Amazon.com Inc and General Motors Co are in talks to invest in Rivian Automotive LLC in a deal that would value the U.S. electric pickup truck manufacturer at between $1 billion and $2 billion, people familiar with the matter said on Tuesday.
Akamai Technologies Inc reported better-than-expected quarterly earnings and forecast current-quarter profit above estimates, driven by strong demand for its cyber-security and media content delivery services.
Activision Blizzard Inc forecast full-year profit and revenue below analysts' estimates on Tuesday and said would invest more in developing its game franchises as the company faces intense competition from games such as "Fortnite".
Japanese map platform developer Dynamic Map Platform plans to acquire Detroit-based Ushr for nearly 20 billion yen ($181.1 million) in a bid to cement a stronger position in the burgeoning self driving cars market, the Nikkei newspaper said.
Amazon.com Inc and General Motors Co are in talks to invest in Rivian Automotive LLC in a deal that would value the U.S. electric pickup truck manufacturer at between $1 billion and $2 billion, people familiar with the matter said on Tuesday.
Amazon.com Inc and General Motors Co are in talks to invest in Rivian Automotive LLC in a deal that will value the U.S. electric pickup truck manufacturer at between $1 billion and $2 billion, people familiar with the matter told Reuters on Tuesday.
Activision Blizzard Inc reported weaker-than-expected fourth-quarter revenue and forecast current-quarter revenue and profit below analysts' estimates on Tuesday, as it faces competition from "Fortnite" and invests more in developing its games.
Akamai Technologies Inc reported an 8 percent rise in fourth-quarter revenue on Tuesday, driven by stronger demand for both its cyber-security services and its traditional business of speeding up media content delivery on the web.
Several publications are resisting Apple Inc's plans to keep about half of the revenue from its upcoming news subscription service, the Wall Street Journal reported on Tuesday, citing the iPhone maker's pitch to some news organizations.
IBM Corp announced on Tuesday that some of its Watson artificial intelligence services will now work on rival cloud computing providers as it seeks to win over customers that want greater flexibility in how they store and analyze data.
Global esports revenues will hit $1.1 billion in 2019, up 27 percent since last year amid ballooning revenues from advertising, sponsorship and media rights to competitive video gaming, a report said on Tuesday.
Shares of Electronic Arts Inc jumped 8.5 percent on Tuesday after the videogame maker said it signed up 25 million players for its new battle royale game "Apex Legends" in a week, setting it up for a showdown with Epic Games' wildly popular "Fortnite".
Interior Minister Horst Seehofer has thrown his weight behind a proposal to reform Germany's telecommunications law to toughen security requirements on foreign network vendors, the RND group of newspapers reported on Tuesday.
Cyber security firm Symantec Corp said on Tuesday it acquired Israel's Luminate Security in an effort to boost its security systems for cloud computing.
Russian lawmakers backed tighter Internet controls on Tuesday to defend against foreign meddling in draft legislation that critics warn could disrupt Russia's Internet and be used to stifle dissent.
Indian activists have petitioned a parliamentary panel to summon the heads of U.S. tech firms including Facebook and Alphabet Inc's Google and question them on issues ranging from tax compliance to data privacy.
Lyft Inc founders are preparing to take near-majority voting control of the ride-hailing company when it goes public this year, the Wall Street Journal reported on Tuesday, citing sources familiar with the matter.
Shares of Electronic Arts Inc jumped 8 percent on Tuesday after the videogame maker said 25 million players signed up for its new battle royal game "Apex Legends".
Email provider VFEmail has suffered what the company is calling “catastrophic destruction” at the hands of an as-yet unknown intruder who trashed all of the company’s primary and backup data in the United States. The firm’s founder says he now fears some 18 years’ worth...
The German government will consult further with telecoms operators and vendors before deciding whether to let Chinese firms such as Huawei Technologies participate in building future 5G mobile networks, a senior source said.
