Big Tech's 'nemesis' in EU gets new term - and more power

LONDON (AP) — The European Union's competition chief is getting a new term - with expanded powers - in a move that underlines how the bloc's battle to regulate big tech companies is only just beginnin...

Apple expected to unveil iPhones echoing last year's models

SAN FRANCISCO (AP) — Apple is expected to unveil three new iPhone models that are so similar to last year's lineup, they may be upstaged by details about the company's upcoming video service. ...

TSMC ranks as No. 3 chip supplier in first half of 2019

Taipei (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC) was the world's third largest chip supplier in the first half of 2019 while Taiwan-based MediaTek Inc. made the list of the top 15 IC chi...

Asian stocks follow Wall Street lower before US Fed release

BEIJING (AP) — Asia stock markets followed Wall Street lower Wednesday as investors looked ahead to a speech by the Federal Reserve chairman for signs of possible plans for more U.S. interest ra...

Asian stocks plunge on US-China trade war worries

BEIJING (AP) — Asian stock markets plunged Friday after President Donald Trump's surprise threat of tariff hikes on additional Chinese imports. Tokyo's main market index fell 2.5% an...

Solid earnings reports push US stock indexes broadly higher

NEW YORK (AP) — Stocks moved higher in early trading on Wall Street Thursday as investors focused on several solid earnings reports after a late bout of selling the day before. Inves...

Business Highlights

___ Google crushes second quarter earnings expectations SAN FRANCISCO (AP) — Google parent Alphabet beat analyst expectations for its second quarter financials Thur...

Apple buys Intel's smartphone modem division for $1 billion

SAN FRANCISCO (AP) — Apple is paying Intel $1 billion for the chip maker's smartphone modem division in a deal driven by the upcoming transition to the next generation of wireless technology. ...

Trump meets with chipmakers on Huawei, other economic issues

WASHINGTON (AP) — The White House says President Donald Trump met with executives from several of the nation's leading chipmakers Monday and discussed restrictions his administration has imposed on th...

EU fines chipmaker Qualcomm for 'predatory pricing'

BRUSSELS (AP) — The European Union has fined U.S. chipmaker Qualcomm $271 million, accusing it of "predatory pricing." EU Antitrust Commissioner Margrethe Vestager said Thursday the ...

EU fines US chipmaker Qualcomm $271 million, accusing it of "predatory pricing"

BRUSSELS (AP) — EU fines US chipmaker Qualcomm $271 million, accusing it of "predatory pricing"

Big losses for railroads pull industrial companies lower

NEW YORK (AP) — Stock indexes were posting slight losses in midday trading on Wall Street Wednesday as a sharp drop for railroad operator CSX pulled industrial companies broadly lower. ...

Markets Right Now: Industrial stocks lead US indexes lower

NEW YORK (AP) — The latest on developments in financial markets (all times local): 11:45 a.m. Stock indexes are slightly lower in midday trading on Wall Street as a...

Intel, Rio Tinto fall; Deutsche Bank, NorthStar Realty rise

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday: Bank of America Corp., up 21 cents to $29.26 Financial stocks bucked the overall downwa...

Taiwan's MediaTek ranked 4th largest IC designer worldwide, Novatek No. 8

Taipei (CNA) - MediaTek Inc., a smartphone chip designer from Taiwan, was the fourth largest integrated circuit designer worldwide in the first quarter of this year, as the company saw its revenue ris...