France’s Thales is acquiring U.S. big-data analysis firm Guavus amid a wider push by U.S. and European aerospace and defense companies to capitalize on the vast amount of information their sophisticated systems collect.
Posts Tagged ‘Technology’
Nintendo Co. said Friday it will launch an updated version of its popular 2DS hand-held game device in July.
The deal will give SoftBank Group a 20% stake in Paytm’s parent company One97 Communications, marking the Japanese conglomerate’s single largest investment in an Indian tech firm.
China’s Didi Chuxing Technology said it raised $5.5 billion in a new funding round, valuing the ride-hailing company at more than $50 billion.
Qualcomm slashed its profit forecast, saying it no longer expects any patent-licensing revenue from the iPhone in the current quarter as a result of its increasingly bitter legal battle with Apple.
Starbucks’ mobile order and pay system has been bringing some of its busiest locations to a standstill, NBC News reported.The system lets people order ahead and swoop into a store to pick up their coffee, food…Photo Credit: Ben Pruchnie/Getty Images, File
Amazon and Google parent Alphabet reported booming quarterly sales and profits, showing that the tech giants continue to extend their dominance and shuck off concerns that might have dampened growth.
Anthony Levandowski, the man at the center of Uber Technologies Inc.’s legal spat with rival Alphabet Inc. over allegedly stolen self-driving car technology, is stepping aside as chief of the high-profile project.
Google parent Alphabet Inc. posted a sharp increase in first-quarter revenue, continuing a trend of sharp growth seemingly unscathed by boycotts from some of its major advertisers.
Amazon.com posted a 41% rise in first-quarter profit, even as the company is spending heavily on everything from international expansion to video content. Shares climbed 4% after hours as the results beat Wall Street estimates.
The Azure business again posted torrid growth as corporate customers adopt the cloud service to handle larger pieces of their computing operations
Intel Corp. is expected to release its first-quarter earnings for the fiscal year that ended in March after the market closes Thursday. Here’s what you need to know.
After a frenzied 2015, funding for startups in China was expected to enter what industry insiders called “deep winter”—but the venture-capital industry is instead suffering a different headache: too much money, too few prospects.
The key issue for the biggest names in tech, the one-time tax rate on stockpiles of cash stashed overseas, remained unanswered by the president’s tax plan announced Wednesday.
Verizon has invested in Renovo Auto, an autonomous-vehicle tech startup best known for turning a vintage DeLorean into a self-driving car.
The ride-sharing giant has approached current or former officials from companies including Disney, Wal-Mart and CVS in a bid to revamp operations and bring discipline to its culture. ‘I need leadership help,’ the CEO said after a series of missteps.
Hedge fund Coatue Management showed that “big data” is both an investor tool and an investment target with its $27 million funding round for Domino Data Lab.
At least three bitcoin exchanges have said in recent weeks that they can’t process transactions in dollars, as global banks pull back from sectors they deem too risky.
Samsung said it won’t adopt a holding-company structure, putting an end to a monthslong corporate-governance review.
State banking regulators sued a federal agency in an effort to prevent it from issuing specialty national banking licenses to financial-technology firms, a growing area of competition for traditional banking.
There is nothing quite like a fight over the internet. The Federal Communications Commission, which regulates telecommunications firms, is an independent agency, but that doesn’t insulate it from public pressure or lobbying by interest groups and industries.
Amazon.com, seeking a bigger slice of the clothing market, is casting itself as a style adviser with its latest Echo device. The internet-connected speaker includes a camera, enabling consumers to take videos and photos of their outfits and compare them.
PayPal Holdings Inc. reported strong first-quarter revenue and usage growth on Wednesday along with plans to buy back as much as $5 billion worth of its own stock.
Samsung’s flourishing components business helped the South Korean tech giant notch up its highest quarterly profit in more than three years.
Investors will look for further growth in Microsoft’s cloud-computing business when the company reports earnings after the market closes Thursday.
Amazon launched the Echo Look Wednesday, a new device that observes how users dress and offers fashion advice based on algorithms and technology, CNBC reported.The Echo Look is similar to Alexa, the…Photo Credit: Amazon
The film “The Circle” zeroes in on the evils that ensue when tech companies inadvertently create a surveillance society—and all of us smartphone addicts willingly help, Geoffrey A. Fowler writes.
Chris Sacca, a judge on the television show “Shark Tank” and early investor in tech companies like Twitter and Uber, announced Wednesday that he will be retiring from venture capital and the television…Photo Credit: Getty Images for SXSW
Twitter reported its first quarterly decline in revenue since going public, highlighting the stagnation the social-media company is battling. Still, results weren’t as bad as the market had expected, vaulting shares 11%.
Chinese internet giant Tencent Holdings opened its first data center in Silicon Valley this week, expanding cloud computing services into the U.S. even as American companies complain they face growing restrictions when doing the same in China.