Nearly two years after an Uber Technologies Inc. vehicle struck and killed a pedestrian in Arizona, the riding-hailing giant has once again obtained a permit to test autonomous vehicles in California. The 2018 accident, which was first blamed on the pedestrian, revealed that Uber’s technology, at least at the time, was deficient and hadn’t been ...

Serious supply chain issues could be ahead for major technology companies. Hon Hai Precision Industry Co. Ltd., better known as Foxconn, today was forced to halt almost all production in its mainland Chinese factories until Feb. 10, a ban that, if extended, will disrupt supplies for dozens of companies. Foxconn is the world’s largest provider of manufacturing services, ...

Shares in Snap Inc. plunged in after-hours trading today after the company missed analysts’ predictions on revenue in its quarterly earnings report. For the quarter ended Dec. 31, Snap reported revenue of $561 million versus the $563 million expected by analysts. The lower-than-expected figure was also reflected in average revenue per user, which came in ...

Instagram continues to go from strength to strength for parent company Facebook Inc. as a report today said the photo-sharing app brought in $20 billion in advertising revenue in 2019 — more than a quarter of Facebook’s overall revenue for the year. The claim comes via people familiar with the matter reported by Bloomberg, which ...

The Democratic Party primary in Iowa is making headlines for all the wrong reasons after an app designed to tally delegates failed, delaying results for the first primary of the 2020 Presidential primary season by nearly 24 hours. The app in question, called “Iowa Reporting App,” was designed by a company called Shadow Inc., a firm ...

Business-to-business gift sending platform provider Sendoso today said it has raised $40 million in new funding for continued product innovation, market expansion and new hiring. The Series B round was led by Oak HC/FT and included Craft Ventures, Signia Venture Partners, Storm Ventures, Struck Capital, Stage 2 Capital, Felicis Ventures and Prologis. As part of the deal, Oak ...

Project management startup Asana Inc. is finally set to go public. The company late today filed its S-1 paperwork confidentially with the U.S. Securities and Exchange Commission, But in a sign of the times, it’s taking the direct listing route rather than a traditional initial public offering. A direct listing is a way for companies to become ...

A California man who hacked into the servers of Nintendo Co. Ltd. and stole proprietary information Friday pleaded guilty to federal crimes related to hacking as well as possession of child pornography. Ryan S. Hernandez, 21, was arrested in June in relation to the crimes but only after hacking into Nintendo for a second time ...

Five years after the infamous hack of extramarital affairs hookup site Ashley Madison, the 32 million affected users of the site at the time are once again being targeted in a fresh wave of extortion scams. The new “sextortion” attacks were detected and publicized Friday by Vade Secure threat analyst Damien Alexandre. They involve targets receiving emails threatening to ...

Australian transport company Toll Group has suffered a “security incident” that made customers unable to send, receive or track their shipments. The company, with operations across the globe, including mainland China, offers transportation and logistics services. Its delivery service is seemingly the hardest-hit. “As a precautionary measure, in response to a cybersecurity incident on Friday, Toll deliberately ...