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Doug Field, former Tesla engineering chief, returns to Apple
Doug Field, who stepped down as the senior vice president of engineering at Telsa Inc last month, is returning to Apple Inc , Apple told Reuters on Thursday.
Year: 2018
Business News
Samsung eyes young buyers with gaming, music-friendly Galaxy Note 9
Samsung Electronics Co Ltd unveiled the Galaxy Note 9 “phablet” in New York on Thursday in a key product launch that it hopes will attract younger customers with stepped-up features and services for gamers and music-lovers.
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Qualcomm reaches settlement in anti-trust case with Taiwan regulator
TAIPEI/SAN FRANCISCO (Reuters) – Mobile chipmaker Qualcomm Inc (QCOM.O) will settle an anti-trust case with Taiwanese regulators for about $93 million, and has also pledged to invest $700 million in Taiwan over the next five years. The settlement replaces a fine of roughly $778 million imposed by Taiwan’s Fair Trade Commission in 2017, when it accused the U.S. firm of refusing to sell chips to mobile handset makers that wouldn’t agree to its patent-licensing terms. It was also accused of cutting iPhone maker Apple Inc (AAPL.O) a royalty discount in exchange for the exclusive use of Qualcomm’s modem …read more […]
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Rangers hold advantage but Gerrard preaches caution
Rangers will head into the return leg of their Europa League qualifier against Maribor with a sense of optimism after a 3-1 win over the Slovenians on Thursday but manager Steven Gerrard knows from experience a two-goal lead in Europe is never enough.
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Qualcomm Wins Taiwan Reprieve as Global Antitrust Battle Rages
Qualcomm Inc., the smartphone chipmaker fighting regulatory actions and lawsuits threatening its most profitable business, has reached a settlement with Taiwan’s antitrust regulators that reverses most of a $773 million fine. As part of an agreement announced Friday by the Fair Trade Commission, the company will invest $700 million over the next five years and boost research activities in Taiwan, home to a clutch of important suppliers to global names such as Apple Inc. In return, Qualcomm can stop paying fines and retains the right to charge manufacturers royalties on its technology. The commission said Friday it will …read more […]
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China paper rebuts trade war criticism, says ‘an elephant can’t hide’
China’s top newspaper rebutted growing criticism in government circles that Beijing should have taken a lower profile to head off its trade war with the United States, saying on Friday that, like an elephant, China cannot hide its size and strength.
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Muslim cleric: Grandson found buried at New Mexico compound
A severely disabled Georgia boy who authorities say was kidnapped by his father and marked for an exorcism was found buried at the ramshackle compound in the New Mexico desert that has been the focus of investigators for the past week, the toddler’s grandfather said Thursday. New Mexico authorities, however, said they had yet to identify the remains, discovered Monday. Prosecutors said he was snatched from his mother in December in Jonesboro, Georgia, near Atlanta. …read more […]
Business News
Asian shares down on trade anxiety; lira, rouble hit by economic worries
Asian stock markets fell on Friday amid heightened global trade tensions, while currency markets were whipsawed by a searing selloff in Russia’s rouble after the United States slapped on new sanctions, and as economic worries sent the Turkish lira tumbling.
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When Will NVIDIA’s Self-Driving Car Bet Pay Off?
NVIDIA has fallen behind in the race to develop autonomous cars, but a new strategy could help it turn around. …read more […]
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Exclusive: Tesla’s board seeking more information on Musk’s financing plan – sources
While Tesla’s board has held multiple discussions about Musk’s proposal, which first became public on Tuesday, it has not yet received specific information on who will provide the funding, one of the sources said. Tesla declined to comment. Musk, a 47-year-old investor and engineer, stunned financial markets on Tuesday, when he revealed on Twitter he was considering a take-private deal for Tesla, an auto manufacturing pioneer that developed the world’s first ever premium all-electric sedan car. …read more […]
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China paper says trade frictions caused by waning U.S. hegemony
Growing trade tensions between the United States and China are motivated by fears that China is now the top challenger to Washington’s global hegemony, the official Communist Party newspaper The People’s Daily said on Friday.
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Ryanair braces for biggest ever one-day strike
Ryanair is bracing for its biggest-ever one-day strike on Friday with pilots based in five European countries set to walk out, forcing the cancellation of about one in six of its daily flights at the height of the holiday season.
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Prosecutors shift focus to fraud charges in Manafort trial
ALEXANDRIA, Va. (AP) — After three days of dramatic and even salacious testimony in the trial of Paul Manafort, prosecutors on Thursday returned to the nuts and bolts of their case against the former Trump campaign chairman as they sought to show he obtained millions of dollars in bank loans under false pretenses. …read more […]
Business News
News Corp tops estimates as Foxtel, books unit drive gains
News Corp topped Wall Street profit targets on Thursday, as it benefited from gains at its newly acquired TV network and recorded double-digit growth in its real-estate listings and book publishing businesses.
Business News
Dropbox results top estimates on higher subscriber additions
Dropbox Inc’s forecast for the current-quarter and results for the second quarter beat Wall Street estimates on Thursday, with the online storage firm earning more from a higher number of paying subscribers.