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ChannelReuters: Technology News    
RSS File: http://feeds.reuters.com/reuters/technologyNews
Description: Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
  • Amazon plows ahead with high sales and spending; profit plunges      Fri, 28 Jul 2017 00:53:59 -0400
    (Reuters) - Amazon.com Inc on Thursday reported a jump in retail sales along with a profit slump, as its rapid, costly expansion into new shopping categories and countries showed no sign of slowing.
     
  • Exclusive: Not Made in America - Wal-Mart looks overseas for online vendors      Thu, 27 Jul 2017 16:43:10 -0400
    CHICAGO (Reuters) - Walmart.com, trailing Amazon.com Inc in the number of goods for sale on its website, is recruiting vendors in China and other countries to boost its online offerings in a pivot away from Wal-Mart's Made-in-America campaign.
     
  • China bike-sharing firm Ofo in talks to raise $1 billion, led by SoftBank: sources      Fri, 28 Jul 2017 01:56:26 -0400
    HONG KONG (Reuters) - Chinese startup Ofo is in talks to raise $1 billion in a new funding round led by Japan's SoftBank Group, people familiar with the matter said, in what would be the largest fund-raising in the nation's bike-sharing business.
     
  • Xiaomi gains new $1 billion loan to drive retail push, expansion overseas      Fri, 28 Jul 2017 01:00:41 -0400
    SHANGHAI (Reuters) - Chinese smartphone maker Xiaomi Inc said on Friday it had signed a deal for a new $1 billion loan to accelerate its drive into brick-and-mortar stores and help a push overseas.
     
  • Sharp returns to first quarter profit on Foxconn's cost-cut drive, beats estimates      Fri, 28 Jul 2017 02:20:48 -0400
    TOKYO (Reuters) - Japan's Sharp Corp reported its third consecutive quarter of net profit on Friday, staying on track to achieve its first annual profit in four years following a cost-cutting drive under Taiwanese owner Foxconn.
     
  • Flush times for hackers in booming cyber security job market      Thu, 27 Jul 2017 20:07:49 -0400
    LAS VEGAS (Reuters) - The surge in far-flung and destructive cyber attacks is not good for national security, but for an increasing number of hackers and researchers, it is great for job security.
     
  • GM Cadillac chief outlines plan for fewer sedans, more electrics      Fri, 28 Jul 2017 01:59:43 -0400
    DETROIT (Reuters) - The head of General Motors Co's Cadillac luxury division said on Thursday the brand will shrink its lineup of sedans and expand its offerings of sport utility vehicles and hybrid and electric vehicles in response to market shifts.
     
  • Digital currency start-ups shrug off SEC warning on fund raising      Fri, 28 Jul 2017 00:08:21 -0400
    NEW YORK (Reuters) - Technology companies looking to raise money by issuing digital coins are moving forward with their plans despite a U.S. regulator's decision that their offerings may be subject to tough securities laws.
     
  • China's Baidu profit jumps as focus on mobile, AI narrows      Fri, 28 Jul 2017 00:52:58 -0400
    (Reuters) - Chinese internet search engine provider Baidu Inc has reported a jump in quarterly earnings, recovering from a string of regulatory investigations last year, as sharpened focus on mobile and artificial intelligence (AI) services drives growth.
     
  • Twitter shares tumble as user growth stalls      Thu, 27 Jul 2017 17:21:42 -0400
    (Reuters) - Twitter Inc shares plunged more than 14 percent on Thursday after the social media platform disappointed investors with stagnant monthly active user growth in the second quarter.
     


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