Sales promotion staff stand in front of a Galaxy Note 7 advertisement at a Samsung store in Jakarta, Indonesia, October 11, 2016. REUTERS/Beawiharta Samsung Electronics Co Ltd (005930.KS) scrapped its flagship Galaxy Note 7 smartphone on Tuesday less than two ... More »
The Apple Inc. store is seen in Los Angeles, California, U.S., September 16, 2016. REUTERS/Lucy Nicholson A federal jury in Texas on Friday night ordered Apple Inc to pay more than $302 million in damages for using VirnetX Holding Corp’s patented internet secu... More »
Graphic made available to Reuters on September 25, 2016, depicts the range of sensor information feeding a new set of live traffic services digital mapping company HERE is introducing ahead of the Paris Motor Show in conjunction with automakers Audi, BMW, Merc... More »
A man holds his smartphone which displays the Google home page, in this picture illustration taken in Bordeaux, Southwestern France, August 22, 2016. REUTERS/Regis Duvignau Thailand is studying plans to toughen tax collection rules for internet and technology ... More »
The new iPhone 7 smartphone goes on sale inside an Apple Inc. store in Los Angeles, California, U.S., September 16, 2016. REUTERS/Lucy Nicholson Apple employees enthusiastically counted down the last moments before stores from San Francisco to Shanghai opened ... More »
Amazon.com’s logo is seen at Amazon Japan’s office building in Tokyo, Japan, August 8, 2016. REUTERS/Kim Kyung-Hoon Amazon.com Inc (AMZN.O) and Pandora Media Inc (P.N) are planning to launch new versions of their streaming music services in coming weeks, the N... More »
Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem reacts during a European Union finance ministers meeting in Brussels, Belgium, July 12, 2016. REUTERS/Francois Lenoir Multinational companies should refrain from tax-avoidance practices and pay... More »
European Commission President Jean-Claude Juncker chairs a meeting of the EU executive body in Brussels, Belgium, July 27, 2016. REUTERS/Francois Lenoir An EU ruling that Apple Inc must pay a huge tax bill to Ireland was clearly based on facts and existing rul... More »
A Microsoft logo is seen on an office building in New York City in this July 28, 2015 file photo. REUTERS/Mike Segar/Files Technology, media, pharmaceutical and other companies, along with major corporate lobbying groups, filed legal briefs on Friday in suppor... More »
An employee poses for photographs with Samsung Electronics’ Galaxy Note 7 new smartphone at its store in Seoul, South Korea, September 2, 2016. REUTERS/Kim Hong-Ji Samsung Electronics Co Ltd has recalled all Galaxy Note 7 smartphones equipped with batteries it... More »
TOKYO/SINGAPORE The phenomenal success of Pokemon GO and the surge in Nintendo Co’s (7974.T) market value by $17 billion in just over a week has been seized upon by one of its most vocal investors to press for a change of strategy at the company. Until Pokemon... More »
BEIJING Not everyone loves Pokemon GO, the mobile game that has become an instant hit around the world since a limited release just a week ago. The augmented reality game, in which players walk around real-life neighborhoods to hunt and catch virtual cartoon c... More »
WASHINGTON The U.S. Holocaust Memorial Museum has told Pokemon GO fans not to play the popular new mobile game in its premises, describing it as “extremely inappropriate” in a memorial dedicated to the victims of Nazism. The game involves using a mobile device... More »
SHANGHAI Chinese retail giant Suning Commerce Group Co Ltd, set to tie up a deal for Italian soccer club Inter Milan, is already eyeing bigger ambitions: controlling a global sports empire stretching from soccer clubs to online broadcasting. Suning and Inter M... More »
Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) on Monday revealed a new stake in Apple Inc (AAPL.O), in a bet that the stock price could rebound after iPhone sales fell for the first time. Berkshire held 9.81 million Apple shares worth about $1.07 billion as... More »
Ride-hailing service Didi Chuxing, Uber Technologies Inc’s main rival in China, is working toward an initial public offering in the United States that would likely take place in 2018, a person with knowledge of the plan said on Monday. The Apple Inc-backed fir... More »
BEIJING Apple Inc Chief Executive Tim Cook visited Beijing on Monday, days after announcing a $1 billion deal with ride-hailing app Didi Chuxing, and as the U.S. firm tries to reinvigorate sales in China, its second-largest market after the United States. From... More »
New York Ray Dalio’s Bridgewater Associates hedge fund firm sold off its stakes in Amazon.com Inc, Coca-Cola Inc, and Gap Inc during the first quarter and added new stakes in Alphabet Inc and McDonald’s Corp, according to the latest regulatory filings. Bridgew... More »
TOKYO Apple Inc (AAPL.O) supplier Japan Display Inc (6740.T) warned on Tuesday of a bigger loss in the just-ended business year compared to the previous year as sluggish demand for iPhones dragged down sales of its display panels. Japan Display estimated a net... More »
WASHINGTON The Federal Communications Commission and Federal Trade Commission have asked mobile phone carriers and manufacturers to explain how they release security updates amid mounting concerns over security vulnerabilities, the U.S. agencies said on Monday... More »
BEIJING/DETROIT Tomorrow’s cars will be all-electric, self-driving, connected to high-speed communications networks … and free. And probably Chinese. That, at least, is the vision of Jia Yueting, a billionaire entrepreneur and one of a new breed of Chinese who... More »
The blocking of Apple mobile entertainment services in China poses fresh challenges for the tech company as it prepares to report its first-ever drop in iPhone sales. The news on Thursday that Apple Inc’s (AAPL.O) online book and film services had gone dark in... More »
WASHINGTON The Obama administration on Friday weighed in on the debate over allowing consumers to switch from pricey cable television boxes to less expensive devices, urging regulators to set an example for the rest of government on how to boost competition. C... More »
TOKYO Electronics giant Sony Corp said a factory producing image sensors for smartphone makers will remain closed while it assesses the damage from two deadly earthquakes which hit southern Japan. One of its major customers is Apple, which uses the sensors in ... More »
NEW YORK/WASHINGTON Apple Inc said the U.S. government had failed to show a continued need for its help accessing a locked iPhone in a New York drug case after a third party came forward with a solution to crack a different phone belonging to one of the shoote... More »
The U.S. Justice Department on Friday said it would keep fighting to force Apple Inc to open an iPhone in a New York drug case, continuing its controversial effort to require Apple and other tech companies to help law enforcement authorities circumvent encrypt... More »
WASHINGTON Security researchers and civil liberties advocates on Friday condemned draft legislation leaked from the U.S. Senate that would let judges order technology companies to assist law enforcement agencies in breaking into encrypted data. The long-awaite... More »
SAN FRANCISCO The FBI’s method for breaking into a locked iPhone 5c is unlikely to stay secret for long, according to senior Apple Inc engineers and outside experts. Once it is exposed, Apple should be able to plug the encryption hole, comforting iPhone users ... More »
The Federal Bureau of Investigation has assured law enforcement across the United States that it will help unlock mobile devices such as iPhones involved in investigations when it is allowed by law and policy. The FBI said in a letter to local authorities that... More »
BOSTON Billionaire hedge fund investors Daniel Loeb and Barry Rosenstein made money in March when the stock market came back with stronger gains, but both men’s funds are still in the red for the year, sources familiar with their performance said. Loeb’s Third... More »
Apple Inc will integrate Apple Pay with its Safari browser later this year, allowing users to make purchases from mobile websites, technology website Re/code reported, citing sources. The mobile payments system will be available to shoppers who use iPhone and ... More »
SAN FRANCISCO Amazon.com Inc, under pressure from an activist shareholder to disclose its policies on gender pay equality, said on Wednesday its female employees earned as much as their male counterparts, according to a survey it recently conducted. The disclo... More »
TOKYO Sharp Corp’s (6753.T) two main banks are set to lower interest rates on billions of dollars in loans and offer other financial support as part of a planned takeover by Taiwan’s Foxconn, a source with direct knowledge of the plan said. The move is partly ... More »
Little-known San Jose optical-parts maker Oclaro became the face of a U.S. ban on Tuesday as its shares led telecom-components makers lower over restrictions on selling components to China’s ZTE Corp. Shares of Oclaro, the rare component maker to issue a state... More »
A U.S. appeals court on Friday overturned a $120 million jury verdict against Samsung, finally handing the South Korean smartphone maker a significant win in its longstanding patent feud with top rival Apple. The U.S. Court of Appeals for the Federal Circuit i... More »
SAN FRANCISCO The legal showdown between Apple Inc (AAPL.O)and U.S. law enforcement over encryption, no matter the outcome, will likely accelerate tech company efforts to engineer safeguards against government intrusion, tech industry executives say. Already, ... More »
Prosecutors took unusual steps in enlisting victims of the San Bernardino attack in the government’s heated battle with Apple Inc(AAPL.O) over access to an iPhone belonging to one of the shooters, according to people involved in the effort and legal experts. F... More »
WASHINGTON Twitter Inc (TWTR.N) has shut down more than 125,000 terrorism-related accounts since the middle of 2015, most of them linked to the Islamic State group, the company said in a blog post on Friday. Twitter has said it only takes down accounts when th... More »
Apple Inc has assembled a large team of experts in virtual and augmented reality and built prototypes of headsets that could one day rival Facebook’s Oculus Rift or Microsoft’s Hololens, the Financial Times reported. A secret research unit, housing hundreds of... More »
Wells Fargo & Co and Bank of America Corp are working to integrate mobile payment system Apple Pay into their ATMs, technology news website TechCrunch reported. The banks have deployed engineers to build the Apple Pay options, TechCrunch reported on Thursday, ... More »
SAN FRANCISCO Apple Inc (AAPL.O) forecast its first revenue drop in 13 years and reported the slowest-ever increase in iPhone shipments as the critical Chinese market showed signs of weakening, suggesting the technology company’s period of exponential growth m... More »
SAN FRANCISCO/MUMBAI As China sales show signs of cooling, Apple Inc(AAPL.O) is touting India’s appetite for iPhones, betting that rising wages and an expanding middle class will pull consumers away from the cheap alternatives that currently dominate the marke... More »
HONG KONG/ BEIJING Xiaomi Inc [XTC.UL], China’s second-biggest smartphone vendor, more than doubled Internet services revenue in 2015 to about $564 million, an internal document reviewed by Reuters showed, but still fell well short of an internal target of $1 ... More »
Apple Inc (AAPL.O) CEO Tim Cook has been generally bullish on the prospects in China over the last year, but the latest quarterly results released Tuesday show the company faces headwinds in its second-biggest market. Following are quotes from Cook on China ov... More »
DUBLIN Apple’s (AAPL.O) European headquarters in Ireland was briefly evacuated on Monday while police searched the premises following a security alert that staff said had been completed and they had returned to work. Irish police, who were assisting in searche... More »
NEW YORK Major U.S. growth mutual funds have been among the largest sellers of Apple Inc (AAPL.O) shares over the past six months, fueling speculation that the company’s days of supercharged growth have come to an end. Amid concerns that iPhone sales may be se... More »
The National Football League is planning to live-stream all three games scheduled to be played in London next season, and Apple Inc (AAPL.O) and Alphabet Inc (GOOGL.O) subsidiary Google are among the technology companies in talks to buy the rights to conduct t... More »
STOCKHOLM Swedish telecom equipment maker Ericsson (ERICb.ST) on Monday said it has signed a patent license agreement with Apple Inc (AAPL.O) but did not specify how much it would earn from the deal. Ericsson estimated however that its overall revenues from in... More »
SAN FRANCISCO/BENGALURU Apple Inc Chief Executive Tim Cook dismissed as “total political crap” the notion that the tech giant was avoiding taxes. Cook’s remarks, made on CBS’ 60 Minutes show, come amid a debate in the United States over corporations avoiding t... More »
SYDNEY Australian tax authorities on Thursday took the unprecedented step of publishing the records of hundreds of companies, including Google Inc (GOOGL.O) and Apple Inc APPL.O, which show they paid little or no tax on their in-country earnings. Of more than ... More »
NEW YORK Apple Inc has shut down its Topsy Labs unit, which specialized in analyzing Twitter data and providing insights into current sentiment on a variety of topics, and the move prompted an outcry from many of its users. The website for the platform www.top... More »
SAN FRANCISCO Shares of Apple (AAPL.O) dipped on Wednesday on growing expectations that the consumer technology company may sell fewer iPhones next year than previously thought. In a note to clients on Wednesday, Bank of America cut its estimate for fiscal 201... More »
HONG KONG The theft of toy maker VTech Holdings Ltd’s database highlights a growing problem with basic cyber security measures at small, non-financial companies that handle electronic customer data, industry watchers said on Monday. The hacked data at VTech in... More »
NEW YORK British singer Adele’s new album sold a record 3.38 million U.S. copies in its first full week, Nielsen Music said, becoming the biggest-selling album of 2015 in an astonishing feat for an era when artists rarely top 1 million. In just seven days on s... More »
CHICAGO Sales at U.S. brick-and-mortar stores on Thanksgiving Day and Black Friday were down slightly from last year, but the performance was still seen as strong in a holiday shopping season where discounts spread well beyond the weekend and many shoppers mov... More »
NEW YORK At some Macy’s outlets this holiday season, shoppers who download the retailer’s app will be able to use their smart phones to guide them through the store to products they’re seeking. At JCPenney, customers will be able to take a snapshot of, for exa... More »
Laurene Powell Jobs, widow of Apple Inc (AAPL.O) co-founder Steve Jobs, is the lead investor who funded the buyout of News Corp’s (NWSA.O) money losing digital education business Amplify earlier this year. A representative for Powell Jobs’ organization, the Em... More »
BEIJING/HONG KONG Google, part of Alphabet Inc (GOOGL.O), aims to launch the China version of its Google Play smartphone app store next year, according to people familiar with the matter, its first major foray in the market since ending localized product suppo... More »
MARSHALL, Texas A U.S. jury on Friday found Apple Inc (AAPL.O) did not infringe five antipiracy patents owned by a Pendrell Corp (PCO.O) subsidiary at trial in a Texas federal court. The jury also found that Apple did not prove that the patents were invalid. N... More »
TOKYO/FRANKFURT At the recent Frankfurt Auto Show, Ford Motor Co unveiled a new feature that lets drivers pre-set their car to go at or just above the speed limit. In-car cameras and software read and react to road signs, speeding the car up or slowing it down... More »
SAN FRANCISCOApple Inc (AAPL.O) defeated a U.S. class action lawsuit brought by Apple retail workers over bag search practices at the company’s California brick and mortar outlets, according to a court ruling on Saturday. The decision, from U.S. District Judge... More »
SAN FRANCISCOMobile payments company Square Inc set a price range on Friday for its highly anticipated initial public offering that values the company at up to $4.2 billion, a 30 percent discount to its valuation at its last fundraising round. San Francisco-ba... More »
A U.S. jury on Friday ordered Apple Inc (AAPL.O) to pay the University of Wisconsin-Madison’s patent licensing arm more than $234 million in damages for incorporating its microchip technology into some of the company’s iPhones and iPads without permission. The... More »
President Barack Obama’s administration has backed away from seeking legislation that would give U.S. law enforcement agencies access to individuals’ encrypted messages, the White House said on Saturday. “We are actively engaged with private companies to ensur... More »
The New York Times Co said it aimed to double its annual digital revenue to $800 million by 2020 with a concentrated effort to win over more readers on smartphones. The company has crossed 1 million digital subscribers and it needed to create the same “must-re... More »
TOKYO Taiwan’s Hon Hai Precision Industry Co is considering buying a majority stake in Sharp Corp’s loss-making LCD business for up to 200 billion yen ($1.7 billion), Japan’s Mainichi newspaper said on Monday, without citing any sources. The newspaper said Hon... More »
MENLO PARK, California Indian Prime Minister Narendra Modi received a warm welcome at Facebook headquarters on Sunday for a town hall hosted by CEO Mark Zuckerberg that focused as much on the two men’s backgrounds as the business potential of the world’s secon... More »
U.S. video camera maker GoPro Inc (GPRO.O) shares could plunge to $25 from a recent $35 as its latest product launch underwhelms consumers and competition comes on strong, Barron’s said in a report on Sunday. Barron’s said investors in GoPro are “skittish” abo... More »
Tumblr co-founder Marco Arment, who developed the most popular paid ad-blocker on Apple Inc’s U.S. app store, has pulled the product, citing concerns that the tool could hurt independent Web publishers. In a blog post on Friday, Arment, wrote that he was pulli... More »
Apple Inc is stepping up aid to the thousands of migrants that are streaming into Europe from war-torn countries, Chief Executive Officer Tim Cook told employees in an internal message on Friday. Cook wrote in a message on the company’s intranet site that the ... More »
TOKYO Toshiba Corp (6502.T) swung to a first-quarter loss on weak PC and TV sales, raising pressure on its new chief executive, who is already tasked with improving governance after a $1.3 billion accounting scandal. Toshiba on Monday reported an April-June op... More »
Want to own the new iPhone without burning a hole in your pocket every month? Sprint seems to be the cheapest option in the United States. Sprint Corp’s offer for the 16 GB iPhone 6S with a basic data, calling and text plan costs between $3 and $10.50 less per... More »
Apple Inc (AAPL.O) will make gaming a key part of an Apple TV product it is expected to unveil at an event on Wednesday, according to a New York Times online report on Sunday. The article, which cited unnamed people briefed on Apple’s plans, said the new produ... More »
A weekend screening of “Steve Jobs,” a biopic about Apple Inc’s famous co-founder, drew high praise from some reviewers and suggestions that actor Michael Fassbender could be an Oscar contender for his portrayal of Jobs. While the positive views were not unani... More »
MOUNTAIN VIEW, Calif. U.S. Defense Secretary Ash Carter awarded $75 million on Friday to help a consortium of high-tech firms and researchers develop electronic systems packed with sensors flexible enough to be worn by soldiers or molded onto the skin of a pla... More »
Apple Inc’s Chief Executive Tim Cook took an unusual step of reassuring shareholders on Monday in comments to CNBC about the iPhone maker’s business in China ahead of a dramatic 13 percent drop and rebound in its stock that put it in positive territory. Chines... More »
BEIJING “Tragedy” – that was Alibaba Group Holding Ltd (BABA.N) founder Jack Ma’s prediction for the fate of rival JD.com Inc (JD.O) in comments published earlier this year. On Monday, Alibaba signaled it is no longer writing off its smaller competitor, making... More »
NEW YORK/BOSTON The slowdown in the Chinese economy, which prompted the Chinese government to devalue the yuan currency on Tuesday, has already hammered the shares of U.S. industrial companies. Yet some contrarian U.S. fund managers say there is still room to ... More »
VIENNA The chief executive of BMW hinted in a German paper that there was potential for another of its “i” electric car models. “Between the i3 and the i8, there is space if you look at it from the number point of view,” Harald Krueger told Frankfurter Allgeme... More »
TAIPEI Companies such as electric motor scooter firm Gogoro could hold the key to Taiwan’s economic growth. In just three years, the start-up, which counts Japan’s Panasonic Corp as a strategic partner and Cher Wang, the founder of local smartphone maker HTC C... More »
WASHINGTON/SAN FRANCISCO U.S. government antitrust regulators are looking into claims about whether Apple’s treatment of rival streaming music apps is illegal under antitrust law, according to three industry sources. Apple recently launched a new music streami... More »
SAN FRANCISCO Tumbling markets and economic uncertainty in China pose a risk to major chipmakers such as Qualcomm Inc (QCOM.O) that derive a big portion of their sales from the world’s second-largest economy. Consumer electronics giant Apple Inc (AAPL.O) could... More »
A clothing designer area is pictured at TechShop in the South of Market neighborhood in San Francisco, California April 24, 2014. REUTERS/Robert Galbraith In the shadow of Internet monoliths such as Facebook, Google and Twitter, it’s easy to forget that Silico... More »
Square Inc has been in talks with several rivals for a possible sale as the mobile payments startup looks to stem widening losses and dwindling cash, the Wall Street Journal reported, citing people familiar with the matter. More »
