(Reuters) – Shares of Qudian Inc rose as much as 48 percent in their market debut on Wednesday, valuing the online micro-credit firm at about $11.67 billion in the biggest U.S. listing by a Chinese company this year.
(Reuters) – Shares in International Business Machines Inc surged 9 percent on Wednesday after it beat expectations on revenue and gave an outlook that hinted one of the world’s first big computing names was back on a growth track after six years in re…
(Reuters) – Twitter has toughened its stance on online sexual harassment and abuse, laying out stronger penalties for misconduct on the social media platform in an email to its Trust and Safety Council published by Wired late on Tuesday.
(Reuters) – Apple Inc and General Electric Co say they are working together to make it easier to write software that can track power plants and jet engines on Apple’s iPhones and iPads.
BRUSSELS (Reuters) – A year-old pact underpinning billions of dollars of transatlantic data transfers won a green light from the European Union on Wednesday after a first review to ensure Washington protects Europeans’ data stored on U.S. servers.
LOS ANGELES/NEW YORK (Reuters) – Most U.S. shoppers are fiercely loyal to local food stores, calling them better than online options, according to a new Reuters/Ipsos poll that raises questions about how much Amazon.com’s $13.7 billion purchase of Whol…
TAIPEI (Reuters) – Taiwan’s economics ministry said it is “deeply concerned” about the antitrust agency imposing a $775 million fine on Qualcomm Inc , in a rare public display of disagreement between authorities.
BEIJING (Reuters) – China’s electric vehicle (EV) production could touch 1 million units next year and 3 million units by 2020, said Xu Heyi, chairman of carmaker BAIC Group, on Wednesday, likely exceeding a government set target.
BRUSSELS (Reuters) – A year-old pact underpinning billions of dollars of transatlantic data transfers will get the green light from the European Union on Wednesday after the first review to ensure Washington protects Europeans’ data stored on U.S. serv…
SAO PAULO (Reuters) – Amazon.com Inc began offering electronics from third-party sellers to Brazilian shoppers on Wednesday, expanding beyond books in the fiercely competitive e-commerce market in Latin America’s largest economy.
WASHINGTON (Reuters) – A U.S. senator on Tuesday asked the Defense Department to explain how it manages the risks when it uses software that has been scrutinized by foreign governments, saying the practice may represent a national security threat.
WASHINGTON (Reuters) – Verizon Communications Inc said on Tuesday it will pay $17.7 million to resolve a probe by U.S. regulators and the Justice Department into potential payment violations related to a federal school broadband program.
(Reuters) – International Business Machines Corp’s shift to newer businesses such as cloud and security services helped it beat analysts’ quarterly revenue estimates, and the technology major hinted at sales growth after nearly six years of declines.
Laguna Beach, Calif. (Reuters) – After a series of acquisitions, General Motors Co has the building blocks it needs to deploy a large-scale fleet of robot cars, the automaker’s president said on Tuesday.
LONDON (Reuters) – A UK parliamentary report has criticized Amazon and eBay for not doing enough to prevent tax fraud on their online market places and recommended the government hold the online giants accountable for tax lost to evaders.
(Reuters) – YouTube virtual reality video series “The Confessional” debuted on Tuesday, featuring comedians Trevor Noah, Judd Apatow and Howie Mandel, as parent company Google races Facebook Inc to attract viewers to the new medium.
WASHINGTON (Reuters) – Verizon Communications Inc will pay $17.7 million to resolve a Federal Communications Commission and Justice Department investigation into potential violations of competitive bidding rules for a government program that helps bri…
TORONTO (Reuters) – Canada’s central bank, Toronto Stock Exchange operator TMX Group Ltd and Payments Canada said on Tuesday they will collaborate to test the use of blockchain technology for automating the securities settlement process.
(Reuters) – International Business Machines Corp’s shift to newer businesses such as cloud and security services helped it beat Wall Street’s quarterly revenue estimates, and the company said its latest mainframe is getting “enthusiastic adoption”.
(Reuters) – Magic Leap, a well-funded and secretive startup, said on Tuesday it has raised $502 million in a new capital funding round led by Temasek Holdings [TEM.UL], an investment firm owned by the government of Singapore.
TORONTO (Reuters) – Canada has tapped Google parent Alphabet Inc to help plan a mixed-use development along Toronto’s Lake Ontario waterfront using cutting-edge digital technologies and urban design.
(Reuters) – Snap Inc, parent company of messaging and video app Snapchat, and NBCUniversal launched a joint venture studio on Tuesday to produce scripted shows and other genres to air on Snapchat.
(Reuters) – Regina Dugan, the head of Facebook Inc’s secretive hardware unit, will step down early next year, she said on Tuesday.
(Reuters) – Transenterix Inc’s chief executive played down on Tuesday the threat posed by his company’s surgical robotic system to market leader Intuitive Surgical Inc, saying he did not expect the two to compete head on.
OTTAWA/TORONTO (Reuters) – Alphabet Inc, the owner of Google, will announce plans to help develop a section of Toronto’s waterfront on Tuesday, in the biggest project disclosed so far by its Sidewalk Labs unit that is using new technologies to develop …
(Reuters) – Microsoft Corp’s secret internal database for tracking bugs in its own software was broken into by a highly sophisticated hacking group more than four years ago, according to five former employees, in only the second known breach of such a …
TORONTO (Reuters) – Alphabet Inc, the owner of Google, will be the anchor tenant at a site being developed on Toronto’s waterfront by local and federal governments, and will move Google’s Canada headquarters to the facility, a source said on Tuesday.