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Nvidia shares set record as Volta chips ensure future growth

(Reuters) – Shares of Nvidia Corp hit a record on Friday, after it posted stellar quarterly results powered by higher demand for graphics chips used in gaming and data centers, and the rapid adoption of its new Volta chips for AI and driverless cars. Source
Posted On 10 Nov 2017

Disney shares rise as focus turns to streaming commitment

(Reuters) – Walt Disney’s shares rose 3 percent on Friday, as Wall Street shrugged off poor financial results and focused instead on the media giant’s commitment to build a service that will compete aggressively with video streaming pioneer Netflix. Source
Posted On 10 Nov 2017

Uber loses UK appeal bid to overturn workers’ rights decision

LONDON (Reuters) – Taxi app Uber [UBER.UL] lost a bid on Friday to overturn a decision by a tribunal which had said its drivers deserved workers’ rights such as the minimum wage, in a blow to the company as it also battles to keep its license in London. Source
Posted On 10 Nov 2017

Amazon seeks staff in European insurance push

LONDON (Reuters) – Amazon.com Inc is expanding its nascent European product insurance business, according to recent job adverts, which industry watchers say could signal the start of broader ambitions in insurance. Source
Posted On 10 Nov 2017

China’s 24-hour online shopping binge tops $1.5 billion in first three minutes

SHANGHAI (Reuters) – Chinese e-commerce giant Alibaba said sales topped 10 billion yuan ($1.51 billion) in just over three minutes from the opening of Singles’ Day, an annual online discount sales gala that has become the world’s biggest shopping spree. Source
Posted On 10 Nov 2017

Equifax warns on post-breach costs, revenue hit

(Reuters) – Equifax Inc on Friday issued a fourth-quarter profit outlook that fell short of Wall Street expectations, saying the massive breach of its consumer data earlier this year would hurt sales and result in costs of $60 million to $75 million during the period. Source
Posted On 10 Nov 2017

Exclusive: Rupert Murdoch twice discussed CNN with AT&T CEO – sources

NEW YORK (Reuters) – Rupert Murdoch telephoned AT&T Inc Chief Executive Randall Stephenson twice in the last six months and talked about cable network CNN, sources briefed on the matter told Reuters on Friday. Source
Posted On 10 Nov 2017

Bitcoin slides by over $1,000 in less than 48 hours

LONDON (Reuters) – Bitcoin dropped below $7,000 on Friday to trade more than $1,000 down from an all-time high hit on Wednesday, as some traders dumped it for a clone called Bitcoin Cash, sending its value up around a third. Source
Posted On 10 Nov 2017

Trump’s CNN attacks may hobble legal case to block AT&T-Time Warner deal

WASHINGTON/NEW YORK (Reuters) – President Donald Trump’s broadsides against cable network CNN may complicate the U.S. government’s legal case if it decides to block AT&T’s deal to buy media company Time Warner, according to legal experts. Source
Posted On 10 Nov 2017

China’s deliverymen face robot revolution as parcel demand soars

SHANGHAI/BEIJING (Reuters) – At Beijing’s sprawling Renmin University of China, two shiny new couriers dart through throngs of students to deliver parcels throughout the day. Source
Posted On 10 Nov 2017