(Reuters) - Snap Inc is redesigning its disappearing-message app Snapchat in an attempt to reach a broader audience, going back to the drawing board after being clobbered by Wall Street for another quarter of slowing user growth.
(Reuters) - Take-Two Interactive Software Inc gave a stronger-than-expected revenue forecast for the holiday quarter, unlike rivals Activision Blizzard Inc and Electronic Arts Inc, on strong demand for its new NBA videogame and the continued success of "Grand Theft Auto".
(Reuters) - Snapchat-owner Snap Inc (SNAP.N) on Tuesday reported slower user growth than Wall Street expected and said it was redesigning the app, sending shares down about 20 percent on concerns it was being beaten by established rivals such as Facebook Inc’s (FB.O) Instagram. A woman stands ...
(Reuters) - Microblogging website Twitter Inc (TWTR.N), known for its iconic 140-character tweets, said on Tuesday it would roll out 280-character tweets to users across the world. The Twitter logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., Se...
SAN FRANCISCO (Reuters) - Alphabet Inc’s Waymo will launch a ride-hailing service with no human behind the steering wheel and has been testing the fully self-driving cars on public roads in Arizona, Chief Executive John Krafcik said on Tuesday. FILE PHOTO: Waymo unveils a self-driving Chrysler...
(Reuters) - An Israeli startup has sued Apple Inc, accusing the iPhone maker of copying its patented smartphone camera technology. The Apple Inc. store is seen on the day of the new iPhone 7 smartphone launch in Los Angeles, California, U.S., September 16, 2016. REUTERS/Lucy Nicholson Tel Aviv-based...
LISBON (Reuters) - European Union regulators have asked iPhone maker Apple for details of its recent tax structure following last year’s order to pay back taxes of up to 13 billion euros ($15 billion) to Ireland, Europe’s anti-trust chief said on Tuesday. FILE PHOTO: A man holds two boxe...
NEW YORK (Reuters) - Berlin-based Neufund said it has raised 10 million euros ($11.6 million) from private investors for its fund-raising platform, the first ever that will allow companies to issue a token or digital currency that will represent equity.
(Reuters) - The major futures exchanges believe in the development of cryptocurrency trading and will push on with launching exchange traded funds that allow investors to trade in them, stock exchange operator BATS Global Markets Inc’s Chief Executive said on Tuesday. Bitcoins are seen in this...
SAN FRANCISCO (Reuters) - Alphabet Inc’s Waymo self-driving unit is launching a ride-hailing service for the general public with no human driver behind the steering wheel and has been testing such fully self-driving cars on public roads in Arizona, Chief Executive John Krafcik said on Tuesday....
LISBON (Reuters) - EU regulators have asked iPhone maker Apple for details of its recent tax structure following last year’s order to pay back taxes of up to 13 billion euros ($15 billion) to Ireland, Europe’s anti-trust chief said on Tuesday. A 3D printed Apple logo is seen in front of ...
DETROIT (Reuters) - Electric delivery van maker Workhorse Group Inc (WKHS.O) said on Tuesday it will test its new lightweight N-Gen electric van in cities in Ohio and California as the race to develop mass-market electric delivery vehicles heats up. Workhorse’s customers already include packag...
KATHMANDU (Reuters) - A bank in Nepal has recovered most of the money stolen after its SWIFT server was hacked last month, two officials, involved in the investigation of the Himalayan nation’s first reported cyber heist, said on Tuesday. A man using a mobile phone passes the logo of global se...
CAPE TOWN (Reuters) - Ride-hailing service Uber Technologies Inc. [UBER.UL] is growing rapidly in sub-Saharan Africa and considering moves into more markets, despite sometimes violent opposition from metered taxi drivers, a senior executive said on Tuesday. FILE PHOTO: A photo illustration shows the...
FRANKFURT/BERLIN (Reuters) - Germany’s ruling conservatives oppose selling the state’s holding in Deutsche Telekom to raise billions of euros for a national broadband upgrade, preferring instead to divest stock in Deutsche Post, a senior source said. Deutsche Telekom logo is seen during ...
BRASILIA (Reuters) - Uber Technologies Inc [UBER.UL] has formed an unprecedented alliance in Brazil with other ride-hailing services, including its main local rival 99, to win public support to block regulation threatening the way they do business in a booming market. The Uber logo is seen on mobile...
MADRID/LONDON (Reuters) - The owners of Avast Software have hired Rothschild to prepare the business for a share sale which could value one of the world’s most used providers of computer antivirus software at as much as $4 billion, four sources familiar with the matter told Reuters. CVC Capita...
BEIJING (Reuters) - Chinese smartphone maker Xiaomi Inc launched sales in Spain on Tuesday, its first foray into Western Europe as it revs up a stalled global push into other developed markets around Europe and the United States. FILE PHOTO: A Xiaomi logo is pictured in Mexico City, Mexico, May 9, 2...
MADRID/LONDON (Reuters) - The owners of Avast Software, one of the world’s most used pieces of computer antivirus software, have hired Rothschild to prepare the business for an initial public offering (IPO) which could value the firm at as much as $4 billion, four sources familiar with the mat...
TOKYO (Reuters) - Bitcoin is likely to become a new asset class in its own right, such as gold or stocks, which can be traded by major investors and regulated, not simply a crypto-currency, Leo Melamed, Chairman Emeritus of CME Group (CME.O), said on Tuesday. FILE PHOTO - Chicago Mercantile Exchange...
