NewsReutersXiaomi weathers China smartphone slowdown but growth worries hit shares
Xiaomi's quarterly results - the third set since its IPO in Hong Kong - show the company is weathering fairly well a slowdown in demand in China by increasing its focus on international markets. Xiaomi is cutting its dependence on China, where the economy in 2018 expanded the least in nearly three
FinanceReutersPlant protein startups vie to tap China’s hungry market
Start-ups specialising in alternative protein, from eggless eggs to pea-stuffed burgers and cell-grown fish products, are piling into the Chinese territory of Hong Kong to tap the mainland's booming multi-billion dollar food market. At a time when traditional meat farmers have seen profits hurt
StyleAFP RelaxGoogle unveils search changes to placate EU
Google on Tuesday unveiled a series of tweaks to its European search engine results in an effort to avoid further fines from the EU's top anti-trust regulator. The effort to placate the Europan Commission comes as the EU executive is set to slap the tech giant with a fresh fine over unfair competition
StyleAFP RelaxInstagram moves into e-commerce with shopping button
Facebook-owned Instagram on Tuesday made a move into potentially lucrative e-commerce by adding an option to buy products shown off in posts by selected brands. "We're introducing Checkout on Instagram," the Silicon Valley based division of Facebook said in an online post. Tapping the
FinanceAssociated PressDisney closes $71B deal for Fox entertainment assets
Disney has closed its $71 billion acquisition of Fox's entertainment business, putting "Cinderella," ''The Simpsons," ''Star Wars" and "Dr. Strange" under one corporate roof.
NewsAssociated PressWhat Disney gets as its $71.3B buy of Fox assets closes
It's finally complete. Disney closed its $71 billion acquisition of Fox's entertainment assets on Wednesday, more than a year after the mega merger was proposed . Disney gets far ranging properties ranging from Fox's film studios, including "Avatar" and X-Men, to its TV productions
NewsReutersSamsung Elec sees green shoots in China smartphone business: co-CEO
Samsung's market share has plunged from about 20 percent in 2013 to less than 1 percent currently as fast-growing Chinese rivals such as Huawei Technologies Co Ltd proved more agile in responding to the latest trends. "It has been tough in China in the last two years. "I think our flagship
NewsReutersChina clones 'Sherlock Holmes' police dog to cut training times - state media
Scientists in southwest China's Yunnan province have cloned what they called the "Sherlock Holmes of police dogs" in a programme they hope will help cut training times and costs for police dogs, state media reported on Wednesday. The dog, named Kunxun, was cloned from a police sniffer
NewsReutersFacebook agrees to advertising overhaul to settle U.S. discrimination suits
Under the agreement, Facebook will create a new advertising portal for ads linked to housing, employment and credit ads that will limit targeting options for those ads across all of its services, including Instagram and Messenger, the rights groups said in a joint statement. "There is a long history
NewsAssociated PressConcern raised over SKorean treatment of Bloomberg reporter
SEOUL, South Korea (AP) — International journalists' organizations are criticizing the status of press freedom in South Korea after the country's ruling party singled out a Bloomberg reporter with South Korean nationality over what it claimed was a "borderline traitorous" article insulting
NewsAssociated PressFBI tracked Michael Cohen's phones with controversial device
NEW YORK (AP) — Michael Cohen, meet the Triggerfish.
NewsReutersU.S. lawmaker says tech companies must quickly remove violent content after New Zealand
In a letter dated Monday and released on Tuesday, Representative Bennie Thompson urged the chief executives of Facebook Inc , Alphabet Inc's Google, which owns YouTube, Twitter Inc and Microsoft Corp to more swiftly remove content that would spawn political extremism. The shooter, a suspected white
NewsReutersSecond U.S. jury finds Bayer's Roundup caused cancer
Tuesday's unanimous jury decision in San Francisco federal court, which came after five days of deliberation, was not a finding of Bayer's liability for the cancer of plaintiff Edwin Hardeman. Bayer, which denies allegations that glyphosate or Roundup cause cancer, in a statement on Tuesday
NewsAssociated PressGoodbye console? Google launches game-streaming platform
NEW YORK (AP) — Google on Tuesday unveiled a video-game streaming platform called Stadia, positioning itself to take on the traditional video-game business.
NewsAssociated PressUS official declares drought plan done for Colorado River
FLAGSTAFF, Ariz. (AP) — Seven states that rely on a major waterway in the U.S. West have finished a yearslong effort to create a plan to protect the Colorado River amid a prolonged drought, the federal government declared Tuesday.
NewsReutersOver 200 dead in Mozambique after Cyclone Idai, millions hit
MAPUTO/HARARE (Reuters) - The number of people killed in a powerful cyclone and flooding in Mozambique has risen above 200, more than doubling the country's death toll from a storm that could rank as one of the worst weather-related disasters in the southern hemisphere. Mozambique's President
NewsReutersGoogle to prompt Android users to choose preferred browsers to allay EU concerns
The European Commission last year handed Google a record 4.34 billion euro ($4.9 billion) fine for using the market power of its mobile software to block rivals in areas such as internet browsing. By pre-installing its Chrome browser and Google search app on Android devices, Google had an unfair advantage
NewsReutersFranco-German startup Doctolib gets unicorn status with 150 million-euro fundraising
Franco-German start-up Doctolib, an online booking platform for doctors, has raised 150 million euros from a pool of investors led by U.S. venture capital giant General Atlantic, it said on Tuesday. General Atlantic, which has $31 billion in assets under management, which has notably invested in China
NewsReutersLyft's IPO oversubscribed on road show's second day: sources
The development indicates that many investors are willing to overlook uncertainty over Lyft's path to profitability and its strategy for autonomous driving, for fear of missing out on the biggest and most high-profile technology IPO since Snap Inc in 2017. Lyft started its IPO road show on Monday
NewsReutersFacebook agrees to advertising overhaul to settle U.S. discrimination suits
Under the agreement, Facebook will create a new advertising portal for ads linked to housing, employment and credit ads that will limit targeting options for those ads across all of its services, including Instagram and Messenger, the rights groups said in a joint statement. "There is a long history
NewsReutersGoogle announces browser-based streaming game service
The technology allows users to play games through their internet browser or YouTube without waiting for content to be downloaded to a device, making access to games potentially as easy as watching a video from YouTube. Google declined to say how it would price its technology to consumers or game makers
NewsAssociated PressTrump: Social media sites discriminate against conservatives
WASHINGTON (AP) — President Donald Trump directed his ire Tuesday at the nation's major social media companies, claiming they're biased against Republicans and attacking them with the same gusto he uses for much of the rest of the media world.
NewsAssociated PressIn end of 20th Century Fox, a new era dawns for Hollywood
NEW YORK (AP) — The Fox Studio backlot, first built in 1926 on a Century City ranch in Los Angeles, was enormous. Before much of it was sold off in the 1960s, it was four times the size of its current, and still huge, 53 acres.
FinanceAssociated PressFacebook to overhaul ad targeting to prevent discrimination
Facebook will overhaul its ad-targeting systems to prevent discrimination in housing , credit and employment ads as part of a legal settlement. The changes to Facebook's advertising methods —which generate most of the company's enormous profits — are unprecedented. The social network says it
- EntertainmentVariety
Beleaguered Chinese Tech Firm Huawei Seeks Content for Expansion Into Southeast Asia
One of the most surprising first-time attendees at FilMart is Chinese tech giant Huawei, which has come to Hong Kong to acquire the video content it needs to support its strategy of expansion into Southeast Asia. The company is currently embroiled in a PR nightmare as it defends itself against accusations
