internetNews

New Uber CEO promises change, sees IPO in 18-36 months

SAN FRANCISCO/GEORGETOWN, Del. (Reuters) - Uber Technologies Inc's new Chief Executive Dara Khosrowshahi told employees on Wednesday the ride-services company would change its culture and may go public in 18 to 36 months.

Amazon hit with lawsuit over eclipse glasses

NEW YORK (Reuters) - Amazon.com has been hit with a proposed class action lawsuit by a couple who claims defective eclipse glasses purchased through the online retailer damaged their eyes.

Expedia taps CFO Okerstrom to replace Khosrowshahi as CEO

(Reuters) - Expedia Inc on Wednesday named Mark Okerstrom as its new president and chief executive, replacing Dara Khosrowshahi who left the U.S. travel-booking company to take the top job at car-ride provider Uber Technologies Inc [UBER.UL].

U.S. House panel scraps Sept. 7 net neutrality hearing

WASHINGTON (Reuters) - A U.S. House committee said on Wednesday it has canceled a planned hearing on Sept. 7 on the future of internet access rules after no companies publicly committed to appearing.

Cloud storage provider Box's revenue rises as growth slows

(Reuters) - Box Inc shares fell more than 3 percent in after-hours trading Wednesday after the company reported slower quarterly growth in revenue compared with a year prior.

Bank cyber attack suspect extradited from Germany to appear in British court

(Reuters) - A British man has been extradited from Germany after being accused of launching cyber attacks on the networks of Lloyds Banking Group and Barclays banks this year, the National Crime Agency said on Wednesday.

German and don't know who to vote for? Ask the Vote-O-Meter

BERLIN (Reuters) - Three weeks before Germany's election and with at least one poll suggesting nearly half of all voters don't know what they will do, the government has unveiled an updated online tool to help them decide.

AT&T to expand 5G U.S. broadband trials

NEW YORK (Reuters) - AT&T Inc said on Wednesday that it is expanding its 5G trials to include three new U.S. cities by the end of the year as part of its push to develop a next-generation network.

Insurers see more demand from banks for cover against cyber attacks, rogue staff

LONDON (Reuters) - Banks are increasingly turning to insurance to protect their capital from "operational risks" like cyber attacks and rogue traders, and insurers say they can help safeguard lenders by providing an extra layer of expertise.

Philippines lifts Uber suspension after it pays nearly $10 million in penalties

MANILA (Reuters) - The Philippines lifted its one-month suspension on Uber Technologies [UBER.UL] ahead of schedule on Tuesday after the ride-hailing firm paid almost $10 million in a fine and financial aid to its drivers affected by the halted operations.

Syndicate content