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T-Mobile's quarterly revenue rises 14 percent
News Image(Reuters) - T-Mobile US Inc's quarterly revenue rose about 14 percent as aggressive pricing helped the company win more customers. T-Mobile said this month that it added a net 2.1 million customers in the second quarter, up from 1.5 million a year earlier.
Thu, 30 Jul 2015 07:49:52 -0400
Facebook profit falls 9 percent as costs soar
News ImageFacebook Inc reported quarterly revenue that beat forecasts but its profit fell 9 percent as the social media company sharply increased spending to boost mobile revenue and future growth. "We're investing in the next set of services and what will be future investments like Messenger, WhatsApp and Oculus," Chief Operating Officer Sheryl Sandberg said in an interview on Wednesday after the earnings report. Messenger has more than 700 million users, and the app has been downloaded more than 1 billion times on Android, Google Inc's mobile operating system, Facebook said.
Wed, 29 Jul 2015 19:06:29 -0400
Uber launches car leasing unit, makes entry into financial services
News ImageBy Dan Levine SAN FRANCISCO (Reuters) - Uber Technologies has launched its own auto leasing subsidiary in an effort to sign up more drivers, injecting the fast-growing ride services company directly into the financial services sector for the first time. The move by Uber, announced as a pilot project on Wednesday, follows the end of its partnership with Banco Santander's U.S. lending unit earlier this year. Uber announced the initiative but disclosed few financial details, though it said it would offer both new and used cars.
Wed, 29 Jul 2015 23:56:13 -0400
Samsung Electronics cautious on second half; capital returns disappoint
News ImageBy Se Young Lee SEOUL (Reuters) - Samsung Electronics Co Ltd on Thursday offered a downbeat outlook for the second half of the year as smartphone market growth slows and ahead of the expected release of new iPhones from arch rival Apple Inc . Samsung's dominance is being chipped away at the low-to-mid end by Chinese rivals such as Huawei Technologies Co Ltd [HWT.UL] and in the premium segment by Apple, while some markets show signs of saturation. Researcher TrendForce last week cut its 2015 global smartphone market growth forecast to 8.2 percent from 11.6 percent earlier.
Thu, 30 Jul 2015 03:25:46 -0400
China's Baidu to buy back $1 billion shares after investor selldown
News ImageBy Paul Carsten BEIJING (Reuters) - Baidu Inc, China's biggest internet search engine company, said on Thursday it will buy back shares worth $1 billion after the company's stock price slid following a weak earnings report earlier this week. The repurchases will take place over the next 12 months and be funded from the company's existing cash balance, New York-listed Baidu said in a statement. Baidu shares have fallen 14 percent since July 27, when it reported lower-than-expected second-quarter profit.
Thu, 30 Jul 2015 01:21:39 -0400
Nokia, Alcatel-Lucent post strong results as merger approaches
News ImageNokia's 15.6 billion euro ($17 billion) acquisition of Alcatel-Lucent announced in mid-April aims to position the company to better compete with market leader Ericsson and low-cost Chinese powerhouse Huawei [HWT.UL], by forging a strong number two in mobile with a more complete product line. The deal is supposed to be completed by mid-2016, although Alcatel-Lucent hinted that closing could come earlier since some key regulatory approvals had already been secured. Shares of Nokia surged 7.8 percent while Alcatel gained 5.7 percent, having slumped 20 percent and 27 percent respectively in the past three months against a 20 percent fall for Ericsson.
Thu, 30 Jul 2015 05:31:30 -0400
High-res Galaxy Note 5 renders show us what the next major Android phablet will look like
Samsung has already confirmed its hosting a special media event on August 13th, just like recent reports claimed. At the press conference, itll likely unveil its next-gen Galaxy phones, including the Galaxy Note 5 and the Galaxy S6 edge Plus. Both devices have been featured in numerous leaks, and nowdesigners have created some stunning Galaxy Note 5 renders based on the rumors. DONT MISS: How to download and install Windows 10 right now The following set of high-resolution images comes from Ivo Maric, who recently created similar concepts for the iPhone. Maric describes himself on Instagramwhere he posted the images as mechanical engineer addicted to CAD modeling, 3D printing and rendering smartphones before they are released. The Galaxy Note 5 Thu, 30 Jul 2015 07:45:48 -0400
IBM's Watson computing technology learns Japanese
News ImageTOKYO (AP) The IBM Watson super-brainy computing technology, which has helped organize massive data as well as beaten champions on the Jeopardy TV show, is now learning Japanese.
Thu, 30 Jul 2015 07:32:29 -0400
First Click: Apple Lightning cables are more like lemons
News ImageLets get the facts out of the way first:Ive owned two Lightning cables from AppleBoth cables died after two years, almost exactlyIve taken very good care of them and theres no sign of external damageMy wife owned one Lightning cable from AppleHer cable died after two years, almost exactlyShes taken very good care of it and theres no sign of external damageIm annoyed
Thu, 30 Jul 2015 07:30:02 -0400
New Nexus 5 leak: This might be our first look at the phones case
Google is widely expected to release two new Nexus handsets this year, including a new LG Nexus 5and a Huawei Nexus phablet. Both devices have appeared in a variety of reports so far and a newly leaked image shows what looks like the smaller Nexuss rear housing. DONT MISS: How to download and install Windows 10 right now UPDATE: French publication NowhereElse, which is also managing the @OnLeaks Twitter account,published more images showing Nexus 5 (2015) case designs check them out at the end of the post. According to @OnLeaks, the rear case in the drawing below comes from a case manufacturer. The image offers some details about the device, including support for what appears to be a 3D Thu, 30 Jul 2015 06:50:57 -0400
Nokia profit grows as networks division leads turnaround
News ImageHELSINKI (AP) Nokia enjoyed a solid 60 percent rise in net profit in the second quarter, with a good performance in its core networks division suggesting the Finnish company is succeeding in turning its business around since selling its handsets operation to Microsoft in 2013.
Thu, 30 Jul 2015 06:28:49 -0400
Amazon signs Top Gear's Clarkson, Hammond, and May for new show
News ImageFormer Top Gear presentersJeremy Clarkson, Richard Hammond, and James May have signedup for a new motoring show on Amazon Prime, set to air in 2016.The news ends months of speculation about the trio's future on TV after the BBC refused to renew Clarkson's contract following a "fracas" during filming this year. "I feel like Ive climbed out of a bi-plane and into a spaceship," said Clarkson in apress release, with Hammond commenting: "Amazon? In addition to the three presenters, Amazon also secured former Top Gear executive producer Andy Wilman, an old school friend of Clarkson's and the figure credited with the show's revival in the early 2000s.Wilman and Clarkson reportedly dreamt up the show's tone and style during a conversation in a pub 15 years ago, puttingTop Gear on the long road to becoming the most watched factual program of all time, with anestimated worldwide audience of some 350 million.
Thu, 30 Jul 2015 06:25:30 -0400
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