Reuters - Technology Report

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Thursday, April 27, 2017

Samsung Elec flags stronger second quarter; Elliott welcomes share cancellation

SEOUL (Reuters) - Samsung Electronics Co Ltd on Thursday flagged stronger earnings and announced a cancellation of treasury shares after posting a solid first-quarter profit boosted by the memory chip business, sending its shares to a new high.

Vietnam says Facebook commits to preventing offensive content

HANOI (Reuters) - Vietnam's government said Facebook has committed to work with it to prevent content that violates the country's laws from appearing on its platform.

Hackers exploited Word flaw for months while Microsoft investigated

SAN FRANCISCO (Reuters) - To understand why it is so difficult to defend computers from even moderately capable hackers, consider the case of the security flaw officially known as CVE-2017-0199.

South Korea's LG Elec reports best quarterly profit in nearly eight years

SEOUL (Reuters) - South Korea's LG Electronics Inc said on Thursday its first-quarter operating profit rose to its highest in nearly eight years on strong sales of home appliances and televisions, with revenue likely to increase in the current quarter.

Nintendo sees Switch console doubling profit, ending 8-year sales slide

OSAKA (Reuters) - Nintendo Co Ltd expects its new Switch console to more than double annual operating profit and end the eight-year sales decline that dogged its previous offering just as players were turning to smartphone gaming.

Canadian police investigate Facebook beating video in murder case

WINNIPEG, Manitoba (Reuters) - Canadian police said on Wednesday they were investigating whether a beating captured on video, reported to have been distributed through social networking site Facebook Inc, may be connected to a young woman's murder.

Didi seeks $6 billion funding, to become China's second-most valuable private firm

HONG KONG/BEIJING (Reuters) - Didi Chuxing, China's top ride-hailing firm, is set to become the country's second-most valuable privately owned company, with a valuation of more than $50 billion, through a fund raising round of up to $6 billion, sources said on Thursday.

Nokia outpaces Ericsson in first quarter as network market recovers

HELSINKI (Reuters) - Finnish telecom networks equipment maker Nokia reported a slowing rate of sales decline on Thursday, saying the global networks market was showing signs of recovery, particularly in North America and India.

U.S. FCC chairman to propose reversing 'net neutrality' rules

WASHINGTON (Reuters) - The head of the U.S. Federal Communications Commission on Wednesday proposed overturning the landmark 2015 Obama-era net neutrality rules that prohibit broadband providers from giving or selling access to certain internet services over others.

Digital ad spend jumps 22 percent to $72.5 billion in 2016: report

(Reuters) - Marketers spent $72.5 billion on digital advertising last year, an increase of 22 percent from 2015, as Google and Facebook once again booked the lion's share of new revenue, a report released by the Interactive Advertising Bureau said on Wednesday.