Google, Facebook show power of ad duopoly as rivals stumble
SAN FRANCISCO (Reuters) – Quarterly results from Alphabet Inc and Facebook Inc provided fresh evidence this week that the digital …read more Source: Reuters Tech News
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Alleged bitcoin fraud ‘mastermind’ sought by U.S. held in Greek prison
ATHENS (Reuters) – A Russian national suspected of masterminding a money-laundering operation using bitcoin was transferred to prison in Greece …read more Source: Reuters Tech News
Amazon’s big profit miss spooks investors, but analysts stay bullish
(Reuters) – A steeper-than-expected drop in quarterly profit rattled some Amazon.com investors, but Wall Street analysts remained largely bullish …read more Source: Reuters Tech News
Wall Street braces for end of Snap share lockup
SAN FRANCISCO (Reuters) – A flood of Snap Inc shares held back since the Snapchat owner’s initial public offering …read more Source: Reuters Tech News
Hackers to scour voting machines in search for election vulnerabilities
LAS VEGAS (Reuters) – Hackers attending this weekend’s Def Con hacking convention in Las Vegas will have a chance to …read more Source: Reuters Tech News
Telecom Italia to name Genish chief for operations, says no plans to merge with Mediaset
MILAN (Reuters) – Telecom Italia (TIM) will announce on Friday the arrival of Amos Genish as general manager in …read more Source: Reuters Tech News
Amazon’s Singapore quick delivery stalls as demand overwhelms at launch
SINGAPORE (Reuters) – Amazon.com Inc’s Prime Now quick delivery service in Singapore, which launched on Thursday and kicked off its …read more Source: Reuters Tech News
Hutchison’s Drei buys Tele2 to rival Carlos Slim’s group in Austria
VIENNA (Reuters) – Mobile telecoms group Hutchison Drei Austria will buy landline-focused Tele2 for 95 million euros ($111 million), it …read more Source: Reuters Tech News
Sharp returns to first quarter profit on Foxconn’s cost-cut drive, beats estimates
TOKYO (Reuters) – Japan’s Sharp Corp reported its third consecutive quarter of net profit on Friday, staying on track to …read more Source: Reuters Tech News
China bike-sharing firm Ofo in talks to raise $1 billion, led by SoftBank: sources
HONG KONG (Reuters) – Chinese startup Ofo is in talks to raise $1 billion in a new funding round led …read more Source: Reuters Tech News