PayPal sees strong second quarter as online spending surges (May 6)
PayPal Holdings Inc said it expects a strong recovery in payments volumes in the second quarter as social distancing drives more people to shop online,...
Nintendo smashes Switch sales view; says Animal Crossing is device’s fastest-selling game
Japan’s Nintendo Co Ltd said on Thursday its fourth-quarter profit soared 200% due to surging demand for its Switch games console, and that title Animal...
Nintendo smashes Switch sales forecast as Animal Crossing sales top 13 million
Japan’s Nintendo Co Ltd said on Thursday it sold 21 million Switch units in the year ended March, smashing its forecast of 19.5 million units,...
Samsung heir’s apology fans skepticism as watchdog panel meets
Samsung Group heir Jay Y. Lee’s vow to end dynastic succession at South Korea’s biggest conglomerate following three generations of Lee family control sparked skepticism...
Colombia’s coronavirus app troubles show rocky path without tech from Apple, Google
Colombia has removed the contact-tracing feature in its official app for informing residents about the novel coronavirus after experiencing glitches, but aims to rebuild using...
U.S. lawmakers warn Trump against harming U.S. chipmakers amid coronavirus crisis
A group of Senate Republicans is urging U.S. President Donald Trump to avoid hurting American chipmakers, which they see as essential to the coronavirus response...
Lyft sees rider demand improve in late April, ‘on path to profitability’
Lyft Inc on Wednesday posted higher-than-expected revenue and the ride-hailing company vowed further cost cuts to become profitable, saying ridership hit by the coronavirus pandemic...
Exclusive: U.S. drafts rule to allow Huawei and U.S. firms to work together on 5G standards – sources
The U.S. Department of Commerce is close to signing off on a new rule that would allow U.S. companies to work with China’s Huawei Technologies...
Lyft sees rider demand rebound in late April, ‘on path to profitability’
Lyft Inc on Wednesday surprised investors with higher-than-expected revenue and the ride-hailing company vowed further cost cuts to become profitable as the U.S. coronavirus lockdown...
T-Mobile beats first-quarter postpaid subscriber estimates
T-Mobile US Inc added more monthly bill paying phone subscribers than expected in the first quarter, thanks to cheaper plans compared to its rivals and...