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Reuters Technology
Aug 21, 2019

Citigroup, BNP caught up in U.S. case against Huawei CFO: documents
U.S.-based Citigroup and French bank BNP Paribas are caught up in the U.S. criminal case against the chief financial officer of China's Huawei Technologies, according to newly available documents.

Reuters Technology
Aug 21, 2019

Porsche invests in Israeli road visibility startup TriEye
Israel's TriEye, whose short-wave-infra-red sensing technology enables vision in adverse weather and night-time conditions, has expanded its funding round to $19 million with an investment from German sports car manufacturer Porsche .

Reuters Technology
Aug 21, 2019

India has not set deadline to launch electric vehicles: official
The Indian government has not set a deadline to launch electric vehicles or to ban manufacturing of petrol and diesel cars, a government official said on Wednesday.

Reuters Technology
Aug 21, 2019

Xiaomi growth slows as fewer people buy phones, Huawei competition bites
Chinese smartphone maker Xiaomi Corp posted its slowest revenue growth as a public company, missing analysts' estimates, as it lost market share to Huawei and customers held on to their phones before a 5G refresh.

Reuters Technology
Aug 21, 2019

China's Geely posts 40% slump in first-half profit, sees uncertain demand outlook
China's Geely Automobile Holdings Ltd said on Wednesday first-half net profit skid 40% amid a sustained downturn in the world's biggest auto market, and it forecast an uncertain outlook for vehicle demand for the rest of the year.

Reuters Technology
Aug 21, 2019

China's Geely says first-half profit drops 40%
China's Geely Automobile Holdings Ltd said on Wednesday first-half net profit dropped 40%, as the country's auto market sees a sustained decline.

Reuters Technology
Aug 20, 2019

Uber-rival Bolt enters European food delivery business
Estonia's Bolt, a popular ride-sharing service in Eastern Europe and Africa, on Wednesday launched food delivery service in its home town of Tallinn, the nation's capital, and said it plans to roll out Bolt Food this year in South Africa, Latvia and Lithuania as well.

Reuters Technology
Aug 20, 2019

U.S. Justice Department teams up with states on probe of Big Tech firms
The U.S. Justice Department is working with a group of more than a dozen state attorneys general as it moves forward with a broad investigation into major technology companies, the department's antitrust chief, Makan Delrahim, said on Tuesday.

Reuters Technology
Aug 20, 2019

Intel unveils first artificial intelligence chip Springhill
Intel Corp on Tuesday unveiled its latest processor that will be its first using artificial intelligence (AI) and is designed for large computing centers.

Reuters Technology
Aug 20, 2019

Who's tracking you? Facebook users to get more control over data
Facebook Inc said on Tuesday it was tweaking its policies to allow users to see and control the data that the social network gathers from their browsing habits on other websites and apps.

Reuters Technology
Aug 20, 2019

Facebook's Libra faces EU antitrust probe: Bloomberg
Facebook Inc's proposed digital currency Libra faces anti-trust probe by European Union regulators, Bloomberg reported on Tuesday, citing a document seen by the organization.

Reuters Technology
Aug 20, 2019

U.S. conservatives say Facebook needs 'significant work' to address concerns: former senator
A review by a former Republican U.S. senator concludes that political conservatives believe Facebook Inc needs to do "significant work" to satisfy their concerns that the social media website is biased, describing policies and examples that they found problematic without laying out evidence of systemic partisanship.

Reuters Technology
Aug 20, 2019

U.S. DoJ antitrust chief says working with states on Big Tech probe
The U.S. Justice Department is working with a group of more than a dozen state attorneys general as it investigates the market power of major technology companies, the department's antitrust chief, Makan Delrahim, said on Tuesday.

Reuters Technology
Aug 20, 2019

Goldman Sachs, China's Ping An back artificial intelligence firm H20.ai
Goldman Sachs Group Inc, China's Ping An Global Voyager Fund and others have invested $72.5 million in H20.ai, a rapidly growing artificial intelligence startup, the companies said on Tuesday.

Reuters Technology
Aug 20, 2019

Facebook users to see, control personal data taken from other websites
Facebook Inc said on Tuesday it was tweaking its policies to allow users to see and control the data that other websites and apps share with the social network to improve targeted advertising.

Reuters Technology
Aug 20, 2019

Goldman CEO memo calls Apple Card 'a beginning' on launch day
Goldman Sachs Group Inc officially became a credit-card lender on Tuesday by rolling out its first product with Apple Inc , but the bank has aspirations to grow much bigger in consumer lending, its chief executive said in an internal memo viewed by Reuters.

Reuters Technology
Aug 20, 2019

U.S. DoJ antitrust chief says working with states on tech investigation
The U.S. Department of Justice is working with state attorneys general to investigate the market power of technology companies, the department's antitrust chief, Makan Delrahim, said on Tuesday.

Reuters Technology
Aug 20, 2019

Swiss watchdog expects details on Facebook's Libra by end of month
Switzerland's privacy watchdog expects to receive details on Facebook's Libra cryptocurrency by the end of this month, a spokeswoman for the agency said on Tuesday.

Reuters Technology
Aug 20, 2019

Ex-Republican senator: Facebook has 'significant work' to address conservatives' concerns
A year-long review by a former Republican U.S. senator concludes that Facebook Inc has "significant work to be done to satisfy" concerns on the political right that the social media website is biased against conservatives.

Reuters Technology
Aug 20, 2019

Intel launches first artificial intelligence chip Springhill
Intel Corp on Tuesday launched its latest processor that will be its first using artificial intelligence (AI) and is designed for large computing centers.

Reuters Technology
Aug 20, 2019

Delivery robot firm Starship raises $40 million
Starship Technologies, a company set up by two founders of video messaging business Skype, has raised another $40 million to expand its delivery robot business, it said on Tuesday.

Reuters Technology
Aug 20, 2019

Former GOP senator: Facebook has 'significant work' to address conservatives concerns
A year-long review by a former Republican U.S. senator says Facebook Inc has "significant work to be done to satisfy" concerns from conservatives that believe the social media website to be biased against conservatives.

Reuters Technology
Aug 20, 2019

It's connected devices versus consoles at biggest e-games convention
Connected devices are challenging consoles at the world's largest online gaming fair, as hundreds of thousands of fans jostle to see top e-sports stars in action and give feedback that can decide whether a new release is a hit or a flop.

Reuters Technology
Aug 20, 2019

Pompeo: 'No mixed messages' from U.S. on Huawei
U.S. Secretary of State Mike Pompeo said on Tuesday the United States was not sending "mixed messages" on Huawei Technologies and he does not believe a U.S. blacklist of the Chinese telecommunications giant will block a trade deal with Beijing.

Reuters Technology
Aug 20, 2019

Chinese smartphone maker Xiaomi misses estimates as competition hots up at home
China's Xiaomi Corp reported 15% growth in quarterly revenue on Tuesday, missing estimates, as fewer people bought smartphones at home and rival Huawei grabbed market share.

Reuters Technology
Aug 20, 2019

Qualcomm strikes new licensing deal with LG
Qualcomm Inc said on Tuesday that it has entered into a new five-year patent license agreement with LG Electronics Inc to develop, manufacture and sell 3G, 4G and 5G smartphones.

Reuters Technology
Aug 20, 2019

Chinese smartphone maker Xiaomi posts 15% rise in sales, misses estimates
China's Xiaomi Corp reported 15% growth in quarterly revenue on Tuesday, its slowest ever, as fewer people bought smartphones at home and rival Huawei grabbed market share.

Reuters Technology
Aug 20, 2019

Xiaomi posts 15% rise in second quarter revenue, below expectations
China's Xiaomi Corp reported a smaller-than-expected 15% growth in quarterly revenue on Tuesday as fewer people bought smartphones at home and rival Huawei grabbed market share.

Reuters Technology
Aug 20, 2019

Huawei founder details 'battle mode' reform plan to beat U.S. crisis
China's Huawei will spend more on production equipment this year to ensure supply continuity, cut redundant roles and demote inefficient managers as its grapples with a "live-or-die moment" in the wake of U.S. export curbs, founder Ren Zhengfei said.

Reuters Technology
Aug 20, 2019

China cries foul over Facebook, Twitter block of fake accounts
China said on Tuesday it had a right to put out its own views after Twitter and Facebook said they had dismantled a state-backed social media campaign originating in mainland China that sought to undermine protests in Hong Kong.

Reuters Technology
Aug 20, 2019

Japan allows further exports of high-tech material to South Korea
Japan has approved shipments of a high-tech material to South Korea for the second time since imposing export curbs last month, two sources said, ahead of talks by government officials this week to resolve a dispute stemming from their wartime past.

Reuters Technology
Aug 20, 2019

Exclusive: WhatsApp in talks to launch mobile payments in Indonesia - sources
Facebook Inc's messaging service WhatsApp is in talks with multiple Indonesian digital payment firms to offer their mobile transaction services, in a bid to tap the nation's fast growing e-commerce sector, people familiar with the matter said.

Reuters Technology
Aug 20, 2019

China's Baidu beats earnings expectations, shares rally
Chinese internet search giant Baidu Inc beat quarterly earnings estimates on Monday after signing more people up to its video streaming service, sending its shares higher in a relief rally.

Reuters Technology
Aug 20, 2019

Humbled Deutsche Bank faces battle in its own backyard
Online retailer Zalando is just the kind of fast-growing German business with foreign expansion plans that Deutsche Bank Chief Executive Christian Sewing needs to help drive the struggling lender's recovery.

Reuters Technology
Aug 20, 2019

Japan's Docomo to resume orders of Huawei P30 Pro smartphones
NTT Docomo will resume taking orders of Huawei P30 Pro smartphones from Wednesday, the largest Japanese telco said on its website.

Reuters Technology
Aug 20, 2019

Japan allows further exports of high-tech material to South Korea: sources
Japan has approved shipments of a high-tech material to South Korea for the second time since imposing export curbs last month, two sources said, ahead of talks by government officials this week to resolve a dispute stemming from their wartime past.

Reuters Technology
Aug 19, 2019

Japan approves further exports of high-tech material to South Korea: sources
Japan has approved shipments of a high-tech material to South Korea for the second time since imposing export curbs last month, two people familiar with the matter said on Tuesday, ahead of talks this week to resolve the dispute.

Reuters Technology
Aug 19, 2019

Japan again approved shipment of photoresists to South Korea: Yonhap News
Japan has approved shipment of a high-tech material to South Korea for the second time since imposing export curbs last month, Yonhap News Agency reported late on Monday, citing industry and government officials.

Reuters Technology
Aug 19, 2019

FTC chairman says Facebook's plan to merge brands may make it harder to split: FT
Facebook Inc's plan to integrate Instagram and WhatsApp more closely could hinder any attempts to break up the social media giant, Federal Trade Commission Chairman Joseph Simons told the Financial Times on Monday.

Reuters Technology
Aug 19, 2019

Baidu earnings beat estimates on strong video streaming growth
China search engine operator Baidu Inc reported better-than-expected quarterly revenue and profit on Monday, as more people signed up for its video streaming service, sending its shares up 8% in extended trading.

Reuters Technology
Aug 19, 2019

Sony to buy 'Spider-Man' developer Insomniac Games
PlayStation console maker Sony Interactive Entertainment said on Monday it would buy privately held Insomniac Games Inc, known for developing games such as Marvel's "Spider-Man" and third-person shooter "Ratchet & Clank" franchise.

Reuters Technology
Aug 19, 2019

U.S. tech industry leaders: French digital service tax harms global tax reform
Major tech firms and U.S. tech industry groups said on Monday that France's new digital services tax undermines the global tax regime and multilateral efforts to reform it.

Reuters Technology
Aug 19, 2019

Baidu beats revenue estimates on strong video streaming growth
China search engine operator Baidu Inc reported a 1.4% rise in quarterly revenue that beat estimates on Monday, aided by strong growth in its video streaming platform iQIYI.

Reuters Technology
Aug 19, 2019

Factbox: Track Facebook's fight against disinformation campaigns in 2019
Facebook Inc and Twitter Inc said on Monday they had dismantled a state-backed information operation originating in mainland China that sought to undermine protests in Hong Kong.

Reuters Technology
Aug 19, 2019

Visa critical of India's move toward no-fee debit card transactions
Global card payments group Visa is critical of the Indian government's decision to boost adoption of electronic payments by requiring banks and card payment networks to offer no-fee debit card transactions, a senior Visa executive said.

Reuters Technology
Aug 19, 2019

U.S. assures support to American tech firms in India in letter
The United States ambassador to India has written to top American technology firms assuring them of support for a level playing field in India, a letter seen by Reuters showed, amid Washington's concerns over New Delhi's protectionist policies.

Reuters Technology
Aug 19, 2019

Facebook contractor hikes pay for Indian content reviewers
Facebook contractor Genpact has raised minimum wages for the content moderation teams it runs for the Silicon Valley firm in India, the latest sign of improvement for workers after reports of stressful conditions at the social network's sites globally.

Reuters Technology
Aug 19, 2019

U.S. grants Huawei another 90 days to buy from American suppliers
U.S. Commerce Secretary Wilbur Ross said on Monday the U.S. government will extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers, even as nearly 50 of its units were being added to a U.S. economic blacklist.

Reuters Technology
Aug 19, 2019

U.S. grants Huawei another 90 days to buy from American suppliers: Ross
U.S. Commerce Secretary Wilbur Ross said Monday the U.S. government will extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers.

Reuters Technology
Aug 19, 2019

Exclusive: Fearing data privacy issues, Google cuts some Android phone data for wireless carriers
Alphabet Inc's Google has shut down a service it provided to wireless carriers globally that showed them weak spots in their network coverage, people familiar with the matter told Reuters, because of Google's concerns that sharing data from users of its Android phone system might attract the scrutiny of users and regulators.

Reuters Technology
Aug 19, 2019

Russia's Yandex looks at ten-fold increase in driverless car fleet to speed up testing
Yandex, a Russian equivalent to Google, said it is considering expanding its fleet of self-driving cars to up to 1,000 within the next two years in order to speed up tests on the fledgling technology.

Reuters Technology
Aug 19, 2019

Microsoft, Nvidia team up for more realistic visuals on Minecraft game
Microsoft Corp said on Monday it will use chipmaker Nvidia Corp's real-time ray tracing technology to provide the software company's Minecraft video game players more realistic graphics on personal computers.

Reuters Technology
Aug 18, 2019

Shell debuts electric vehicle chargers in Singapore, first in Southeast Asia
Royal Dutch Shell is launching electric vehicle chargers at petrol stations in Singapore, its first such foray in Southeast Asia, the company said on Monday.

Reuters Technology
Aug 18, 2019

U.S. President Trump does not want to do business with China's Huawei
U.S. President Donald Trump on Sunday said he did not want the United States to do business with China's Huawei even as the administration weighs whether to extend a grace period for the company.

Reuters Technology
Aug 18, 2019

Apple CEO warns Trump about China tariffs, Samsung competition
U.S. President Donald Trump said on Sunday that he has spoken with Apple Inc's Chief Executive Tim Cook about the impact of U.S. tariffs on Chinese imports as well as competition from South Korean company Samsung Electronics Co Ltd .

Reuters Technology
Aug 17, 2019

Exclusive: U.S. set to give Huawei another 90 days to buy from American suppliers - sources
The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers, two sources familiar with the situation said.

Reuters Technology
Aug 16, 2019

Exclusive: U.S. to extend Huawei's partial reprieve on supply curbs - sources
The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers, sources familiar with the situation said.

Reuters Technology
Aug 16, 2019

Airbnb records 30% growth rate in first-quarter on booking strength: source
Airbnb Inc recorded $9.4 billion in total booking value in the first quarter, up 31% from the year-ago quarter, a source familiar with the matter said on Friday, a key number that could help pull in investors as the home-sharing company plans its foray into the public market.

Reuters Technology
Aug 16, 2019

Trump says he is having dinner Friday with Apple CEO Cook
U.S. President Donald Trump said he was having dinner on Friday with Chief Executive Officer Tim Cook of Apple Inc, a company the president has criticized for not manufacturing more of its products in the United States.

Reuters Technology
Aug 16, 2019

Amazon.com defeats IRS appeal in U.S. tax dispute
Amazon.com Inc on Friday defeated an appeal by the U.S. Internal Revenue Service in what the online retailer has called a $1.5 billion dispute over its tax treatment of transactions with a Luxembourg subsidiary.

Reuters Technology
Aug 16, 2019

Rental firm walks away from Tesla order after quality dispute
Car rental company Nextmove has walked away from a 5 million euros ($5.55 million) order for 85 Tesla Model 3 electric vehicles following a dispute over how to fix quality issues, the German company said on Friday.

Reuters Technology
Aug 16, 2019

New York financial regulator approves Bakkt trust license
The New York State Department of Financial Services announced on Friday that it granted a license to Bakkt Trust Co LLC to operate as a limited liability trust company.

Reuters Technology
Aug 16, 2019

Germany's Nextmove cancels Tesla order, citing quality issues
German car rental firm Nextmove has canceled the bulk of a 100-vehicle order from Tesla worth 5 million euros ($5.54 million) over quality problems with the Model 3, it said on Friday.

Reuters Technology
Aug 16, 2019

LSE's FTSE stock market suffers longest outage in years
A technical glitch delayed the start of trading on Friday on the UK blue chip FTSE 100 and midcap stock indexes for almost two hours in what was the longest outage at one of the world's top bourses in eight years.

Reuters Technology
Aug 16, 2019

Alibaba and the $15 billion question: Amid Hong Kong's protests, when to list?
Hong Kong's political unrest is posing a dilemma for Alibaba Group Holding Ltd on the timing of its planned $15 billion listing in the city, with sources saying China's biggest e-commerce company is now considering several timetables.

Reuters Technology
Aug 16, 2019

China's Ninebot unveils scooters that drive themselves to charging stations
Segway-Ninebot Group, a Beijing-based electric scooter maker, on Friday unveiled a scooter that can return itself to charging stations without a driver, a potential boon for the burgeoning scooter-sharing industry.

Reuters Technology
Aug 16, 2019

STAR Market tech board offers hope to Chinese venture capitalists
When Chinese venture capital firm New Vision Capital invested in two startups focusing on cloud computing and micro-optics, the plan was to eventually take them public on the Nasdaq exchange.

Reuters Technology
Aug 16, 2019

Irish regulator nears end of first privacy probe, ruling to take months
Ireland's data privacy regulator is close to concluding its first probe into a multinational company under the EU's new privacy laws, likely to involve Facebook's WhatsApp subsidiary, although a formal decision could take months.

Reuters Technology
Aug 15, 2019

Samsung Display considers suspending output at South Korean LCD plant
South Korean panel maker Samsung Display said on Friday it is considering suspending one of its liquid crystal display (LCD) production lines at home due to a supply glut.

Reuters Technology
Aug 15, 2019

Samsung Display may suspend output at South Korean LCD plant: spokeswoman
South Korean panel maker Samsung Display, a unit of Samsung Electronics Co Ltd, is considering suspending one of its liquid crystal display (LCD) production lines in South Korea due to a supply glut, a company spokeswoman said on Friday.

Reuters Technology
Aug 15, 2019

Facebook failed to warn users of known risks before 2018 breach: court filing
Facebook users suing the world's largest social media network over a 2018 data breach say it failed to warn them about risks tied to its single sign-on tool, even though it protected its employees, a court filing on Thursday showed.

Reuters Technology
Aug 15, 2019

Apple says it supports 2.4 million U.S. jobs
Apple Inc said on Wednesday it was either directly or indirectly responsible for 2.4 million U.S. jobs, up 20% from the 2 million the technology company estimated in 2017.

Reuters Technology
Aug 15, 2019

Applied Materials does not expect memory chip recovery before 2020
Applied Materials Inc beat Wall Street estimates for quarterly revenue on Thursday but the chip gear maker cautioned that recovery in the memory chip market is unlikely before 2020.

Reuters Technology
Aug 15, 2019

Nvidia revenue tops expectations on strength in video gaming, auto units
Nvidia Corp's quarterly revenue beat Wall Street estimates on Thursday despite falling from a year earlier, benefiting from a better-than-expected performance of its gaming and automotive chips businesses, sending shares up 6% in extended trading.

Reuters Technology
Aug 15, 2019

Nvidia beats quarterly profit, revenue estimates; shares rise
Nvidia Corp's quarterly revenue and profit beat Wall Street estimates on Thursday, benefiting from a better-than-expected performance of its gaming and automotive chips business, sending shares up 6% in extended trading.

Reuters Technology
Aug 15, 2019

Democrat wants FCC to open T-Mobile, Sprint settlement for comment
U.S. Representative David Cicilline urged Federal Communications Commission Chairman Ajit Pai on Thursday to give the public the chance to comment on a draft order that would grant agency approval to the $26 billion merger of T-Mobile US Inc and Sprint Corp .

Reuters Technology
Aug 15, 2019

Applied Materials fourth-quarter forecast beats estimates, shares rise
U.S. chip gear maker Applied Materials Inc beat Wall Street estimates for quarterly revenue on Thursday and forecast higher-than-expected fourth-quarter revenue and earnings, benefiting from higher demand in its semiconductor business.

Reuters Technology
Aug 15, 2019

Instagram adds tool for users to flag false information
Instagram is adding an option for users to report posts they think are false, the company announced on Thursday, as the Facebook-owned photo-sharing site tries to stem misinformation and other abuses on its platform.

Reuters Technology
Aug 15, 2019

Vietnam says Facebook steps up local content restrictions
Facebook is restricting access to increasing amounts of content in Vietnam, a government official said on Thursday, as the Southeast Asian country ramps up a campaign to tighten access to the internet.

Reuters Technology
Aug 15, 2019

Democratic senator asks Facebook CEO if he gave 'incomplete' testimony
Democratic U.S. Senator Gary Peters on Thursday asked Facebook Inc's chief to answer questions about his April 2018 congressional testimony in light of reports that Facebook captured audio from users and sent it to a vendor to be analyzed and transcribed.

Reuters Technology
Aug 15, 2019

Democratic U.S. senator asks Facebook CEO if he gave 'incomplete' testimony
Democratic U.S. Senator Gary Peters on Thursday asked Facebook chief executive Mark Zuckerberg to answer questions about his 2018 testimony before Congress in light of reports that Facebook captured audio from users and sent it to a vendor to be analyzed and transcribed.

Reuters Technology
Aug 15, 2019

ECB shuts down one of its websites after hacker attack
The European Central Bank shut down one of its websites on Thursday after it was hacked and infected with malicious software.

Reuters Technology
Aug 15, 2019

Online spending helps UK retail sales grow unexpectedly in July
British retail sales unexpectedly edged up in July, helped by the strongest growth in online spending in three years, as consumers continued to support the economy before the Oct. 31 Brexit deadline.

Reuters Technology
Aug 15, 2019

Drillisch shares slump as earnings guidance trimmed, 5G costs loom
Shares in telecoms firm 1&1 Drillisch and its parent United Internet slumped to six-year lows on Thursday after they trimmed profit guidance due to initial 5G network costs and higher line connection charges.

Reuters Technology
Aug 15, 2019

Amazon faces online backlash in China for T-shirts with Hong Kong democracy slogans
Chinese social media users directed their fury at online retailer Amazon.com on Thursday, after discovering T-shirts on its website sporting slogans that support anti-government protesters in Hong Kong.

Reuters Technology
Aug 15, 2019

'Smart' clothing can boost wearable tech: Singapore researchers
Researchers in Singapore have invented 'smart' clothing they say can boost signals and save battery life on wireless devices such as headphones and smart watches.

Reuters Technology
Aug 15, 2019

Uganda's cash-strapped cops spend $126 million on CCTV from Huawei
A forest of slender white poles topped with dark, unblinking eyes is quietly sprouting on the rubbish-strewn, potholed street corners of the Ugandan capital.

Reuters Technology
Aug 15, 2019

Online spending splurge helps UK retail sales grow unexpectedly in July
British retail sales edged up unexpectedly in July, helped by the strongest growth in online spending in three years, suggesting consumers continued to support the economy ahead of the Oct. 31 Brexit deadline.

Reuters Technology
Aug 15, 2019

Bitcoin slumps to two-week low on technical trading, market jitters
Bitcoin extended losses on Thursday after suffering its worst day for a month on Wednesday, with traders citing factors ranging from technical trading to jitters in traditional markets washing into cryptocurrency trading.

Reuters Technology
Aug 15, 2019

Lenovo warns of price hikes to absorb U.S. tariffs, shares slide
China's Lenovo Group, the world's largest PC maker, warned it will have to raise product prices if U.S. tariffs increase, sending its shares tumbling 6.5% to two-month lows.

Reuters Technology
Aug 14, 2019

China's Lenovo first-quarter profit more than doubles on record PC market share
Chinese PC maker Lenovo Group reported a more than two-fold jump in first-quarter profit on Thursday, beating analysts' estimates thanks to robust sales of personal computers.

Reuters Technology
Aug 14, 2019

China's Lenovo Group first-quarter profit more than doubles, beats expectations
Chinese personal computer maker Lenovo Group reported a more than two-fold jump in first-quarter profit on Thursday, beating analysts' estimates thanks to robust performance by its personal computer and smart-devices business.

Reuters Technology
Aug 14, 2019

China's Lenovo Group first-quarter profit more than doubles
Chinese personal computer maker Lenovo Group reported a more than two-fold jump in quarterly profit on Thursday, beating analysts' estimates.

Reuters Technology
Aug 14, 2019

Tariffs, China sales weigh on Cisco outlook, shares slide
Cisco Systems Inc said on Wednesday that impending U.S. tariffs and Chinese customers shunning the networking company's gear were weighing on its business, and it forecast sales and profit below Wall Street targets.

Reuters Technology
Aug 14, 2019

Vision Fund makes $110 million bet on renewable energy storage
Softbank Group's Vision Fund has made its first foray into energy storage technology with a $110 million investment in Switzerland-based Energy Vault.

Reuters Technology
Aug 14, 2019

Cisco slides as first-quarter forecast disappoints
Cisco Systems Inc forecast current-quarter profit below Wall Street estimates on Wednesday as it struggles to transition to a software-focused company from its traditional business of selling routers and switches, sending shares down 7.6%.

Reuters Technology
Aug 14, 2019

Buffett's Berkshire boosts Amazon.com bet, attracts Ackman
Warren Buffett's Berkshire Hathaway Inc on Wednesday said it boosted its stake in Amazon.com Inc by 11% during the second quarter, increasing its bet on the powerful online retailer even as stocks traded near record highs.

Reuters Technology
Aug 14, 2019

Microsoft's latest privacy policy says vendors listen to voice data
Microsoft Corp said on Wednesday it updated its privacy policy to let customers know that it had been collecting voice data of its users with the help of employees and contractors.

Reuters Technology
Aug 14, 2019

Buffett's Berkshire increases bet on Amazon.com
Warren Buffett's Berkshire Hathaway Inc on Wednesday said it boosted its stake in Amazon.com Inc by 11% during the second quarter, as U.S. stock indexes traded near record highs.

Reuters Technology
Aug 14, 2019

Cisco forecasts first-quarter profit below estimates; shares slide
Cisco Systems Inc forecast current-quarter profit below Wall Street estimates on Wednesday as it struggles to transition to a software-focused company from its traditional business of selling routers and switches, sending shares down 7% in extended trading.

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