Finnish telecom network equipment maker Nokia on Thursday reported a surprise rise in second-quarter profit, citing higher demand, while maintaining its 2019 profit outlook.
Toyota to invest $600 million in China's Didi, new JV
Toyota Motor Corp said on Thursday it will invest $600 million in Chinese ride-hailing giant Didi Chuxing and a new joint venture to expand collaboration with the firm in China.
Telecoms group Orange second-quarter revenue stabilizes in France on improving market conditions
French telecoms group Orange reported slightly better-than-expected sales and profit growth in the second quarter, helped by improving market conditions in its home country and a strong performance in Africa and the Middle East.
Toyota says to invest $600 million in China's Didi, new JV
Toyota Motor Corp said on Thursday it will invest $600 million in Didi Chuxing and a new joint venture, as part of an agreement to expand collaboration with the Chinese ride hailing giant in the country.
SoftBank to commit $40 billion to second Vision Fund: WSJ
Tech conglomerate SoftBank Group Corp will invest $40 billion in its forthcoming second Vision Fund, the Wall Street Journal reported on Wednesday.
Samsung Electronics' delayed Galaxy Fold now ready for September launch
Samsung Electronics Co Ltd's first foldable smartphone, the Galaxy Fold, will go on sale from September in selected markets after the launch was delayed by screen problems earlier this year, the company said on Thursday.
Samsung Electronics to launch Galaxy Fold in September after screen problems
Samsung Electronics Co Ltd's first foldable smartphone, the Galaxy Fold, will go on sale from September in selected markets after the launch was delayed by screen problems earlier this year, the company said on Thursday.
SK Hynix warns of chip supply disruption on Japan's export curbs
Chipmaker SK Hynix Inc warned on Thursday of a supply disruption due to an escalating trade dispute between South Korea and Japan, and said it would cut investment and production to support a nascent recovery in chip demand.
SoftBank to announce $40 billion investment in second Vision Fund: WSJ
SoftBank Group Corp is expected to announce a $40 billion investment in its new technology fund, the Wall Street Journal reported on Wednesday.
Salesforce expands footprint into China with Alibaba partnership
U.S. cloud-based service provider Salesforce.com Inc said on Wednesday it will partner with Chinese e-commerce company Alibaba Group Holdings Ltd , as Salesforce looks to make inroads into the Chinese software market with its cloud-based products.
Samsung Electronics' Galaxy Fold to be available from September
Samsung Electronics Co Ltd said on Thursday its foldable smartphone Galaxy Fold would go on sale from September in selected markets, after the launch was delayed by screen problems earlier this year.
Tesla needs more time to turn profit; founding engineer steps down
Tesla Inc on Wednesday pushed back its profit timeline once again after missing financial targets in the second quarter, while announcing that the pioneer of the company's electric batteries, J.B. Straubel, was stepping down from his role as chief technology officer.
Tesla target for profit pushed back to fourth-quarter, shares down 11.5%
Tesla Inc on Wednesday missed financial targets in its second quarter despite record deliveries of its electric vehicles, adding that the carmaker will break even this quarter, rather than post a profit.
Explainer: What Google, Facebook could face in U.S. antitrust probe
The U.S. Department of Justice is investigating whether big technology companies are engaged in anticompetitive behavior, addressing a rising tide of criticism they have become too powerful to the detriment of consumers.
Facebook warns of costly privacy changes, discloses another U.S. probe
Facebook Inc said on Wednesday that new data privacy rules and forthcoming privacy-focused product changes would slow its revenue growth and significantly raise expenses, driving down its shares in after-hours trade even as quarterly revenue topped estimates.
Tesla posts wider-than-expected loss in quarter as margins fall, shares down 10%
Tesla Inc on Wednesday missed financial targets in its second quarter despite record deliveries of its electric vehicles, raising doubts the carmaker will hit its target to be profitable this quarter.
Canada invests C$85 million in satellite company to narrow broadband gap for remote areas
The Canadian government said on Wednesday it is investing C$85 million ($64.70 million) in an Ottawa-based satellite company as part of an effort to provide better broadband internet access to rural and remote communities.
Robinhood reveals error that left user passwords exposed
Commission-free stock trading startup Robinhood instructed some users to change their passwords on Wednesday, after discovering a logging error that left some customer credentials vulnerable, according to a company email.
Factbox: Trump's Twitter thoughts on big tech
U.S. President Donald Trump has long targeted big tech companies like Amazon, Google, Facebook and Twitter in his social media comments, accusing them of working against him and his administration.
Treasury's Mnuchin says Amazon 'destroyed' U.S. retail sector
U.S. Treasury Secretary Steven Mnuchin said on Wednesday that online giant Amazon.com Inc "destroyed the retail industry across the United States."
Tesla second-quarter revenue misses, shares tumble 11%
Tesla Inc on Wednesday reported lower-than-expected revenue and a fall in gross margins for the second quarter, sending its shares down nearly 11% in extended trading.
Facebook revenue beats estimates, discloses U.S. FTC antitrust probe
Facebook Inc beat analysts' estimates for revenue on Wednesday for a second straight quarter, but even as it agreed to pay $5 billion to settle a data privacy probe the company disclosed that it faces a new U.S. government antitrust investigation.
Facebook to pay record $5 billion U.S. fine over privacy; faces antitrust probe
Facebook Inc will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and will boost safeguards on user data, the U.S. Federal Trade Commission and the social media company said on Wednesday.
Neo-Nazi SWATters Target Dozens of Journalists
Nearly three dozen journalists at a broad range of major publications have been targeted by a far-right group that maintains a Deep Web database listing the personal information of people who threaten their views. This group specializes in encouraging others to harass those targeted by their ire, an...
Canada invests C$85 million in satellite firm to boost broadband gap
The Canadian government said on Wednesday it is investing C$85 million ($64.70 million) in an Ottawa-based satellite company as part of an effort to narrow the broadband internet gap in rural and remote communities.
Facebook revenue beats estimates; discloses antitrust probe
Facebook Inc beat analysts' estimates for revenue on Wednesday, even as the world's largest social network agreed to pay a $5 billion fine over data privacy and announced a U.S. antitrust investigation.
Two charged with terrorism over Bulgaria's biggest data breach: lawyer
Prosecutors have charged two workers at a cyber security company with terrorism as part of an investigation into Bulgaria's biggest-ever data breach, a lawyer for the defendants said on Wednesday.
South Korea says Japan flatly rejects meeting over trade row
South Korea's deputy trade minister Kim Seung-ho said on Wednesday he had asked a senior Japanese official for a face-to-face meeting on a trade row between Tokyo and Seoul but he had been flatly turned down.
Google goes Nigerian with local accent, 'informal' transit routes
Commuters making their way through Nigeria can now hear travel advice in a local voice on Google Maps under new features aimed at attracting more users in Africa that were unveiled by the company on Wednesday.
South Korea fails to drum up support at WTO in row with Japan
South Korea's bid to garner international support in a row with Japan by airing its case at the World Trade Organization brought no visible dividend on Wednesday, as no other countries took the floor to support either side, a Geneva trade official said.