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Samsung launches Galaxy S8 and dreams of recovery from Note 7

SEOUL/NEW YORK - Samsung Electronics Co Ltd unveiled its Galaxy S8 flagship smartphone as it battles to regain the market leadership it lost to Apple Inc after the embarrassing withdrawal of the fire-prone Note 7s. | Video

Recent Technology News

Amazon sets mass layoffs at Quidsi products unit after losses

Amazon.com Inc plans mass layoffs at its money-losing parenting products subsidiary Quidsi as part of a business restructuring, the company said in a document filed with the state of New Jersey on Wednesday. The e-commerce giant plans to terminate 263 employees in New Jersey this summer, according to a notice filed with the state's Department of Labor and Workforce Development.

4:53pm EDT

U.S. agency moves to shake up government-subsidized telecom program

WASHINGTON The U.S. Federal Communications Commission plans to reverse an Obama era decision that allowed it to approve companies to offer government-subsidized telecommunications services to low-income families, the agency's Republican head said on Wednesday.

2:25pm EDT

Top EU court to weigh in on luxury brands' attempts to ban online sales

BRUSSELS Europe's top court will begin a landmark case on Thursday which could determine whether luxury goods companies can stop retailers from selling their products via marketplaces such as Amazon or eBay.

12:22pm EDT

Audi's unions demand electric model for main German plant

BERLIN Labor leaders at Volkswagen's luxury Audi brand have asked top management to assign production of an all-electric model to the carmaker's main plant in Germany, concerned they might lose out as electric cars gain in importance.

Germany 10:07am EDT

Turkish court halts activities of Booking.com over breach of competition law: association

ANKARA A Turkish court halted the activities of online travel agent Booking.com in a court case alleging the website had violated Turkish competition law, the Association of Turkish Travel Agencies (TURSAB) said on Wednesday.

10:00am EDT

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