SAN FRANCISCO (Reuters) - The board of Uber Technologies Inc [UBER.UL], including two new appointees of former Chief Executive Travis Kalanick, will meet on Tuesday to consider proposals that diminish the co-founder’s influence, strip early investors of supervoting power and secure a multibill...
NEW YORK (Reuters) - Some 10 million people in the United States saw politically divisive ads on Facebook that the company said were purchased in Russia in the months before and after last year’s U.S. presidential election, Facebook said on Monday. Facebook, which had not previously given such...
LONDON (Reuters) - Uber’s new global boss Dara Khosrowshahi will meet London’s transport regulator on Tuesday in the taxi hailing app’s bid to keep its license in one of its most important foreign markets. Transport for London (TfL), which runs and regulates the capital’s tra...
WASHINGTON (Reuters) - Equifax Inc (EFX.N) was alerted in March to the software security vulnerability that led to hackers obtaining personal information of more than 140 million Americans but took months to patch it, its former CEO said in testimony to be delivered to Congress on Tuesday. “It...
(Reuters) - Luxury electric vehicle maker Tesla Inc (TSLA.O) said on Monday its deliveries rose 4.5 percent in the third quarter from the prior-year period, but said “production bottlenecks” had left the company behind its planned ramp-up for the new Model 3 mass-market sedan. Tesla said...
TORONTO (Reuters) - The man who was leading BlackBerry Ltd’s efforts to make money from its patent portfolio has left to join a health technology company, two sources with knowledge of the move said on Monday. Mark Kokes left the Canadian company last month to join privately held NantWorks LLC...
WASHINGTON (Reuters) - The top Democrat on the House Intelligence Committee said on Monday he intended to make a “representative sampling” of Facebook Inc political ads believed to have been purchased by Russia available to the public later this month and that he hoped to make them all p...
SAN FRANCISCO (Reuters) - Roku’s (ROKU.O) stock tumbled 11 percent on Monday and was on track for its first loss since the music streaming company’s public listing last week, even after it unveiled a lineup of new devices. The Los Gatos, California company is riding a wave of consumers a...
(Reuters) - Ford Motor Co has formed a team to accelerate global development of electric vehicles, an executive said on Monday. One aim of Ford’s “Team Edison” is to identify and develop electric-vehicle partnerships with other companies, including suppliers, in some global markets...
NEW YORK (Reuters) - Facebook Inc plans to hire 1,000 more people to review ads and ensure they meet its terms, as part of an effort to deter Russia and other countries from using the social media network to interfere in others’ elections, it said on Monday. Facebook said last month that it be...
BRUSSELS (Reuters) - The European Union is drawing up guidelines on how much patent holders should charge for their technologies, a thorny issue that pits Apple and other users against Qualcomm and Ericsson. Trillions of dollars in sales are at stake as regulators ponder whether a fridge maker shoul...
WASHINGTON (Reuters) - The U.S. Supreme Court on Monday refused to consider a bid by Samsung Electronics Co Ltd (005930.KS) to force customers who have filed proposed class-action lawsuits against the company to arbitrate their claims instead of bringing them to court. The justices left intact a low...
LONDON (Reuters) - Uber’s [UBER.UL] top boss in Britain will quit the taxi hailing app just as the firm battles to overturn a decision to strip it of its license in London, according to an email seen by Reuters. The British capital’s transport regulator deemed Uber unfit to run a taxi se...
SHANGHAI (Reuters) - Facebook has taken down a page affiliated with China’s highest profile fugitive, exiled billionaire Guo Wengui, and temporarily restricted his ability to post on his profile, citing violations of its community standards. Guo, who is living in New York, has been using socia...
(Reuters) - Directors at Uber Technologies Inc [UBER.UL] plan to vote on board reforms and whether to pursue a major stock deal with SoftBank Group Corp (9984.T) on Tuesday, Bloomberg reported on Monday, citing sources familiar with the matter. The moves could potentially reshape the ride-hailing co...
NEW DELHI (Reuters) - India’s ambitions to become a smartphone-making powerhouse are foundering over a lack of skilled labor and part suppliers along with a complex tax regime, industry executives say. Prime Minister Narendra Modi has championed a manufacturing drive, under the slogan ‘M...
(Reuters) - If history is a guide, Uber Technologies new Chief Executive Dara Khosrowshahi is likely to dangle data sharing and a promise to pay fines and fees when he sits down with London officials to negotiate the ride service’s future in one of its most important markets. From the Philippi...
SAN FRANCISCO/NEW YORK (Reuters) - Under the leadership of Chief Executive Mike Cagney, Social Finance Inc (SoFi) set its sights on becoming a one-stop shop for every well-to-do millennial looking for financial services and a romantic partner. One of the most valuable privat...
SAN FRANCISCO (Reuters) - Google announced on Sunday that subscription news websites would no longer have to provide users three free articles per day or face less prominence in search results, relaxing its rules following complaints from media giants like News Corp that their sales were suffering. ...
NEW YORK - Facebook Inc said it plans on Monday to turn over to the U.S. Congress copies of some 3,000 ads that the social network says were bought on Facebook likely by people in Russia in the months before and after the 2016 U.S. election. Last month, in response to calls from U.S. lawmakers, Face...
(Reuters) - Equifax Inc is reviewing its Chief Legal Officer John Kelly’s involvement in stock sales by company executives made weeks before the credit-reporting service disclosed a massive data breach, the Wall Street Journal reported on Sunday. Three senior executives including the company&r...
(Reuters) - Facebook Inc founder and Chief Executive Mark Zuckerberg asked for forgiveness for ways his work was used to divide people in a Facebook posting marking the end of Yom Kippur, the Jewish holiday of atonement on Saturday. “For the ways my work was used to divide people rather than b...
SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] co-founder Travis Kalanick said he had appointed two new directors, a surprise move that publicly reignited a board battle over the role of the ousted former chief executive. Kalanick’s move on Friday sought to pre-empt a move by new Ch...
SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] co-founder Travis Kalanick on Friday said he had appointed two new directors, a surprise move that publicly reignited a board battle over the role of the ousted former chief executive. Uber investors are divided over whether Kalanick, who was...
SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] co-founder Travis Kalanick on Friday said he had appointed two new board members, challenging Uber shareholders who have asked a court to stop the former chief executive from naming directors. Directors of the ride services company have been ...
(Reuters) - Nearly 2 million people logged onto Amazon.com (AMZN.O) for the online retailer’s first livestream of Thursday Night Football, the U.S. National Football League said on Friday. Some 1.9 million people tuned in to Amazon’s kickoff show and game between the Chicago Bears and Gr...
HELSINKI (Reuters) - Rovio, the maker of hit mobile game “Angry Birds,” will look to buy up other players in the gaming industry following its listing on Friday, its main owner Kaj Hed said. The Finnish company’s shares got off to a flying start on their stock market debut, trading...
(Reuters) - Since 2015, Apple Inc (AAPL.O) has tried to protect its Mac line of computers from a form of hacking that is extremely hard to detect, but it has not been entirely successful in getting the fixes to its customers, according to research released on Friday by Duo Security. Duo examined wha...
DETROIT (Reuters) - An initial public offering by Lyft Inc will give investors a way to jump into self-driving cars, although the ride services company and rival Uber Technologies Inc may have to wait years before sending a driverless robotaxi to a customer. On Thursday, Reuters reported that San Fr...
LONDON (Reuters) - The new chief executive of Uber Technologies [UBER.UL] will meet the head of London’s transport system next week to try to retain the license for its ride hailing service in the British capital. Transport for London (TfL), which regulates and operates the transport network i...
