Companies spent $323 billion on research and development performed in the United States during 2013, 6.7 percent more than the $302 billion they spent the previous year.
Chinese Internet giant Tencent saw its net profit surge by 25 percent in the second quarter buoyed by growth in online advertising revenue and its popular messaging service WeChat, the company said Wednesday.
Stock scams are about as old as the market itself, but the combination of worldwide information technology and automated programs that can make thousands of trades in a second has created new paths for potential frauds. The ...
The South Korean company behind popular mobile messenger app Kakao Talk named a 34-year-old startup investor as CEO who will be the country's youngest corporate boss.
Taiwanese smartphone maker HTC said Thursday it would cut more than 2,000 jobs, slashing its workforce by 15 percent, after posting its biggest ever quarterly loss.
Seattle is the newest market in which Amazon.com is rolling out its one-hour delivery service, Prime Now.
Popular mobile games maker Rovio Entertainment said Wednesday it plans to lay off up to 260 people, or about a third of its workforce, because the company took on "too many things" during the past few years.
Internet giant Alibaba has joined forces with China's biggest defence company to offer location-based services using a homegrown satellite navigation system that competes with the US GPS network, the firms said.
U.S. auto safety regulators are investigating reports that air bags on some older Honda Accords may not inflate in a crash.
Dutch nutritional supplements and chemicals company Royal DSM NV says it is laying off between 900 and 1,100 staff worldwide as part of a reorganization of its businesses.