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Tencent's Rout This Year Has Wiped Out Over $175 Billion in Market Value

Thu, 16 Aug 2018 07:29:40 EDT

Tencent’s selloff has sparked fears of a broader contagion for tech stocks around the world.

Microsoft's Cortana Mistake: Relying on Windows

Tue, 14 Aug 2018 10:27:36 EDT

Microsoft is moving to retool Cortana, its digital voice assistant that has struggled as the software giant shackled it to the personal computer.

The Battery Pioneer Who, at Age 96, Keeps Going and Going

Thu, 09 Aug 2018 20:41:08 EDT

Four decades ago, John Goodenough helped invent the battery that is used to recharge cellphones, iPads and many other of today’s electronic goods. Now he wants to change the game again, working on a prototype of a liquid-free and cobalt-free battery.

Uber's Revenue Growth Keeps Up Fast Pace as Losses Narrow

Thu, 16 Aug 2018 06:47:16 EDT

A year after joining Uber Technologies, CEO Dara Khosrowshahi is showing signs he can maintain the ride-hailing firm’s rapid pace of revenue growth while reining in some of its substantial losses.

Public Radio Networks to Merge in Big Bet on Podcasts

Wed, 15 Aug 2018 15:18:33 EDT

Public-radio companies PRX and PRI are merging in a bid to capitalize on the surging popularity of podcasts and other digital formats as listeners and content creators migrate away from traditional broadcast radio.

Wall Street's Latest Short: Once-Hot Metal for Electric Cars

Thu, 16 Aug 2018 04:51:39 EDT

One of the hottest investments of 2017 is now a big short.

Buffett's Berkshire Keeps Buying More of Apple

Wed, 15 Aug 2018 08:55:22 EDT

Warren Buffett’s Berkshire Hathaway continued to load up on technology giant Apple in the second quarter, taking its stake in the iPhone maker to $46.6 billion.

Google Woos Partners for Potential China Expansion

Mon, 13 Aug 2018 07:43:43 EDT

While Google’s search engine remains blocked in China, the company is courting allies there by providing tools and support to a growing number of app developers, manufacturers and advertisers.

Cisco Extends Growth Streak on Strong Software Sales

Thu, 16 Aug 2018 01:51:14 EDT

Cisco Systems on Wednesday reported its third-consecutive quarter of revenue growth, evidence the networking-gear maker’s move to build up its software business is paying off.

Match Group, IAC Face Suit Over Tinder Valuation

Tue, 14 Aug 2018 17:58:47 EDT

Three Tinder founders and a handful of current executives alleged in a lawsuit that the dating app’s parent companies, Match Group and IAC/InterActiveCorp., manipulated financial information to undermine its valuation.

SEC Sends Subpoena to Tesla in Probe Over Musk Tweets

Thu, 16 Aug 2018 07:24:49 EDT

Federal regulators have subpoenaed Tesla, ramping up an investigation into Chief Executive Elon Musk’s tweet last week that he had secured funding to take the electric-car maker private.

T-Mobile Forges Deals With Pandora, Live Nation

Wed, 15 Aug 2018 14:17:13 EDT

T-Mobile US Inc. said it will give customers free music and perks from Pandora Media and Live Nation Entertainment, the latest in a string of sweeteners from carriers seeking to offer more than wireless service alone.

Saudi Arabia Goes High-Tech in Approach to Investing

Wed, 15 Aug 2018 15:40:24 EDT

Crown Prince Mohammed and his sovereign-wealth fund, weighing whether to be part of a deal to take Tesla private, have become a pivotal global investor. But some Saudis worry impulsive bets on future technologies could jeopardize the wealth of future generations.

Starboard Seeks Five Board Seats at Symantec

Thu, 16 Aug 2018 00:29:17 EDT

Activist investor Starboard Value LP has taken a position in the cybersecurity company and privately nominated five directors to its 11-person board in July.

The Man Who Solved Bitcoin's Most Notorious Heist

Sun, 12 Aug 2018 11:32:19 EDT

Rampant thefts are taking the shine off cryptocurrencies. After the massive Mt. Gox exchange hack, Kim Nilsson decided to fight back.

No, You Can't Vote Via Text: Officials Battle Disinformation

Sun, 12 Aug 2018 04:12:32 EDT

State officials say they have solid plans to guard election systems across the country from potential cyberattacks by foreign adversaries during this year’s midterms. They are less sure how to counter another threat: online disinformation about how to cast a vote.

A Digital Savings Club That Aims to Boost Your Spending Power

Sun, 12 Aug 2018 11:20:33 EDT

The future of household savings and borrowing is taking a page from the past as a centuries-old system—where friends and family pool money to fund each other’s big-ticket investments—gets a makeover for the mobile age.

Health Insurer Shuns 'Unproven' Amniotic-Tissue Products

Wed, 15 Aug 2018 20:35:37 EDT

United Healthcare said it won’t reimburse patients for their use of amniotic-tissue products made by MiMedx Group and other manufacturers.

Best Buy to Acquire Jitterbug Parent GreatCall for $800 Million

Wed, 15 Aug 2018 20:14:22 EDT

Best Buy has agreed to buy GreatCall, the maker of senior-focused Jitterbug mobile phones, for $800 million as part of an effort to increase investments in technology that addresses the needs of older people

Twitter Suspends Alex Jones Over New Tweet

Wed, 15 Aug 2018 12:20:44 EDT

Twitter suspended far-right talk-show host Alex Jones for violating the social media company’s policies, a reversal amid intensifying public scrutiny and criticism of Mr. Jones’s posts on the platform.

WhatsApp Founder's 'Rest and Vest' Reward From Facebook: $450 Million

Wed, 15 Aug 2018 18:40:29 EDT

After WhatsApp co-founder Jan Koum said he was leaving Facebook in April, he has continued showing up at the social-media giant’s headquarters. His incentive for doing so: about $450 million in stock awards.

Kroger to Sell Groceries on Alibaba Site in China

Tue, 14 Aug 2018 20:17:05 EDT

Kroger will sell its products in China on an e-commerce site owned by Alibaba Group, the grocer’s first foray into foreign sales amid a broader push into online retail.

IBM Bet Big on Using Watson to Improve Cancer Care. It Has Fallen Short.

Sun, 12 Aug 2018 20:28:41 EDT

Big Blue spent billions on its Watson artificial intelligence product with a focus on cancer care. Sometimes, it didn’t say more than doctors already knew. In other cases, Watson was tripped up by a lack of data in rare or recurring cancers and rapidly evolving treatments.

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