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Reuters:
Samsung Electronics says it will not adopt holding company structure, announces share buyback worth $2.03B; Q1 profit up 48% YoY to $8.75B   —  Strong memory chip earnings propelled tech giant Samsung Electronics Co Ltd (005930.KS) to its best quarterly profit in more than 3 years …
Apr 26, 2017, 8:15 PMIn context
Anjali Athavaley / Reuters:
AT&T misses Q1 expectations on ~3% YoY drop in operating revenue and loss of 61K postpaid subscribers in North America   —  AT&T Inc's (T.N) quarterly revenue missed estimates on lower equipment sales, the company said on Tuesday, as customers held onto their phones longer and it lost wireless subscribers who pay a monthly bill.
Apr 25, 2017, 4:50 PMIn context
Jeffrey Dastin / Reuters:
Amazon opens Amazon Lex, the tech powering Alexa, to all developers and will charge based on how many text or voice requests Lex processes   —  Amazon.com Inc's chief technology officer is working toward a day when people can control almost any piece of software with their voice.
Apr 19, 2017, 3:10 PMIn context
Narottam Medhora / Reuters:
IBM misses with revenue of $18.2B, down 2.8% YoY, as demand for legacy products stagnates; revenue from cloud services, security software, data analytics up 12%   —  International Business Machines Corp (IBM.N) reported a bigger-than-expected decline in revenue for the first time in five quarters due …
Apr 18, 2017, 4:50 PMIn context
Reuters:
Japan's NHK: Apple considering multibillion dollar investment in Toshiba's chip business for stake of more than 20%   —  Apple Inc (AAPL.O) is considering investing at least several billion dollars in the chip business put up for sale by Toshiba Corp (6502.T), public broadcaster NHK reported, citing an unidentified source.
Apr 14, 2017, 1:15 AMIn context
Reuters:
US, UK, France, Finland, and others establish center for researching “hybrid” national security threats, including cyber attacks, propaganda, and disinformation   —  Several EU and NATO countries on Tuesday signed up to establish a center in Helsinki to research how to tackle tactics …
Apr 11, 2017, 2:30 PMIn context
David Ingram / Reuters:
Facebook COO Sheryl Sandberg says company has 5M monthly advertisers, up from 3M in March 2016   —  Facebook Inc (FB.O) plans to announce on Monday that more than 5 million businesses are advertising on the social network each month and that it is updating its suite of ad services to try …
Apr 10, 2017, 10:10 PMIn context
Giulia Segreti / Reuters:
Italy court blocks Uber services in Italy, citing unfair competition   —  A court blocked the use of smart phone apps for Uber cars in Italy on Friday, ruling that they constituted unfair competition.  —  The court said Uber could not use its Black, Lux, Suv, X , XL, Select and Van phone applications nor …
Apr 7, 2017, 7:05 PMIn context
David Shepardson / Reuters:
Sources: FCC Chairman tells trade groups of plans to update net neutrality rules created under Obama, wants to keep basic principles but move enforcement to FTC   —  The chairman of the U.S. Federal Communications Commission is moving quickly to replace the Obama administration's landmark net neutrality rules …
Apr 6, 2017, 11:07 PMIn context
Sijia Jiang / Reuters:
Chinese court orders Samsung to pay Huawei $11.6M for patent infringement; the verdict is first on several lawsuits from Huawei against Samsung   —  A Chinese court has ordered Samsung Electronics's (005930.KS) mainland subsidiaries to pay 80 million yuan ($11.60 million) to Huawei Technologies …
Apr 6, 2017, 2:20 PMIn context

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