(Reuters) - Snapchat owner Snap Inc on Tuesday reported surging growth in users and revenue in its latest quarter, reviving hopes that it can survive competition with Facebook Inc’s Instagram and sending its shares up more than 20 percent. Investor enthusiasm for the instant messaging applicat...
WASHINGTON (Reuters) - The two people who hacked ride-hailing firm Uber’s data in 2016 were in Canada and Florida at the time, a company security executive told a U.S. congressional committee on Tuesday. About 25 million people whose data was compromised in the breach live in the United States...
(Reuters) - Snap Inc (SNAP.N) surprised Wall Street on Tuesday with a rebound in user growth for its Snapchat messaging app, showing resilience amid competition with Facebook Inc’s (FB.O) Instagram and sending shares up nearly 30 percent. Paired with higher-than-expected revenue and improved m...
(Reuters) - Snap Inc (SNAP.N) said on Tuesday it added more users than expected to its Snapchat messaging app as it fights to fend off competition from Facebook Inc’s (FB.O) Instagram, sending it shares up by nearly 30 percent. Snapchat’s daily active users rose to 187 million in the qua...
SAN FRANCISCO (Reuters) - Former Uber Chief Executive Officer Travis Kalanick testified at trial on Tuesday that he believed Uber was lagging in self-driving car development and came up with a plan to hire a star engineer from rival Waymo to catch up with competitors. Kalanick’s testimony in S...
(Reuters) - Snap Inc (SNAP.N) said on Tuesday it added more users than expected to its Snapchat messaging app as it fights to fend off competition from Facebook Inc’s (FB.O) Instagram. Snapchat’s daily active users rose to 187 million in the quarter ended Dec. 31 from 178 million in the ...
WASHINGTON (Reuters) - The two individuals behind the 2016 data breach at Uber Technologies Inc [UBER.UL] were found to be in Canada and Florida, an Uber cybersecurity executive told the U.S. Congress on Tuesday. About 25 million users affected by the breach are users located in the United States, J...
SAN FRANCISCO (Reuters) - Former Uber Chief Executive Officer Travis Kalanick testified at a high-stakes trial on Tuesday and publicly addressed for the first time allegations by Alphabet Inc’s (GOOGL.O) Waymo that Uber stole its self-driving car technology. In testimony in San Francisco feder...
WASHINGTON (Reuters) - U.S. regulators may ask Congress to pass legislation to improve oversight of virtual currencies like bitcoin amid concerns about the risks posed by the emerging asset class, the head of the Securities and Exchange Commission said on Tuesday. The comments by SEC Chairman Jay Cl...
WASHINGTON/SAN FRANCISCO (Reuters) - Apple Inc (AAPL.O) has seen “strong demand” for replacement iPhone batteries and may offer rebates for consumers who paid full price for new batteries, the company said in a Feb. 2 letter to U.S. lawmakers made public on Tuesday. Apple confirmed in De...
WASHINGTON (Reuters) - Apple Inc (AAPL.O) is seeing “strong demand” for replacement iPhone batteries and disclosed it is considering offering rebates for consumers who paid full price for new batteries, the company said in a February 2 letter to U.S. lawmakers made public Tuesday. Apple ...
WASHINGTON (Reuters) - Digital currencies such as bitcoin were in the spotlight again on Tuesday as lawmakers in the U.S. Senate questioned top markets watchdogs over how to better regulate the highly volatile and risky emerging asset class. Christopher Giancarlo, chairman of the Commodity Futures T...
(Reuters) - Apple Inc will build its second data center in China at Ulanqab City in the Inner Mongolia Autonomous Region, the official Xinhua news agency reported on Tuesday, citing the local government. As Apple's first data center in north China, it would commence operation in 2020 and offer iClou...
NEW YORK (Reuters) - Banking regulators of seven U.S. states have agreed to simplify the way financial technology companies can apply for licenses, in a bid to make it easier for businesses to offer their services nationwide. The states of Georgia, Illinois, Kansas, Massachusetts, Tennessee, Texas a...
When you realize how easy it is for thieves to compromise an ATM or credit card terminal with skimming devices, it’s difficult not to inspect or even pull on these machines when you’re forced to use them personally — half expecting something will come detached. For those unfamiliar...
When you realize how easy it is for thieves to compromise an ATM or credit card terminal with skimming devices, it’s difficult not to inspect or even pull on these machines when you’re forced to use them personally — half expecting something will come detached. For those unfamiliar...
SAN FRANCISCO (Reuters) - Uber’s ex-Chief Executive Travis Kalanick must subdue his notorious hot-headed demeanor and calmly withstand hostile questioning to appear sympathetic to jurors when he is cross-examined by Alphabet Inc’s (GOOGL.O) Waymo as early as Tuesday during a trade-secret...
SINGAPORE (Reuters) - Nissan Motor Co (7201.T) said on Tuesday it will launch the new version of its all-electric vehicle Leaf in seven markets in Asia-Pacific, and explore bringing it to two more, in its latest push to boost sales of electrified vehicles. Lower-emission vehicles have become a major...
ZURICH (Reuters) - High-flying Austrian chipmaker AMS (AMS.S) is looking for more acquisitions to accelerate growth and increase its leading position in sensors used in phones, automobiles and industrial gear, Chief Executive Alexander Everke said on Tuesday. “Any size of deal is possible, I a...
SEOUL (Reuters) - Samsung Group heir Jay Y. Lee’s release from jail on bribery charges has some in South Korea hoping for new investments and jobs from the massive conglomerate, despite ongoing concerns over the cozy ties between government and business leaders. Dubbed the “Republic of S...
