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September, 29, 2016

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Business > Company Focus
Samsung said Monday it is investigating reports that two Galaxy Note 7 smartphones caught fire in China, where the company previously said all phones for sale were safe and didn't need to be included in a global recall.
 
Within five years, a majority of ride-hailing company Lyft's rides will be in self-driving cars, the company's co-founder and president predicted on Sunday.
 
Who's driving the regulation?
In this July 15 photo, a double-decker tour bus drives by an Audi self-driving vehicle parked on Pennsylvania Avenue, near the Capitol in Washington.
 
German chemicals giant Bayer said Tuesday it had increased its earnings and profits forecasts after signing a deal to take over U.S. seeds and pesticides maker Monsanto.
 
Samsung Taiwan on Monday started to accept replacement reservations from local users for its brand-new top-end Galaxy Note 7 smartphone, with replacements to be launched on Friday, Sept. 23, according to a press release issued by the company.
 
Samsung Electronics said Sunday it had sold shares it held in four technology companies including U.S. chip-maker Rambus and Japan's Sharp to free up money and focus on its main business.
 
Chipotle exec back on job after cocaine possession charges
Chipotle says its top marketing executive is back on the job, after being placed on leave this summer as a result of drug possession charges.
 
IPhone 7 sales begin amid a supply shortage
Apple's iPhone 7 launch generated trademark queues and brisk sales Friday that defied gloomy expectations, with some enthusiasts left empty-handed after lining up for hours as the company announced some models had sold out.
 
Lines form as iPhone 7 sales begin in Taiwan
Thousands of consumers lined up in front of authorized Apple resellers to purchase an iPhone 7 as sales began in Taiwan on Friday.
 
Apple, Samsung struggle in face of Chinese competition
The global launch of the iPhone 7 on Friday is crucial to Apple's fortunes in China, but both it and its biggest rival Samsung, hit by a recall over exploding batteries, are struggling in the face of upstart local competitors.
 
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