Technology News
Netflix beats subscriber targets, shares jump 11 percent
Netflix Inc crushed Wall Street forecasts by adding 5.2 million new streaming customers in the second quarter and predicted continued momentum as it expands around the world, lifting its stock nearly 11 percent on Monday.
Recent Technology News
Global cyber attack could spur $53 billion in losses: Lloyd's of London
A major, global cyber attack could trigger an average of $53 billion of economic losses, a figure on par with a catastrophic natural disaster such as U.S. Superstorm Sandy in 2012, Lloyd's of London said in a report on Monday.
Tesla driver denies Autopilot system caused Minnesota crash
WASHINGTON The driver of a Tesla vehicle involved in a crash in Minnesota on Saturday has denied that its Autopilot system caused the incident, according to an email released by the automaker on Monday.
Former AVG executives beef up cyber security investment fund
PRAGUE A group of former executives and investors from antivirus software maker AVG Technologies have raised an additional $55 million for their fund that invests in cyber security companies, its managing partner said.
Qatar says media report reveals UAE role in hack that sparked crisis
LONDON/DOHA Qatar said on Monday that a U.S. media report had shown that the United Arab Emirates was involved in an alleged hack of Qatar's state news agency in late May that helped spark a diplomatic crisis in the Gulf.
Somalia restores internet connection after weeks of outage
MOGADISHU Somalia has restored its internet connection after repairing a severed undersea cable, a telecoms official said on Monday, after an outage that the government said had cost the economy millions of dollars a day.
- Wall Street ends flat; Netflix jumps after the bell
- Blue Apron shares tumble after Amazon files for meal-kit trademark
- Trian takes off the gloves, aiming to put Peltz on P&G's board
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- Trump vows to protect 'Made in America' products
- Tesla adds two to board, including James Murdoch
- Lack of voting rights may keep Snap, others from MSCI indexes
- Low-fee BlackRock funds reel in cash but earnings disappoint
- America Movil audits Guatemala unit after questions surface over payments