Newspaper chain MNG Enterprises Inc , controlled by secretive hedge fund Alden Global Capital LLC, on Monday offered to buy Gannett Co Inc in a $1.36 billion deal to add the USA Today and scores of other newspapers to its stable of regional publications.
SAN FRANCISCO/BENGALURU/SHANGHAI Apple Inc on Wednesday took the rare step of cutting its quarterly sales forecast, with Chief Executive Tim Cook blaming slowing iPhone sales in China, whose economy has been dragged down by uncertainty around U.S.-China trade relations. | Video
Facebook Inc offered some companies, including Netflix and Airbnb, access to data about users' friends it did not make available to most other apps in 2015, according to documents released by a British lawmaker who said the social media company dodged questions about privacy practices and market dominance. | Video
Nov 28 Shares of cloud software makers jumped on
Wednesday after Salesforce.com Inc's upbeat quarterly
earnings boosted Wall Street's expectations for the fast-growing
sector, which was hammered during the recent sell-off in
Chip designer Nvidia Corp on Thursday forecast disappointing sales for the holiday quarter, pinning the blame on unsold chips piling up with distributors and retailers after the evaporation of the cryptocurrency mining boom.
Dropbox Inc on Thursday reported better-than-expected third quarter results and forecast current-quarter revenue above analysts' estimates, as the file sharing and storage firm benefits from an expanded customer base that pays more.
SAN FRANCISCO Samsung Electronics Co Ltd unveiled its much-anticipated foldable phone in San Francisco on Wednesday, urging Android developers to start writing apps for it. | Video
Roku Inc forecast a surprise holiday-quarter loss and missed third-quarter revenue estimates for its high margin video streaming platform, sending its shares down nearly 13 percent in after-market trading on Wednesday.