7 years ago035SAN FRANCISCO (Reuters) - A potential flood of newly available Snap shares is weighing on Wall Street's already shaky support for the owner of the Snapchat social media app.
Snap's (SNAP.N) shares fell as much as 1.7 percent on Thursday as analysts focused on the expiry of lock-up periods starting at the end of July, when insiders and...
7 years ago079NEW YORK (Reuters) - The Hyperledger Project, a group led by the Linux Foundation, has released its first blockchain code that can be used by large businesses to build software.
The group, whose more than 120 members include International Business Machines Corp, Cisco Systems Inc, the Bank of England and JPMorgan Chase & Co, said on...
7 years ago056Twitter Inc (TWTR.N), in its latest step to curb abusive behavior on its platform, rolled out new features on Monday to help users disable notifications from accounts that they want to avoid.
The microblogging website said its "advanced filter settings" will now have options for users to mute notifications from accounts that they do...
7 years ago059Samsung Electronics Co Ltd (005930.KS) on Friday said its second-quarter operating profit likely rose 72 percent from a year earlier to a new record, beating analyst estimates, as strong memory chip prices helped widen margins.
The Apple Inc (AAPL.O) smartphone rival and global memory chip leader said second-quarter operating profit...
7 years ago052Chinese bike-sharing start-up Ofo said on Thursday it has raised more than $700 million in its latest funding round that was led by Alibaba Group and two others, in the largest such fund-raising in the business that has drawn keen investor interest.
Ofo said in a statement that besides Alibaba, the series E funding was led by Hony...
7 years ago084Taiwan plans to spend T$1 billion ($32.73 million) every year over a period of five years on artificial intelligence research centers, the government said, in a move that will help its technology firms enter the fledgling sector.
"The importance of AI for Taiwan is apparent through its semiconductor companies. Right now, they have an...
7 years ago070Samsung Electronics Co Ltd (005930.KS) said on Sunday it will start selling a refurbished version of the recalled Galaxy Note 7 smartphone in South Korea on July 7, using batteries different from those that caused some handsets to catch fire last year.
Samsung said in a statement it will offer 400,000 phones, dubbed the Galaxy Note 7...
7 years ago073Wipro Ltd (WIPR.NS), India's third-largest software services exporter, said on Wednesday that more than half its workforce in the United States consists of locals after it hired more than 1,600 people in the last six months.
The statement comes as U.S. President Donald Trump has asked federal agencies to review a visa program that...
7 years ago066Self-driving startup Drive.ai said on Tuesday it raised $50 million in a second round of funding as the Silicon Valley company prepared to deploy its technology in pilot vehicles later this year.
The company, one of a handful of startups building fully autonomous systems for cars, also said it had added to its board Andrew Ng, a...
7 years ago074JPMorgan Chase & Co is shifting control of heating, air-conditioning and lighting in 4,500 of its branches to an operations center hosted in the internet cloud.
Sol Gindi, chief administrative officer for JPMorgan's consumer bank, said the company is making the change so that bank branch managers and loan officers can do their...
7 years ago081Apple Inc is leasing a small fleet of cars from rental company Hertz Global Holdings Inc to test self-driving technology, Bloomberg reported on Monday.
Hertz shares were up 13.5 percent at $10.82, while shares of Apple were slightly down.
Apple is renting Lexus RX450h sport-utility vehicles from Hertz's Donlen fleet-management...
7 years ago054Alphabet Inc's (GOOGL.O) Google pressed U.S. lawmakers and the international community on Thursday to update laws on how governments access customer data stored on servers located in other countries, hoping to address a mounting concern for both law enforcement officials and Silicon Valley.
The push comes amid growing legal...
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Despite its critical and growing importance, computer science is taught in only a small minority of U.S. schools. In our technology-driven world exists a gender-gap in the fields of Science, Technology, Engineering and Mathematics, or STEM, with only 1 out of 3 high school girls entering college in a STEM related field. The...