BlackBerry Ltd mentioned on Monday that two high executives have been departing and a 3rd used to be replaced in a extensively anticipated shake-up following this month's naming of a new chief government, and that more changes were coming. The troubled smartphone maker, primarily based in Waterloo, Ontario, mentioned Kristian […]
(Reuters) – Qualcomm Inc mentioned China's value regulator has started an investigation of the cell chipmaker beneath the Chinese language Anti-Monopoly Regulation. Qualcomm stated it used to be now not aware about any violation however would cooperate with the investigation via the Nationwide Construction and Reform Fee (NDRC). The NDRC […]
Apple Inc has sold Israel-based totally PrimeSense Ltd, a developer of chips that allow three-dimensional machine imaginative and prescient, the companies said on Monday. An Apple spokesman validated the purchase but declined to claim how much it spent. Israeli media mentioned it was once about $350 million. "Apple buys smaller […]
Union Verdi is making ready more strikes to step up pressure on Amazon in Germany, its greatest market outside the US, in a dispute over pay and prerequisites, German media said. Employees at Amazon facilities in Unhealthy Hersfeld and Leipzig will stroll out for at least sooner or later on […]
With the aid of Poornima Gupta SAN FRANCISCO (Reuters) – Indicators of abruptly worsening Chinese demand for IT giants IBM and Cisco Methods Inc are beginning to spook Hewlett-Packard investors. HP's yr-long inventory rally sputtered closing week amid fears a sooner-than-predicted slowdown in rising markets, in particular China, may dash […]
By means of Malathi Nayak SAN FRANCISCO (Reuters) – Microsoft Corp bought over 1 million of its new Xbox One recreation consoles inside 24 hours of their hitting retailer shelves on Friday, on par with Sony Corp's PlayStation 4 despite launching in a long way extra international locations. The new […]
By way of Jim Finkle BOSTON (Reuters) – MakerBot, a 3D printer maker which opened two new retail shops this week, is among the companies looking to bring the cutting-aspect digital manufacturing technology to Primary Boulevard customers, however skeptics say the rollout is premature. , opened retail outlets this week […]
By way of Foo Yun Chee BRUSSELS (Reuters) – Microsoft is set to steady unconditional EU regulatory approval for its proposed 5.4-billion-euro ($7.30 billion) takeover of Nokia's mobile phone trade, two folks aware of the subject stated on Friday. The deal, announced in September and which features a 10-12 months […]
GameStop Corp, the arena’s largest retailer of video game merchandise, forecast revenue for the crucial vacation procuring quarter that fell in need of Wall Street expectations, sending its shares down over 10 percent in morning trading on the Nasdaq. Analysts on moderate expected $2.15, consistent with Thomson Reuters I/B/E/S. While […]
Singapore Telecommunications Restricted has gained conditional approval from regulators to obtain your entire possession of an organization liable for developing the town-state's broadband community. In August, NetLink Trust, owned however now not controlled through SingTel, proposed to procure OpenNet Pte Ltd., a consortium creating the broadband community, for S$126 million […]
By Michael Gold TAIPEI (Reuters) – Ailing Taiwanese pc maker Acer Inc introduced Thursday that it has elected founder Stan Shih as its new chairman after the company introduced a restructuring plan earlier this month following several quarters of disappointing revenue. Current company president Jim Wong will step down. The […]
By Kate Holton BARCELONA (Reuters) – Vodafone is open to maintaining community spending above its traditional levels once its two-yr booster software has ended if it desires to reply to purchaser demand and competitor moves, its chief govt stated. Vodafone, the arena’s No. 2 cellular operator, mentioned this month that […]
By Ross Kerber and Sinead Carew BOSTON/NEW YORK (Reuters) – Shareholders of telecom giants AT&T Inc and Verizon Communications Inc are trying to find extra small print related to their sharing of customer knowledge with governments, displaying traders beginning to ward off over the role of communications companies in spying […]
By means of James Pomfret DONGGUAN, China (Reuters) – Hundreds of workers massed out of doors a Nokia manufacturing unit in southern China on Wednesday to protest towards what they referred to as unfair treatment following the sale of the company's cellphones industry to Microsoft Corp. Lack of trust in […]
By means of Dan Levine SAN JOSE, California (Reuters) – Apple Inc tried to steer U.S. jurors to maintain intact a ancient verdict it received against Samsung Electronics Co Ltd ultimate 12 months, whereas the Korean company argued that Apple has overstated its accidents from patent violations. At closing arguments […]