A peer-to-peer (P2P) communications technology built into millions of security cameras and other consumer electronics includes several critical security flaws that expose the devices to eavesdropping, credential theft and remote compromise, new research has found. A map showing the distribution of s...
Wirecard chairman will not stand for second term: Handelsblatt
Wulf Matthias will not stand for a second term as Wirecard's chairman in 2020, German daily Handelsblatt said on Friday, citing sources in the financial industry.
Britain must get to bottom of Huawei leak: UK finance minister
Britain must get to the bottom of the leak of confidential discussions during a top-level security meeting about the role of China's Huawei Technologies in 5G network supply chains, British finance minister Philip Hammond said on Friday.
Uber sets terms for IPO, posts $1 billion first-quarter loss
Ride-hailing company Uber Technologies Inc is aiming for a valuation of up to $91.5 billion in its initial public offering, potentially the largest U.S. listing in years and a test of investor appetite for a high-growth but highly unprofitable business.
Uber sets $44-$50 per share price for IPO, posts $1 billion first-quarter loss
Ride-hailing company Uber Technologies Inc unveiled terms for its initial public offering on Friday, telling investors it would seek to sell as much as $10.35 billion in stock at a valuation of up to $91.5 billion.
Sony flags disappointing profit, scraps targets as gaming slows
Sony Corp warned of a sharper-than-expected drop in its annual profit and scrapped some longer-term targets, in a sign a slowdown in its gaming business as its PlayStation 4 console nears the end of its life was beginning to hurt.
Chinese brands rule Indian smartphone market with 2/3rds of share: report
Chinese brands controlled a record 66 percent of Indian smartphone market in the first quarter, led by Xiaomi Corp, a report showed, with volumes rising 20 percent on the back of popularity for brands like Vivo, RealMe and Oppo.
China's rocket start-ups go small in age of 'shoebox' satellites
During initial tests of their 8.1-metre (27-foot) tall reusable rocket, Chinese engineers from LinkSpace, a start-up led by China's youngest space entrepreneur, used a Kevlar tether to ensure its safe return. Just in case.
KPN: Excluding Huawei from 5G network will not incur extra costs
Dutch telecom company KPN will strip out equipment made by China's Huawei from its existing core mobile telecommunications network at the same time as it upgrades to 5G technology, the company's Chief Financial Officer said on Friday. Jan Kees de Jager said on a conference call that normally droppin...
Huawei hopes for Britain-like solution in New Zealand 5G bid
China's Huawei Technologies said Britain's decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.
Dutch telecom KPN won't use Huawei for 'core' 5G network
Dutch telecom firm Royal KPN NV said on Friday it would select a Western supplier to build its core 5G mobile network, making it one of the first European operators to make clear it would not pick China's Huawei for such work.
Sony sees lower annual profit as gaming business slows
Japan's Sony Corp warned its annual operating profit would drop, after two years of record highs, as its previously thriving gaming business slows and its PlayStation 4 (PS4) console nears the end of its lifecycle.
Yara, IBM to offer digital services to farmers
Fertilizer maker Yara International and IBM plan to launch digital farming services later this year to help boost crop yields, eventually targeting 100 million hectares, or close to 7 percent of arable land worldwide, they said.
Sony forecasts lower annual profit as gaming business slows
Japan's Sony Corp expects its annual operating profit to drop 9.4 percent, after two straight years of record highs, as its gaming business slows and its PlayStation 4 console nears the end of its lifecycle.
Hamas shifts tactics in bitcoin fundraising, highlighting crypto risks: research
The armed wing of Hamas is using increasingly complex methods of raising funds via bitcoin, researchers say, highlighting the difficulties regulators face in tracking cryptocurrency financing of outfits designated by some as terrorist groups.
PayPal to invest $500 million in Uber: Refinitiv IFR
Online payments company PayPal Holdings Inc plans to invest $500 million in Uber Technologies Inc as the ride-hailing firm readies to unveil terms for its initial public offering on Friday, Refinitiv IFR reported.
Nintendo shares fall as much as 5% after conservative guidance
Nintendo Co Ltd's shares fell as much as 5 percent in early Tokyo trading, a day after the gaming company offered conservative earnings guidance and urged caution on the roll-out of its Switch console in China.
Facebook files lawsuit against New Zealand company, three people
U.S. social media giant Facebook Inc on Thursday said it has filed a lawsuit in U.S. Federal court, against a company and three people in New Zealand, alleging the sale of fake engagement services on its Instagram photo-sharing platform.
Nintendo shares fall as much as 5% after conservative earnings guidance
Nintendo Co Ltd's shares fell as much as 5 percent in early Tokyo trading, a day after the gaming company offered conservative earnings guidance and urged caution on the roll-out of its Switch console in China.
Tesla's Elon Musk, SEC again ask for more time to reach deal over CEO's Twitter use
Tesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission on Thursday sought a second delay and requested to provide the court another joint submission on or before April 30, indicating whether they have reached an agreement to settle a dispute over Musk's use of Twitter, b...
Uber, Didi slam Mexico City's new rules on ride-hailing, including cash ban
Uber, Didi Chuxing and other ride-hailing firms on Thursday criticized a host of new regulations of the sector in Mexico's capital city, which include a ban on cash fares that could exclude many potential customers who lack bank accounts.
Amazon raises stakes for rivals with one-day delivery goal after profit surge
Amazon.com Inc plans to deliver packages to members of its loyalty club Prime in just one day, instead of two days, part of a spending ramp-up that may curb near-term profits and will up the ante for retail rivals such as Walmart Inc.
Grubhub profit better than expected, shares soar
Grubhub Inc's reported a first-quarter profit on Thursday that topped Wall Street's view after the restaurant delivery service ramped up spending to woo restaurant partners and encourage customers to order more often and spend more.
Uber to kick off investor road show with IPO terms on Friday
Ride-hailing company Uber Technologies Inc will unveil terms for its initial public offering on Friday, telling investors it will seek to be valued at between $80 billion and $90 billion, according to people familiar with the matter.
T-Mobile U.S. profit beats estimates as it signs up more customers
T-Mobile US Inc first-quarter revenue and profit jumped from a year earlier, beating Wall Street's estimates, as competitive pricing lured new subscribers to its monthly cellphone plans.
New York investigating Facebook over storage of 'unauthorized' email contacts
New York Attorney General Letitia James said on Thursday she is investigating Facebook Inc's unauthorized storage of up to 1.5 million Facebook users' email contact databases, the latest privacy issue to affect the U.S. social media giant.
Amazon aims to bring one-day delivery to Prime members around the globe
Amazon.com Inc plans to deliver packages to members of its loyalty club Prime in just one day, instead of two days, part of a spending ramp-up that might curb future profits after a blockbuster first quarter.
Uber to kick off investor roadshow with IPO terms on Friday
Ride-hailing company Uber Technologies Inc will unveil terms for its initial public offering on Friday, telling investors it will seek to be valued at between $80 billion and $90 billion, according to people familiar with the matter.
Intel cuts forecast as China data center sales remain weak
Chipmaker Intel Corp on Thursday cut its full-year revenue forecast and missed analysts' estimates for first-quarter sales for its higher-margin data center business, sending its shares down as much as 7.5%.
Grubhub profit better than expected; shares jump 5.3%
Grubhub Inc's reported a first-quarter profit on Thursday that topped Wall Street's view after the restaurant delivery service ramped up spending to encourage customers to order more often and spend more.