Best Buy starts investigation into CEO’s personal conduct
FILE PHOTO: A sign marks a Best Buy store in Salem, New Hampshire, U.S., November 25, 2019. REUTERS/Brian Snyder (Reuters) – U.S. consumer electronics retailer Best Buy Co (BBY.N) said…
Google co-founders step aside as Pichai takes helm of parent Alphabet
SAN FRANCISCO (Reuters) – Google co-founders Larry Page and Sergey Brin are stepping aside as leaders of the Internet behemoth they founded 21 years ago, ending an extraordinary run that…
Activist investors to pressure privately held Palantir on human rights
(This November 22 story in fifth paragraph, corrects name to Alger from Alger Capital) FILE PHOTO: Activists protest outside the Palantir Technologies software company for allegedly helping ICE and the…
U.S. Supreme Court rejects Charter appeal of Sprint patent verdict
FILE PHOTO: The U.S. Supreme Court building is pictured in Washington, U.S., March 20, 2019. REUTERS/Leah Millis WASHINGTON (Reuters) – Charter Communications Inc (CHTR.O) unit Time Warner Cable must pay…
IBM revenue misses on weakness in its biggest unit; shares fall 5%
(Reuters) – International Business Machines Corp (IBM.N) missed Wall Street estimates for quarterly revenue on Wednesday, as its global technology services unit was hit by weakness in some European markets,…
Netflix shares jump as subscribers grow ahead of Disney, Apple attack
(Reuters) – Netflix Inc (NFLX.O) added slightly more paying subscribers than Wall Street expected in the third quarter, a relief to investors who had worried the company might fall short…
Tesla automated parking problems seen liability of app ‘driver’ for now
(Reuters) – Tesla Inc owners summoning their driverless cars in parking lots are likely liable for crashes, lawyers said after a series of internet videos showed problems with cars running…
Huawei talks up own apps with Mate 30 challenge to Apple, Samsung
MUNICH (Reuters) – Huawei unveiled its new smartphones to challenge Apple’s (AAPL.O) iPhone 11 on Thursday, talking up slick design and best-in-class features while playing down concerns about the lack…
U.S. states launch antitrust probes of tech companies, focus on Facebook, Google
(Reuters) – Two groups of U.S. state attorneys general on Friday announced separate antitrust probes of large tech companies such as Alphabet’s Google (GOOGL.O) and Facebook (FB.O). The first probe,…
Exclusive: Fearing data privacy issues, Google cuts some Android phone data for wireless carriers
NEW YORK/SAN FRANCISCO (Reuters) – Alphabet Inc’s Google has shut down a service it provided to wireless carriers globally that showed them weak spots in their network coverage, people familiar…