tech biz

FBI request for Twitter account data may have overstepped legal guidelines

WASHINGTON - The FBI appeared to go beyond the scope of existing legal guidance in seeking certain kinds of internet records from Twitter as recently as last year, legal experts said, citing two warrantless surveillance orders the social media company published on Friday.

Facebook moves to head off tougher regulation in Germany

BERLIN/MUNICH - Facebook is stepping up efforts to head off tougher regulation by Germany, a fierce critic of the social media network operator, saying on Monday it would do more to combat fake news as its chief operating officer met with officials in Berlin.

Yahoo to be named Altaba, Mayer to leave board after Verizon deal

BENGALURU - Yahoo Inc. said Monday that it would rename itself Altaba Inc. and Chief Executive Officer Marissa Mayer would step down from the board after the closing of its deal with Verizon Communications Inc.

Samsung forecasts Q4 profit at over three-year high

SEOUL - Samsung Electronics Co Ltd said on Friday its fourth-quarter profit likely leapt 50 percent from a year earlier to its highest level in more than three years, beating expectations on strong chip sales and a smartphone rebound.

Apple confirms $1-B investment in SoftBank tech fund

BENGALURU/SAN FRANCISCO - Apple Inc. confirmed on Wednesday its plans to invest $1 billion in a tech fund being set up by Japan's SoftBank Group Corp.

China's Huawei sees slower revenue growth for 2016

China's Huawei Technologies Co Ltd, one of the world's largest telecom equipment makers, said on Friday it expects 2016 revenue growth to slow slightly to 32 percent and forecast greater uncertainties next year.

 

Grab to place cap on ride rates during holidays

Ride-hailing company Grab announced Saturday that it will be placing a cap on the rates of its rides during the holiday season.

WATCH: Facebook's Zuckerberg shows how Jarvis works

Jarvis picks out a fresh gray shirt for Facebook founder Mark Zuckerberg and refuses to play him Nickelback because the band has no good songs.

Samsung mulls holding company move, boosts payout

SEOUL - Tech giant Samsung Electronics Co Ltd said on Tuesday it will consider whether to transition to a holding company structure, a move long expected as the next succession step for the founding Lee family's heirs.

As Samsung moves on from Note 7 crisis, SDI battery affiliate struggles

SEOUL - In the shadows of Samsung Electronics' Note 7 smartphone crisis, affiliate Samsung SDI is quietly reassuring anxious clients including Apple Inc. that its batteries are safe.