Nvidia posts biggest quarterly revenue growth in six years; shares soar
By Narottam Medhora(Reuters) - Nvidia Corp reported its biggest quarterly revenue growth in more than six years as demand soared for its gaming chips used in personal computers.Shares of the company,...
View ArticleLoeb's Third Point takes share stake in Apple, Visa and Dell
NEW YORK (Reuters) - Dan Loeb's Third Point hedge fund took a new share stake in Apple Inc, Visa Inc and Dell Technologies Inc during the third quarter, according to regulatory filings late on...
View ArticleU.S. charges Florida man in case linked to JPMorgan hacking probe
By Nate RaymondNEW YORK (Reuters) - A Florida man is the latest individual to face criminal charges in connection with what U.S. prosecutors say was an illegal bitcoin exchange owned by an Israeli...
View ArticleJudge orders Amazon refunds for children's in-app purchases
By Jonathan Stempel(Reuters) - A federal judge on Thursday directed Amazon.com Inc to set up a year-long process to reimburse parents whose children made in-app purchases without permission, but...
View ArticleAlibaba Singles' Day sales race past $5 billion in first hour
By Catherine CadellSHENZHEN, China (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd said it racked up more than $5 billion in transactions in the first hour of its annual 'Singles' Day'...
View ArticleToshiba returns to second quarter operating profit on strong memory chip sales
By Makiko YamazakiTOKYO (Reuters) - Japanese conglomerate Toshiba Corp swung to an operating profit in the July-September quarter, driven by strong demand for NAND flash memory chips from Chinese...
View ArticleJapan Display in talks for $704 million bailout from INCJ: WSJ
(Reuters) - Japan Display Inc is in advanced talks to receive a bailout amount of about 75 billion yen ($704.49 million) from Innovation Network Corp of Japan (INCJ), a government-backed fund and the...
View ArticleFinancial firms seek RegTech to cut regulatory chores, fight crime
By Elzio BarretoHONG KONG (Reuters) - Financial services firms are increasingly turning to digital technology to meet onerous regulatory demands aimed at fighting financial fraud, creating a niche tech...
View ArticleTencent splurges with $220 million worth of shares in surprise birthday giveaway
By Sijia JiangHONG KONG (Reuters) - Chinese tech giant Tencent Holdings Ltd is giving its employees more than HK$1.7 billion ($220 million) worth of company shares to help celebrate its 18th...
View ArticleEU questions U.S. over Yahoo email scanning, amid privacy concerns
By Julia FiorettiBRUSSELS (Reuters) - The European Commission has asked the United States about a secret court order Yahoo used to scan thousands of customer emails for possible terrorism links,...
View ArticleBondholders, Sawiris working on alternative plan for Brazil's Oi
SAO PAULO (Reuters) - Egyptian billionaire Naguib Sawiris and some creditors of Oi SA have renewed their ties and are working on a post-bankruptcy protection plan for the Brazilian phone carrier that...
View ArticleFacebook to stop ethnicity-based targeting for some ads
By Dustin Volz(Reuters) - Facebook Inc said on Friday it would no longer allow certain advertisers to exclude racial or ethnic groups when placing ads on its service, following criticism that the...
View ArticleTwitter impresses advertisers with BuzzFeed U.S. election livestream
By Tim Baysinger(Reuters) - Twitter Inc said it was able to deliver more viewers than promised to advertisers on a U.S. election night livestream, good news for the microblogging site as it tries to...
View ArticleU.S. airlines say outage linked to tech glitch at Sabre resolved
(Reuters) - American Airlines Group Inc and Alaska Air Group Inc said on Friday an outage related to a technical issue at reservation services provider Sabre Corp's computer systems has been...
View ArticleGlobal industry groups voice opposition to China cyber security law
By Dustin VolzWASHINGTON (Reuters) - More than 40 international business and technology organizations representing hundreds of companies on Friday expressed “deep concerns” to the Chinese government...
View ArticleEx-Autonomy CFO indicted in U.S., accused of deceiving HP
By Nate Raymond(Reuters) - The former chief financial officer of British software company Autonomy has been indicted on U.S. charges of engaging in a fraudulent scheme to deceive investors and Hewlett...
View ArticleConsumer drone business stumbles, but commercial markets beckon
By Heather SomervilleSAN FRANCISCO (Reuters) - The fledgling drone industry is in the throes of change as weak consumer demand and falling prices drive startups to shift their focus to specialized...
View ArticleBangladesh retrieves a fifth of $81 million stolen in cyber heist
By Ruma PaulDHAKA (Reuters) - Bangladesh's central bank has retrieved just under a fifth of the $81 million that was stolen from its account at the New York Federal Reserve in February, a Bangladesh...
View ArticleExclusive: Koch investment arm nears deal for stake in Infor, in tech push -...
By Liana B. Baker and Greg Roumeliotis(Reuters) - The private investment arm of Koch Industries, the industrial conglomerate of the billionaire Koch brothers, is nearing a deal to acquire a significant...
View ArticleDubai businessman Alabbar, Saudi SWF launch $1 billion e-commerce platform
By Alexander CornwellDUBAI (Reuters) - Prominent Emirati businessman Mohamed Alabbar said on Sunday he had teamed up with Saudi Arabia's Public Investment Fund (PIF) and other private investors to...
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