Technology News


Top EU court says U.S.-EU data transfer deal is invalid

BRUSSELS/LUXEMBOURG - A system enabling data transfers from the European Union to the United States by thousands of companies is invalid, the highest European Union court said on Tuesday in a landmark ruling that will leave firms scrambling to find alternative measures.

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Toyota says aims to commercialize semi-autonomous cars around 2020

TOKYO - Toyota Motor Corp said it would aim to bring to market cars that can autonomously change lanes, merge with traffic, and overtake other vehicles on highways by around 2020 as it aims to catch up in the nascent field of self-driving cars.

3:03am EDT

Samsung Electronics struggles to find fix for smartphone woes

SEOUL - More than a year into the overhaul of its smartphone lineup, Samsung Electronics Co Ltd has yet to find a way to reverse a slide in market share or margins, clouding its growth outlook and fuelling investor impatience.

2:06am EDT

Card payments boom across the world, led by Finland

LONDON - Payments made with debit and credit cards and other non-cash methods jumped 9 percent last year to 390 billion transactions, according to a study published on Tuesday.

Money 2:33am EDT

Bouygues Telecom eyes higher profitability, sales

PARIS - Bouygues Telecom, France's third-largest mobile operator, said on Tuesday it aimed to improve its profit margins and sales in the coming years as it seeks to defend its standalone strategy.

4:04am EDT

Playtech to challenge Irish central bank decision on Ava Trade deal

- Gaming technology company Playtech Plc said it intended to challenge a Central Bank of Ireland (CBI) decision opposing its $105-million acquisition of Ava Trade.

Ireland 3:14am EDT