(Reuters) – Software maker Atlassian Corp Plc said on Thursday it will exit its chat-platform business by selling Stride and Hipchat Cloud to privately owned Slack Technologies for an undisclosed amount. FILE PHOTO: The Slack messaging application is seen on a phone screen August 3, 2017. REUTERS/Thomas White/File Photo Atlassian has made an equity investment […]
Read More (Reuters) – Electronic Arts Inc forecast tepid second-quarter revenue growth on Thursday, overshadowing quarterly results that topped analysts’ estimates and sending its shares down 7 percent in extended trading. FILE PHOTO: An Electronic Arts (EA) video game logo is seen at the Electronic Entertainment Expo, or E3, in Los Angeles, California, United States, June 17, […]
Read More NEW YORK/WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission on Thursday stood by a decision blocking an exchange-traded fund that would have tracked bitcoin, citing concerns about market manipulation. Brothers Cameron (L) and Tyler Winklevoss talk to each other as they attend a New York State Department of Financial Services (DFS) virtual currency hearing […]
Read More (Reuters) – Intel Corp’s (INTC.O) fast-growing data center business missed Wall Street targets on Thursday as the world’s second-largest chipmaker faced stiff rivalry from Advanced Micro Devices Inc (AMD.O), and it again delayed the release of its next-generation chips until the end of 2019. The Intel logo is shown at E3, the world’s largest video […]
Read More NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Thursday stood by a decision to block an exchange-traded fund (ETF) that would have tracked bitcoin. Brothers Cameron (L) and Tyler Winklevoss talk to each other as they attend a New York State Department of Financial Services (DFS) virtual currency hearing in the Manhattan […]
Read More SAN FRANCISCO/NEW YORK (Reuters) – Wall St breathed a sigh of relief on Thursday after Amazon.com’s quarterly results beat estimates, sending the online retailer’s stock to a record high and alleviating fears of deepening troubles across the FANG group after Facebook’s results sent its shares reeling. FILE PHOTO: Amazon.com’s logo is seen at Amazon Japan’s […]
Read More (Reuters) – Intel Corp’s (INTC.O) fast-growing data center business missed Wall Street targets on Thursday as the world’s second-largest chipmaker faced stiff rivalry from Advanced Micro Devices Inc (AMD.O), and again delayed the release of its next-generation chips until the end of 2019. The Intel logo is shown at E3, the world’s largest video game […]
Read More (Reuters) – Amazon.com Inc (AMZN.O) posted a profit that was double Wall Street targets on Thursday and forecast a strong pre-holiday quarter thanks to the retailer’s newer high-earning businesses including cloud computing and advertising. FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City,U.S., January 29, 2016. REUTERS/Mike […]
Read More (Reuters) – Facebook Inc (FB.O) Chief Executive Mark Zuckerberg’s fortune took a more than $15 billion hit on Thursday, as the social media company suffered the biggest one-day wipeout in U.S. stock market history a day after executives forecast years of lower profit margins. At least 16 brokerages cut their price targets on Facebook after […]
Read More NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Thursday said it would reaffirm an earlier decision not to let a proposed bitcoin-tracking exchange-traded fund trade. Brothers Cameron (L) and Tyler Winklevoss talk to each other as they attend a New York State Department of Financial Services (DFS) virtual currency hearing in the […]
Read More (Reuters) – Intel Corp (INTC.O) missed analysts’ estimates for its closely watched data center business on Thursday as it faced stiff competition from rival Advanced Micro Devices Inc (AMD.O), sending its shares down 3 percent in extended trading. The Intel logo is shown at E3, the world’s largest video game industry convention in Los Angeles, […]
Read More NEW YORK (Reuters) – Starbucks Corp (SBUX.O) lowered its guidance for full year same-store sales growth on Thursday, saying it now sees growth just below its previous target range. FILE PHOTO: A Starbucks store is seen inside the Tom Bradley terminal at LAX airport in Los Angeles, California, U.S. on October 27, 2015. REUTERS/Lucy Nicholson/File […]
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