Lending Club, the world’s biggest website for matching borrowers who need small loans with investors, will make its public market debut on the New York Stock Exchange – the same exchange where many of the banks the startup is vying to disrupt also trade.
In an updated financial filing Monday, San Francisco-based Lending Cl ...
Yahoo’s embattled CEO Marissa Mayer is expected to lay out her strategy for reviving the Sunnyvale Internet giant and counter an unhappy investor during Tuesday’s third-quarter earnings report.
Mayer is expected to provide more information about her acquisitions strategy and cost-cutting measures, the Wall Street Journal r ...
With Apple set to reveal its fourth quarter earnings today, analysts are eager to see just how much the company has profited from record-breaking iPhone sales.
In a poll conducted by Fortune, each analyst surveyed predicted that Apple would have a record quarter. The consensus among analysts is that Apple will log $40 billion in reven ...
IBM on Monday said it is unloading its unprofitable chip-making business to Santa Clara-based Globalfoundries in an unusual deal in which IBM will pay Globalfoundries $1.5 billion over three years to acquire the business.
Through the transaction, Globalfoundries will take over IBM’s chip-making operations in East Fishkill, New Y ...
“I think the critique that Silicon Valley companies are deliberately, systematically discriminatory is incorrect.”
— Marc Andreessen, venture capitalist, addresses the tech diversity question in an interview with New York Magazine. He cites two reasons for his view: Referring to the mixture of whites from the U.S. and from ...
In a field of squat and clunky smartwatches, Apple’s timepiece easily tops the best-dressed list. But it may soon face some competition for the fashion crown.
LVMH, which owns high fashion brands such as Louis Vuitton and Givenchy, is considering joining forces with a tech company to offer a smartwatch, according to the Wall Street Jo ...
"The most challenging thing would be to combine a large fleet of Amazon Prime drones carrying packages and the Piper Clubs that just want to punch a hole in the sky on the weekend."
— Ella Atkins, associate professor Read More →
Is Advanced Micro Devices about to go belly up? That's a possibility suggested by some analysts following the Sunnyvale chipmaker's recent CEO change and lackluster quarterly financial report on Thursday, when it announced it is cutting 7 percent of its Read More →
It's unlikely that the campaign/cultural movement called Gamergate will quiet down now that the chief video game company trade group has said it has to stop.
What Gamergate is has been subject to much debate. My take — Gamergate is an unfocused Read More →
Google is set to announce third-quarter earnings this afternoon, and the keywords are ads and spending.
Analysts polled by FactSet estimate earnings of $6.54 a share on $16.6 billion in revenue, increases of 22 percent and 11.4 percent year over year. Last Read More →
Celebrity Tesla analyst Adam Jonas of Morgan Stanley thinks the electric auto maker's Model X, which is expected to begin deliveries to customers in the second quarter of next year, might be slightly delayed into the third quarter of Read More →
"If she was a teenager with a phone, she was on there."
— Major Donald Lowe, with the Louisa County Sheriff's Office, on Instagram accounts featuring photos of area girls who were only partially clothed, naked or having sex. Read More →
Cyber crooks are cutting increasingly into the bottom lines of businesses, according to a new study by Hewlett-Packard.
The average cost of a cyber attack on U.S. firms so far this year was $12.7 million, a 96 percent increase since Read More →