Technology

Xiaomi posts 15% rise in second quarter revenue, below expectations

SHANGHAI (Reuters) – China’s Xiaomi Corp <1810.HK> reported a smaller-than-expected 15% growth in quarterly revenue on Tuesday as fewer people bought smartphones at...

FTC chairman says Facebook’s plan to merge brands may make it...

(Reuters) – Facebook Inc’s plan to integrate Instagram and WhatsApp more closely could hinder any attempts to break up the social media giant, Federal...

Baidu earnings beat estimates on strong video streaming growth

(Reuters) – China search engine operator Baidu Inc reported better-than-expected quarterly revenue and profit on Monday, as more people signed up for its video...

Sony to buy ‘Spider-Man’ developer Insomniac Games

(Reuters) – PlayStation console maker Sony Interactive Entertainment said on Monday it would buy privately held Insomniac Games Inc, known for developing games such...

Visa critical of India’s move toward no-fee debit card transactions

By Nupur Anand MUMBAI (Reuters) – Global card payments group Visa is critical of the Indian government’s decision to boost adoption of electronic payments by...

U.S. assures support to American tech firms in India in letter

By Aditya Kalra NEW DELHI (Reuters) – The United States ambassador to India has written to top American technology firms assuring them of support for...

Russia’s Yandex looks at ten-fold increase in driverless car fleet to...

By Nadezhda Tsydenova MOSCOW (Reuters) – Yandex, a Russian equivalent to Google, said it is considering expanding its fleet of self-driving cars to up to...

Shell debuts electric vehicle chargers in Singapore, first in Southeast Asia

SINGAPORE (Reuters) – Royal Dutch Shell is launching electric vehicle chargers at petrol stations in Singapore, its first such foray in Southeast Asia, the...

China’s Ninebot unveils scooters that drive themselves to charging stations

BEIJING/HONG KONG (Reuters) – Segway-Ninebot Group, a Beijing-based electric scooter maker, on Friday unveiled a scooter that can return itself to charging stations without...

Samsung Display may suspend output at South Korean LCD plant: spokeswoman

SEOUL (Reuters) – South Korean panel maker Samsung Display, a unit of Samsung Electronics Co Ltd, is considering suspending one of its liquid crystal...
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