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Google AI beats Chinese master in ancient game of Go

BEIJING A Google artificial intelligence program defeated a Chinese grand master at the ancient board game Go on Tuesday, a major feather in the cap for the firm's AI ambitions as it looks to woo Beijing to gain re-entry into the country.

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Take-Two's full-year revenue forecast hit by delay of 'Red Dead' game

Take-Two Interactive Software Inc on Tuesday forecast full-year revenue well below analysts' estimates as it pushed out the launch of its highly anticipated Western action-adventure "Red Dead" videogame to spring 2018 from fall 2017.

7:28am EDT

Huawei narrows gap with Samsung, Apple in smartphone sales: Gartner

FRANKFURT China's Huawei [HWT.UL] has narrowed the gap with its two biggest competitors Apple Inc. and Samsung Electronics in global smartphone sales, first-quarter data from research firm Gartner showed on Tuesday.

3:45am EDT

China's LeEco to slash U.S. jobs amid global pull-back: source

TAIPEI China's embattled LeEco aims to cut its U.S. workforce to around 60 people from about 500 earlier this year, as the Netflix-to-Tesla-like group streamlines global operations to shake off a cash crunch, a person with knowledge of the plan said.

China 3:30am EDT

Online insurer Fabric launches life coverage for New York parents

Fabric, a web-based insurance agency that promises new parents accidental death coverage in two minutes, opened for business in New York on Tuesday following the state's approval of its key product, the company said.

U.S. 7:04am EDT

Indian digital payments firm Paytm launches niche bank

MUMBAI Indian digital payments firm Paytm, which is backed by Asian technology giants SoftBank Corp and Alibaba Group Holding, launched a niche bank on Tuesday, part of a plan to more than double its customer base to 500 million in the next three years.

4:42am EDT

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