Trump news conference sets worldwide social media afire
By Melissa FaresNEW YORK (Reuters) - In his first news conference since the Nov. 8 election, President-elect Donald Trump set social media ablaze on Wednesday with remarks including harsh criticism of...
View ArticleChina's Xiaomi targets 2017 sales of $14.5 billion after 2016 overhaul
By Sijia JiangHONG KONG (Reuters) - China's Xiaomi targets 2017 sales of over 100 billion yuan ($14.47 billion), Chief Executive Lei Jun said on Thursday, after a year that saw the firm fall down the...
View ArticleIndia's Tata Consultancy beats third-quarter profit estimates
MUMBAI (Reuters) - India's biggest software services exporter Tata Consultancy Services Ltd (TCS) said it would continue to focus on expanding its digital business after beating analyst estimates with...
View ArticleTrump, tech tycoons talk overhaul of H1B visas
By Mica Rosenberg, Stephen Nellis and Emily StephensonNEW YORK/SAN FRANCISCO (Reuters) - President-elect Donald Trump's transition team has been actively considering ways to revamp a temporary visa...
View ArticleFlipkart reshuffle signals shift to margins over volume
By Sankalp Phartiyal and Shounak DasguptaMUMBAI/BENGALURU (Reuters) - Even before he was appointed to run India's biggest e-commerce company, Kalyan Krishnamurthy had signaled a change: as head of...
View ArticleAmazon to create 100,000 full-time jobs in U.S.
(Reuters) - Amazon.com Inc said on Thursday it would create more than 100,000 full-time jobs in the United States over the next 18 months.Seattle-based Amazon said it plans to increase its full-time...
View ArticleAT&T chief executive, Trump meet amid planned Time Warner merger
NEW YORK (Reuters) - AT&T chief executive Randall Stephenson is meeting with Donald Trump on Thursday in New York amid the company's planned merger with Time Warner Inc . a deal that the Republican...
View ArticleUK lawmakers criticize Amazon.com's 'Webminster' tube ad campaign
By Tom BerginLONDON (Reuters) - Some UK lawmakers criticized an advertising campaign by Amazon.com Inc on Thursday which involved changing the name signs at London's Westminster underground station,...
View ArticleTakata to pay $1 billion to settle U.S. air bag probe: sources
By David ShepardsonNEW YORK (Reuters) - Japan's Takata Corp <7312.T> is expected to plead guilty to criminal wrongdoing as early as Friday as part of a $1 billion settlement with the U.S. Justice...
View ArticleU.S. appeals court revives antitrust lawsuit against Apple
By Stephen Nellis and Dan LevineSAN FRANCISCO (Reuters) - iPhone app purchasers may sue Apple Inc over allegations that the company monopolized the market for iPhone apps by not allowing users to...
View ArticleSouth Korea investigators mull arrest warrant for Samsung leader: Yonhap
SEOUL (Reuters) - South Korean special prosecutor's office is considering whether to seek an arrest warrant for Samsung Group leader Jay Y. Lee amid a probe into an influence-peddling scandal involving...
View ArticleTaiwan's Hon Hai, Japan's Sharp considering LCD plant in U.S.: Nikkei
TOKYO (Reuters) - Taiwan's Hon Hai Precision Industry Co Ltd and its Japanese subsidiary Sharp Corp are studying the possibility of building a liquid crystal display (LCD) plant in the United States,...
View ArticleNintendo disappoints with $299 price for new Switch console
TOKYO (Reuters) - Nintendo Co Ltd <7974.T> on Friday priced its first console in about four years above market expectations, disappointing investors and clouding its prospects of winning back...
View ArticleChinese tech giant's Taiwan deals unravel as Powertech calls off share pact
By J.R. WuTAIPEI (Reuters) - Taiwan's Powertech Technology Inc <6239.TW> said Friday it was terminating a share agreement with China's Tsinghua Unigroup Ltd, unraveling more than $2 billion in...
View ArticleNissan picks London for first European on-road autonomous car tests
LONDON (Reuters) - Japanese carmaker Nissan <7201.T> said it will conduct its first European real-world trials of self-driving cars in London, choosing Britain just months after it said it would...
View ArticleInfosys trims revenue outlook as outsourcers brace for tighter U.S. regime
By Sankalp Phartiyal and Darshana SankararamanMUMBAI/BENGALURU (Reuters) - Infosys Ltd , India's second-biggest software services exporter, pared its full-year revenue growth outlook as it fights...
View ArticleLeEco gets fresh $2.18 billion investment from property developer Sunac
HONG KONG (Reuters) - Chinese technology conglomerate LeEco has secured a new round of investment worth 15.04 billion yuan ($2.2 billion) from property developer Sunac China Holdings <1918.HK>,...
View ArticleStartup investors fret over risks of mass data collection
By Heather SomervilleSANTA BARBARA, Calif. (Reuters) - Nearly every technology startup wants the same thing: more data.But in the rush to collect all manner of information about customers, tensions are...
View ArticleSpaceX 2015 accident cost it hundreds of millions: Wall St. Journal
CAPE CANAVERAL, Fla. (Reuters) - - Elon Musk’s SpaceX lost more than a quarter of a billion dollars in 2015 after a botched cargo run to the International Space Station and the subsequent grounding of...
View ArticleSony Entertainment CEO exiting for a top role at Snap
By Lisa RichwineLOS ANGELES (Reuters) - Sony Entertainment Chief Executive Michael Lynton will step down to become chairman of the board of messaging app owner Snap Inc, a move that puts an experienced...
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