Softbank SoftBank to Invest $1 Billion in Payments Firm WirecardThe Wall Street Journal. - Paul J. DaviesGerman payments company Wirecard received a $1 billion investment pledge from Japanese technology giant SoftBank, a vote of confidence in a company struggling to get past accounting issues in its Asian
AT&T AT&T's Pay-TV Customers Continue to FleeThe Wall Street Journal. - Kimberly ChinAT&T Inc.’s pay-television business lost more than 620,000 customers in the first quarter, while acquisition costs from the WarnerMedia business weighed on its bottom line. The company reported a net of
Technology Uber Picks Citadel Securities to Handle Its IPOThe Wall Street Journal. - Alexander OsipovichUber Technologies Inc. has chosen electronic-trading giant Citadel Securities LLC to manage its hotly anticipated initial public offering on the New York Stock Exchange, people familiar with the matter
Huawei U.K. to Allow Huawei Gear for 5G Network, Despite U.S. WarningsThe Wall Street Journal. - Max Colchester, Dan StrumpfThe U.K. government has agreed to allow Huawei Technologies Co. to build part of the country’s 5G telecoms system—despite U.S. pressure on allies to exclude the Chinese telecoms giant—but it will only
Facebook Facebook Earnings: What to WatchThe Wall Street Journal. - Jeff HorwitzFacebook Inc. is scheduled to report first-quarter results after the market closes Wednesday. Here are the key points to watch: REVENUE FORECAST: Facebook is expected to post revenue just under $15 billion,
Technology Macron, Ardern Seek Pledge to Purge Extremism From Social MediaThe Wall Street Journal. - Robb M. StewartThe leaders of New Zealand and France plan to host a meeting of global leaders and tech executives in an effort to stamp out the transmission of violent extremism on social-media sites. Meetings over days
Technology Sonder Poised to Become Airbnb's Billion-Dollar CompetitorThe Wall Street Journal. - Katie RoofAirbnb Inc. has made strides against travel-industry incumbents, but is now facing its own competition from an emerging group of startups. One of them is Sonder Corp., an operator of a rentals marketplace
Technology Twitter Shares Climb 16% on Stout EarningsThe Wall Street Journal. - Georgia WellsTwitter Inc. posted strong financial results on Tuesday, showing strength in the online-advertising market and signaling that social media isn’t a winner-take-all industry. Shares in the social-networking
EBay EBay Lifts Guidance as Revenue, Number of Buyers RiseThe Wall Street Journal. - Patrick ThomasEBay Inc. raised its revenue and profit outlook after posting stronger-than-expected results in its first quarter, sending shares up 5% in after-hours trading Tuesday. The online marketplace said first-quarter
Technology Google Wins First FAA Approval for Regular Drone Delivery of Consumer ItemsThe Wall Street Journal. - Andy PasztorAlphabet Inc.’s Wing Aviation unit has received the first U.S. authorization to operate a fleet of unmanned aircraft for consumer-goods deliveries, a move that could jump-start various companies’ commercial
Softbank SoftBank Founder Lost $130 Million on BitcoinThe Wall Street Journal. - Rachael Levy, Liz HoffmanMasayoshi Son, the billionaire founder of SoftBank Group Corp., made a huge personal bet on bitcoin just as prices for the digital currency peaked, losing more than $130 million when he sold out, according
Verizon Verizon Loses Wireless CustomersThe Wall Street Journal. - Sarah KrouseVerizon Communications Inc.’s core wireless business lost lucrative phone customers in the first quarter, as it offered fewer promotions and focused on upgrading to a faster 5G network. The carrier said
Technology More Women Are Making It to the CIO LevelThe Wall Street Journal. - Sara Castellanos, Angus LotenThe percentage of women among top technology executives has risen slightly over the past year, but broad cultural change is needed to keep the momentum going, according to organizational consulting firm
Technology Snapchat's Picture Looks Crisp for NowThe Wall Street Journal. - Laura FormanSnap Inc. delivered a good-looking first quarter from top to bottom on Tuesday. But what happens once the shiny new filters wear off? The Snapchat parent’s revenue for the first quarter totaled $320 million,
Evan Spiegel Snap Reports Rising User Base, Revenue GrowthThe Wall Street Journal. - Georgia WellsSnap Inc. reported rising daily users and accelerated revenue growth on Tuesday, signs that a tumultuous redesign of the company’s core app last year and its strong following among young people are translating
Technology Julia Angwin Ousted as Editor in Chief of Tech News Website She Helped FoundThe Wall Street Journal. - Suzanne VranicaThe editor in chief and co-founder of the Markup, a new tech-oriented investigation website, said she was forced out following a clash with the executive director, sparking the departure of the majority
Technology A Silicon Valley Apostate Launches 'An Inconvenient Truth' for TechThe Wall Street Journal. - Betsy MorrisTristan Harris emerged as the conscience of Silicon Valley two years ago, when his presentations about tech addiction prompted the industry’s giants to change the way they design products and grapple seriously
Technology Redesigned Rollerblades Worth Lacing UpThe Wall Street Journal. - Jesse WillLIKE MANY MID-90S suburban kids, I spent a bizarre percentage of my time on Rollerblades—well, in-line skates, if you’d prefer not to use the proprietary eponym. Some days the blades didn’t come off until
Technology The Speediest New Train RoutesThe Wall Street Journal. - Adam H. GrahamLast April, Eurostar launched a new direct high-speed service from London’s St. Pancras station to Amsterdam taking only three hours, and 41 minutes with speeds up to 186 mph. eurostar.com The FrecciaRossa
Technology Americans Are Sitting More. We Have Computers to Blame.The Wall Street Journal. - Brianna AbbottAmericans are sitting more than ever, and the habit starts young, according to a large study that found computer use in particular has contributed to a more sedentary lifestyle over the past two decades.
U.S. Politics China Exploits Fleet of U.S. Satellites to Strengthen Police and Military PowerThe Wall Street Journal. - Brian Spegele, Kate O’KeeffeOrbiting 22,000 miles above Earth, a fleet of American-built satellites is serving the Chinese government in ways that challenge the U.S. Nine of these satellites have been part of efforts to connect soldiers
Tesla Why Buy Tesla When You Can Buy a Tesla?The Wall Street Journal. - Charley GrantTesla is one of the most popular stocks for retail investors. If Elon Musk is to be believed, they should consider buying up the company’s cars instead. The CEO declared at Tesla’s investor day Monday
Cloud Gaming A Slow Rise for Cloud GamingThe Wall Street Journal. - Dan GallagherAs the videogame industry moves to its next major upgrade, it will have to reckon with a rather inconvenient truth: Old habits die hard. Microsoft recently announced a new version of its Xbox One console
Technology It's Grandparents vs. Parents in the Battle Over Kids' ScreensThe Wall Street Journal. - Julie JargonGrandparents have long indulged their grandchildren with sweets, toys and late bedtimes, often to the dismay of the parents stuck in the middle. But concerns about screen time and cellphone usage are a
Technology Credit Cards Boost Spending on Social-Media AdsThe Wall Street Journal. - AnnaMaria AndriotisCredit-card pitches are moving from the mailbox to the social-media feed. Several big card issuers recently increased spending on Facebook ads in an effort to attract new borrowers. Capital One Financial
Tesla Tesla's Elon Musk Promises Robot Taxis by Next YearThe Wall Street Journal. - Tim HigginsTesla Inc. Chief Executive Elon Musk made his case for an on-demand robot taxi fleet that he promised would begin next year, an ambitious bet that would thrust the auto maker into the cutthroat business
Elizabeth Holmes Elizabeth Holmes Gets Delay in Trial-Date DecisionThe Wall Street Journal. - Rob CopelandSAN JOSE, California—Lawyers for Theranos Inc. founder Elizabeth Holmes on Monday fought off efforts by the U.S. government to set a trial date as the two sides argued over the enormity of evidence involved
Samsung Samsung's Galaxy Fold Smartphone Release DelayedThe Wall Street Journal. - Timothy W. Martin, Sarah E. NeedlemanSEOUL—Samsung Electronics Co. delayed the rollout of its Galaxy Fold because of technical problems just days ahead of its planned launch, a blow to the hardware giant and its hopes for a product it billed
Technology FANG Stocks Are Back in FavorThe Wall Street Journal. - Michael WursthornWall Street’s FANG gang is growing again. Big money managers have resumed buying shares of FANG—which stands for Facebook Inc., Amazon.com Inc., Netflix Inc. and Google parent Alphabet Inc.—and others,
