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Sony's PlayStation 4 sales top 50 million units worldwide

Wed, 07 Dec 2016 08:25:10 -0500

TOKYO (Reuters) - Sony Corp said on Wednesday sales of its PlayStation 4 video game console had exceeded 50 million units as of Dec 6 helped by strong demand during the year-end holiday season.(image)

Merkel ally threatens Facebook with fines over online hate speech

Wed, 07 Dec 2016 08:33:07 -0500

ESSEN, Germany (Reuters) - A senior German conservative has warned Facebook it could face fines if it fails to act faster to tackle online hate speech, and he said the government could propose legislative measures in the new year.(image)

SoftBank's Son pledges $50 billion, Foxconn eyes U.S. expansion as Trump woos Asian firms

Wed, 07 Dec 2016 06:04:16 -0500

NEW YORK (Reuters) - Two of Asia's biggest technology companies said they were looking to expand investment in the United States, as President-elect Donald Trump pushes to bring manufacturing and jobs back home.(image)

From smart toothbrushes to cancer, Philips bets big on software

Wed, 07 Dec 2016 05:22:12 -0500

LONDON (Reuters) - These days the average researcher at Philips is more likely to be a software developer than an product engineer, reflecting a transformation at the former Dutch conglomerate that its chief executive says will gather pace.(image)

S&T CEO says full takeover by Foxconn possible: magazine

Wed, 07 Dec 2016 05:49:44 -0500

FRANKFURT (Reuters) - Taiwan's Foxconn, the world's largest contract electronics manufacturer, could take over Austrian IT group S&T AG, S&T's chief executive told a German magazine.(image)

Sony to release six smartphone games to accelerate mobile drive

Wed, 07 Dec 2016 06:57:22 -0500

TOKYO (Reuters) - Japan's Sony Corp will release as many as six smartphone games in the next financial year, hoping that its own gaming franchises can replicate the success of console rival Nintendo Co's Pokemon GO.(image)

FIS to sell public sector, education unit to Vista Equity for $850 million

Wed, 07 Dec 2016 09:07:07 -0500

(Reuters) - Software maker Fidelity National Information Services Inc (FIS) is to sell its SunGard Public Sector and Education unit to Vista Equity Partners for $850 million to focus on making software for the financial industry.(image)

GoDaddy’s HEG buyout backed with $1.91 billion of loans

Wed, 07 Dec 2016 06:47:14 -0500

LONDON (Reuters) - US-based website domain name provider GoDaddy’s €1.69bn ($1.81 billion) acquisition of peer Host Europe Group will be backed with $1.907bn of loans, the company said.(image)

U.S. Supreme Court backs Samsung in smartphone fight with Apple

Tue, 06 Dec 2016 19:55:11 -0500

(Reuters) - The U.S. Supreme Court on Tuesday sided with Samsung in its big-money smartphone patent fight with Apple, throwing out an appeals court ruling that the South Korean company had to pay a $399 million penalty to its American rival for copying key iPhone designs.(image)

Apple says iPhone 6 battery fires in China likely caused by external factors

Tue, 06 Dec 2016 22:57:48 -0500

BEIJING (Reuters) - Apple Inc said external factors were the likely cause of iPhone 6 battery fires detailed in a Chinese consumer protection report that featured widely in state media earlier this week and created a buzz on social media.(image)