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Pushkala Aripaka / Reuters:
IBM beats with Q4 revenue of $21.76B, down 3% YoY, vs. $21.71B analyst estimate, and full-year cloud revenue of $19.2B, up 12% YoY; stock up 6%+ after hours   —  (Reuters) - IBM Corp reported a smaller-than-expected 3.5 percent drop in fourth-quarter revenue on Tuesday, as higher sales …
Jan 22, 2019, 6:20 PMIn context
Gabriela Mello / Reuters:
Amazon launches direct sales of merchandise in Brazil after months of delays caused by complicated logistics, testy vendor relations, and a complex tax system   —  SAO PAULO (Reuters) - Amazon.com Inc is launching its long-awaited in-house fulfillment and delivery network in Brazil after months …
Jan 22, 2019, 1:00 PMIn context
Toby Sterling / Reuters:
Dutch navigation company TomTom to sell Telematics, its fleet management business, to Japan's Bridgestone for €910M   —  AMSTERDAM (Reuters) - TomTom, the Dutch navigation and digital maps company, said on Tuesday it has agreed to sell its Telematics, or the fleet management business …
Jan 22, 2019, 6:10 AMIn context
Reuters:
WhatsApp is now globally limiting the forwarding of messages to five recipients, in a bid to fight “misinformation and rumors”   —  JAKARTA (Reuters) - Facebook Inc's WhatsApp (FB.O) messenger service is globally limiting the number of times a user can forward a message to five …
Jan 21, 2019, 8:50 AMIn context
Anna Irrera / Reuters:
Chainalysis: Bitcoin transactions on darknet markets rose throughout 2018 to an average of $2M/day, nearly double the activity measured at the start of the year   —  NEW YORK (Reuters) - Use of bitcoin as a form of payment doubled in 2018 on darknet market sites, where users can buy anything …
Jan 19, 2019, 1:20 PMIn context
Reuters:
Chinese drone maker DJI says it has discovered several cases of serious corruption at the company and expects 2018 losses of more than $150M as a result   —  SHANGHAI (Reuters) - China's SZ DJI Technology Co Ltd, the world's largest maker of consumer drones, has discovered several cases …
Jan 18, 2019, 12:20 PMIn context
Jan Wolfe / Reuters:
Match Group and IAC seek $250M damages in a countersuit against Tinder founder Sean Rad, alleging he copied company files and other proprietary information   —  (Reuters) - Online dating company Match Group Inc (MTCH.O) and its parent company IAC/InterActiveCorp (IAC.O) have filed a lawsuit against Sean Rad …
Jan 16, 2019, 4:00 PMIn context
Akanksha Rana / Reuters:
NY-based Infor, a provider of software licenses to companies via the cloud, raises $1.5B from Koch Equity and Golden Gate Capital, follows early 2017 $2B raise   —  (Reuters) - Cloud technology company Infor Inc said on Wednesday it received an investment of $1.5 billion from shareholders …
Jan 16, 2019, 11:20 AMIn context
Paresh Dave / Reuters:
Facebook says it will extend its stricter political ad rules to India, Nigeria, Ukraine, and the EU ahead of upcoming elections in the next few months   —  SAN FRANCISCO (Reuters) - Facebook Inc told Reuters on Tuesday that it would extend some of its political advertising rules and tools …
Jan 16, 2019, 10:50 AMIn context
Jonathan Stempel / Reuters:
US authorities charge Ukrainian hacker and several others for alleged roles in trading on nonpublic corporate earnings news obtained by hacking an SEC database   —  (Reuters) - U.S. authorities on Tuesday charged several individuals and companies in a scheme to trade on information …
Jan 15, 2019, 12:25 PMIn context

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