Latest Technology News
Samsung Electronics to buy back $2 billion in shares
SEOUL (Reuters) - South Korea's Samsung Electronics Co Ltd on Wednesday announced a $2 billion share buyback plan, its first since 2007, following investor calls for higher returns against a backdrop of rapidly declining profits.
2 hours ago - Share
HP fourth-quarter revenue drops on weak enterprise demand
(Reuters) - Hewlett-Packard Co said its quarterly revenue fell in almost every business segment over the year, highlighting weaknesses ahead of the company's planned 2015 separation of its enterprise services from its traditional computer and printing units.
2 hours ago - Share
Megaupload's Dotcom says extradition fight leaves him bust
WELLINGTON (Reuters) - Internet entrepreneur Kim Dotcom, one of the world's most wanted cyber fugitives, says his nearly three-year fight against extradition to the United States to face online piracy charges has left him broke.
7 hours ago - Share
United States says EU's Google case should not be politicized
BRUSSELS (Reuters) - The United States voiced concern on Tuesday over a draft plan by two EU lawmakers to break up Google Inc , saying politicians should not influence the EU's antitrust inquiry into the world's most popular Internet search engine.
14 hours ago - Share
Twitter in talks to buy Bieber-backed selfie app Shots: CNBC
(Reuters) - Twitter Inc is in talks to buy Shots, a selfie photo-sharing app, CNBC reported, citing a source close to the Justin Bieber-backed company.
12 hours ago - Share
Samsung Group sells shares in chemical, defense arms for $1.7 billion
SEOUL (Reuters) - South Korea's Samsung Group said on Wednesday it is selling stakes in four chemical and defense firms for 1.9 trillion won ($1.72 billion) to Hanwha Group, the latest move in the massive task of restructuring the country's largest conglomerate.
7 hours ago - Share
Microsoft to pay China $140 million for 'tax evasion'
SEATTLE (Reuters) - China has levied about $140 million in back taxes from Microsoft Corp in the first major case concerning cross-border tax evasion in the country, as regulators ramp up pressure on U.S. corporations doing business there.
13 hours ago - Share
Sony Pictures computer system down after reported hack
(Reuters) - Sony Pictures Entertainment said its computer system was down for a second day on Tuesday, following media reports of a major hacking attack aimed at the film and television studio.
17 hours ago - Share
Sony to cut TV, smartphone lineup; sees growth in PlayStation, image sensors
TOKYO (Reuters) - Japan's loss-making Sony Corp plans to slash its TV and mobile phone product line-ups to cut costs, counting on multi-billion dollar revenue surges for its buoyant PlayStation 4 and image sensor businesses over the next three years.
25 Nov 2014 09:05 - Share
FTC settles ad allegations on PlayStation Vita gaming console
WASHINGTON (Reuters) - Sony Computer Entertainment America has agreed to settle allegations it misled consumers about features of its PlayStation Vita handheld gaming console, the Federal Trade Commission said on Tuesday.
17 hours ago - Share
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