SAN FRANCISCO (Reuters) – Waymo, the self-driving arm of Alphabet Inc , is out ahead of rivals based on a key measure of autonomous driving performance, according to a report released on Wednesday by the California Department of Motor Vehicles.
(Reuters) – Pandora Media Inc will cut 5 percent of its workforce and take other measures to save costs, as it battles intense competition in the online music streaming market.
(Reuters) – EBay Inc posted a loss for the key holiday quarter on Wednesday as it booked a $3.1 billion charge from the recent changes in U.S. tax laws.
(Reuters) – Chipmaker Qualcomm Inc's earnings and revenue exceeded Wall Street forecasts for the first fiscal quarter as demand surged for its chips used in smartphones and cars, making up for a fall in licensing revenue.
(Reuters) – Twitter Inc said on Wednesday it had expanded notifications to about 1.4 million people, who were exposed to content generated by a suspected Russian propaganda service.
EBay reported its Q4 and full-year earnings after market close today, where it reported sales of $2.6 billion and adjusted earnings per share of $0.59 for the quarter, and $9.6 billion in revenues for the year. While the holiday season is traditionally a huge time for e-commerce companies, in the case of this e-commerce giant, it fell just short of meeting estimates. Read More
Life sciences startups in Asia are getting another boost with the $10 million investment in Engine Biosciences — a biotech company that’s applying machine learning to genomics for drug discovery. With its headquarters in both Singapore and San Francisco, the company has managed to attract some impressive investors from both the U.S. and Asia. The round was co-led by Danhua… Read More
The competition between Alexa and Google Assistant is fierce. How fierce? Cover all of Las Vegas in Google Assistant ads for CES fierce? Put voice assistance in weird things like a light switch or a fridge fierce? How about “don’t dare utter our competitor’s name in your voice app” fierce? Yep, Amazon has banned Alexa app developers from saying “Google”… Read More
Facebook’s $19 billion acquisition of WhatsApp sounds smarter and smarter. Today CEO Mark Zuckerberg announced on the Q4 2017 earnings call that WhatsApp now has 1.5 billion users and sees 60 billion messages sent per day. That’s compared to 1.3 billion monthly users and 1 billion daily active users in July. The massive growth makes Facebook’s choice to pay over $19 billion… Read More
EBay reported its Q4 and full-year earnings after market close today, where it reported sales of $2.6 billion and adjusted earnings per share of $0.59 for the quarter (versus $0.54 a year ago), and $9.6 billion in revenues for the year. While the holiday season, which fell into the quarter that ended December 31, is traditionally a huge time for e-commerce companies, in the case of this… Read More