MUMBAI/DELHI (Reuters) – Apple Inc will begin assembling its top-end iPhones in India through the local unit of Foxconn as early as 2019, the first time the Taiwanese contract manufacturer will have made the product in the country, according to a source familiar with the matter. A motorcyclist rides past the logo of Foxconn, the
PARIS (Reuters) – French tech company Sigfox has developed a bite-size tracker that can be inserted into the horns of rhinos to help conservationists monitor and protect the endangered species. FILE PHOTO: Marion Moreau, Head of Sigfox Foundation, poses during an interview with Reuters at French tech company Sigfox offices in Paris, France, December 7,
A man uses his phone as he walks past a Huawei shop in Beijing, China, December 19, 2018. REUTERS/Thomas Peter HONG KONG (Reuters) – Huawei Technologies’ [HWT.UL] rotating chairman Guo Ping said in his new year’s address that the Chinese tech giant’s revenue in 2018 is expected to be $108.5 billion, up 21 percent year-on-year.
NEW DELHI/MUMBAI (Reuters) – India will ban e-commerce companies such as Amazon.com and Walmart-owned Flipkart Group from selling products from companies in which they have an equity interest. A shipment moves on a conveyor belt at an Amazon Fulfillment Centre (BLR7) on the outskirts of Bengaluru, India, September 18, 2018. REUTERS/ Abhishek N. Chinnappa In
BEIJING/SHANGHAI (Reuters) – On the sidewalks of Shanghai and Beijing, once bright-yellow Ofo bicycles lie in varying states of disrepair – chains unhooked, wheels buckled and paint starting to fade – reflecting the quick rise and sharp fall of the Chinese bike-sharing startup. FILE PHOTO: A worker transports bicycles of the bike-sharing startup Ofo in
MILAN (Reuters) – Italy will offer subsidies of up to 6,000 euros ($6,820) to buyers of new low emission vehicles while slapping taxes on the purchase of larger petrol and diesel cars, according to measures approved in parliament. FILE PHOTO: A woman drives a Renault Twizy two-seat electric car in Rome, Italy, March 5, 2018.
A Tesla Model 3 car is displayed during a media preview at the Auto China 2018 motor show in Beijing, China April 25, 2018. REUTERS/Jason Lee/File Photo BEIJING (Reuters) – Tesla Inc has slashed prices on its Model 3 electric car in China. According to the California-based electric carmaker’s Chinese website, prices of certain Model
MUNICH/SAN FRANCISCO (Reuters) – Chip supplier Qualcomm Inc won a second court skirmish in its worldwide patent battle with Apple Inc on Thursday, with the iPhone maker saying it would pull some older models from its German stores. FILE PHOTO: Man uses iphone while waiting for his airplane at Munich airport, Germany August 3, 2017.
FILE PHOTO: The SpaceX Falcon 9 rocket, scheduled to launch a U.S. Air Force navigation satellite, sits on Launch Complex 40 after the launch was postponed after an abort procedure was triggered by the onboard flight computer, at Cape Canaveral, Florida, U.S., December 18, 2018. REUTERS/Steve Nesius/File Photo (Reuters) – A SpaceX rocket carrying a
The SpaceX Falcon 9 rocket, scheduled to launch a U.S. Air Force navigation satellite, sits on Launch Complex 40 after the launch was postponed after an abort procedure was triggered by the onboard flight computer, at Cape Canaveral, Florida, U.S., December 18, 2018. REUTERS/Steve Nesius (Reuters) – Elon Musk’s SpaceX scrapped Saturday’s launch of a
(Reuters) – Minnesota prosecutors will not charge the chief executive officer of China’s JD.com Inc, Richard Liu, after he was accused of rape by a University of Minnesota student during a recent U.S. visit, authorities said on Friday. FILE PHOTO: JD.com founder Richard Liu poses during a Reuters interview in Hong Kong, China, June 9,
NEW YORK (Reuters) – A bear market in the so-called FAANG stocks – Wall Street’s most popular trade going into the year – is pushing fund managers into searching for the next big growth companies that can lead the overall market higher. Facebook, Amazon, Netflix and Google logos are seen in this combination photo from
(Reuters) – U.S. game software firm Zynga Inc (ZNGA.O) said on Thursday it would buy a majority stake in Finland’s Small Giant Games, maker of the popular Android game Empires & Puzzles, for about $700 million, in a move to strengthen its mobile game portfolio. The Zynga logo is pictured at the company’s headquarters in
SAN FRANCISCO (Reuters) – Millions of users of Amazon’s Echo speakers have grown accustomed to the soothing strains of Alexa, the human-sounding virtual assistant that can tell them the weather, order takeout and handle other basic tasks in response to a voice command. FILE PHOTO: Prompts on how to use Amazon’s Alexa personal assistant are
FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato SINGAPORE (Reuters) – SoftBank Group Corp (9984.T) is nearing a deal to invest $1.5 billion in Grab, three times a previously expected $500 million, as Southeast Asia’s biggest ride-hailing firm looks to
BEIJING/SHANGHAI (Reuters) – Tencent Holdings Ltd’s shares surged on Friday after a local regulatory official said some new video games had been cleared for sale, ending a lengthy freeze in approvals that has spooked players in the world’s largest gaming market. FILE PHOTO: A Tencent sign is seen during the fourth World Internet Conference in
WASHINGTON/LONDON/SAN FRANCISCO (Reuters) – Hackers working on behalf of China’s Ministry of State Security breached the networks of Hewlett Packard Enterprise Co (HPE.N) and IBM (IBM.N), then used their access to hack into their clients’ computers, according to five sources familiar with the attacks. Signs for Hewlett Packard Enterprise Co. cover the facade of the
FILE PHOTO: People look at iPhone X during its launch at the Apple store in Berlin, Germany, November 3, 2017. REUTERS/Hannibal Hanschke MUNICH (Reuters) – A German court ruled on Thursday that iPhone maker Apple Inc infringed a hardware patent of Qualcomm Inc and said the U.S. company could no longer sell some iPhone models
JAIPUR/TONK, India (Reuters) – When India votes in a general election next year, it will be the world’s largest democratic exercise, and the biggest ever test of the role of social media in an election. Volunteers of India’s main opposition Congress party monitor TV news channels and social media inside their war room which was
WASHINGTON (Reuters) – The attorney general for Washington, D.C. said on Wednesday the U.S. capital city had sued Facebook Inc for allegedly misleading users about how it safeguarded their personal data, in the latest fallout from the Cambridge Analytica scandal. FILE PHOTO – A 3D printed Facebook logo is seen in front of displayed cyber
(Reuters) – Shares of chip gear makers fell after a tepid forecast by U.S.-based Micron Technology Inc (MU.O) exacerbated fears that a two-year chip boom was fizzling due to sluggish demand from makers of smartphones, PCs and servers. Memory chip parts of U.S. memory chip maker MicronTechnology are pictured at their booth at an industrial
LOS ANGELES (Reuters) – The Boring Company, Elon Musk’s underground transit venture, planned an unveiling of its first tunnel on Tuesday, two years after the billionaire entrepreneur complained about Los Angeles traffic and vowed to “just start digging” as a remedy. FILE PHOTO: Elon Musk arrives to speak at Boring Company community meeting in Bel
FILE PHOTO: A man operates a self driving Volvo vehicle, purchased by Uber, in Phoenix, Arizona, U.S., December 1, 2017. REUTERS/Natalie Behring WASHINGTON (Reuters) – Uber Technologies Inc received approval from Pennsylvania to resume self-driving car testing on public roads this week, state records show. A company spokeswoman said on Tuesday Uber has not yet
FILE PHOTO: The logo of the web service Amazon is pictured in this June 8, 2017 illustration photo. REUTERS/Carlos Jasso/File Photo (Reuters) – Amazon.com Inc (AMZN.O) said on Tuesday it plans to create 600 new technology jobs in downtown Toronto following the opening of a new 113,000 square foot office in Scotia Plaza. Currently, Amazon
(Reuters) – Qualcomm Inc said it believes Apple Inc remains in violation of a Chinese court’s orders to stop selling iPhones despite a software update that Apple pushed on Monday. FILE PHOTO: An attendee uses a new iPhone X during a presentation for the media in Beijing, China October 31, 2017. REUTERS/Thomas Peter/File Photo Qualcomm
FILE PHOTO: People gather prior to the start of a keynote speech at the All Things Oracle OpenWorld Summit in San Francisco, California September 24, 2013. REUTERS/Jana Asenbrennerova/File Photo (Reuters) – Business software maker Oracle Corp beat Wall Street estimates for quarterly results on Monday, as it added more clients to its cloud services and
LONDON (Reuters) – Bitcoin’s value has plunged by three-quarters this year, sending the original and biggest cryptocurrency back to levels not seen before its bubble. And price isn’t the only aspect of trading that has changed. FILE PHOTO: A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration taken December 8, 2017.
SAN FRANCISCO (Reuters) – The lead attorney for the group of Apple Inc device assemblers seeking at least $9 billion in damages from Qualcomm Inc said on Sunday the contract manufacturers are not in settlement talks with the mobile chip supplier and are “gearing up and heading toward the trial” in April. FILE PHOTO: A
WASHINGTON (Reuters) – Financial technology startup Robinhood could face scrutiny by U.S. regulators over statements that its new checking and savings accounts are insured by an industry-backed protection fund. A photo illustration of Robinhood’s checking and savings accounts provided by Robinhood December 13, 2018. Robinhood/Handout via REUTERS. The uncertainty over the new services underscores the
WASHINGTON/NEW YORK (Reuters) – T-Mobile US Inc and Sprint Corp believe their foreign owners’ offer to stop using Huawei Technologies equipment will help with the United States clearing their $26 billion merger deal, sources said, underscoring the lengths to which Washington has gone to shut out the Chinese company. FILE PHOTO: People walk past a