Samsung unveils new foldable smartphones, seeking to keep lead in growing market

Samsung unveils new foldable smartphones, seeking to keep lead in growing market

SEOUL, Aug 10 (Reuters) – Samsung Electronics (005930.KS) unveiled its latest high-end foldable smartphones on Wednesday, keeping prices at the same level as last year’s in a bid to cement its leadership in an expanding niche market. The smartphone maker priced its clamshell Galaxy Z Flip4 at $999.99, and the 5G-enabled top-line Galaxy Z Fold4 … Read more

Berkshire Hathaway posts massive $43.8 billion loss; operating results improve

Berkshire Hathaway posts massive .8 billion loss;  operating results improve

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, US, May 4, 2019. REUTERS/Scott Morgan//File Photo Register now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – The slide in US stock prices … Read more

Tencent faces new video-game M&A challenge

Tencent faces new video-game M&A challenge

LONDON, Aug 5 (Reuters Breakingviews) – The frenzy in video-game dealmaking has reached a new level. China’s Tencent (0700.HK) wants to increase its 5% stake in smaller French rival Ubisoft Entertainment (UBIP.PA), the outfit behind the wildly popular “Assassin’s Creed” franchise, according to Reuters. The $380 billion company could offer the founding Guillemot family, who … Read more

EXCLUSIVE Tencent seeks bigger stake in ‘Assassin’s Creed’ maker Ubisoft -sources

EXCLUSIVE Tencent seeks bigger stake in ‘Assassin’s Creed’ maker Ubisoft -sources

HONG KONG, Aug 4 (Reuters) – Tencent Holdings Ltd (0700.HK) plans to raise its stake in French video game group Ubisoft Entertainment SA (UBIP.PA) as the Chinese gaming giant pivots to the global gaming market, four sources with direct knowledge of the matter told Reuters. China’s largest social network and gaming firm, which bought a … Read more

Austrian spy firm accused by Microsoft says hacking tool was for EU states

Austrian spy firm accused by Microsoft says hacking tool was for EU states

A Microsoft logo is seen at a pop-up site at Roosevelt Field in Garden City, New York July 29, 2015. REUTERS/Shannon Stapleton Register now for FREE unlimited access to Reuters.com Register LONDON, July 29 (Reuters) – An Austrian firm which Microsoft (MSFT.O) said created malicious software that was detected on the computer systems of some … Read more

Meta posts first-ever revenue drop as inflation throttles ad sales

Meta posts first-ever revenue drop as inflation throttles ad sales

Facebook’s new rebrand logo Meta is seen on smartpone in front of displayed logo of Facebook, Messenger, Intagram, Whatsapp, Oculus in this illustration picture taken October 28, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register July 27 (Reuters) – Meta Platforms Inc (META.O) issued a gloomy forecast after recording its first … Read more

Microsoft soothes market fears with forecast for strong revenue growth

Microsoft soothes market fears with forecast for strong revenue growth

A Microsoft logo is seen in Los Angeles, California US November 7, 2017. REUTERS/Lucy Nicholson Register now for FREE unlimited access to Reuters.com Register July 26 (Reuters) – Microsoft Corp (MSFT.O) on Tuesday forecast revenue this fiscal year would grow by double digits, driven by demand for cloud computing services and sending shares up 5%. … Read more

Wall Street closes sharply higher on strong corporate earnings

Wall Street closes sharply higher on strong corporate earnings

Boeing raises on deal to sell jets to 777 Partners Johnson & Johnson and IBM fall on dollar impact warning Halliburton, Hasbro, Truist rise after profit beat Indexes Up: Dow 2.43%, S&P 500 2.76%, Nasdaq 3.11% Biggest one-day percentage gain for Nasdaq since June 24 July 19 (Reuters) – US stocks closed with sharp gains … Read more

Apple has ended consulting deal with former designer Jony Ive -NY Times

Apple has ended consulting deal with former designer Jony Ive -NY Times

An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015. REUTERS/Mike Segar/File Photo Register now for FREE unlimited access to Reuters.com Register July 12 (Reuters) – Apple Inc (AAPL.O) has ended a consulting deal with former design chief Jony Ive, … Read more

British Army’s Twitter and YouTube accounts restored after hack

British Army’s Twitter and YouTube accounts restored after hack

Army cadets take part in a parade during the Lord Mayor’s show in London, Britain November 13, 2021. REUTERS/Henry Nicholls Register now for FREE unlimited access to Reuters.com Register LONDON, July 3 (Reuters) – The British Army regained control of its Twitter and YouTube accounts on Sunday after they were briefly hacked and used to … Read more