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HMD Global launches first Nokia smartphone

January 8, 2017 by · Leave a Comment 

HMD Global, the Finnish company that owns the rights to use Nokia's brand on mobile phones, announced on Sunday its first smartphone, targeted for Chinese users with a price of 1,699 yuan ($246). The launch marks the first new smartphone carrying the iconic handset name since 2014 when Nokia Oyj chose to sell its entire handset unit to Microsoft . The new device, Nokia 6, runs on Google's Android platform and is manufactured by Foxconn

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HMD Global launches first Nokia smartphone

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Google shows improved self-driving system in Chrysler Pacifica

January 8, 2017 by · Leave a Comment 

By Alexandria Sage and Paul Lienert DETROIT (Reuters) – Google unveiled its latest self-driving system in a Chrysler Pacifica minivan during a Sunday preview ahead of the Detroit auto show, saying the technology is more reliable and affordable. The announcement came from John Krafcik, head of Google's Waymo unit, whose search for partners to…

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Google shows improved self-driving system in Chrysler Pacifica

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U.S. targets corporate tax-reduction strategy with new regulation

October 14, 2016 by · Leave a Comment 

The Obama administration, in its latest bid to prevent American companies from minimizing U.S. taxes by rebasing abroad, issued final rules on Thursday to combat a key tax-reduction technique known as earnings stripping. Six months after proposing the regulations, the U.S. Treasury made good on its pledge to move swiftly against corporate tax inversions by rolling out the new final rule, despite opposition from business groups and…

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U.S. targets corporate tax-reduction strategy with new regulation

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Exclusive: Hershey CEO Bilbrey prepares to step down – sources

October 14, 2016 by · Leave a Comment 

(Reuters) – The chief executive of Hershey Co , the chocolate company that Oreo cookie-maker Mondelez International Inc tried to acquire earlier this year, is preparing to step down by next summer, people familiar with the matter told Reuters on Thursday.

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Exclusive: Hershey CEO Bilbrey prepares to step down – sources

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Verizon says Yahoo hack ‘material,’ could affect deal

October 14, 2016 by · Leave a Comment 

By David Shepardson WASHINGTON (Reuters) – Verizon Communications Inc said on Thursday it has a “reasonable basis” to believe Yahoo Inc's massive data breach of email accounts represents a material impact that could allow Verizon to withdraw from its $4.83 billion deal to buy the technology company. Verizon's general counsel Craig Silliman told reporters at a roundtable in Washington…

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Verizon says Yahoo hack ‘material,’ could affect deal

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South Korea orders battery safety measures for Samsung Note 7

September 22, 2016 by · Leave a Comment 

South Korea said on Thursday it ordered Samsung Electronics Co Ltd to take additional measures to ensure that batteries used in Galaxy Note 7 handsets are safe, as the firm prepares to resume sales of the smartphone in South Korea. The firm is already issuing replacement devices using what it says are safe batteries in

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South Korea orders battery safety measures for Samsung Note 7

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Nvidia shows off smaller artificial intelligence computer for Baidu car

September 13, 2016 by · Leave a Comment 

(Reuters) – U.S. chipmaker Nvidia Corp showed off on Monday a smaller and more efficient artificial intelligence computer for self-driving cars, saying it would power Baidu's mapping and autonomous vehicle…

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Nvidia shows off smaller artificial intelligence computer for Baidu car

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Microsoft gets support in gag order lawsuit from U.S. companies

September 4, 2016 by · Leave a Comment 

By Dustin Volz WASHINGTON (Reuters) – Technology, media, pharmaceutical and other companies, along with major corporate lobbying groups, filed legal briefs on Friday in support of a Microsoft Corp lawsuit that aims to strike down a law preventing companies from telling customers the government is seeking their data. Microsoft's backers included the U.S. Chamber of Commerce, the National Association of Manufacturers, Delta Air Lines …

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Microsoft gets support in gag order lawsuit from U.S. companies

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German authority would not have approved beta-phase Tesla autopilot: newspaper

July 10, 2016 by · Leave a Comment 

Germany's Federal Office for Motor Vehicles (KBA) would not have approved the autopilot system installed on Tesla cars if the technology was still in a beta-phase version, it told German newspaper Welt am Sonntag. Tesla'…

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German authority would not have approved beta-phase Tesla autopilot: newspaper

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Wal-Mart says tech investments will boost online sales

June 5, 2016 by · Leave a Comment 

By Nandita Bose FAYETTEVILLE, Ark. (Reuters) – Wal-Mart Stores Inc executives touted the technology investments the world's No. 1 retailer is making to boost online sales, during the annual shareholder meeting on Friday. Chief Executive Officer Doug McMillon spoke about initiatives like online grocery pick up, the retailer's two-day shipping program and its mobile wallet, Wal-Mart Pay. Wal-Mart onlines

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Wal-Mart says tech investments will boost online sales

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