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Saturday, October 21, 2017

SoftBank’s big checks are stalling tech IPOs

LAGUNA BEACH, Calif. (Reuters) - Big cash infusions for startups from an ever-expanding group of financiers, led by SoftBank Group Corp (9984.T) and...

PayPal tops profit estimates, lifts target on mobile payments growth

(Reuters) - Sharp growth in mobile payments led PayPal Holdings Inc (PYPL.O) to report a better-than-expected third-quarter profit on Thursday and lift its...

Billions in tax breaks offered to Amazon for second headquarters

(Reuters) - A public contest ending Thursday to bid over housing Amazon.com Inc’s (AMZN.O) second headquarters has drawn pitches from governors and a...

Alphabet’s CapitalG leads Lyft’s $1 billion funding round

(Reuters) - Lyft Inc has raised $1 billion in fresh financing, the ride-services company said on Thursday, in a round led by one...

U.S. lawmakers want crackdown on Facebook, Twitter political ads

WASHINGTON (Reuters) - U.S. lawmakers, alarmed that foreign entities used the internet to influence last year’s election, introduced legislation on Thursday to extend...

U.S. lawmakers want regulation of Facebook, Twitter political ads

WASHINGTON (Reuters) - U.S. lawmakers, alarmed over hackers’ use of the internet to influence last year’s election, introduced legislation on Thursday to extend...

Google offers bug bounty to clean up mobile apps

SAN FRANCISCO (Reuters) - Google is offering security experts a bounty to identify Android app flaws as the Alphabet Inc unit seeks to...

Merck cyber attack may cost insurers $275 million: Verisk’s PCS

NEW YORK (Reuters) - Insurers could pay $275 million to cover the insured portion of drugmaker Merck & Co’s loss from a cyber...

Facebook, Twitter lawyers to testify in Congress on Russia meddling

WASHINGTON (Reuters) - Facebook Inc and Twitter Inc will send their general counsels to testify on Nov. 1 before two Congressional panels investigating...

‘Anemic’ iPhone 8 demand drags Apple lower

(Reuters) - Signs of poor demand for the iPhone 8 fueled more market questions over Apple Inc’s double 2017 iPhone release strategy, sending...

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