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Bloomberg:
UniCredit, Italy's biggest bank, says hackers stole 400,000 clients' biographical and loan data; the related attacks occurred Sept-Oct 2016 and June-July 2017   —  Bank said to have discovered breaches from 2016 only this week  —  Attack comes after 80 Ukrainian lenders compromised in June
Jul 26, 2017, 2:20 PMIn context
Eric Newcomer / Bloomberg:
Sources: Uber could appoint a new CEO within six weeks, says head of HR; shortlist has fewer than six candidates, including HPE's Meg Whitman   —  Uber Technologies Inc. hopes to name a new leader by early September to replace its ousted chief executive officer and steer the ride-hailing business out of a turbulent period.
Jul 26, 2017, 1:25 PMIn context
Bloomberg:
Sources: Facebook to debut a series of original, short-form videos from partners in mid-Aug., after a number of false starts; longer-form content to come later   —  Facebook's video tab start has been delayed several times  —  Company is asking partners to turn in first episodes now
Jul 26, 2017, 12:45 PMIn context
Camila Russo / Bloomberg:
LedgerX is set to become the first federally regulated cryptocurrency options exchange and clearinghouse in the US after receiving CFTC license   —  LedgerX becomes the first regulated bitcoin options exchange  —  CFTC authorized company to provide clearing services for swaps
Jul 25, 2017, 9:15 PMIn context
Bloomberg:
Sources: SoftBank invests in Roomba-maker iRobot, keeping the stake below 5% and under US disclosure threshold   —  IRobot stake is below 5%, under U.S. disclosure threshold  —  Japanese firm has raised over $93 billion for Vision Fund  —  SoftBank Group Corp. has taken a stake …
Jul 25, 2017, 6:30 PMIn context
Eric Newcomer / Bloomberg:
Sources: Lyft's Q2 gross bookings grew ~25% YoY from $800M to $1B+, a faster rate than Uber during the same period   —  The company's gross bookings rose 25% quarter over quarter  —  Lyft has seized on competitor Uber's many public stumbles  —  Lyft Inc.'s business has been booming …
Jul 25, 2017, 1:40 PMIn context
Bloomberg:
Microsoft designs new AI chip for next version of HoloLens, which will let mixed reality goggles recognize speech and images on device instead of the cloud   —  New HoloLens processor will let mixed reality goggles recognize speech and images  —  Tech companies are keen …
Jul 24, 2017, 8:45 AMIn context
Paula Dwyer / Bloomberg:
Some economists say US tech giants are becoming harmful monopolies, need to be broken up; regulators need to consider alternatives to classic antitrust theory   —  Apple, Amazon, Google, and Facebook may be contributing to the U.S. economy's most persistent ailments.
Jul 23, 2017, 4:35 PMIn context
Bloomberg:
Graphcore raises $30M led by Atomico for its Intelligence Processing Units designed to improve machine-learning processing speeds; first IPUs ship late 2017   —  Venture capital firm Atomico leads investment with AI experts  —  Graphcore's chips specifically targeted for neural networks
Jul 20, 2017, 9:18 PMIn context
Dina Bass / Bloomberg:
Microsoft beats estimates with strong cloud performance; Azure sales almost double, and Office 365 app revenue rises 43%   —  Azure sales almost double; Office 365 app revenue rises 43%  —  Tax-rate benefit boosted per-share profitby 23 cents a share  —  Microsoft Corp.'s turnaround plan got …
Jul 20, 2017, 7:10 PMIn context

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