Google’s G Suite is no Microsoft killer, but still winning converts
SAN FRANCISCO (Reuters) – Alphabet Inc’s Google has struggled for years to get big businesses to embrace G Suite, its hip alternative to Microsoft Office.
Exclusive: With Roman law doctrine, India moves to stub out tobacco industry rights
NEW DELHI (Reuters) – The Indian government is pushing the Supreme Court to apply a rarely used doctrine that would strip the $11 billion tobacco industry’s legal right to trade, an effort aimed at deterring tobacco companies from challenging tough new…
Alibaba-backed online lender MYbank owes cost-savings to home-made tech
HANGZHOU, China (Reuters) – It has no physical branches or expensive foreign software, and uses cloud technology to cut back on the hardware it needs to serve borrowers.
Facebook forecasts rising ad sales despite dip in usage
(Reuters) – Facebook Inc offered reassurances to investors on Wednesday that its digital ad business would remain highly profitable, despite a dip in usage on the social media network and an overhaul of its flagship News Feed.
University of Iowa removing Steve Wynn’s name amid misconduct claims
(Reuters) – The University of Iowa is removing Las Vegas casino magnate Steve Wynn’s name from a vision research institute amid sexual misconduct accusations against him, the university said on Wednesday.
With Samsung deal, Qualcomm doubles down on licensing practices
(Reuters) – Qualcomm Inc on Wednesday aimed to show shareholders that its licensing practices still have a future after having come under scrutiny from antitrust regulators around the world as well as from major customer Apple Inc.
Top Goldman executive says women still not adequately represented in its workforce
NEW YORK (Reuters) – Despite making some progress in recent years, Goldman Sachs Group Inc has not raised the proportion of women in its workforce to an adequate level, especially in senior management, one of its top executives said on Wednesday.
Asian shares bounce back, but rising U.S. yields pose risks
TOKYO (Reuters) – Asian shares eked out modest gains on Thursday, clawing back sharp losses from earlier this week, however, rising U.S. bond yields and interest rates could dampen investors’ optimism toward the global economic outlook.
Two U.S. lawmakers voice concerns over Philip Morris tobacco trials
WASHINGTON (Reuters) – Two Democratic U.S. senators said they have fresh concerns over clinical trials conducted by Philip Morris International Inc as it seeks U.S. clearance to market its iQOS electronic tobacco product as less risky than cigarettes, …
Qualcomm profit beats estimates but weak China mobile sales weigh on outlook
(Reuters) – Chipmaker Qualcomm Inc’s profit and revenue beat expectations as demand surged for its chips used in smartphones and cars, but an earnings forecast for the current quarter fell below analysts’ estimates due to tepid mobile sales in China.
