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Tech News
Samsung earns $6.1 billion, shares plunge
SEOUL, South Korea (AP) -- Samsung earned $6.1 billion last quarter but investors were dissatisfied, sending its share price down 4 percent. The panoply of numbers in its earnings report for the April-June quarter show why....
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Panasonic, Tesla to build big US battery plant
TOKYO (AP) -- American electric car maker Tesla Motors Inc. is teaming up with Japanese electronics company Panasonic Corp. to build a battery manufacturing plant in the U.S. expected to create 6,500 jobs....
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Nokia in wireless network deal with Panasonic
HELSINKI (AP) -- Finnish wireless equipment maker Nokia says it has a preliminary agreement to acquire part of the wireless network business of Japan's Panasonic Corp....
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Alcatel loss narrows in 2Q but revenue stagnates
PARIS (AP) -- Telecommunications equipment company Alcatel-Lucent SA says its net loss narrowed in the second quarter thanks to lower accounting charges, while revenue stagnated and restructuring charges mounted....
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Sony surprises with first quarter profit
TOKYO (AP) -- Sony Corp. reported a surprise eightfold jump in quarterly profit Thursday as sales got a perk from a cheap yen and its bottom line was helped by gains from selling buildings and its stake in a video-game maker....
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Facebook's Internet.org expands in Zambia
NEW YORK (AP) -- Facebook's Internet.org project is taking another step toward its goal of bringing the Internet to people who are not yet online with an app launching Thursday in Zambia....
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Probe exposes flaws behind HealthCare.gov rollout
WASHINGTON (AP) -- Management failures by the Obama administration set the stage for computer woes that paralyzed the president's new health care program last fall, nonpartisan investigators said in a report released Wednesday....
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Samsung profit falls as smartphone sales slow
SEOUL, South Korea (AP) -- Samsung Electronics Co. reported a bigger-than-expected fall in second quarter profit on Thursday and said it was uncertain if earnings from its handset business would improve in the current quarter....
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Portland OKs Airbnb-type short-term rentals
PORTLAND, Ore. (AP) -- The Portland City Council voted Wednesday to legalize short-term rentals in single-family homes, giving added legitimacy to rental websites such as Airbnb....
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Processing issue delays bar exam submissions
BUFFALO, N.Y. (AP) -- Law school graduates sweated their way through the second and final day of their bar exams Wednesday, some relieved to see paper and pencil after running into a technical glitch that kept test takers in several states from uploading the first day's answers from their computers....
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