Uncategorized

Software AG fourth-quarter margins hit record; IoT business may double in 2018

FRANKFURT (Reuters) – Software AG reported record margins in the fourth quarter on Thursday and forecast that its new business …read more Source: Reuters Tech News

Hyundai Motor posts small profit rise, but sales, currency woes weigh

SEOUL (Reuters) – Hyundai Motor eked out a small 3 percent gain in quarterly net profit, but posted a fifth …read more Source: Reuters Tech News

Alibaba, U.S. grocer Kroger had early business development talks: source

(Reuters) – Chinese e-commerce and technology company Alibaba Group Holding Ltd and U.S. grocer Kroger Co have had early discussions …read more Source: Reuters Tech News

Qualcomm signs $2 billion sales MOUs with Lenovo, Xiaomi, vivo and OPPO

(Reuters) – Qualcomm Technologies Inc has signed memorandums of understanding for sales worth at least $2 billion with Lenovo Group, …read more Source: Reuters Tech News

SK Hynix fourth-quarter profit rockets to record; chip demand seen surging this year

SEOUL (Reuters) – South Korea’s SK Hynix capped a record year in profit with a blockbuster fourth quarter and predicted …read more Source: Reuters Tech News

Uber CEO to visit Japan, India in Feb on charm offensive

TOKYO (Reuters) – Uber Chief Executive Dara Khosrowshahi will make his first visit to Asia next month as the new …read more Source: Reuters Tech News

South Korea’s LG to hike washer prices in U.S. after tariffs

CHICAGO (Reuters) – LG Electronics Inc will raise prices of most of its washing machines in the United States, the …read more Source: Reuters Tech News

Alphabet unveils business unit devoted to cyber security

SAN FRANCISCO (Reuters) – Alphabet Inc launched a new business unit on Wednesday that will sell cyber security software to …read more Source: Reuters Tech News

iPhone software update spotlights Apple secrecy on battery health

(Reuters) – Apple Inc’s move on Wednesday to give iPhone owners information about the health of their batteries reverses the …read more Source: Reuters Tech News

Whirlpool profit forecast misses estimates, despite tariffs boost

(Reuters) – Whirlpool Corp’s revenue growth unexpectedly slowed in the fourth quarter, and the home appliance maker’s full-year profit …read more Source: Reuters Tech News