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Updated: 58 min 38 sec ago

Exclusive: New documents link Huawei to suspected front companies in Iran, Syria

Tue, 01/08/2019 - 22:45
The U.S. case against the chief financial officer of China's Huawei Technologies, who was arrested in Canada last month, centers on the company's suspected ties to two obscure companies. One is a telecom equipment seller that operated in Tehran; the other is that firm's owner, a holding company registered in Mauritius.

Fintech company Plaid acquires peer Quovo

Tue, 01/08/2019 - 22:16
U.S. fintech company Plaid Inc said on Tuesday it had acquired New York-based peer Quovo Inc to boost its portfolio of software products that connect banks with fintech apps.

Move aside, backseat driver! New tech at CES monitors you inside car

Tue, 01/08/2019 - 20:08
As vehicles get smarter, your car will be keeping eyes on you.

India forms panel to deepen digital payments, led by Infosys' Nilekani

Tue, 01/08/2019 - 20:02
India's central bank on Tuesday said it has constituted a panel with Infosys chairman Nandan Nilekani as its head in a bid to deepen digital payments in Asia's third-biggest economy.

China smartphone shipments seen down 12-15.5 percent last year: market data

Tue, 01/08/2019 - 17:38
Smartphone shipments in China fell between 12-15.5 percent last year, market data indicated, suggesting a bleak outlook for the sector at a time when behemoths Apple and Samsung Electronics have already issued dour forecasts.

LG Electronics sees 80 percent drop in fourth-quarter profit; analysts point to thinning TV margins

Tue, 01/08/2019 - 16:57
South Korea's LG Electronics Inc said on Tuesday its fourth-quarter operating profit likely plummeted 80 percent from the same period a year earlier, falling well below analyst expectations.

Samsung Electronics says weak chip demand sent fourth-quarter profit well below market estimates

Tue, 01/08/2019 - 16:50
Samsung Electronics surprised the market on Tuesday with an estimated 29 percent drop in quarterly profit, blaming weak chip demand in a rare commentary issued to "ease confusion" among investors already fretting about a global tech slowdown.

LG Elec sees 80 percent drop in fourth-quarter profit; analysts point to thinning TV margins

Tue, 01/08/2019 - 14:08
South Korea's LG Electronics Inc said on Tuesday its fourth-quarter operating profit likely plummeted 80 percent from the same period a year earlier, falling well below analyst expectations.

Samsung Elec says weak chip demand pushed Q4 profit well below market estimates

Tue, 01/08/2019 - 11:38
Samsung Electronics surprised the market on Tuesday with an estimated 29 percent drop in quarterly profit, blaming weak chip demand in a rare commentary issued to "ease confusion" among investors already fretting about a global tech slowdown.

Intel working with Facebook on AI chip coming later this year

Tue, 01/08/2019 - 08:15
Intel Corp said on Monday at the Consumer Electronics Show in Las Vegas that it is working with Facebook Inc to put the final touches on a new artificial intelligence chip in the second half of this year.

Samsung Electronics flags first profit drop in two years on weak chip demand

Tue, 01/08/2019 - 08:13
South Korea's Samsung Electronics Co Ltd on Tuesday estimated a 29 percent drop in quarterly operating profit, its first decline in two years, as it flagged tough memory chip and mobile phone markets in a rare commentary.

Samsung Electronics flags profit drop on weak chip demand

Tue, 01/08/2019 - 07:15
South Korea's Samsung Electronics Co Ltd on Tuesday estimated a 29 percent drop in quarterly operating profit, its first decline in two years, as it flagged tough memory chip and mobile phone markets in a rare commentary.

Toyota's safety technology guardian to be available in the 2020s

Tue, 01/08/2019 - 06:46
Toyota Motor Corp's safety technology "Guardian" will be available "in the 2020s", a top executive of the Japanese carmaker's research and development unit said.

Nvidia says new self-driving platform to hit streets next year

Tue, 01/08/2019 - 06:37
Nvidia Corp on Monday announced its Drive AutoPilot platform, with artificial intelligence technologies, that can enable the next level of self-driving cars by 2020, further strengthening its position in the industry.

German supplier unveils new self-driving car computer, adds Xilinx chips

Tue, 01/08/2019 - 05:31
German auto parts supplier ZF Friedrichshafen AG [ZFF.UL] rolled out its newest self-driving car computer on Monday at the Consumer Electronics Show in Las Vegas and offered the option of using Xilinx Inc chips in some of its devices for the first time.

zGlue pitches 'chiplets' to make custom chips for startups

Tue, 01/08/2019 - 05:23
A veteran of the world's two biggest chipmakers is hoping to make affordable custom silicon chips for startup companies by rolling out new software on Monday at the Consumer Electronics Show in Las Vegas.

Softbank to invest additional $2 billion in WeWork: sources

Tue, 01/08/2019 - 05:20
SoftBank Group Corp will inject another $2 billion in WeWork Cos Inc this year, bringing the Japanese conglomerate's total investment in the office space provider to more than $10 billion, according to two people familiar with the matter.

Qualcomm expands car computer chip lineup, adds music from Amazon

Tue, 01/08/2019 - 04:21
Qualcomm Inc on Monday expanded its lineup of car computing chips and broke them into tiers of different prices, similar to its chips for smartphones that power relatively budget-friendly handsets as well as premium models.

SoftBank to slash planned WeWork investment: FT

Tue, 01/08/2019 - 02:39
SoftBank Corp is in talks to invest $2 billion in U.S. shared office space provider WeWork Cos Inc this year, a much lower amount than the $16 billion discussed towards the end of last year, the Financial Times reported on Monday.

Apple supplier AMS develops behind-screen optical sensor for phones

Tue, 01/08/2019 - 00:49
Apple supplier AMS has developed a light and infrared proximity sensor that can sit behind a smartphone's screen, reducing the area required for such sensors and so allowing for a larger display, AMS said on Monday.

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