Hardware Electronic Equipment Instruments and Components

  • NEW YORK— A federal appeals court ruled Friday that New York City can track taxi drivers by using their cabs' GPS systems. The Second Circuit Court of Appeals ruling came in the case of cabbie Hassan El-Nahal, who filed a lawsuit in 2013 charging that the tracking system violated his Fourth Amendment protection against unreasonable search and seizure.

  • Aug 26- Troubled smartphone maker BlackBerry Ltd said it would raise about $605 million by selling convertible debentures to shareholder Fairfax Financial Holdings Ltd and other investors. The Canadian company will also redeem on Sept. 2 roughly $1.25 billion worth of outstanding debentures carrying a coupon of 6 percent, it said on Friday.

  • Aug 26- BlackBerry Ltd said on Friday it would raise about $605 million by selling convertible debentures to Fairfax Financial Holdings Ltd and other investors. The Canadian smartphone maker also said it would redeem the roughly $1.25 billion worth of outstanding debentures carrying a 6 percent coupon on Sept. 2. BlackBerry said that if all of the $605 million...

  • *Sees 3rd- qtr profit 53- 58 cents/ shr vs est. The company said it expects to earn 53- 58 cents per share in the third quarter. Analysts on average were expecting a profit of 53 cents, according to Thomson Reuters I/B/E/S.

  • GameStop's second quarter net sales fell to $1.63 billion from $1.76 billion, missing the analysts' average estimate of $1.72 billion, according to Thomson Reuters I/B/E/S. Net income rose to $27.9 million, or 27 cents per share, in the quarter, from $25.3 million, or 24 cents per share, a year earlier. Excluding items, the company earned 27 cents per share, in line with...

  • SINGAPORE, Aug 24- Tencent Holdings Ltd and Samsung Electronics Co Ltd are racing to be crowned Asia's most valuable company as expectations for robust earnings growth push their share prices to record highs. "These companies can grow earnings despite weaker global growth," said Andrew Gillan, head of Asia ex- Japan equities at fund managing firm Henderson...

  • *New phone launched Aug. 19, well-received by critics. SEOUL, Aug 24- Better-than-expected demand for Samsung Electronics Co Ltd's new Galaxy Note 7 is causing supply constraints globally, the South Korean tech giant said on Wednesday, suggesting strong initial sales for the new premium smartphone. Samsung shares were down 2 percent as of 0339 GMT Wednesday...

  • PROVIDENCE, R.I.— Rhode Island has reached a $25.6 million settlement with two of the financial backers it sued over a disastrous deal with former Red Sox pitcher Curt Schilling's 38 Studios video game company. The state's Commerce Corp. announced Tuesday that it has agreed to the proposed settlement with Wells Fargo Securities and Barclays Capital Inc..

  • Aug 23- Best Buy Co Inc reported a much higher-than-expected quarterly profit on strength in health and wearable items like smartwatches, and the largest U.S. electronics retailer raised its earnings outlook, sending its shares up nearly 16 percent. Chief Executive Officer Hubert Joly said he expected mobile phone sales to increase this quarter and next as...

  • DETROIT— Auto parts and electronics company Delphi Automotive is joining with Israeli software maker Mobileye to develop the building blocks for a fully autonomous car in about two years. Delphi and Mobileye plan to build a complete autonomous driving platform that they will sell to automakers worldwide. Delphi already has taken an autonomous Audi on a...

  • *Considering various options including US chip firm deal: Renesas. TOKYO, Aug 22- Japan's Renesas Electronics Corp is in the final stages of negotiations to acquire U.S. chipmaker Intersil Corp for as much as 300 billion yen, an industry source familiar with the deal said on Monday. Intersil could not be reached for comment outside business hours in the United...

  • *Plan could be launched as early as next year. SEOUL/ SINGAPORE, Aug 22- Samsung Electronics Co Ltd plans to launch a program to sell refurbished used versions of its premium smartphones as early as next year, a person with direct knowledge of the matter told Reuters. The world's top smartphone maker will refurbish high-end phones returned to the company by users...

  • *Plan could be launched as early as next year. SEOUL/ SINGAPORE, Aug 22- Samsung Electronics Co Ltd plans to launch a programme to sell refurbished used versions of its premium smartphones as early as next year, a person with direct knowledge of the matter told Reuters. The world's top smartphone maker will refurbish high-end phones returned to the company by users...

  • BERLIN— German video game publisher Goodgame Studios says it is cutting scores of jobs amid declining revenues. The Hamburg- based maker of Goodgame Empire, which has over 1,100 employees, says a "low three-digit number" of positions will be eliminated. Goodgame had revenues of 202 million euros in 2014 but they have steadily declined since.

  • SEOUL, South Korea— Consumers think smartphone makers are releasing too many new models each year, a survey showed Tuesday. The survey conducted in six countries, commissioned by the environmental group Greenpeace, showed that more than half of those who responded would prefer to change their phones less frequently. "Over half of respondents across the...

  • TOKYO, Aug 12- Japan's Nikkei share average rose on Friday to log a robust weekly gain, as records levels hit on Wall Street and a weaker yen lifted sentiment. Markets in Japan were closed on Thursday for a public holiday, with some participants opting to take Friday off as well. Shares of Sharp Corp surged 19.1 percent after Taiwan's Foxconn said China's...

  • TAIPEI, Aug 12- Taiwan stocks rose on Friday as market sentiment was bolstered by a rally on Wall Street overnight, with heavyweight Taiwan Semiconductor Manufacturing Co leading the gains. Hon Hai Precision Industry, the world's biggest electronics component maker, fell as much as 3.6 percent to a three-week intraday low after it said China had approved its...

  • TOKYO, Aug 12- Japan's Nikkei share average rose on Friday, on track for a robust weekly gain, as records on Wall Street and a weaker yen lifted sentiment. Markets in Japan were closed on Thursday for a public holiday, with some participants opting to take Friday off as well. "The Dow reaching a high encourages more buying in the Tokyo stock market," said Hiroki Allen,...

  • *Q1 net loss Y11.8 bln vs Y461 mln year earlier. TOKYO, Aug 9- Japan Display Inc said its biggest investor, the state-backed Innovation Network Corp of Japan, has pledged full financial support to the Apple Inc supplier as it seeks to replenish capital used up as smartphone sales slowed. "We don't have any financing concerns at the moment, but need to procure sizable...

  • SAN FRANCISCO, Aug 9- Top video game companies, caught off-guard by the runaway success of Pokemon Go, are wrestling with how to play catch-up to the augmented reality app that has become a worldwide phenomenon. "Today is not the right moment to release an experience," said Neil Young, chief executive of mobile game developer N3twork Inc and a former group general...