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Apple's stock suffers worst week since 2013
Fri, 29 Apr 2016 16:15:52 -0400
SAN FRANCISCO (Reuters) - Apple Inc on Friday ended its worst week on the stock market since 2013 as worries festered about a slowdown in iPhone sales and after influential shareholder Carl Icahn revealed he sold his entire stake.

BRUSSELS - Google is likely to face its first European Union antitrust sanction this year, with little prospect of it settling a test case with the bloc's regulator over its shopping service, people familiar with the matter said.

(Reuters) - Amazon.com Inc's shares jumped in early trading on Friday, a day after the company reported profit and revenue that swept away analysts' estimates along with doubts about the online retailer's investment spree.

(Reuters) - Yahoo Inc has shortlisted close to 10 bidders in the auction for its core Internet assets, including Verizon Communications Inc, with most offers involving cash rather than a combination with another company, according to people familiar with the matter.

DETROIT (Reuters) - Google and Fiat Chrysler Automobiles NV are close to agreeing on a partnership that could break boundaries between Silicon Valley and the auto industry in the race to develop self-driving cars, people familiar with the discussions said on Friday.

IBM launches new cloud services for blockchain
Fri, 29 Apr 2016 09:32:37 -0400
NEW YORK (Reuters) - IBM on Friday announced new services to help companies design and develop blockchain technology in a secure environment in the cloud, a network of computers where users are increasingly storing their data and computing work.

NEW DELHI (Reuters) - A flurry of complaints from Uber drivers about an unusually high number of canceled bookings was the spark that ignited a bitter legal fight with Ola, Uber's rival for dominance of India's $12 billion taxi market, according to court documents and a source with direct knowledge of Uber's case.

WASHINGTON (Reuters) - The Supreme Court on Thursday approved a rule change that would let U.S. judges issue search warrants for access to computers located in any jurisdiction despite opposition from civil liberties groups who say it will greatly expand the FBI's hacking authority.

Rovi to buy DVR maker TiVo for $1.1 billion
Fri, 29 Apr 2016 13:27:38 -0400
NEW YORK (Reuters) - Rovi Corp, a provider of digital television guides, said on Friday it would buy video recorder pioneer TiVo Inc in a $1.1 billion deal that brings together two video software players with deep patent portfolios.

JAKARTA (Reuters) - Indonesian online ride-hailing service Go-Jek is in talks with potential investors to raise fresh funds to expand the business, as the heavy subsidies it gives to drivers to keep rates competitive are unsustainable in the long run, its chief executive said on Friday.

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FINANCE NEWS
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