Netflix needs lower prices to woo India

BANGALORE (Reuters) – Netflix Inc’s (NFLX.O) Indian operation drew attention in a surge of international subscribers in the third quarter, but it faces fierce competition and a difficult cultural conundrum to make inroads with the country’s more than one billion TV viewers. FILE PHOTO: Traffic moves on a road past hoardings of Netflix’s More...

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By admin On Thursday, October 18th, 2018
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TSMC sees modest fourth quarter revenue growth, shrugs off trade war impact

TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co (TSMC) (2330.TW) offered a modest fourth-quarter revenue growth outlook, predicting weaker sales of high-performance computers for cryptocurrency More...

By admin On Thursday, October 18th, 2018
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‘Enough excuses!’ France’s Le Maire grows impatient over GAFA tax

PARIS (Reuters) – Europe has talked long enough about whether to make internet giants like Google (GOOGL.O), Apple (AAPL.O) and Facebook (FB.O) pay more taxes and it is time for a decision, French Finance More...

By admin On Thursday, October 18th, 2018
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France’s OVH to triple spending to take on Google, Amazon in cloud computing

PARIS (Reuters) – French cloud computing company OVH plans to triple investment in the coming years to take on U.S. Internet giants Amazon and Alphabet’s Google in this fast-growing sector. The More...

By admin On Thursday, October 18th, 2018
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China robot market growth to slump this year as trade war weighs

TOKYO (Reuters) – Sales of industrial robots in China, the world’s biggest market, will grow this year at only about a third of last year as an escalating Sino-U.S. trade war hits spending on equipment, More...

By admin On Thursday, October 18th, 2018
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South Korea’s taxi drivers protest against plans for carpool service

SEOUL (Reuters) – Tens of thousands of South Korean taxi-drivers held a massive rally on Thursday in Seoul, the capital, saying a carpooling service planned by the operator of the country’s top chat More...

By admin On Thursday, October 18th, 2018
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TSMC third-quarter profit down 0.9 percent, in line with market forecasts

TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd (TSMC) (2330.TW) (TSM.N), the world’s largest contract chipmaker, said on Thursday third-quarter net profit fell 0.9 percent. FILE PHOTO: More...

By admin On Thursday, October 18th, 2018
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Mideast ride-hailing app Careem secures $200 million new funding

DUBAI (Reuters) – Middle East ride-hailing company Careem said on Thursday it had secured $200 million in new funding from existing investors, including from Saudi Arabian billionaire Prince Alwaleed bin More...

By admin On Thursday, October 18th, 2018
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IT repairman seeks home for Apple collection, possibly world’s largest

VIENNA (Reuters) – An Austrian computer repairman has amassed what he believes could be the world’s biggest collection of old Apple computers, but it might all soon be destroyed unless someone can take More...

By admin On Thursday, October 18th, 2018
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Apple gives U.S. users tool to see what data it has collected

(Reuters) – Apple Inc (AAPL.O) on Wednesday rolled out an online tool to users in the United States and several other countries to download, change or delete all the data that the iPhone maker has collected More...