Technology News
From blue lipstick to Facebook Live, home shopping networks refine their pitch8/15/2018 11:02:58 AM The Home Shopping Network is getting an image makeover.China's Tencent second-quarter profit falls 2 percent, first decline in nearly 13 years8/15/2018 10:52:57 AM Chinese technology giant Tencent Holdings Ltd on Wednesday reported a surprise 2 percent fall in second-quarter net profit, its first decline in nearly 13 years, due to slower growth in mobile games and a drop in PC gaming.Saudi fund may only play minor part in Musk's $72 billion Tesla plan: bankers8/15/2018 9:49:44 AM Elon Musk told investors this week that "obviously, the Saudi sovereign fund has more than enough capital needed" to finance taking Tesla private.China-linked cyberattacks likely as Malaysia reviews projects: security firm8/15/2018 9:43:21 AM Chinese state-sponsored hackers may be targeting companies and state agencies in Malaysia as it looks to review several major projects linked to China's Belt and Road Initiative, cyber security firm FireEye Inc. said on Wednesday.Israel launches three-year program to boost cyber industry8/15/2018 9:26:03 AM The Israeli government said on Wednesday it is investing 90 million shekels ($24 million) to shore up the country's cyber security industry as a global leader.Asian gaming stocks tumble as China halts license approvals8/15/2018 8:36:37 AM Shares of Asian video game companies such as Tencent Holdings , Nexon and Nintendo tumbled on Wednesday due to concerns over delays in new games releases in China, as Beijing halted approvals for game licenses.Former Baidu executive Lu to helm Y Combinator's new China unit8/15/2018 5:19:01 AM U.S. startup incubator Y Combinator said it is establishing a China unit, its first dedicated overseas office, which will be headed by Baidu Inc's former chief operating officer Qi Lu.Soros Fund Management adds popular tech names, BlackRock in second quarter8/15/2018 1:22:57 AM Soros Fund Management LLC added Facebook Inc, Apple Inc and Twitter Inc, but trimmed stakes in Alphabet Inc and Amazon.com Inc in the quarter through June, according to a regulatory filing on Tuesday.Musk bid for Tesla: no formal offer, no firm deals with advisers8/15/2018 12:53:42 AM Tesla Inc's board named a special committee of three directors on Tuesday to decide what to do about Chief Executive Elon Musk's potential offer to take the electric carmaker private, although Musk has yet to make a formal offer and is still negotiating to hire advisers needed to do a deal.A look at Tesla's nine-member board8/15/2018 12:53:42 AM Tesla Inc's board has named a special committee of three directors to negotiate with Chief Executive Elon Musk on taking the electric car maker private, although it said it was yet to see a firm offer from him.Major Tesla shareholders trimmed stakes last quarter: filings8/15/2018 12:53:42 AM Two major Tesla Inc shareholders cut their stakes in the electric automaker during the second quarter, before Chief Executive Elon Musk announced he would try to take the company private earlier this month.Berkshire boosts Goldman, Teva stakes; buys more Apple8/14/2018 9:45:07 PM Warren Buffett's Berkshire Hathaway Inc boosted its investments in Goldman Sachs Group Inc and Israel's Teva Pharmaceutical Industries Ltd during the second quarter and confirmed it has expanded its already huge bet on iPhone maker Apple Inc .Kroger partners with Alibaba in China grocery sales venture8/14/2018 9:36:14 PM Kroger Co has partnered with Alibaba Group Holding Ltd to sell nuts, supplements and other products in China, venturing outside the United States for the first time in what is fast becoming a fierce global battle to dominate online grocery sales.Sprint partners with LG to launch 5G smartphone in 20198/14/2018 7:51:30 PM Sprint Corp said Tuesday it has partnered with phone manufacturer LG Electronics Inc to launch a 5G smartphone in the first half of next year, marking the first 5G device deal for the No. 4 U.S. wireless carrier.'Fintechs' sound cautious note on offer of U.S. bank charter8/14/2018 7:22:01 PM Financial technology companies that lend online are sounding a cautious note on a U.S. banking regulator's plan to offer them special federal charters because of concerns over legal challenges and requirements that are more onerous than expected.Intel discloses three more chip flaws8/14/2018 7:14:51 PM U.S. chipmaker Intel Corp on Tuesday disclosed three more possible flaws in some of its microprocessors that can be exploited to gain access to certain data from computer memory.Tinder founders sue parent IAC, saying it owes them billions8/14/2018 6:35:37 PM A group of founders, executives and early employees of Tinder on Tuesday sued IAC/InterActiveCorp , claiming the parent company deliberately undervalued the dating app to avoid paying them billions of dollars and deprived some employees of stock options.Liga announces landmark free-to-air deal with Facebook in India8/14/2018 5:22:09 PM Spain's top flight soccer division La Liga announced on Tuesday a landmark deal with Facebook which will allow viewers in the Indian sub-continent to watch every game over the next three seasons for free on the social network.Uber names Matt Olsen as chief security officer8/14/2018 4:40:00 PM Uber Technologies Inc [UBER.UL] named Matt Olsen as its chief security officer, the ride hailing company's Chief Executive Officer Dara Khosrowshahi said in a tweet on Tuesday.From laboratory in far west, China's surveillance state spreads quietly8/14/2018 4:14:00 PM Filip Liu, a 31-year-old software developer from Beijing, was traveling in the far western Chinese region of Xinjiang when he was pulled to one side by police as he got off a bus.