KDDI in talks to buy Kabu.com stake for $914M
1h ago
BuzzFeed to cut 15% of jobs - reports

BuzzFeed to cut 15% of jobs - reports

2h ago
Ghosn to resign, Renault to accept resignation - report

Ghosn to resign, Renault to accept resignation - report

5h ago
EC to sue UK over commodity trader tax breaks

EC to sue UK over commodity trader tax breaks

6h ago
Ford posts revenue of $41.8B in Q4, up 1% YoY

Ford posts revenue of $41.8B in Q4, up 1% YoY

8h ago
  • Google to appeal €50M GDPR fine - report
    Google to appeal €50M GDPR fine - report
    8h ago

    Google will appeal its €50 million fine issued by France's data protection watchdog, media reported on Wednesday, citing a spokesperson for Google. The tech giant's representative said that the company will act due to concer...

  • Verizon Media Group to lay off 7% of staff - report
    Verizon Media Group to lay off 7% of staff - report
    10h ago

    Verizon Media Group, the owner of Yahoo and AOL, is cutting 7% of its workforce or approximately 800 employees, CNBC reported on Wednesday citing a source familiar with the matter.

    "Our goal is to create the best experiences...

  • FedEx, UPS drop on Amazon's fee cut plans
    FedEx, UPS drop on Amazon's fee cut plans
    11h ago

    An initiative by the world's biggest ecommerce player to eliminate some of its surcharges weighed on FedEx Corp. and United Parcel Service Inc. on Wednesday. They fell to six-day lows in mid-session, while Amazon.com Inc. traded in l...

  • Most of Tesla staff cuts are Model S, Model X employees
    Most of Tesla staff cuts are Model S, Model X employees
    11h ago

    Most of the recent staff cuts at Tesla Inc. are employees working on the company's Model S and Model X vehicles, CNBC reported on Wednesday, citing laid off and current Tesla workers. The lay offs were mostly conducted in the product...

  • Amazon launches self-driving delivery device Scout
    Amazon launches self-driving delivery device Scout
    12h ago

    E-commerce giant Amazon.com Inc. announced on Wednesday that it launched its own autonomous driving device called Scout, according to an official post published on its website. The new delivery system has been "designed to safely ge...

  • Hulu cuts price for its cheapest service
    Hulu cuts price for its cheapest service
    12h ago

    Hulu will reduce the price of its basic TV service by a quarter, to $5.99 and increase the fee for its most expensive, live TV featured plan up to $44.99 per month, the company announced on Wednesday. Hulu’s new pricing will go int...

  • Blue Origin conducts successful launch of New Shepard
    Blue Origin conducts successful launch of New Shepard
    12h ago

    Blue Origin successfully launched and landed its New Shepard rocket on Wednesday, bringing the space company founded by Jeff Bezos (pictured) a step closer to flying people to sub...

  • Dell transformed into global leader while private - CEO
    Dell transformed into global leader while private - CEO
    12h ago

    Dell Technologies Chief Executive Officer Michael Dell said on Wednesday that the computer technology company "transformed" during the time when it was private. The executive told CNBC at the World Economic Forum in Davos that ...

  • YouTube TV rolls out nearly nationwide
    YouTube TV rolls out nearly nationwide
    13h ago

    YouTube TV is as of Wednesday available to 95 markets of what it considers 100 top markets in the United States or 98% of households. Google Inc.'s live streaming TV service, part of Alphabet Inc.'s empire, also announced plans f...

  • Boeing's autonomous air taxi completes first flight
    Boeing's autonomous air taxi completes first flight
    14h ago

    United States aerospace giant Boeing Co. said on Wednesday its autonomous air taxi prototype completed its first flight, the Wall Street Journal reported. The company stated that the electric-powered aircraft took off for the first time ...

  • Bill Gates: Investing in healthcare returns 20-fold
    Bill Gates: Investing in healthcare returns 20-fold
    15h ago

    While attending the World Economic Forum in Davos, the co-founder of Microsoft Corp. Bill Gates told CNBC on Wednesday that the investments made in healthcare organizations by the Bill & Melinda Gates Foundation have returned 20 time...

  • Koch leads $160M investment in  Desktop Metal
    Koch leads $160M investment in Desktop Metal
    15h ago

    American technology company Desktop Metal announced on Wednesday the closing of a $160 million venture round, led by Koch Industries, Inc.'s subsidiary Koch Disruptive Technologies (KDT).

    Following the latest investment, Desk...

  • Jack Ma: Making money not priority for Alibaba
    Jack Ma: Making money not priority for Alibaba
    17h ago

    Alibaba founder Jack Ma said at the World Economic Forum (WEF) in Davos on Wednesday that "making money" is not a priority for the Chinese e-commerce company and that its main goal now is to focus on "using technology to m...

  • P&G posts net sales of $17.4B in Q2
    P&G posts net sales of $17.4B in Q2
    17h ago

    American consumer goods corporation Procter & Gamble Co. (P&G) announced on Wednesday its net earnings in the second fiscal quarter of 2019 stood at $17.44 billion, unchanged compared to a year ago. Net income rose from $2.5 bill...

  • Comcast revenue rises 26% to $27.8B in Q4
    Comcast revenue rises 26% to $27.8B in Q4
    17h ago

    American telecommunications conglomerate Comcast Corp. reported on Wednesday an increase of 26.1% in revenue to $27.85 billion for the fourth quarter of 2018. Earnings per share (EPS) fell 82.6% to $0.55 while rising 36.2% on an adjusted...