Avast to shut Jumpshot after privacy concerns, hundreds of jobs affected
Avast Plc said on Thursday it will be closing its Jumpshot data analytics business and that hundreds of jobs would be affected, a day after...
After dismal 2019, Samsung pins modest recovery hopes on chip market pick-up
Samsung Electronics Co is counting on a gradual recovery in memory chip demand from data centers and 5G smartphone makers to help it bounce back...
Facebook warns revenue growth slowing, costs remain high
Facebook Inc said on Wednesday that growth would continue to slow as its business matured and it reported a surge in quarterly expenses, disappointing Wall...
CalTech wins $1.1 billion jury verdict in patent case against Apple, Broadcom
The California Institute of Technology said on Wednesday that it won a $1.1 billion jury verdict in a patent case against Apple and Broadcom ....
Samsung Electronics says fourth-quarter profit slumped 34%, flags gradual chip recovery
Samsung Electronics Co said on Thursday its fourth-quarter operating profit slid by a third as the South Korean conglomerate soaked up a downturn in the...
EU drops idea of facial recognition ban in public areas: paper
The European Union has scrapped the possibility of a ban on facial recognition technology in public spaces, according to the latest proposals seen by Reuters....
Microsoft cloud revenue reaccelerates, sending profit above Street estimates
Microsoft Corp on Wednesday reported fiscal second-quarter sales and profit that beat Wall Street expectations, driven by the first acceleration of Azure cloud computing revenue...
Tesla extends profit run, promises record production, driving stock up 13%
Tesla Inc on Wednesday posted the second quarterly profit in a row on record vehicle deliveries and said it would deliver more than 500,000 units...
Facebook misses expectations for cost control, shares tumble
Facebook Inc reported a decline in fourth-quarter operating margins on Wednesday, missing Wall Street’s expectations that it would level off spending to improve privacy and...
Canada panel urges taxes and domestic content rules for Netflix, other U.S. firms
Ottawa should require U.S. tech companies such as Netflix , Amazon and Facebook to collect the same taxes as Canadian companies and also be subject...
