America Movil net profit plummets in second quarter
America Movil, Latin America’s largest telecommunications firm by number of subscribers, reported second-quarter net profit of 818 million pesos ($41.2 …read more Source: Reuters Tech News
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Toshiba may face renewed shareholder accounting claims: U.S. appeals court
A U.S. appeals court gave investors in Toshiba Corp’s U.S.-listed securities another chance to show they suffered losses because the …read more Source: Reuters Tech News
Social media companies defend filtering practices before Congress
Facebook Inc , Alphabet Inc and Twitter Inc told a U.S. House panel on Tuesday that the social …read more Source: Reuters Tech News
EU’s Vestager to brief Google CEO ahead of record Android fine: source
EU antitrust chief Margrethe Vestager will brief Google CEO Sundar Pichai by telephone later on Tuesday on her ruling on …read more Source: Reuters Tech News
Egypt targets social media with new law
Egypt’s parliament has passed a law giving the state powers to block social media accounts and penalize journalists held to …read more Source: Reuters Tech News
JPMorgan Chase invests in artificial intelligence startup Volley
JPMorgan Chase & Co has made a strategic investment in Volley.com, a San Francisco-based startup that uses artificial intelligence to …read more Source: Reuters Tech News
Tesla Model 3 is most profitable electric car: consultant
The Tesla Inc Model 3 sedan is the most profitable electric car in the automotive industry, according to the head …read more Source: Reuters Tech News
Alphabet’s GV leads $16 million investment in site rental firm Peerspace
Alphabet Inc’s venture capital unit GV led a $16 million investment this month in Peerspace Inc, a self-serve online booking …read more Source: Reuters Tech News
Netflix shares take hit as subscriber slip hints at ‘lumpy’ road ahead
Shares of Netflix Inc headed for their worst day in two years on Tuesday, falling as much as 14 …read more Source: Reuters Tech News
Exclusive: Kenya’s Safaricom taking M-Pesa to Ethiopia, sources say
Kenya’s Safaricom is in advanced talks with the Ethiopian government to introduce its popular M-Pesa mobile money service, a …read more Source: Reuters Tech News