price hit an intraday record high on Tuesday for the first time in almost two years as investors raised bets that a 10th anniversary iPhone will boost lackluster sales.
Facebook launches app for watching its videos on TV
(Reuters) - Facebook Inc is launching an app for smart TVs that will help the social network's users enjoy its videos on a bigger screen.
Brazil judge rules Uber drivers are employees, deserve benefits
SAO PAULO (Reuters) - A Brazilian judge ruled that a driver using the Uber ride-hailing app is an employee of the San Francisco-based company and is entitled to workers' benefits, adding to the global debate over labor rights for drivers on the platform.
Canada's SecureKey wins U.S. grant for digital identity network
TORONTO (Reuters) - SecureKey Technologies and a Canadian non-profit coalition have received a grant from a research center funded by the U.S. Department of Homeland Security to help build a digital identity network, the Toronto-based tech company said on Tuesday.
YouTube, Disney ditch PewDiePie over anti-Semitic content
LOS ANGELES (Reuters) - YouTube and Walt Disney Co have cut their ties with influential Swedish social media star PewDiePie after he posted a series of videos deemed anti-Semitic.
'Digital Geneva Convention' needed to deter nation-state hacking: Microsoft president
SAN FRANCISCO (Reuters) - Microsoft President Brad Smith on Tuesday pressed the world's governments to form an international body to protect against nation-state hacking, saying recent high-profile attacks showed a need for global norms that police government activity in cyberspace.
Infosys seeks to reassure investors over governance
MUMBAI (Reuters) - Indian IT services group Infosys on Tuesday reassured investors and analysts it was not being distracted by a dispute with its founders over how it was being managed.
T-Mobile U.S. quarterly revenue, profit beat estimates
(Reuters) - T-Mobile US Inc, the No.3 U.S. wireless carrier, reported quarterly profit and revenue above estimates as promotional offers helped add more subscribers.
Mattel to sell toys on Alibaba's Tmall
(Reuters) - Barbie maker Mattel Inc became the latest U.S. company to sell products on Chinese e-commerce giant Alibaba Group Holding Ltd's online marketplace Tmall to expand its reach in China.
UK cybercrime body launches private sector drive as Queen opens new HQ
LONDON (Reuters) - Britain's new National Cyber Security Centre (NCSC) invited private sector companies to train and collaborate with it on cyber defense, as Queen Elizabeth formally opened its London hub on Tuesday.
Daimler strikes electric vehicle agreement with workers at German plant
FRANKFURT (Reuters) - Daimler has struck an agreement with workers at Mercedes-Benz's biggest transmission factory in Germany, under which work on electric vehicles (EVs) will be based at the plant near the carmaker's home town of Stuttgart.
Daimler invests in smartphone-based vehicle finance app AutoGravity
FRANKFURT (Reuters) - Daimler said on Tuesday it was investing a double-digit million euro amount into AutoGravity, a smartphone-based vehicle leasing and financing app as part of a broader push by the carmaker to build a digital platform for financial services.
Murders, robberies of drivers in Brazil force Uber to rethink cash strategy
SAO PAULO (Reuters) - On a Thursday night last September, Uber driver Osvaldo Luis Modolo Filho accepted a ride request from a teenage couple on the eastern edge of Sao Paulo, to be paid in cash.
South Korea prosecution to decide on Samsung chief arrest warrant by Wednesday
SEOUL (Reuters) - South Korean special prosecutor's office said it will decide by no later than Wednesday on whether to request an arrest warrant for Samsung Group [SAGR.UL] chief Jay Y. Lee.