Xiaomi gains new $1 billion loan to drive retail push, expansion overseas
SHANGHAI (Reuters) – Chinese smartphone maker Xiaomi Inc said on Friday it had signed a deal for a new $1 …read more Source: Reuters Tech News
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Amazon plows ahead with high sales and spending; profit plunges
(Reuters) – Amazon.com Inc on Thursday reported a jump in retail sales along with a profit slump, as its rapid, …read more Source: Reuters Tech News
China’s Baidu profit jumps as focus on mobile, AI narrows
(Reuters) – Chinese internet search engine provider Baidu Inc has reported a jump in quarterly earnings, recovering from a string …read more Source: Reuters Tech News
Digital currency start-ups shrug off SEC warning on fund raising
NEW YORK (Reuters) – Technology companies looking to raise money by issuing digital coins are moving forward with their plans …read more Source: Reuters Tech News
Flush times for hackers in booming cyber security job market
LAS VEGAS (Reuters) – The surge in far-flung and destructive cyber attacks is not good for national security, but for …read more Source: Reuters Tech News
GM Cadillac chief outlines plan for fewer sedans, more electrics
DETROIT (Reuters) – The head of General Motors Co’s Cadillac luxury division said on Thursday the brand will shrink its …read more Source: Reuters Tech News
Intel’s quarterly beat, raised forecasts send shares higher
(Reuters) – Intel Corp reported a better-than-expected quarterly profit, and the world’s largest chipmaker raised its full-year forecasts, sending its …read more Source: Reuters Tech News
Bitfinex says miners to create chain called Bitcoin Cash
(Reuters) – Hong Kong-based digital currency exchange Bitfinex said on Thursday that a minority of bitcoin miners would be “forking” …read more Source: Reuters Tech News
EA forecasts current-quarter revenue below estimates
(Reuters) – Electronic Arts Inc forecast revenue slightly below analysts’ estimates for the current quarter, when the video-game publisher is …read more Source: Reuters Tech News
Netgear shares surge after sales jump in second quarter
SAN FRANCISCO (Reuters) – Shares of Netgear Inc jumped 15 percent on Thursday, a day after second-quarter revenue beat expectations, …read more Source: Reuters Tech News