Technology
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LG Electronics sees 80 percent drop in fourth-quarter profit; analysts point to thinning TV margins
FILE PHOTO: A man talking on his phone walks past the logo of LG Electronics during Korea Electronics Show 2016 in Seoul, South Korea, October 27, 2016. REUTERS/Kim Hong-Ji SEOUL (Reuters) – South Korea’s LG…
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Intel working with Facebook on AI chip coming later this year
FILE PHOTO: The Intel logo is shown at E3, the world’s largest video game industry convention in Los Angeles, California, U.S. June 12, 2018. REUTERS/Mike Blake (Reuters) – Intel Corp said on Monday at the…
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U.S. initiative warns firms of hacking by China, other countries
WASHINGTON (Reuters) – The Trump administration on Monday launched a drive to push U.S. firms to better protect their trade secrets from foreign hackers, following a slew of cases accusing individuals and companies of economic…
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Chinese tech investors flee Silicon Valley as Trump tightens scrutiny
SAN FRANCISCO (Reuters) – New Trump administration policies aimed at curbing China’s access to American innovation have all but halted Chinese investment in U.S. technology startups, as both investors and startup founders abandon deals amid…
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Samsung Electronics braces for profit drop as China slowdown chips away at demand
SEOUL (Reuters) – Samsung Electronics Co Ltd (005930.KS) is set to post its first drop in quarterly operating profit in two years as slowing economic growth in China, a key market for the South Korean…
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Mercedes aims to be among top two players to scale autonomous tech: paper
FILE PHOTO: Mercedes-Benz logo is seen on the second press day of the Paris auto show, in Paris, France, October 3, 2018. REUTERS/Benoit Tessier FRANKFURT (Reuters) – Mercedes-Benz’s is not aiming to be the first…
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Tesla urges tariff exemption for Chinese-made car computer ‘brain’
WASHINGTON (Reuters) – Tesla Inc has asked the Trump administration to exempt the Chinese-made car computer “brain” of its new Model 3 sedan from 25 percent tariffs imposed in August, saying they threaten the electric…
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Samsung, Huawei supply majority of own modem chips, Qualcomm says
SAN JOSE, Calif. (Reuters) – The two largest smart phone makers in the world supply a majority of their own modem chips to help their devices connect to wireless data networks, according to evidence presented…
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German politicians’ data published online in massive breach
BERLIN (Reuters) – Personal data and documents from hundreds of German politicians and public figures have been published online, in what appears one of the most far-reaching cyber attacks in a country that has become…
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Court battle, trade war and 5G spell tough 2019 for Apple in China
SHANGHAI/SAN FRANCISCO (Reuters) – Apple Inc’s chief executive Tim Cook has his work cut out in China this year: the iPhone maker faces the looming threat of a court-ordered sales ban, the uncertain outcome of…
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Qualcomm kicks off crucial fight with U.S. antitrust regulator
SAN JOSE, California – (Reuters) – The U.S. Federal Trade Commission’s antitrust case accusing Qualcomm Inc (QCOM.O) of abusing a monopoly on mobile chip technology kicked off in a California courtroom on Friday in a…
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Bipartisan bill unveiled in Senate to stop China tech threats
FILE PHOTO: Senate Intelligence Committee Vice Chairman Senator Mark Warner listens to testimony from Twitter CEO Jack Dorsey and Facebook COO Sheryl Sandberg at a hearing on foreign influence operations on social media platforms on…
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Tesla to start delivering Model 3 to China buyers in March
A 2018 Tesla Model 3 electric vehicle is shown in this photo illustration taken in Cardiff, California, U.S., June 1, 2018. Picture taken June 1, 2018. REUTERS/Mike Blake BEIJING (Reuters) – Tesla Inc (TSLA.O) said…
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Qualcomm enforces ban to halt some Apple iPhone sales in Germany
(Reuters) – Qualcomm Inc (QCOM.O) on Thursday took steps to enforce a court order banning the sale of some iPhone models in Germany, a move that will likely see Apple Inc (AAPL.O) pull those iPhone…
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Apple shares slide after iPhone maker issues rare revenue warning
(Reuters) – Apple Inc shares fell as much as 9 percent in early trading after the iPhone maker blamed weak China demand for its revenue shortfall in the holiday quarter, a clear sign of the…
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Apple cuts sales forecast as China sales weaken; iPhone pricing in focus
SAN FRANCISCO/BENGALURU/SHANGHAI (Reuters) – Apple Inc on Wednesday took the rare step of cutting its quarterly sales forecast, with Chief Executive Tim Cook blaming slowing iPhone sales in China, whose economy has been dragged down…
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Apple cuts forecast, citing weak China sales amid trade tensions
(Reuters) – Apple Inc on Wednesday cut its sales forecast for its latest quarter, with Chief Executive Tim Cook blaming slowing iPhone sales in China, whose economy has been dragged down by uncertainty around U.S.-China…
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San Bernardino shooting lawsuits vs Facebook, Google, Twitter dismissed
(Reuters) – A federal judge has dismissed lawsuits seeking to hold Facebook, Google and Twitter liable to victims of the December 2015 mass shooting in San Bernardino, California for letting Islamic State flourish on their…
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Netflix pulls comedy show episode in Saudi Arabia: media
(Reuters) – Netfilx pulled an episode of the comedy show “Patriot Act with Hasan Minhaj” from its Internet streaming service in Saudi Arabia after kingdom officials complained, multiple media outlets reported Tuesday. Metropolitan Museum of…
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Google wins U.S. approval for radar-based hand motion sensor
WASHINGTON (Reuters) – Alphabet Inc’s Google unit won approval from U.S. regulators to deploy a radar-based motion sensing device known as Project Soli. Google signage is seen at the Google headquarters in the Manhattan borough…
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Tesla has over 3,000 Model 3s left in U.S. inventory: Electrek
FILE PHOTO: A row of new Tesla Model 3 electric vehicles is seen at a parking lot in Richmond, California, U.S. June 22, 2018. Picture taken June 22, 2018. REUTERS/Stephen Lam (Reuters) – Tesla Inc…
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U.S. judge dismisses suit versus Google over facial recognition software
Google signage is seen at the Google headquarters in the Manhattan borough of New York City, New York, U.S., December 19, 2018. REUTERS/Shannon Stapleton (Reuters) – A lawsuit filed against Google by consumers who claimed…
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China restarts video game approvals after months-long freeze
FILE PHOTO – People play computer games at the China Digital Entertainment Expo and Conference (ChinaJoy) in Shanghai, China July 27, 2017. REUTERS/Aly Song/File Photo SHANGHAI (Reuters) – China on Saturday approved the release of…
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China’s Supreme Court to take on intellectual property cases
A Chinese national flag flutters near a minaret of the ancient Id Kah Mosque in the Old City in Kashgar in Xinjiang Uighur Autonomous Region, China September 6, 2018. Picture taken September 6, 2018. To…
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U.S. OneWeb satellite service has not offered stake to Russia
A woman uses a computer keyboard in this photo illustration taken in Sydney June 23, 2011. REUTERS/Tim Wimborne MOSCOW (Reuters) – The U.S. satellite startup OneWeb, which plans to create a worldwide internet network using…
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Tesla names close Musk friend Larry Ellison to board
(Reuters) – Tesla Inc on Friday named Oracle Corp co-founder Larry Ellison, a shareholder and self-described close friend of Chief Executive Elon Musk, to its board to provide the independent oversight demanded by U.S. regulators…
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Yankees in talks with Amazon, Sinclair to bid for Yes Network: WSJ
FILE PHOTO: New York Yankees’ Derek Jeter waits to bat as he stands near the Yankees logo painted on the infield behind home plate during the fourth innings of the Yankees’ game against the Tampa…
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Dell returns to market with NYSE listing
(Reuters) – Dell Technologies Inc DELL.N returned to public markets on Friday, nearly six years after the company’s founder and Chief Executive Officer Michael Dell took it private in what was then the biggest buyout…
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Citi cuts Q1 iPhone production estimates on weak demand
Apple’s new iPhone XS and XS Max are displayed after it went on sale at the Apple Store in Tokyo’s Omotesando shopping district, Japan, September 21, 2018. REUTERS/Issei Kato (Reuters) – Citi Research on Friday…
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Tesla names Larry Ellison, Walgreens executive to board
(Reuters) – Tesla Inc on Friday named two independent board directors as part of a September deal with federal regulators to move past the turbulence that followed Chief Executive Elon Musk’s tweet about taking the…