7 years ago061Samsung Electronics Co Ltd (005930.KS) on Friday said its second-quarter operating profit likely rose 72 percent from a year earlier to a new record, beating analyst estimates, as strong memory chip prices helped widen margins.
The Apple Inc (AAPL.O) smartphone rival and global memory chip leader said second-quarter operating profit...
7 years ago077Germany's BSI federal cyber agency said on Friday that the threat posed to German firms by recent cyber attacks launched via a Ukrainian auditing software was greater than expected, and some German firms had seen production halted for over a week.
Analyses by computer experts showed that waves of attacks had been launched via software...
7 years ago071A U.S. judge on Friday ruled that Alphabet Inc's self-driving car unit Waymo must disclose documents to attorneys representing Uber Technologies Inc about Waymo's partnership with Lyft Inc, saying the information could be important in Waymo's lawsuit accusing Uber of stealing some of its trade secrets.
Waymo claimed in a lawsuit...
7 years ago063Chinese bike-sharing start-up Ofo said on Thursday it has raised more than $700 million in its latest funding round that was led by Alibaba Group and two others, in the largest such fund-raising in the business that has drawn keen investor interest.
Ofo said in a statement that besides Alibaba, the series E funding was led by Hony...
7 years ago092Taiwan plans to spend T$1 billion ($32.73 million) every year over a period of five years on artificial intelligence research centers, the government said, in a move that will help its technology firms enter the fledgling sector.
"The importance of AI for Taiwan is apparent through its semiconductor companies. Right now, they have an...
7 years ago042Uber said on Thursday it would suspend its unlicensed service UberPOP in Finland until a law deregulating the taxi market comes into effect next year.
The U.S. ride-hailing company has come under fierce pressure from traditional taxi drivers and regulators across Europe who accuse it of unfair competition and skirting traditional...
7 years ago084Tencent Holdings Ltd has shrugged off concerns that a move to limit play time for some users of its top-grossing "Honour of Kings" game could hurt its bottom line, saying those targeted make up only a small portion of its overall user base.
The company said on Sunday "Honour of Kings" players below 12 years of age would be limited to...
7 years ago077Two Afghan girls refused visas to the United States for a robot-building competition said on Tuesday they were mystified by the decision, as the contest's organizers said teams from Iran and Sudan as well as a de facto Syrian team had gained visas.
The unusual story of the Afghan all-girl team of robotics students emerged as the...
7 years ago091Samsung Electronics Co Ltd (005930.KS) is expected to report its best-ever quarterly profit in the second quarter, with soaring memory chip sales pushing it past Intel Corp (INTC.O) as the biggest semiconductor maker by revenue for the first time.
The world's largest memory chip maker is the among the biggest beneficiaries of soaring...
7 years ago084Ukrainian police on Tuesday seized the servers of an accounting software firm suspected of spreading a malware virus which crippled computer systems at major companies around the world last week, a senior police official said.
The head of Ukraine's Cyber Police, Serhiy Demedyuk, told Reuters the servers of M.E.Doc - Ukraine's most...
7 years ago058China's latest maneuver in a sweeping crackdown on internet content has sent a chill through a diverse community of filmmakers, bloggers, media and educators who fear their sites could be shut down as Beijing tightens control. Over the last month, Chinese regulators have closed celebrity gossip websites, restricted what video people can...
7 years ago053Discovery Communications Inc and Time Warner Inc's Turner are taking the unusual step of streaming full episodes of new shows online or on apps before they air on TV to attract younger viewers in the face of slipping ratings.
Premium channels like CBS Corp's Showtime have done this for years to entice new subscribers, but cable...
7 years ago045Financial technology firms in Brazil are targeting lending to small- and mid-sized companies to fill a gap in the credit market left by large lenders deterred by rising delinquencies and narrow margins.
Fintech firms in Brazil have been growing fast in sectors such as consumer lending and credit cards, seeking to undercut some of the...