Technology News Headlines | Reuters

Wed, Jul 22 2015

- Chipmaker Qualcomm Inc said it may break itself up as it delivered its third profit warning this year and announced plans to slash jobs and spending in the face of rising competition. | Video

22 Jul 2015

SHANGHAI - Wal-Mart Stores Inc has taken full ownership of Chinese e-commerce firm, buying out the 49 percent stake that it did not already own to accelerate its push online, the U.S. retail giant said on Thursday.

PARIS - French media and entertainment technology group Technicolor said on Thursday it had signed an exclusive deal with Cisco to buy its home equipment business for 550 million euros ($602 million) in cash and stock.

FRANKFURT - Daimler Chief Executive Dieter Zetsche said a desire to have better control over data security was one of the reasons Mercedes was bidding for Nokia's high-definition mapping business.

SEOUL - LG Display Co Ltd said on Thursday it will invest nearly $1 billion to build a fourth organic light-emitting diode (OLED) display factory, pinning its future firmly on the high-end next-generation technology.

3:36am EDT

BEIJING - Uber Technologies Inc [UBER.UL] said on Thursday it would deliver Xiaomi Inc's new flagship handset, the Mi Note, to buyers in Singapore and Kuala Lumpur in a tie-up that showcases its ambitious expansion into the same-day delivery business.

5:57am EDT

TOKYO - The former chairman of Toshiba Corp's audit committee plans to step down from his role on a government accounting panel, a source familiar with the matter said on Thursday, in the latest fallout from the book-keeping scandal at the Japanese industrial conglomerate.

4:13am EDT

WASHINGTON - A U.S. senator wants two federal agencies to investigate whether Apple Inc is breaking antitrust law in how it treats music services that compete with the streaming service it launched in June.

- Oracle Corp has asked a U.S. judge for permission to update its copyright lawsuit against Google Inc to include the Android operating system's current market dominance.

TAIPEI - China's Tsinghua Holdings is still discussing a potential deal to buy U.S. chipmaker Micron Technology Inc and hopes it could eventually go through, the state-backed investment company's chairman told Reuters on Thursday.

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