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Updated: 9 hours 1 min ago

Cryptocurrency Hangover Weighs on Nvidia

Thu, 11/15/2018 - 7:11pm
Nvidia shares tumbled 18% after the chip maker projected declining revenue for the current quarter as it works through excess inventory left over from the cryptocurrency boom.

Facebook Says Criticism of Its Russia Response Is 'Unfair'

Thu, 11/15/2018 - 6:28pm
Mark Zuckerberg and the Facebook board took issue with a report suggesting the social-media giant deliberately played down the impact of Russian interference on the platform.

The 'Prosperity Bomb' of an Amazonian Invasion

Thu, 11/15/2018 - 5:45pm
If Seattle is a guide, Amazon’s arrival in New York and Virginia will be transformative, but will also bring headaches, what some Seattleites call the Amazon prosperity bomb.

Apple Partners With Movie Studio A24 to Make Feature-Length Films

Thu, 11/15/2018 - 5:27pm
Apple will begin making independent, feature-length films through a multiyear partnership with the Oscar-winning studio A24, broadening the iPhone maker’s push into original content beyond TV programming and into movies.

Tencent Stock Rallies on Strong Earnings

Thu, 11/15/2018 - 4:48am
Tencent stock closed 5.8% higher after the Chinese tech giant reported a 30% rise in profit, more than analysts expected. The boost still leaves the company’s Hong Kong-listed shares down nearly 30% in 2018.

Behind China's Startup Surge: Meritocracy and 'Growth Hacks'

Wed, 11/14/2018 - 10:21pm
A tidal wave of cash has helped turn China’s internet startups into formidable superpowers rivaling their U.S. counterparts. But venture capitalists argue that a unique set of forces are also spurring the startups’ ascendancy.

Cisco Revenue Rises as Company Avoids Tariff Effects

Wed, 11/14/2018 - 9:45pm
Cisco Systems is one of a few tech giants under threat from the U.S.’s trade fight with China, but the company said it has evaded damage from tariffs so far.

JPMorgan Wants Card Customers to Pay With a Tap

Wed, 11/14/2018 - 9:44pm
The bank is launching Visa cards with a contactless feature in a bid to simplify and speed up the in-store checkout process. The move could be a tipping point for the rest of the industry to follow suit.

Bitcoin Plunges Below $6,000, Hits New Lows for the Year

Wed, 11/14/2018 - 9:07pm
After 2017’s manic rally and this year’s steep plunge, cryptocurrency markets had been unusually calm in recent months. That lull has come to an end.

Bumble Is Open to a Right Swipe on IPO

Wed, 11/14/2018 - 4:52pm
Bumble Chief Executive Whitney Wolfe Herd said an initial public offering of shares could provide momentum for further international expansion of the dating app.

Social-Media Must Confront Downsides of Scale, Instagram Co-Founder Says

Wed, 11/14/2018 - 4:26pm
Social media platforms have reached a crucial point where the executives overseeing them need to find ways to anticipate and block bad actors, Kevin Systrom says.

Facebook Morale Tumbles, Along With Stock

Wed, 11/14/2018 - 4:26pm
A survey found just 52% of employees were optimistic about Facebook’s future, down from 84% a year earlier. The darker mood comes amid a dropping share price and disclosures of privacy violations.

Uber Posts Slower Sales Gains, Widening Loss Ahead of 2019 IPO

Wed, 11/14/2018 - 4:25pm
Results for the three months ending in September show that Uber is still growing quickly but is likely to be unprofitable for some time.

Dell to Sweeten Deal for DVMT Tracking Shares

Wed, 11/14/2018 - 4:12pm
Dell Technologies plans to sweeten a $22 billion deal to buy out an affiliate and return to the public markets, five months after its initial proposal sparked shareholder opposition.

Uber CEO Takes Wait-And-See Approach to Saudi Investment

Wed, 11/14/2018 - 3:16pm
Uber Technologies CEO Dara Khosrowshahi said he is taking a wait-and-see approach to allegations that the Saudi government—one of the company’s biggest shareholders—was behind the death of journalist Jamal Khashoggi.

The Unintended Consequences of the 'Free' Internet

Wed, 11/14/2018 - 1:05pm
The zero-price business model is a source of many of the problems plaguing Google, Facebook and Twitter.

Panel Warns China Tech Prowess Threatens U.S.

Wed, 11/14/2018 - 12:51pm
A commission convened by Congress warned that China’s tech-manufacturing strength threatens U.S. national security and advised U.S. agencies to be mindful of Chinese attempts to compromise government systems.

Tencent Posts Solid Earnings, But China's Game Freeze Clouds Future

Wed, 11/14/2018 - 12:49pm
Tencent reported a 30% jump in third-quarter profit, in spite of a regulatory chokehold on videogames, its biggest business.

Snap's Disclosures Ahead of IPO Draw Regulator Scrutiny

Wed, 11/14/2018 - 10:44am
Snap Inc. is facing scrutiny from regulators about its disclosures to investors ahead of its 2017 initial public offering.

Once-Worthless Radio Waves Get New Life in Spectrum Auction

Wed, 11/14/2018 - 9:22am
The FCC will begin the first of two auctions for extremely high-frequency spectrum licenses, raising cash from a type of radio wave considered worthless before 5G technology.

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