GoDaddy boots white supremacist web site after offensive post

(Reuters) - The web hosting company GoDaddy said on Sunday it had given The Daily Stormer 24 hours to move its domain to another provider after the extremist web site posted an article denigrating the woman who was killed at a white nationalist rally in Virginia. "We informed The Daily Stormer that ...

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Hackers release more HBO episode shows: report

(Reuters) - Hackers have released more unaired episodes of popular HBO shows but the latest leak did not include anything on the hit series "Game of Thrones," the Associated Press reported on Sunday. The hackers, who broke into HBO's computer network and have released stolen information for several ...

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Uber investors seek to oust Benchmark after 'destructive' lawsuit: report

SAN FRANCISCO (Reuters) - A lawsuit filed by investor Benchmark Capital against ousted Uber Chief Executive Travis Kalanick has raised the ire of three investors who on Friday asked the venture firm to divest its shares and step down from the ride-services company's board, according to an email publ...

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Facebook OKs local firm's launch of Moments-like app in China: New York Times

(Reuters) - Facebook Inc, whose social media platform is blocked in China, authorized a local company to launch a photo-sharing application in the country in May, the New York Times reported, citing a person with knowledge of the company's plans. The app, called Colorful Balloons, is similar to Face...

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Bond investors seen giving Tesla a $1.8 billion endorsement

NEW YORK (Reuters) - Bond investors on Friday were poised to give a $1.8 billion boost to Tesla Inc's balance sheet by snapping up the electric car maker's first foray into the U.S. junk bond market, where yield-hungry investors have raced to lock in relatively higher returns. Those robust returns, ...

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Cash-strapped SoundCloud receives new funding; CEO to step aside

FRANKFURT (Reuters) - SoundCloud has received a "substantial" new round of investment, the company said on Friday, insulating the popular online music streaming service from potentially running out of cash later this year, after laying off 40 percent of its staff in July. The company said in a blog ...

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Russia-linked hackers targeted hotel guests across Europe: security firm

FRANKFURT (Reuters) - A cyber-spying group with suspected links to Russian military intelligence was probably behind a campaign targeting hotel guests in eight mostly European countries last month, researchers at security firm FireEye said on Friday. The espionage group, dubbed APT 28, sought to ste...

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Snap shares slide as user growth miss unnerves investors

(Reuters) - Snap Inc's (SNAP.N) shares fell more than 11 percent on Friday in premarket trading after messaging app Snapchat's daily active user growth missed expectations for the second quarter in a row. Snapchat's second-quarter daily active users rose 21 percent to 173 million from an year earlie...

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HBO offers $250,000 as 'bounty payment' to hackers: Variety

(Reuters) - The hackers behind HBO's recent data breach have leaked an email in which the U.S. cable channel offered them $250,000 as a "bounty payment," Hollywood trade paper Variety reported on Thursday. The message from HBO, the Time Warner Inc (TWX.N) cable unit that broadcasts "Game of Thrones,...

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Lithuanian court upholds extradition of man to U.S. in $100 million fraud case

VILNIUS (Reuters) - Lithuania's top appeals court on Friday upheld a decision to extradite to the United States a Lithuanian man accused of defrauding Facebook and Google out of more than $100 million. According to a U.S. indictment made public in March, Evaldas Rimasauskas is charged with wire frau...

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Amazon looks to new food technology for home delivery

SAN FRANCISCO (Reuters) - Amazon.com Inc is exploring a technology first developed for the U.S. military to produce tasty prepared meals that do not need refrigeration, as it looks for new ways to muscle into the $700 billion U.S. grocery business. The world's biggest online retailer has discussed s...

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Netflix says in discussions with Disney over Marvel, 'Star Wars' films

LOS ANGELES (Reuters) - Netflix Inc (NFLX.O) is in "active discussions" with Walt Disney Co (DIS.N) about keeping Marvel and "Star Wars" films after 2019 when new Disney and Pixar movies will stop appearing on the streaming service, a senior Netflix executive said on Thursday. Disney announced on Tu...

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Chinese startup Toutiao raising at least $2 billion in funding round: sources

HONG KONG (Reuters) - Chinese news aggregator Toutiao, backed by Sequoia Capital and CCB International, is raising at least $2 billion at a valuation of over $20 billion in its latest funding round, people familiar with the matter told Reuters. The fundraising comes after the startup raised $1 billi...

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China cyber authority says Baidu, Tencent, Weibo platforms under investigation

BEIJING (Reuters) - China's top cyber authority said on Friday it is investigating several of China's most popular internet platforms over breaches of cyber laws. The investigation includes China's most popular social media platforms, Tencent Holdings Ltd's WeChat and Weibo Corp, as well as Baidu In...

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Google cancels staff meeting over fears of online harassment

(Reuters) - Alphabet's (GOOGL.O) Google on Thursday canceled a company-wide meeting scheduled to discuss the controversy over a memo opposing company diversity policies, citing concerns about attacks on employees from far-right internet commenters, according to an email from Google's chief executive...

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Snap, Blue Apron fuel worries about overheated IPOs

NEW YORK/SAN FRANCISCO (Reuters) - Snap Inc and Blue Apron Holdings Inc's dismal quarterly reports on Thursday, which sent their shares slumping, join a growing list of technology startups failing to live up to sky-high expectations set ahead of their initial public offerings. There are growing conc...

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Nvidia's quarterly revenue beats estimates on strong chip demand

(Reuters) - Nvidia Corp reported better-than-expected quarterly revenue and profit on Thursday helped by strong demand for its chips used in data centers and gaming devices such as Nintendo Co Ltd's Switch. Nvidia shares were down 5 percent in extended trading. The company's shares have surged more ...

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Uber investor sues to force former CEO Kalanick off board

SAN FRANCISCO (Reuters) - Venture capital firm Benchmark Capital is suing former Uber Chief Executive Officer Travis Kalanick to force him off the board of the ride services company and rescind his ability to fill three board seats, according to the lawsuit. The lawsuit filed Thursday accuses Kalani...

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Toyota, Intel, others to form auto big data consortium

(Reuters) - Toyota Motor Corp (7203.T), chipmaker Intel Corp (INTC.O) and other technology and auto companies are forming a consortium to create an ecosystem for big data used in connected cars, the Japanese automaker said on Thursday. Swiss telecom equipment maker Ericsson (ERICb.ST), Japanese auto...

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Snap posts lower-than-expected daily active users

(Reuters) - Snap Inc reported a lower-than-expected number of daily active users for Snapchat, its popular messaging app, for the second quarter as the company grapples with stiff competition from Facebook Inc. Snap said on Thursday its daily active users (DAUs) rose to 173 million in the quarter fr...

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Defense Secretary Mattis begins tech outreach with Amazon visit

MOUNTAIN VIEW, Calif. (Reuters) - U.S. Defense Secretary Jim Mattis kicked off his first official visit to the U.S. technology industry on Thursday with a tour of Amazon's headquarters in Seattle, the first stop on a two-day outreach campaign intended to highlight the Pentagon's commitment to tech i...

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Exclusive: Amazon in talks to offer event ticketing in U.S.- sources

NEW YORK/SAN FRANCISCO (Reuters) - Amazon.com Inc (AMZN.O) is seeking to partner with U.S. venue owners to sell event tickets, four sources have told Reuters, a move that could loosen Ticketmaster's powerful grip on the lucrative ticketing business. If Amazon moves ahead, it would represent the late...

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Uber's Graves stepping down from full-time job, stays on board

SAN FRANCISCO (Reuters) - Ride services company Uber Technologies Inc's [UBER.UL] head of operations, Ryan Graves, a long-time ally of former chief executive Travis Kalanick, is stepping down from his full-time job at the company, according to a copy of a letter from Graves seen by Reuters. Graves w...

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Consumers may buy fewer cars in areas served by Uber, Lyft: study

DETROIT (Reuters) - In areas served by Uber Technologies Inc, Lyft Inc and other ride services operate, consumers may buy fewer cars and take fewer trips, according to a new study released on Thursday. The study, compiled by the University of Michigan Transportation Research Institute, Texas A&M...

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Microsoft unveils technology to speed up blockchain and its adoption

NEW YORK (Reuters) - Microsoft Corp (MSFT.O) is working on technology that it believes can make blockchain-based systems faster and more private, as it looks to speed up use of the distributed database software by enterprises. The company said on Thursday that it had developed a system called Coco F...

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PayPal to expand lending offering with acquisition

NEW YORK (Reuters) - Payments firm PayPal Holdings Inc (PYPL.O) has agreed to acquire online lending company Swift Financial in a bid to expand its business that provides working capital to merchants. The acquisition will allow PayPal to offer loans to the larger businesses that process payments thr...

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Microsoft Surface devices fail on reliability: Consumer Reports

SAN FRANCISCO (Reuters) - The breakage rate for Microsoft Corp’s (MSFT.O) Surface devices is significantly worse than for other manufacturers' laptops and tablets, Consumer Reports said, adding that it was removing its "recommended" designation for Surface products. The non-profit publication ...

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Developers file antitrust complaint against Apple in China

BEIJING (Reuters) - A Chinese law firm has filed a complaint against Apple Inc (AAPL.O) on behalf of 28 local developers alleging the firm breached antitrust regulations. The complaint, lodged by Beijing-based Dare & Sure Law Firm, accuses Apple of charging excessive fees and removing apps from ...

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Buoyant bitcoin stirs crypto-bubble fears

LONDON (Reuters) - Bitcoin and other "cryptocurrencies" are big money, virtually as big as Goldman Sachs and Royal Bank of Scotland combined. The price of a single bitcoin hit an all-time high of above $3,500 this week, dragging up the value of hundreds of newer, smaller digital rivals in its wake. ...

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Kaspersky Lab to withdraw Microsoft antitrust complaints

SAN FRANCISCO (Reuters) - Moscow-based cyber security firm Kaspersky Lab said on Wednesday it would withdraw antitrust complaints made in Europe against Microsoft after the U.S. technology giant agreed to change how it delivers security updates to Windows users. Both companies simultaneously announc...

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