Micron sales, profit miss estimates as chip glut hurts prices

U.S. chipmaker Micron Technology Inc gave on Tuesday quarterly sales and profit forecasts well below Wall Street estimates, citing a market glut of memory chips as consumer and business demand for phones and computers is weakening.

Blythe Masters steps down as CEO of blockchain startup Digital Asset

Blockchain startup Digital Asset’s chief executive officer and one of the most prominent supporters of the distributed ledger technology on Wall Street, Blythe Masters, is stepping down after about four years in the role, the company said on Tuesday.

Micron sales miss target as chip glut hurts prices

U.S. chipmaker Micron Technology Inc on Tuesday gave quarterly sales and profit forecasts well below Wall Street estimates, citing a market glut of memory chips as consumer and business demand for phones and computers is weakening.

Yelp, Consumer Watchdog lose Google intervention bid

Search company Yelp and lobby group Consumer Watchdog lost their joint bid to intervene in Google’s challenge of a 2.4 billion euro ($2.7 billion) EU antitrust fine after a court said they had no direct interest in the case.

Uber gets approval from Pennsylvania to resume self-driving testing

Uber Technologies Inc received approval from Pennsylvania to resume self-driving car testing on public roads this week, state records show, nine months after it suspended the program following a deadly accident in Arizona.

Micron quarterly revenue misses estimates on falling chip prices

Chipmaker Micron Technology Inc on Tuesday missed Wall Street estimates for quarterly revenue, hurt by falling prices for its memory chips due to a supply glut.

U.S. agency to speed reviews of automaker self-driving petitions

The U.S. auto safety regulator said on Tuesday it is speeding up the process for reviewing whether automakers can deploy self-driving vehicles without devices such as brakes and steering wheels.

Yelp loses bid to intervene in Google antitrust challenge

U.S. search and advertising company Yelp has lost its bid to intervene in Google’s challenge against a 2.4 billion euro ($2.7 billion) EU antitrust fine after an EU court said it had no direct interest in the case.