SEOUL (Reuters) - Apple Inc said it was planning to open a retail store in South Korea, its first in the country that is home to its smartphone archrival Samsung Electronics Co Ltd .
Google pushes virtual reality harder with new phones from partners
(Reuters) - Alphabet Inc's Google quickened the pace of its push into virtual and augmented reality this week as its hardware partners announced new devices featuring the company’s technology at the CES electronics show in Las Vegas.
Stolen Passwords Fuel Cardless ATM Fraud
Some financial institutions are now offering so-called “cardless ATM” transactions that allow customers to withdraw cash using nothing more than their mobile phones. But as the following story illustrates, this new technology also creates an avenue for thieves to quickly and qu...
Stolen Passwords Fuel Cardless ATM Fraud
Some financial institutions are now offering so-called “cardless ATM” transactions that allow customers to withdraw cash using nothing more than their mobile phones. But as the following story illustrates, this new technology also creates an avenue for thieves to quickly and qu...
Samsung Electronics forecasts fourth quarter profit at over three-year high
SEOUL (Reuters) - Samsung Electronics Co Ltd said on Friday its fourth-quarter operating profit likely leapt 50 percent from a year earlier to its highest in more than three years, beating expectations on strong memory chip and display sales.
U.S. files suit against D-Link, alleging devices vulnerable to hackers
WASHINGTON (Reuters) - The U.S. Federal Trade Commission filed a lawsuit against D-Link Corp on Thursday, arguing that the company failed to take steps to ensure that the routers and internet-linked security cameras that it manufactures could not be hacked.
GM's Cadillac to start car subscription concierge service in NYC
DETROIT (Reuters) - General Motors Co on Feb. 1 will begin a $1,500-per-month on-demand concierge subscription service for Cadillac cars and SUVs in New York, a program it hopes will expand to major cities in the United States, Cadillac said on Thursday.
Norway to switch off FM radio in risky, unpopular shift to digital
OSLO (Reuters) - Norway is set to become the first nation to start switching off its FM radio network next week, in a risky and unpopular leap to digital technology that will be closely watched by other countries considering whether to follow suit.
Niantic Labs taps wearable startup to boost popular Ingress game
TORONTO (Reuters) - Canadian wearable technology startup Mighty Cast unveiled a programmable wristband on Thursday that Pokemon Go developer Niantic Inc is using to add features to its augmented reality online game Ingress.
Verizon executive says company unsure about Yahoo deal
(Reuters) - A senior executive of Verizon Communications Inc said on Thursday the company was unsure about its planned acquisition of Yahoo Inc's internet business.
Streaming overtakes U.S. digital music sales for first time: Nielsen
NEW YORK (Reuters) - Canadian rapper Drake helped music streaming services explode in 2016, rising by 76 percent in the United States to overtake digital sales of music for the first time in history, Nielsen Music said on Thursday.
Flush with funds, Israeli tech firms delay exits
TEL AVIV (Reuters) - Whenever potential buyers have approached Tel Aviv-based Fiverr, the technology firm has said no; like a growing number of Israeli start-ups, it has enough backing from private investors to stay independent for longer.
Apple's App Store generated $20 billion for developers in 2016
(Reuters) - Apple Inc said on Thursday its App Store generated $20 billion for developers in 2016, a 40 percent increase from 2015, helped by the popularity of games such as Pokemon Go and Super Mario Run and increased revenue from subscriptions.
Bitcoin plunges by a fifth
LONDON (Reuters) - Digital currency bitcoin fell more than 20 percent in the space of four hours of trading on Thursday, putting it on track for its worst daily performance in nearly two years.
IT research firm Gartner to buy CEB to expand business analysis
(Reuters) - IT research and advisory company Gartner Inc said on Thursday it would buy CEB Inc , a provider of business research and analysis, in a cash-and-stock deal valued at $2.6 billion to expand its business services.
India reluctant to give special tax incentives to Apple
(Reuters) - India is resisting Apple Inc.'s demand for tax incentives to make iPhones in the country, with the trade minister saying on Thursday that New Delhi may not make exceptions for the U.S. tech giant.
Initial Samsung production target is 10 million Galaxy S8 phones: media
Tim Baxter, president and COO of Samsung Electronics America, speaks during a Samsung Electronics news conference at the 2017 CES in Las Vegas, Nevada January 4, 2017. REUTERS/Steve Marcus
Uber drivers are employees 'eligible for company social security contributions': Swiss agency
A photo illustration shows the Uber app logo displayed on a mobile telephone, as it is held up for a posed photograph in central London, Britain October 28, 2016. REUTERS/Toby Melville/Illustration
Ex-employee sues Snapchat, alleges it misled investors: Hollywood Reporter
(Reuters) - A former employee has dragged Snapchat to court accusing the messaging app of misleading investors and trading partners to drive up its initial public offering, the Hollywood Reporter said citing a court document.
Sharp to consider listing its LCD venture with Foxconn: Nikkei
TOKYO (Reuters) - Japan's Sharp Corp will consider an initial public offering for Sakai Display Products Corp, the LCD joint venture between it and Hon Hai Precision Industry Co (Foxconn) of Taiwan, the Nikkei business daily reported on Thursday.
Ford expands Alexa use, heating up auto personal assistant battle
LAS VEGAS (Reuters) - Ford Motor Co is expanding the use of Amazon.com Inc's Alexa personal assistant in its vehicles to allow drivers to talk to their cars - demanding anything from a nearby cheeseburger to a weather forecast - marking a leap by the Detroit automaker to incorporate a technology ini...
Toshiba chairman says banks ready to offer financial support
TOKYO (Reuters) - Toshiba Corp Chairman Shigenori Shiga said on Thursday he had heard that the Japanese conglomerate's banks were ready to provide financial support after it was hit earlier in the week by fresh reports of profit padding.
LG Display says in talks with Samsung Electronics on supplying LCD TV panels
SEOUL (Reuters) - South Korea's LG Display Co Ltd was in talks with Samsung Electronics Co Ltd about a supply agreement for television display panels, LG Display Chief Executive Han Sang-beom said.
U.S. Labor department sues Google for compensation data
(Reuters) - The U.S. Department of Labor said on Wednesday it filed a lawsuit against Alphabet Inc's Google unit seeking access to the company's compensation data and documents as part of a routine compliance evaluation.
China's Didi, partners invest over $100 million in Brazil's 99 company
SAO PAULO (Reuters) - Didi Chuxing, China's largest ride-hailing company, is leading a group investing more than $100 million in Brazilian on-demand taxi and ride sharing company 99, the companies said on Wednesday.
Apple pulls New York Times app from iTunes store in China
(Reuters) - Apple Inc has removed the New York Times Co's news apps from its app store in China, following a request from the Chinese authorities.
Snarling traffic, gridlock at CES belies mobility promises
Workers hang signage in the lobby of the Las Vegas Convention Center as they prepare for the 2017 International CES technology trade show in Las Vegas, Nevada January 3, 2017. REUTERS/Steve Marcus
CBS signs deal to be on Hulu's live-streaming platform
The HULU Plus app is played on a Samsung Galaxy phone in this photo-illustration in New York, December 23, 2013. REUTERS/Carlo Allegri
Apple confirms $1 billion investment in SoftBank tech fund: WSJ
The logo of Apple is seen at a store in Zurich, Switzerland November 22, 2016. REUTERS/Arnd Wiegmann
The FTC’s Internet of Things (IoT) Challenge
One of the biggest cybersecurity stories of 2016 was the surge in online attacks caused by poorly-secured “Internet of Things” (IoT) devices such as Internet routers, security cameras, digital video recorders (DVRs) and smart appliances. Many readers here have commented with ideas about ...