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    Latest Tech News

    Alibaba not interested in acquisitions, more interested in partnerships -

    Alibaba executive chairman Jack Ma, attends the annual meeting of the World Economic Forum (WEF) in DavosDAVOS, Switzerland (Reuters) - China's Alibaba is not interested in acquisitions this year as it is in partnerships, Alibaba Executive Chairman Jack Ma said on Thursday. "I am not interested in acquisitions. I am more interested in partnerships," Ma said at a news conference on Alibaba's Olympic sponsorship deal, when he asked about his company's plans for the year. "We want to look for partners and empower them to be powerful," he said. (This version of the story corrects word in lead to 'not') (Reporting by Karolos Grohmann, editing by Larry King)

    Thu, 19 Jan 2017 07:40:43 -0500
    Toshiba woes intensify on reports of $6 billion writedown, shares plummet -

    A logo of Toshiba Corp is seen behind a red light signal outside an electronics retail store in TokyoToshiba Corp's financial crisis deepened on Thursday as media reported it may unveil a bigger-than-expected $6 billion writedown for its U.S. nuclear business, sending its shares sliding 16 percent. The reports cast doubt on whether steps by the scandal-hit conglomerate to bolster its finances - including the possible sale of a stake in its core chip business to business partner Western Digital Corp - will be sufficient to address the shortfall. Toshiba executives sat down with representatives from some of its main banks on Thursday to discuss possible support, sources with knowledge of the matter said.

    Thu, 19 Jan 2017 07:36:50 -0500
    First Click: A foreboding photo from Obama’s last press conference -

    First Click: A foreboding photo from Obama’s last press conferencePete Souza, the White House’s official photographer, has been winding down his time in the Obama administration with a series of retrospective posts on Instagram. Souza has documented some of the president’s most intimate moments over the last eight years — playing with his daughters, sitting alone in his office — and his photography is consistently beautiful. In these waning days of the Obama era, Souza’s Instagram has served as a poignant reminder of the dramatic change that will unfold with Donald Trump’s inauguration on Friday.

    Thu, 19 Jan 2017 07:30:01 -0500
    German anti-trust case against Audible, Apple dropped - BERLIN (AP) — Germany's anti-trust agency says it's dropping its investigation of Amazon subsidiary Audible and Apple after the two companies agreed to end exclusivity deals for audiobook supply and distribution. Thu, 19 Jan 2017 07:13:36 -0500
    The first GMO non-browning apples will go on sale in the US next month -

    The first GMO non-browning apples will go on sale in the US next monthThe first genetically-modified apples will go on sale in the US next month, according to agricultural site Capital Press. The fruit, produced by Okanagan Specialty Fruits and sold under the brand name Arctic Apples, were approved by the USDA in 2015 with a first harvest collected last fall. The apples have been modified to brown less quickly than ordinary fruit, and will be sold pre-sliced in ‘grab-and-go’ pouches.

    Thu, 19 Jan 2017 06:50:01 -0500
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