Apple Inc on Tuesday forecast stronger-than-expected third-quarter revenue and Chief Executive Tim Cook said iPhone sales had started to stabilize in China, a sign that Apple's price cuts there are helping limit sales declines.
Former Google executives Eric Schmidt, Diane Greene to leave board
Google parent company Alphabet Inc said on Tuesday former Chairman and Chief Executive Eric Schmidt and former Google Cloud CEO Diane Greene will step down from the search company's board in June.
Uber takes IPO roadshow to New York as demand builds up
Uber Technologies Inc CEO Dara Khosrowshahi and his top management team took the ride-hailing giant's investor roadshow for its initial public offering to New York on Tuesday, as demand for its shares already exceeded supply.
Apple optimistic on sales as iPhone price cuts help in China
Apple Inc on Tuesday forecast stronger-than-expected third-quarter revenue and Chief Executive Tim Cook said iPhone sales had started to stabilize in China, a sign that Apple's price cuts there are helping limit sales declines.
Japan's SoftBank invests $1 billion in delivery app Rappi
Japan's SoftBank will invest $1 billion in Colombian delivery app Rappi, marking the first move by its newly created Innovation Fund for Latin America, according to a statement on Tuesday, confirming earlier media reports.
FireEye results hit Wall Street's mark, current quarter forecast to fall short
FireEye Inc on Tuesday posted first-quarter revenue and billings better than Wall Street expectations, but forecast revenue and profit for the current quarter below analysts' estimates.
Former Google CEO Eric Schmidt to step down from board
Google parent company Alphabet Inc said on Tuesday former chairman and chief executive officer of the internet search giant, Eric Schmidt, will step down from its board at the end of his term in June.
Data: E-Retail Hacks More Lucrative Than Ever
For many years and until quite recently, credit card data stolen from online merchants has been worth far less in the cybercrime underground than cards pilfered from hacked brick-and-mortar stores. But new data suggests that over the past year, the economics of supply-and-demand have helped to doubl...
FireEye second-quarter profit, revenue forecast miss estimates
FireEye Inc posted a bigger quarterly loss on Tuesday as the cyber security firm's costs rose, and the company forecast revenue and profit for the current quarter below analysts' estimates.
Akamai beats revenue estimates on cyber-security strength
Akamai Technologies Inc beat analysts' estimates for first-quarter revenue on Tuesday, powered by demand for its cyber-security services and its traditional business of helping speed up content delivery on the web.
U.S. attorney general recuses self from T-Mobile, Sprint merger probe
U.S. Attorney General William Barr has recused himself from the Justice Department's deliberations on whether to allow T-Mobile to proceed with its $26 billion acquisition of Sprint, according to a source familiar with the decision.
Facebook overhauls messaging as it pivots to privacy
Facebook Inc on Tuesday debuted an overhaul of its core social network and new business-focused tools, the first concrete steps in its plan to refashion itself into a private messaging and e-commerce company.
Facebook redesigns app, rolls out dating service to 14 more countries
Facebook Inc on Tuesday unveiled a redesigned app and rolled out its dating feature to 14 more countries as it tries to boost user-engagement on its social network.
U.S. cyber official, British telcos to discuss Huawei in London meeting
Security officials from British telecoms operators are to meet with the leading U.S. diplomat on cybersecurity in London on Tuesday to discuss the risks of equipment made by China's Huawei, according to five people familiar with the matter.
Shopify raises FY forecast on demand for e-commerce tools; shares surge
Shopify Inc raised its 2019 earnings forecast and posted a surprise quarterly profit on Tuesday on strong demand for its software that helps retailers sell goods online, sending its shares up 7 percent to a record high.
Indian appellate tribunal allows insolvency case vs RCom to proceed: report
An Indian appellate tribunal has lifted a stay on insolvency proceedings against business tycoon Anil Ambani's debt-laden Reliance Communications, the Economic Times reported on Tuesday.
Huawei denies report about hidden 'backdoors' in its software
Huawei denied on Tuesday a Bloomberg report saying that mobile operator Vodafone had found so-called hidden "backdoors" in software provided in 2011 by the Chinese company.
Wall Street queries Google ad changes after rare revenue miss
Wall Street punished Google on Tuesday for managers' refusal to give details of changes made to its ad platform in first-quarter results, following a rare miss of expectations for revenue due to a cleanup of YouTube content.
Czech finance ministry plans 7 percent rate for new digital tax
The Czech Finance Ministry said on Tuesday it was finalizing a plan to tax global internet giants and would submit a proposal by the end of May for a 7 percent rate.
How to train your machine: JPMorgan FX algos learn to trade better
JPMorgan Chase, a top player in the $5.1 trillion-a-day global currency market has started applying a new technology that enables machine-trading programs to learn from previous trades and search for the most profitable way to execute them.
Foxconn chairman travels to White House to discuss Wisconsin: source
The chairman of Apple supplier Foxconn will travel to the United States on Tuesday for a meeting in the White House that is believed to be related to an investment in Wisconsin, according to a source with direct knowledge of the matter.
Logitech CEO sticks to guidance for 2020 business year
Logitech International Chief Executive Bracken Darrell said it was too early to consider upgrading the keyboard and mice maker's sales and profit outlook for its 2020 business year.
Chipmaker AMS signals steady Apple orders, Android share grows
Apple supplier AMS on Tuesday was upbeat on the current quarter and the rest of the year, pointing to steady orders for optical sensors from its major customer and a growing share of income from Android smartphone makers.
Airbnb should be free to operate across Europe: EU court adviser
Airbnb should be treated as a digital service provider and free to operate across the European Union, an adviser for the European Court of Justice (ECJ) said on Tuesday following a complaint by a French tourism association.
Japan's Softbank to announce $1 billion investment in delivery app Rappi on Tuesday
Japan's Softbank is expected to announce on Tuesday a $1 billion investment in Colombian delivery app Rappi, one source with knowledge of the matter said.
Shopify raises full-year forecast on strong demand for e-commerce tools
Canada's Shopify Inc raised its 2019 profit and revenue forecast on Tuesday, as a booming e-commerce market boosted demand for its tools used in buildings online shopping apps and websites.
Britain provisionally approves PayPal-iZettle deal
Britain's competition watchdog on Tuesday provisionally cleared PayPal Holdings Inc's $2.2 billion takeover of Swedish fintech startup iZettle, saying the deal did not raise competition concerns.
Cable operator Charter edges past quarterly revenue estimates
Cable operator Charter Communications Inc edged past analysts' estimates for first-quarter revenue on Tuesday, as the company attracted more customers for its internet services, offsetting a drop in video subscribers.
Shopify loss widens as expenses soar
Canadian e-commerce software maker Shopify Inc reported a wider quarterly loss on Tuesday, as costs surged nearly 50 percent.
Taiwan Foxconn chairman traveling tonight for U.S. White House meet: source
The chairman of Apple supplier Foxconn will travel to the United States tonight for a meeting in the White House that is believed to be related to an investment in Wisconsin, according to a source with direct knowledge of the matter.