Facebook had a bad year? Not judging by its bottom line

2019-01-30

Facebook Inc. suffered a series of data and privacy scandals and controversies in 2018, its worst year in the public eye. Have there been any actual consequences, though? Not according to what Facebook FB, +4.32%  showed off Wednesday. The world’s largest social network reported record profit and revenue in theRead More →

Apple scramble to fix eavesdropping FaceTime bug

2019-01-29

Apple Inc. scrambled to fix a bug in its FaceTime video-chat system that lets callers eavesdrop on users of iPhones, iPads, and Macs, an embarrassing setback for a company that has touted its commitment to privacy. The glitch, which was flagged on social media Monday, allows one FaceTime user callingRead More →

Bitcoin holds firm after VanEck and SolidX pull ETF proposal

2019-01-24

Bitcoin prices were holding firm on Thursday, despite the withdrawal of a widely followed bitcoin-backed exchange-traded fund proposal. On Thursday, bitcoin, BTCUSD, +0.13%  the world’s largest digital currency, was changing hands at $3,583.06, up 0.5% since Wednesday at 5 p.m. Eastern Time on the Kraken exchange. The ETF proposal byRead More →

Chip earnings provide a sigh of relief for tech

2019-01-23

Investors concerned about the big swoon for tech stocks at the end of last year received welcome news Wednesday afternoon. Three large semiconductor companies announced earnings beats after the market closed Wednesday, a welcome respite from the barrage of poor forecasts and plunging stock prices for chip companies in theRead More →

Green Growth makes hostile bid for Aphria official

2019-01-22

U.S.-based cannabis producer Green Growth Brands Inc. made a formal offer to Aphria Inc. shareholders to acquire the company Tuesday, nearly four weeks after the Ohio company originally announced plans for the bid. Green Growth GGBXF, +6.94%  offered Aphria APHA, +5.99% APHA, -4.94%  shareholders 1.5714 shares of Green Growth stockRead More →

Tesla gets green light to sell Model 3 in Europe

2019-01-21

A regulator has given Tesla Inc. the green light to sell its Model 3 cars in Europe, opening up an important new market following recent layoffs to cut costs. On Monday, the Netherlands Vehicles Authority, which has regulatory authority on behalf of the EU, said the Model 3 met requirementsRead More →

European markets drop as SocGen warns on Q4 revenues

2019-01-17

European indexes were in the red on Thursday, as French bank Société Générale SA announced it expected its fourth-quarter capital markets revenues to fall by around 20%. In the U.K., Prime Minister Theresa May has survived a no-confidence vote, freeing her to start cross-party discussions on finding a way forwardRead More →