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Updated: 41 min 34 sec ago

Indonesia president signs new EV decree to bolster industry

Thu, 08/08/2019 - 16:48
Indonesian President Joko Widodo said on Thursday he signed a decree that lays out government support to build an electric vehicle (EV) industry in Southeast Asia's largest economy, the Cabinet Secretariat said in a statement.

Apple faces investigation for suspected unfair competition in Russia

Thu, 08/08/2019 - 16:31
Apple is under investigation in Russia following a complaint from cybersecurity company Kaspersky Lab and may be abusing its dominant market position, Russia's anti-monopoly watchdog said on Thursday.

Salesforce to buy Israel's ClickSoftware for $1.35 billion

Thu, 08/08/2019 - 14:12
U.S. cloud-based service provider Salesforce said it signed a definitive agreement to acquire Israeli software developer ClickSoftware for $1.35 billion in cash and shares.

Apple under investigation for unfair competition in Russia

Thu, 08/08/2019 - 13:53
Apple is under investigation in Russia following a complaint from cybersecurity company Kaspersky Lab and may be abusing its dominant position in smartphone apps, Russia's anti-monopoly watchdog said on Thursday.

Japan greenlights first South Korea export since July curbs, but with a warning

Thu, 08/08/2019 - 12:53
Japan has approved export of a high-tech material to South Korea for the first time since imposing tighter curbs last month, but doubled down on political pressure and warned it could broaden restrictions on shipments to its Asian neighbor.

South Korea holds off plan to drop Japan from 'white list': trade ministry officials

Thu, 08/08/2019 - 12:31
South Korea on Thursday held off a plan to drop Japan from the so-called "white list" of countries with fast-track export status, two officials at South Korea's trade ministry said.

Lyft's scooters steering new customers to ride-hailing, but winter is coming

Thu, 08/08/2019 - 11:03
A quarter of Lyft Inc customers who use its bikes and scooters are new to the company, executives said on Wednesday, outlining how investments in the expensive growth area may eventually benefit the core ride-hailing business.

Japan warns of stricter checks on exports to South Korea, grants first nod since July

Thu, 08/08/2019 - 10:22
Japan warned it could expand strict checks on exports to South Korea, after earlier granting approval for the shipment of a high-tech material to its neighbour for the first time since imposing tighter curbs last month.

Australian medical booking app taken to court for doctoring reviews

Thu, 08/08/2019 - 09:56
An Australian regulator has sued the maker of the country's biggest doctor-booking software app, accusing it of deleting negative reviews and selling the personal details of 135,000 people to health insurers without properly informing them.

South Korea's Moon says any gains by Japan from trade curbs will be short-lived

Thu, 08/08/2019 - 09:03
South Korean President Moon Jae-in said on Thursday that Japan imposing tighter export curbs against South Korea will undermine Japan's international credibility for using its industrial advantage as a weapon against another country.

Japan announced export approval after South Korea 'embargo' claim - Seko

Thu, 08/08/2019 - 08:30
Industry minister Hiroshige Seko said on Thursday that Japan does not usually announce each time it grants approval for exports but did so this time after South Korea called Japan's recent restrictions an "embargo" on shipments.

Japan says approved export to South Korea after strict examination

Thu, 08/08/2019 - 08:14
Japan has granted approval for exports of some high-tech material to South Korea for the first time since tighter export curbs were imposed last month, the government's chief spokesman said on Thursday.

South Korea says Japan grants first high-tech approval since July export curbs

Thu, 08/08/2019 - 07:39
South Korea's prime minister said on Thursday Japan has granted its first approval for the export of a high-tech material to South Korea since Tokyo imposed tighter curbs in July on three high-tech components used for making chips and displays.

AMD lands Google, Twitter as customers with newest server chip

Thu, 08/08/2019 - 06:36
Advanced Micro Devices Inc on Wednesday released the second generation of its processor chip for data centers and said that it had landed Alphabet Inc' Google and Twitter Inc as customers.

Lyft sees ride-hailing price war easing, sending Uber and Lyft shares up

Thu, 08/08/2019 - 05:04
Lyft Inc on Wednesday said a price war with rival Uber was easing, boosting shares of both companies and allowing Lyft to raise its outlook for the year and forecast a faster path to profitability.

Fox Corp beats quarterly profit estimates on higher affiliate fees

Thu, 08/08/2019 - 04:48
Media company Fox Corp reported quarterly results that beat Wall Street estimates on Wednesday, boosted by higher fees collected from cable and satellite operators and online distributors.

Broadcom in advanced talks to buy Symantec's enterprise business: sources

Thu, 08/08/2019 - 04:14
Chipmaker Broadcom Inc is in advanced talks to buy Symantec Corp's enterprise business, according to people familiar with the matter.

Samsung's new Note takes on Huawei in selfie beauty pageant

Thu, 08/08/2019 - 03:49
Samsung unveiled a new version of the Galaxy Note smartphone on Wednesday with fast 5G network connection and improved camera features, hoping the premium model helps it revive slumping profit and widen the gap with struggling rival Huawei.

Lyft raises forecast for 2019 as price war with Uber eases, ridership rises

Thu, 08/08/2019 - 03:47
Lyft Inc posted a jump in revenue on Wednesday in its second-quarter results, allowing the ride-hailing company to lift its forecasts as more riders used the service and price competition with rival Uber eased.

Fox Corp beats profit estimates on higher affiliate fees

Thu, 08/08/2019 - 03:26
Media company Fox Corp beat Wall Street estimates for quarterly profit on Wednesday, boosted by higher fees collected from cable and satellite operators and online distributors.

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