Fedcoin? The U.S. central bank is looking into it
The Federal Reserve is looking at a broad range of issues around digital payments and currencies, including policy, design and legal considerations around potentially issuing...
Qualcomm says China virus threatens phone industry disruption
Qualcomm Inc raised concerns around the threat to the mobile phone industry’s supply chain from the coronavirus outbreak in China, dragging down shares....
‘Merge Magic!’ helps Zynga top bookings estimates
Mobile game developer Zynga Inc topped Wall Street estimates for quarterly bookings on Wednesday, riding on the success of its new titles “Merge Magic!” and...
GrubHub beats quarterly revenue estimates on diner growth
GrubHub Inc beat Wall Street estimates for quarterly revenue on Wednesday, as the online food delivery company attracted more diners through increased restaurant partnerships....
Cognizant beats quarterly earnings estimates on lower costs
Cognizant Technology Solutions Corp beat Wall Street estimates for quarterly profit and revenue on Wednesday, as a trim in its workforce reduced costs, sending shares...
Qualcomm forecasts current-quarter revenue above estimates
Qualcomm Inc forecast second-quarter revenue largely above Wall Street estimates on Wednesday, in the latest sign that a protracted slowdown in the global chip industry...
Fed looking into central bank digital coins, Brainard says
The Federal Reserve is looking at a broad range of issues around regulations and protections for digital payments and currencies, including the costs and potential...
IAC misses quarterly revenue estimates
IAC/InterActiveCorp reported quarterly revenue just shy of Wall Street estimates on Wednesday, hurt by weakness in the digital media company’s homeservices platform and applications business....
Tesla tumbles 17% as electrifying rally loses power
Tesla’s stock tumbled 17% on Wednesday, hitting the brakes on a dramatic rally as a senior executive said the coronavirus outbreak in China would delay...
Uber gets permit to restart testing its self-driving cars in California
Uber Technologies Inc has been allowed to restart testing its self-driving vehicles with a backup driver in California, almost two years after its autonomous car...
