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América Móvil Registers Fourth-Quarter Net Loss

Tue, 13 Feb 2018 18:43:13 EST

Mexican telecommunications heavyweight América Móvil SAB registered a second straight net loss in the fourth quarter on an increase in financial costs and foreign exchange-related declines in revenue.

U.K. Says Russia Behind Cyberattack That Crippled Global Firms

Thu, 15 Feb 2018 08:53:36 EST

British officials blamed Russia for last June’s massive “Petya” cyberattack, which crippled computer networks at multinational firms including FedEx, container-ship giant A.P. Moeller-Maersk and pharmaceutical firm Merck & Co.

White House Blames Russia For Massive 2017 Cyberattack

Fri, 16 Feb 2018 09:04:56 EST

The White House blamed Russia for a massive cyberattack last year that crippled computer networks at multinational firms worldwide, vowing the hack would be met with “international consequences.”

Roche to Acquire Healthcare-Software Company Flatiron for $1.9 Billion

Thu, 15 Feb 2018 17:14:43 EST

Swiss pharmaceuticals giant Roche Holding S.A. agreed to buy the shares of oncology software company Flatiron Health Inc. that it doesn’t already own for $1.9 billion, increasing its capabilities in cancer medicines.

Amazon Hospital-Supply Push Marks Its Latest Move Into Health Care

Tue, 13 Feb 2018 22:45:16 EST

Amazon is pushing to turn its nascent medical-supplies business into a major supplier to U.S. hospitals and outpatient clinics that could compete with incumbent distributors of items from gauze to hip implants.

AT&T Focuses on DOJ Official in Time Warner Trial

Thu, 15 Feb 2018 05:49:22 EST

AT&T is considering an unusual bid to seek testimony from the Justice Department’s antitrust chief in the coming trial over its $85 billion purchase of Time Warner, part of the companies’ effort to challenge the legitimacy of the government’s lawsuit.

Like Peter Thiel, Tech Workers Feel Alienated by Silicon Valley 'Echo Chamber'

Sun, 18 Feb 2018 19:28:27 EST

Billionaire venture capitalist Peter Thiel has said he plans to leave Silicon Valley in part because of its perceived cultural uniformity, joining other investors who have defected from the nation’s high-tech cradle.

The Man Who Bets Tencent's 'Moonshot' Money

Thu, 08 Feb 2018 10:21:41 EST

Chinese internet giant Tencent says it wants to improve the world through technology. David Wallerstein, its chief exploration officer, is on it.

Netflix Signs Producer Ryan Murphy to Multimillion-Dollar Deal

Wed, 14 Feb 2018 01:30:50 EST

In the latest sign of the escalating battle for talent in Hollywood, Netflix signed producer Ryan Murphy to a multiyear deal to create content exclusively for the streaming service.

Florida Shooter: When Social Media Foretells a Mass Shooting

Fri, 16 Feb 2018 15:30:55 EST

Disturbing social-media posts apparently made by Nikolas Cruz before a deadly shooting spree have rekindled questions about what responsibilities and capabilities technology companies and law-enforcement authorities have for detecting threats among the billions of words, images and videos online.

Not Just Rockets? SpaceX Gets Boost for Internet SatelliteVenture

Thu, 15 Feb 2018 06:57:13 EST

A top U.S. regulator recommended approving SpaceX’s plan to provide internet service through satellites, a move that could expand broadband availability across the U.S. and beyond.

The Corporate Giant Lurking Behind the Winter Olympics

Fri, 09 Feb 2018 23:26:02 EST

Lee Kun-hee, Samsung’s chairman and an Olympics bigwig, got out of prison just in time to launch a global lobbying campaign to secure the 2018 Winter Games for South Korea. The company is now ubiquitous.

Are You a Bad Parent If You Rely On Parenting Tech?

Fri, 16 Feb 2018 17:28:27 EST

Anxious to raise their kids the ‘natural’ way, many parents shun innovative gadgets that might make life easier. But some tech can be your ally, argues one new mom.

House Backs Bill That Would Benefit Fintech Partnerships With Banks

Thu, 15 Feb 2018 10:22:08 EST

The House approved a bill that would make the resale of high-interest loans more attractive to third-party buyers such as debt collectors—and bolster fintech firms’ partnerships with banks.

The New Robot Revolution in Manufacturing

Fri, 02 Feb 2018 11:05:24 EST

Hundreds of millions of jobs affected. Trillions of dollars of wealth created. These are the potential impacts of a coming wave of automation. We traveled to Asia to see the next generation of industrial robots, what they’re capable of, and whether they’re friend or foe to low-skilled workers.

Cisco to Bring $67 Billion to U.S. After New Tax Law

Thu, 15 Feb 2018 00:46:31 EST

Cisco Systems plans to bring $67 billion of its foreign cash holdings to the U.S. this quarter following recent changes to U.S. tax law, in one of the largest repatriation plans yet revealed.

Publishers Warm to Google's Ad Blocker, but Chafe at Company's Power

Fri, 16 Feb 2018 00:26:10 EST

Publishers are greeting the launch of Google’s ad blocker with a mixture of relief and unease, pleased that it is purging intrusive ads but worried over the internet giant’s power to quickly overhaul the industry.

Cisco Switches Back On

Wed, 14 Feb 2018 18:07:58 EST

The network giant’s old businesses help revive growth.

As Online Schools Expand, So Do Questions About Their Performance

Fri, 09 Feb 2018 11:26:48 EST

After years of steady growth, virtual schools are experiencing a blip as some states attempt to claw back public funds, citing student inactivity online, or force schools to close due to habitual poor performance.

Baidu Bounces Back as Ad Revenue Rebounds

Wed, 14 Feb 2018 10:32:13 EST

Chinese search giant Baidu is clawing its way back from a challenging year on the strength of advertising and its move to pare down its noncore businesses.

Uber Bucks Its Challenges to Notch Gains in Ridership and Revenue

Wed, 14 Feb 2018 15:44:08 EST

Uber continued to boost ridership and revenue throughout last year, despite a punishing stretch that included a sexual harassment scandal, the resignation of its longtime chief and a blockbuster lawsuit from its primary rival in self-driving vehicles.

Judge Is Asked to Disallow Trump Bias Claims in AT&T Merger Trial

Fri, 16 Feb 2018 19:18:55 EST

The Justice Department asked a federal judge not to allow AT&T Inc.’s defense of its proposed acquisition of Time Warner Inc. to include a claim that the Trump administration improperly challenged the deal for political reasons.

NXP Deal Is Likely Qualcomm's Best Defense Against Broadcom

Wed, 14 Feb 2018 00:05:11 EST

In Qualcomm’s quest to avoid being swallowed by Broadcom, its best bet to remain independent may be completing its own giant acquisition. But it is running out of time.

Google Tests System to Help Locate 911 Callers

Thu, 15 Feb 2018 12:34:29 EST

Alphabet Inc.’s Google tested of new technology in 50 U.S. 911 call centers aimed at making it easier for dispatchers to determine cellphone callers’ locations, and participants said the results were promising.

How 'Fortnite' Defied Convention and Became a Hit

Sat, 17 Feb 2018 18:12:50 EST

“Fortnite” wasn’t a big hit when it first came out as a $40 game. To attract players, Epic Games made an unusual decision: create a free version.

For Tech Giants, Halting Russian Meddling Won't Be Easy

Sun, 18 Feb 2018 19:43:01 EST

The U.S. indictment handed down against three Russian companies and 13 individuals suggests it won’t be easy to stop any aggressive influence campaign in the run-up to the midterm election in less than nine months.

Xerox Defends Fujifilm Deal After Icahn Criticism

Tue, 13 Feb 2018 15:34:53 EST

Xerox defended its deal with Fujifilm in a letter to shareholders a day after activist investor Carl Icahn said he would vote against the merger.

Victoria's Secret Boss Bets on a Radical Idea: Smartphones Will Fade

Wed, 07 Feb 2018 15:36:31 EST

Leslie Wexner, an icon of 20th-century retailing, is the last man standing from a generation of merchants who brought fashion to the masses.

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