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AltspaceVR is keeping its virtual hangout open

AltspaceVRmighthavejustsaveditsvirtualworldatthe11thhour,becausethecompanyishaltingitsplanstoshutdown.Accordingtoanewpostbytheteam,AltspaceVRisn'tclosingdownand

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Under US government pressure, Uber agrees to protect rider data

Ride-hailingserviceUberhasagreedtoprotectdataandaudituseofriderinformationtosettleacomplaintfromtheUSfederalgovernmentthatitdeceivedcustomers.TheFederalTradeCom

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Newspaper woes send Murdoch's News Corp into red

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News Corp revenue misses on weak demand for print advertising

News Corp on Thursday reported fourth-quarter revenue that missed estimates as the owner of the Wall Street Journal grapples with a declining demand for advertising in the print industry.

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Apple on track to become first trillion dollar company

‍AppleInc.isontracktobecomethefirsttrillion-dollarcompanyontheglobalstockmarket,accordingtoRBCCapital.AnalystsfromtheinvestmentbankreleasedtheirpredictionsonTue

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Chinese bike-sharing company ofo enters Japan, with challenges

Chinesebike-sharingcompanyofoandJapanesetelecomsfirmSoftBankannouncedonWednesdaythattheywillcollaboratetobringofo’sdock-lessbikerentalservicetoJapan.Accordingto

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Disney to pull movies from Netflix, plans own streaming service

Walt Disney Co (DIS.N) will stop providing new movies to Netflix Inc (NFLX.O) starting in 2019 and launch its own streaming service as the world's biggest entertainment company tries to capture digital viewers who are dumping traditional television.

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Disney to pull movies from Netflix, plans own streaming service

WaltDisneyCo(DIS.N)willstopprovidingnewmoviestoNetflixInc(NFLX.O)startingin2019andlaunchitsownstreamingserviceastheworld'sbiggestentertainmentcompanytriestocapt

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MidEast ride-hailing firm Careem partners with China's Didi Chuxing

Chineseride-sharingfirmDidiChuxinghasinvestedinMiddleEastride-hailingfirmCareemaspartofanewpartnershipagreementbetweenthetwocompanies.DidiisinvestinginCareemtos

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Tesla seeks $1.5 bln junk bonds issue to fund Model 3 production

Tesla said on Monday it would raise about 1.5 billion US dollars through its first-ever high-yield junk bond offering, as the US luxury electric car maker seeks fresh sources of cash to ramp up production of its new Model 3 sedan.

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China's General Nuclear Power Corp starts building British wind farm

AChineseState-ownednucleargrouphasstartedconstructiononthemultimillion-dollarBrenigonshorewindfarmintheUnitedKingdom.TherenewableenergyoperationofChinaGeneralNu

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CGN starts building British wind farm

AChineseState-ownednucleargrouphasstartedconstructiononthemultimillion-dollarBrenigonshorewindfarmintheUnitedKingdom.TherenewableenergyoperationofChinaGeneralNu

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Facebook monitors fake news by conducting fact-checking

Facebookhasbeencriticizedforbeingoneofthemaindistributionpointsforso-calledfakenews.Now,thecompanyhasstartedtostepupitseffortstofightmisleadinginformation.Theso

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BMW profit rises more than expected on new 5-Series sedan

GermanluxuryautomakerBMWsaysnetprofitrose14percentinthesecondquarterasearningswereboostedbythenewversionofthe5-Seriessedan.Profitroseto2.21billioneuros($2.60bil

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Daimler finance arm expects record year after first-half gains

Daimler'sfinancearmsaiditwasheadingforanotherrecordyearaftersigningnearlyonemillionnewleasingandfinancecontractsbetweenJanuaryandJune.DaimlerFinancialServices,w

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Beatles' holding company wins lawsuit over Shea Stadium concert footage

TheBeatles'holdingcompanyhasemergedvictoriousinalawsuitlaunchedlastyearbyacompanyfoundedbySidBernstein,thelatepromoteroftheband'sfamousAugust1965concertatSheaSt

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Lyft's quarterly gross bookings exceed $1 billion,surpasses Uber

Lyftisgaininggroundonarch-rivalUber—althoughthere'sstilllotsofdistancebetweenthetwoapp-basedtaxicompanies.Grossbookingsatthecompany,knownforthepinkmustachesdriv