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Innovation

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  • NEW YORK— Samsung is buying mobile-payment startup LoopPay as the Korean phone maker steps up to challenge Apple and its payment system on iPhones. The deal strengthens speculation that Samsung Electronics Co. plans to include mobile-payment technology in its next major phone, which is expected to be announced March 1 at the Mobile World Congress in...

  • Career networking website LinkedIn launches in Arabic Wednesday, 18 Feb 2015 | 10:46 AM ET

    DUBAI, United Arab Emirates— Career networking website LinkedIn has launched an Arabic version targeting the Middle East's majority youth population. Saudi Labor Minister Adel Fakeih, who took part in the launch of the website from neighboring United Arab Emirates on Wednesday, says the portal will help the government reach out to Saudis seeking jobs.

  • These companies started in a garage  Wednesday, 18 Feb 2015 | 8:45 AM ET

    Fortune contributor Colleen Kane provides insight to unusual start-up origin stories.

  • *China raises initial 2015 oil product export quotas by 20 pct. China controls oil product exports through quotas to state-run refiners after assessing domestic needs. This year Sinopec Corp, CNOOC Ltd and PetroChina were given an oil product export quota of 9.75 million tonnes, up about 20 percent from the initial limit set for 2014, industry sources with...

  • SAN FRANCISCO, Feb 16- The U.S. National Security Agency has figured out how to hide spying software deep within hard drives made by Western Digital, Seagate, Toshiba and other top manufacturers, giving the agency the means to eavesdrop on the majority of the world's computers, according to cyber researchers and former operatives. That long-sought and closely...

  • SAN FRANCISCO, Feb 16- The U.S. National Security Agency has figured out how to hide spying software deep within hard drives made by Western Digital, Seagate, Toshiba and other top manufacturers, giving the agency the means to eavesdrop on the majority of the world's computers, according to cyber researchers and former operatives. That long-sought and closely...

  • *Fanuc to spend $844 million on new plant. TOKYO, Feb 16- Japanese industrial robot maker Fanuc Corp on Monday said it would double its planned investment in a new factory, a week after hedge fund Third Point called on the firm to use its cash pile to boost shareholder returns by buying back shares. The cash-rich company said its decision to spend 100 billion yen on...

  • How Warby Parker is making eyeglasses cool again Sunday, 15 Feb 2015 | 3:00 PM ET

    When many think about innovation, big tech names may come to mind. However, Warby Parker is stealing a march on them.

  • Taking on Amazon  Friday, 13 Feb 2015 | 12:37 PM ET

    Marc Lore, Jet founder and CEO, has his eyes on disrupting the Amazon business model.

  • Bond... with robots the new old way  Friday, 13 Feb 2015 | 6:47 AM ET

    Sonny Caberwal, Bond founder & CEO, explains how people can regain the power of handwritten notes by using high-tech handwriting robots.

  • Inside Celgene's ecosystem : CEO  Friday, 13 Feb 2015 | 6:33 AM ET

    Robert Hugin, Celgene chairman & CEO, discusses his company's outlook, pipeline, and breakthrough treatments for cancer and other diseases.

  • From school in the late 1970 s and 1980 s, when only elite students gained entry into China's few biochemistry and molecular biology programs, they left China, graduated and worked their way up to senior positions in the world's top pharmaceutical companies. For decades, China tried to woo them home, but they were reluctant to return to a cloistered, politicized...

  • SEOUL, Feb 12- The Seoul city government said on Thursday that it planned to launch a premium taxi service in August to rival online ride-service provider Uber, adding to the challenges to the U.S. company's expansion plans in Asia's fourth-biggest economy. Uber, a tech-industry darling worth at least $41 billion, is battling bans in South Korea, India, France and...

  • Tech company wants to help hospitals save millions  Wednesday, 11 Feb 2015 | 11:50 AM ET

    Mark Slaughter, Cohealo Inc. founder and CEO, explains how his company is helping hospitals share underutilized medical equipment.

  • Why businesses should capitalize on innovation  Wednesday, 11 Feb 2015 | 5:30 AM ET

    Does innovation really deliver for investors? Mark Payne, author of "How to Kill a Unicorn," says that innovation is a prominent component affecting how a company is perceived - big or small.

  • NEW DELHI, Feb 11- Uber Technologies Inc. added on Wednesday a panic button and tracking features to its taxi hailing app in India after the U.S.-based company was banned in New Delhi last year over rape allegations against one of its drivers. Uber's India app now has a "send status" feature to enable passengers to share ride details with their contacts in real time.

  • Fast Company's top innovative biz  Tuesday, 10 Feb 2015 | 8:56 AM ET

    Robert Safian, Fast Company editor, reveals its top picks for the world's most innovative companies.

  • *Alcatel-Lucent, Cisco join as strategic partners. TEL AVIV, Feb 10- Team8, an Israeli venture capital fund focused on the cyber-security industry, said on Tuesday it had raised $18 million in its first round of funding, including investment from Alcatel-Lucent and Cisco. Also participating in the round were Bessemer Venture Partners, Marker LLC and Innovation...

  • Driverless car technology coming fast  Monday, 9 Feb 2015 | 1:55 PM ET

    CNBC's Phil LeBeau explains whether autonomous cars could really decrease auto sales.

  • Taking 3-D 'on the road'  Monday, 9 Feb 2015 | 7:46 AM ET

    Cheryl Martin, acting director of Advanced Research Projects Agency-Energy, discusses innovation in automobile technology and how the energy industry is funding the venture.