Uncategorized

GrubHub profit rises 75 percent on strong growth in active diners

Online food delivery company GrubHub Inc’s profit rose 75 percent in the third quarter, helped by a strong increase …read more Source: Reuters Tech News

Wary of crypto, UK government blocks Royal Mint’s digital gold

Britain’s Royal Mint has frozen plans to launch a digital gold token after a partnership with U.S. exchange group CME …read more Source: Reuters Tech News

Shopify posts surprise third-quarter profit

Canada’s Shopify Inc reported a surprise quarterly profit on Thursday as more subscribers and merchants signed up to use its …read more Source: Reuters Tech News

Ireland to regulate Airbnb rentals to tackle housing shortage

Ireland will tackle a severe housing shortage in booming cities such as Dublin by regulating short-term lettings and home-sharing sites …read more Source: Reuters Tech News

Twitter ad sales surge in third quarter, shares jump

Twitter Inc posted revenue and profit ahead of Wall Street estimates on Thursday, as higher advertising sales offset a drop …read more Source: Reuters Tech News

China’s ZTE Corp posts third-quarter profit, expects full-year loss

Chinese telecoms equipment maker ZTE Corp posted a third-quarter net profit of 564 million yuan ($81 million) after resuming …read more Source: Reuters Tech News

Twitter monthly usage drops, company warns it will fall again

Twitter Inc on Thursday reported a larger-than-expected decline in monthly users in the third quarter, its second straight quarterly drop, …read more Source: Reuters Tech News

China’s ZTE Corp posts $81 million third-quarter profit

Chinese telecoms equipment maker ZTE Corp posted third-quarter net profit of 564 million yuan ($81.22 million) on Thursday, down …read more Source: Reuters Tech News

Volkswagen in talks with Waymo about mobility services partnership: Manager Magazin

Volkswagen plans a multi-billion euros investment to produce battery cells with South Korea’s SK Innovation and is exploring a …read more Source: Reuters Tech News

UK regulator upholds Facebook fine in Cambridge Analytica row

Britain’s information regulator on Thursday upheld a small but symbolic 500,000 pound ($645,000) fine for Facebook for breaches of data …read more Source: Reuters Tech News