Twilio forecasts larger-than-expected loss, shares slump

(Reuters) - Cloud-based communication software maker Twilio Inc forecast a larger-than-expected adjusted loss for the full year, sending its shares down 30 percent in after-market trading.

Cyber security firm FireEye reports surprise rise in revenue

(Reuters) - Cyber security firm FireEye Inc reported a surprise 3.4 percent rise in quarterly revenue, helped by strength in its product subscription and services business.

Akamai posts 7.3 percent rise in quarterly revenue

(Reuters) - Akamai Technologies Inc, which helps speed up content delivery over the internet, reported a 7.3 percent rise in quarterly revenue as the company benefited from demand for its cloud security services.

Breach at Sabre Corp.’s Hospitality Unit

Breaches involving major players in the hospitality industry continue to pile up. Today, travel industry giant Sabre Corp. disclosed what could be a significant breach of payment and customer data tied to bookings processed through a reservations system that serves more than 32,000 hotels and o...

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Breach at Sabre Corp.’s Hospitality Unit

Breaches involving major players in the hospitality industry continue to pile up. Today, travel industry giant Sabre Corp. disclosed what could be a significant breach of payment and customer data tied to bookings processed through a reservations system that serves more than 32,000 hotels and o...

Continue reading

Microsoft unveils Windows 10 S for its Surface laptops

(Reuters) - Microsoft Corp on Tuesday unveiled Windows 10 S, a streamlined version of its popular operating system, geared toward low-cost laptops for students, as it tries to take share from Google's Chrome OS-run computers.

Wall St. eyes Apple and Facebook to fuel new leg of tech rally

SAN FRANCISCO (Reuters) - Apple and Facebook may expand their already outsized share of U.S. technology revenue when they report their earnings this week, as investors look for evidence to justify this year's U.S. stock market rally.

Privacy group sues NYPD for release of facial-recognition documents

WASHINGTON (Reuters) - A privacy group sued the New York Police Department on Tuesday to demand the release of documents related to its use of facial-recognition technology, which rights groups have criticized as discriminatory and lacking in proper oversight.

Despite record highs, fund managers globally remain underweight Apple

FILE PHOTO: An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, U.S., December 5, 2016. REUTERS/Brendan McDermid

Tesla executives listed as officers at materials recycling firm

(Reuters) - Two top Tesla Inc executives were listed as officers at a materials recycling company, Redwood Materials Inc, indicating possible ties between the companies.

T-Mobile to roll out 5G in U.S. in 2019

(Reuters) - T-Mobile US Inc, the No.3 U.S. wireless carrier, said on Tuesday it plans to roll out fifth-generation network (5G) in the United States in 2019.

New BC Partners-backed company to focus on data centers, cybersecurity

SAN FRANCISCO(Reuters) - Private equity firm BC Partners said it would turn the data center portfolio it acquired from CenturyLink for $2.8 billion on Tuesday into a new technology company called Cyxtera Technologies.

Samsung Electronics gets South Korea nod to test driverless car carrying its parts, software

SEOUL (Reuters) - Samsung Electronics Co Ltd has got permission from South Korean authorities to domestically test a driverless vehicle fitted with its electronic parts and software, as the tech giant aims to muscle into the automotive industry in search of a new growth driver.

Bitcoin soars above $1,400 to all-time high

LONDON (Reuters) - Bitcoin surged to an all-time high above $1,400 on Tuesday, after more than tripling in value over the past year, with its most recent rise attributed to strong demand in Japan, where the digital currency has been deemed a legal means of payment.

Infosys plans to hire 10,000 U.S. workers after Trump targets outsourcing firms

FILE PHOTO: An employee of Infosys stands at the front desk of its headquarters in Bengaluru, India, April 15, 2016. REUTERS/Abhishek N. Chinnappa/File Photo

Tencent steps up AI push with research lab in Seattle

Logos of Tencent are displayed at a news conference in Hong Kong, China March 22, 2017. REUTERS/Tyrone Siu

Twitter adds WNBA games, news shows, concerts in try for live viewers

FILE PHOTO: A 3D-printed logo for Twitter is seen in this picture illustration made in Zenica, Bosnia and Herzegovina on January 26, 2016. REUTERS/Dado Ruvic/Illustration/File Photo

Credit Suisse has deployed 20 robots within bank, markets CEO says

Switzerland's national flags fly beside the logo of Swiss bank Credit Suisse in Zurich, Switzerland April 24, 2017. REUTERS/Arnd Wiegmann

German project looks to home photovoltaic systems to help grid

FRANKFURT (Reuters) - Grid operator Tennet and solar panel maker Sonnen GmbH have launched a pilot project that will tap home photovoltaic (PV) systems to help iron out imbalances on Germany's power network.

Chipmaker AMD's quarterly loss narrows

(Reuters) - Chipmaker Advanced Micro Devices Inc reported a smaller quarterly loss on Monday, fueled by demand for its latest Ryzen processors and its graphics chips.