Nintendo shares fall as much as 5% after conservative guidance

Nintendo Co Ltd's shares fell as much as 5 percent in early Tokyo trading, a day after the gaming company offered conservative earnings guidance and urged caution on the roll-out of its Switch console in China.

Facebook files lawsuit against New Zealand company, three people

U.S. social media giant Facebook Inc on Thursday said it has filed a lawsuit in U.S. Federal court, against a company and three people in New Zealand, alleging the sale of fake engagement services on its Instagram photo-sharing platform.

Nintendo shares fall as much as 5% after conservative earnings guidance

Nintendo Co Ltd's shares fell as much as 5 percent in early Tokyo trading, a day after the gaming company offered conservative earnings guidance and urged caution on the roll-out of its Switch console in China.

Tesla's Elon Musk, SEC again ask for more time to reach deal over CEO's Twitter use

Tesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission on Thursday sought a second delay and requested to provide the court another joint submission on or before April 30, indicating whether they have reached an agreement to settle a dispute over Musk's use of Twitter, b...

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Uber, Didi slam Mexico City's new rules on ride-hailing, including cash ban

Uber, Didi Chuxing and other ride-hailing firms on Thursday criticized a host of new regulations of the sector in Mexico's capital city, which include a ban on cash fares that could exclude many potential customers who lack bank accounts.

Amazon raises stakes for rivals with one-day delivery goal after profit surge

Amazon.com Inc plans to deliver packages to members of its loyalty club Prime in just one day, instead of two days, part of a spending ramp-up that may curb near-term profits and will up the ante for retail rivals such as Walmart Inc.

Grubhub profit better than expected, shares soar

Grubhub Inc's reported a first-quarter profit on Thursday that topped Wall Street's view after the restaurant delivery service ramped up spending to woo restaurant partners and encourage customers to order more often and spend more.

Uber to kick off investor road show with IPO terms on Friday

Ride-hailing company Uber Technologies Inc will unveil terms for its initial public offering on Friday, telling investors it will seek to be valued at between $80 billion and $90 billion, according to people familiar with the matter.

T-Mobile U.S. profit beats estimates as it signs up more customers

T-Mobile US Inc first-quarter revenue and profit jumped from a year earlier, beating Wall Street's estimates, as competitive pricing lured new subscribers to its monthly cellphone plans.

New York investigating Facebook over storage of 'unauthorized' email contacts

New York Attorney General Letitia James said on Thursday she is investigating Facebook Inc's unauthorized storage of up to 1.5 million Facebook users' email contact databases, the latest privacy issue to affect the U.S. social media giant.

Amazon aims to bring one-day delivery to Prime members around the globe

Amazon.com Inc plans to deliver packages to members of its loyalty club Prime in just one day, instead of two days, part of a spending ramp-up that might curb future profits after a blockbuster first quarter.

Uber to kick off investor roadshow with IPO terms on Friday

Ride-hailing company Uber Technologies Inc will unveil terms for its initial public offering on Friday, telling investors it will seek to be valued at between $80 billion and $90 billion, according to people familiar with the matter.

Intel cuts forecast as China data center sales remain weak

Chipmaker Intel Corp on Thursday cut its full-year revenue forecast and missed analysts' estimates for first-quarter sales for its higher-margin data center business, sending its shares down as much as 7.5%.

Grubhub profit better than expected; shares jump 5.3%

Grubhub Inc's reported a first-quarter profit on Thursday that topped Wall Street's view after the restaurant delivery service ramped up spending to encourage customers to order more often and spend more.

Amazon more than doubles profit but signals more spending ahead

Amazon.com Inc on Thursday trounced first-quarter profit estimates as demand for its cloud and ad services soared, but the company indicated that bigger spending was in store that might limit its windfall.

Intel cuts full-year revenue forecast, misses on data-center sales

Chipmaker Intel Corp cut its full-year revenue forecast on Thursday and missed analysts' estimates for first-quarter sales for its higher-margin data center business, sending its shares down 7 percent after hours.

New York investigating Facebook over 'unauthorized' email contact collection

New York Attorney General Letitia James said on Thursday she is investigating Facebook Inc’s unauthorized collection of up to 1.5 million Facebook users' email contact databases, the latest issue involving the privacy of the company's users.

Uber Technologies to unveil IPO terms on Friday: sources

Uber Technologies Inc will announce a price range on Friday for its initial public offering (IPO) of between $44 and $50 per share, raising between $8 billion and $9 billion, people familiar with the matter said on Thursday.

Facebook users care less about privacy than regulators

Facebook Inc is preparing for a record-setting fine from U.S. regulators over privacy issues, but Wall Street shrugged at the looming penalty after the company added users and trounced profit expectations for the first quarter.

T-Mobile profit jumps, beats estimates; subscriber additions cited

T-Mobile US Inc first-quarter revenue and profit jumped from a year earlier, beating Wall Street's estimates, the company said on Thursday, citing competitively priced wireless plans that enabled it to substantially boost the number of net new phone subscribers who pay a monthly bill.

Grubhub quarterly profit falls as costs swell

Grubhub Inc's first-quarter net income tumbled 78 percent after it ramped up spending to attract and retain restaurant partners and delivery customers.

T-Mobile beats phone subscriber estimates

T-Mobile US Inc on Thursday beat Wall Street's first-quarter estimates for net new phone subscribers who pay a monthly bill, aided by its competitively-priced wireless plans aimed at fending off its bigger rivals.

Amazon first-quarter sales beats estimates

Amazon.com Inc on Thursday topped first-quarter sales estimates as the world's biggest online retailer benefited from soaring demand for its cloud and advertising businesses and a surge in online shopping.

T Mobile, Sprint face new FCC questions on tie-up

T-Mobile US Inc and Sprint Corp executives this week urged senior U.S. regulators to approve the proposed tie-up, saying the combined company would have the incentive to slash prices, according to a filing on Thursday.

U.S. adds another China e-commerce site to 'notorious' IP blacklist

The United States on Thursday added China's third-largest e-commerce platform to its list of "notorious markets" for violations of intellectual property rights and kept China on its priority watch list for piracy and counterfeiting concerns.

U.S. adds another Chinese e-commerce site to 'notorious' IP blacklist

The United States on Thursday added China's third-largest e-commerce platform to its list of "notorious markets" for violations of intellectual property rights and kept China on its priority watch list for piracy and counterfeiting concerns.

Canada watchdog to seek court order to force Facebook to follow privacy laws

Facebook Inc broke Canadian privacy laws when it collected the information of some 600,000 citizens, a top watchdog said on Thursday, pledging to seek a court order to force the social media giant to change its practices.

Comcast in talks to sell its stake in Hulu to Disney: CNBC

Comcast Corp is in talks to sell its stake in Hulu to Walt Disney Co, CNBC reported on Thursday, citing people familiar with the matter.

U.S. adds another Chinese e-commerce site to 'notorious' list for IP protection

The U.S. Trade Representative said on Thursday it has added Pinduoduo.com, China's third-largest e-commerce platform, to its "notorious markets" list for a proliferation of counterfeit products, as the agency also called out China as a priority to watch for intellectual property rights concerns.

Microsoft market cap touches $1 trillion, pulls above Apple

Microsoft Corp's market value vaulted above the $1 trillion mark for the first time in regular session trade on Thursday, pulling ahead of Apple Inc and making it the most valuable U.S. publicly traded company after quarterly earnings and revenue beat Wall Street expectations.