Top News & Analysis California

  • June 26- A U.S. jury on Wednesday cleared California semiconductor designer CNEX Labs Inc of stealing trade secrets from Chinese electronics giant Huawei Technologies Co Ltd while awarding CNEX no damages on its own trade theft claims. Huawei had sued CNEX in U.S. District Court in Sherman, Texas, for misappropriation of trade secrets involving a memory...

  • June 26- A U.S. jury on Wednesday cleared California semiconductor designer CNEX Labs Inc of stealing trade secrets from Chinese electronics giant Huawei Technologies Co Ltd while awarding CNEX no damages on its own trade theft counter claims. Huawei had sued CNEX in U.S. District Court in Sherman, Texas, for misappropriation of trade secrets involving a...

  • June 26- A U.S. jury on Wednesday cleared California semiconductor designer CNEX Labs Inc of stealing trade secrets from Chinese electronics giant Huawei Technologies. Huawei had sued CNEX in U.S. District Court in Sherman, Texas, for misappropriation of trade secrets involving a memory control technology and for poaching its employees.

  • NEW YORK/ SAN FRANCISCO/ WASHINGTON, June 26- U.S. Trump's renewed criticism of Powell for not lowering interest rates to help the United States compete against China, delivered in an interview on Fox Business Network, was the latest in a series of attacks that started only months after Trump made him Fed chief in early 2018.. But the White House could try to make a...

  • SAN FRANCISCO, June 26- Bright Machines, a startup founded by a group of software and manufacturing executives, on Wednesday released its latest "microfactories" designed to automate the assembly of electronics. Founded by Autodesk Inc and Flex Ltd veterans, the San Francisco- based startup raised $179 million last year and now has 400 employees.

  • NEW YORK/ SAN FRANCISCO/ WASHINGTON, June 26- U.S. Trump's renewed criticism of Powell for not lowering interest rates to help the United States compete against China, delivered in an interview on Fox Business Network, was the latest in a series of attacks that started only months after Trump made him Fed chief in early 2018.. But the White House could try to make a...

  • WASHINGTON, June 26- Canada and the state of California on Wednesday said they had signed a memorandum of understanding to advance cleaner vehicles and fuels. The most populous U.S. state and Canada said they will work together "to accelerate the adoption of zero-emission vehicles like electric cars" and share technical information and best practices in...

  • CANADA, CALIFORNIA SIGN MEMORANDUM OF UNDERSTANDING TO ADVANCE CLEANER VEHICLES, FUELS-- CALIFORNIA STATEMENT.

  • June 26- Canada's BlackBerry Ltd on Wednesday reported lower-than-expected sales for its biggest business, hurt by weak demand for its security software from firms and government agencies, sending its shares down as much as 10%. But revenue from its Internet of Things business, which houses its enterprise software and technology solutions, rose only 5% to...

  • SAN FRANCISCO, June 26- Bright Machines, a startup founded by a group of software and manufacturing executives, on Wednesday released its latest "microfactories" designed to automate the assembly of electronics. Founded by Autodesk Inc and Flex Ltd veterans, the San Francisco- based startup raised $179 million last year. Hanspal, formerly co-CEO of Autodesk, told...

  • June 26- Canadian software maker BlackBerry Ltd on Wednesday beat analysts' expectations for quarterly revenue, as it benefited from its recent $1.4 billion bet on cybersecurity firm Cylance. In the first quarter, adjusted revenue from Cylance was $51 million, above the average analyst estimate of $48.8 million. The company's net loss narrowed to $35 million,...

  • June 25- Micron Technology Inc said it had resumed some microchip shipments to Huawei Technologies Co Ltd and still expects demand for its chips to recover later this year, sending shares up as much as 10% late on Tuesday. Micron Chief Executive Sanjay Mehrotra said the Idaho- based maker of chips for smartphones and other devices resumed shipping some chips in...

  • June 25- Drugmaker AbbVie Inc said on Tuesday it would acquire Allergan Plc for about $63 billion, giving AbbVie control over the lucrative wrinkle treatment Botox and buying time to seek new growth before its blockbuster arthritis treatment Humira loses U.S. patent protection. But it now faces competition from cheaper versions in Europe and a 2023...

  • June 25- Micron Technology Inc shares rose as much as 10% on Tuesday as the memory chip maker said it had resumed some shipments to Huawei Technologies Co Ltd and still expected demand for its chips to recover later this year. Chief Executive Sanjay Mehrotra said the Idaho- based maker of chips for smartphones and other devices resumed shipping some chips in the...

  • June 25- Walt Disney Co said on Tuesday it had hired a top executive in Netflix Inc's original film division, Matt Brodlie, to lead international content development for its upcoming family-oriented streaming service called Disney+. In recent years, Netflix had been luring away high-profile executives from rivals and was earlier sued by Twentieth Century Fox...

  • June 25- San Francisco will become the first major city in the United States to ban the sale of e-cigarettes as officials look to control the rapid uptick in teenage use of nicotine devices made by companies such as Juul Labs Inc.. Juul, which is based in San Francisco and has grown to be the dominant e-cigarette maker in the United States, has been at the center of the...

  • SAN FRANCISCO BOARD OF SUPERVISORS VOTE TO BAN SALE OF TOBACCO PRODUCTS ON CITY PROPERTY.

  • SAN FRANCISCO BOARD OF SUPERVISORS VOTE TO BAN SALE OF E-CIGARETTES IN CITY.

  • June 25- Drugmaker AbbVie Inc said on Tuesday it would acquire Allergan Plc for about $63 billion, giving AbbVie control over the lucrative wrinkle treatment Botox and buying time to seek new growth before its blockbuster arthritis treatment Humira loses U.S. patent protection. But it now faces competition from cheaper versions in Europe and a 2023...

  • June 25- Lennar Corp forecast current-quarter earnings below Wall Street estimates on Tuesday, as wealthy Chinese buyers shun buying homes in the United States due to uncertainty triggered by an escalating trade row between the countries. Order value in Lennar's west region, which includes Arizona, California, Colorado, Nevada, Oregon and Washington, fell...