Turquoise's block trading platform continues to draw flow
By Helen ReidLONDON (Reuters) - The dark pool for large block trades operated by London Stock Exchange's Turquoise platform continued to draw in more investors last month as the industry prepares for a...
View ArticleMcDonald's U.S. turnaround shifts to technology, speedier service
By Lisa BaertleinCHICAGO (Reuters) - McDonald's Corp on Wednesday announced a push to embrace apps aimed at speeding up service at drive-thrus, which account for about 70 percent of its U.S. business,...
View ArticleSnap vaults venture investor Lightspeed into the Silicon Valley elite
By Heather SomervilleSAN FRANCISCO (Reuters) - A decade ago, Lightspeed Venture Partners was an obscure firm investing in highly technical startups that were mostly unknown outside of Silicon...
View ArticleFacebook's Oculus cuts price of virtual reality set by $200
By David IngramSAN FRANCISCO (Reuters) - Facebook Inc's virtual reality unit Oculus has cut $200 from the total price of its flagship hardware set, in a bid to expand the system's base of video game...
View ArticleU.S. appeals court tosses patent verdict against Apple
By Jan Wolfe(Reuters) - A federal appeals court has thrown out a jury verdict that had originally required Apple Inc to pay $533 million to Smartflash LLC, a technology developer and licenser that...
View ArticleParrot to pursue profits with commercial drones
By Manon Jacob(Reuters) - French drone maker Parrot aims to return to profitability by 2018 by expanding its commercial drone business, its finance chief said on Wednesday.Companies and governments are...
View ArticleFCC blocks stricter broadband privacy rules from taking effect
By David ShepardsonNEW YORK (Reuters) - U.S. regulators on Wednesday blocked some Obama administration rules on the eve of implementation, regulations that would have subjected broadband providers to...
View ArticleMajor U.S tech accelerator plans Canada expansion -sources
TORONTO (Reuters) - A major U.S.-based accelerator for promising young technology companies is set to announce plans to launch its first Canadian chapter, two sources with knowledge of the plans said...
View ArticleCloud software provider Box makes good on promise to investors
By Heather Somerville(Reuters) - Box Inc is finally bringing in more money than it is spending, the cloud software company said on Wednesday, a milestone investors have been waiting for since its...
View ArticlePotential SoftBank-WeWork deal highlights flexible office trend
By Herbert LashNEW YORK (Reuters) - Burgeoning interest and investment in flexible workspaces is pushing a small corner of the commercial real estate market into the corporate mainstream, and drawing...
View ArticleHTC virtual reality unit Vive will not match Oculus price cut: statement
SAN FRANCISCO (Reuters) - HTC Corp's virtual reality unit Vive said on Wednesday it would not cut the price of its system in response to a price cut announced earlier in the day by rival Facebook Inc's...
View ArticleExclusive: SEC advisory committee to question Snap's transparency for investors
By Ross KerberBOSTON (Reuters) - An investor committee that advises the U.S. Securities and Exchange Commission will next week review if Snap Inc's decision to deny shareholders voting rights might...
View ArticleTesla's SolarCity cut 20 percent of staff in 2016
(Reuters) - SolarCity, which was acquired by Tesla Inc at the end of last year, slashed nearly 20 percent of its staff in 2016 as it sought to preserve cash amid slowing growth in the rooftop solar...
View ArticleYahoo says about 32 million accounts accessed using 'forged cookies'
(Reuters) - Yahoo Inc , which disclosed two massive data breaches last year, said on Wednesday that about 32 million user accounts were accessed by intruders in the last two years using forged...
View ArticleHulu to launch non-stop customer service as it readies live TV
(Reuters) - Hulu will provide customer help 24 hours a day, seven days a week ahead of the upcoming launch of its live TV streaming service, and plans to open a service center by the fall, doubling...
View ArticleSamsung Electronics creates office for product quality improvement
SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd said on Thursday it had created an office for global product quality improvements, as the firm tries to recover from the costly failures of its...
View ArticleUber rival Lyft looking to raise $500 million fresh funds: source
(Reuters) - Uber competitor Lyft is pitching investors on a new funding round and hopes to net at least $500 million, according to a source familiar with the matter.The $500 million fundraising would...
View ArticleMusk says Tesla to run contest for homemade commercials
(Reuters) - Elon Musk, an active Twitter user, has been Tesla's mouthpiece to the public, informing them about the electric car maker's upcoming products and plans.On Wednesday, in response to a letter...
View ArticleSnap's sought-after shares set for market debut after $3.4 billion IPO
By Lauren HirschNEW YORK (Reuters) - Snap Inc's in-demand shares are set to start trading in New York on Thursday after the owner of the popular Snapchat messaging app raised $3.4 billion in its...
View ArticleToshiba to sell $134 million worth of shares in molding machine affiliate
TOKYO (Reuters) - Toshiba Corp said it will sell almost all its stake in affiliate Toshiba Machine Co for $134 million as it scrambles for cash to stave off a financial collapse.Toshiba Machine, which...
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