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EU piles pressure on social media over fake news

BRUSSELS (Reuters) – Tech giants such as Facebook and Google will have to decisively step up their efforts to tackle …read more Source: Reuters Tech News

EU moves to regulate tech giants’ business practices

BRUSSELS (Reuters) – Tech giants like Google, Apple and Amazon will for the first time face rules regulating their commercial …read more Source: Reuters Tech News

Cyber security firm Avast targets $4.5 billion valuation in IPO

LONDON (Reuters) – Private equity-backed cyber security firm Avast is targeting a market capitalization of between 2.5 billion and 3.2 …read more Source: Reuters Tech News

Nokia sees weak first half but strong momentum later in 2018

HELSINKI/LONDON (Reuters) – Network equipment maker Nokia posted weaker than expected quarterly profits as telecom operators, particularly in North …read more Source: Reuters Tech News

Tesla’s head of Autopilot leaves, ex-Apple exec to succeed

(Reuters) – Tesla Inc said on Thursday Jim Keller, the head of its low-voltage hardware, Autopilot software and infotainment, is …read more Source: Reuters Tech News

Nintendo sees the best annual profit in nine years on Switch, announces new president

TOKYO (Reuters) – Japan’s Nintendo Co Ltd said on Thursday it expects operating profit to rise 26.7 percent in the …read more Source: Reuters Tech News

Nokia posts sharp quarterly profit fall, sees 5G accelerating

HELSINKI (Reuters) – Network equipment maker Nokia on Thursday posted weaker-than-expected quarterly profits as telecom operators, particularly in …read more Source: Reuters Tech News

Nintendo expects 27 percent annual profit jump on strong Switch sales

TOKYO (Reuters) – Japan’s Nintendo Co Ltd said on Thursday it expects operating profit to rise 26.7 percent in the …read more Source: Reuters Tech News

Revolut becomes Britain’s first digital bank unicorn

LONDON (Reuters) – Financial technology firm Revolut said on Thursday its valuation had jumped by five times in a year …read more Source: Reuters Tech News

Samsung Electronics flags mobile weakness as chips power record first-quarter profit

SEOUL (Reuters) – Samsung Electronics Co Ltd said weakness in the global smartphone market would slow earnings growth, as …read more Source: Reuters Tech News