Consumer Discretionary Consumer Electronics

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  • Here's what happened when I wore 10 fitness trackers at once

    We went to a local electronics store and bought a bunch of devices, from brands like Fitbit, Garmin, Polar, Misfit, Jawbone and Withings. We borrowed one Fitbit and two Apple Watches from colleagues. We ran the devices through three specific tests: counting steps, heart rate and total distance. The results were all over the place.

  • *Microsoft to cut up to 1,850 jobs, most in Finland. HELSINKI/ SAN FRANCISCO, May 25- Microsoft Corp announced more big cuts to its smartphone business on Wednesday, just two years after it bought handset maker Nokia in an ill-fated attempt to take on market leaders Apple Inc and Samsung Electronics Co Ltd.. In a move that clearly puts the stamp of two-year chief...

  • Extending home wifi

    Nick Weaver, Eero Co-founder & CEO, discusses his company's new system to help home wifi headaches.

  • HELSINKI, May 25- Microsoft Corp announced more big cuts to its smartphone business on Wednesday, just two years after it bought handset maker Nokia in an ill-fated attempt to take on market leaders Apple and Samsung. The U.S. company said it would shed up to 1,850 jobs, most of them in Finland, and write down $950 million from the business. Microsoft bought Nokia's...

  • HONG KONG, May 25- Huawei Technologies Co Ltd on Wednesday said it sued Samsung Electronics Co Ltd claiming infringement of smartphone patents, the Chinese firm's first intellectual property challenge against the world's top mobile maker. Huawei has filed lawsuits in the United States and China seeking compensation for what it said was unlicensed use of...

  • SEOUL, May 25- Tech giant Samsung Electronics Co Ltd said on Wednesday it will defend itself against patent lawsuits filed by smartphone rival Huawei Technologies Co Ltd.. Huawei, the world's third-largest smartphone maker, has filed lawsuits against Samsung in the United States and China claiming infringement of smartphone patents. "We will thoroughly...

  • Chewbacca masks sell for $500 on eBay

    The electronic masks sold out following the release of viral Facebook video of a woman trying it out.

  • May 24- Best Buy Co Inc's quarterly revenue fell 1.3 percent, the third straight quarter of decline, as strong demand for wearable devices, appliances and home theaters failed to offset weak sales of mobile phones and computers. However, the largest U.S. consumer electronics retailer said the net income attributable to shareholders rose to $229 million, or 70...

  • What to expect when Best Buy reports

    CNBC's Landon Dowdy takes a look at three things to watch when Best Buy reports quarterly numbers before the opening bell.

  • Apple's big turnaround?

    Abhey Lamba, Mizuho Securities, discusses the upward action in Apple's stock.

  • SAN FRANCISCO, May 23- Oracle Corp filed a multibillion-dollar copyright lawsuit against Google because Oracle failed in its own attempts to enter the smartphone market, a Google attorney said in closing arguments on Monday. In a retrial at U.S. District Court in San Francisco, Oracle Corp has claimed Google's Android smartphone operating system violated its...

  • SAN FRANCISCO, May 23- Oracle Corp filed a multibillion-dollar copyright lawsuit against Google because Oracle failed in its own attempts to enter the smartphone market, a Google attorney said in closing arguments on Monday. In court on Monday, Google attorney Robert Van Nest played a video of a speech by Oracle Chairman Larry Ellison praising "our friends at...

  • * "Painful" shift behind smartphone rebound- exec. SEOUL, May 23- From the way it chooses smartphone components to the models it brings to market, Samsung Electronics has undergone a painful process of breaking from its past to reverse a slide in its handset business. "We've now gotten to a point where we can secure a baseline profit even if the market stagnates, so long...

  • Asian exports

    U.S. consumers are buying cars and not electronics - which make up about one-third of Asia exports, notes HSBC's Frederic Neumann.

  • Apple unveiling new store design in San Francisco

    The revamped store features trees, an area for live music and a giant 6K screen, powered by 100-percent renewable energy.

  • "In the display area, customers are moving to OLED, particularly in mobile, and that increases our total available market by a factor of three," Chief Executive Gary Dickerson told Reuters. For the third quarter, net sales in the display business, which makes products used to manufacture LCD and OLED screens, are expected be up by 70-90 percent to about $300 million,...

  • "In the display area, customers are moving to OLED, particularly in mobile, and that increases our total available market by a factor of three," Chief Executive Gary Dickerson told Reuters. For the third quarter, net sales in the display business, which makes products used to manufacture LCD and OLED screens, are expected be up by 70-90 percent to about $300 million,...

  • Nokia making comeback after Microsoft sells assets

    Foxconn and HMD Global are buying Microsoft's mobile assets, which means Nokia phones will make a comeback.

  • Apple iPad owners complain about glitchy iOS update

    Users complain about their iPad Pro or iPad Air freezing for up to 30-minutes during the download.

  • SAN FRANCISCO, May 17- Longtime customers dramatically reduced the amount of licensing revenue they paid to use Oracle products after Google stole its copyrighted software to enter the smartphone market, Oracle's co-chief executive Safra Catz told jurors on Tuesday. In a trial at San Francisco federal court, Oracle Corp has claimed Google's Android...