Toshiba hit by fresh profit padding allegations
TOKYO (Reuters) - Toshiba Corp shares fell more than five percent in early trade on Wednesday after media reported the security watchdog suspects the Japanese conglomerate of misreporting profits by 40...
View ArticleSamsung's chip, screen sales to drive Q4 profit to 3-year high -analysts
By Se Young LeeSEOUL (Reuters) - Samsung Electronics Co Ltd is likely to forecast its best quarterly profit in nearly three years on Friday, analysts said, with robust memory chip sales easing the pain...
View ArticleFaraday Future unveils electric vehicle in Las Vegas to kick off CES
By Alexandria Sage and Paul LienertLAS VEGAS (Reuters) - Electric vehicle start-up Faraday Future showed off in Las Vegas on Tuesday a prototype of a vehicle set for production next year as the...
View ArticleSamsung Electronics in talks with LG Display for LCD panel supply: Yonhap
SEOUL (Reuters) - Samsung Electronics Co Ltd is in talks with South Korea's LG Display Co Ltd about a potential liquid crystal display (LCD) panel supply deal for televisions, South Korea's Yonhap News...
View ArticleMaersk, Alibaba team up to offer online booking of ship places
SHANGHAI (Reuters) - Maersk, the world's largest container shipping line, has teamed up with Alibaba to allow customers to reserve space on its vessels through the Chinese company, illustrating growing...
View ArticleAlibaba, in new tack, sues two vendors who it says sold fake watches
HONG KONG (Reuters) - China's Alibaba Group Holding Ltd has sued two vendors it says sold fake Swarovski watches on its Taobao e-commerce platform, its first legal action against counterfeiters amid...
View ArticleAmazon doubles deliveries in 2016 for third-party sellers
By Jeffrey Dastin(Reuters) - Amazon.com Inc shipped 50 percent more items this holiday season than last for third-party vendors and doubled the amount for 2016 overall, the retail giant said on...
View ArticleChinese bike-share start-up Mobike raises $215 million in fresh funding
BEIJING (Reuters) - Chinese bike-sharing start-up Mobike has closed a $215 million series D funding round led by Tencent Holdings and Warburg Pincus LLC.Mobike, founded in 2015, is one of several...
View ArticleBMW, Intel, Mobileye to test 40 driverless cars in second half of 2017
BERLIN (Reuters) - BMW's alliance with Intel and Mobileye aims to put a fleet of around 40 self-driving test vehicles on the road in the second half of this year, the companies said.The premium...
View ArticleTesla starts battery cell production at gigafactory
(Reuters) - Electric car maker Tesla Motors Inc has started mass production of lithium-ion battery cells at its gigafactory in Nevada along with Japan's Panasonic Corp, the company said on...
View ArticleApple confirms $1 billion investment in SoftBank tech fund
(Reuters) - Apple Inc confirmed on Wednesday its plans to invest $1 billion in a tech fund being set up by Japan's SoftBank Group Corp <9984.T>.SoftBank has said it is investing at least $25...
View ArticleCBS signs deal to be on Hulu's live-streaming platform
(Reuters) - CBS Corp has signed a deal to have its broadcast network and some cable programming on Hulu's live streaming service, which is expected to go live this year, the companies said...
View ArticleSnarling traffic, gridlock at CES belies mobility promises
By Alexandria SageLAS VEGAS (Reuters) - At one of the year's top technology conventions where "mobility" is the buzzword, it is a real pain to get around.Over 165,000 people from 150 countries descend...
View ArticleOnline publishing site Medium to cut 50 jobs, change business model
(Reuters) - U.S.-based online publishing platform Medium said it would slash its workforce by a third, or eliminate 50 jobs, close two offices as the company changes its ad-driven business model.The...
View ArticleApple pulls New York Times apps in China after government request
By Cate Cadell and Aishwarya VenugopalBEIJING (Reuters) - Apple Inc has removed the New York Times Co's English- and Chinese-language news apps from its iTunes store in China following a request from...
View ArticleChina's Didi, partners invest over $100 million in Brazil's 99 company
SAO PAULO (Reuters) - Didi Chuxing, China's largest ride-hailing company, is leading a group investing more than $100 million in Brazilian on-demand taxi and ride sharing company 99, the companies said...
View ArticleU.S. Labor department sues Google for compensation data
(Reuters) - The U.S. Department of Labor said on Wednesday it filed a lawsuit against Alphabet Inc's Google unit seeking access to the company's compensation data and documents as part of a routine...
View ArticleLG Display in talks to supply LCD TV panels to Samsung Elec
By Se Young LeeSEOUL (Reuters) - South Korea's LG Display Co Ltd said it was in talks with Samsung Electronics Co Ltd about a supply agreement for television display panels."If we do supply (Samsung)...
View ArticleAhead of key lender meetings, battered Toshiba expects support
By Makiko Yamazaki and Taiga UranakaTOKYO (Reuters) - Toshiba Corp's chairman expects lenders to offer support during key meetings over the coming weeks, as the chips-to-construction conglomerate...
View ArticleFord expands Alexa use, heating up auto personal assistant battle
By Alexandria SageLAS VEGAS (Reuters) - Ford Motor Co is expanding the use of Amazon.com Inc's Alexa personal assistant in its vehicles to allow drivers to talk to their cars - demanding anything from...
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