Italian watchdog fines Apple, Samsung over software updates
Italy’s anti-trust watchdog said on Wednesday it was fining Apple Inc. and Samsung Electronics Co Ltd 5 million …read more Source: Reuters Tech News
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Tesla hikes new Model 3 price by $1,000
Tesla Inc has increased the price for its new Model 3 sedan launched last week by $1,000 to $46,000, according …read more Source: Reuters Tech News
STMicro suffers as signals slowing Chinese chip demand
STMicroelectronics shares sank on Wednesday after the Franco-Italian chipmaker, a supplier for Apple and Tesla, signaled a slowdown in demand …read more Source: Reuters Tech News
Check Point Software third quarter profit up, acquires cloud security firm
Network security provider Check Point Software Technologies reported third quarter net profit that beat expectations and said it has acquired …read more Source: Reuters Tech News
Japan grants cryptocurrency industry self-regulatory status
Japan’s Financial Services Agency (FSA) on Wednesday gave the cryptocurrency industry self-regulatory status, permitting the Japan Virtual Currency Exchange Association …read more Source: Reuters Tech News
U.S. firm to start building hyperloop track in Abu Dhabi next year
A U.S. company plans to start building an ultra-fast hyperloop track for Abu Dhabi’s transport system in the third quarter …read more Source: Reuters Tech News
Worries on demand, profit outlook and trade dent global tech shares
Global tech stocks have lost about $1 trillion or 9 percent of market value this month, Refinitiv data showed, hurt …read more Source: Reuters Tech News
STMicro upholds bullish 2018 growth target on strong automotive, imaging sales
Franco-Italian chipmaker STMicroelectronics upheld its bullish growth target for 2018 on Wednesday, bolstered by strong demand from the car and …read more Source: Reuters Tech News
STMicro third-quarter profits rise on strong automotive, imaging sales
Franco-Italian chipmaker STMicroelectronics reported a jump in third-quarter sales and profits, driven by a strong performance of its automotive and …read more Source: Reuters Tech News
Exxon, Ben & Jerry’s among buyers of $256 million in political ads on Facebook
Facebook Inc’s new searchable database of U.S. political ads reveals that companies such as Exxon Mobil Corp, Ben & Jerry’s …read more Source: Reuters Tech News