Technology News


Qualcomm president says splitting company may not create value

NEW YORK - Qualcomm Inc's President Derek Aberle, under pressure from activist hedge fund Jana Partners to improve the licensing and chip design firm's stock performance, on Thursday sounded a cautionary note about a potential breakup of the company.

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Samsung to make new smartwatch available to competition

BERLIN - Samsung Electronics said on Thursday it would make its next smartwatch technology available to its competitors who also use Google Inc's mobile platform Android, hoping to increase its share of the market, which is now dominated by Apple Inc .

2:37pm EDT

Asseco Poland to buy Portugal's Exictos for $24 million

WARSAW - Asseco Poland, Eastern Europe's largest software maker, has agreed to buy 61.4 percent of Portugal-based rival Exictos for 21.5 million euros ($24 million), strengthening its position in Africa, Asseco said on Thursday.

Africa 3:12pm EDT

Exclusive: Japan Display CEO hints at strong Apple orders ahead of new iPhone launch

TOKYO - Japan Display Inc's new chief executive said on Thursday the screen maker's "biggest client", widely understood to refer to Apple Inc , is increasing orders ahead of the expected launch of a new iPhone this month.

Japan 7:57am EDT

With abundant energy, Iceland woos power-hungry data centers

COPENHAGEN - As it emerges from financial isolation, Iceland is trying to make a name for itself again, this time in the business of data centers -- warehouses that consume enormous amounts of energy to store the information of 3.2 billion internet users.

2:11pm EDT

Sam's Club jumps into auto sales with TrueCar tie-up

- Sam's Club, the warehouse division of Wal-Mart Stores Inc, has tied up with online car-shopping service TrueCar Inc to make a full-fledged foray into auto sales, a fast-growing business for rival Costco Wholesale Corp.

4:33pm EDT