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Samsung Elec flags stronger earnings from chips, phones after first quarter jump

SEOUL Samsung Electronics Co Ltd on Thursday flagged stronger earnings and announced a cancellation of treasury shares after posting a solid first-quarter profit boosted by the memory chip business, sending its shares to a new high.

Recent Technology News

Twitter posts strong user growth, shares soar

Shares of Twitter Inc jumped on Wednesday after the microblogging service reported better-than-expected user growth in the first quarter, although its revenue fell for the first time. | Video

Twitter Apr 26 2017

Digital ad spend jumps 22 percent to $72.5 billion in 2016: report

Marketers spent $72.5 billion on digital advertising last year, an increase of 22 percent from 2015, as Google and Facebook once again booked the lion's share of new revenue, a report released by the Interactive Advertising Bureau said on Wednesday.

Facebook Apr 26 2017

Tesla hikes pay to quell unrest at key German supplier

PRUEM, Germany Luxury electric carmaker Tesla offered pay rises and job guarantees to defuse labor tensions at a key German supplier, whose founder and chief executive left the company late last month, German labor officials said on Wednesday.

Apr 26 2017

Canadian police investigate Facebook beating video in murder case

WINNIPEG, Manitoba Canadian police said on Wednesday they were investigating whether a beating captured on video, reported to have been distributed through social networking site Facebook Inc, may be connected to a young woman's murder.

Facebook, World Apr 26 2017

Uber driver charged with raping California woman in car

LOS ANGELES An Uber driver accused by prosecutors of having sexually assaulted a female passenger after she sought a ride home from a gathering in the upscale seaside city of Newport Beach, California, was charged with rape on Wednesday.

U.S., Apr 26 2017

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