NEW YORK (Reuters) - Amazon.com Inc (AMZN.O) has launched a social feature called Spark that allows members to showcase and purchase products on its platforms, the retail giant's first clear move into the world of social media. Spark, which is currently only available for Amazon's premium paying Pri...
(Reuters) - T-Mobile US Inc's quarterly results topped analysts' estimates as the No. 3 U.S. wireless carrier on Wednesday reported more phone subscribers who pay a monthly bill and record low customer dropout rate. T-Mobile has been gaining share from larger competitors AT&T Inc and Verizon Com...
(Reuters) - Qualcomm Inc (QCOM.O) reported a 40 percent slump in quarterly profit as its escalating patent battle with Apple Inc (AAPL.O) took a toll on its business. Shares of the company were down 2.3 percent at $55.40 after the bell on Wednesday. The chipmaker said its results took a hit as Apple...
LUXEMBOURG (Reuters) - The Court of Justice of the European Union (ECJ) heard arguments on Wednesday over whether to allow a class action suit against Facebook, brought by Austrian privacy activist Max Schrems - and about 25,000 other users across the globe. Schrems is claiming 500 euros ($576) in d...
WASHINGTON (Reuters) - The new head of a U.S. banking regulatory agency on Wednesday defended his predecessor's efforts to explore granting special federal charters to startup online lenders. The Office of the Comptroller of the Currency (OCC) has been facing pressure from state regulators ever sinc...
WASHINGTON (Reuters) - A U.S. House panel on Wednesday approved a sweeping proposal by voice vote to allow automakers to deploy up to 100,000 self-driving vehicles without meeting existing auto safety standards and bar states from imposing driverless car rules. Representative Robert Latta, a Republi...
Maybe some of you missed this amid all the breach news recently (I know I did), but Trump International Hotels Management LLC last week announced its third credit-card data breach in the past two years. I thought it might be useful to see these events plotted on a timeline, because it suggests that ...
Maybe some of you missed this amid all the breach news recently (I know I did), but Trump International Hotels Management LLC last week announced its third credit-card data breach in the past two years. I thought it might be useful to see these events plotted on a timeline, because it suggests that ...
(Reuters) - Tesla Inc (TSLA.O) said SolarCity co-founder Peter Rive is leaving the company, eight months after the electric car maker bought the biggest U.S. residential solar panel maker. SolarCity was founded by Peter Rive and his younger brother Lyndon in 2006 with financial backing from their co...
(Reuters) - Facebook Inc plans to launch a subscription-based news product, and will begin initial tests in October, TheStreet reported on Tuesday, citing the social media company's news partnerships head Campbell Brown at a conference. The feature is likely to allow publishers to create a paywall o...
PRAGUE (Reuters) - A Czech regional court on Wednesday reinstated its ban preventing ride-hailing service Uber from operating in Brno, the country's second-largest city, the court spokeswoman said. The court had already issued an injunction in April after the Brno city council argued Uber drivers sh...
PARIS (Reuters) - EU judges will have to decide whether Google has to remove certain web search results globally to comply with a previous privacy ruling, after France's supreme administrative court referred the issue to the top EU court on Wednesday. Google has gone head-to-head with the French dat...
LONDON (Reuters) - The Bank of England has widened access to Britain's interbank payments system to increase competition from new fintech firms in the financial system, where the "Big Four" high street banks have long dominated. The BoE flagged the plans in May and on Wednesday published a detailed ...
(Reuters) - Comcast Corp's (CMCSA.O) NBC News is launching a twice-per-day news show on Snapchat, the company said on Wednesday, part of its push to attract younger viewers who tend to watch TV on mobile devices. Comcast's NBCUniversal invested $500 million in Snapchat owner Snap Inc (SNAP.N) during...
(Reuters) - iPhone chip supplier Qualcomm Inc faces a fresh set of antitrust allegations from a group of four companies that assemble the iPhone and other products on behalf of Apple Inc. Foxconn parent Hon Hai Precision Industry Co, Wistron Corp, Compal Electronics Inc and Pegatron Corp alleged tha...
SAN FRANCISCO (Reuters) - Google on Wednesday announced an overhaul of its search app on mobile phones to include a personalized feed of links about hobbies, travel, sports and other topics, a move that puts the search company into more direct competition with social networks such as Facebook. Googl...
TOKYO (Reuters) - Toshiba Corp said it resumed blocking access by Western Digital Corp to data at their memory chip joint venture, amid a feud over the Japanese company's planned auction of the chip business. Toshiba is counting on the sale of the chip business to cover billions of dollars in cost o...
(Reuters) - General Motors Co (GM.N) and Japan's Softbank Group Corp (9984.T) are among the latest investors in Nauto, a Silicon Valley startup developing software for self-driving vehicles. Nauto, based in Palo Alto, said on Tuesday it closed a $159 million Series B funding round, led by Softbank a...
SAN FRANCISCO (Reuters) - Amazon.com Inc (AMZN.O) has done away with a controversial clause in its cloud computing contracts that prohibited customers from suing the company over patent infringement, according to an updated version of the Amazon Web Services customer agreement released on Thursday. ...
WASHINGTON (Reuters) - Facebook Inc (FB.O), Alphabet Inc's Google (GOOGL.O), Apple Inc (AAPL.O) and other major technology firms are largely absent from a debate over the renewal of a broad U.S. internet surveillance law, weakening prospects for privacy reforms that would further protect customer da...





