Technology News


Sony may consider options for smartphone unit if no profit next year

TOKYO - Sony Corp's chief executive flagged next year as a make-or-break year for its struggling smartphones, saying it could consider other options for the unit if it failed to turn profitable.

Recent Technology News

Japan's Murata sees slowdown in global smartphone market growth

CHIBA, Japan - Global demand for smartphones is likely to slow in the next fiscal year due to weaker demand from the world's biggest market China, the head of Japanese smartphone component maker Murata Manufacturing Co told Reuters on Wednesday.

5:26am EDT

Europe-U.S. data transfer deal used by many firms ruled invalid

BRUSSELS - The EU's highest court struck down a deal that allows thousands of companies to easily transfer personal data from Europe to the United States, in a landmark ruling on Tuesday that follows revelations of mass U.S. government snooping.

06 Oct 2015

Adobe 2016 forecast disappoints, shares slump

- Adobe Systems Inc lowered its profit forecast for 2016 below analyst estimates partly due to a strong dollar, sending its shares down as much as 13 percent in extended trading.

06 Oct 2015

Big U.S. firms hold $2.1 trillion overseas to avoid taxes: study

WASHINGTON - The 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid U.S. taxes and would collectively owe an estimated $620 billion in U.S. taxes if they repatriated the funds, according to a study released on Tuesday. | Video

06 Oct 2015

Etsy doubles down on manufacturing as it faces off with Amazon

SAN FRANCISCO - Etsy Inc, the online store that made its name selling handmade crafts, is trying to stop merchants from defecting as giant rival Inc prepares to attack it on its own ground with a new site for artisanal items called Handmade.

06 Oct 2015