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Tech News Headlines

  • The AOL logo is seen at the company's office in New York
    AOL raises China presence with Sun Media Group partnership 3 hours ago

    By Jennifer Saba NEW YORK (Reuters) - AOL is making a push into China with its digital video studio Makers, which struck a partnership on Thursday with that country's … More »AOL raises China presence with Sun Media Group partnership

    The AOL logo is seen at the company's office in New York

    By Jennifer Saba NEW YORK (Reuters) - AOL is making a push into China with its digital video studio Makers, which struck a partnership on Thursday with that country's privately held Sun Media Group. This is AOL's biggest effort in China since it was spun out from Time Warner Inc almost five years ago. China's Sun Media …

  • A man is silhouetted against a video screen with Vodafone and Verizon logos as he poses with a Samsung Galaxy S3 in this photo illustration taken in the central Bosnian town of Zenica
    Verizon reports higher revenue after Vodafone deal 3 hours ago

    NEW YORK (Reuters) - Verizon Communications Inc said on Thursday its quarterly revenue rose 4.8 percent after its acquisition of Vodafone's 45 percent share in their … More »Verizon reports higher revenue after Vodafone deal

    A man is silhouetted against a video screen with Vodafone and Verizon logos as he poses with a Samsung Galaxy S3 in this photo illustration taken in the central Bosnian town of Zenica

    NEW YORK (Reuters) - Verizon Communications Inc said on Thursday its quarterly revenue rose 4.8 percent after its acquisition of Vodafone's 45 percent share in their prior joint venture for $130 billion gave the company access to greater amounts of cash flow. The No. 1 U.S. mobile provider earned $5.98 billion, or $1.15 …

  • Foxconn to decide fate of Indonesia project in Oct: source 4 hours ago

    By Faith Hung TAIPEI (Reuters) - Foxconn Technology Group will decide in October whether to proceed with a planned $1 billion manufacturing project in Indonesia after … More »Foxconn to decide fate of Indonesia project in Oct: source

    By Faith Hung TAIPEI (Reuters) - Foxconn Technology Group will decide in October whether to proceed with a planned $1 billion manufacturing project in Indonesia after a new government takes office, a company source said on Thursday. Foxconn, a major supplier to Apple Inc, wants to expand beyond China, where its massive …

  • Nokia's CEO Elop gestures during a presentation at the Mobile World Congress in Barcelona
    Nokia says India plant unlikely to be part of Microsoft deal 4 hours ago

    Nokia said that due to an ongoing tax dispute its Indian mobile phone handset plant was unlikely to be included in a deal due to be concluded on Friday for the sale of … More »Nokia says India plant unlikely to be part of Microsoft deal

    Nokia's CEO Elop gestures during a presentation at the Mobile World Congress in Barcelona

    Nokia said that due to an ongoing tax dispute its Indian mobile phone handset plant was unlikely to be included in a deal due to be concluded on Friday for the sale of its global handset business to Microsoft. Nokia will instead operate the factory as a contract manufacturing unit for Microsoft after the deal, a spokeswoman …

  • Ericsson Chief Executive Vestberg speaks during a news conference at the company's headquarter in Stockholm
    Ericsson to split Network unit in two 5 hours ago

    Ericsson, the world's top mobile telecom equipment maker, said on Thursday it would split its key Network unit in two as communications technology relies more on software … More »Ericsson to split Network unit in two

    Ericsson Chief Executive Vestberg speaks during a news conference at the company's headquarter in Stockholm

    Ericsson, the world's top mobile telecom equipment maker, said on Thursday it would split its key Network unit in two as communications technology relies more on software and the Internet. Ericsson said it would create one separate business unit for mobile telecom equipment, called Radio, and one business unit called Cloud …

  • Burges, a self-styled cryptocurrency trader and former software engineer from London, holds a placard to protest against Mt. Gox in Tokyo

    Tokyo District Court ordered liquidation to begin at failed bitcoin exchange Mt. Gox, the company said on Thursday, after the bankruptcy administrator said on April 16 that it would be difficult to rehabilitate the firm. Mt. Gox, once the largest bitcoin exchange in the world, filed for bankruptcy protection on February …

  • Women listen as a Samsung employee provides instructions on using their new Galaxy smartphones in Jakarta

    By Fathiya Dahrul and Randy Fabi JAKARTA (Reuters) - The Indonesian representatives of Apple Inc, Samsung Electronics Co Ltd and other members of a local industry group said smartphone sales could fall by as much as 50 percent if the government imposes a tax on luxury models. The government is considering a 20 percent …

  • FCC Chairman Tom Wheeler testifies before the House Communications and Technology panel on Capitol Hill in Washington

    By Alina Selyukh WASHINGTON (Reuters) - U.S. regulators are expected to vote on May 15 on a new set of so-called "net neutrality" rules aimed at making certain that broadband providers do not slow down or block consumers' access to legal Internet content. The rules from the Federal Communications Commission, which released …

  • A magnifying glass is held in front of a computer screen in this picture illustration taken in Berlin

    By Jeremy Wagstaff SINGAPORE (Reuters) - The next hacker playground: the open seas - and the oil tankers and container vessels that ship 90 percent of the goods moved around the planet. Somali pirates help choose their targets by viewing navigational data online, prompting ships to either turn off their navigational devices, …

  • The loading screen of the Facebook application on a mobile phone is seen in this photo illustration taken in Lavigny

    By Alexei Oreskovic SAN FRANCISCO (Reuters) - Facebook Inc's mobile advertising business accelerated in the first three months of the year, helping the Internet social networking company top Wall Street's financial targets. Shares of Facebook were up nearly 3 percent at $63.05 in after-hours trading on Wednesday. Facebook …

  • An Apple logo is seen during Black Friday in San Francisco

    A U.S. federal judge denied a bid by Apple Inc on Wednesday to hold off a trial in a case brought by state attorneys general accusing the company of conspiring with five major publishers to fix e-book prices. U.S. District Judge Denise Cote in a brief order said the July 14 trial had already been postponed once and should …

  • Apple's iPad devices are displayed at its store in Tokyo

    By Edwin Chan SAN FRANCISCO (Reuters) - Apple Inc has approved another $30 billion in share buybacks till the end of 2015 and authorized a rarely seen seven-for-one stock split, addressing calls to share more of its cash hoard while broadening the stock's appeal to individual investors. Activist investor Carl Icahn, who …

  • Who says Apple does not want to be in the Dow Jones industrial average? The iPhone maker's market value has stood high above most U.S. corporations' for a few years, yet Apple still isn't a component of that blue-chip stock benchmark. That is because the Dow weighs its 30 components by price, so a $500 stock would overwhelm …

  • The Apple logo is pictured at a retail store in the Marina neighborhood in San Francisco

    By Edwin Chan SAN FRANCISCO (Reuters) - Apple Inc just bought itself some much-needed time. On Wednesday, the company surprised Wall Street with news that it sold more iPhones in the March quarter than even the most bullish analysts had expected. To top it all off, Apple unveiled a 7-for-1 stock split that should go …

  • Zynga CEO Mark Pincus speaks at the Zynga Unleashed event in San Francisco

    By Malathi Nayak SAN FRANCISCO (Reuters) - Zynga Inc co-founder Mark Pincus is relinquishing the last of his operational duties at the social gaming company starting on Wednesday and retreating to an advisory role as Chief Executive Officer Don Mattrick pushes through a restructuring plan. Zynga shares were up 5 percent …