Facebook quarterly profit beats estimates

(Reuters) – Facebook Inc’s (FB.O) first-quarter profit topped analyst estimates on Wednesday, as the social media company’s mobile ad business grew from a major push to add more video content on its site. FILE PHOTO: Silhouettes of laptop users are seen next to a screen projection of Facebook logo in this picture illustration taken March More...

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By news On Wednesday, April 25th, 2018
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U.S. probing Huawei for possible Iran sanctions violations: sources

NEW YORK/LONDON (Reuters) – Federal prosecutors in New York have been investigating since at least last year whether Chinese tech company Huawei Technologies Co Ltd [HWT.UL] violated U.S. sanctions in relation More...

By news On Wednesday, April 25th, 2018
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Reuters Top 100: Europe’s Most Innovative Universities – 2018

For the third year running KU Leuven tops Reuters ranking of Europe’s most innovative universities, a list that identifies and ranks the educational institutions doing the most to advance science, invent new More...

By news On Wednesday, April 25th, 2018
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Police in Chinese city seize 600 computers used to mine bitcoin

BEIJING (Reuters) – Police in the north China city of Tianjin confiscated 600 computers used to mine bitcoin cryptocurrency after the local power grid operator reported abnormal electricity usage, Xinhua More...

By news On Wednesday, April 25th, 2018
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Novartis’ digital drive continues with eye-disease app

ZURICH (Reuters) – Novartis’s foray into digital technology intensified on Wednesday as the Swiss drugmaker launched a mobile-phone based app to help collect data from people participating in eye disease More...

By news On Wednesday, April 25th, 2018
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South Korea’s LG Display looks up after posting first loss in six years

SEOUL (Reuters) – South Korea’s LG Display Co Ltd forecast higher panel shipments and more stable prices in the second quarter as it reported its first operating loss in six years on Wednesday, hit by a More...

By news On Wednesday, April 25th, 2018
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LG Display books first operating loss in 6 years as panel prices drop

SEOUL (Reuters) – South Korea’s LG Display Co Ltd reported its first operating loss in six years, hit by a sharp drop in panel prices as Chinese rivals flooded the market and sluggish sales of liquid crystal More...

By news On Wednesday, April 25th, 2018
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Protesters greet Amazon’s Jeff Bezos in Germany

BERLIN (Reuters) – Hundreds of Amazon (AMZN.O) workers blew whistles and banged drums on Tuesday to protest against the presentation of a German award to Jeff Bezos, the ecommerce firm’s chief executive. More...

By news On Tuesday, April 24th, 2018
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YouTube deletes 5 million videos for content violation

SAN FRANCISCO (Reuters) – YouTube, owned by Alphabet Inc’s Google (GOOGL.O), deleted about 5 million videos from its platform for content policy violations in last year’s fourth quarter before any viewers More...

By news On Tuesday, April 24th, 2018
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Ireland expects Apple EU tax appeal to be heard in autumn

DUBLIN (Reuters) – An appeal by Apple and Ireland against a European Union ruling for the U.S. firm to pay 13 billion euros ($16 billion) in disputed taxes is likely to be heard in the autumn, Irish Finance More...