Micro Focus Intl said it had little scope to mitigate a cut in its revenue guidance before its Oct. 31 year-end as its cost cutting programs were already well advanced, meaning most of the shortfall would fall through to the core earnings line.
Tencent has shelved plans to invest about $150 million to lead a fresh fundraising round for a Chinese education firm VIPKid, two people familiar with the matter said, as Beijing moved to tighten oversight of online education platforms.
Goldman Sachs Group Inc, Point72 Ventures and others invested $40 million in a Mexico-based online lender called Credijusto.com, the companies said on Thursday.
Micro Focus International will miss its full-year revenue target, prompting an accelerated operations review, sending the British IT group's shares plunging.
South Korea's Supreme Court on Thursday ruled that a bribery case against the heir of the Samsung Group should be reviewed by a lower court, raising the possibility of a tougher sentence and potential return to jail.
Tesla CEO Elon Musk and Alibaba founder Jack Ma discussed Mars and artificial intelligence but steered clear of the U.S.-China trade war in their first joint appearance on Thursday that some audience members said was disappointing.
South Korea's Supreme court on Thursday overturned part of an appeals court ruling in the bribery case of Samsung Group's de facto chief Jay Y. Lee, who had been given a two-and-a-half-year suspended sentence for seeking favor from the country's ex-leader.
South Korea's Supreme court on Thursday overturned part of an appeals court ruling in the bribery case of Samsung Group's de facto chief Jay Y. Lee, who had been given a two-and-a-half-year suspended sentence for seeking favor from the country's ex-leader.
Facebook Inc acknowledged a flaw in its Messenger Kids app, weeks after two U.S. senators raised privacy concerns about the application, and said that it spoke to the U.S. Federal Trade Commission about the matter.
Microsoft Corp's second generation HoloLens augmented reality headset will go on sale in September, the company's executive vice president Harry Shum said on Thursday.
For China's Hikvision, the world's largest purveyor of video surveillance systems and a vendor to Xinjiang police agencies, a moment of reckoning may be at hand.
Tesla Inc said on Wednesday it was launching an insurance service designed to give drivers in California, its biggest market, lower rates because of safety features on its electric vehicles.
Samsung Group will discover the fate of its de facto leader on Thursday as South Korea's Supreme Court rules whether to uphold the bribery conviction of Jay Y. Lee, in a scandal that unseated the president and trained public ire on corporate untouchables.
Samsung Group will discover the fate of its de facto leader on Thursday as South Korea's Supreme Court rules whether to uphold the bribery conviction of Jay Y. Lee, in a scandal that unseated the president and trained public ire on corporate untouchables.
Huawei Technologies Co Ltd said on Wednesday it was "very actively" interested in building the first undersea fiber-optic cable between South America and Asia.
Box Inc, a cloud content management platform provider, reported better-than-expected quarterly revenue on Wednesday, but shares fell 8% in extended trading as investors were disappointed after the company reiterated its full-year earnings outlook.
Box Inc, a cloud content management platform provider, reported better-than-expected quarterly revenue on Wednesday but shares fell 8% in extended trading, as investors were disappointed by the company's reiteration of its full-year earnings outlook.
(This August 27 story corrects headline from "researchers" to "funders")
Box Inc reported better-than-expected quarterly revenue on Wednesday, as it attracted more customers to its cloud content management platform.
Fitbit Inc on Wednesday launched its latest smartwatch, Versa 2, adding Amazon.com Inc's voice assistant Alexa, online payments and music storage in a bid to compete strongly with Apple Inc's smartwatches.
Tapping factories in Brazil and India has not lessened Apple Inc's dependence on China, the company's supply chain data shows, raising the stakes for the iPhone maker as U.S. President Donald Trump wages a trade war and promises more tariffs.
Huawei Technologies plans to forge ahead with the launch of new high-end smartphones in Europe even though it may not be able to offer Google's official Android operating system and widely used apps such as Google Maps, company executives told Reuters.
Huawei Technologies plans to forge ahead with the launch of new high-end smartphones in Europe even though it may not be able to offer Google's official Android operating system and widely used apps such as Google Maps, company executives told Reuters.
Apple Inc on Wednesday said it would quit its default practice of retaining audio recordings of the requests users make to its Siri personal assistant and limit human review of what audio it does collect to its own employees rather than contractors.
Fitbit Inc on Wednesday launched its latest smartwatch, Versa 2, adding Amazon.com's voice assistant Alexa and online payments in a bid to compete more strongly with Apple Inc's smartwatch.
U.S. officials are seeking to block an undersea cable between Los Angeles and Hong Kong that is being backed by Alphabet Inc's Google , Facebook Inc and a Chinese partner on national-security grounds, the Wall Street Journal reported on Wednesday.
Amazon.com Inc is in early talks with Go-Jek Group to buy a stake in the Indonesian ride-hailing startup, a source familiar with the matter told Reuters on Wednesday.
Amazon.com Inc has held preliminary talks on a partnership with Indonesian ride-hailing startup Go-Jek Group, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
Facebook Inc is tightening its political ad rules in the United States, it said on Wednesday, requiring new disclosures for its site and photo-sharing platform Instagram ahead of the U.S. presidential election in November 2020.
Alphabet Inc's Google is shifting its Pixel smartphone production to Vietnam from China starting this year as it builds a cheap supply chain in Southeast Asia, the Nikkei business daily reported on Wednesday.
