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news
5 biggest takeaways from Samsung's Note 7 battery fire announcement

Five months after releasing the doomed Galaxy Note 7 to much fanfare, Samsung revealed what caused its flagship device to go boom not once, but twice. This was Samsung fulfilling its promise to explain exactly what went wrong with the phone. The level of transparency was unusual for a company accustomed to keeping its processes... >>>

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Yahoo's 4Q shows modest strides amid security breach fallout

Yahoo’s financial performance improved slightly during the fourth quarter while the company dealt with the fallout from massive security breaches that have jeopardized the $4.8 billion sale of its internet operations to Verizon Communications. Yahoo’s financial performance improved slightly during the fourth quarter while the company dealt with the fallout from massive security breaches that... >>>

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Alibaba becomes major Olympics partner

Alibaba, the Chinese e-commerce giant, is joining an elite group of corporate sponsors of the Olympic Games after signing a partnership with the International Olympic Committee (IOC) that will last until at least 2028. Alibaba, the Chinese e-commerce giant, is joining an elite group of corporate sponsors of the Olympic Games after signing a partnership... >>>

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Apple Exploring Two-Step Touch ID and Facial Recognition System for iPhone 8

Noted KGI Securities analyst Ming-Chi Kuo released a research report today in which he outlined further expectations for Apple’s 2017 iPhone, including new biometric identification technology as well as the necessity of a new design to provide better structural support for a flexible OLED display with 3D Touch capability. Noted KGI Securities analyst Ming-Chi Kuo... >>>

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Women's March overwhelms mobile network in DC

Hundreds of thousands of marchers descend on Washington the day after Donald Trump’s inauguration in protest break the wireless internet. Hundreds of thousands of marchers descend on Washington the day after Donald Trump’s inauguration in protest break the wireless... >>>

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Yahoo Says the SEC Is Investigating Its Recent Data Breaches

The U.S. Sec urities and Exchange Commission is investigating a previously disclosed data breach at Yahoo (yhoo), the company said in a filing. The U.S. Sec urities and Exchange Commission is investigating a previously disclosed data breach at Yahoo (yhoo), the company said in a... >>>

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Snapchat refines ad offer

Snapchat continues to develop its advertising offer, with the introduction of new products and greater targeting options which are likely to attract higher levels of spending in the year ahead. Snapchat continues to develop its advertising offer, with the introduction of new products and greater targeting options which are likely to attract higher levels of... >>>

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EU antitrust regulators praise audiobooks deal from Apple, Amazon

Antitrust regulators from the European Union have welcomed an agreement between Apple and Amazon to end exclusivity deals for audiobooks. Antitrust regulators from the European Union have welcomed an agreement between Apple and Amazon to end exclusivity deals for... >>>

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What’s Netflix’s Next Move?

At 93.8 million subscribers, up 19 million for the year, the company has proven that television via the internet is here to stay, but major companies and upstarts have gotten into sending high quality programming over fiber optics. In a quarterly earning interview following the letter, UBS’s Doug Mitchelson asks Netflix CEO Reed Hastings what his endgame is. At 93.8... >>>

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IBM Margins Narrow While It Struggles to End Sales Slide

IBM fourth-quarter sales declined and margins narrowed, indicating that revenue in cloud computing and artificial intelligence hasn’t yet offset acquisition costs and other expenses to move the company into new businesses. IBM fourth-quarter sales declined and margins narrowed, indicating that revenue in cloud computing and artificial intelligence hasn’t yet offset acquisition costs and other expenses... >>>

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Advertising must tackle stereotyping

Gender inequality is pervasive, with outdated stereotypes and social norms holding back change, but advertising can play an important role in helping to shift attitudes and boost business at the same time, new research suggests. Gender inequality is pervasive, with outdated stereotypes and social norms holding back change, but advertising can play an important role... >>>

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Facebook agreed to pay a lot more for Oculus than we realized; here’s why

Facebook CEO Mark Zuckerberg testified in a Dallas court yesterday as part of a lawsuit claiming that Oculus VR, the startup Facebook acquired for roughly $2 billion, was based on stolen technology. Unsurprisingly, Zuckerberg defended Oculus and in the process revealed a number of new details about the negotiations involved in purchasing the company. Among them: that Facebook agreed to pay $700... >>>

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American Airlines is banning carry-on bags and overhead bin use for basic-economy passengers

Flying American Airlines just got a bit more affordable. On Wednesday, the world’s largest airline released details of its upcoming low-cost basic-economy fare class. Flying American Airlines just got a bit more affordable. On Wednesday, the world’s largest airline released details of its upcoming low-cost basic-economy fare... >>>

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Toshiba Posts Steepest Decline Since 1974 on Reported Losses

Toshiba Corp. fell as much as 26 percent, the biggest intraday decline in more than four decades, after a report that the loss in its nuclear business may exceed the 500 billion yen ($4.4 billion) maximum the company had flagged to lenders. Toshiba Corp. fell as much as 26 percent, the biggest intraday decline in... >>>

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UK marketers optimistic on 2017

UK marketing budgets were revised upwards in the fourth quarter of 2016, according to the latest IPA Bellwether Report, which also highlights a positive outlook for the coming year. UK marketing budgets were revised upwards in the fourth quarter of 2016, according to the latest IPA Bellwether Report, which also highlights a positive outlook for... >>>

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Here’s Another Reason For Media Companies to be Wary of Facebook

When it comes to the mainstream media, what Facebook wants is usually what Facebook gets, because it commands the attention of more than 1.5 billion people. And what the giant social network has wanted for some time now is video—lots of it, preferably the live kind, in order to help promote the company’s Facebook Live... >>>

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Toshiba weighs spinoff for core semiconductor unit

Toshiba Corp. said Wednesday it was weighing a spinoff of its profitable semiconductor unit, a plan that could help it raise cash in response to a multibillion-dollar write-down at its nuclear business. Toshiba Corp. said Wednesday it was weighing a spinoff of its profitable semiconductor unit, a plan that could help it raise cash in... >>>

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Seoul court considers arrest of Samsung de facto head

A South Korean court is considering whether to approve the arrest of Samsung Electronics vice chairman Lee Jae-yong, one of the country’s wealthiest business leaders, on charges of bribery and other offenses. A South Korean court is considering whether to approve the arrest of Samsung Electronics vice chairman Lee Jae-yong, one of the country’s wealthiest... >>>

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