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Fears of end of chip boom as prices drop

A sudden decrease in some memory chip prices as well as a low profit forecast cause jitters among investors.

SoftBank considers IPO for Japan wireless unit


The conglomerate seeks to raise a reported $18 billion as the telecoms company considers listing its Japanese wireless business.

Ford plans $11bn electric car investment by 2022


Ford will significantly increase its investment in electric vehicles, and will have 40 hybrid and fully electric vehicles in its line-up by 2022.

Facebook changes News Feed, investors click on 'sad'


A warning from CEO Mark Zuckerberg that people could spend less time on Facebook in the short term hits shares.

Google removes gaming apps with pop-up porn malware


The search engine giant took down 60 gaming applications aimed at children that showed porn ad malware.

Corporations may dodge billions in US taxes via loophole

A loophole in the new US tax law could allow multinationals like Apple to avoid paying billions of dollars in taxes on profits stashed overseas.

Facebook to emphasise friends, not news


The social media firm says it will change the filter for the News Feed to prioritise what friends and family share.

Google 'security patches not slowing down systems'


The Alphabet firm says it deployed patches against the Spectre and Meltdown flaws last year, without slowing down its cloud services.

Intel says patches can cause reboot problems in old chips


The company may need to issue updates to fix the buggy patches and is working directly with data centre customers to "discuss" the issue.

IBM names James Kavanaugh as CFO


IBM CFO Martin Schroeter will move to a new role and will be replaced by company veteran James Kavanaugh.

Xerox in talks for deal with Japan's Fujifilm


The mutually beneficial deal is expected to boost Xerox's legacy business amid waning demand, and help streamline Fujifilm's copier business.

US Senate panel to discuss Bitcoin with regulators


A hearing with the country's top regulators will discuss Bitcoin amid rising concerns over the risks crypto-currencies pose to the financial system.

Buffett 'will never invest in crypto-currencies'


Multi-billionaire Warren Buffett predicts "almost with certainty that crypto-currencies will come to a bad end".