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Google bolsters artificial intelligence efforts, partners with Oxford

SAN FRANCISCO - Google Inc is expanding its artificial intelligence initiative, hiring more than half a dozen leading academics and experts in the field and announcing a partnership with Oxford University to "accelerate" its efforts.

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Check Point third-quarter profit beats estimates, raises 2014 forecast

TEL AVIV - Network security provider Check Point Software Technologies reported quarterly profit that topped expectations and raised its full-year forecast on strong demand for its threat prevention and other software subscriptions.

Media, Cyber Crime 10:19am EDT

Huawei says third-quarter smartphone shipments jump 26 percent, strong demand for high-end devices

HONG KONG - China's Huawei Technologies Co Ltd said third-quarter smartphone shipments jumped 26 percent year-on-year, doubling devices shipped to the high-margin premium market dominated by Samsung Electronics Co Ltd and Apple Inc.

Media 6:08am EDT

Russia's Yandex brightens 2014 revenue outlook

MOSCOW - Russia's biggest search engine Yandex said on Thursday it expected revenues to rise by 27 to 30 percent this year, compared to its previous forecast for 25-30 percent growth.

6:19am EDT

French mobile market needs mergers, but we won't lead: Orange

PARIS/FRANKFURT - French telecoms operator Orange SA still believes the mobile market needs consolidation, but an executive said on Thursday his company is not prepared to kick-off such a move, three months after it dropped a bid for rival Bouygues SA.

4:39am EDT

Apple CEO says to add 25 stores in China within two years: Sina

BEIJING - Apple Inc Chief Executive Tim Cook said the company is planning to open 25 retail stores in China within the next two years, according to a Chinese transcript of an interview posted by web portal

Media 4:18am EDT

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