Tech

  • Tesla sets massive stock awards for Musk based on boosting market value BANGALORE/SAN FRANCISCO (Reuters) – Silicon Valley billionaire Elon Musk could earn as much as $55.8 billion in Tesla Inc stock and own more than a quarter of the electric car company in the next decade if he hits all targets of a bold new pay plan. Share this:Click to email this to a friend (Opens in ...
  • Qualcomm set to be fined by EU antitrust regulators: FT (Reuters) – The European Union is set to fine U.S. chipmaker Qualcomm Inc for taking advantage of its dominance when it paid Apple Inc to use its chips exclusively in Apple mobile devices, The Financial Times reported on Tuesday. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • Google gets into audiobooks as rivalry with Amazon heats up SAN FRANCISCO (Reuters) – Alphabet Inc’s Google introduced audiobooks to its online store on Tuesday, making its smart speakers and virtual assistant more competitive with Amazon.com Inc’s Echo devices and Alexa voice assistant. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on ...
  • Phone-addicted teens aren’t as happy as those who play sports and hang out IRL, new study suggests  To no parent’s surprise, too much smartphone use makes teens unhappy. So says a new study from San Diego State University, which pulled data from over one million 8th-, 10th-, and 12th-graders in the U.S. showing teens who spent more time o… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • DJI Announces Mavic Air Drone to Combine ‘Best Features’ of Mavic Series With Portability of Spark Drone maker DJI today unveiled the “Mavic Air” at an event in New York City, stating that the new drone combines the “best features” of the Mavic series into an ultra-portable and foldable drone in line with last year’s Spark model. Mavic Air includ… Share this:Click to email this to a friend (Opens in new window)Click to ...
  • KGI: 6.1-Inch iPhone to Have Single-Lens Rear Camera, Aluminum Frame, 3GB RAM, and No 3D Touch, Cost $700-$800 KGI Securities analyst Ming-Chi Kuo today shared additional details about the rumored 6.1-inch iPhone that he expects to launch in the second half of 2018. We already know the mid-range device is said to have some iPhone X features, including Face… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • Twitter COO Noto jumps ship to head online lender SoFi (Reuters) – Twitter Inc’s Chief Operating Officer Anthony Noto has resigned to join online lender Social Finance Inc (SoFi) as its chief executive officer. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on ...
  • Elon Musk’s new Tesla compensation plan only pays if he delivers  Elon Musk’s new Tesla compensation package is the CEO equivalent of putting your money where your mouth is: He’ll only be paid out if he manages to raise the value of Tesla as a company to certain milestones, kind of like Kickstarter … Share this:Click to email this to a friend (Opens in new window)Click to ...
  • UBS chairman warns against bitcoin investment as cryptocurrency falls 12% Axel Weber says cryptocurrency ‘not an investment we would advise’ while South Korea bans anonymous tradingBitcoin has fallen 12% over 24 hours while the chairman of UBS warned against investing in it and South Korea continued to crack down on cryptocu… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Uber CEO says relationship with ex-chief Kalanick ‘fine but strained’ (Reuters) – Uber Chief Executive Dara Khosrowshahi said the ride-hailing company’s relationship with former chief Travis Kalanick was “fine but strained”. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in ...
  • Facebook to hand privacy controls to users ahead of EU law BRUSSELS (Reuters) – Facebook will make it easier for its more than 2 billion users to manage their own data in response to a tough new European Union law that comes into force in May, the social network’s Chief Operating Officer Sheryl Sandberg said. Share this:Click to email this to a friend (Opens in new window)Click ...
  • Musk may get no salary unless Tesla hits milestones (Reuters) – Silicon valley billionaire Elon Musk will get no salary or cash bonuses from Tesla Inc and all his compensation as Chief Executive of the electric car maker will be tied to stock and operational milestones, the company said on Tuesday. Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • Netflix shares hit record high after blockbuster results (Reuters) – Shares in Netflix Inc rose 9 percent to a record high in premarket trading on Tuesday after the video streaming service trounced Wall Street targets for new subscribers in the fourth quarter. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to ...
  • Apple debuts a dashboard for artists that tracks both streams and purchases  Apple today launched a new dashboard that will allow artists on Apple Music to track fans’ listening and buying habits and view a variety of analytics about their music, according to Billboard, which had the launch exclusive from Apple. The… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • Aspect Ventures raises $181 million fund  Aspect Ventures has finalized its second fund. The team led by Jennifer Fonstad and Theresia Gouw has closed $181 million, up from $150 million it raised at its inception three years ago.  An SEC filing last year alerted us that the team was fund… Share this:Click to email this to a friend (Opens in new window)Click ...
  • Microsoft could lose big if it curbs sales in Russia: minister MOSCOW (Reuters) – Microsoft could lose billions of dollars if it chooses to restrict its Russian clients due to sanctions, Russian communications minister Nikolai Nikoforov was quoted by local news agencies as saying on Tuesday. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to ...
  • Waymo to start testing self-driving cars in Atlanta (Reuters) – Waymo, Alphabet Inc’s self-driving car unit, would start testing its self-driving vehicles in Atlanta, it said on Twitter on Monday. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in ...
  • Crunch Report | Netflix is now worth more than $100 billion Netflix is now worth more than $100 billion, Uber Eats acquires Ando and Rupert Murdoch wants Facebook to pay for the news. All this on Crunch Report. Read More Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new ...
  • Intel asks customers to halt patching for chip bug, citing flaw (Reuters) – Intel Corp said on Monday that patches it released to address two high-profile security vulnerabilities in its chips are faulty, advising customers, computer makers and cloud providers to stop installing them. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share ...
  • China online quiz craze lures prize seekers, tech giants BEIJING/SHANGHAI (Reuters) – It seems like a game everyone wins: some of China’s biggest tech companies, looking to hook in new consumers, are using cash prizes to draw millions of contenders to mobile-based online quiz shows. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click ...
  • Montana governor takes stand for state to honor ‘net neutrality’ WASHINGTON (Reuters) – Montana will sign contracts only with internet service providers that honor “net neutrality” firms, Governor Steve Bullock said on Monday, the latest effort by a state to undermine a Federal Communications Commission order rollin… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • U.S. product lets investors triple bet on popular tech stocks (Reuters) – Investors are getting a high-octane way to bet on or against the stock market’s technology leaders. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share ...
  • South Korea to ban cryptocurrency traders from using anonymous bank accounts SEOUL (Reuters) – South Korea will ban the use of anonymous bank accounts in cryptocurrency trading from Jan. 30, regulators said on Tuesday in a widely telegraphed move designed to stop virtual coins from being used for money laundering and other crim… Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • LG Display fourth-quarter profit slumps on falling panel prices SEOUL (Reuters) – South Korea’s LG Display Co Ltd, the world’s biggest maker of LCD panels for TVs, said its fourth-quarter operating profit plunged 95 percent from a year earlier, hurt by falling panel prices and investment in its OLED business. Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Adobe lifts profit forecast on tax reform boost (Reuters) – Photoshop maker Adobe Systems Inc on Monday lifted its adjusted profit forecast for the current quarter and the full year, saying it expects its effective tax rate to decline “substantially” due to the recently enacted U.S. tax reforms. Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Apple Is Partnering With Malala’s Non-Profit to Educate More Than 100,000 Girls “I want to see every girl decide their future” Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Click to share on ...
  • Facebook should pay ‘trusted’ news publishers carriage fee: Murdoch (Reuters) – Media mogul Rupert Murdoch on Monday called on Facebook to pay “trusted” news publishers a carriage fee, similar to the model used by cable companies, amid efforts by the social media company to fight misinformation on its platform. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • Icahn, Deason join forces to demand Xerox explore options (Reuters) – Hedge fund managers Carl Icahn and Darwin Deason joined forces on Monday to push Xerox Corp to explore strategic options, oust its “old guard”, including its CEO, and negotiate better terms for its decades-long deal with Japan’s Fujifilm. Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • New study predicts Atlanta has best shot at becoming Amazon’s HQ2  A demographic and place data firm has ranked Amazon’s HQ2 top 20 picks across a number of factors to predict which city the tech giant will choose for its new headquarters. The firm, Sperling BestPlaces, has had a fairly good track record w… Share this:Click to email this to a friend (Opens in new window)Click to ...
  • ADP acquires workforce management software startup WorkMarket  Payroll provider ADP said it is acquiring WorkMarket, a startup that specializes in workforce management software that operates across a wide range of employees and contractors, for an undisclosed sum. The software aims to create a kind of unifie… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • More than 10 percent of $3.7 billion raised in ICOs has been stolen: Ernst & Young NEW YORK (Reuters) – More than 10 percent of funds raised through “initial coin offerings” are lost or stolen in hacker attacks, according to new research by Ernst & Young that delves into the risks of investing in cryptocurrency projects online. Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Tiberius to jump into cryptocurrencies with metals-backed digital coin LONDON (Reuters) – Swiss-based commodities fund Tiberius Group plans to make a foray into cryptocurrencies with the launch of what may be the first digital money underpinned by physically deliverable metals including industrials such as aluminium and c… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • Business booms for privacy experts as landmark data law looms SAN FRANCISCO (Reuters) – Business is booming for software and privacy experts as companies across the globe spend millions of dollars to comply with a landmark European data protection law, even as many uncertainties remain about how the rules will be… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • French Finance Minister backs contract renewal for embattled Orange CEO Richard PARIS (Reuters) – Orange Chief Executive Stephane Richard’s contract should be renewed, France’s finance minister said on Monday, even after Richard was ordered to stand trial for abusing public funds in a case unrelated to the telecommunications firm…. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • Craft and tech mingle at French couture house Fournie PARIS (Reuters) – At his Paris workshop, haute couturier Julien Fournie is surveying the final tucks and tweaks to his outfits as models try on his hand-stitched silk gowns, bringing to life creations he first sketched on a tablet.  Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • UK’s Computacenter says to beat 2017 expectations, sees stable 2018 (Reuters) – Computacenter Plc’s 2017 adjusted pre-tax results are set to beat expectations driven by strength across Germany, the United Kingdom and France, the British IT services company said on Monday. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens ...
  • Selfie app Snow, once a Snapchat clone, raises $50M from SoftBank and Sequoia China  It’s been a while since we heard from Snow, the Snapchat clone app in Asia that Facebook once tried to buy, but today the company behind it has scooped up a $50 million investment from SoftBank and Sequoia China. Snow was started by Naver, … Share this:Click to email this to a friend (Opens in new window)Click ...
  • Icahn, Deason to jointly push Xerox to explore selling itself, other options: WSJ (Reuters) – Investor Carl Icahn and Darwin Deason, the biggest- and third-largest shareholders of Xerox Corp, jointly plan to push the printer and photocopier maker to explore options, including a sale of the firm, the Wall Street Journal reported on S… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Icahn, Deason call on Xerox to explore options, including sale: WSJ (Reuters) – Hedge fund investor Carl Icahn and another major owner of Xerox Corp stock, Darwin Deason, are pushing the digital print technology provider to explore strategic alternatives, including a sale, the Wall Street Journal reported on Sunday. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • Toshiba considering IPO for memory chip unit: FT TOKYO (Reuters) – Toshiba Corp is considering an IPO of its prized memory chip business if an agreed $18 billion sale of the unit to Bain Capital fails to gain antitrust approval by the end of March, the Financial Times reported on Monday. Share this:Click to email this to a friend (Opens in new window)Click ...
  • Sphero lays off dozens as it shifts focus to education  Sphero was ready to conquer the world last year. The company quintupled its product release schedule, flying high with the help of a Disney licensing deal that gave the world several Star Wars droids and talking Spider-Man and Lightning McQueen r… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • Facebook to open digital training hubs in Europe BRUSSELS (Reuters) – Facebook said on Monday it will open three new centers in Europe to train people in digital skills and committed to training one million people over the next two years, part of the social media giant’s drive to show its contributi… Share this:Click to email this to a friend (Opens in new ...
  • 2018 might be Amazon’s year to take a leading role in online advertising  With WPP’s over 200,000 employees and a $75 billion media book, Sir Martin Sorrell has a uniquely privileged insight into the future of the online advertising industry. And he believes that 2018 might be the year that a third company joins … Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • Canada’s Hydro Quebec unable to meet demand from digital currency miners MONTREAL (Reuters) – Canada’s largest utility, Hydro Quebec, is reviewing its commercial energy strategy after being inundated with demand from global digital currency miners rushing to the province to benefit from political stability and low energy pr… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • Vista Equity explores options for PowerSchool, PeopleAdmin: sources (Reuters) – Private equity firm Vista Equity Partners Management LLC is exploring options for two software companies it owns, PowerSchool and PeopleAdmin, that could involve combining them in a deal worth between $2 billion to $3 billion, according to … Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • Crunch Report | Google and Tencent ink patent agreement Google inks a patent deal with Tencent, Tile lays off 30 people and Apple hires the tech team from Silicon Valley Data Science (SVDS). All this on Crunch Report. Read More Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens ...
  • Beats Pill+ Bluetooth Speaker in White Discounted to $116 at Target and Amazon The Beats Pill+ Bluetooth speaker has received a notable discount today at two retailers, with the White model specifically getting marked down to one of the lowest price points seen for the device. At both Target and Amazon you can get the Beats Pill+… Share this:Click to email this to a friend (Opens in new window)Click ...
  • Ex-IBM employee from China gets five years prison for stealing code NEW YORK (Reuters) – A former software engineer for IBM in China was sentenced to five years in prison after he pleaded guilty to stealing proprietary source code from the company, prosecutors announced on Friday. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to ...
  • Facebook to prioritize ‘trustworthy’ news based on surveys SAN FRANCISCO (Reuters) – Facebook Inc will prioritize “trustworthy” news in its feed of social media posts, using member surveys to identify high-quality outlets and fight sensationalism and misinformation, Chief Executive Mark Zuckerberg said on Frid… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click ...
  • Twitter to notify users exposed to Russian propaganda during U.S. elections (Reuters) – Twitter Inc, which is reviewing Russian interference during the 2016 U.S. elections, said on Friday it would notify some of its users whether they were exposed to content generated by a suspected Russian propaganda service. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • Fli Charge demonstrates its charging pad with Craftsman power tools  Don’t call Fli Charge wireless charging. Fli Charge is conductive charging. It’s just like plugging something into a wall but uses powered surfaces to distribute power. And thanks to proprietary tech, it’s safe to the touch and … Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • The BecDot is a toy that helps teach vision-impaired kids to read braille  Learning braille is a skill that, like most, is best learned at an early age by those who need it. But toddlers with vision impairment often have few or no options to do so, leaving them behind their peers academically and socially. BecDot is a t… Share this:Click to email this to a friend (Opens in ...
  • MoviePass says it will start acquiring movies, too  On the heels of hitting a 1.5 million subscriber milestone and bringing on a new marketing chief, the subscription service for watching movies in theaters, MoviePass, today announced it’s going to start buying movies, too. The company says … Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • IBM shares fall on soft profit outlook (Reuters) – Shares in International Business Machines fell 2.6 percent on Friday as analysts judged a “disappointing” full-year profit forecast showed that the company would take more time to get back on a path of steady growth. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • U.S. CFTC sues three virtual currency operators for fraud WASHINGTON (Reuters) – The U.S. derivatives watchdog said on Friday that it has filed charges against three separate virtual currency operators alleging the defendants had defrauded customers and broken other commodity trading rules, in a further sign … Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • Amazon boosts monthly fee for Prime by $2, maintains yearly rate (Reuters) – Amazon.com Inc raised the monthly fee for the U.S. version of its fast-shipping and video-streaming service Amazon Prime by $2 on Friday, making the case for subscribers to upgrade to an annual plan. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click ...
  • Amazon raises monthly fee for Prime service by 18 percent (Reuters) – Amazon.com Inc on Friday raised the monthly fee for Amazon Prime, its fast-shipping and video-streaming service, to $12.99 from $10.99, while maintaining the annual fee. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click ...
  • Apple Tops Fortune’s List of World’s Most Admired Companies for 11th Consecutive Year Apple has topped Fortune’s annual list of the World’s Most Admired Companies for the 11th consecutive year. Apple finished ahead of Amazon, the runner-up for a second consecutive year, while Google’s parent Alphabet, Warren Buffett’s holding company… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click ...
  • Xiaomi to expand store network in Indian tussle with Samsung MUMBAI (Reuters) – China’s Xiaomi plans to expand its Indian store network as it attempts to grab the lead in a smartphone market which Korea’s Samsung has dominated for more than five years. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on ...
  • Facebook Doubling Down on Stories Format By Testing Ability to Post From Desktop Facebook is testing a feature that will let users post stories on Mac and PC, in an effort to further make the ephemeral sharing feature stick on the platform. Once the test rolls out wide, Facebook users will be able to click an “Upload Photo” button … Share this:Click to email this to a friend (Opens ...
  • French VC firm Ring Capital raises $170 million fund  Meet Ring Capital, a brand new VC firm based in Paris. The firm just raised a new $170 million fund (€140 million) and might still be raising another $10 million or so for this fund. Many new VC firms tend to focus on seed rounds at first. Ring C… Share this:Click to email this to a ...
  • India sends tax notices to cryptocurrency investors as trading hits $3.5 billion NEW DELHI (Reuters) – India has sent tax notices to tens of thousands of people dealing in cryptocurrency after a nationwide survey showed more than $3.5 billion worth of transactions have been conducted over a 17-month period, the income tax departmen… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Huawei founder, top executives to pay $469,000 fine for management oversight HONG KONG (Reuters) – Top executives of Huawei Technologies Co , including founder Ren Zhengfei, will pay a self-imposed fine totaling 3 million yuan ($469,000) for management oversight of some quality breaches at the firm, an internal company … Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • South Korean group files complaint against Apple CEO over iPhone slowdown SEOUL (Reuters) – A South Korean consumer group has filed a criminal complaint against Apple Inc CEO Tim Cook over slower iPhone devices, after probes in Europe into allegations the firm had deliberately shortened the life of its handsets. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • Crunch Report | Amazon reveals 20 finalists for second HQ The 20 finalist cities for Amazon’s second HQ are announced, HuffPost drops its free contributor platform and Uber’s SoftBank deal officially closes. All this on Crunch Report. Read More Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new ...
  • SEC says bitcoin funds raise ‘investor protection issues’ (Reuters) – The U.S. securities regulator on Thursday raised alarm about the safety of bitcoin-themed investments, telling the fund industry they want answers to their concerns before endorsing more than a dozen proposed products based on cryptocurrenc… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • Snap Inc. lays off at least two dozen amid slowed user growth and engagement  Snap Inc. has laid off at least two dozen people across several divisions within the company, according to The Information, which first reported the news. Snap has since confirmed these layoffs, which largely affect those on the content teams in … Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Apollo-owned security firm ADT’s IPO prices below target (Reuters) – U.S. security company ADT Corp , owned by private equity firm Apollo Global Management LLC , said on Thursday its initial public offering (IPO) was priced well below its expected range, signaling investors are being picky about new offering… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Apple revamps web design for App Store  Apple has updated the look of its web-based App Store, 9to5Mac first reported. It definitely has the feel of the iOS 11 App Store, which Apple completely redesigned and launched last September. But, unlike iOS 11, there’s no focus on app di… Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • SoftBank is now Uber’s largest shareholder as deal closes SAN FRANCISCO (Reuters) – A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controvers… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • Home security company ADT Inc’s IPO priced at $14 per share (Reuters) – ADT Inc, a provider of security monitoring services, said on Thursday that its initial public offering was priced at $14 per share, below the expected range of $17 to $19. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn ...
  • IBM returns to growth, but shares drop after recent rally (Reuters) – International Business Machines Corp’s revenue rose for the first time in 23 quarters and beat analysts’ estimates as the company’s shift into its focus areas such as cloud computing and security services gains traction. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • Amazon’s review of Toronto could escalate tension with Trump TORONTO (Reuters) – Amazon.com Inc’s inclusion of Canada’s largest city on a list of 20 finalists for a massive new campus could escalate tensions between the tech giant and U.S. President Donald Trump. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on ...
  • Amazon shortlists 20 cities, including Toronto, for second headquarters (Reuters) – Amazon.com Inc has short-listed 20 cities and regions, including Canada’s Toronto, for the construction of a second headquarters that it says will generate 50,000 new, high-paying jobs in a $5 billion investment. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share ...
  • Exclusive: Amazon Studios to cut back on indie films in programming shift: sources SAN FRANCISCO/NEW YORK (Reuters) – Amazon.com Inc , which has made waves in recent years buying art-house movies at the Sundance Film Festival, is heading to the prestigious event this week with a long-term change in the works: It plans to shift resour… Share this:Click to email this to a friend (Opens in new window)Click to ...