Stocks rose Friday, with Wall Street headed to a fourth week of gains ahead of the long holiday weekend.» Read More
BEIJING, Aug 15- Apple Inc has begun keeping the personal data of some Chinese users on servers in mainland China, marking the first time the tech giant is storing user data on Chinese soil. The data will be kept on servers provided by China Telecom Corp Ltd, the country's third-largest wireless carrier, Apple said in a statement on Friday.
BEIJING, Aug 15- Apple Inc has begun keeping the personal data of some Chinese users on servers in mainland China, marking the first time that the tech giant is storing user data on Chinese soil. The data will be kept on servers provided by China Telecom Corp Ltd, the country's third-largest wireless carrier, Apple said in a statement on Friday.
SAN FRANCISCO, Aug 14- Samsung Electronics Co Ltd will buy SmartThings, a startup backed by PayPal co-founder Max Levchin that helps connect household devices, one of its largest U.S.-startup acquisitions to date.
Cisco's revenue guidance was solid, though EPS was a little light. Gross margins held up. So why the angst?
*Chinese academic took "huge rewards" from Qualcomm- Xinhua. BEIJING, Aug 14- Qualcomm Inc, under investigation for possible monopolistic practices in China, said it had no direct financial links with an antitrust expert sacked from a government advisory post after state media reported he had received payments from the firm.
European companies have lashed out at the Chinese government, saying that they have been subject to "intimidation tactics" by officials.
Cisco's strong quarterly earnings might provide an opportunity for investors, the "Fast Money" traders say.
Facebook is now able to track how ads impact consumer spending across multiple devices, the company said Wednesday.
BEIJING, Aug 13- A Chinese academic who sat on a government anti-monopoly advisory committee has been sacked, official news agency Xinhua reported on Wednesday, saying he had taken payments from U.S. chipmaker Qualcomm Inc..
With Cisco reporting earnings after the bell Wednesday, analysts aren't expecting much good news on its Chinese business.
Asian shares traded mixed on Wednesday as markets shrugged off an uninspiring handover from the U.S., a poor showing of the Japanese economy and key monthly indicators from China.
Sony has sold over 10 million PlayStation 4 (PS4) devices, the company said on Tuesday, landing a major blow to rival Microsoft's Xbox One.
BEIJING, Aug 13- The European Union Chamber of Commerce in China on Wednesday expressed concern over a recent series of antitrust investigations, saying China was using strong-arm tactics and appeared to be unfairly targeting foreign firms.
LOS ANGELES, Aug 12- Steve Ballmer, the former head of Microsoft, completed a $2 billion purchase of the Los Angeles Clippers basketball team on Tuesday, ending an ugly saga involving former owner Donald Sterling who was banned for life over racist remarks.
LOS ANGELES, Aug 12- Steve Ballmer, the former head of Microsoft, has completed his $2 billion purchase of the Los Angeles Clippers basketball team, ending a saga that began when former team owner Donald Sterling was heard making racist remarks to his girlfriend on a tape recording.
The console went on sale in November in the US, Western Europe and Latin America, around the same time that rival Microsoft's Xbox One was released.
SAN FRANCISCO, Aug 12- An Activision Blizzard executive said on Tuesday the company's upcoming "Destiny" shooter game has set a video game industry record as the most pre-ordered new title.
The sale of the Los Angeles Clippers, ensnared for months by legal challenges, is finally official.
SAN FRANCISCO, Aug 12- Sony Corp said on Tuesday that sales of its PlayStation 4 video game console, launched in November, has surpassed 10 million units. The console went on sale on November 29 in the United States, Western Europe and Latin America, around the same time that rival Microsoft Corp's Xbox One was released.
Aug 11- Rackspace Hosting Inc reported better-than-expected quarterly revenue, helped by higher demand for its cloud management services, and it forecast current-quarter revenue above analysts' estimates.