2020-05-07 21:34
Dropbox Inc’s quarterly revenue and profit beat Wall Street estimates on Thursday, as the file-hosting company signed up more paying customers on its platform with people shifting to… Read More
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2020-05-07 20:34
Uber Technologies Inc said on Thursday it saw encouraging signs in markets hit by the coronavirus epidemic as it posted a 14% rise in revenue growth, supported by its Uber Eats food-deliver… Read More
2020-05-07 20:34
Zoom Video Communications Inc pushed forward on Thursday in its effort to revamp its security, striking a deal with the New York attorney general’s office to protect users’ priva… Read More
2020-05-07 20:34
Dropbox Inc’s quarterly revenue beat Wall Street estimates on Thursday, as the file-hosting company signed up more paying customers on its platform with people shifting to remote work… Read More
2020-05-07 19:34
Tesla Inc Chief Executive Elon Musk said in a podcast interview released on Thursday that the company’s planned Roadster sports car would take a backseat to the development of other… Read More
2020-05-07 11:53
A European coalition is forming around an approach to using smartphone technology to trace coronavirus infections that, its backers hope, could help to reopen borders without unleashing a se… Read More
2020-05-07 11:53
Samsung Group heir Jay Y. Lee’s vow to end dynastic succession at South Korea’s biggest conglomerate following three generations of Lee family control sparked skepticism on Thurs… Read More
2020-05-07 11:53
PayPal Holdings Inc said it expects a strong recovery in payments volumes in the second quarter as social distancing drives more people to shop online, even as lockdowns start to ease, send… Read More
2020-05-07 11:53
Apple Inc said on Thursday that it was awarding $10 million to a maker of nasal swabs and other materials for collecting samples for Covid-19 tests in a move aimed at boosting the swab maker… Read More
2020-05-07 08:53
Japan’s Nintendo Co Ltd said on Thursday its fourth-quarter profit soared 200% due to surging demand for its Switch games console, and that title Animal Crossing: New Horizons shifted… Read More
2020-05-07 07:53
Japan’s Nintendo Co Ltd said on Thursday it sold 21 million Switch units in the year ended March, smashing its forecast of 19.5 million units, with hit title Animal Crossing: New Horiz… Read More
2020-05-07 05:53
Samsung Group heir Jay Y. Lee’s vow to end dynastic succession at South Korea’s biggest conglomerate following three generations of Lee family control sparked skepticism on Thurs… Read More
2020-05-07 01:53
Colombia has removed the contact-tracing feature in its official app for informing residents about the novel coronavirus after experiencing glitches, but aims to rebuild using potentially mo… Read More
2020-05-06 23:53
A group of Senate Republicans is urging U.S. President Donald Trump to avoid hurting American chipmakers, which they see as essential to the coronavirus response and the U.S. economy, as the… Read More
2020-05-06 23:53
PayPal Holdings Inc said it expects a strong recovery in payments volumes in the second quarter as social distancing drives more people to shop online, even as lockdowns start to ease, send… Read More
2020-05-06 21:53
T-Mobile US Inc added more monthly bill paying phone subscribers than expected in the first quarter, thanks to a surge in demand for cheaper phone services as people work from home amid loc… Read More
2020-05-06 21:53
Lyft Inc on Wednesday posted higher-than-expected revenue and the ride-hailing company vowed further cost cuts to become profitable, saying ridership hit by the coronavirus pandemic had imp… Read More
2020-05-06 21:53
The U.S. Department of Commerce is close to signing off on a new rule that would allow U.S. companies to work with China’s Huawei Technologies on setting standards for next generation… Read More
2020-05-06 20:53
Payment processor Paypal Holdings Inc reported an 87.4% slump in first-quarter profit on Wednesday, as consumers spent less due to the COVID-19 lockdowns and unemployment numbers surged… Read More
2020-05-06 20:53
IAC/InterActiveCorp reported an 11% rise in quarterly revenue on Wednesday, as its online dating business and video hosting platform added more stuck-at-home users.
source https://www.reu… Read More
2020-05-06 20:53
Lyft Inc on Wednesday surprised investors with higher-than-expected revenue and the ride-hailing company vowed further cost cuts to become profitable as the U.S. coronavirus lockdown batter… Read More
2020-05-06 20:53
T-Mobile US Inc added more monthly bill paying phone subscribers than expected in the first quarter, benefiting from customers becoming more price sensitive as unemployment in the United St… Read More
2020-05-06 20:53
U.S. cities that have idled mass transit during coronavirus lockdowns are turning to an unusual partner to get essential workers to hospitals, warehouses and factories: ride-hailing company… Read More
2020-05-06 11:53
Canadian e-commerce company Shopify Inc on Wednesday posted a surprise adjusted profit for the first quarter and beat revenue estimates as more users visited its platform after lockdowns le… Read More
2020-05-06 08:53
Samsung Group heir Jay Y. Lee, embroiled in a bribery scandal, on Wednesday made a rare apology over controversial succession plans and said he will not hand over management rights to his ch… Read More
2020-05-06 08:53
Finnish telecom equipment maker Nokia said on Wednesday it had issued an offer to buy back for cash its 1% notes due March 15, 2021 for up to 500 million euros.
source https://www.reuter… Read More
2020-05-06 07:53
Samsung Group heir Jay Y. Lee, embroiled in a bribery scandal, on Wednesday apologised over controversial succession plans and said he will not hand over management rights to his children at… Read More
2020-05-06 05:53
Estonian ride-sharing service Bolt on Wednesday launched its own electric scooter model and said it aims to launch the scooter service in more than 45 cities this summer.
source https://w… Read More
2020-05-05 22:53
Pinterest Inc on Tuesday said advertisers were slowing spending on the image sharing company due to the COVID-19 pandemic and reported a bigger-than-expected first-quarter loss as costs surg… Read More
2020-05-05 22:53
Latin American e-commerce company MercadoLibre is one of the few firms not scaling back spending amid the coronavirus pandemic and plans to move forward with a planned 4 billion reais ($717… Read More
2020-05-05 21:53
Pinterest Inc reported a bigger-than-expected first-quarter loss on Tuesday as the image sharing company incurred higher costs, sending its shares down 10% in extended trade.
source https… Read More
2020-05-05 20:53
Image sharing company Pinterest Inc’s first-quarter revenue beat estimates on Tuesday, as coronavirus-led lockdowns forced people to stay indoors and seek engagement and entertainment… Read More
2020-05-05 20:53
Video game publisher Electronic Arts Inc forecast full-year adjusted revenue above Wall Street estimates on Tuesday, driven by higher sales in its major franchises like “FIFA” an… Read More
2020-05-05 20:53
Match Group Inc reported quarterly revenue that fell short of Wall Street estimates on Tuesday, hit by slowing growth in its popular dating app “Tinder” as fewer people signed u… Read More
2020-05-05 19:53
The coronavirus outbreak put paid to May Day festivities on the Isle of Wight this week and brought the spotlight to the island for a very different reason: it has been designated a testing… Read More
2020-05-05 19:53
Fox News Media, a unit of Fox Corp, said on Tuesday it has partnered with digital streaming services company Spotify Technology SA to distribute its podcast catalogue featuring more than 20… Read More
2020-05-05 18:53
California’s attorney general on Tuesday sued Uber Technologies Inc and Lyft Inc for classifying its drivers improperly as independent contractors instead of employees, evading workp… Read More
2020-05-05 17:53
Twitter Inc will test sending users a prompt when they reply to a tweet using “offensive or hurtful language,” in an effort to clean up conversations on the social media platform… Read More
2020-05-05 11:53
France accused Apple on Tuesday of undermining its effort to fight the coronavirus by refusing to help make its iPhones more compatible with a planned “StopCovid” contact-tracing… Read More
2020-05-05 11:53
Business software group SAP disclosed on Tuesday that some of its cloud products did not meet contractual or statutory security standards and said it would take remedial action to fix the pr… Read More
2020-05-05 11:53
China on Tuesday successfully launched its largest carrier rocket, which was carrying a new-generation spacecraft, state broadcaster CCTV said.
source https://www.reuters.com/article/us-c… Read More
2020-05-05 09:53
Microsoft will invest $1 billion in Poland as part of a plan that will involve opening a data centre in the country to provide cloud services to businesses and government institutions, the c… Read More
2020-05-05 07:53
France is hoping to deploy its state-supported “StopCOVID” contact-tracing app by June 2, the Minister for Digital Affairs, Cedric O, said on Tuesday.
source https://www.reute… Read More
2020-05-05 00:53
Boeing Co sees mass production of its unmanned, fighter-like jet developed in Australia likely happening by the middle of the decade, an executive said on Tuesday, as it rolled out the first… Read More
2020-05-05 00:53
Apple Inc on Monday capitalized on the Federal Reserve’s emergency measures in response to the coronavirus outbreak to issue its cheapest bonds in years, making it the latest blue-chi… Read More
2020-05-04 23:53
WeWork co-founder Adam Neumann filed a lawsuit against Japan’s SoftBank Group Corp and its Vision Fund on Monday for terminating a $3 billion tender offer to the office-sharing startu… Read More
2020-05-04 22:53
Tesla Chief Executive Elon Musk appeared to qualify on Monday for a $700 million payday, just three days after he said the electric car company’s stock price was too high.
source ht… Read More
2020-05-04 22:53
Chipmaker Intel Corp has bought Israeli public transit app maker Moovit for about $900 million to help it develop self-driving “robotaxis” that could take to the streets in earl… Read More
2020-05-04 19:53
Robinhood Markets Inc said on Monday it has raised $280 million in a funding round that valued the online brokerage at $8.3 billion as it benefits from new signups amid increased market vola… Read More
2020-05-04 18:53
Britain will start testing its own COVID-19 tracing app on the Isle of Wight from Tuesday, hoping that the technology in combination with more testing and tracking will help limit transmissi… Read More
2020-05-04 17:53
Apple Inc and Alphabet Inc’s Google on Monday said they would ban the use of location tracking in apps that use a new contact tracing system the two are building to slow the spread of… Read More
2020-05-04 16:53
The COVID-19 smartphone app being developed by Britain will be able to give serious insights into the virus by virtue of using centralised matching, despite its offering less privacy than ri… Read More
2020-05-04 15:53
Uber Technologies’ Careem subsidiary said on Monday it was cutting 536 jobs this week, representing 31% of the Dubai-headquartered company’s workforce.
source https://www.reut… Read More
2020-05-04 15:53
Indian gym and wellness startup cure.fit has laid off as many as 800 of its staff across the country and permanently closed a number of fitness centres to cut costs amid the world’s bi… Read More
2020-05-04 15:53
Chinese smartphone maker Xiaomi Corp said on Monday it will launch an e-commerce service in India this week to enable customers stuck at home during a nationwide lockdown to buy its products… Read More
2020-05-04 15:53
Apple Inc on Monday launched an updated version of its MacBook Pro with modified keyboards, as the laptop line had faced criticism for typing-related problems, while boosting performance and… Read More
2020-05-04 08:13
Russia and China are taking advantage of the coronavirus emergency to put their interests forward in Europe, U.S. Defense Secretary Mark Esper said on Monday, describing Chinese efforts to p… Read More
2020-05-04 07:13
IG Group said on Monday Charlie Rozes, former finance director of Jardine Lloyd Thompson, will join the online trading group as chief financial officer, at a time when the sector is benefit… Read More
2020-05-03 19:13
The number of people who have died in France after contracting the new coronavirus rose on Sunday by 135 to 24,895, the health ministry said.
source https://www.reuters.com/article/us-hea… Read More
2020-05-03 18:13
France’s state-supported “StopCOVID” contact-tracing app should enter its testing phase in the week of May 11 when the country starts to unwind its lockdown, a government m… Read More
2020-05-03 12:13
Chipmaker Intel Corp is in advanced talks to acquire Israeli public transit app developer Moovit for $1 billion, financial news website Calcalist reported on Sunday.
source https://www.re… Read More
2020-05-03 05:13
Tokopedia, Indonesia’s largest e-commerce platform, said it was investigating an attempted hack and claims that the details of millions of its users had been leaked online.
source h… Read More
2020-05-02 21:13
U.S. electric carmaker Tesla Inc has applied for a licence to supply electricity in the United Kingdom, The Telegraph reported on Saturday.
source https://www.reuters.com/article/us-tesla… Read More
2020-05-02 18:13
Tokopedia, Indonesia’s largest e-commerce platform, said on Saturday it was investigating claims that the details of millions of its users had been leaked online by a hacker.
source… Read More
2020-05-02 16:13
India has ordered all public and private sector employees use a government-backed contact tracing app and maintain social distancing in offices as it begins easing some of its lockdown measu… Read More
2020-05-02 07:13
India has mandated that all public and private sector employees use a government-backed Bluetooth tracing app and maintain social distancing in offices as New Delhi begins easing some of its… Read More
2020-05-02 07:13
Tesla Inc told furloughed employees on Friday that they will remain out of work for at least another week, postponing a plan to resume normal operations on May 4 at its San Francisco vehicl… Read More
2020-05-01 23:13
Some workers at Amazon.com Inc, Target Corp and Instacart Inc staged protests and sick-outs on Friday to demand a safer work environment and better pay during the coronavirus outbreak.
so… Read More
2020-05-01 23:13
The Canadian province of Alberta on Friday launched the country’s first phone app to trace contacts of people infected with the coronavirus, as the country slowly restarts its economy… Read More
2020-05-01 22:13
Syria’s leading tycoon, Rami Makhlouf, said he will appeal to President Bashar al-Assad to allow his mobile communications company, Syriatel, to reschedule payment of taxes owed to the… Read More
2020-05-01 21:13
Uber Technologies Inc was ordered by a U.S. judge on Friday to face a lawsuit claiming its illegal predatory pricing and other anticompetitive practices stifled competition, and drove rival… Read More
2020-05-01 21:13
More people stayed home in Brazil, Japan and Singapore in April as their novel coronavirus cases surged, while people in the United States and Australia returned to parks and jobs as infecti… Read More
2020-05-01 20:13
The Canadian province of Alberta said on Friday it would soon launch the country’s first phone app to trace contacts of people infected with the coronavirus, as the country slowly rest… Read More
2020-05-01 19:13
Shares of Tesla Inc tumbled 9% on Friday after Chief Executive Officer Elon Musk tweeted that the electric carmaker’s high-flying stock was overly expensive.
source https://www.reu… Read More
2020-05-01 18:13
Some workers at Amazon.com Inc, Target Corp and Instacart Inc are staging protests and sick-outs on Friday to demand a safer work environment and better pay during the coronavirus outbreak… Read More
2020-05-01 18:13
Facebook Inc is at risk of losing a key seal of approval that gives companies confidence they are getting what they pay for when it comes to advertising with the social-media giant, the Wall… Read More
2020-05-01 17:13
Shares of Tesla Inc tumbled 10% on Friday following a tweet from Chief Executive Elon Musk’s Twitter account that the electric car maker’s recently high-flying stock is overly e… Read More
2020-05-01 16:13
The U.S. House of Representatives Judiciary Committee on Friday called on Amazon.com founder Jeff Bezos to testify to the panel about allegations that the online retailer uses data from its… Read More
2020-05-01 15:13
The U.S. House of Representatives Judiciary Committee on Friday called on Amazon founder Jeff Bezos to testify to the panel about “competition concerns” related to the company&rs&hell…Read More
2020-05-01 10:19
As lockdown orders force billions of people to work, learn and play from home during the novel coronavirus outbreak, usage has surged for the cloud computing services that power video confer… Read More
2020-05-01 10:19
Chinese gaming and social media group Tencent Holdings has bought a 5% stake in Afterpay Ltd, the Australian buy-now-pay-later firm said on Friday.
source https://www.reuters.com/article/… Read More
2020-05-01 09:19
In the battle against coronavirus, Swiss soldiers are using smartphones to test a new contact tracing application that could prevent infections while also protecting users’ privacy… Read More
2020-05-01 09:19
A Chinese startup that develops augmented-reality products for use in manufacturing and gaming has found a promising growth area in the midst of a global pandemic – wearable glasses th… Read More
2020-05-01 02:19
U.S. electric vehicle maker Tesla Inc said in Friday it has cut the starting price for China-made Model 3 sedans by 10% to qualify for subsidies in the world’s biggest auto market… Read More
2020-05-01 02:19
Apple Inc and Huawei Technologies [HWT.UL] each captured a higher share of China’s smartphone market in the first quarter, according to data from research firm Canalys released on Frid… Read More
2020-04-30 23:19
Amazon.com Inc on Thursday said it could post its first quarterly loss in five years because it is spending at least $4 billion in response to the coronavirus pandemic, including plans to t… Read More
2020-04-30 22:19
Apple Inc reported sales and profits that beat Wall Street expectations Thursday, with Chief Executive Officer Tim Cook saying China sales were “headed in the right direction” as… Read More
2020-04-30 21:19
Amazon.com Inc on Thursday said it could post its first quarterly loss in five years because it is spending at least $4 billion in response to the coronavirus pandemic, including plans to t… Read More
2020-04-30 21:19
Apple Inc reported sales and profits that beat Wall Street expectations Thursday, with Chief Executive Officer Tim Cook saying China sales were “headed in the right direction” a… Read More
2020-04-30 21:19
U.S. hedge fund Elliott Management has further cut its stake in Italy’s biggest phone group Telecom Italia (TIM), a regulatory filing showed, amid an ongoing portfolio rebalancing as C… Read More
2020-04-30 21:19
Tesla Inc Chief Executive Officer Elon Musk, who has a history of being outspoken on Twitter, lashed out on the social media platform over the past several days with his strong views on rest… Read More
2020-04-30 20:19
Video conferencing provider Zoom said on Thursday it had mistakenly published a blog last week that put its daily users at 300 million people when the figure instead referred to the number o… Read More
2020-04-30 19:19
One day after Tesla Inc posted its third quarterly profit in a row, hedge fund manager David Einhorn, one of the electric carmaker’s best-known critics, lobbed questions about the comp… Read More
2020-04-30 19:19
Reports of the demise of the digital advertising market due to the coronavirus outbreak appear exaggerated as the tech giants dominating the online ads business, Google and Facebook, said th… Read More
2020-04-30 19:19
U.S. hedge fund Elliott Management has further cut its stake in Italy’s biggest phone group Telecom Italia (TIM), a regulatory filing showed on Thursday.
source https://www.reuters… Read More
2020-04-30 18:19
NASA on Thursday selected space firms SpaceX, Blue Origin and Dynetics to build lunar landing systems that can carry astronauts to the moon by 2024, the White House’s accelerated deadl… Read More
2020-04-30 09:19
Global smartphone production is expected to slump a record 16.5% to 287 million phones in the June quarter from a year earlier as the coronavirus pandemic muzzles demand, TrendForce said htt… Read More
2020-04-30 08:19
China is strongly opposed to the United States abusing export control measures, which would hurt the interests of U.S. firms more, the Chinese commerce ministry said on Thursday.
source h… Read More
2020-04-30 08:19
Nokia has won a share of China Unicom’s 5G core network order alongside with Huawei and ZTE, Nokia’s Chief Executive Rajeev Suri told Reuters in an interview, citing information… Read More
2020-04-30 08:19
Belgian telephone, internet and television service provider Proximus reported higher than expected first-quarter net profit on Thursday, and said market regulator BIPT has granted it and fou… Read More
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