(Reuters) - Square Inc (SQ.N), the payments company co-founded by Twitter Inc (TWTR.N) Chief Executive Jack Dorsey, reported a smaller quarterly loss on Wednesday, as customers processed more transactions through its technology. Square said net loss narrowed to $15.96 million, or 4 cents per share, ...
SAN FRANCISCO (Reuters) - A website launched on Wednesday seeks to track Russian-supported propaganda and disinformation on Twitter, part of a growing non-governmental effort to diminish Moscow's ability to meddle in future elections in the United States and Europe. The "Hamilton 68" dashboard (here...
(Reuters) - Electric-car maker Tesla Inc (TSLA.O) reported better-than-expected quarterly revenue and backed its delivery guidance for the second half of the year. Shares of the company, which said it was averaging over 1,800 net reservations per day for its mass-market Model 3 since the handover of...
(Reuters) - Videogame publisher Take-Two Interactive Software Inc (TTWO.O) raised its full-year adjusted revenue forecast above analysts' estimates on Wednesday, driven by the continued success of its popular "Grand Theft Auto" game. The company now expects adjusted revenue at between $1.65 billion ...
(Reuters) - Zynga Inc, the creator of online game FarmVille, forecast current-quarter bookings below analysts' estimates on Wednesday, citing lower advertising sales and weak demand for the company's older games. The company forecast bookings of $205 million for the third quarter ending September, b...
(Reuters) - Cyber security company Symantec Corp (SYMC.O) has agreed to sell its business that helps verify the identity of websites to buyout firm Thoma Bravo LLC, people familiar with the matter said on Wednesday, a move that extricates it from a feud with Alphabet Inc's Google (GOOGL.O). Thoma Br...
SAO PAULO (Reuters) - Some Banco Bradesco SA customers struggled to access online and branch services on Wednesday, after Brazil's third largest listed lender was hit by an intermittent glitch that slowed transaction systems. A spokeswoman at Osasco, Brazil-based Bradesco (BBDC4.SA) said in a teleph...
TORONTO (Reuters) - Costly cyber attacks are having a bigger impact on corporate earnings and are becoming a fact of life for companies as Oreo cookie maker Mondelez, drug maker Merck and others said that a destructive "worm" attack in the last week of the second quarter disrupted operations. Mondel...
SAN FRANCISCO (Reuters) - Shares of Snap Inc (SNAP.N) slumped to new lows on Wednesday while short sellers closed out their bets following paper profits of half a billion dollars since the Snapchat owner's market debut in March. Sky-high costs to borrow Snap shares are leading many short sellers to ...
HONG KONG (Reuters) - In an empty mall that once bustled with trade in high-end smartphones, a Hong Kong shopkeeper sits surrounded by boxes of Apple Inc (AAPL.O) headphones, grumbling that business is grim - a domino effect of lackluster demand from mainland China. In recent years, hundreds of thou...
MILAN (Reuters) - French media group Vivendi could avoid having to sell a 20 percent stake in Mediaset by placing it into a blind trust, a source at Italy's communications watchdog AGCOM said on Wednesday. AGCOM said in April that Vivendi's stake-building at both broadcaster Mediaset and phone group...
JAKARTA (Reuters) - Indonesian travel start-up Traveloka, which has raised nearly $500 million from investors including Expedia Inc and China's JD.com Inc, plans to ramp up its new tourist attraction booking service next year, a senior executive said. Investors have been pouring money into start-ups...
TAIPEI (Reuters) - Chinese tech conglomerate LeEco is in the midst of paying back an overdue loan and discussing repayments of a larger, upcoming due loan with China Construction Bank, the company said in a statement responding to media reports on Wednesday. LeEco, one of China's most ambitious comp...
(Reuters) - Apple Inc's (AAPL.O) surprisingly strong quarterly results and forecast pushed the iPhone maker's shares to a record high, putting the Dow Jones Industrial Average .DJI on track to breach the 22,000 mark when the market opens. Apple's shares were up 5.5 percent at $158.33 in premarket tr...
LONDON (Reuters) - British Airways said it had resolved an issue with its systems that affected the check-in process on flights from Heathrow on Wednesday, saying that customers were now being processed as normal. "Customers are being checked in as normal after an earlier problem was resolved. We ar...
TAIPEI (Reuters) - Asian tech shares rallied on Wednesday on the back of Apple's robust earnings, with hopes the iPhone maker's fortunes will help boost sales of the region's hardware component suppliers ahead of the new iPhone launch. On Tuesday, Apple Inc delivered surprisingly strong fiscal third...
BEIJING/SHANGHAI (Reuters) - A Chinese partner of global e-commerce firm Amazon.com Inc has told customers to end the use of illegal virtual private networks (VPNs), which can allow users to circumvent internet censorship. The instruction comes after Apple Inc removed VPN services from its Chinese a...
TOKYO (Reuters) - Japanese conglomerate Toshiba Corp's talks to sell its prized memory chip business have stalled, raising concerns over how fast the company can plug a multi-billion-dollar balance sheet hole left by the collapse of its U.S. nuclear business. Toshiba's chips and devices business acc...
HONG KONG (Reuters) - Chinese peer-to-peer lending platform Dianrong said on Wednesday it raised $220 million from a group of investors led by Singapore sovereign wealth fund GIC Pte Ltd, looking to step up research of new technology as it expands across China and explores ventures in other countrie...
SEOUL (Reuters) - Shares in South Korea's SK Hynix Inc, the world's second-biggest memory chip maker, rose more than 3 percent on Wednesday morning after Apple Inc delivered surprisingly upbeat earnings. Apple reported a 7.2 percent rise in quarterly revenue on Tuesday, buoyed by better-than-expecte...
