Japan's Nintendo Co Ltd reported a 36 percent jump in quarterly operating profit on Thursday buoyed by strong software sales of its hybrid home-portable Switch console, though it cut its full-year hardware forecast for the device.
from Reuters: Technology News https://reut.rs/2Ghkpx8
France's 5G telecoms frequencies auction will start this autumn, with licenses expected to be given at the start of 2020, junior minister Agnes Pannier-Runacher told Le Figaro newspaper on Thursday.
from Reuters: Technology News https://reut.rs/2BdX3VV
U.S. Special Counsel Robert Mueller's office said on Wednesday that self-proclaimed hackers in Russia stole evidence in an attempt to tarnish its investigation of a firm charged with funding a Russian propaganda campaign to interfere in the 2016 U.S. election.
from Reuters: Technology News https://reut.rs/2Rq6jvC
Software AG, Germany's No.2 business software firm, said on Thursday it would invest 20 million to 30 million euros ($23-$34.5 million) this year in growth projects as CEO Sanjay Brahmawar seeks to revitalize the 50-year-old company.
from Reuters: Technology News https://reut.rs/2S9Q5v5
South Korea's LG Electronics Inc posted its slowest quarterly profit growth in two years on Thursday citing higher marketing costs and tougher competition in the television business.
from Reuters: Technology News https://reut.rs/2HIVNQk
Electric carmaker NIO Inc, one of the main rivals to Tesla in China, raised $650 million in a five-year convertible bond on Thursday, aiming to use the proceeds to fund expansion.
from Reuters: Technology News https://reut.rs/2UuT4vj
Telecom network equipment maker Nokia forecast stronger-than-expected 2019 and 2020 results thanks to fast-rising investments in 5G networks, after beating fourth-quarter sales and profit estimates on Thursday.
from Reuters: Technology News https://reut.rs/2WwjtLl
South Korean gaming firm Netmarble said it will form a consortium to bid for a controlling stake in Nexon's holding company, the latest to show interest in a deal that could be worth about $9 billion after Kakao.
from Reuters: Technology News https://reut.rs/2S0DlYk
Chinese ride-hailing company Didi Chuxing is looking at cutting headcount in some departments by up to 20 percent, technology news website The Information reported, citing a source.
from Reuters: Technology News https://reut.rs/2GaZ4FL
Facebook Inc reported better-than-expected profit on Wednesday, showing that digital advertisers were still flocking to spend money on the service in order to reach customers even after a series of high profile embarrassments for the world's largest online social media network.
from Reuters: Technology News https://reut.rs/2CSx7PU
New York's attorney general on Wednesday said she has resolved a probe into a group of Colorado companies that once sold fake followers, "likes" and views on social media platforms, in the first U.S. settlement to deem such sales illegally deceptive.
from Reuters: Technology News https://reut.rs/2S3NfIQ
Tesla Inc's chief financial officer will leave the company as the automaker on Wednesday promised cheaper Model 3 sedans, the launch of Chinese production this year and profits in every quarter in 2019.
from Reuters: Technology News https://reut.rs/2HGV81W
E-commerce giant Alibaba Group Holding Ltd reported quarterly profit far above market expectations and played down worries of Chinese economic slowdown and U.S. tariff effects, sending its shares up 6 percent.
from Reuters: Technology News https://reut.rs/2sU0ixj