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Friday, June 12, 2015
Fitness tracker maker Jawbone has filed its second lawsuit in two weeks against competitor Fitbit.
Thursday, June 11, 2015
Shares of Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) moved higher Wednesday morning as investors were encouraged by a positive forecast made by TSMC Chairman Morris Chang (張忠謀) about the world's largest contract chip-maker's outlook, dealers said.
Intel is launching a US$125 million investment fund for technology startups led by women and minorities, a move the chipmaker says is aimed at changing the face of Silicon Valley.
McDonald's adds former Obama adviser Gibbs to executive team
McDonald's has named former White House press secretary Robert Gibbs as its global chief communications officer, as the fast-food giant looks to improve its image.
Musk says Model X SUV will be delivered in 3-4 months
Tesla Motors CEO Elon Musk said Tuesday that the company expects to start deliveries of its new SUV, the Model X, in three or four months.
Wednesday, June 10, 2015
HSBC slashes jobs as it shifts focus further to Asian roots
HSBC Holdings, Europe's largest bank by market value, will cut up to 25,000 jobs globally to reduce costs and shift its center of gravity further toward the fast-growing Asian economies where it started operations 150 years ago.
Advanced Semiconductor Engineering Inc.'s (ASE, 日月光) consolidated revenues in May -- the highest monthly figure for the year -- hit a new record compared with the same period over past years.
Shares of Taiwan-based smartphone vendor HTC Corp. took a beating to fall below NT$80 (US$2.58) Tuesday morning, extending losses from a session earlier.
Apple makes upgrades, pushes into streaming music
Apple announced a major new foray into streaming music on Monday as it showed off a host of new software features for its iPhones, iPads and Mac computers.
Tuesday, June 9, 2015
HSBC to cut global headcount by up to 50,000
Scandal-hit bank HSBC said Tuesday it would cut its global headcount by up to 50,000 as part of a restructuring that entails its withdrawal from Brazil and Turkey, while it also mulls abandoning London as its HQ.
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