Facebook braces for stock wipeout as lower margins loom
Facebook Inc Chief Executive Officer Mark Zuckerberg’s fortune is set to take a $16 billion hit on Thursday, as the …read more Source: Reuters Tech News
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Stock market newbie Spotify hits targets in race with Apple Music
Music streaming leader Spotify’s paid subscriptions rose 10 percent in the second quarter, thanks to family plans that attracted …read more Source: Reuters Tech News
Nokia’s IP routing business hit by component shortage: CEO
Nokia’s second-quarter sales of IP routers were held back by component supply shortages, the network equipment maker’s chief executive …read more Source: Reuters Tech News
NXP launches $5 billion buyback after Qualcomm deal fails
NXP Semiconductors followed Qualcomm Inc in announcing share buybacks worth billions of dollars on Thursday as the companies sought to …read more Source: Reuters Tech News
Amazon’s face ID tool mismatched 28 members of Congress to mugshots: ACLU
A facial recognition tool that Amazon.com Inc sells to web developers wrongly identified 28 members of Congress as police …read more Source: Reuters Tech News
Spotify hits subscriber targets in race with Apple Music
Music streaming leader Spotify’s paid subscribers rose 10 percent in the second quarter, it said on Thursday, as it …read more Source: Reuters Tech News
Spotify hits subscriber targets but revenues slow on EU data rules
Music streaming leader Spotify on Thursday reported results mostly in line with forecasts, as the number of paid subscribers …read more Source: Reuters Tech News
Google launches free Wi-Fi hotspot network in Nigeria
Google launched a network of free Wi-Fi hotspots in Nigeria on Thursday, part of its effort to increase its presence …read more Source: Reuters Tech News
Qualcomm ends $44 billion NXP bid after failing to win China approval
Qualcomm Inc walked away from a $44 billion deal to buy NXP Semiconductors after failing to secure Chinese …read more Source: Reuters Tech News
NXP to repurchase $5 billion shares after Qualcomm deal falls through
NXP Semiconductors NV , whose buyout deal with U.S. chipmaker Qualcomm Inc fell through due to lack of approval …read more Source: Reuters Tech News