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Uber Rape Accusers to Firm's Board: Free Us From Arbitration

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Fourteen women who claim their Uber drivers sexually assaulted or harassed them wrote to the startup’s board Thursday to insist that their class-action lawsuit be allowed to go forward in open court. The women recount being assaulted,…

Amazon Is Raising Annual Prime Membership Price to $119 ...

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Amazon is increasing the annual Prime membership price to $119 from $99 in the U.S., CFO Brian Olsavsky said on the company’s earnings call with analysts.

Amazon Eyes Second Biggest Market Cap, Surging Past ...

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Amazon is poised to become the second-largest U.S. company by market value, thanks to its blowout earnings. Up about 6 percent in afterhours trading, the ...

Baidu Forecast Beats Estimates After News, Video Draw Subscribers

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Baidu Inc. forecast second-quarter sales above analysts’ estimates as advertisers flock to its news aggregation service and its Netflix-like video service attracts subscribers. First-quarter sales also surpassed analyst’s estimates.…

Top Stories in last day

01

Intel Lifts Forecast as Data Chip Surge Cements its Top Spot

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Intel Corp. said 2018 is looking better than expected thanks to strong demand for the chips that power cloud computing, showing that the company is holding steady against competitors that are trying to break its stranglehold on that…

23

Microsoft Sales Top Estimates, Fueled by Business Cloud Demand

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Microsoft Corp. exceeded analysts' projections for fiscal third-quarter sales and profit, lifted by strong corporate demand for cloud-computing services as the software maker added new features. Profit in the period ended March 31 rose to …

Amazon Forecast Shows E-Commerce Giant Growing Profitably

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Amazon.com Inc. forecast second-quarter profit that topped analysts' forecasts, buoyed by swelling ranks of Prime subscribers and a profitable cloud-computing division that's winning more corporate customers. The world's largest online…

U.K. Fintech Revolut Worth $1.7 Billion After New Funding ...

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In one of the biggest fundraising rounds for a European fintech this year, Revolut Ltd., a U.K. startup that provides digital banking, received $250 ...

22

Sequoia Capital Raises Bulk of $8 Billion Venture Fund ...

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Sequoia Capital has raised more than $6 billion toward what is already the biggest U.S. venture capital fund, with plans for more, said a person familiar ...

18

Intel Next Up for Chipmakers Coming Off Worst Slump Since ...

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Bears have had the upper hand in semiconductor stocks this earnings season. Intel Corp. hopes to take back control for the bulls. The world’s second ...

17

What Comes Next as Comcast, Fox and Disney Battle for Sky

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Comcast Corp. lobbed the ball back to 21st Century Fox Inc. and Walt Disney Co. in the battle for Sky Plc this week, starting a bidding war for Britain’s ...

16

Amazon Expected to Post Strong Revenue Growth - Bloomberg

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Trump attacks on company have yet to hurt the business Amazon.com Inc. is expected to post a sharp rise in sales when it reports first-quarter earnings ...

15

'Your Company Is the Problem' UK Lawmakers Tell Facebook CTO

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Tension and voices were high as Facebook Inc. Chief Technology Officer Mike Schroepfer was questioned Thursday by a U.K. parliamentary committee investigating the impact of social media on recent elections. Schroepfer, who's the latest to…

13

YouTube May Be a Horror Show, But No One Can Stop Watching ...

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Susan Wojcicki, the chief executive officer of YouTube, was in a meeting on the second floor of her company’s headquarters in San Bruno, Calif., when she ...

12

Nintendo Puts Switch Into Hands of Famicom-Generation President

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Shuntaro Furukawa grew up playing the Family Computer, eventually realizing every teenager's dream of joining the company that made the genre-defining console. Now, as the next president of Nintendo Co., he has the chance to build a new…

Twitter Tolerates Russian Trolls Over Pornbots, EU's Ansip ...

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Twitter Inc. seems to tolerate Russian troll accounts more than pornbots, the European Union’s digital policy chief told reporters. Andrus Ansip, the ...

11

China's VIPKid Is Raising Funds at Over $3 Billion Value ...

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VIPKid is finalizing a deal to raise about $500 million at a valuation of more than $3 billion, according to people familiar with the matter, a price tag ...

Hacked Crypto Exchange Earned $490 Million Before Epic ...

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Running a cryptocurrency exchange can be enormously profitable -- so long as you don’t lose your clients’ assets to hackers. Japan-based Coincheck Inc ...

Toyota Targets Big Fleets With Connected-Car Push Into ...

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Toyota Motor Corp. said it plans to save big fleet operators money by expanding its data analytics, telematics and network security platform into Europe ...

10

Tencent Wipeout Topping $118 Billion Shows Depth of Tech ...

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The tech rout is getting so bad that even Tencent Holdings Ltd. is struggling to hold above a key technical level. The shares fell as much as 2.5 percent ...

Thursday, Apr 26

Sonos Files Confidentially for Planned Summer IPO - Bloomberg

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Wireless speaker maker Sonos Inc. filed confidentially for an initial public offering, which it plans to hold as soon as this summer, people familiar with ...

Samsung Tops Profit Estimates, Warns of Weak Phone Demand ...

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Samsung Electronics Co.’s first-quarter profit exceeded analysts’ estimates on booming exports of memory chips, but warned of challenges in smartphone ...

Software Maker Ceridian Tops IPO Range to Get $462 Million

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Ceridian HCM Holding Inc., the software maker backed by Thomas H. Lee Partners, raised $462 million in its initial public offering. The company priced 21 ...

Chilean Court Orders Banks to Re-Open Crypto Exchange ...

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Chilean cryptocurrency trading platform Buda just persuaded a court to order a detente in its dispute with banks.

Wednesday, Apr 25

Facebook Sales Top Estimates, Fueled by Ads; Shares Jump

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Facebook Inc. has been embroiled in one controversy after another. But ad sales are near records and users keep flocking to the social network. First-quarter revenue rose 49 percent to $11.97 billion, beating the $11.4 billion average…

Twitter Falls After Warning Growth Pace Will Slow This Year

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Twitter Inc. fell after warning that the pace of revenue growth will slow. While beating earnings estimates for the first quarter, the social media company said it would be difficult to produce growth rates in the second half of the year…

Apple's Cook to Meet With Trump Amid U.S.-China Trade ...

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Apple Inc. Chief Executive Officer Tim Cook will meet with President Donald Trump at the White House on Wednesday as the company looks to head off a ...

China Fund Raises $500 Million to Snap Up Cheaper AI ...

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Google’s former Chinese chief just raised $500 million to invest in the country’s artificial intelligence startups. But first, he needs their ...

Tuesday, Apr 24

Crypto’s April Rally Climbs to Almost 75% - Bloomberg

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The world’s biggest cryptocurrencies rose again on Tuesday, extending their April rally deep into its fourth week and taking this month’s increase to ...

Amazon Starts Delivering Goods to the Trunk of Your GM or ...

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Amazon.com Inc. has partnered with General Motors Co. and Volvo Cars to deliver packages to car trunks in 37 U.S. cities, as the e-commerce giant seeks new ...

Intermittent Fasting Is Getting Silicon Valley Startup ...

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Like most of the health fads that catch on in Silicon Valley, this one broke through thanks to word-of-mouth—and a Medium post. Entrepreneur Sumaya Kazi ...

Apple Teaches India’s Kid Coders to Win at the App Store ...

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For his seventh birthday, Ashwat Prasanna’s parents gave him a MacBook. Three years and one Apple boot camp later, his free measurement-converter app ...

Monday, Apr 23

Alphabet Sales Growth Tops Forecasts, While Spending Surges

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Google parent Alphabet Inc. posted the strongest sales growth almost four years, indicating marketers kept flocking to its services even as lawmakers scrutinized how internet companies harness user data to sell ads. Costs also surged as…

Amazon Has a Top-Secret Plan to Build Home Robots

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Ten years ago, Amazon introduced the Kindle and established the appeal of reading on a digital device. Four years ago, Jeff Bezos and company rolled out the Echo, prompting millions of people to start talking to a computer. Now Amazon.com…

Walmart Is Close to $12 Billion-Plus Deal for Flipkart

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Walmart Inc. is close to finalizing a deal to buy a majority stake in India's leading e-commerce company for at least $12 billion and may complete the agreement in the next two weeks, according to people familiar with the matter. All the…

Toshiba Weighs Chip-Unit Options With Deadline Out of ...

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Toshiba Corp. is all but guaranteed to miss a May 1 deadline to sell its memory chips business to a Bain Capital-led group, people familiar with the matter ...