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YouTube's bid to grab TV dollars imperiled by advertiser revolt

The decision by a handful of high-profile consumer brands to pull advertising from Google’s YouTube over offensive content could threaten the site’s long-term strategy of stealing ad dollars from television, analysts and ad industry professionals said Thursday.

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Micron's upbeat forecast rides on rising chip prices

Micron Technology Inc forecast current-quarter revenue and profit far ahead of analysts' estimates as prices for memory chips climb amid tight supplies and demand surges for storage chips used in smartphones. Shares of the company, which also beat second-quarter profit estimate, were up 9.4 percent in extended trading on Thursday.

6:50pm EDT

Uber Canada urges government to retain tax advantage

Uber Canada on Thursday urged the Canadian government to retain a tax advantage available to ride-services companies, a day after the country's Liberal administration proposed removing the measure.

4:34pm EDT

Uber stalls India leasing scheme as driver incomes drop: sources

NEW DELHI Global ride-hailing firm Uber Technologies is rethinking its car leasing strategy in India, its second-biggest market, as drivers have returned dozens of leased cars early after the company cut incentives, people familiar with the matter told Reuters.

9:08pm EDT

Accenture's full-year profit forecast disappoints, shares fall

Consulting and outsourcing services provider Accenture Plc slightly raised its full-year profit forecast, but the revised outlook was still largely below market expectations, sending the company's shares down as much as 4.5 percent.

4:06pm EDT

China's Chery files trademark complaint against Mercedes over green car brand

BEIJING Chinese automaker Chery Automobile Co Ltd [CHERY.UL] has filed a complaint with the country's trademark regulator over Mercedes-Benz's use of the "EQ" name for a line of green-energy vehicles, throwing up a potential road block for the Daimler AG unit in the world's largest electric car market.

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