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Leah Schnurr / Reuters:
Ashley Madison found to have violated privacy laws in joint Canada-Australia probe, enters into compliance agreements with both countries   —  The parent company of infidelity dating website Ashley Madison was responsible for numerous violations of privacy laws at the time of a massive release …
Aug 23, 2016, 9:00 PMIn context
Andrew Chung / Reuters:
ITC trade judge clears Fitbit of stealing Jawbone's trade secrets   —  Fitbit Inc did not steal rival Jawbone's trade secrets, a U.S. International Trade Commission judge ruled on Tuesday, dashing Jawbone's hopes of securing an import ban against Fitbit's wearable fitness tracking devices.
Aug 23, 2016, 5:55 PMIn context
David Ingram / Reuters:
New Massachusetts law will impose 20¢ fee per trip on ride-hailing apps such as Uber until 2026, 5¢ of which will pay for taxi subsidies until 2021   —  Massachusetts is preparing to levy a 5-cent fee per trip on ride-hailing apps such as Uber and Lyft and spend the money …
Aug 22, 2016, 10:05 AMIn context
Reuters:
Source: Samsung to launch refurbished smartphone program as early as next year in an effort to boost revenue, fight off mid-tier competitors   —  Samsung Electronics Co Ltd plans to launch a program to sell refurbished used versions of its premium smartphones as early as next year …
Aug 22, 2016, 7:40 AMIn context
David Shepardson / Reuters:
AT&T, Alphabet, Apple, Verizon, Comcast, others form “Robocall Strike Force” that will work with FCC to combat robocalls   —  The chief executive of AT&T (T.N) will announce Friday that 33 companies including the telecom giant, Alphabet Inc (GOOGL.O), Apple Inc (AAPL.O) …
Aug 19, 2016, 12:05 PMIn context
Reuters:
California district court rejects Uber's proposed $100M settlement with drivers as neither fair nor adequate   —  A U.S. judge on Thursday rejected a proposed class action settlement in a lawsuit brought by Uber Technologies Inc drivers who claimed they were employees entitled to expenses.
Aug 18, 2016, 6:03 PMIn context
Julia Fioretti / Reuters:
EU considers extending rules governing telecoms to apps like Skype and WhatsApp, mandating weakened encryption, limiting the data apps can collect about users   —  The European Union is planning to extend telecom rules covering security and confidentiality of communications to web services …
Aug 15, 2016, 8:40 PMIn context
Paul Carsten / Reuters:
Profile of Didi Chuxing CEO Cheng Wei, who started at a foot massage company and worked as a salesman at Alibaba before launching China's ride-hailing giant   —  Cheng Wei, 34, was once assistant to the head of a foot massage firm.  Last week, his company Didi Chuxing bagged Uber's China business …
Aug 15, 2016, 10:55 AMIn context
Ankit Ajmera / Reuters:
Online used car dealer Carvana raises $160M Series C to grow its business and build more vending machines for cars   —  Online used-car startup Carvana, known for delivering vehicles through vending machines, said on Wednesday it closed a $160 million Series C funding round that brought the total raised to nearly half a billion dollars.
Aug 15, 2016, 6:45 AMIn context
Anya George Tharakan / Reuters:
Nvidia Q2 revenue up 24% YoY to $1.43B, with net income $253M, up from $26M one year ago   —  Chipmaker Nvidia Corp reported its fastest quarterly sales growth in nearly five years, powered by strong demand for the company's processors used in gaming computers and in data centers.
Aug 11, 2016, 8:05 PMIn context

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