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Samsung Electronics forecasts fourth-quarter profit at over three-year high
Samsung Electronics Co Ltd said on Friday its fourth-quarter profit likely leapt 50 percent from a year earlier to its highest level in more than three years, beating expectations on strong chip sales … Read more here: Samsung Electronics forecasts fourth-quarter profit at over three-year high Read More →
Chided by Trump, Ford scraps Mexico factory, adds Michigan jobs
By Bernie Woodall and David Shepardson FLAT ROCK, Mich./WASHINGTON (Reuters) – Ford Motor Co on Tuesday scrapped a planned Mexican car factory and added 700 jobs in Michigan following criticism by Donald Trump, as the U.S. president-elect turned his attention toward rival General Motors Co with the threat of a “big border tax” over compact cars made in Mexico. Ford CEO Mark Fields... [Read more]
Luminar: The only photo-editing tool most Mac users need
Mac users seeking a powerful photo-editing tool that's capable of transforming average images should try Macphun's bargain-priced Luminar. See the original post here: Luminar: The only photo-editing tool most Mac users need Read More →
China policymakers pledge stability for ‘complex’ year ahead
China's economy is on a steady growth path as 2016 ends, supported by a housing boom and billions in government investment, but the mood of policymakers is more cautious than celebratory as they face “complexity” in the new year. The central bank – while reaffirming a… More here: China policymakers pledge stability for ‘complex’ year ahead Read More →
Tesla owner files lawsuit in California claiming sudden acceleration
Tesla Motors Inc was sued on Friday by a Model X owner who said his electric SUV suddenly accelerated while being parked, causing it to crash through the garage into the owner's living room, injuring the driver and a passenger. The Model X owner, Ji Chang Son, said that one night in September, he slowly pulled into his driveway as his garage door opened when the car suddenly sped forward. It... [Read more]
Chinese firms ordered to pay Disney, Pixar $194,000 for copying ‘Cars’: Xinhua
A Shanghai court ordered two Chinese firms to pay Walt Disney Co and Pixar more than 1.35 million yuan ($194,440) compensation for copying parts of their hit movies “Cars” and “Cars 2”, the official Xinhua news agency reported on Saturday. The ruling is the latest in a slew of intellectual property wins for large foreign firms, who have complained about widespread copyright... [Read more]
Foxconn joint venture to build $8.8 billion LCD plant in China
A joint venture between Hon Hai Precision Industry Co , known as Foxconn, and Sharp Corp plans to build a 61 billion yuan ($8.8 billion) factory in China to produce liquid-crystal displays (LCDs). Sakai Display Products Corp's plant will be a so-called Gen-10.5 facility specializing Read the original here: Foxconn joint venture to build $8.8 billion LCD plant in China Read More →
Start, switch, stop: How to regroup your IT projects to prepare people for change
As an IT leader, explaining your tech projects can be difficult. Here's how you can group your IT projects to better prepare users for what they entail. See more here: Start, switch, stop: How to regroup your IT projects to prepare people for change Read More →
Takata could settle U.S. criminal probe next month: source
Part of a settlement would include Takata pleading guilty to criminal misconduct, the source told Reuters. The Justice Department has investigated whether Takata hid information from safety regulators and issued misleading statements about the dangers posed by the air bags. Any deal would likely include a monitor to ensure Takata's compliance with the agreement, the source said. See more here: Takata... [Read more]
Panasonic to invest over $256 million in Tesla’s U.S. plant for solar cells
Panasonic Corp will invest more than 30 billion yen ($256 million) in a New York production facility of Elon Musk's Tesla Motors to make photovoltaic (PV) cells and modules, deepening a partnership of the two companies. Tesla's shares Read more: Panasonic to invest over $256 million in Tesla’s U.S. plant for solar cells Read More →