Sales of smartphones in China declined 4 percent in the quarter, the first year-over-year fall, the company said. “China has reached saturation — its phone market is essentially driven by replacement, with fewer first-time buyers,” said Anshul Gupta, research director at Gartner. Gartner also said worldwide smartphone sales grew at the slowest pace since 2013.
By Curtis Skinner SAN FRANCISCO (Reuters) – California prosecutors have broadened their civil lawsuit against popular online ride-sharing service Uber, alleging that its background checks missed people previously convicted of murder and sex crimes, court records show. The district attorneys of San Francisco and Los Angeles filed an amended complaint against Uber Technologies Inc on Tuesday, which said “systemic failures in Uber’s background check process” came to light after their
By Josephine Mason and Alastair Sharp TORONTO (Reuters) – Love lives and reputations may be at risk after the release of customer data from infidelity website Ashley Madison, an unprecedented breach of privacy likely to rattle users’ attitudes towards the Internet. Hackers dumped a big cache of data containing millions of email addresses for U.S. government officials, UK civil servants and high-level executives at European and North America corporations late
I, Wonder Woman, pronounce you married. The Amazon warrior and DC Comics superhero officiates her first same-sex wedding, of two women, in Sensation Comics Featuring Wonder Woman,…
(Reuters) – ZocDoc, which helps users book doctor appointments online, said on Thursday it raised $130 million in funding, valuing the U.S. digital healthcare company at $1.8 billion. The funding was led by Baillie Gifford and Atomico, with participation from existing investor Founders Fund. The proceeds would be used to develop products and expand beyond its scheduling capability, the company said. (http://bit.ly/1J6Tspr) ZocDoc, founded in 2007, is used by millions
U.S. digital health startup Grand Rounds, which connects patients with medical experts mainly for a second opinion, said it had raised $55 million in new capital. Grand Rounds’ app and website connect patients in more than 120 countries with doctors, surgeons and other specialists in over 110 U.S. institutions. The company, whose customers include Comcast Corp, Costco Wholesale Corp and Evernote, said on Thursday it would use the funds to
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Donald Trump sells himself as a bold empire builder, the kind of businessman who could force through big changes in Washington as president. Yet for all his bravado — “I’ve done an amazing job,” …
Wall Street fell sharply for the fourth straight day on Thursday after the Federal Reserve highlighted global growth concerns.
The Fed’s July minutes might have tweaked expectations for a rate hike but, as they are digested, some argue the Fed is still on track for September.
