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Apple warning shakes European shares as tech stocks tumble

LONDON (Reuters) – Apple’s first sales warning in nearly 12 years sent European shares sliding on Thursday, with the tech sector particularly badly bruised as chipmakers that supply the iPhone maker fell sharply. The pan-European STOXX 600 fell 0.9 percent as ... More »

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Weekend protests led to 17 percent fewer visitors to French…

PARIS (Reuters) – Last weekend’s anti-government protests resulted in a 17 percent drop in the number of visitors to French shopping centers, said a body representing the French shopping center industry on Monday. Earlier on Monday, both the French Finance Min... More »

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Australian regulator says probe of tech giants spurs five…

SYDNEY (Reuters) – Australia’s competition regulator says it has five investigations afoot as a result of its examination of the market power and public influence of tech giants such as Facebook Inc and Alphabet Inc’s Google. “We have five investigations under... More »

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Verizon, Samsung to release 5G smartphones in U.S. in 2019

(Reuters) – Verizon Communications Inc and Samsung Electronics Co Ltd on Monday confirmed long-held industry expectations they would seek to steal a march on Apple Inc by launching U.S. 5G smartphones in the first half of 2019. The two companies said in a stat... More »

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Expanded ProSieben-Discovery streaming venture gets German…

FRANKFURT (Reuters) – Germany’s anti-trust regulator said on Monday it had given its blessing for German broadcaster ProSiebenSat.1 Media SE and U.S. Discovery Inc to expand their joint video streaming platform. The expanded 7TV venture will include content fr... More »

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Samsung Electronics profit growth slows on smartphone weakness

SEOUL (Reuters) – South Korean tech giant Samsung Electronics Co Ltd (005930.KS) estimated on Friday earnings grew at the slowest pace in more than a year in the second quarter, as analysts said weak smartphone sales likely offset record high chip earnings. Sa... More »

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Halfway through, 2018 delivers little to S&P 500 investors

SAN FRANCISCO (Reuters) – Halfway through 2018, investing in Wall Street’s leading S&P 500 stock index has been nothing to shout about. The index of about 500 of the largest U.S. corporations has risen 1.7 percent year to date, far short of its 8 percent incre... More »

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Apple rebuilds mapping app, but will still tap TomTom

(Reuters) – Apple Inc is rebuilding the widely used mapping application on its iPhones from the ground up with its own dataset, but Amsterdam-based TomTom NV will continue to be a data provider for Apple’s maps app, Cupertino, California-based Apple told Reute... More »

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Bain says will help Toshiba Memory pursue big acquisitions

TOKYO (Reuters) – Bain Capital, which led the $18 billion acquisition of Toshiba Memory Corp, said on Monday it plans to support the business in pursuing M&A in the chip industry, including potentially large deals. The world’s No. 2 maker of NAND chips is expe... More »

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Apple said to have chosen OLED for new iPhones- Japan Display…

TOKYO/SEOUL (Reuters) – Apple Inc has decided to use OLED screens in all three new iPhone models planned for next year, according to South Korea’s Electronic Times – a report that sent shares in Japan Display tumbling 10 percent. Japan Display, one of the main... More »

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Apple and Buffett saw value, and acted

SAN FRANCISCO (Reuters) – Apple Inc (AAPL.O) was not the only one to leap on a chance to buy its stock at a fat discount last quarter as Warren Buffett stepped in to scoop up an additional 75 million shares for Berkshire Hathaway (BRKa.N) at the same time. Bet... More »

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Buffett craves more Apple shares, endorses its buybacks

OMAHA, Neb. (Reuters) – Billionaire Warren Buffett has been buying a boatload of Apple Inc shares and on Saturday suggested he would buy even more shares at the right price. At Berkshire Hathaway Inc’s annual shareholder meeting, Buffett credited Apple with de... More »

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The wit and wisdom of Warren Buffett, ‘Oracle of Omaha’

NEW YORK (Reuters) – Billionaire investor Warren Buffett and Berkshire Hathaway Inc Vice Chairman Charlie Munger are answering five hours of questions from shareholders, journalists and analysts at Berkshire’s annual meeting in Omaha, Nebraska. The weekend kno... More »

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Buffett owns 5 percent of Apple. He’d like to own more

OMAHA, Neb. (Reuters) – Warren Buffett said he would be happy if his conglomerate Berkshire Hathaway Inc owned more than 5 percent of Apple Inc’s stock, including if the iPhone maker bought back more of its shares. Buffett made his assessment before tens of th... More »

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Trading in Samsung Electronics shares surges after stock split

SEOUL (Reuters) – Shares in Samsung Electronics Co Ltd (005930.KS) dipped slightly on Friday but trading activity surged after a 50:1 stock split aimed at making it easier for retail investors to buy into the South Korean technology giant. The shares were trad... More »

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Intel soars after brighter forecast for data centers, memory

(Reuters) – Intel Corp (INTC.O) beat earnings expectations for the first quarter and raised its full-year revenue and profit forecasts on Thursday, driven by the biggest-ever quarterly jump in its data center business and small-but-steady growth in its persona... More »

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F1 to set up fully-fledged local entity in China

SHANGHAI (Reuters) – Formula One’s planned Chinese joint venture will have its own marketing, licensing and media rights arms dedicated to growing the sport’s presence in the vast but still nascent market, commercial managing director Sean Bratches has said. “... More »

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Apple says all its facilities now powered by clean energy

(Reuters) – Apple Inc (AAPL.O) on Monday said it had achieved its goal of powering all of the company’s facilities with renewable energy, a milestone that includes all of its data centers, offices and retail stores in 43 countries. The iPhone maker also said n... More »

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As Congress moves to drop tariffs, some U.S. firms cry foul

Korchmar President Mike Korchmar (L) and CEO Michael Korchmar (R) display a bag assembled at the Naples, Florida factory of Korchmar, a family-owned business in Naples, Florida, U.S., February 13, 2018. Picture taken on February 13, 2018. REUTERS/Andy Sullivan... More »

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Big pharma, big data: why drugmakers want your health records

FILE PHOTO: A surgery nurse is seen beside the heart beat monitor in the operating theatre of the Unfallkrankenhaus Berlin (UKB) hospital in Berlin, Germany February 29, 2008. REUTERS/Fabrizio Bensch /File Photo LONDON (Reuters) – Drugmakers are racing to scoo... More »

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Apple Music U.S. subscriber growth outpacing Spotify: WSJ

Customers enter the Apple store on 5th Avenue beneath an Apple logo in the Manhattan borough of New York City, July 21, 2015. REUTERS/Mike Segar NEW YORK (Reuters) – Apple Music is on track to overtake Spotify by number of U.S. subscribers, the Wall Street Jou... More »

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Blockchain to track Congo’s cobalt from mine to mobile

FILE PHOTO: Part of Tilwizembe, a former industrial copper-cobalt mine now occupied by artisanal miners, is seen outside Kolwezi, the capital city of Lualaba Province in the south of Democratic Republic of Congo, June 11, 2016. REUTERS/Aaron Ross/File Photo LO... More »

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Apple’s user base grows, but analysts probe for more detail

FILE PHOTO: An Apple Store staff shows Apple’s new iPhones X after they go on sale at the Apple Store in Regents Street, London, Britain, November 3, 2017. REUTERS/Peter Nicholls/File Photo (Reuters) – In its quarterly earnings report on Thursday, Apple Inc ga... More »

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I tweet from bed sometimes, Trump says

U.S. President Donald Trump waves as he arrives in Zurich, Switzerland January 25, 2018. REUTERS/Carlos Barria LONDON (Reuters) – U.S. President Donald Trump, who has garnered a large following on social media with rambunctious postings, said he sometimes twee... More »

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Some Chinese Apple users warned by firm on dodging new data law

FILE PHOTO: A woman looks at the screen of her mobile phone in front of an Apple logo outside its store in Shanghai, China July 30, 2017. REUTERS/Aly Song/File Photo BEIJING (Reuters) – Some Chinese users of Apple Inc’s (AAPL.O) products who have created Apple... More »

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Samsung profit guidance disappoints, memory outlook cloudy

FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul, South Korea South Korea, October 11, 2017. REUTERS/Kim Hong-Ji/File Photo SEOUL (Reuters) – Samsung Electronics Co Ltd (005930.KS) said it would likely rake in a record fourth... More »

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Canada’s competition watchdog settles with HarperCollins

TORONTO (Reuters) – Publisher HarperCollins has agreed to donate C$150,000 ($120,000) in books as part of a settlement with a Canadian law enforcement agency over accusations it colluded with rival publishers and Apple Inc to set prices, the agency said on Tue... More »

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Huawei’s AT&T U.S. smartphone deal collapses

FILE PHOTO: Visitors try Huawei’s devices during Mobile World Congress in Barcelona, Spain, February 27, 2017. REUTERS/Eric Gaillard/File Photo HONG KONG (Reuters) – Huawei Technologies Co Ltd’s [HWT.UL] planned deal with U.S. carrier AT&T Inc (T.N) to sell it... More »

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SEC mixes message on Apple shareholder proposals, activists say

FILE PHOTO: A customer looks at her Apple iPhone X at an Apple store in New York, U.S., November 3, 2017. REUTERS/Lucas Jackson/File Photo BOSTON (Reuters) – Apple Inc was allowed to disregard one activist shareholder proposal on greenhouse gas emissions but t... More »

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India raises import tax on cellphones, move to hurt Apple

FILE PHOTO: A woman talks on her mobile phone on a pavement in Kolkata, India July 5, 2017. REUTERS/Rupak De Chowdhuri/File Photo NEW DELHI (Reuters) – India has increased the import tax on dozens of electronic products such as mobile phones and television set... More »

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Alibaba redraws retail fault lines with bricks-and-mortar push

FILE PHOTO: A sign of Alibaba Group is seen during the fourth World Internet Conference in Wuzhen, Zhejiang province, China, December 3, 2017. REUTERS/Aly Song/File Photo HANGZHOU, China (Reuters) – In a small village shop near the eastern Chinese city of Hang... More »

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Amazon Prime Video now available on Apple TV

The Amazon TV button on a remote control is shown in this photo illustration. Picture taken November 10, 2017 REUTERS/Mike Blake (Reuters) – Amazon.com Inc and Apple Inc have partnered to bring the Amazon Prime Video app to Apple TV in more than 100 countries,... More »

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Amazon steps up pace in artificial intelligence race

Attendees at Amazon.com Inc annual cloud computing conference walk past the Amazon Web Services logo in Las Vegas, Nevada, U.S., November 30, 2017. REUTERS/Salvador Rodriguez LAS VEGAS (Reuters) – Amazon.com Inc this week announced a flurry of new machine lear... More »

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Qualcomm files new patent infringement complaints against Apple

A sign on the Qualcomm campus is seen, as chip maker Broadcom Ltd announced an unsolicited bid to buy peer Qualcomm Inc for $103 billion, in San Diego, California, U.S. November 6, 2017. REUTERS/Mike Blake (Reuters) – Qualcomm Inc (QCOM.O) said on Thursday it ... More »

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Dialog shares tank on report Apple to design own power chips

FILE PHOTO: The new iPhone X is pictured at the Apple Store Marche Saint-Germain in Paris, France, November 3, 2017. REUTERS/Benoit Tessier/File Photo FRANKFURT (Reuters) – Apple is designing its own power-management chips for use in iPhones as early as 2018, ... More »

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Black Friday, Thanksgiving online sales climb to record high

Customers push their shopping carts after making a purchase at Target in Chicago, Illinois. REUTERS/Kamil Krzaczynski CHICAGO (Reuters) – Black Friday and Thanksgiving online sales in the United States surged to record highs as shoppers bagged deep discounts a... More »

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Shoppers browse stores, buy online as Black Friday deals beckon

A Black Friday sale sign is displayed outside a makeup store at Roosevelt Field shopping mall in Garden City, New York, U.S., November 24, 2017. REUTERS/Shannon Stapleton CHICAGO/NEW YORK (Reuters) – U.S. stores offered deep discounts, entertainment and free g... More »

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U.S. patent review board becomes conservative target

FILE PHOTO: Demonstrators supporting the organization U.S. Inventors burn patents in front of the U.S. Patent and Trademark Office during a protest in Alexandria, Virginia, U.S. on August 11, 2017. REUTERS/Jan Wolfe/File Photo NEW YORK(Reuters) – In August, a ... More »

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Roku hits record high on Philips licensing deal

Roku Inc's shares surged nearly 43 percent to a record high on Monday after the streaming device maker said it signed a licensing deal that would put its technology on Philips-branded televisions in the United States this year. More »

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Broadcom plans record tech deal with Qualcomm bid: sources

Communications chipmaker Broadcom Ltd (AVGO.O) is planning to unveil a bid for smartphone chip supplier Qualcomm Inc (QCOM.O) by Monday, three sources familiar with the matter said on Friday, an attempt to create a roughly $200-billion company through the bigg... More »

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Nokia says to get sales boost after patent ruling

Nokia (NOKIA.HE) will start to book additional revenue from the current quarter after a ruling by an arbitration court on payments from South Korea's LG Electronics (066570.KS) for using its smartphone patents. More »