Uncategorized

Israel’s Check Point Software second-quarter profit up, doubles share buyback plan

Network security provider Check Point Software Technologies reported quarterly net profit that beat expectations, and said it was doubling its …read more Source: Reuters Tech News

Amazon expands in Cape Town, stepping up cloud rivalry with Microsoft

Amazon.com Inc is expanding its presence in the emerging tech hub of Cape Town, upping the ante in its regional …read more Source: Reuters Tech News

Daimler and China’s Baidu deepen automated driving alliance

German carmaker Daimler said it will deepen a partnership with China’s Baidu on automated driving and vehicle connectivity services. …read more Source: Reuters Tech News

Facebook pledges tough U.S. election security efforts as critical memo surfaces

Facebook officials on Tuesday said the company is using a range of techniques including artificial intelligence to counter Russian operatives …read more Source: Reuters Tech News

Chinese chipmaker Tsinghua Unigroup to buy France’s Linxens for $2.6 billion: sources

China’s top state chip manufacturer Tsinghua Unigroup Ltd has signed a deal to acquire French smart chip components maker Linxens …read more Source: Reuters Tech News

Apple supplier LG Display slashes investment plans as losses mount

South Korea’s LG Display Co Ltd , a key Apple supplier, slashed its investment plans by $2.7 billion to 2020 …read more Source: Reuters Tech News

LG Display losses mount on falling panel prices

South Korea’s LG Display Co Ltd said on Wednesday its losses mounted in the second quarter due to falling …read more Source: Reuters Tech News

Facebook plans innovation hub in China despite tightening censorship

Facebook has set up a subsidiary in China and plans to create an “innovation hub” to support local start-ups and …read more Source: Reuters Tech News

Asian chipmakers’ production plans in focus as super-cycle winds down

Asian memory chipmakers’ production plans and outlook will be closely watched as they start reporting earnings this week, following sharp …read more Source: Reuters Tech News

Facebook signs agreement with Washington state to end discriminatory ad targeting

Facebook Inc has signed an agreement with the state of Washington to stop third-party advertisers in the United States …read more Source: Reuters Tech News