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Vodacom launches commercial 5G mobile network in South Africa

JOHANNESBURG (Reuters) – Mobile operator Vodacom Group said on Monday it had switched on Africa’s first live 5G mobile network in three cities in South Africa, with further rollouts planned in other parts of the country. Vodacom was recently assigned temporary... More »

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Sovereign wealth funds move mainstream, make less contrarian bets

LONDON (Reuters) – Sovereign wealth funds’ investment moves are becoming more closely aligned with the global asset management industry as they mature, and their growing size makes it harder for them to make contrarian bets, a report showed. But the move to mo... More »

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Rival in UK PM race calls on frontrunner Johnson to answer…

LONDON (Reuters) – The frontrunner to be Britain’s next prime minister, Boris Johnson, came under renewed pressure on Sunday to explain the circumstances of a late-night row between him and girlfriend that led to the police being called to their home. Polls co... More »

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Amazon gets U.S. patent to use delivery drones for surveillance…

(Reuters) – Amazon.com Inc is exploring using drones not just to deliver packages but also to provide surveillance as a service to its customers, according to a patent granted by the United States Patent and Trademark Office. The delivery drones can be used to... More »

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Sephora to shut U.S. stores for day of diversity training after…

NEW YORK (Reuters) – LVMH’s Sephora beauty chain said it will close all its U.S. stores, distribution centers and corporate offices on Wednesday to conduct diversity training for employees, a move that follows a racial incident involving a Grammy-nominated sin... More »

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Saudi venture fund STV says Uber deal with Careem to help Mideast…

DUBAI (Reuters) – Saudi Technology Ventures (STV) said on Tuesday Uber’s deal with Careem will help the Middle East ride hailing firm expand its customer base even further and continue to develop the regional economy. STV is a Careem investor and participated ... More »

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Uber could announce $3 billion deal with Careem early this week:…

(Reuters) – Uber Technologies Inc is set to offer over $3 billion to buy Dubai-based rival Careem Networks FZ, two sources familiar with the deal told Reuters. Uber’s offer could be unveiled during the early part of this week, a third source added. Uber will p... More »

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Netflix forecast misses Wall Street view, shares dip

(Reuters) – Netflix Inc (NFLX.O) forecast first-quarter revenue slightly below Wall Street estimates on Thursday, even after a record quarter for new customers, sending shares of the world’s largest streaming service down 4 percent in after-hours trading. Inve... More »

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Carl Icahn sells Tropicana casinos in $1.85 billion deal

(Reuters) – Hedge fund manager Carl Icahn is cashing out of casino business Tropicana Entertainment Inc (TPCA.PK) in a deal selling most of its properties and operations for $1.85 billion, Icahn Enterprises and the companies involved said in statements on Mond... More »

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Lured by rising SUV sales, automakers flood market with models

NEW YORK (Reuters) – Demand for sport utility vehicles in the United States is booming, but the number of new models vying for a share of that market is growing even faster, threatening the fat profits automakers have enjoyed. At the New York Auto show this we... More »

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Weinstein Co, New York Attorney General in last-minute talks to…

FILE PHOTO: Harvey Weinstein speaks at the UBS 40th Annual Global Media and Communications Conference in New York, NY, U.S., December 5, 2012. REUTERS/Carlo Allegri/File Photo (Reuters) – Weinstein Co’s board on Thursday met with a potential buyers’ group at t... More »

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Kraft Heinz quarterly profit, sales miss estimates

FILE PHOTO: A Heinz Ketchup bottle and a bottle of Kraft parmesan cheese are displayed in a grocery store in New York March 25, 2015. REUTERS/Eduardo Munoz (Reuters) – Kraft Heinz Co’s (KHC.O) quarterly profit and sales missed analysts’ estimates on Friday, hu... More »

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Data-center provider Switch surges in debut

Shares of Switch Inc, which provides data center services to Amazon, eBay and JP Morgan among others, rose as much as 45 percent in their market debut on Friday, giving the company a market capitalization of more than $5.6 billion. More »

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British minister to push Silicon Valley on countering militants

FILE PHOTO: Britain’s Home Secretary, Amber Rudd, arrives in Downing Street for a cabinet meeting, in central London, Britain June 20, 2017. Britain’s interior minister will use a visit to Silicon Valley on Tuesday to ask the world’s biggest social media and i... More »

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Polish street artists out to revive sleepy Bulgarian village

Local villager Lazar, walks past murals on the wall of his house, depicting him and Britain’s Prime Minister Theresa May, in the village of Staro Zhelezare, Bulgaria, July 28, 2017. A group of young Polish artists are bringing a splash of colorful street art t... More »

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Twenty-First Century Fox misses Wall Street sales target

FILE PHOTO – The 21st Century Fox logo is seen outside the News Corporation headquarters in Manhattan, New York, U.S. on April 29, 2016. REUTERS/Brendan McDermid/File Photo Twenty-First Century Fox Inc (FOXA.O), the television and film company controlled by Ru... More »

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Yahoo`s EU regulator to complete email investigation within weeks

A man walks past a Yahoo logo during the Mobile World Congress in Barcelona, Spain, February 24, 2016. REUTERS/Albert Gea/File Photo/File Photo Yahoo’s European regulator said it is preparing to give the U.S. Internet company the results of an investigation in... More »

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Food startup Eatsa sued for not making kiosks accessible to blind

Customers order meals on tablets and pick up food from cubbies at Eatsa, a restaurant in the financial district of San Francisco, California, U.S., September 28, 2016. REUTERS/Peter Henderson Fast food startup Eatsa is being sued by disability rights advocates... More »

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Twitter software helps find, ban users advocating violence

FILE PHOTO: People holding mobile phones are silhouetted against a backdrop projected with the Twitter logo in this illustration picture taken September 27, 2013. REUTERS/Kacper Pempel/Illustration/File Photo Twitter Inc (TWTR.N) said on Tuesday it had stepped... More »

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Uber used secret tool to evade authorities

A photo illustration shows the Uber app logo displayed on a mobile telephone, as it is held up for a posed photograph in central London, Britain October 28, 2016. REUTERS/Toby Melville/Illustration/Files Ride services company Uber Technologies Inc [UBER.UL] fo... More »

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Salesforce.com forecasts lower-than-expected Q1 profit- shares fall

The Salesforce logo is pictured on a building in San Francisco, California, U.S. October 12, 2016. REUTERS/Lily Jamali Salesforce.com Inc (CRM.N) raised its revenue forecast for its full fiscal year to slightly above analysts expectations but lowered its outlo... More »

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Domestic demand drives German growth in fourth quarter

People carry bags outside a shopping mall on the last day of Christmas shopping in Berlin December 23, 2014. REUTERS/Hannibal Hanschke The German economy quadrupled its growth rate to 0.4 percent in the fourth quarter of 2016 as higher state spending, rising p... More »

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Fitbit forecasts current-quarter revenue below estimates

The ticker symbol for Fitbit is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) February 23, 2016. REUTERS/Brendan McDermid Fitbit Inc forecast lower-than-expected revenue for the current quarter, underscoring the we... More »

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Sirius XM wins dismissal of Turtles copyright lawsuit in New York

A Sirius Satellite Radio unit is shown installed in a private vehicle in Washington February 20, 2007. REUTERS/Jason Reed Sirius XM Holdings Inc on Thursday won the dismissal of a New York copyright lawsuit over the satellite radio company’s playing of older s... More »

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Facebook launches app for watching its videos on TV

The Facebook logo is displayed on their website in an illustration photo taken in Bordeaux, France, February 1, 2017. REUTERS/Regis Duvignau Facebook Inc is launching an app for smart TVs that will help the social network’s users enjoy its videos on a bigger s... More »

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Toshiba says `not ready`, delays earnings, nuclear writedown

The logo of Toshiba Corp. is seen at the company’s facility in Kawasaki, Japan February 13, 2017. REUTERS/Issei Kato Toshiba Corp (6502.T) has unexpectedly delayed the release of its quarterly earnings and details of a multi-billion dollar writedown to its nuc... More »

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Toshiba seeks to postpone earnings release, will probe Westinghouse

The logo of Toshiba Corp is seen as Window cleaners work on the company’s headquarters in Tokyo, Japan, February 14, 2017. REUTERS/Toru Hanai Japan’s Toshiba Corp (6502.T) said it has asked regulators to allow it to delay the release of its earnings, including... More »

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Toshiba delays release of nuclear writedown, says `not ready`

The logo of Toshiba Corp. is seen at the company’s facility in Kawasaki, Japan February 13, 2017. Picture taken February 13, 2017. REUTERS/Issei Kato Toshiba Corp (6502.T) has delayed its earnings release, including details of a multi-billion charge related to... More »

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Hasbro bucks glum holiday trend with strong profit, sales beat

Disney Princess Royal Shimmer Dolls are seen in this undated handout photo provided by Hasbro. REUTERS/Hasbro/Handout via Reuters Hasbro Inc (HAS.O), the No. 2 U.S. toymaker, bucked the glum holiday-quarter trend, as it reported better-than-expected quarterly ... More »

Pilots at Lufthansa announce further strikes this week

Planes stand on the tarmac during a pilots strike of German airline Lufthansa at Frankfurt airport, Germany, November 23, 2016. REUTERS/Ralph Orlowski German pilots union VC has announced further strikes at Lufthansa (LHAG.DE) for Tuesday and Wednesday this we... More »

Facebook warns growth will slow, shares dip

3D-printed models of people are seen in front of a Facebook logo in this photo illustration taken June 9, 2016. REUTERS/Dado Ruvic/Illustration Facebook Inc (FB.O) shares tumbled 7 percent in after-hours trading on Wednesday as the world’s largest online socia... More »

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s2.reutersmedia.net/resources/r/?m=02&d=20160811&t=2&i=1149242531&w=&fh=545px&fw=&ll=&pl=&sq=&r=LYNXNPEC7A0M4s2.reutersmedia.net/resources/r/?m=02&d=20160811&t=2&i=1149242531&w=&fh=545px&fw=&ll=&pl=&sq=&r=LYNXNPEC7A0M4Arianna Huffington to leave Huffington Post to focus on start-up

Arianna Huffington, president and Editor-in-Chief of The Huffington Post Media Group attends a session at the World Economic Forum (WEF) in Davos January 25, 2014. REUTERS/Denis Balibouse Huffington Post co-founder Arianna Huffington said on Thursday she would... More »

Al Jazeera America to lay off 197 employees

Al Jazeera America, the cable television news outlet controlled by Qatar’s royal family, has issued a WARN (Worker Adjustment and Retraining Notification Act) notice, stating that it will lay off 197 employees with the shut down of its operations in America. T... More »

Foursquare CEO steps down- company raises $45 million in funding

Foursquare’s chief executive, Dennis Crowley, is stepping down and will be succeeded by Jeff Glueck, the company’s current chief operating officer. Foursquare, which makes apps that helps users find restaurants and stores and “check” into them, also raised $45... More »

Netflix goes global, reaches most countries except China

Netflix Inc’s video-streaming service went live in more than 130 countries on Wednesday, covering almost the entire globe except China, in a huge global push by Chief Executive Reed Hastings to counter slowing growth in the United States. Shares of the company... More »

Sirius XM signs new five-year deal with Howard Stern

Satellite radio company Sirius XM Holdings Inc and “shock jock” Howard Stern have renewed their five-year deal for his popular “Howard Stern Show,” ending the uncertainty around the fate of the decade-long association. The news comes after years of Sirius, maj... More »

Disney’s ESPN withdraws content from YouTube

Walt Disney Co’s sports network ESPN said it will not make its content available on YouTube, due to the recently announced ad-free subscription-based offering coined YouTube Red. Alphabet Inc’s YouTube said on Wednesday it will launch YouTube Red, a $10-a-mont... More »

BBC probe reveals working condition issues at Sports Direct

An investigation by the British Broadcasting Corporation (BBC) has revealed that more than 80 calls were made to ambulances by Sports Direct employees at its headquarters in Derbyshire for “life-threatening illnesses”. The figures, which came from a Freedom of... More »

Ashley Madison, parent company sued in U.S. over data breach

Infidelity website Ashley Madison and its parent company have been sued in federal court in California by a man who claims that the companies failed to adequately protect clients’ personal and financial information from theft, saying he suffered emotional dist... More »

Disney warning eclipses AMC Networks’ sales rise

AMC Networks Inc’s (AMCX.O) shares fell as much as 14 percent despite the company’s strong results, continuing a slide triggered by Walt Disney Co’s (DIS.N) forecast that suggested that more customers were deserting paid TV than expected. Walt Disney Co (DIS.N... More »

Fox lowers profit outlook, shares drop

Media company Twenty-First Century Fox Inc (FOXA.O) on Wednesday reduced its profit expectation for the coming year, citing foreign currency impacts, the timing of film releases, and sports and digital investments in India. Fox had projected earnings in the mi... More »

Sky beats year forecasts with broad demand across Europe

LONDON European pay-TV group Sky said on Wednesday it expects to perform strongly in its new financial year after better-than-expected 2014/15 profits prompted investors to rethink their growth forecasts for the newly-enlarged group. Sky, formed from the combi... More »

Microsoft hands display ads to AOL, maps to Uber

SEATTLE Microsoft Corp (MSFT.O) said on Monday it will hand over its display advertising business to AOL Inc and sell some map-generating technology to ride-hailing app company Uber, as it slims down its money-losing online operations. The moves mean Microsoft... More »

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s1.reutersmedia.net/resources/r/?m=02&d=20140506&t=2&i=894661138&w=&fh=545px&fw=&ll=&pl=&sq=&r=CBREA45170J00s1.reutersmedia.net/resources/r/?m=02&d=20140506&t=2&i=894661138&w=&fh=545px&fw=&ll=&pl=&sq=&r=CBREA45170J00Do-it-yourselfers inspire hardware renaissance in Silicon Valley

A clothing designer area is pictured at TechShop in the South of Market neighborhood in San Francisco, California April 24, 2014. REUTERS/Robert Galbraith In the shadow of Internet monoliths such as Facebook, Google and Twitter, it’s easy to forget that Silico... More »

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Apps link people with new places in real world

A woman walks past icons for Apple applications at the company’s retail store in San Francisco, California April 22, 2009. REUTERS/Robert Galbraith Tired of the same restaurants and clubs? Not sure if friends would want to venture to a new cafe or bar? New app... More »