Technology - Business news

US tech firm Intel plans $1.6 bn investment in China

US microprocessor maker Intel plans to invest $1.6 billion over the next 15 years to upgrade an existing facility in China's western city of Chengdu, the company said in a statement provided to AFP on Thursday.

Dec 04, 2014
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Apple Pay fails to unify fragmented market

Apple Pay, meant to inject momentum into a fragmented market for the emerging mobile payments sector, has instead highlighted the squabbles between retailers and the banking and payments industry.

Nov 01, 2014
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Samsung wobbles but stays its ground

Buffeted by sliding profits and emboldened competitors, mighty Samsung Electronics is looking unusually vulnerable these days, but analysts say its financial muscle and product diversity make "crisis" talk ...

Nov 02, 2014
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Google X: Secret lab for 'moonshot' research

In a rare public speech, Google Inc. CEO Larry Page once suggested the tech industry needs "safe places where we can try out new things" without rules or interference. Some people thought he was describing ...

Mar 12, 2014
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