Tesla sues ex-Autopilot chief for stealing company secrets Tesla sues ex-Autopilot chief for stealing company secrets:- Tesla is suing its former Autopilot director, claiming he took confidential, proprietary information about its self-driving technology and destroyed evidence to cover his tracks, according to a lawsuit filed in Santa Clara Superior Court. […]
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Data center growth drives Intel’s fourth-quarter revenue, profit beat Data center growth drives Intel’s fourth-quarter revenue, profit beat:- Intel Corp reported better-than-expected quarterly revenue and profit driven by a stabilizing PC market and growth in its data center business, which offers cloud-based software services. Revenue from the data center business […]
Texas Instruments quarterly revenue beats on automotive demand Texas Instruments quarterly revenue beats on automotive demand:- Texas Instruments quarterly revenue beats on automotive demand:- Chipmaker Texas Instruments Inc (TXN.O) reported higher-than-expected quarterly revenue, helped by strong demand for its analog and embedded chip products from the automotive and industrial markets. […]
As attacks grow, EU mulls banking stress tests for cyber risks As attacks grow, EU mulls banking stress tests for cyber risks:- The European Union is considering testing banks’ defenses against cyber attacks, EU officials and sources said, as concerns grow about the industry’s vulnerability to hacking. Cyber attacks against […]
Samsung Electronics warns of political risks as chips boost fourth-quarter profit Samsung Electronics warns of political risks as chips boost fourth-quarter profit:- Samsung Electronics Co Ltd (005930.KS) on Tuesday said it expects profit growth in 2017 despite challenges arising from political uncertainty, after record chip earnings glossed over the Note […]
Foxconn CEO says investment for display plant in U.S. would exceed $7 billion Foxconn CEO says investment for display plant in U.S. would exceed $7 billion:- Foxconn, the world’s largest contract electronics maker, is considering setting up a display-making plant in the United States in an investment that would exceed […]
SEC probing Yahoo over previously disclosed cyber breach SEC probing Yahoo over previously disclosed cyber breach:- The U.S. Securities and Exchange Commission is investigating a previously disclosed data breach at Yahoo Inc, the company said in a filing. Yahoo said in a November 2016 quarterly filing that it was “cooperating […]
Samsung Electronics says battery caused Note 7 fires, may delay new phone launch Samsung Electronics says battery caused Note 7 fires, may delay new phone launch:- Samsung Electronics Co Ltd indicated on Monday that its latest flagship Galaxy S smartphone could be delayed as it pledged to enhance product safety […]
Xiaomi exec Barra, who drove smartphone maker’s global push, steps down Xiaomi exec Barra, who drove smartphone maker’s global push, steps down:- Hugo Barra, the most prominent global executive at China’s Xiaomi Inc [XTC.UL] and the face of the smartphone maker’s global expansion, has left the company citing health concerns […]
Apple files $1 billion lawsuit against chip supplier Qualcomm Apple files $1 billion lawsuit against chip supplier Qualcomm:- Apple Inc filed a $1 billion lawsuit against supplier Qualcomm Inc on Friday, days after the U.S. government accused the chip maker of resorting to anticompetitive tactics to maintain a monopoly over […]