Best Buy cuts ties with China’s Huawei: source
LAS VEGAS/HONG KONG (Reuters) – Best Buy Co Inc, the largest U.S. consumer electronics retailer, will cut ties with China’s Huawei Technologies Co Ltd, a person familiar with the matter said, amid heightened scrutiny on Chinese tech firms in the United…
Facebook scandal could push other tech companies to tighten data sharing
SAN FRANCISCO (Reuters) – Big internet companies and small software developers alike are likely to face scrutiny over how they share customer information in the wake of the scandal involving Facebook Inc and the British election consulting firm Cambri…
U.S. retailer Best Buy cuts ties with China’s Huawei: source
LAS VEGAS/HONG KONG (Reuters) – Best Buy Co Inc, the largest U.S. consumer electronics retailer, will cut ties with China’s Huawei Technologies Co Ltd [HWT.UL], a person familiar with the matter said, amid heightened scrutiny on Chinese tech firms in t…
Dollar on defensive after Fed, trade worries hit shares
TOKYO (Reuters) – The U.S. dollar slipped on Thursday after the Federal Reserve did not signal a faster pace of rate hikes this year while worries about a coming announcement on tariffs from U.S. President Donald Trump dented Asian shares.
Best Buy ends relationship with China’s Huawei
(Reuters) – Best Buy Co Inc, the largest U.S. consumer electronics retailer, will stop buying smartphones from Chinese telecom equipment maker Huawei, a source familiar with the matter told Reuters on Wednesday.
Zuckerberg apologizes for Facebook mistakes with user data, vows curbs
SAN FRANCISCO (Reuters) – Facebook Inc Chief Executive Mark Zuckerberg apologized on Wednesday for mistakes his company made in how it handled data belonging to 50 million of its users, and promised tougher steps to restrict developers’ access to such…
Dollar on defensive after Fed, trade worries nag shares
TOKYO (Reuters) – The U.S. dollar was on the defensive on Thursday after posting its largest loss in two months when the Federal Reserve turned out to be less hawkish than anticipated.
Government official says GM Korea finds it hard to share information about global strategies
SEOUL (Reuters) – South Korea’s vice finance minister said on Thursday there is tension between GM Korea and the Korea Development Bank because the U.S. automaker isn’t sharing internal information about the company necessary for the bank to carry out …
Arizona police release video of fatal collision with Uber self-driving SUV
TEMPE, Ariz./SAN FRANCISCO (Reuters) – Police in Arizona on Wednesday released a short video of a fatal collision between an Uber self-driving vehicle and a pedestrian, as investigators probe the accident that has put new focus on the safety of autonom…
Meredith to cut about 1,200 jobs, sell some Time publications
(Reuters) – U.S. media company Meredith Corp said on Wednesday it cut about 200 jobs and would lay off another 1,000 as it streamlines its operations following the completion of its Time Inc acquisition.
