Trump presses U.S. companies to close China operations
WASHINGTON (Reuters) – President Donald Trump said on Friday he was ordering U.S. companies to look at ways to close their operations in China and make more of their products…
Trump says he is having dinner Friday with Apple CEO Cook
BEDMINSTER, N.J. (Reuters) – U.S. President Donald Trump said he was having dinner on Friday with Chief Executive Officer Tim Cook of Apple Inc, a company the president has criticized…
AMS plans rival takeover bid for Germany’s Osram
FILE PHOTO: CEO of lamp manufacturer Osram Olaf Berlien poses during the opening of the company ‘World of light’ showroom in Munich, Germany, October 24, 2017. REUTERS/Michaela Rehle/File Photo VIENNA…
U.S. attorney general, state officials discuss big tech firms’ effect on competition
FILE PHOTO: The logos of Amazon, Apple, Facebook and Google are seen in a combination photo from Reuters files. REUTERS/File Photos -/File Photo WASHINGTON (Reuters) – Eight state attorneys general…
Apple pays $1 billion for Intel unit in push for chip independence
(Reuters) – Apple Inc (AAPL.O) took a major step toward supplying its own smartphone chips by purchasing the majority of Intel Corp’s (INTC.O) modem business in a deal valued at…
Big Tech faces broad U.S. Justice Department antitrust probe
WASHINGTON (Reuters) – The U.S. Justice Department said on Tuesday it was opening a broad investigation of major digital technology firms into whether they engage in anticompetitive practices, the strongest…
LG Display to invest $2.6 billion in OLED panel plant in South Korea
FILE PHOTO: A man walks out of the headquarters of LG Display in Seoul, October 20, 2011. REUTERS/Jo Yong-Hak/File Photo SEOUL (Reuters) – LG Display said on Tuesday that it…
Netflix sinks on subscriber losses, analysts still see growth
(Reuters) – Wall Street brokerages stuck to a positive outlook on Netflix Inc (NFLX.O) on Thursday, betting that a strong content slate for the rest of 2019 would reverse shock…
Tech executives head to Capitol Hill for antitrust hearing
WASHINGTON (Reuters) – Executives from tech giants Apple Inc, Amazon.com Inc, Facebook Inc and Alphabet’s Google go before the House Judiciary Committee’s antitrust panel Tuesday to discuss competition in online…
Five things to look for in Netflix’s second-quarter report
NEW YORK (Reuters) – When Netflix Inc (NFLX.O) reports second-quarter earnings on Wednesday, a big question is how the streaming giant will handle a slew of new competitors barging in…