Apple Inc supplier Texas Instruments Inc beat Wall Street's forecast on quarterly profit on Wednesday but missed on revenue, a performance that comes amid concerns about slowing smartphone sales.
Texas Instruments' quarterly revenue dips 1 percent
Texas Instruments' quarterly revenue fell 1 percent, hurt by falling demand for its microchips across most markets.
Verizon cuts 7 percent of jobs in media unit
Verizon Communications Inc is cutting about 7 percent, or about 800 jobs, at its media unit, it said on Wednesday.
Facebook takes steps to prevent removed pages from duplicating content
Facebook Inc will make changes to better prevent users who have had their organization's pages removed for violating its rules from using duplicate pages to continue the same activity, it said on Wednesday.
Cboe shelving plan for bitcoin-tracking product: filing
The U.S. Securities and Exchange Commission said on Wednesday that Cboe Global Markets Inc is pulling its proposal to list an exchange-traded product tracking the price of bitcoin, delivering another blow to cryptocurrency enthusiasts.
New Zealand PM says country is not discriminating against Huawei
New Zealand's prime minister has assured Chinese telecoms equipment group Huawei Technologies Co Ltd of even-handed treatment after the small U.S. ally blocked the sale of some Huawei equipment citing national security concerns.
Amazon spends company record on U.S. lobbying in 2018: filing
Amazon.com Inc spent a company record $14.19 million on lobbying the U.S. government in 2018, according to a disclosure filed late on Tuesday.
Sandberg says Facebook must earn back trust
Facebook Inc's operations chief Sheryl Sandberg said on Wednesday that the world's largest social network needed to win back public trust after facing scandals for violating its users' privacy.
Tesla to cut production hours for Model S and X
Tesla Inc said on Wednesday it is reducing production hours for its higher priced electric cars Model S and Model X to improve efficiencies, just days after it decided to increase production of its lower-priced versions of its Model 3s.
How the U.S. Govt. Shutdown Harms Security
The ongoing partial U.S. federal government shutdown is having a tangible, negative impact on cybercrime investigations, according to interviews with federal law enforcement investigators and a report issued this week by a group representing the interests of FBI agents. Even if lawmakers move forwar...
Comcast tops profit forecasts as broadband business grows
Comcast Corp beat Wall Street profit and revenue estimates on Wednesday as its high-speed internet business grew and it lost fewer cable subscribers than expected.
France aware of Huawei risks, will act when times comes - minister
France is aware of the risks of China's Huawei Technologies access to next-generation mobile networks and will take measures when the time comes, its foreign minister said on Wednesday.
Hulu cuts price of most popular plan by 25 percent
Video streaming service Hulu said on Wednesday it will drop the price of its most popular monthly plan by $2 to $5.99, less than two weeks after bigger rival Netflix Inc hiked rates by as much 18 percent in the United States.
Huawei executive has strong case against extradition: Canadian envoy
A top executive from Huawei Technologies Co Ltd being held in Canada can make "strong arguments" against extradition to the United States, in part due to remarks made by U.S. President Donald Trump, Canada's ambassador to China said.
As Google races ahead, German carmakers look to go faster on autonomous driving
Germany's top carmakers including BMW and Volkswagen are looking at ways to speed up development of the next generation of self-driving cars, possibly by even working together, as tech giant Google forges ahead with plans to mass produce such vehicles.
UK watchdog lays out oversight of cryptocurrencies
Britain's markets watchdog set out which aspects of the nascent cryptocurrency industry it regulates on Wednesday, as volatile digital assets come under greater scrutiny.
Ugandan firm uses blockchain to trace coffee from farms to stores
An Ugandan company has started using blockchain, the technology behind virtual currency Bitcoin, to certify shipments of coffee to try to meet growing demand from consumers for more information about where products have come from.
Facebook's Sandberg says Zuckerberg should remain CEO, chairman
Facebook's operations chief said the world's largest social network needed to earn back public trust and was investing billions of dollars a year to improve the security of its network.
Huawei executive can make good case against extradition: Canada envoy
A top executive from Huawei Technologies Co Ltd [HWT.UL] can make a good case against being extradited to the United States, in part due to remarks made by U.S. President Donald Trump, Canada's ambassador to China said in comments broadcast on Wednesday.
Kerrisdale says Qualcomm's stock could shrink by half: report
Activist investor Sahm Adrangi, who cemented his reputation with successful bets against Chinese internet companies, said that he has taken a short position against Qualcomm Inc , arguing the chip supplier's stock price could shrink by half.
Germany to fund research facility for EV battery technology
The German government will fund a research facility to offer firms in Germany know-how to develop battery cells for electric vehicles (EVs), the science minister said on Wednesday, seeking to compete with Asian producers which dominate the industry.
Madrid taxis block access to tourist fair in anti-Uber protests
Hundreds of taxi drivers protested outside one of Madrid's largest tourist fairs on Wednesday, using their cabs to block access roads and burning rubbish as part of an open-ended strike against Uber and other ride-hailing services.
Johnson & Johnson eyeing surgical robotics firm Auris Health: Bloomberg
Johnson & Johnson is pursuing an acquisition of surgical robotics firm Auris Health Inc, Bloomberg reported on Wednesday, citing people with knowledge of the matter.
Comcast results beat on lower-than-expected video losses
Top U.S. cable services provider Comcast Corp reported quarterly revenue and profit above analysts' estimates on Wednesday, as it lost fewer video subscribers than expected and grew its broadcast television and theme parks businesses.
Comcast revenue beats on lower-than-expected video losses
Top U.S. cable services provider Comcast Corp reported quarterly revenue above analysts' estimates on Wednesday, buoyed by lower-than-expected video subscriber losses and growth in its broadcast television and theme parks businesses.
German carmakers, suppliers eye autonomous driving alliance: magazine
German carmakers Daimler, BMW and Volkswagen , and some of their major suppliers are in talks about developing a joint system for autonomous driving, manager magazine reported on Wednesday, citing company sources.
China deletes 7 million pieces of online information, thousands of apps
China's cyber watchdog said on Wednesday it had deleted more than 7 million pieces of online information as well as 9,382 mobile apps, and it criticized tech giant Tencent's news app for spreading "vulgar information".
From bait to plate: Blockchain platform tracks food's journey
With a scan of their smartphones, consumers can now track the journey of their fish meal to ensure it's a legal, ethical and sustainable product.
China approves plan for new tech exchange in Shanghai: Xinhua
China has approved a plan to set up a Nasdaq-style board for tech companies in Shanghai aimed at improving their ability to raise funds, the official Xinhua news agency reported on Wednesday.
UK watchdog flags possible ban on some crypto-related trading
Britain's markets watchdog said on Wednesday it would consult later in the year on a proposed ban on selling derivatives linked to certain types of crypto assets to retail customers.