(Reuters) - Ride-hailing firm Lyft Inc said on Monday it would launch its service in Toronto, marking the first international expansion for the U.S.-based rival of Uber Technologies Inc [UBER.UL]. An illuminated sign appears in a Lyft ride-hailing car in Los Angeles, California, U.S. September 21, 2...
LONDON (Reuters) - Bitcoin surged on Monday, recovering more than $1,000 after losing almost a third of its value in less than four days as traders bought back into the volatile cryptocurrency. Bitcoin (virtual currency) coins placed on Dollar banknotes are seen in this illustration picture, Novembe...
LONDON (Reuters) - Bitcoin surged on Monday, recovering more than $1,000 after losing almost a third of its value in less than four days as traders bought back into the volatile cryptocurrency. Bitcoin (virtual currency) coins placed on Dollar banknotes are seen in this illustration picture, Novembe...
BEIJING (Reuters) - General Motors Co’s China joint ventures will be able to generate enough new energy vehicle (NEV) sales volume to account for NEV production quotas by 2019 and without the need to buy credits, GM China chief Matt Tsien said on Monday. Workers inspect Baojun E100 all-electri...
FRANKFURT (Reuters) - Europe’s top markets regulator has warned investors about the pitfalls of buying newly issued crypto coins, an experimental and unregulated form of online crowd funding particularly used by start-up businesses. A bitcoin sign is seen during Riga Comm 2017, a business tech...
(Reuters) - U.S. sports broadcaster ESPN launched its flagship SportsCenter program on messaging app Snapchat on Monday, reimagining the show that provides sports highlights and commentary into a short-form series. The Snapchat messaging application is seen on a phone screen August 3, 2017. REUTERS/...
HARARE (Reuters) - For most investors around the world, bitcoin is a volatile and highly speculative bet. For Zimbabweans, however, the cryptocurrency seems to offer rare protection from the onset of hyperinflation and financial implosion. FILE PHOTO: People queue to withdraw money from a bank in Ha...
SYDNEY (Reuters) - Amazon.com Inc is “really close” to opening in Australia, its country manager said on Monday, as the U.S. e-commerce juggernaut prepares to shake up an already-fragile brick-and-mortar retail sector in the world’s No. 12 economy. FILE PHOTO: The logo of Amazon is...
HONG KONG (Reuters) - Buoyed by China’s plans to build a ubiquitous CCTV surveillance network, Chinese and some foreign investors are pouring money into start-up technology firms that specialize in facial recognition software. A "smart departure" self-service machine scans a woman's face to au...
SAN FRANCISCO/NEW YORK (Reuters) - Uber Technologies Inc’s [UBER.UL] warring board members have struck a peace deal that would allow a multibillion-dollar investment by SoftBank Group Corp to proceed, and would resolve a legal battle between former Chief Executive Travis Kalanick and a promine...
(Reuters) - U.S. chipmaker Qualcomm Inc (QCOM.O) is making preparations to reject rival Broadcom Ltd’s (AVGO.O) $103 billion bid as early as this week, four people familiar with the matter said on Sunday, setting the stage for one of the biggest-ever takeover battles. A building on the Qualcom...
SAN FRANCISCO (Reuters) - Uber Technolgies Inc’s [UBER.UL] warring board members have struck a peace deal that would allow a multibillion-dollar investment by SoftBank Group Corp to proceed, and would resolve a legal battle between former Chief Executive Travis Kalanick and a prominent shareho...
BEIJING (Reuters) - JD.com, China’s e-commerce behemoth, said on Sunday that sales for Singles’ Day - and its run-up - reached 127.1 billion yuan ($19.14 billion), up 50 percent from a year ago. FILE PHOTO - A sign of China's e-commerce company JD.com is seen at CES (Consumer Electronics...
NEW YORK (Reuters) - Rupert Murdoch telephoned AT&T Inc (T.N) Chief Executive Randall Stephenson twice in the last six months and talked about cable network CNN, sources briefed on the matter told Reuters on Friday. Rupert Murdoch stands at the U.S. Open men's final in New York, September 10, 20...
SHANGHAI (Reuters) - Chinese e-commerce giant Alibaba (BABA.N) said sales topped 10 billion yuan ($1.51 billion) in just over three minutes from the opening of Singles’ Day, an annual online discount sales gala that has become the world’s biggest shopping spree. Jack Ma, Chairman of Alib...
SHANGHAI (Reuters) - Singles’ Day, once a celebration for China’s lonely hearts and now the world’s biggest shopping spree, opens at midnight on Friday, with millions of shoppers eager to snap up cut-price deals. U.S. singer Pharrell Williams and Hong Kong singer Karen Mok perform ...
(Reuters) - Walt Disney’s shares rose 3 percent on Friday, as Wall Street shrugged off poor financial results and focused instead on the media giant’s commitment to build a service that will compete aggressively with video streaming pioneer Netflix. FILE PHOTO: The logo of the Disney sto...
(Reuters) - Shares of Nvidia Corp (NVDA.O) hit 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 Corporation is seen d...
LONDON (Reuters) - Amazon.com Inc is expanding its nascent European product insurance business, according to recent job adverts, which industry watchers say could signal the start of broader ambitions in insurance. The logo of Amazon is seen at the company logistics center in Lauwin-Planque, norther...
(Reuters) - Equifax Inc on Friday warned that this year’s massive data breach will harm future sales, saying it will reduce revenue in the current fourth quarter by 3 percent to 4 percent. Credit reporting company Equifax Inc. corporate offices are pictured in Atlanta, Georgia, U.S., September...
