HIGHLIGHTS Intel struggling as tech users shift away from PCs to mobile phones Sales in the company’s PC business declined 3 percent to $7.3 billion Intel said it expected third-quarter revenue to be $15.6 billion Intel raised its quarterly revenue forecast for the first time in more than two years as suppliers of parts used in personal computers replenish their ... Read More »
New privacy rules may make it easier to escape at least some online tracking. The Federal Communications Commission on Thursday approved rules that require Internet service providers like Comcast, AT&T and Verizon to ask customers’ permission to use or share much of their data. That could potentially make it harder for them to build advertising businesses that could serve as ... Read More »
Online giant Amazon said Thursday its profits more than tripled in the third quarter, but shares fell as the rise was weaker than expected. Amazon extended its string of positive results after years of investments that produced little or no profit, helped by its cloud computing, streaming video and new products and services. Profit surged to $252 million (roughly Rs. ... Read More »
HIGHLIGHTS Amazon offer local shoppers a bridge to sellers in overseas markets Amazon has been struggling to gain a serious foothold in China Prime service in China costs CNY 388 for a year-long subscription Amazon.com Inc has launched a tailored version of its Prime service in China to tap consumer demand for overseas goods, putting the US online retail firm ... Read More »
Images taken by a NASA Mars orbiter indicate that a missing European space probe was destroyed on impact after plummeting to the surface of the Red Planet from a height of 2-4 km (1.2 to 2.5 miles), the European Space Agency said on Friday. The disc-shaped, 577-kg (1,272 lb) Schiaparelli probe, part of the Russian-European ExoMarsprogramme to search for evidence ... Read More »
HIGHLIGHTS Orbital ATK arrived at the ISS delivering 2.5 tons of food and supplies The spaceship launched on October 17 from NASA’s Wallops Flight Facility The cargo ship will remain attached to the space station until November An unmanned cargo ship operated by the US company Orbital ATK arrived Sunday at the International Space Station, delivering 2.5 tons of food ... Read More »
Artificial intelligence programs have beaten chess masters and TV quiz show champions. Next up: stock market cheats. Two exchange operators have announced plans to launch artificial intelligence tools for market surveillance in the coming months and officials at a Wall Street regulator tell Reuters they are not far behind. Executives are hoping computers with humanoid wit can help mere mortals ... Read More »
The European Union may include purchase prices in the criteria used to trigger its antitrust probes, aiming to catch more data-heavy transactions in serious merger reviews in another warning shot to Silicon Valley. The European Commission said Friday the EU’s revenue-based rules mean some deals can currently avoid scrutiny when the target company doesn’t have significant sales even if it ... Read More »
HIGHLIGHTS Salesforce said on Friday that it would not make a bid Twitter CEO Jack Dorsey may now have to chart an independent course Dorsey is likely to face intense scrutiny over his continued role as CEO Twitter Inc faces an uncertain future after Saleforce.com Inc , the last of the companies believed to be interested in buying the troubled ... Read More »
Social networking giant Facebook has agreed to adopt a new European Union (EU) data accord that allows personal information to be transferred to the US, potentially sparking yet another privacy row, the media reported. Facebook has quietly signed the Privacy Shield – a controversial treaty that allows US technology companies to transfer EU citizens’ details abroad. It will apply to certain ... Read More »
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