The world's largest maker of consumer drones, China's SZ DJI Technology Co Ltd, expects losses of more than 1 billion yuan ($150 million) for 2018 due to internal corruption, the state-run China Securities Journal said on Friday.
Foxconn cuts 50,000 contract jobs in China: Nikkei
Apple Inc's biggest iPhone assembler Foxconn Technology Group has let go around 50,000 contract workers in China since October, months earlier than normal, Nikkei reported on Friday.
India's Wipro third-quarter profit surges 30 percent
Indian software services provider Wipro Ltd reported a 30 percent jump in third-quarter profit on Friday, beating analyst estimates and helped by higher revenue from its IT services.
Salesforce to double presence in Ireland with 1,500 new jobs
Salesforce.Com will more than double its workforce in Ireland by adding 1,500 jobs in what the state's foreign investment agency said was one of the largest single job announcements in its 70-year history.
Netflix forecast misses Wall Street view, shares dip
Netflix Inc reported revenue and a first-quarter forecast slightly below Wall Street estimates on Thursday, sending shares of the world's largest streaming service down 4 percent in after-hours trading.
Strap yourself in: Netflix is about to report
Shares of Netflix up 0.2 pct on Thursday in likely calm before the storm as the streaming video company co prepares to report Q4 results after the bell
Netflix: Down after co misses fourth-quarter revenue estimates
** Netflix's shares down 4.5 pct at $337.46 in extended trading - if losses hold on Friday, stock set for its biggest 1-day fall so far this year
China's envoy to Canada says Huawei 5G ban would have repercussions
China's envoy to Canada on Thursday warned Ottawa there would be repercussions if it banned technology firm Huawei Technologies Co Ltd [HWT.UL] from supplying equipment to Canadian 5G networks, the latest blast in a deepening bilateral dispute.
Netflix's fourth-quarter revenue misses estimates; shares slip
Netflix Inc posted lower-than-expected quarterly revenue on Thursday, despite a slate of original content the streaming pioneer released in the quarter including hit thriller "Bird Box", sending its shares down 3 percent.
Slack's product chief to step down
Slack Technologies Inc's chief product officer, April Underwood, is leaving the messaging startup, at a time when the company is exploring a public listing later this year.
Netflix adds 8.84 million paid global subscribers in fourth quarter
Netflix Inc said it added 8.84 million paid global streaming subscribers in the fourth quarter, while analysts had expected 9.18 million net global streaming additions.
Chinese envoy to Canada warns against any future Huawei 5G ban
China's envoy to Canada on Thursday warned Ottawa of possible repercussions if it banned technology firm Huawei Technologies Co Ltd [HWT.UL] from supplying equipment to Canadian 5G networks, the latest blast in a deepening bilateral dispute.
773M Password ‘Megabreach’ is Years Old
My inbox and Twitter messages positively lit up today with people forwarding stories from Wired and other publications about a supposedly new trove of nearly 773 million unique email addresses and 21 million unique passwords that were posted to a hacking forum. A story in The Guardian breathlessly d...
Fossil to sell smartwatch technology worth $40 million to Google, shares rise
Fossil Group Inc said on Thursday it would sell its intellectual property related to a smartwatch technology currently under development to Alphabet Inc's Google for $40 million, sending the watchmaker's shares up as much as 11 percent.
Ex-Symantec executive Canellos joins Ericom Software as CEO
Ex-Symantec executive David Canellos has joined Ericom Software as chief executive officer, the security software provider said on Thursday, just a month after his departure from Symantec.
Payments company Square launches debit card for small businesses
Payments company Square Inc is launching a free debit card for small businesses aimed at helping them better manage their cash flows, the company said on Thursday.
Germany considers barring Huawei from 5G networks
The German government is debating whether to follow the United States and allies like Australia in restricting China's Huawei Technologies from accessing its next-generation mobile networks on national-security grounds.
Facebook blocks accounts linked to Russian state-owned Sputnik
Facebook Inc said on Thursday it had removed hundreds of Russia-initiated accounts, which it judged to be involved in coordinated inauthentic behavior on its platforms, including some linked to state-owned news agency Sputnik.
In 5G play, Vodafone and IBM link up cloud systems for business
Vodafone is teaming up with IBM to offer businesses a way to link different cloud computing systems to support the next wave of digital advances, such as machine learning, on super-fast fifth-generation telecoms networks.
German government: No decision yet in debate on security of 5G networks
The German government has yet to reach a common stance on whether to follow other countries in excluding Chinese telecoms network equipment firm Huawei Technologies [HWT.UL] from its market on national security grounds, the Interior Ministry said.
Musk tweets Tesla to end customer referral plan because of costs
Tesla Inc's customer referral incentive plan will end on Feb. 1, the electric carmaker's Chief Executive Officer Elon Musk tweeted on Thursday, citing costs.
Venture capital funding of cybersecurity firms hit record high in 2018: report
Venture capital investments in cybersecurity firms hit a record high last year amid a surge in cyber crime over the last few years, according to a report released on Thursday by U.S.-based Strategic Cyber Ventures.
Israeli games developer Playtika buys Austrian card games maker
Israeli mobile games company Playtika said on Thursday it has acquired Austria-based card games firm Supertreat GmbH, just a month after it bought German puzzle developer Wooga GmbH as it seeks to expand further into casual games.
TSMC offers gloomy revenue forecast, slams chipmaker shares
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) cut full-year investment and forecast its sharpest quarterly revenue fall in a decade, joining a string of tech companies warning of a slowdown in global smartphone demand.
Germany's BDI on Huawei: No vendor should be excluded from 5G without evidence
No vendors should be excluded from Germany's fifth-generation mobile networks if there is no evidence against them, the BDI industry association said, responding to calls to bar China's Huawei Technologies on national security grounds.
Facebook removes more pages, accounts with Russia links
Facebook Inc said on Thursday it had removed hundreds of Russia-initiated pages, accounts and groups that it judged to be involved in coordinated inauthentic behavior on its Facebook and Instagram platforms.
China's Tencent releases test version of Game of Thrones smartphone game
Tencent Holdings has released a test version of a third-party developed smartphone game in China based on U.S. hit television show Games of Thrones, bolstering its pipeline that has been hit by government curbs of online gaming.
U.S. legislation steps up pressure on Huawei and ZTE, China calls it 'hysteria'
A bipartisan group of U.S. lawmakers introduced bills on Wednesday that would ban the sale of U.S. chips or other components to Huawei Technologies Co Ltd [HWT.UL], ZTE Corp or other Chinese telecommunications companies that violate U.S. sanctions or export control laws.
China calls proposed U.S. legislation against Huawei, ZTE 'hysteria'
China's Foreign Ministry said on Thursday that proposed U.S. legislation targeting Huawei, ZTE and other Chinese telecommunications equipment companies was due to "hysteria", and urged U.S. lawmakers to stop the bills.
Apple, Amazon called out for 'incorrect' Taiwan, Hong Kong references
One of China's top government-linked think tanks has called out Apple Inc, Amazon.com Inc and other foreign companies for not referring to Hong Kong and Taiwan as part of China in a report that provoked a stern reaction from Taipei.