Tuesday, 7 May 2019

Google debuts privacy controls, principles at I/O event

Reuters.com Newsletter

Google debuts privacy controls, principles at I/O event

Alphabet Inc's Google business on Tuesday announced new privacy controls for its services, including "Incognito mode" for Google Maps, and published new privacy commitments for its hardware, showing how increased public scrutiny is forcing greater transparency in Silicon Valley.

Seeking to avert higher tariffs, China dispatches top negotiator to U.S.

Chinese Vice Premier Liu He will travel to Washington for two days of trade talks this week, China said on Tuesday, setting up a last-ditch bid for a deal that would avoid a sharp increase in tariffs on Chinese goods ordered by U.S. President Donald Trump.

Wall Street slides as U.S.-China trade fears rise

U.S. stocks slid on Tuesday as escalating trade tensions between the United States and China triggered global growth fears and drove investors away from riskier assets.

Google launches $399 Pixel phone, more U.S. carriers will sell it

Alphabet Inc's Google launched more affordable versions of its Pixel smartphone on Tuesday at about half the price of its current models, and dropped an exclusive U.S. distribution deal with Verizon Communications Inc, signaling a major shift in the tech giant's hardware strategy.

Lyft revenue tops expectations in first results as public company but growth seen slowing

Lyft Inc's quarterly revenue rose 95% and topped market expectations on Tuesday as the ride-sharing company reported its first results after going public, days before rival Uber plans its own IPO.

Match Group quarterly revenue beats on higher Tinder subscribers

Match Group beat quarterly revenue estimates on Tuesday, as it added more subscribers to its popular dating app, Tinder.

Nestle switches delivery model for some U.S. frozen foods, cuts 4,000 jobs

Nestle, the world's largest packaged food company, said it plans to abandon direct-store delivery of frozen pizza and ice cream in the United States, a move that will cut 4,000 jobs.

Sleepy equity options jolted by renewed U.S.-China trade tensions

Months of calm in U.S. stocks gave way to a surge in activity in the options market on Tuesday as investors spooked by escalating trade tensions between the United States and China boosted Wall Street's so-called fear gauge to the highest level in three months.

Facebook executive meeting with lawmakers ahead of FTC settlement

Facebook Chief Operating Officer Sheryl Sandberg was meeting with U.S. lawmakers on Capitol Hill on Tuesday ahead of an expected settlement with the Federal Trade Commission, a spokesman for Senator Jerry Moran said.

Nissan's premium brand Infiniti names new global chief

Nissan Motor Co's premium division Infiniti is expected to announce a new acting global chief for the brand, the company said, after its current head, Christian Meunier, left to lead the Jeep unit of Fiat Chrysler Automobiles.

Ford plans to take medical transport venture nationwide

Ford Motor Co plans to expand its GoRide medical transportation service to 40 cities nationwide over the next four years, moving into Ohio and Florida this year and other large states by 2020, the company said on Tuesday.

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