Technology

SAN FRANCISCO/BENGALURU/SHANGHAI (Reuters) – Apple Inc on Wednesday took the rare step of cutting its quarterly sales forecast, with Chief Executive Tim Cook blaming slowing iPhone sales in China, whose economy has been dragged down by uncertainty around U.S.-China trade relations. The news, which comes as a spotlight grows on Beijing’s attempts to revive stalling
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(Reuters) – Activision Blizzard Inc on Monday said it intends to terminate Chief Financial Officer Spencer Neumann for reasons unrelated to the video game publisher’s financial reporting or disclosure controls and procedures. Neumann has been placed on a paid leave of absence from the company, Activision Blizzard said, adding that Neumann will get an opportunity
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(Reuters) – A cyber attack caused major printing and delivery disruptions on Saturday at the Los Angeles Times and other major U.S. newspapers, including ones owned by Tribune Publishing Co (TPCO.O) such as the Chicago Tribune and Baltimore Sun. A hooded man holds a laptop computer as cyber code is projected on him in this
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(Reuters) – Tesla Inc on Friday named Oracle Corp co-founder Larry Ellison, a shareholder and self-described close friend of Chief Executive Elon Musk, to its board to provide the independent oversight demanded by U.S. regulators after Musk tweeted about taking the electric carmaker private. The move is meant to usher Tesla past months of turbulence
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A logo of Dell Technologies is seen at the Mobile World Congress in Barcelona, Spain February 28, 2018. REUTERS/Yves Herman (Reuters) – Dell Technologies Inc shares opened at $46 on Friday, giving the computer maker a valuation of $16 billion in its return to public market, after it bought back shares tied to its interest
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(Reuters) – Headsets maker Plantronics Inc said on Wednesday it has entered an agreement with the U.S. Securities and Exchange Commission to settle an investigation into Polycom Inc, which it acquired in July. Plantronics will pay $36 million to settle the investigation, which began after Polycom reported it discovered evidence of “possible improper behavior” by
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