Vimeo revenue jumps 54 percent in 2018, paying subscribers near 1 million

Online video platform Vimeo's revenue jumped 54 percent last year as its subscriber base surpassed 950,000, its parent group IAC said on Thursday.

Vimeo revenue hits $160 million in 2018, paying users near 1 million

Online video platform Vimeo's paying subscriber base grew to about 952,000 at the end of 2018 and the company made $160 million in revenue during the year, its parent group IAC revealed on Thursday.

Canada securities watchdog says crypto firm Quadriga beyond its purview

British Columbia Securities Commission, the province's securities regulator, said on Thursday that it does not regulate Quadriga CX, the Vancouver, B.C.-based digital platform whose founder died in December, trapping millions of dollars in cryptocurrencies in its accounts.

Apple to contribute to U.S. teen's education for spotting FaceTime bug

Apple Inc on Thursday rolled out software updates to iPhones to fix a privacy issue in its FaceTime video calling service, and said it would contribute toward the education of the Arizona teenager who discovered the problem.

Postmates confidentially files for IPO

Grocery and food delivery platform Postmates Inc said on Thursday it had confidentially filed for an initial public offering with the U.S. Securities and Exchange Commission.

Exclusive: Dell explores sale of cybersecurity company SecureWorks - sources

Computer maker Dell Technologies Inc is exploring a sale of SecureWorks Corp, a U.S. provider of cybersecurity services with a market value of close to $2 billion, people familiar with the matter said on Thursday.

Apple rolls out fix for FaceTime privacy bug

Apple Inc on Thursday released a fix for a software bug that had let iPhone users hear audio from users who had not yet accepted a video call.

Huawei open to European supervision: executive in speech

Chinese telecoms giant Huawei wants cybersecurity to be viewed as a technical rather than ideological issue and is open to supervision by European governments to prove the point, a senior company executive is expected to say on Thursday evening.

Illumio raises $65 million, J.P. Morgan Asset Management leads round

Cyber security firm Illumio said on Thursday it raised $65 million in a funding round led by J.P. Morgan Asset Management that will be used to help the money-losing company expand outside the United States.

Twitter shares tumble on forecasts for weaker revenue, higher costs

Twitter Inc forecast that revenue in the first quarter would be weaker than expected while full-year operating costs would rise, sending shares down more than 10 percent in midday trading on Thursday.

Airbnb hires airline executive in move to offer transportation services

Airbnb is preparing to add transportation options to its line-up of travel services, as the online company seeks to find new areas of growth outside its original home-renting business.

Exclusive: Dell explores sale of cyber security company SecureWorks - sources

Computer maker Dell Technologies Inc is exploring a sale of SecureWorks Corp, a U.S. provider of cyber security services with a market value of close to $2 billion, people familiar with the matter said on Thursday.

Startup Aurora gets $530 million boost to build self-driving cars

Self-driving car startup Aurora has raised more than $530 million in fresh funding, bucking recent skepticism by investors and industry players that autonomous vehicle technology has been overhyped.

Amazon calls for transparent use of facial ID tech by law enforcement agencies

Amazon.com Inc on Thursday joined the call for transparency in the use of facial recognition technology by law enforcement agencies, and said it supports an "appropriate" legislative framework on the technology to protect civil rights.

Germany does not want to exclude Huawei from 5G buildout: Handelsblatt

The German government wants to avoid excluding products offered by China's Huawei Technologies from the build-out of the next generation 5G network in Germany, business daily Handelsblatt reported on Thursday, citing government sources.

GrubHub results, forecast miss estimates, shares tank

GrubHub Inc reported lower-than-expected quarterly results on Thursday and forecast adjusted earnings before interest, tax, depreciation and amortization (EBITDA) for the full year below Wall Street estimates, sending its shares down 21 percent to a two-year low.

Twitter shares sink after weaker-than-expected revenue forecast

Twitter Inc said on Thursday revenue in the first quarter would be weaker than expected while full-year operating costs would rise, sending shares down more than 7 percent in premarket trading.

Wirecard denies new FT report after shares plunge again

German payments company Wirecard on Thursday denied a report by the Financial Times regarding "suspected book-padding" at the group's Asian operations and which traders said sent shares down.

GrubHub's quarterly results miss estimates as expenses rise

GrubHub Inc's fourth quarter results missed analysts' estimates on Thursday as the online food delivery company continues to increase spending on marketing and expansion activities to attract more people to its platforms.

Twitter shares sink after disappointing revenue forecast

Twitter Inc forecast first-quarter revenue that was below analyst estimates on Thursday and said the number of users fell in the fourth quarter, sending its shares down 6 percent in premarket trading.

T-Mobile results beat on higher subscriber additions

T-Mobile US Inc on Thursday beat Wall Street estimates for quarterly revenue and profit, as the wireless carrier added more net new phone subscribers who pay a monthly bill.

Germany to restrict Facebook's data gathering activities

Facebook has been ordered to curb its data collection practices in Germany after a landmark ruling on Thursday that the world's largest social network abused its market dominance to gather information about users without their consent.

Twitter forecast first-quarter revenue below estimates, shares fall

Twitter Inc forecast first-quarter revenue below Wall Street estimates and reported a drop in users for the fourth quarter on Thursday, sending its shares down 8 percent in early trading.

Ambani to invest $1.4 billion in Indian state, will help e-commerce expansion

India's Reliance Industries will invest 100 billion rupees ($1.4 billion) in the eastern state of West Bengal, a part of which would fund the company's new e-commerce venture, its chairman Mukesh Ambani said on Thursday.

Mobile roaming will not be protected in no-deal Brexit: UK minister

British tourists could see the return of expensive mobile roaming charges when they go on holiday the day after Britain leaves the European Union in the event of a no-deal Brexit, Digital Minister Jeremy Wright said on Thursday.

Italy denies it will ban Huawei, ZTE from its 5G plans

Italy has denied a report it will ban China's Huawei Technologies and ZTE Corp from playing a role in building its fifth-generation mobile phone network.

Brick by Lego brick, teen builds his own prosthetic arm

David Aguilar has built himself a robotic prosthetic arm using Lego pieces after being born without a right forearm due to a rare genetic condition.

Italy government denies report it will ban Huawei, ZTE from 5G plans

The industry ministry denied on Thursday a newspaper report that it planned to ban China's Huawei Technologies and ZTE Corp from participating in the roll out of Italy's 5G infrastructure.

Nikon gets Foxconn request to delay equipment installation at China plant

Nikon Corp said it had been requested by Foxconn Technology Group to delay the installment of equipment at the Taiwanese firm's new liquid crystal display (LCD) plant in the southern Chinese city of Guangzhou.

Facebook's data gathering hit by German anti-trust clampdown

Germany's antitrust watchdog ordered a crackdown on Facebook's data collection practices after ruling the world's largest social network abused its market dominance to gather information about users without their knowledge or consent.