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Updated: 42 min 56 sec ago

'Smart' clothing can boost wearable tech: Singapore researchers

Thu, 08/15/2019 - 16:31
Researchers in Singapore have invented 'smart' clothing they say can boost signals and save battery life on wireless devices such as headphones and smart watches.

Uganda's cash-strapped cops spend $126 million on CCTV from Huawei

Thu, 08/15/2019 - 15:47
A forest of slender white poles topped with dark, unblinking eyes is quietly sprouting on the rubbish-strewn, potholed street corners of the Ugandan capital.

Online spending splurge helps UK retail sales grow unexpectedly in July

Thu, 08/15/2019 - 15:39
British retail sales edged up unexpectedly in July, helped by the strongest growth in online spending in three years, suggesting consumers continued to support the economy ahead of the Oct. 31 Brexit deadline.

Bitcoin slumps to two-week low on technical trading, market jitters

Thu, 08/15/2019 - 15:35
Bitcoin extended losses on Thursday after suffering its worst day for a month on Wednesday, with traders citing factors ranging from technical trading to jitters in traditional markets washing into cryptocurrency trading.

Lenovo warns of price hikes to absorb U.S. tariffs, shares slide

Thu, 08/15/2019 - 11:23
China's Lenovo Group, the world's largest PC maker, warned it will have to raise product prices if U.S. tariffs increase, sending its shares tumbling 6.5% to two-month lows.

China's Lenovo first-quarter profit more than doubles on record PC market share

Thu, 08/15/2019 - 08:26
Chinese PC maker Lenovo Group reported a more than two-fold jump in first-quarter profit on Thursday, beating analysts' estimates thanks to robust sales of personal computers.

China's Lenovo Group first-quarter profit more than doubles, beats expectations

Thu, 08/15/2019 - 07:20
Chinese personal computer maker Lenovo Group reported a more than two-fold jump in first-quarter profit on Thursday, beating analysts' estimates thanks to robust performance by its personal computer and smart-devices business.

Tariffs, China sales weigh on Cisco outlook, shares slide

Thu, 08/15/2019 - 06:41
Cisco Systems Inc said on Wednesday that impending U.S. tariffs and Chinese customers shunning the networking company's gear were weighing on its business, and it forecast sales and profit below Wall Street targets.

Vision Fund makes $110 million bet on renewable energy storage

Thu, 08/15/2019 - 06:09
Softbank Group's Vision Fund has made its first foray into energy storage technology with a $110 million investment in Switzerland-based Energy Vault.

Cisco slides as first-quarter forecast disappoints

Thu, 08/15/2019 - 05:27
Cisco Systems Inc forecast current-quarter profit below Wall Street estimates on Wednesday as it struggles to transition to a software-focused company from its traditional business of selling routers and switches, sending shares down 7.6%.

Buffett's Berkshire boosts Amazon.com bet, attracts Ackman

Thu, 08/15/2019 - 04:35
Warren Buffett's Berkshire Hathaway Inc on Wednesday said it boosted its stake in Amazon.com Inc by 11% during the second quarter, increasing its bet on the powerful online retailer even as stocks traded near record highs.

Microsoft's latest privacy policy says vendors listen to voice data

Thu, 08/15/2019 - 04:28
Microsoft Corp said on Wednesday it updated its privacy policy to let customers know that it had been collecting voice data of its users with the help of employees and contractors.

Buffett's Berkshire increases bet on Amazon.com

Thu, 08/15/2019 - 03:48
Warren Buffett's Berkshire Hathaway Inc on Wednesday said it boosted its stake in Amazon.com Inc by 11% during the second quarter, as U.S. stock indexes traded near record highs.

Cisco forecasts first-quarter profit below estimates; shares slide

Thu, 08/15/2019 - 03:38
Cisco Systems Inc forecast current-quarter profit below Wall Street estimates on Wednesday as it struggles to transition to a software-focused company from its traditional business of selling routers and switches, sending shares down 7% in extended trading.

Drillisch, United Internet, trim guidance as 5G challenge looms

Thu, 08/15/2019 - 02:55
German telecoms firm 1&1 Drillisch and its parent company United Internet slightly trimmed their profit guidance on Wednesday to account for regulatory effects and the initial costs of a planned 5G network.

Irish regulator queries Facebook on transcription of users' audio

Thu, 08/15/2019 - 01:49
The lead regulator of Facebook in the European Union is seeking information on how the company handled data during the manual transcription of users' audio recordings, Ireland's Data Protection Commission said on Wednesday.

Sierra Nevada chooses ULA's Vulcan to launch space station supply runs

Thu, 08/15/2019 - 01:38
Sierra Nevada Corp, a privately owned defense contractor with spaceflight ambitions, said on Wednesday it picked United Launch Alliance's Vulcan rocket to launch its Dream Chaser space plane on cargo missions to the International Space Station.

Trade tensions and a weaker yuan drive Chinese crypto demand, market players say

Wed, 08/14/2019 - 22:48
Trade tensions between the United States and China and a weakening yuan are boosting demand for cryptocurrencies among Chinese investors, market players from Asia to New York said.

FCC chairman circulates order to approve Sprint, T-Mobile tie-up

Wed, 08/14/2019 - 22:38
Federal Communications Commission Chairman Ajit Pai on Wednesday circulated a draft order that would grant approval to the $26 billion tie-up of T-Mobile Us Inc and Sprint Corp.

Barclays ends partnership with cryptocurrency exchange Coinbase: sources

Wed, 08/14/2019 - 22:08
Barclays is no longer providing banking services to major cryptocurrency exchange Coinbase, sources familiar with the matter told Reuters, ending a relationship that started in March last year as the exchange expanded in Europe.

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