Chief executive of China's JD.com back in spotlight over civil suit accusation of rape

The personal life of JD.com chief Richard Liu returned to the spotlight of China's social media on Wednesday, drawing 360 million views to briefly become the top trending item on the Twitter-like Weibo, after a civil lawsuit accused him of rape.

TomTom results top estimates, wins two high-definition map deals

Dutch navigation and digital maps firm TomTom on Wednesday reported a forecast-beating 14 percent rise in first-quarter revenue and said it had won two contracts to supply high-definition maps to carmakers.

Foxconn's Gou throws hat in ring for Taiwan presidency, with blessing of sea goddess

Terry Gou, chairman of Apple supplier Foxconn, said on Wednesday he will contest Taiwan's 2020 presidential election, shaking up the political landscape at a time of heightened tension between the self-ruled island and Beijing.

China selfie app firm Meitu forays into skincare to counter drop in users

Meitu Inc, the Chinese firm best known for its selfie image-enhancing app, said on Wednesday it is venturing into the offline skincare market as it attempts to offset the impact of dwindling app users and a money-losing smartphone business.

Foxconn's Gou in bid for Taiwan presidency, with blessing of sea goddess

Terry Gou, chairman of Apple supplier Foxconn, said on Wednesday he will contest Taiwan's 2020 presidential election, shaking up the political landscape at a time of heightened tension between the self-ruled island and Beijing.

Ericsson shares hit four-year high after profit tops forecasts for fifth quarter

Ericsson posted a first-quarter profit on Wednesday that swept past forecasts due to strong growth in North America and cost cuts, spurring the telecom equipment maker to boost its full-year outlook for the global networks market.

Ericsson profit beats forecasts for fifth straight quarter as savings, 5G sales kick in

Mobile telecom equipment maker Ericsson beat first-quarter result forecasts on Wednesday due mainly to strong growth in North America as the company raised its full-year outlook for the global networks market.

TikTok vanishes from Google, Apple app stores in India after ban

The Chinese video app TikTok is no longer available in Google and Apple app stores in India after a state court prohibited its downloads, a setback for developer Bytedance Technology's efforts to tap users in a key market.

Foxconn's Gou to 'follow order of sea goddess' in Taiwan vote; yet to declare presidential run

Terry Gou, chairman of Apple supplier Foxconn, said on Wednesday he "will follow the instruction" of a sea goddess who has told him to run in Taiwan's presidential election next year.

Foxconn's Gou says will follow order of sea goddess to run for Taiwan presidency

Terry Gou, chairman of Apple supplier Foxconn, said on Wednesday he will follow the order of a sea goddess who has told him to run in Taiwan's 2020 presidential election, although he added he has not yet formally declared his intention to contest.

NXP invests in Chinese self-driving technology company Hawkeye

Dutch chipmaker NXP Semiconductors NV said on Wednesday that it has invested in Chinese self-driving technology company Hawkeye Technology Co Ltd to expand its footprint in the automotive radar market in China.

Qualcomm stock jumps 23 percent on surprise settlement with Apple

Qualcomm Inc on Tuesday won a major victory in its wide-ranging legal dispute with Apple Inc as the companies reached a surprise settlement that called for the iPhone to once again use Qualcomm modem chips.

IBM quarterly revenue misses on weak mainframe computer business

International Business Machines Corp reported a bigger-than-expected drop in first-quarter revenue on Tuesday, hurt by tapering demand for its mainframe computers and a stronger dollar, sending its shares down about 3 percent.

Intel says to exit 5G smartphone modem business

Intel Corp said on Tuesday it was exiting the 5G smartphone modem business, while assessing opportunities for 4G and 5G modems in PCs, internet of things devices and other data-centric devices.

Microsoft turned down facial-recognition sales on human rights concerns

Microsoft Corp recently rejected a California law enforcement agency’s request to install facial recognition technology in officers’ cars and body cameras due to human rights concerns, company President Brad Smith said on Tuesday.

Xbox to partner with ELEAGUE for Gears of War series

Microsoft Corp said on Tuesday its Xbox Game Studios will partner with Turner Sports' ELEAGUE to produce a documentary series about "Gears of War" players in conjunction with a new version of the video game launching later this year.

IBM quarterly revenue, full-year forecast disappoints

International Business Machines Corp forecast full-year revenue below estimates after reporting a bigger-than-expected drop in first-quarter revenue on Tuesday, hurt by tapering demand for its latest mainframe computers and a stronger dollar.

Qualcomm shares soar on surprise settlement with Apple of long legal dispute

Qualcomm Inc on Tuesday won a major victory with a surprise settlement of its wide-ranging legal dispute with Apple Inc that includes a supply agreement paving the way for the iPhone to once again use Qualcomm modem chips including potentially for new 5G capability.

Netflix forecast disappoints as streaming competition looms

Netflix Inc reported quarterly results on Tuesday that beat Wall Street targets, but the world's largest online streaming service predicted it would hook fewer new customers than expected through June, just as Walt Disney Co and others prepare to escalate the streaming video wars.

IBM quarterly revenue misses estimates on weak cloud, services demand

International Business Machines Corp reported a bigger-than-expected drop in quarterly revenue on Tuesday, an indication that its efforts to pivot to newer businesses such as cloud, analytics, software and services remained patchy at best.

Netflix forecasts weak subscriber additions in second quarter, shares down

Netflix Inc on Tuesday forecast a fall in global paid subscriber additions for the second quarter compared with a year earlier after reporting better-than-expected subscriber additions in the first quarter, sending its shares down 4 percent.

Qualcomm stock surges after settling long patent dispute with Apple

Qualcomm Inc on Tuesday won a major victory in settling its wide-ranging legal dispute with Apple Inc, signing a six-year patent license deal and a supply agreement that could pave the way to getting its modem chips back in the iPhone, which featured only Intel Corp chips last year.

Apple and Qualcomm settle royalty dispute

Apple Inc and Qualcomm Inc on Tuesday settled their royalty dispute, reaching an agreement on global patent license and chipset supply.

Fried chicken vs $13: Apple, Qualcomm explain claims to jury as trial opens

Apple Inc and Qualcomm Inc on Tuesday opened a complex trial with the iPhone maker using a fried chicken analogy to illustrate its claim the chip company is abusing its market power while Qualcomm alleged a years-long plan by Apple to deprive it of billions in revenue, $13 at a time.

Apple likens Qualcomm chips to fried chicken as trial begins

A trial opened Tuesday in a complex contract and anti-trust dispute between Apple Inc and Qualcomm Inc with the iPhone maker using a fried chicken analogy to explain its claim that the chip company is abusing its market power.

Google blocks Chinese app TikTok in India after court order

Google has blocked access to the hugely popular video app TikTok in India to comply with a state court's directive to prohibit its downloads, a person with direct knowledge of the matter told Reuters on Tuesday.

Netflix surges ahead of quarterly results report; Disney in focus

Shares of Netflix jumped 3 percent on Tuesday ahead of the streaming video service's quarterly results, with traders expecting a larger than normal reaction from the stock as new competition looms from Walt Disney Co.

Twitter suspends 100k accounts for creating new ones after suspension

Twitter Inc said on Tuesday it had suspended 100,000 accounts for creating new accounts after a suspension during January-March period, a 45 percent increase from last year.

AI-assisted stock trading venue plans to use the technology for bigger trades

Imperative Execution, a startup electronic stock trading venue operator, has found early success using artificial intelligence (AI) to reduce price movements after trades, and now it plans to use the technology to help brokers get larger trades done.

AI Robot paints its own moonscapes in traditional Chinese style

A Hong Kong artist has created an artificial intelligence (AI) robot which creates its own paintings.