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Hyunjoo Jin / Reuters:
Samsung reports revenue of $45.8B in Q4 with profits growing 50% YoY to $7.93B, the highest in three years; profit from chips business grew 77% YoY to $4.25B   —  Samsung Electronics Co Ltd (005930.KS) on Tuesday said it expects profit growth in 2017 despite challenges arising from political uncertainty …
Jan 23, 2017, 11:55 PMIn context
Hyunjoo Jin / Reuters:
Samsung says it won't unveil Galaxy S8 smartphone at Mobile World Congress, suggesting the flagship may launch later than last year's version   —  Tech giant Samsung Electronics Co Ltd said on Monday it will not unveil its Galaxy S8 smartphone at the Mobile World Congress (MWC) trade show this year …
Jan 22, 2017, 10:55 PMIn context
Liana B. Baker / Reuters:
IDG, owner of PCWorld and IDC, to be acquired by Chinese investor group Oceanwide, headed by IDG Greater China chairman Hugo Shong   —  International Data Group, the owner of PCWorld magazine and market researcher IDC, on Thursday said it was being acquired by China Oceanwide Holdings Group and IDG Capital …
Jan 19, 2017, 11:30 AMIn context
Foo Yun Chee / Reuters:
EU says Amazon's Audible subsidiary and Apple will scrap all exclusivity obligations in supply and distribution of audiobooks   —  A decision by Amazon and Apple to scrap all exclusivity obligations in the supply and distribution of audiobooks will likely boost competition, EU antitrust regulators said on Thursday.
Jan 19, 2017, 6:50 AMIn context
Dustin Volz / Reuters:
Nearly 80 rights groups accuse Facebook of “racially biased censorship” of user content, arguing that policies are often unevenly applied   —  Nearly 80 rights groups on Wednesday accused Facebook (FB.O) of “racially biased censorship” and failing to be more transparent …
Jan 18, 2017, 4:00 PMIn context
Eric Auchard / Reuters:
Airbus CEO Tom Enders says company hopes to fly prototype of single-person, self-piloting flying car by the end of 2017   —  Airbus Group plans to test a prototype for a self-piloted flying car as a way of avoiding gridlock on city roads by the end of the year, the aerospace group's chief executive said on Monday.
Jan 17, 2017, 10:35 AMIn context
Reuters:
US appeals court says Apple can be sued for monopolizing iOS app market and not letting users buy apps outside the App Store   —  iPhone app purchasers may sue Apple Inc over allegations that the company monopolized the market for iPhone apps by not allowing users to purchase them outside the App Store …
Jan 12, 2017, 6:50 PMIn context
Anna Irrera / Reuters:
UK P2P lending marketplace Funding Circle raises $100M led by Accel   —  Funding Circle, a peer-to-peer lending marketplace used by small- and medium-sized companies, has raised $100 million in an investment round led by venture capital firm Accel.  —  Existing investors including Baillie Gifford …
Jan 12, 2017, 4:50 AMIn context
Paul Sandle / Reuters:
Snap Inc. to make London its international HQ, aims to avoid routing sales through low tax jurisdictions like Ireland and Luxembourg as other US companies do   —  Messaging app Snapchat said it would make London the home of its international operations, delivering another vote of confidence …
Jan 10, 2017, 3:50 AMIn context
Nate Raymond / Reuters:
Coin.mx bitcoin exchange operator pleads guilty to conspiracy to commit bank fraud and operate unlicensed money transmitting firm, in case tied to JPMorgan hack   —  A Florida man pleaded guilty on Monday to charges that he conspired to operate an illegal bitcoin exchange …
Jan 9, 2017, 1:40 PMIn context

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