Despite record highs, fund managers globally remain underweight Apple Active stock fund managers around the world are holding the lowest percentage of Apple Inc (AAPL.O) shares in their portfolios when compared to the iPhone maker's overall weighting in indexes, even as the shares hit record highs, according to a research […]
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Twitter adds WNBA games, news shows, concerts in try for live viewers Twitter Inc is expanding its live broadcasting portfolio with 12 new offerings that include WNBA games, a 24-hour Bloomberg News network and a show about gadgets from the tech news website The Verge, the company said on Monday. […]
Samsung Electronics gets South Korea nod to test driverless car carrying its parts, software Samsung Electronics Co Ltd has got permission from South Korean authorities to domestically test a driverless vehicle fitted with its electronic parts and software, as the tech giant aims to muscle into the automotive industry in […]
Trump signs executive order to modernize U.S. government info tech President Donald Trump announced on Monday he has signed an executive order creating a new technology council to "transfer and modernize" the U.S. government's information technology systems. A White House official confirmed Monday that about 20 technology chief executives will […]
Tesla says it will stop selling solar door-to-door Tesla Inc (TSLA.O) on Friday said that its subsidiary SolarCity will curtail door-to-door sales of rooftop solar installations over the next month as Tesla seeks to absorb the company into its high-end brand. The move comes at a time when growth in […]
Qualcomm says Apple to stop paying royalties, cuts profit forecast Qualcomm Inc said on Friday Apple Inc will not pay royalties to its contract manufacturers, that are owed to the chipmaker, for sales made in the first quarter of 2017. Qualcomm, the largest maker of chips used in smartphones, also […]
Sony sees profit nearing 20-year-old record with 73 percent jump this year Sony Corp said on Friday it expects annual operating profit to surge 73.2 percent, closing in on a two decade-old record, as its cash-cow image sensor business recovers from quake damage and enjoys strong demand from smartphone vendors. […]
Google parent Alphabet's profit up 29 percent on strong ad sales Google parent Alphabet Inc (GOOGL.O) posted a surge in profit and revenue on Thursday as its core advertising business continued to grow at an extraordinary rate and problems such as an advertiser boycott of YouTube had little impact. Alphabet's […]
Japan's Sharp posts narrower loss for the year, cost cuts paying off Sharp Corp on Friday reported a narrower annual loss for the year ended in March, as a cost-cutting drive by Taiwanese owner Foxconn started to show results. The liquid crystal display manufacturer booked an annual net loss of […]
Vietnam says Facebook commits to preventing offensive content Vietnam's government said Facebook has committed to work with it to prevent content that violates the country's laws from appearing on its platform. In February, communist Vietnam complained about "toxic" anti-government and offensive content on Facebook and Google Inc.'s YouTube and pressured […]
