Technology

  • Nintendo lifts annual profit outlook on strong Switch console sales

    [ad_1] TOKYO (Reuters) – Japanese videogames maker Nintendo Co Ltd raised its full-year operating profit forecast on Monday as supply shortages on its new Switch games console began to ease. FILE PHOTO: A Nintendo Switch…

  • Telekom CEO argues for strong No. 3 player in U.S. wireless market: newspaper

    [ad_1] FRANKFURT (Reuters) – A strong No. 3 player in the U.S. wireless market would enhance competition, the chief of Deutsche Telekom (DTEGn.DE) told a German newspaper, as T-Mobile US Inc (TMUS.O) seeks to merge…

  • China's Baidu teams up with Shouqi on driverless cars: Xinhua

    [ad_1] BEIJING (Reuters) – Chinese search engine giant Baidu and Shouqi Limousine & Chauffeur, a car-hailing operator, are joining up to develop driverless vehicles, the official Xinhua media service reported on Saturday. FILE PHOTO –…

  • Facebook, in reversal, to publish cache of political ads

    [ad_1] SAN FRANCISCO (Reuters) – Facebook Inc (FB.O) announced a plan to increase transparency about its role in political advertising on Friday, ahead of congressional hearings next week on social media companies and Russia’s meddling…

  • Uber hires Pepsi's Tony West as new chief legal officer

    [ad_1] SAN FRANCISCO (Reuters) – Uber Technologies Inc [UBER.UL] said on Friday it hired a new chief legal officer to guide the company through its many legal quandaries, filling one of the crucial vacancies in…

  • Facebook, Twitter, Google executives to testify at U.S. Senate Russia hearing

    [ad_1] WASHINGTON (Reuters) – Executives from Facebook Inc (FB.O), Twitter Inc (TWTR.N) and Alphabet Inc’s (GOOGL.O) Google will testify on Tuesday before a Senate Judiciary subcommittee hearing on allegations of Russian interference in the 2016…

  • Apple says iPhone X pre-orders are 'off the charts'

    [ad_1] (Reuters) – Pre-orders for Apple Inc’s iPhone X are “off the charts”, the company said on Friday, sending its shares up over 2 percent. FILE PHOTO: An attendee checks out a new iPhone X…

  • Wall Street loves electric cars, America loves trucks

    [ad_1] DETROIT (Reuters) – Wall Street may love the shares of Silicon Valley electric carmaker Tesla Inc (TSLA.O), but Americans love big, fuel-thirsty trucks like Ford Motor Co’s (F.N) bestselling F-Series pickups and are paying…

  • Britain believes North Korea was behind 'WannaCry' NHS cyber attack

    [ad_1] LONDON (Reuters) – Britain said on Friday it believed North Korea was behind the “WannaCry” cyber attack in May that disrupted businesses and government services worldwide, including the National Health Service (NHS) in England.…

  • China's HNA in talks to buy e-commerce firm Dangdang likely valued over $1 billion: sources

    [ad_1] HONG KONG (Reuters) – China’s HNA Group Co Ltd [HNAIRC.UL] is in talks to buy a controlling stake in E-commerce China Dangdang Inc in a deal that could value the online marketplace at over…

  • Zenefits, co-founder to pay SEC fine of nearly $1 million

    [ad_1] SAN FRANCISCO (Reuters) – Silicon Valley software startup Zenefits and its co-founder Parker Conrad have been fined nearly $1 million by the U.S. Securities and Exchange Commission as part of a settlement over charges…

  • Twitter says could turn first-ever profit, shares jump

    [ad_1] (Reuters) – Twitter Inc (TWTR.N) said on Thursday it may become profitable for the first time next quarter after slashing expenses over the past year and diversifying its advertising-heavy revenue by ramping up deals…

  • Hydrogen fuel-cell car push 'dumb'? Toyota makes a case for the Mirai

    [ad_1] TOKYO (Reuters) – Having invested heavily in hydrogen, a technology derided by Tesla chief Elon Musk as “incredibly dumb”, Toyota Motor Corp is making a renewed push for fuel cell cars to fill a…

  • Amazon to sell smart locks so it can slip packages into your home

    [ad_1] (Reuters) – Amazon.com Inc (AMZN.O) has plans to drop off packages directly into shoppers’ homes. The world’s largest online retailer on Wednesday announced Amazon Key, a lock and camera system that users control remotely…

  • T-Mobile, Sprint ready board committees to decide on merger: sources

    [ad_1] (Reuters) – T-Mobile US Inc (TMUS.O) and Sprint Corp (S.N) are laying the groundwork for special committees of their boards of directors to decide on a merger between the third and fourth largest U.S.…

  • Toyota: Committed to hydrogen cars despite potential 'game changer' EV battery

    [ad_1] TOKYO (Reuters) – Toyota Motor Corp said its solid-state battery technology under development could be a “game changer” for electric vehicles, but that does not mean it is moving away from hydrogen-powered fuel-cell vehicles.…

  • Amazon launches cash payments in Mexico to lure shoppers online

    [ad_1] MEXICO CITY (Reuters) – Amazon.com Inc launched a cash payment service in Mexico on Tuesday, aiming to expand its customer base in a country where shoppers are wary of credit card fraud and often…

  • New cyber attacks hit airport, metro in Ukraine

    [ad_1] KIEV (Reuters) – Cyber attacks hit Ukraine’s Odessa airport and the metro system in Kiev on Tuesday, with the state-run Computer Emergency Response Team (CERT) saying a new wave of hacks was hitting the…

  • Canon raises annual profit forecast on growing demand for OLED equipment

    [ad_1] TOKYO (Reuters) – Japan’s Canon Inc raised its annual operating profit forecast on Tuesday, its third upward revision this year, on the back of expanding demand for organic light-emitting diode (OLED) screen production equipment.…

  • Facebook tests splitting its News Feed into two

    [ad_1] SAN FRANCISCO (Reuters) – Facebook Inc said on Monday it was testing the idea of dividing its News Feed in two, separating commercial posts from personal news in a move that could lead some…

  • Apple, Samsung face new iPhone damages trial: U.S. judge

    [ad_1] (Reuters) – A U.S. judge has ordered a new trial to determine how much Samsung Electronics Co (005930.KS) should pay Apple Inc (AAPL.O) for copying the look of the iPhone. FILE PHOTO: A Samsung…

  • Cisco nears deal to acquire BroadSoft: source

    [ad_1] SAN FRANCISCO (Reuters) – Cisco Systems Inc (CSCO.O), the world’s largest networking gear manufacturer, is nearing a deal to buy U.S. telecommunications software firm BroadSoft Inc (BSFT.O) for close to $2 billion, a person…

  • Consumer goods firms harness online data to tap Southeast Asia e-commerce boom

    [ad_1] SINGAPORE/BANGKOK (Reuters) – When diaper maker DSG International (Thailand) wants to know what its customers are thinking, it often turns to Lazada, an e-commerce firm majority-owned by Alibaba Group Holding (BABA.N). FILE PHOTO: The…

  • Tesla moves closer to deal to build cars in China

    [ad_1] (Reuters) – Electric car maker Tesla Inc (TSLA.O) said on Sunday it is talking with the Shanghai municipal government to set up a factory in the region and expects to agree on a plan…

  • Japan's Mitsubishi, U.S. partner to invest $1.8 billion in data centers: media

    [ad_1] TOKYO (Reuters) – Japanese trading house Mitsubishi Corp (8058.T) plans to set up a joint venture with U.S. data center operator Digital Realty Trust (DLR.N) and build around 10 data centers in Japan by…

  • U.S. warns public about attacks on energy, industrial firms

    [ad_1] (Reuters) – The U.S government issued a rare public warning about hacking campaigns targeting energy and industrial firms, the latest evidence that cyber attacks present an increasing threat to the power industry and other…

  • Alphabet balloon project to provide limited internet in Puerto Rico

    [ad_1] (Reuters) – Experimental communications balloons provided by Alphabet Inc in collaboration with AT&T Inc will allow some of the carrier’s customers in storm-ravaged Puerto Rico to send texts and access critical information on the…

  • Bitcoin soars to record high above $6,000

    [ad_1] NEW YORK (Reuters) – Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at one point, as investors continued to bet on an asset…

  • Namibia tells Airbnb hosts to register or face jail

    [ad_1] WINDHOEK (Reuters) – Namibia said on Friday that local home owners listed with U.S. short-term rental service Airbnb Inc risk imprisonment if they fail to register with the tourism regulatory body before the end…

  • SoftBank's big checks are stalling tech IPOs

    [ad_1] LAGUNA BEACH, Calif. (Reuters) – Big cash infusions for startups from an ever-expanding group of financiers, led by SoftBank Group Corp (9984.T) and Middle East sovereign wealth funds, have extinguished hopes that the technology…