Sprint Corp on Tuesday reported deeper losses than feared of monthly phone subscribers despite discount offerings, raising concerns that the wireless carrier may not be sustainable if its pending merger with T-Mobile is not approved.
Brazil fintech Nubank opens Mexico office as it seeks Latam expansion
Brazilian fintech firm Nubank will open an office in Mexico on Tuesday, an initial step in a potential expansion into other Latin American countries, a company executive said.
Match Group adds more Tinder subscribers, shares surge
Match Group beat quarterly profit and revenue estimates on Tuesday, as more people joined its popular dating app, Tinder, sending shares up as much as 8 percent in extended trading.
Facebook executive meets with U.S. lawmakers to discuss privacy
With a multibillion-dollar settlement looming for Facebook over user privacy violations, Chief Operating Officer Sheryl Sandberg was meeting with U.S. lawmakers on Capitol Hill on Tuesday to discuss legislation to protect users of the social network, officials said.
Huawei Canada executive leaves post, second departure from firm in four months
A Huawei Canada executive said on Tuesday he had left his post after less than a year at the company, the second recent high-profile departure from the Chinese telecommunications equipment maker at the heart of a major dispute between Ottawa and Beijing.
Google debuts privacy controls, principles at I/O event
Alphabet Inc's Google business on Tuesday announced new privacy controls for its services, including “Incognito mode” for Google Maps, and published new privacy commitments for its hardware, showing how increased public scrutiny is forcing greater transparency in Silicon Valley.
Sprint loses more phone subscribers than feared
Wireless carrier Sprint Corp on Tuesday reported greater-than-feared losses in phone subscribers who pay a monthly bill, as the company struggled to keep customers from going to larger rivals.
Match Group quarterly revenue beats on higher Tinder subscribers
Match Group beat quarterly revenue estimates on Tuesday, as it added more subscribers to its popular dating app, Tinder.
What’s Behind the Wolters Kluwer Tax Outage?
Early in the afternoon on Friday, May, 3, I asked a friend to relay a message to his security contact at CCH, the cloud-based tax division of the global information services firm Wolters Kluwer in the Netherlands. The message was that the same file directories containing new versions of CCH&rsq...
FAA convenes multi-agency board to review Boeing software fix
The Federal Aviation Administration said on Tuesday it had convened a multi-agency Technical Advisory Board to review Boeing’s proposed software fix on the grounded 737 MAX.
Facebook executive meeting with lawmakers ahead of FTC settlement
Facebook Chief Operating Officer Sheryl Sandberg is meeting with U.S. lawmakers on Capitol Hill on Tuesday ahead of an expected settlement with the Federal Trade Commission (FTC), a spokesman for Senator Jerry Moran said.
Google launches $399 Pixel phone, more U.S. carriers will sell it
Alphabet Inc's Google launched more affordable versions of its Pixel smartphone on Tuesday at about half the price of its current models, and dropped an exclusive U.S. distribution deal with Verizon Communications Inc, signaling a major shift in the tech giant's hardware strategy.
Google demos car bookings by voice assistant at annual I/O event
Alphabet Inc's Google business on Tuesday offered a preview of voice technology that lets users make rental car bookings with just a simple ask of the company's virtual assistant tool.
SAP CEO welcomes 'fantastic' activist shareholder Elliott
SAP CEO Bill McDermott on Tuesday welcomed a $1.3 billion investment by activist investor Elliott, saying the U.S. hedge fund group was aligned with his goal of expanding margins by driving top-line growth.
Apple teams up with SAP to help clients develop iPhone business apps
Business software maker SAP and Apple are teaming up to help clients develop their own mobile business applications using Apple's machine-learning technology.
SAP CEO welcomes Elliott as 'fantastic investor'
SAP CEO Bill McDermott on Tuesday welcomed a $1.3 billion investment by activist investor Elliott, saying it was aligned with his goal of expanding margins through driving top-line growth.
Brazilian fintech Nubank opens office in Mexico, in possible first step in Latam-wide expansion
Brazilian fintech Nubank is opening an office in Mexico on Tuesday, an initial step in a potential expansion into other Latin American countries, an executive said.
Germany's Infineon says inventory pile-up to keep pressure on margins
German chipmaker Infineon Technologies AG said on Tuesday that a slump in demand had led to an inventory pile-up that would only plateau this summer, keeping pressure on profit margins.
Google launches Israel program to help startups grow globally
Alphabet Inc's Google said on Tuesday it has launched a four-month program in Israel to help startups grow globally using its experts and tools.
Samsung Electronics says no anticipated shipping date yet for Galaxy Fold
Samsung Electronics said on Tuesday it cannot confirm the shipping date for its foldable device Galaxy Fold yet and apologized to its pre-order customers in the United States for the delay.
Germany's Infineon quarterly sales flat, maintains full-year revenue guidance
German chipmaker Infineon Technologies AG on Tuesday maintained its full-year revenue forecast, which it had cut twice earlier, as it reported flat second-quarter sales in line with its most recent guidance.
Infineon confirms twice-lowered guidance for 5 percent revenue growth
German chipmaker Infineon Technologies stood by its twice-lowered revenue forecast on Tuesday, as it reported flat second-quarter sales that were in line with its most recent guidance.
Auto group tries to steer Colorado clear of California ZEV rules
An automotive trade group is in talks with Colorado to try to convince the state not to adopt California's zero emission vehicle (ZEV) mandate.
Japan's SoftBank set for small profit rise, Vision Fund IPO plans eyed
Japan's SoftBank Group Corp is expected to report a small rise in its fourth-quarter profit, while investors look for details on whether the conglomerate plans to monetize its almost $100 billion Vision Fund through an IPO.
U.S. lawmakers criticize potential Facebook settlement with FTC
Two U.S. senators on Monday criticized reported plans for a Federal Trade Commission settlement with Facebook Inc for misuse of consumers' personal data, saying that top officials, potentially including founder Mark Zuckerberg, must be held personally responsible.
Facebook deletes more accounts linked to Russia
Facebook Inc said on Monday it had removed multiple pages, groups and accounts linked mostly to Russia that were used to spread misleading information on the social network and its Instagram service.
Japan's SoftBank taps into Mexican fintech startup Clip: sources
Japan's SoftBank Group invested about $20 million in Mexican payments startup Clip early this year, one of its first Latin America deals as it launches a $5 billion technology fund in the region, said three people familiar with the matter.
Google set to launch privacy tools to limit online tracking: WSJ
Alphabet Inc's Google is set to roll out a dashboard-like function in its Chrome browser to offer users more control in fending off tracking cookies, the Wall Street Journal reported on Monday, citing people familiar with the matter.
Volkswagen teams up with China's NIU to make e-scooters: Die Welt
German carmaker Volkswagen will join forces with China's NIU to produce battery-powered kick scooters, German newspaper Die Welt reported on Monday without giving sources.
Exclusive: Sequoia China to cut up to 20 percent of investment staff as tech growth slows - sources
Sequoia Capital China, widely viewed as a bellwether for Chinese tech investment, is set to lay off as much as 20 percent of investment staff as a slowdown in the country's tech sector saps appetite for risk, said two people with knowledge of the matter.