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Tencent-backed Qutoutiao files for U.S. IPO

(Reuters) – Chinese content aggregator Qutoutiao Inc, which is backed by technology giant Tencent Holdings Ltd, filed for an initial public offering of up...

U.S. value stocks capitalize on ‘FANG’ stumbles, with room to run

By James Thorne NEW YORK (Reuters) – The summer roller-coaster in two of the four big-cap ‘FANG’ names – Facebook Inc, Amazon.com Inc, Netflix Inc...

Indonesia’s Go-Jek close to profits in all segments, except transport: CEO

By Fanny Potkin JAKARTA (Reuters) – Go-Jek, Indonesia’s first billion-dollar startup, is “extremely close” to achieving profitability in all its segments, except transportation, its founder...

Turk Telekom, Turkey’s Vestel clinch deal after Erdogan call to snub...

ISTANBUL (Reuters) – Turkish fixed-line operator Turk Telekom said on Friday that it clinched a cooperation deal with Vestel after President Tayyip Erdogan called...

Angry Birds maker Rovio posts sharply lower quarterly profit

HELSINKI (Reuters) – Rovio Entertainment <ROVIO.HE>, the maker of the “Angry Birds” mobile game series, reported a sharply lower quarterly profit on Friday due...

Uber’s new Brazil center aims to improve safety of cash transactions

By Marcelo Rochabrun SAO PAULO (Reuters) – Ride-hailing company Uber Technologies Inc plans to open a 250 million-reais ($64-million) center in Brazil that will research...

Australian teen sparks FBI action after hacking Apple: media

SYDNEY (Reuters) – An Australian teenager has pleaded guilty to hacking into the main computer network of technology giant Apple Inc <AAPL.O>, downloading big...

Tesla sues Ontario over canceled electric vehicle rebate

By Anna Mehler Paperny TORONTO (Reuters) – Electric vehicle-maker Tesla Inc is taking the Ontario government to court over the Canadian province’s cancellation of an...

Nvidia forecasts revenue below estimates on weak crypto demand

(Reuters) – Nvidia Corp forecast third-quarter revenue below Wall Street estimates on Thursday, citing drying up demand in its cryptocurrency business, sending its shares...

Applied Materials forecast current-quarter profit, revenue below estimates

(Reuters) – Applied Materials Inc, the world’s largest supplier of equipment used to make chips, forecast current-quarter profit and revenue below estimates on Thursday,...
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