Following record results that flagged the growth of its cyber security business, Deloitte LLP has revealed that it has been successfully targeted by a cyberattack that let hackers access data from an internal email platform, according to Bloomberg.
Uber is prepared to make concessions to restore its revoked London taxi license, the Sunday Times reported, two days after the ride service said it would fight the suspension in court, according to Bloomberg.
DJI believes existing technology and local communication protocols can provide a robust system for managing and monitoring drone traffic, without requiring new equipment or a massive new database of all drone flights.
Ubisoft, the French video-game company that’s racked up the fifth-best performance among Stoxx 600 members this year, has a plan to keep revenue and profit growing if it can maintain its independence from French media giant Vivendi, according to Bloomberg.
Facebook, under fire over Russia’s use of its social network to spread pre-election discord in the U.S. last year, pledged a sweeping overhaul of political advertising and said it will give Congress all the evidence it has on the campaigns, according to Bloomberg.
Uber was struck with a stunning rebuke in London, where regulators revoked its license to operate and chastised its corporate culture, adding to the expansive list of controversies facing the beleaguered ride-hailing company, according to Bloomberg.
Hewlett Packard Enterprise is planning to cut about 10 percent of its staff, or at least 5,000 workers, according to Bloomberg, citing people familiar with the matter. It is a part of a broader effort to pare expenses as competition mounts.
Google and Facebook will continue to dominate the digital advertising landscape in the UK for at least the next several years, according to eMarketer’s latest forecast. The two tech companies combined will reap more than half (54%) of all UK digital ad revenues this year, totaling £6.30 billion.
Uber is taking advertising agency Fetch Media to court for click fraud, alleging that the firm improperly billed Uber for “fake” online ads and took credit for app downloads it had nothing to do with, according to Bloomberg.
Google agreed to buy part of HTC’s engineering and design teams for $1.1 billion, taking on a cadre of veterans that worked on the Pixel phone and could bolster its nascent hardware business, according to Bloomberg.
The European Commission outlined different options for taxing digital companies as the bloc seeks to raise money from an industry that it says provides less than it should to public coffers, according to Bloomberg.
Bitcoin is looking increasingly likely to splinter off again in November, creating a third version of the world’s largest cryptocurrency as miners and developers pursue separate visions to scale its rapidly growing marketplace, according to Bloomberg.
Microsoft announced that its board of directors declared a quarterly dividend of $0.42 per share, reflecting a 3 cent or 7.6 percent increase over the previous quarter’s dividend. It is payable Dec. 14 to shareholders of record on Nov. 16.
Toshiba’s board agreed to sell its flash memory chip unit to a group led by Bain Capital for 2 trillion yen ($18 billion), taking an important step toward ending a contentious bidding process that has stretched over eight months, according to Bloomberg.
Snap, owner of Snapchat, removed Qatar-based news service Al Jazeera from its platform in Saudi Arabia amid an ongoing feud between the gulf states, according to Bloomberg. Snap complies with the local laws in the countries where it operates, a spokeswoman for the company said.
Asia’s largest battery manufacturer – China-based Camel Group Ltd., has entered into a Subscription Agreement with Rimac Automobili, Greyp Bikes and their founder and CEO Mate Rimac concluding the single largest foreign direct investment in a Croatian technology company, according to statement from Rimac Automobili.
Slack closed a $250 million funding round led by SoftBank Group Corp.’s Vision Fund, giving it more ammunition for expansion in an increasingly competitive market for workplace messaging services, according to Bloomberg.
Cisco CEO Chuck Robbins will add the executive chairman role to his title, solidifying his position as he tries to remake the business that John Chambers built into one of the largest companies in the technology industry, according to Bloomberg.
Bitcoin has breached $4,000, soaring more than 20 percent from the lows reached Friday, as concern eases that a crackdown by Chinese regulators will hinder the growth of the alternative method of exchange, according to Bloomberg.
In the digital economy, co-operation and innovation are key foundations for a successful business. To successfully manage today's business challenges and build a successful business in the future, SAP believes in collaboration between established companies that are in the process of digital transformation and small, innovative and fast-moving companies start-up’s full new ideas.
Alphabet has held conversations with Lyft about a potential investment in recent weeks, signalling strong support for Uber’s main U.S. competitor, according to Bloomberg, citing people familiar with the matter.
Toshiba is aiming to finalize a deal to sell its memory chips business to a group led by Bain Capital at a Sept. 20 board meeting, despite opposition from partner Western Digital, according to Bloomberg, citing people familiar with the matter.
After vowing to avoid a repeat of the blistering iPhone price war of last year, AT&T will fire the first shot offering a free iPhone with the purchase of another, for customers who also subscribe to its DirecTV satellite service, according to Bloomberg.
Rupert Murdoch faces months of fresh scrutiny over how he runs his media empire as U.K. authorities embark on a wider probe of 21st Century Fox’s 11.7 billion-pound pursuit of pay-TV company Sky, according to Bloomberg.