Baidu denies CEO faces travel ban
BEIJING (Reuters) - Baidu Inc, the Internet firm behind China's largest search engine, on Thursday denied media reports that said CEO Robin Li was subject to a travel ban.A crackdown on corruption in...
View ArticleTesla's 'close to the edge' cash foretells capital raise
By Alexandria SageSAN FRANCISCO (Reuters) - Tesla Inc Chief Elon Musk has taken big risks repeatedly since going public in 2010, but investors were spooked on Thursday after he said the electric car...
View ArticleNYSE plans trial run for Snap IPO
By Chuck Mikolajczak and Lauren Hirsch(Reuters) - The New York Stock Exchange will conduct a trial run of Snap Inc's initial public offering on Saturday, according to a notice given last week to stock...
View ArticleU.S. extends ZTE's sanctions relief until March 29
By Karen FreifeldNEW YORK (Reuters) - Chinese telecom equipment maker ZTE Corp has been granted a slightly longer reprieve from export restrictions imposed by the U.S. government as it seeks to resolve...
View ArticleBitcoin hits 3-year peak, nears record high on U.S. ETF approval talk
By Jemima KellyLONDON (Reuters) - Digital currency bitcoin hit its highest levels in more than three years on Thursday and came within $3 of an all-time peak, on speculation that the first bitcoin...
View ArticleSymantec sought to buy FireEye, talks end with no deal: sources
(Reuters) - Security software provider Symantec Corp held talks to acquire FireEye Inc about six months ago, but is not currently pursuing a deal with the cyber security company, people familiar with...
View ArticleHP Enterprise cuts FY profit forecast, shares slide
By Rishika Sadam(Reuters) - Hewlett Packard Enterprise Co, the corporate hardware and enterprise software business of Hewlett-Packard Co, cut its full-year profit forecast, as the company faces intense...
View ArticleBaidu posts bleak fourth quarter, but sees business reshuffle driving 2017...
By Cate CadellBEIJING (Reuters) - Baidu Inc's revenue fell for a second straight quarter, hurt by a government crackdown on healthcare advertising, but the internet search giant expects a rebound this...
View ArticleGame company seeks to block Facebook from using virtual reality code
By Jan Wolfe(Reuters) - Video game publisher ZeniMax Media Inc., which earlier this month won a $500 million verdict against Facebook Inc.’s Oculus virtual reality unit for unauthorized copying of...
View ArticleAlphabet's self-driving car unit sues Uber with trade theft charge
By Alexandria SageSAN FRANCISCO (Reuters) - Alphabet Inc's Waymo self-driving car unit sued Uber Technologies [UBER.UL] and its autonomous trucking subsidiary Otto on Thursday over allegations of theft...
View ArticleEarly Uber investors call on company to change 'destructive culture'
By Heather SomervilleSAN FRANCISCO (Reuters) - Early investors in Uber Technologies Inc [UBER.UL] wrote to the ride-hailing company on Thursday to criticize it for failing to end a toxic culture of...
View ArticleToshiba says not aware Westinghouse considering Chapter 11 filing
By Makiko YamazakiTOKYO (Reuters) - Toshiba Corp <6502.T> said on Friday it was not aware that its U.S. nuclear unit Westinghouse was considering seeking protection from creditors, an option...
View ArticleSamsung Electronics tightens donation rules; report says two group executives...
By Se Young LeeSEOUL (Reuters) - Tech giant Samsung Electronics <005930.KS> is tightening board oversight on donations while two senior Samsung Group [SAGR.UL] executives reportedly offered to...
View ArticleToshiba says it is considering sale of majority stake in chip unit
TOKYO (Reuters) - Toshiba Corp <6502.T> said on Friday it is looking to sell a majority stake in its prized flash memory chip business to plug a hole in its finances from a $6.3 billion writedown...
View ArticleTwo senior Samsung Group executives offer to resign: Yonhap
SEOUL (Reuters) - Two senior Samsung Group [SAGR.UL] executives have offered to resign to take responsibility for the conglomerate's involvement in the graft scandal involving South Korean President...
View ArticleExclusive: China considers faster IPO approval to lure large tech deals -...
By Julie Zhu and Elzio BarretoHONG KONG (Reuters) - China's securities regulator is considering offering a shortcut for some of the country's largest technology companies to list their shares, allowing...
View ArticleBug causes personal data leak, but no sign of hackers exploiting: Cloudflare
By Jeremy WagstaffSINGAPORE (Reuters) - A bug in its software left hundreds of thousands of webpages hosted by Cloudflare Inc leaking encrypted personal data, but there was no sign yet the leak had...
View ArticleFounder of India's $4 smartphone firm arrested on allegations of fraud
MUMBAI (Reuters) - The founder of an Indian tech firm that shot to prominence by offering a $4 smartphone has been arrested on allegations of fraud, after a handset dealer accused the company of not...
View ArticleBitcoin hits record high above $1,200 on talk of ETF approval
By Jemima KellyLONDON (Reuters) - Digital currency bitcoin jumped to a record high above $1,200 on Friday, as investors speculated the first bitcoin exchange-traded fund (ETF) to be issued in the...
View ArticleBeyond phones and 5G, mobile world seeks to reinvent itself
By Eric Auchard and Sophie SassardFRANKFURT/LONDON (Reuters) - Seeking to escape a cycle of falling prices and tight regulation, big telecom operators from Vimpelcom to Telefonica are set to reinvent...
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