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...
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...
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...
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...
(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...
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...
(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 ...
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...
(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...
(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...
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...
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...
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...
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...
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...
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...
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 ...
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 ...
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. ...
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...
