Fitbit’s loss narrows on higher sales for new devices
Wearable device maker Fitbit Inc reported a smaller-than-expected loss as it sold more of its newer devices such as …read more Source: Reuters Tech News
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Tesla expects to hit more than 6000/week Model 3 production rate
Tesla Inc said on Wednesday it expects to increase Model 3 production to 6,000 per week by late August, buoying …read more Source: Reuters Tech News
T-Mobile beats quarterly estimates for new wireless subscribers
T-Mobile US Inc on Wednesday said it added more wireless subscribers than Wall Street had expected, as the third-largest …read more Source: Reuters Tech News
Fitbit quarterly revenue drops 15.3 percent
Wearable device maker Fitbit Inc reported a 15.3 percent drop in quarterly revenue on Wednesday, hurt by weak demand …read more Source: Reuters Tech News
U.S. charges three Ukrainians in payment card hacking spree
Three Ukrainians have been arrested on criminal hacking charges including stealing payment card numbers, in attacks on more than 100 …read more Source: Reuters Tech News
Zynga expects stronger bookings as ‘Merge Dragons’ provides boost
Game developer Zynga Inc on Wednesday forecast third-quarter bookings ahead of Wall Street estimates, driven by revenue from “Merge Dragons” …read more Source: Reuters Tech News
DraftKings launches mobile sports betting in New Jersey
Fantasy sports provider DraftKings Inc on Wednesday became the first company to roll out mobile sports betting in New Jersey, …read more Source: Reuters Tech News
Reddit says user data between 2005 and 2007 breached
Social media network Reddit said on Wednesday a hacker broke into a few of its systems and accessed some user …read more Source: Reuters Tech News
Apple’s ride to $1 trillion: The magic number that gets it there
Apple is close to becoming the first publicly listed U.S. company valued at $1 trillion, but figuring out exactly …read more Source: Reuters Tech News
Siemens lifts profit goals under new Vision 2020+ strategy
Siemens unveiled its new Vision 2020+ strategy on Wednesday – a move designed to boost the German engineering group’s …read more Source: Reuters Tech News