Weekend: Chance of Precipitation: Fri: 40% / Sat: 60% / Sun: 60%.
Staff fear the chop in Samsung Electronics annual reshuffle
By Se Young Lee and Sohee Kim SEOUL (Reuters) - Insiders say staff at Samsung Electronics have never been so anxious ahead of the annual reshuffle, as a weak smartphone performance and its worst earnings in three years are expected to cost many jobs. As is customary for Korean businesses, Samsung is expected to announce its annual personnel changes in early December, a ritual that even in good times means weeks of distracting uncertainty for staff facing promotion, transfer or the sack. The last of those options looks more likely after third-quarter operating profit fell by nearly two thirds. ...
EU lawmakers urge regulators to break up Google
By Foo Yun Chee and Philip Blenkinsop BRUSSELS (Reuters) - European Union lawmakers overwhelmingly backed a motion on Thursday urging anti-trust regulators to break up Google, the latest setback for the world's most popular Internet search engine. Google has been in the EU's regulatory sights since 2010, and is also grappling with privacy issues, requests to scrub search results to comply with a court ruling, copyright concerns and tax controversies. The non-binding resolution in the European Parliament is the strongest public signal yet of Europe's concern with the growing power of U.S. ...
Ridesharing firm Uber suspends operations in Nevada
(Reuters) - Ridesharing company Uber suspended its operations in the U.S. state of Nevada late on Wednesday in a setback that it said would cost nearly 1,000 jobs. Companies such as Uber allow passengers to summon cars using apps on their smartphones, rather than calling a taxi company, and have gained popularity in dozens of U.S. cities over the past few years. ...
Twitter to start tracking users' mobile apps
NEW YORK (Reuters) - Twitter Inc will begin tracking what third-party apps are installed on users' mobile devices so the social media company can deliver more tailored content, including ads, the company said late on Wednesday. The feature, called "app graph," will allow the company to see what other applications users may have installed on phones or other devices. ...
Canadian startups woo Silicon Valley expats for top jobs
By Sayantani Ghosh TORONTO (Reuters) - Technology startups in Canada are seeking to lure back expatriates from Silicon Valley with the promise of executive roles, generous stakes and the chance to stamp their mark on a nascent industry. Michael Katchen is one of the first. He came home to Toronto after helping to build and then sell a company in California. Four of the 40-odd employees of his latest venture, Wealthsimple, were once expatriates too. "There is a benefit in being part of the engineering culture in the Valley ... ...