(Reuters) - Uber Technologies Inc [UBER.UL] narrowed its fourth-quarter loss to $1.1 billion from a loss of $1.46 billion in the previous quarter, a person familiar with the matter told Reuters. The ride-hailing company’s quarterly revenue rose 11.8 percent to $2.2 billion from its previous qu...
SAN FRANCISCO (Reuters) - Airbnb Inc’s year-old tours and activities business is booking tens of thousands of travelers every month and is likely to be profitable late next year, the company said on Tuesday, highlighting success in its efforts to grow beyond renting rooms and homes. More than ...
(Reuters) - Xerox Corp (XRX.N) shareholder Darwin Deason asked a court on Tuesday to block the company’s merger with Japan’s Fujifilm Holdings Corp (4901.T), claiming the U.S. photocopier maker’s board failed shareholders by approving a deal that undervalues the company. The lawsui...
(Reuters) - China’s Baidu Inc reported a 29.3 percent jump in quarterly revenue on Tuesday, helped by strong performance in its core search engine business. Net income attributable to Baidu rose to 4.16 billion yuan ($656.4 million) in the fourth quarter ended Dec. 31, from 4.13 billion yuan a...
SAN FRANCISCO (Reuters) - Twitter Inc Chief Executive Jack Dorsey said on Tuesday that he saw value in the social media network remaining an independent company, downplaying recent speculation by analysts that it could be an acquisition target. “I’ve always thought that there’s a l...
Microsoft today released a bevy of security updates to tackle more than 50 serious weaknesses in Windows, Internet Explorer/Edge, Microsoft Office and Adobe Flash Player, among other products. A good number of the patches issued today ship with Microsoft’s “critical” rating, meanin...
Microsoft today released a bevy of security updates to tackle more than 50 serious weaknesses in Windows, Internet Explorer/Edge, Microsoft Office and Adobe Flash Player, among other products. A good number of the patches issued today ship with Microsoft’s “critical” rating, meanin...
NEW YORK (Reuters) - New York state’s highest court ruled on Tuesday that Facebook users may be required to turn over photos and other information that are relevant to litigation, even if they are shielded by “privacy” settings. By a 7-0 vote, the Court of Appeals reinstated a tria...
(Reuters) - Apple Inc Chief Executive Tim Cook downplayed a suggestion that the company might issue a special dividend to shareholders with some of the $285 billion in cash that the company is now able to bring back from overseas. At an annual shareholder meeting at Apple Park in Cupertino on Tuesda...
(Reuters) - Apple Inc Chief Executive Tim Cook downplayed a suggestion that the company might issue a special dividend to shareholders with some of the $285 billion in cash that the company is now able to bring back from overseas. At an annual shareholder meeting at Apple Park in Cupertino on Tuesda...
(Reuters) - Xerox Corp (XRX.N) shareholder Darwin Deason asked courts on Tuesday to block the company’s merger with Japan’s Fujifilm Holdings (4901.T), claiming board members at the U.S. photocopier maker had failed in their duty to shareholders. Deason and fellow shareholder Carl Icahn ...
WASHINGTON (Reuters) - Leaders of the U.S. Senate Intelligence Committee said on Tuesday they were concerned about what they described as China’s efforts to gain access to sensitive U.S. technologies and intellectual property through Chinese companies with government ties. Senator Richard Burr...
MOSCOW (Reuters) - Previously undetected malware directed at users of the desktop version of the messaging app Telegram has been discovered by the Russian security firm Kaspersky Lab, Kaspersky said on Tuesday. The malicious software has been used to target Russian users since March 2017, Kaspersky ...
SAN FRANCISCO (Reuters) - Gmail is about to get dynamic. Alphabet Inc’s (GOOGL.O) Google on Tuesday plans to demonstrate a software programming system that would enable emails to feature continuously updating information and greater interactivity. Users could see automatically updated flight i...
FRANKFURT (Reuters) - Daimler AG, owner of the Mercedes-Benz brand, warned that a fall in demand for diesel cars and a switch to electric vehicles could force it to prop up its supplier base.
TEL AVIV (Reuters) - The British embassy in Israel said on Tuesday it has launched a program designed to help incorporate Israeli digital health technology into the UK and its National Health Service (NHS).
MAGNITOGORSK, Russia (Reuters) - Hackers stole more than 1 billion roubles ($17 million) from Russian banks using the Cobalt Strike security-testing tool in 2017, a central bank official said on Tuesday. Russia is under intense scrutiny over cyber crime following allegations hackers backed by Moscow...
(Reuters) - International Business Machines Corp sued its former executive Lindsay-Rae McIntyre, who was named Microsoft Corp’s new chief diversity officer over the weekend, alleging violation of a one-year non-competitive agreement. McIntyre, who “abruptly resigned to compete against IB...
What Is CEO Fraud? Cyber criminals are sneaky—they are constantly coming up with new ways to get what they want. One of their most effective methods is to target people like you. While cyber attackers have learned that unaware people are the weakest link in any organization, they have forgotte...
(Reuters) - Xerox Corp’s plan to sell itself to Japan’s Fujifilm Holdings has come under further pressure with Carl Icahn and Darwin Deason urging fellow shareholders to oppose the $6.1 billion deal. The activist shareholders, who own a combined 15 percent of the U.S. printer and copier ...
