Archive — Page 10
Browse historical coverage in reverse chronological order.
Travel aggregator Omio hops over the pond to launch in North America – StockSharksNewsh
Travel aggregator Omio, which operates a multimodal transport planning and booking platform for intercity and long distance tips, has hopped over the pond to launch in North America — its first market outside its home base of Europe. From…
Vietnam’s Vingroup scraps plan to launch airline to focus on tech
HANOI (Reuters) – Vietnam’s largest conglomerate Vingroup JSC said on Tuesday it has scrapped a plan to launch an airline and will instead focus on technology development and industrial production. The company last year applied for a…
Iran Warns Protesters as It Grapples With Unrest Over Plane Crash
TEHRAN—Iranian authorities warned protesters not to stage further antigovernment demonstrations, as a video appeared to show security forces using tear gas to contain protests over the weekend. The demonstrations broke out after the…
Disney’s streaming services worth over $100 billion, investors believe
Attendees visit the Disney+ streaming service booth at the D23 Expo on August 23, 2019 at the Anaheim Convention Center in Anaheim, California. ROBYN BECK | AFP | Getty Images Disney’s streaming business is already being valued by…
Dinner Bell vs. Doorbell: When Mom and Dad Cook, the Kids Send for DoorDash
Shelley Jones Davis was preparing a meal for a family gathering at her home in Tacoma, Wash., on a recent Sunday evening when the doorbell rang. Ms. Davis was surprised—and annoyed—to find that her 15-year-old daughter, Maggie, had made…
Maple Leaf Foods CEO criticizes the ‘narcissist in Washington’ after Iran deaths
After the Flight 752 disaster killed his colleague’s wife and son, Michael McCain, chief executive of Maple Leaf Foods Inc., took to Twitter on Sunday night to admonish the Trump administration for escalating tensions with Iran. “I am…
Molly Yeh’s Yelp Trick to Find Restaurants She Loves
It was 43 seconds, from my husband, Nick [Hagen]. We were at opposite ends of an antique store, and he called to tell me that I just bought him an antique grain sampling probe for his birthday. Favorite food-related app: Yelp. My favorite…
News Corp Sells Video-Advertising Startup Unruly
News Corp agreed to sell video-advertising platform Unruly, fetching significantly less than it paid for the British startup five years ago. The New York-based media company—owner of The Wall Street Journal and HarperCollins…
Floods Inundate Sinking Jakarta, Leaving 16 Dead After Torrential Rain
At least 16 people died in Indonesia’s capital of Jakarta and its suburbs after torrential rain brought on the worst flooding in years, drawing attention to the challenge of protecting one of the world’s fastest-sinking megacities from…
Investors Watch Micron Earnings as Chip Shares Soar
Earnings from one of the semiconductor industry’s most popular stocks will test the group Wednesday, a potential hurdle for one of the biggest beneficiaries from thawing trade tensions. Quarterly results from Micron Technology MU 0.08%…
The SEC wants to expand on who is allowed to invest in private securities – StockSharksNewsh
As the number of privately held companies continues to grow — and privately held companies stay private longer than ever — public market shareholders who’d earlier benefited from the growth of companies like Google and Amazon are missing…
Micron signals recovery in 2020, says received supply licenses for Huawei
(Reuters) – Micron Technology Inc said on Wednesday it expected a recovery in 2020 after a “cyclical bottom” in the second quarter, and that it had received all requested licenses to supply some products to its largest customer, Huawei…
Crypto Startup Accused of Illegal Fundraising Ordered to Refund Investors
WASHINGTON—A technology startup that raised nearly $13 million at the peak of investor demand for unregulated cryptocurrencies agreed to pay a fine and provide more transparency about its finances and business plan. Blockchain of Things…
Uber agrees to pay $4.4 million to settle EEOC sexual harassment and retaliation charge – StockSharksNewsh
Uber has agreed to pay a $4.4 million fine to settle a 2017 charge from the U.S. Equal Employment Opportunity Commission pertaining to sex discrimination and retaliation. The investigation found reasonable cause to believe that Uber…
Micron signals recovery in 2020, says received supply licenses for Huawei
(Reuters) – Micron Technology Inc said on Wednesday it expected a recovery in 2020 after a “cyclical bottom” in the second quarter, and that it had received all requested licenses to supply some products to its largest customer, Huawei.…
Broadcom Looks to Sell Unit That Could Fetch $10 Billion
Broadcom Inc. AVGO 1.12% is looking to sell one of its wireless-chip units, a move that would accelerate the company’s shift away from its roots as a semiconductor maker. Broadcom is working with Credit Suisse CS -0.15% Group AG to find a…
10 gadgets for a smarter Smart Home – StockSharksNewsh
Welcome to TechCrunch’s 2019 Holiday Gift Guide! Need help with gift ideas? We’re here to help! We’ll be rolling out gift guides from now through the end of December. You can find our other guides right here. When it comes to smart home…
Elbit Systems launches nanosatellite for commercial communications
Logo of Israeli defence electronics firm Elbit Systems is seen at their offices in Haifa, Israel February 26, 2017. REUTERS/Baz Ratner TEL AVIV (Reuters) – Israeli defense electronics firm Elbit Systems said on Wednesday its…
New Zealand Volcano Eruption Kills Five, With Eight More Missing and Feared Dead
WELLINGTON, New Zealand—Michael Schade had just returned to his boat after marveling at New Zealand’s most active volcano, when a 12,000-foot ash cloud burst into the sky above White Island. “Our whole tour group [was] literally standing…
China Partners With Banks, Telecom Giants To Test Digital Currency
The People’s Bank of China has partnered with seven state-owned companies, including four banks and three telecom companies, to test its digital currency, The Block reported on Monday. The central bank is initially testing the digital…
Xiaomi, Oppo to use Qualcomm’s newest mobile phone chips
FILE PHOTO: A woman walks past a sign advertising Qualcomm at Mobile World Congress (MWC) in Shanghai, China June 28, 2019. REUTERS/Aly Song (Reuters) – Two fast-growing Chinese phone brands said on Tuesday that they will adopt Qualcomm…
Salesforce.com Inc (NYSE:CRM) – Salesforce Shares Tick Lower On Weak EPS Guidance
Salesforce.com, inc. (NYSE: CRM) shares are falling after issuing weak fourth-quarter guidance. Third-quarter adjusted earnings came in at 75 cents per share, beating estimates by 9 cents. Sales came in at $4.51 billion, beating estimates…
Amazon Introduces ‘Plug and Play’ AI Tools
Amazon. com Inc. on Tuesday introduced two artificial-intelligence services designed to help companies gain better insight from business data spread across multiple sources, from documents to conversations with customers. Both services,…
Verizon and AWS announce 5G Edge computing partnership – StockSharksNewsh
Just as Qualcomm was starting to highlight its 5G plans for the coming years, Verizon CEO Hans Vestberg hit the stage at AWS re:Invent to discuss the carrier’s team up with the cloud computing giant. As part of Verizon’s (TechCrunch’s…
Goldman Sachs to launch new products and services on Amazon’s cloud
FILE PHOTO: The ticker symbol and logo for Goldman Sachs is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., December 18, 2018. REUTERS/Brendan McDermid/File Photo NEW YORK (Reuters) – Goldman…
Brazil’s Economy Expands at Fastest Pace in Six Quarters
SÃO PAULO—Brazil’s economy expanded at its fastest pace since the start of 2018 in the third quarter, as the country appears to be leaving behind years of sluggish growth that followed its worst recession on record. Consumer spending and…
Dallas Fed’s Kaplan says firm debt could be next financial calamity
Dallas Federal Reserve President Robert Kaplan is worried about surging levels of corporate debt and laid out a scenario where it could suddenly become a big problem for the economy. “The thing I am worried about is if you get two or…
Need to Pay the Babysitter? Don’t Even Think About Using Cash
When Oliver Hicks finished helping his family with yard work last summer, his dad handed him $50 in cash. Oliver didn’t want it. He asked his dad to send him the money through an app on his phone. “He was like, ‘What do you mean? There’s…
AWS announces new ARM-based instances with Graviton2 processors – StockSharksNewsh
AWS, the cloud division of Amazon, just announced the next generation of its ARM processors, the Graviton2. This is a custom chip design with a 7nm architecture. It is based on 64-bit ARM Neoverse cores. Compared to first-generation…
US Wants To Put 100% Tariffs On $2.4 Billion French Imports
The federal agency said that its investigation found France’s Digital Services Tax to be “burdensome” for the affected U.S. companies. It said that internet-based companies Alphabet Inc , Apple Inc , Facebook Inc , and Amazon.com Inc are…
Diversity-focused VC fund Harlem Capital debuts with $40 million
Harlem Capital has upgraded from angel syndicate to full-fledged venture capital fund, closing its debut effort on an oversubscribed $40.3 million. The firm was launched by managing partners Henri Pierre-Jacques and Jarrid Tingle in New…
With Tesla up 55% in last 3 months, here’s where two pros would buy in
Tesla is on a tear. Shares of the electric automaker have climbed a blowout 55% in the last three months, a notable turn for a stock that has struggled this year. As of last week, Tesla was practically flat for 2019 versus the S&P 500’s…
U.S. vows 100% tariffs on French Champagne, cheese, handbags over digital tax
FILE PHOTO: An employee serves a glass of Champagne during the traditional wine harvest at the Champagne house Deutz in Ay, France, September 22, 2016. REUTERS/Benoit Tessier/File Photo WASHINGTON (Reuters) – The U.S. government on Monday…
‘United States v. Apple’ Review: In Competition We Trust
Politicians and social critics who worry about “the curse of bigness”—and vow to rewrite antitrust law to break up Facebook and Google—forget what happened the last time the government used the law against a Silicon Valley company. In…
Atomico Partner Tom Wehmeier reviews ‘The State of European Tech’ 2019 report – StockSharksNewsh
Atomico, the European venture capital firm founded by Skype’s Niklas Zennström, has released its latest annual The State of European Tech report, published in partnership with Slush and Orrick. As part of the report, the authors surveyed…
Cyber Monday sales poised to top $9.4 billion
(Reuters) – Cyber Monday sales were on course to bring in a record $9.4 billion, according to early estimates, building on a bumper Black Friday weekend for retailers driven by earlier-than-usual promotions and free shipping. Shoppers…
Facebook to Antitrust Regulators: Data Is Complicated
BRUSSELS—Facebook Inc. has a message for regulators and policy makers concerned about the company’s harvesting of user information: don’t treat data as a simple resource like oil. Nick Clegg, Facebook’s vice president of global affairs…
Facebook announces photo transfer tool – StockSharksNewsh
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Facebook launches a photo portability tool,…
Top Issues For Supply Chains For Holiday Shipping
This article is brought to you courtesy of NEXT Trucking Have a detailed plan with your customer – third-party logistics firms (3PLs) need to receive detailed plans from customers about holiday promotions in order to plan for expected…
Twitter makes global changes to comply with privacy laws
SAN FRANCISCO (Reuters) – Twitter Inc is updating its global privacy policy to give users more information about what data advertisers might receive and is launching a site to provide clarity on its data protection efforts, the company…
Trump Puts Tariffs on Brazil, Argentina, Citing Currencies
WASHINGTON—President Trump on Monday said he would restore tariffs on steel and aluminum imports from Brazil and Argentina, saying both nations have been devaluing their currencies. Mr. Trump made the announcement, which hadn’t been…
Fed expected to cut rates, but Powell discussion could rattle markets
Federal Reserve Chairman Jerome Powell holds a news conference following a two-day Federal Open Market Committee meeting in Washington, June 19, 2019. Kevin Lamarque | Reuters Federal Reserve Chairman Jerome Powell faces one of the more…
SoftBank Shareholders Criticize Company After WeWork Wipeout
SoftBank Group Corp. ’s biggest investors are putting pressure on the tech conglomerate over its governance and for bad investments in its $100 billion investment fund. Investors including Capital Group, hedge fund Tiger Global Management…
Fast casual restaurant chain Muscle Maker files for a $7 million IPO
Muscle Maker, a healthy fast casual restaurant chain with 53 mostly-franchised stores, filed on Tuesday with the SEC to raise up to $7 million in an initial public offering. The company also registered $52 million worth of shares to be…
Counter-Strike World Champions Aim for First Esport Team IPO
Denmark’s Astralis is set to become the first esports team to go public in a bid to cement its status in a $1.1 billion global market that’s more than doubled since 2016. Astralis is ranked the world’s number one in Counter-Strike: Global…
Natural Gas Prices Crash On Warm Weather Warnings
Spot prices for natural gas fell sharply on Friday as forecasts for warm weather spooked traders who were hoping for increased demand heading into what is normally cold season in the United States. Natural gas prices were trading down…
HP (HPQ) earnings Q4 2019
HP stock rose as much as 3% on Tuesday after the company showed acceleration in revenue growth in the fiscal fourth quarter and issued strong guidance. Here’s how the company did: Earnings: Excluding certain items, 60 cents per share, vs.…
In Latin America, Pot-Banging Signals Trouble for Those in Power
In Latin America, Pot-Banging Signals Trouble for Those in Power Source link
U.S. consumer spending increases steadily; inflation muted
WASHINGTON, (Reuters) – U.S. consumer spending rose steadily in October, suggesting the economy will probably maintain its moderate pace of growth in the fourth quarter. FILE PHOTO: Shoppers carry bags of purchased merchandise at the King…
Judge places temporary hold on ex-White House lawyer ruling
WASHINGTON (Reuters) – A U.S. judge on Wednesday agreed to impose a temporary delay on her ruling requiring former White House Counsel Don McGahn to testify to lawmakers as part of the Democrat-led impeachment inquiry against President…
Earthquake in Albania Kills at Least 18 People
TIRANA, Albania—An earthquake killed at least 18 people in this Balkan country and sparked complaints from opposition parties that the government was refusing to declare a state of emergency. The 6.4-magnitude quake violently shook cement…
China Has Three Times More Blockchain Patent Filings Than US
The number of blockchain technology-related patents filed in China till the end of 2018 is three times higher than those registered in the U.S., the Nikkei reported on Thursday. Citing data from Tokyo-based research firm Astamuse, Nikkei…
Alibaba’s Singles’ Day sales hit record $38 billion; growth slows
HANGZHOU, China (Reuters) – Chinese retailer Alibaba Group Holding Ltd’s sales for its 24-hour Singles’ Day shopping blitz hit a record $38.4 billion, more than U.S. rival Amazon.com Inc’s haul last quarter from online store sales. But…
On Singles’ Day, green groups warn of China’s surge in packaging waste
SHANGHAI (Reuters) – Accumulated waste from China’s e-commerce and express delivery sectors stands to more than quadruple by 2025 unless action is taken to rein it in, green groups said on Monday, as an online shopping spree known as…
Canopy Growth Corp (NYSE:CGC) – Report: Canopy Growth Trims Latin American Team As Region Struggles With Regulations
By J Rodrigo Safdiye. Canopy Growth Corp (NYSE: CGC), a Canada-based cannabis multinational, is laying off 15% of its workforce in Latin America, citing concerns around the region’s regulatory infancy and the company’s intent to focus on…
Apple co-founder says Apple Card algorithm gave wife lower credit limit
(Reuters) – Apple Inc (AAPL.O) co-founder Steve Wozniak joined in the online debate accusing the algorithm behind the iPhone maker’s credit card of discriminating by gender, deepening the scrutiny surrounding the newly launched Apple…
Voi raises another $85M for its European e-scooter service – StockSharksNewsh
Voi Technology, the “micro-mobility” startup that operates an e-scooter service in a 38 cities across 10 European countries, has raised an $85 million in Series B funding. Backing the round is a mixture of existing and new investors. They…
Alibaba says Singles’ Day sales hit 91.2 billion yuan in first hour
The logo of Alibaba Group is seen during Alibaba Group’s 11.11 Singles’ Day global shopping festival at the company’s headquarters in Hangzhou, Zhejiang province, China, November 10, 2019. REUTERS/Aly Song SHANGHAI (Reuters) – Chinese…
Chinese smash European hopes of ‘Legends’ video game glory
PARIS (Reuters) – Chinese video gamers crushed a team from Europe on Sunday who were hoping to break the domination of Asian players in the world championship finals of online game “League of Legends”. Team FunPlus Phoenix members raise…
How a Former Twitter Employee Became an Accused Saudi Spy
Ahmad Abouammo for years lived a Seattle lifestyle not unlike many of his neighbors. He owned a million dollar house, drove an Audi sport-utility vehicle and worked at Amazon.com Inc. That life was upended this past week when the husband…