Activision raises full-year forecast, third quarter revenue tops estimates

(Reuters) - Activision Blizzard Inc reported higher-than-expected revenue for the third quarter, boosted by the success of its "World of Warcraft: Legion" and "Overwatch" videogames as well as its acquisition of "Candy Crush" mobile game-maker King.

Fitbit selloff spreads to GoPro ahead of quarterly report

A GoPro device featuring 16 cameras, to be used with Google's ''Jump,'' to provide viewers with 360-degree video, is shown during the Google I/O developers conference in San Francisco, California May 28, 2015. REUTERS/Robert Galbraith/File Photo

Fintech firms pose no risk to financial system G20 watchdog says

LONDON (Reuters) - Financial technology firms seeking to shake-up traditional banking pose no immediate risk to the financial system although their development needs to be carefully monitored, a global watchdog said on Thursday.

Goldman, JPMorgan, Morgan Stanley defeat appeal over Facebook IPO

A man stands outside of the St. Regis hotel holding a pamphlet of information on investing in the upcoming IPO of Facebook in New York May 10, 2012. REUTERS/Lucas Jackson

Renault-Nissan's Ghosn says mini-hybrids could compete in Europe

PARIS (Reuters) - Renault-Nissan's new gasoline-electric hybrid technology would be competitive in Europe, Chief Executive Carlos Ghosn said on Thursday, as carmakers turn away from diesel for smaller vehicles

JPMorgan plants digital payment flag at Wal-Mart

A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/Files

Google formally rejects EU antitrust charges, says evidence is lacking

A man holds his smartphone which displays the Google home page, in this picture illustration taken in Bordeaux, Southwestern France, August 22, 2016. REUTERS/Regis Duvignau

Drop in Facebook's stock makes for good time to connect: analysts

A man poses with a magnifier in front of a Facebook logo on display in this illustration taken in Sarajevo, Bosnia and Herzegovina, December 16, 2015. REUTERS/Dado Ruvic/Illustration/File Photo

Fitbit needs new hit for shares to regain health

(Reuters) - Fitbit Inc sports a catchy tagline: "Find your Fit". Analysts have a suggestion for the company: "Find your next hit".

Huawei launches new premium phone that can learn

MUNICH, Germany (Reuters) - Huawei Technologies [HWT.UL] took the wraps of a new premium phone on Thursday, adding a new artificial intelligence feature it hopes will help it close the gap with Apple and market leader Samsung, which is reeling from scrapping its flagship phone.

Chipmaker Lattice Semiconductor to be bought by Canyon Bridge

(Reuters) - Programmable chipmaker Lattice Semiconductor Corp said on Thursday that it is being bought by private equity buyout firm Canyon Bridge Capital Partners for $1.3 billion, including debt.

Renault eyes $8,000 electric car for China

PARIS (Reuters) - Renault's low cost electric car program is aiming for a price tag of $8,000 or less after Chinese incentives, Chief Executive Carlos Ghosn said on Thursday.

Thai Kasikornbank, IBM join forces on blockchain network

BANGKOK (Reuters) - Thailand's Kasikornbank Pcl has joined with the Thai unit of International Business Machines Corp to develop blockchain services in a bid to save costs and speed up transaction process, the companies said on Thursday.

Alphabet's Google moves to upgrade app store

SAN FRANCISCO (Reuters) - Alphabet Inc's Google is redoubling efforts to help developers of Android mobile apps build their businesses as concerns mount that the app economy has reached saturation.

China's Lenovo swings to second-quarter profit on property sale

HONG KONG (Reuters) - China's Lenovo Group Ltd , the world's largest personal computer (PC) manufacturer by shipments, on Thursday said it returned to profit in its second fiscal quarter, beating analyst estimates, due primarily to gains from an asset sale.

Samsung Electronics says reviewing ways to limit Note 7 environment impact

An exchanged Samsung Electronics' Galaxy Note 7 is seen at company's headquarters in Seoul, South Korea, October 13, 2016. REUTERS/Kim Hong-Ji

U.S. Commerce chief warns against China semiconductor investment binge

U.S. Commerce Secretary Penny Pritzker speaks during an interview with Reuters in Bogota, Colombia, October 20, 2016. REUTERS/Felipe Caicedo

Qualcomm reports better-than-expected quarterly revenue

The Qualcomm logo is seen on one of its many buildings in San Diego, California, U.S., November 2, 2016. REUTERS/Mike Blake

Facebook reports better-than-expected rise in revenue

(Reuters) - Facebook Inc reported a 55.8 percent rise in quarterly revenue, beating analysts' estimates, as its mobile-advertising sales soared.

Fitbit's holiday-quarter sales forecast misses estimates, shares plunge

(Reuters) - Wearable fitness device maker Fitbit Inc reported a lower-than-expected quarterly revenue and gave a current-quarter revenue forecast that was well below estimates as it faces stiff competition from rival device makers.