(Reuters) – Traffic growth on Baidu Inc’s mobile app helped drive higher-than-expected third quarter revenue as China’s biggest search engine operator places more emphasis on artificial intelligence (AI) and autonomous driving. FILE PHOTO: A Baidu logo is seen at the Global Mobile Internet Conference (GMIC) at the National Convention Center in Beijing, China April 27, […]
FILE PHOTO: The Intel logo is shown at E3, the world’s largest video game industry convention in Los Angeles, California, U.S. June 12, 2018. REUTERS/Mike Blake/File Photo SAN FRANCISCO (Reuters) – Intel Corp has increased the ratio of women and African-Americans in its workforce after three years of a high-profile effort to improve diversity, the […]
IBM has agreed to acquire Red Hat for $190 per share in cash. The total value of the deal is approximately $34 billion, making this the biggest Linux or open-source business deal ever. Red Hat is the leading corporate Linux company. Prior to this deal, Red Hat had a market capitalization of about $20.5 billion. […]
Last weekend’s newsletter, “Facebook’s ‘War Room’ Is a Marketing Ploy,” elicited mixed reactions. Some readers agreed with my criticism that Facebook’s unveiling of a misinformation-quashing initiative was a PR stunt. Other readers felt I had been unfair to the company, arguing that it is taking the threat of fake news seriously. Below is a sampling […]
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SAN FRANCISCO (Reuters) – Microsoft Corp (MSFT.O) regained its spot as the second most valuable U.S. company on Friday after a disappointing quarterly report from Amazon.com (AMZN.O) wiped $65 billion off the online retailer’s market capitalization. A Microsoft store is pictured in New York City, New York, U.S., August 21, 2018. REUTERS/Carlo Allegri Apple Inc […]
Three days after last Christmas, a 25-year-old Los Angeles man named Tyler Barriss allegedly called police in Wichita, Kansas, and pretended that he’d murdered his father and was holding hostages in a house near the city’s downtown. Barriss thought the house belonged to an avid Call of Duty gamer he wanted to harass, but he […]
TOKYO (Reuters) – Toshiba Memory Corp, the world’s No. 2 producer of NAND flash memory chips, will go public as soon as the autumn of next year, Kyodo News reported on Wednesday. Toshiba Corp sold Toshiba Memory in June to a consortium led by Bain Capital LP, which also included Apple Inc, South Korean chipmaker […]