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October, 26, 2016

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Samsung halts sales of Galaxy Note 7 after new troubles
Samsung said Tuesday it is halting sales of the star-crossed Galaxy Note 7 smartphone after a spate of fires involving new devices that were supposed to be safe replacements for recalled models.
Samsung woes deepening over Galaxy Note 7
Samsung Electronics took another hit Monday over its recalled Galaxy Note 7 smartphone, acknowledging it was "adjusting production" of the device after major distributors stopped offering replacements because of continued safety concerns.
Alibaba buys stake in Spielberg company
Chinese internet billionaire Jack Ma has bought a stake in cinema legend Steven Spielberg's company, they said, the latest tie-up between China and Hollywood as they seek to make movies for audiences in the Middle Kingdom and beyond.
An Australian-Chinese consortium has offered to buy Australia's largest cattle empire in a bid welcomed Monday by the Australian agriculture minister.
Major technology firms are racing to infuse smartphones and other internet-linked devices with software smarts that help them think like people.
Germany said Saturday it was still investigating the operation of the autopilot system on cars made by electric automaker Tesla, as German media reported an internal ministerial report called it "dangerous."
Nothing in the farming background of the Guillemot brothers, who hail from the remote Brittany region, destined them to one day do battle with France's most feared corporate raider.
Samsung flags profit jump despite damaging recall
Samsung Electronics on Friday flagged a 5.5-percent rise in operating profits, even as it struggles with a damaging global smartphone recall and a shareholder push to split the family-run conglomerate in two.
Facebook's Oculus to start selling hand controllers
Facebook says it's working to make virtual reality more social as the industry gets more crowded.
China's HNA conglomerate will buy the aircraft leasing business of U.S.-based CIT Group Inc. for US$10 billion, the latest acquisition in the privately held Chinese company's foreign buying binge.
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