Technology

(Reuters) – Data center technology company Hewlett Packard Enterprise Co reported a better-than-expected quarterly revenue, helped by higher sales for its networking equipment. Shares of the company rose 4.13 percent to $14.62 after the bell on Tuesday. Revenue from the company’s enterprise group division, which included storage and networking businesses and accounted for more than
0 Comments
SANTIAGO (Reuters) – Taxi drivers protesting the growth of mobile ride hailing applications such as Uber and Cabify blocked the main road to Chile’s principal airport in capital Santiago on Monday, wreaking havoc on travelers’ plans. Television images showed traffic backed up for miles (kilometers), while many passengers resorted to walking along the highway. Santiago-based
0 Comments
(Reuters) – Video streaming device maker Roku Inc filed for an initial public offering on Friday, as the company looks to cash in on the booming demand for such services. The Los Gatos, California-based company said it applied to list its Class A common stock on the Nasdaq under the ticker symbol “ROKU”. Connected to
0 Comments
(Reuters) – Samsung Electronics Co Ltd (005930.KS) said on Thursday it has received a permit to test self-driving vehicles in California, marking the entry of the world’s largest smart phone maker four months after iPhone maker and arch rival Apple Inc (AAPL.O) received a permit. Its parent company in May secured permission from South Korean
0 Comments
MOSCOW (Reuters) – Russian business conglomerate Sistema (SSAq.L) said on Wednesday it has no plans to sell shares in mobile operator MTS (MBT.N), the Interfax news agency reported. Sistema is considering various options of raising funds, including borrowing from banks, Interfax quoted Mikhail Shamolin, the company’s chief executive officer, as saying. Sistema’s statement was made
0 Comments
SAN FRANCISCO (Reuters) – Uber Technologies Inc [UBER.UL] said on Tuesday it was cooperating with a preliminary investigation led by the U.S. Department of Justice into possible violations of bribery laws. The preliminary investigation is the latest in a series of legal wrangles at Uber as the ride-services company waits for its new chief executive
0 Comments
SEOUL (Reuters) – South Korea’s LG Electronics participated in a main bidding round to buy Austrian automotive light maker ZKW Group in a deal that could potentially fetch $1.2 billion, Korea Economic Daily said on Tuesday. LG Electronics, South Korea’s No.2 smartphone maker after Samsung Electronics, has been preparing for the deal for more than
0 Comments
(Reuters) – Expedia Inc Chief Executive Dara Khosrowshahi is poised to accept Uber Technologies Inc’s [UBER.UL] offer to become its new CEO, according to an internal memo sent to Expedia staff, putting him in charge of turning around the loss-making, scandal-ridden ride-services company. The Uber board of directors on Sunday chose Khosrowshahi as its next
0 Comments
SAO PAULO (Reuters) – Facebook Inc on Monday unveiled its first training center in Latin America for coders and entrepreneurs, encouraging technology careers for young Brazilians saddled with staggering unemployment after a deep economic crisis. The company’s regional Vice President Diego Dzodan told Reuters the space in mid-town São Paulo, known as Estação Hack, will
0 Comments