Business

Capital One customer data breach rattles investors

Capital One Financial Corp’s (COF.N) assurances that a major data breach would have a limited impact on customers or profit failed to convince investors on Tuesday, with the bank’s shares closing down 5.9%. Capital One said the prior day that 106 million people who had applied for credit cards in the United States and Canada […]

Business

Airbus second-quarter profit rise beats forecasts, delivery challenges ahead

Airbus on Wednesday posted stronger-than-expected core second-quarter earnings, led by the switch to efficient new single-aisle jets, and maintained its profit forecast for the year while warning of delivery challenges in the second half. Europe’s largest aerospace group said second-quarter adjusted operating profit rose 72% to 1.98 billion euros ($2.2 billion), led by a more-than-twofold […]

Business

Samsung says Japanese curbs cloud outlook as profit halves, shares fall

Samsung Electronics (005930.KS) warned on Wednesday that Japanese curbs on the export of chip-making materials was blurring its outlook and said it would delay a plan to return money to shareholders due to “significant new challenges.” The South Korean tech giant also posted a 56% plunge in June-quarter profit as an oversupply of memory chips […]

Business

With Fed sure to cut rates, Powell on hook to flag next steps

The U.S. Federal Reserve is almost certain to cut interest rates for the first time in more than a decade on Wednesday, delivering a mild jolt to an economy that is facing headwinds from trade disputes and a global slowdown. The widely expected quarter-percentage-point lowering of borrowing costs, however, is unlikely to assuage U.S. President […]

Business

Apple’s services, wearables shore up results as iPhone drops below half of sales

Apple Inc (AAPL.O) iPhone sales dropped to less than half of quarterly revenue for the first time in seven years, but CEO Tim Cook on Tuesday described the change as successfully diversifying away from a single product and forecast results above Wall Street targets. That strategy proved especially useful in China, the world’s largest smartphone […]

Technology

Massive Note 10 Plus 5G revealed in several leaks

We’re just starting to see leaked images of the stylus-packing Samsung Galaxy Note 10 and its higher-specced Plus version, but there’s something new in the mix: leaked information on and images of the Samsung Galaxy Note 10 Plus 5G. The first image came courtesy of reputable leaker Evan Blass (who supplied earlier leaks of the […]

Technology

Smash Bros. Ultimate’s Dragon Quest Hero has a release date

Super Smash Bros. Ultimate’s next DLC fighter, The Hero from Dragon Quest, will go live later today in North America and tomorrow in Europe. Smash Bros. boss Masahiro Sakurai made the announcement this afternoon in a livestream where he showcased The Hero’s skills in detail, and took a look at the new Dragon Quest-themed stage, […]

Technology

Honor 20 Pro will finally be available in the UK from August, at a low price

Honor announced the Honor 20 and Honor 20 Pro in mid-2019 just as news of the Huawei ban broke, so the future of Honor smartphones was in doubt (as Honor is a subsidiary of Huawei) but it looks like the full series of handsets is set to launch after all. After the basic Honor 20 […]

Technology

Neuroscientists decode brain speech signals into written text

Doctors have turned the brain signals for speech into written sentences in a research project that aims to transform how patients with severe disabilities communicate in the future. The breakthrough is the first to demonstrate how the intention to say specific words can be extracted from brain activity and converted into text rapidly enough to […]

Technology

Google Chrome for desktop is finally getting a dark mode

Google is working on a dark mode for desktop versions of its browsers and its ChromeOS operating system. For a few months it’s been possible to activate a dark mode for Chrome on Android that changes the color of webpages, and according to 9to5Google, that feature will soon become cross-platform. Currently, it’s possible to activate […]