(Reuters) - Shares of Nvidia Corp (NVDA.O) are set to open at a record on Friday, after it posted stellar quarterly results powered by higher demand for graphics chips used in gaming and data centers, and the rapid adoption of its new Volta chips for AI and driverless cars. The logo of Nvidia Corpor...
LONDON (Reuters) - Bitcoin dropped below $7,000 on Friday to trade more than 5 percent down on the day, having fallen by well over $1,000 since hitting an all-time high on Wednesday. A bitcoin (virtual currency) coin placed on Dollar banknotes is seen in this illustration picture, November 6, 2017. ...
LONDON (Reuters) - Uber [UBER.UL] lost an appeal on Friday to overturn a decision by a tribunal which said its drivers deserved workers’ rights such as the minimum wage, in a blow to the taxi app as it also battles to keep its license in London. A photo illustration shows the Uber app logo dis...
FRANKFURT (Reuters) - German investigators shut down an illegal file-sharing site with around 27,000 members as part of a police sting targeting 42 suspects across Germany, the Frankfurt attorney general’s office said on Friday. The file-sharing site, usenetrevolution.info, was used to share b...
SHANGHAI/BEIJING (Reuters) - At Beijing’s sprawling Renmin University of China, two shiny new couriers dart through throngs of students to deliver parcels throughout the day. A BEST Inc employee scans parcels at one of the company's Shanghai order fulfillment centres in Shanghai, China Novembe...
HONG KONG/SHANGHAI (Reuters) - Chinese online content platform Bytedance said on Friday it would buy popular lip-sync platform Musical.ly, in a deal seen valued at up to $1 billion that underlines the global ambitions of the fast-growing tech startup. Musical.ly, Chinese founded but popular around t...
(Reuters) - China’s AI-powered content platform Bytedance Ltd said on Friday it would merge with lip-syncing app Musical.ly Inc. Financial terms of the deal were not disclosed. Musical.ly will continue to operate as an independent platform post merger, while integrating Bytedance’s techn...
SAN FRANCISCO (Reuters) - Alphabet Inc’s Google unit told U.S. election regulators in a letter seen by Reuters on Thursday that it “strongly supports” tightening rules on online political advertising as part of efforts to curtail “foreign abuse and influence” in electio...
TOKYO (Reuters) - Toshiba Corp, desperate for cash to avoid a possible delisting, is considering raising about 600 billion yen ($5.3 billion) by offering new shares in a third-party allotment, a person briefed on the matter said on Friday. FILE PHOTO: Shoppers look at Toshiba Corp's Regza television...
WASHINGTON (Reuters) - Britain’s top internal security official is pressing social media companies to devise automatic systems to spot and block violent militant messaging before it is posted on their networks. Amber Rudd, Britain's Home Secretary, leaves 10 Downing Street in London, Britain, ...
(Reuters) - Nvidia Corp’s (NVDA.O) quarterly profit and revenue topped market estimates and the chipmaker also gave a strong revenue forecast for the current quarter, powered by demand for its graphics chips used in gaming and data centers. A NVIDIA logo is shown at SIGGRAPH 2017 in Los Angele...
WASHINGTON/NEW YORK (Reuters) - U.S. President Donald Trump’s broadsides against cable network CNN may complicate the U.S. government’s legal case if it decides to block AT&T’s deal to buy media company Time Warner, according to legal experts. Trump’s repeated claims that...
WAYNE, Mich. (Reuters) - Robots have replaced many U.S. manufacturing workers, but new mechanical exoskeletons being tested by Ford Motor Co (F.N) may help factory workers to function like bionic people, reducing the physical damage of millions of repetitive tasks over many years. Ford Motor Co asse...
(Reuters) - Equifax Inc (EFX.N) on Thursday reported lower quarterly profit, and quarterly revenue missed estimates, as the credit bureau warned that its massive data breach had prompted some customers to hold back business. FILE PHOTO: Credit reporting company Equifax Inc. corporate offices are pic...
WASHINGTON/NEW YORK (Reuters) - AT&T Inc (T.N) will not sell cable network CNN to win antitrust approval of its proposed $85.4 billion purchase of media company Time Warner Inc (TWX.N) and will fight the government in court if the two sides cannot reach an agreement, the wireless company’s...
(Reuters) - Nvidia Corp (NVDA.O) reported a better-than-expected quarterly profit, driven by strong demand for its graphics chips used in personal computers and devices for gaming, and in data centers. A NVIDIA logo is shown at SIGGRAPH 2017 in Los Angeles, California, U.S. July 31, 2017. REUTERS/Mi...
(Reuters) - Equifax Inc (EFX.N) on Thursday reported a lower third-quarter profit as costs from the credit reporting bureau’s recently disclosed data breach that exposed deeply sensitive information on 145.5 million people began to mount. FILE PHOTO: Credit reporting company Equifax Inc. corpo...
SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] will continue to lose money in its home market for at least the next six months as rival Lyft Inc poses a fierce competitive challenge, Chief Executive Dara Khosrowshahi said on Thursday in his first public comments since taking the top job a...
(Reuters) - Nvidia Corp reported a 54.6 percent rise in quarterly profit, driven by strong demand for its graphics chips used in gaming devices, data centers, autonomous vehicles and also by cryptocurrency miners. A NVIDIA logo is shown at SIGGRAPH 2017 in Los Angeles, California, U.S. July 31, 2017...
(Reuters) - Equifax Inc on Thursday reported a lower third-quarter profit as costs from the credit reporting bureau’s recently disclosed data breach that exposed deeply sensitive information on 145.5 million people began to mount. FILE PHOTO: Credit reporting company Equifax Inc. corporate off...
WASHINGTON/NEW YORK (Reuters) - AT&T Inc (T.N) will not sell cable network CNN to win antitrust approval of its proposed $85.4 billion purchase of media company Time Warner Inc (TWX.N) and will fight the government in court if a negotiated settlement is not reached, the wireless company’s ...
SAN FRANCISCO (Reuters) - Shares of chipmakers slumped on Thursday ahead of a quarterly earnings report from Nvidia Corp (NVDA.O), the star performer of the high-flying sector over the past year. The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan ...
WASHINGTON (Reuters) - U.S. antitrust regulators believe that AT&T Inc’s proposed acquisition of Time Warner Inc (TWX.N) would raise costs for rival entertainment distributors and stifle innovation, a Department of Justice official told Reuters on Thursday. The AT&T logo is seen on a s...
SAN FRANCISCO (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg is kicking off an effort to get U.S. small businesses to spend more on advertising as the image of the social media network’s ads have taken a hit for their role in alleged Russian attempts to sway U.S. voters. FILE PHOTO: ...
(Reuters) - Dish Network Corp lost fewer-than-expected subscribers in the third quarter as its internet-based service Sling TV attracted more customers, offsetting a temporary hit from Hurricane Maria. A Dish Network satellite dish is shown on a residential home in Encinitas, California, U.S., Novem...
WASHINGTON (Reuters) - The U.S. Justice Department is concerned that AT&T Inc’s proposed $85.4 billion acquisition of Time Warner Inc (TWX.N) would raise costs for rival entertainment distributors, a source familiar with the matter told Reuters on Thursday. The AT&T logo is seen on a s...
(Reuters) - China-based Sogou Inc’s (SOGO.N) shares rose more than 10 percent in their U.S. market debut, as investors expect a massive base of Chinese smartphone users to help the Tencent-backed search engine company narrow the gap with market leader Baidu. Shares of Sogou rose as much as 13....
LISBON (Reuters) - People should worry about online data collection by technology companies because it gives them unparalleled insight into users lives, the creator of one of the biggest web browsers, Opera, said on Thursday. Co-Founder and CEO of Vivaldi, Jon Von Tetzchner, poses for a photo during...
(Reuters) - Up to 180 million smart phone owners are at risk of having some of their text messages and calls intercepted by hackers because of a simple coding error in at least 685 mobile apps, cyber-security firm Appthority warned on Thursday. FILE PHOTO: A banner for communications software provid...
(Reuters) - Dish Network Corp gained subscribers in the mainland United States in the third quarter and reduced the rate at which it lost existing customers, offsetting a hit to offshore business from Hurricane Maria. A Dish Network satellite dish is shown on a residential home in Encinitas, Califor...
