Pinterest shares plummet on disappointing 2019 revenue forecast

Pinterest Inc on Thursday forecast 2019 revenue broadly in line with Wall Street targets, disappointing investors who had expected more from the freshly public, high flying stock, and sending its shares down 16 percent.

Musk to review all of Tesla's expenses in new cost cutting plan

Tesla Inc Chief Executive Officer Elon Musk told employees on Thursday that he will increase scrutiny of the company's expenses in his latest initiative to cut costs at the electric car maker.

Amazon close to buying a stake in UK's Deliveroo: Sky News

Amazon.com Inc is in talks to invest hundreds of millions of pounds in UK food delivery app Deliveroo as part of a $575 million fundraising, Sky News reported on Thursday, citing sources.

Consumer bodies seek to force Alibaba portal to honor EU shoppers' rights

Consumer bodies from Belgium, France, Italy, the Netherlands, Portugal and Spain on Friday urged their national consumer protection agencies to act against Alibaba's online shopping portal for allegedly setting unfair terms for EU users.

U.S. Commerce Department publishes Huawei export blacklist order

The U.S. Commerce Department on Thursday formally placed Huawei Technologies Co Ltd and 68 affiliates in more than two dozen countries on its so-called "Entity List" - a move that bans the telecom company from buying parts and components from American firms without U.S. government approval.

Baidu forecasts quarterly revenue below estimates, shares fall

Chinese search engine operator Baidu Inc on Thursday reported lower-than-expected first-quarter earnings and forecast quarterly revenue below estimates, sending its shares down 8% in extended trading.

Pinterest forecasts 2019 revenue in line with estimates, shares fall

Pinterest Inc forecast full-year revenue mostly in line with analysts' estimates even after reporting a 54% jump in sales in its first quarterly earnings since going public, as the online scrapbook company added more users globally.

Nvidia revenue forecast beats estimates; shares rise

Nvidia Corp reported a better-than-expected quarterly profit and forecast second-quarter revenue above analysts' estimates, boosted by higher demand for its gaming chips, sending its shares up 6% in extended trading.

Chip gear maker Applied Materials results beat estimates, shares rise

U.S. chip gear maker Applied Materials Inc's reported better-than-expected quarterly revenue and forecast third-quarter revenue and profit above estimates on Thursday, allaying investor concerns about slowing semiconductor demand.

Chip gear maker Applied Materials' revenue beats estimates

U.S. chip gear maker Applied Materials Inc reported quarterly revenue that beat Wall Street estimates on Thursday, easing some concerns about slowing semiconductor demand.

Third fatal Tesla Autopilot crash renews questions about system

Tesla Inc's Autopilot system was engaged during a fatal March 1 crash of a 2018 Model 3 in Delray Beach, Florida, in at least the third fatal U.S. crash reported involving the driver-assistance system, the National Transportation Safety Board said on Thursday.

Huawei ban clouds U.S.-China trade talks, tech sector

A U.S. bid to block China's Huawei Technologies from buying vital American technology threw into question sales from some of the largest tech companies and drew a sharp rebuke on Thursday from Beijing, which warned it could hurt trade talks.

Retail chiefs dismiss AI job threat, promise more training

Executives from major global retailers played down the threat to employment in stores from artificial intelligence and automation on Thursday and pledged more training to help staff adopt more high-value tasks as machines take over their work.

Factbox: U.S. executives warn consumers will pay for Trump's tariffs

Some executives from U.S. companies that sell clothing, food and other products warn that costs related to the latest round of tariffs on goods from China will be passed along to consumers in the form of higher prices.

Europe must maintain own course after U.S. blacklisting of Huawei: Germany

German Chancellor Angela Merkel and the powerful BDI industry association distanced themselves on Thursday from the U.S. government's decision to put Chinese telecom equipment giant Huawei Technologies on a blacklist.

Canada's Trudeau pledges 'consequences' for disinformation on online platforms

Canadian Prime Minister Justin Trudeau on Thursday promised that efforts to regulate social media in Canada would include "meaningful financial consequences" for online platforms that fail to counter disinformation.

China warns U.S. move against Huawei could hurt trade talks

The Trump administration's decision to sanction and potentially cripple Chinese telecoms giant Huawei Technologies Co Ltd garnered a sharp rebuke on Thursday from Beijing, which warned that the move could damage trade talks.

U.S. commerce secretary says Huawei order effective Friday: interview

U.S. Commerce Secretary Wilbur Ross said on Thursday that an order blacklisting Chinese telecoms giant Huawei Technologies Co Ltd will go into effect on Friday.

Huawei to challenge U.S. export sanction which it says will harm America

Huawei Technologies said on Thursday it will challenge a decision by the U.S. Commerce Department to add the Chinese company to a export blacklist, warning the decision "will do significant economic harm to the American companies with which Huawei does business."

Microsoft, Sony partner on streaming games, chips and AI

Microsoft Corp and Sony Corp on Thursday said they struck a strategic partnership in which Sony would use Microsoft's cloud for streaming games and media and the two would work together to develop new image sensors.

Huawei to seek remedies after being blacklisted by United States

Huawei said on Thursday that it would seek ways to resolve the issue after the U.S. Commerce department blacklisted the Chinese telecoms equipment maker the previous day.

Facebook says removes 265 'fake accounts' linked to Israel

Facebook said on Thursday it had removed 265 Facebook and Instagram accounts, pages, groups and events linked to Israel due to what it called "inauthentic behavior" targeting users in Southeast Asia, Latin America and Africa.

Facebook says removes 265 'fake accounts' linked to Israeli firm

Facebook said on Thursday it had removed 265 Facebook and Instagram accounts, pages, groups and events linked to an Israeli-based firm due to what it called "inauthentic behavior" targeting users in Southeast Asia, Latin America and Africa.

Corning says it expects no impact from U.S. ban sales to Huawei

Corning Inc on Thursday said it does not believe that a U.S. order potentially restricting sales of components to Chinese telecoms gear maker Huawei Technologies Co Ltd will have any material impact on its overall financial performance.

Tesla's Autopilot system was engaged during fatal Florida crash in March: NTSB

The National Transportation Safety Board said on Thursday that Tesla Inc's Autopilot feature was engaged during a fatal March 1 crash of a 2018 Model 3 in Delray Beach, Florida, in the latest serious crash reported involving the driver-assistance system.

Amid trade, Huawei furors, U.S. House panel launches China 'deep dive'

The U.S. House of Representatives Intelligence Committee launched on Thursday a "deep dive" focus on China this year and next, one of several moves by U.S. lawmakers focusing on what they see as troublesome activities by Beijing.

Macron takes aim at U.S. in push for fairer tech industry

President Emmanuel Macron on Thursday took a swipe at the freewheeling U.S. business model, saying the private sector had too much influence on U.S. policy and Europe should offer a middle way between China's state control and U.S. laissez-faire.

SoftBank leads funding round for Berlin travel startup GetYourGuide

Berlin travel startup GetYourGuide said on Thursday it had raised nearly $500 million from investors led by SoftBank's Vision Fund to expand its online offering of tours and activities that has won a following among millennials.

Huawei's $105 billion business at stake after U.S. broadside

The latest U.S. broadside against Huawei that puts the Chinese firm on an exports blacklist threatens to rattle the global tech supply chain, linked closely to the $105 billion business of the world's top supplier of telecoms network equipment.

Amazon faces backlash in India for selling shoes, rugs with images of Hindu gods

Amazon.com faced a social media backlash in India on Thursday after toilet seat covers and other items with images of Hindu gods were spotted on the U.S. retailer's website, making #BoycottAmazon the country's top trending topic on Twitter.