Facebook approaches Netflix, Disney to support TV chat device: The Information
Facebook Inc has approached Netflix Inc, Walt Disney Co and other media companies about putting their streaming services on a new Facebook device for making...
Amazon buys Israeli startup E8 Storage: source
Amazon has bought Israeli storage technology startup E8 Storage, a source familiar with the deal said on Wednesday....
UK watchdog warns of perils of unregulated cryptocurrencies
Britain’s markets watchdog said on Wednesday that bitcoin and other cryptocurrencies have no intrinsic value and offer consumers few protections, but added that such coins...
Amazon to buy Israeli startup E8 storage: media
E-commerce giant Amazon has agreed to buy Israeli storage technology startup E8 Storage, Israeli financial media reported on Wednesday....
Apple woos investors with China gain, market value nears $1 trillion
Shares of Apple Inc rose 4.2% on Wednesday, after the company calmed Wall Street nerves with an improvement in sales in China and as several...
Avis enlists Israeli startup to turn rental car data into cash
Avis Budget Group Inc has enlisted an Israeli startup to help turn data from its car rental fleet into cash, as more auto industry players...
Israeli software firm Lightricks raises $135 million at $1 billion valuation
Israeli software company Lightricks, the creator of several photo and video editing apps, said on Wednesday it has raised $135 million in financing at a...
Spotify reports bigger-than-expected loss, paid subscribers disappoint
Spotify Technology SA on Wednesday posted bigger-than-expected quarterly losses as it added fewer paid subscribers than estimated....
UK markets watchdog: cryptoassets have ‘no intrinsic value’
People should be cautious about putting money into unregulated cryptoassets like bitcoin that have “no intrinsic value” and few protections, Britain’s Financial Conduct Authority said...
Panasonic posts bigger than expected 44% slump in first-quarter profit
Japan’s Panasonic Corp reported on Wednesday a sharper than expected 44% plunge in first-quarter operating profit, as Sino-U.S. trade tensions dampened demand for its auto...