(Reuters) - Verizon Communications Inc reported quarterly revenue that topped expectations on Thursday as the No. 1 U.S. wireless carrier attracted more subscribers with its unlimited data plan. Shares jumped 3.6 percent to $46.01 in premarket trading. In the quarter, Verizon added 614,000 subscribe...
NEW YORK (Reuters) - Financial technology startup TransferWise will allow users around the world to send money internationally through its service using Apple Pay, in a bid to make transfers easier and more secure. The London-based money transfer company said on Thursday that it was joining with App...
CHICAGO (Reuters) - Walmart.com, trailing Amazon.com Inc in the number of goods for sale on its website, is recruiting vendors in China and other countries to boost its online offerings in a pivot away from Wal-Mart's Made-in-America campaign. While there is a financial incentive behind the move, Wa...
KUALA LUMPUR (Reuters) - Malaysia's parliament on Thursday passed two bills that will legalize e-hailing services, as ride-hailing firms Grab and Uber Technologies Inc race to expand in the region. Grab expects to raise $2.5 billion from investors in a bid to extend its lead over Uber in the region,...
DETROIT (Reuters) - United Parcel Service Inc on Thursday reported a higher quarterly net profit due largely to a jump in ecommerce deliveries in its U.S. domestic package service. The Atlanta-based company posted second-quarter net income of $1.4 billion or $1.58 per share, up nearly 8 percent from...
Skimming devices that crooks install inside fuel station gas pumps frequently rely on an embedded Bluetooth component allowing thieves to collect stolen credit card data from the pumps wirelessly with any mobile device. The downside of this approach is that Bluetooth-based skimmers can be detected b...
Skimming devices that crooks install inside fuel station gas pumps frequently rely on an embedded Bluetooth component allowing thieves to collect stolen credit card data from the pumps wirelessly with any mobile device. The downside of this approach is that Bluetooth-based skimmers can be detected b...
(Reuters) - Twitter Inc (TWTR.N) failed to add users on a monthly basis in the second quarter, compared with the first quarter, amid fierce competition from Facebook Inc (FB.O) and Snap Inc's (SNAP.N) fast-growing messaging app Snapchat. Twitter's shares fell 5 percent in premarket trading on Thursd...
NEW YORK (Reuters) - Callsign Inc, a startup that had developed technology to help users access websites more securely, has raised $35 million from investors including Accel, PTB Ventures and NightDragon Security, the firm of former McAfee chief executive David DeWalt. The company, whose core team i...
SEOUL (Reuters) - LG Electronics Inc on Thursday said continued losses in its mobile unit limited growth in second-quarter profit to 13.6 percent, as the firm prepares to release a handset in the third quarter that it hopes will turn the tide. The South Korean firm said operating profit reached 664 ...
HELSINKI (Reuters) - Finnish network equipment maker Nokia reported larger than expected quarterly profits on Thursday thanks to a patent deal with Apple along with improving profitability at its network business but warned its key market would slow. Second-quarter group earnings before interest and...
SAN FRANCISCO (Reuters) - Russian intelligence agents attempted to spy on President Emmanuel Macron's election campaign earlier this year by creating phony Facebook personas, according to a U.S. congressman and two other people briefed on the effort. About two dozen Facebook accounts were created to...
HONG KONG (Reuters) - Co-working space startup WeWork Cos revealed plans on Thursday for a Chinese unit with the backing of China's Hony Capital and Japan's SoftBank Group Corp, as it seeks to benefit from booming demand for shared office space in the world's second-largest economy. SoftBank and Hon...
HONG KONG (Reuters) - Chinese smartphone maker Coolpad Group, part of the cash-strapped LeEco technology conglomerate, said on Thursday a bank has sued a subsidiary, demanding early repayment of an 80 million yuan ($11.9 million) loan due Aug. 15. LeEco, a smart cars to online content conglomerate t...
MEXICO CITY (Reuters) - America Movil, the telecommunications company of Mexican tycoon Carlos Slim, and Movistar, the Colombian unit of Spain's Telefonica SA, may not have to pay any compensation while legal action in Colombia is under review, a government minister said on Wednesday. Shares of Amer...
SINGAPORE (Reuters) - Amazon.com Inc launched its two-hour delivery service in Singapore on Thursday, marking the e-commerce giant's push into populous Southeast Asia and its first head-on battle with its Chinese rival, Alibaba Group Holding. While Amazon does deliver to Singapore, higher-end servic...
SEOUL (Reuters) - Samsung Electronics Co Ltd (005930.KS) on Thursday said it expected the memory chip boom to continue in the current quarter, after reporting a record operating profit for the three months through June. The world's biggest maker of memory chips, smartphones and television sets is wi...
(Reuters) - PayPal Holdings Inc reported a better-than-expected quarterly profit as the payment processor's growing strategic partnerships helped boost payment volumes. The company's shares were up 2.4 percent in trading after the bell on Wednesday. Net income rose 27.2 percent to $411 million, or 3...
(Reuters) - FTSE Russell said on Wednesday it plans to exclude Snap Inc (SNAP.N) from its widely followed stock indexes because Snap, the owner of messaging app Snapchat, has an unusual share structure that denies voting rights to investors. In a document emailed to Reuters, FTSE Russell said it pla...
SAN FRANCISCO (Reuters) - Uber's former chief executive, Travis Kalanick, has hired the former top federal prosecutor in San Francisco to represent him ahead of a deposition in a high-profile trade secrets case against Alphabet's Waymo self-driving car unit, the attorney's firm said on Wednesday. Me...
