Robinhood shares dive 27.6%; filing sparks worries early investors could sell
(Reuters) -Shares of Robinhood Markets Inc tumbled on Thursday, snapping a four-day winning streak, after the newly public online brokerage said early investors may sell nearly 98 million shares.
5:12PM EDT
U.S. senators target ransomware by targeting countries that allow it
WASHINGTON (Reuters) -Two senior U.S. senators planned legislation on Thursday that would fight ransomware attacks on U.S. infrastructure by sanctioning countries the harbor cyber criminals, as well as by strengthening protections against attacks.
5:07PM EDT
Amazon delays office return until January as COVID-19 cases surge
(Reuters) -Amazon.com Inc on Thursday said it would not expect U.S. corporate employees to return to the office until next year because of the coronavirus pandemic.
4:55PM EDT
Zynga dives on bleak bookings forecast, acquisition plans
(Reuters) -Zynga's disappointing full-year bookings forecast due to a slowdown in gaming, and announcement of a potential acquisition worth over half a billion dollars dragged the mobile developer's shares 20% lower in extended trading.
4:49PM EDT
Apple to check iCloud photo uploads for child abuse images
Apple Inc on Thursday said it will implement a system that checks photos on iPhones in the United States for matches with known images of child sexual abuse before they are uploaded to its iCloud storage services.
4:13PM EDT
Deere, Bear Flag aim to automate tractors as 'fast as possible'
U.S. tractor maker Deere & Co said on Thursday it would buy agriculture tech startup Bear Flag Robotics for $250 million, with the goal of developing over the next year systems Deere can sell to allow farm tractors to operate without a human driver in the cab.
3:43PM EDT
Qualcomm tops Magna's bid with $4.6 billion offer for Veoneer
(Reuters) -Chipmaker Qualcomm Inc said on Thursday it had offered to buy Swedish auto parts maker Veoneer Inc for $4.6 billion, an 18.4% premium to a bid in July by Canada's Magna International Inc that was accepted by Veoneer's board.
2:19PM EDT
Booking revenue triples on travel demand boost from U.S., Europe
(Corrects quote in paragraph 7 to remove reference to use of alternative accommodation more than hotels)
1:17PM EDT
Uber, Lyft take different spending routes in race to add drivers
A return to business as usual for Uber Technologies Inc and its rival Lyft Inc has thrown up a new challenge to the ride-hailing firms looking for profitability - spend more to bring back drivers to meet the rising demand for rides.
12:14PM EDT
Apple plans to scan U.S. iPhones for child abuse imagery - FT
Apple Inc is planning to install a software on U.S. iPhones that will scan for child abuse imagery, the Financial Times reported on Thursday, citing people familiar with the matter.
11:24AM EDT
'Safe haven' decision result of HK 'oppression': WH
U.S. President Joe Biden's decision to offer temporary "safe haven" to Hong Kong residents in the United States was in reaction to China's moves to "crack down" on human rights, White House press secretary Jen Psaki said on Thursday.
Bipartisan U.S. infrastructure bill does not pay for itself- review
WASHINGTON (Reuters) -The U.S. Senate's $1 trillion bipartisan infrastructure bill does not pay for itself and would increase federal budget deficits by $256 billion over 10 years, the nonpartisan Congressional Budget Office said on Thursday.
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