How Apple loses its grip on India

BENGALURU (Reuters) – Software engineer Samee Alam was ready to take the plunge and buy an iPhone at this week's Diwali Festival sales, but at the last minute he opted…

Uber is looking for OK to continue the self drive tests in Pennsylvania

WASHINGTON (Reuters) – Uber Technologies Inc. has asked Pennsylvania for permission to resume the road test on public roads and improve the autonomous vehicle software, the company said on Friday,…

Siemens returns to its roots with 600 million euros of Berlin investment

ZURICH (Reuters) – Siemens (SIEGn.DE) returned to its Berlin roots Wednesday and announced plans to invest up to 600 million euros ($ 681 million) in the construction of an industrial…

Siemens is investing up to 600 million euros in Berlin

Siemens boss Joe Kaeser looks during a contract signing in Berlin on 31 October 2018 on an innovation campus. REUTERS / Hannibal Hanschke ZURICH (Reuters) – Siemens returned to its…

Factbox: Ten years of Bitcoin

LONDON / NEW YORK (Reuters) – Bitcoin, the world's first and most famous cryptocurrency, is celebrating its tenth birthday on Wednesday. Bitcoin.com's buttons will be displayed on May 16, 2018,…

Musk shakes SpaceX in the race to create a satellite launch window: Sources

SEATTLE / ORLANDO, Colo. (Reuters) – SpaceX CEO Elon Musk flew to the Seattle region in June to meet with engineers who are launching a satellite launch project critical to…

Samsung is cutting investment and ending the third quarter with an end to the chip boom

SEOUL (Reuters) – Samsung Electronics Co Ltd cut investment in 2018 by more than a quarter on Wednesday, warning of lower earnings by early next year. The end of a…

Samsung Electronics achieves a record profit in the third quarter, but warns of a weaker performance

SEOUL (Reuters) – Samsung Electronics Co Ltd (005930.KS) projected a weaker third quarter performance as it posted record third quarter earnings and expectations due to semiconductor data center sales and…

Facebook expects rising costs to combat scandals after 2019 to decline

(Reuters) – Facebook Inc (FB.O) on Tuesday, investors were relieved of the forecast that margins will not contract after 2019 as scandals plummet and stocks continue to rise with record…

The increase in Facebook revenue outweighs slow user and revenue growth

SAN FRANCISCO (Reuters) – Facebook Inc (FB.O) on Tuesday beat earnings estimates, but missed targets for growing monthly users, reporting its slowest earnings growth in about six years in a…