SAN FRANCISCO (Reuters) – A flood of Snap Inc shares held back since the Snapchat owner’s initial public offering could start to trade freely next week, pressuring a stock that has already plunged far below its debut price.
LAS VEGAS (Reuters) – Hackers attending this weekend’s Def Con hacking convention in Las Vegas will have a chance to break into voting machines and voter databases in a bid to uncover vulnerabilities that could be exploited to sway election results.
VIENNA (Reuters) – Mobile firm Hutchison Drei Austria said on Friday it would buy landline-focused Tele2 from its Swedish owner for 95 million euros ($111 million), creating a telecoms group to rival Telekom Austria.
TOKYO (Reuters) – Japan’s Sharp Corp reported its third consecutive quarter of net profit on Friday, staying on track to achieve its first annual profit in four years following a cost-cutting drive under Taiwanese owner Foxconn.
HONG KONG (Reuters) – Chinese startup Ofo is in talks to raise $1 billion in a new funding round led by Japan’s SoftBank Group, people familiar with the matter said, in what would be the largest fund-raising in the nation’s bike-sharing business.