Technology News
IBM revenue fall dims upbeat profit forecast1/19/2017 11:46:42 PM - International Business Machines Corp reported its 19th straight quarter of declining revenue, but forecast full-year earnings above Wall Street estimates due to growth in newer areas such as cloud-based services and analytics.U.S. regulator finds no evidence of defects after Tesla death probe1/20/2017 1:22:06 AMWASHINGTON - U.S. auto safety regulators said on Thursday they found no evidence of defects in a Tesla Motors Inc car involved in the death of a man whose Model S collided with a truck while he was using its Autopilot system.Uber to pay $20 million to settle U.S. claims it misled drivers1/19/2017 10:47:54 PMWASHINGTON - Ride-hailing company Uber Technologies Inc has agreed to pay $20 million to settle claims by the U.S. government that it exaggerated prospective earnings in seeking to recruit drivers and downplayed the costs of buying or leasing a car, documents filed with a federal court on Thursday showed.Samsung Electronics says to hold Galaxy Note 7 briefing on January 231/20/2017 12:07:13 AMSEOUL - Samsung Electronics Co Ltd said it will announce on Jan. 23 the results of a probe on what caused some Galaxy Note 7 smartphones to catch fire, as the firm seeks to recover from one of the biggest product safety failures in tech history.Tech firm creates Trump monitor for stock markets1/19/2017 5:23:16 PMLONDON - Just in time for his inauguration, London-based fintech firm Trading.co.uk is launching an app that will generate trading alerts for shares based on comments made on social media by Donald Trump.Bain, Permira interested as Toshiba flags chip business stake sale: Kyodo1/20/2017 2:24:34 AMTOKYO - Japan's struggling Toshiba Corp has started the process to sell a minority stake in its flash memory chip business worth several billion dollars, and funds Permira and Bain Capital have expressed interest, Kyodo news agency reported.Czech inventor gives snow chains a modern makeover1/19/2017 8:05:45 PMVRBNO POD PRADEDEM, Czech Republic - After struggling one night to get chains on his tyres on a snowy mountain, Czech businessman Petr Gross decided he needed to come up with something that did the job better.Toshiba shares extend losses on accounting woes1/20/2017 12:26:45 AMTOKYO - Shares in Japan's Toshiba Corp extended losses on Friday, weighed down by concern over a potentially bigger-than-expected $6 billion writedown triggered by cost overruns at its U.S. nuclear business.Sweden's Telia mulling bid for Danish peer TDC: Dagens Industri1/20/2017 12:23:30 AMSTOCKHOLM - Swedish telecom operator Telia is mulling a bid for Denmark's TDC , Swedish business daily Dagens Industri reported on Thursday, citing unnamed sources.U.S exchanges rent helicopter, drape banner in pursuit of Snapchat IPO1/19/2017 7:09:39 PMSAN FRANCISCO/NEW YORK - This past November, Nasdaq Inc hired a helicopter to film Manhattan's skyline using Snapchat's new video-camera sunglasses and sent the aerial footage to its social media followers.