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Wednesday, February 28, 2018

Spotify plans to list shares, fend off Apple and Amazon

(Reuters) - Music streaming service Spotify on Wednesday filed for a direct listing of its shares, laying out financial data for the first time that cheered some analysts but led others to question how it could turn a profit from its growing subscriber base.


from Reuters: Technology News http://ift.tt/2F28aBe

Facebook's Sandberg uses investor meeting to urge gender equality

SAN FRANCISCO (Reuters) - Facebook Inc Chief Operating Officer Sheryl Sandberg brought her message about workplace gender equality to a typically male domain on Wednesday, urging attendees at an investor conference to improve mentoring of junior female colleagues.


from Reuters: Technology News http://ift.tt/2oJaLJE

Spotify files for direct listing on New York Stock Exchange

(Reuters) - Music streaming service Spotify on Wednesday filed for a direct listing of its shares, taking an unusual path to the U.S. public markets for a large company.


from Reuters: Technology News http://ift.tt/2t760i6

Facebook CFO says news feed changes will not have profound impact on ads

SAN FRANCISCO (Reuters) - The changes that Facebook Inc is making to its centerpiece News Feed to emphasize friends and family will not have a large impact on the social network's ad business, Chief Financial Officer David Wehner said on Wednesday.


from Reuters: Technology News http://ift.tt/2oFE9QD

Facebook says finds no new evidence Russia interfered in Brexit referendum

(Reuters) - Facebook Inc has told a British parliamentary committee that further investigations have found no new evidence that Russia used social media to interfere in the June 2016 referendum in which Britain voted to leave the European Union.


from Reuters: Technology News http://ift.tt/2oFegR0

Spotify files for direct listing of up to $1 billion

(Reuters) - Music streaming service Spotify on Wednesday became the first major company to file for a direct listing of up to $1 billion with the U.S. Securities and Exchange Commission.


from Reuters: Technology News http://ift.tt/2FC53Rz

Spotify files for IPO of up to $1 billion

(Reuters) - Music streaming service Spotify on Wednesday filed for an initial public offering of up to $1 billion with the U.S. Securities and Exchange Commission.


from Reuters: Technology News http://ift.tt/2otVZHm

Marshall Islands to issue own sovereign cryptocurrency

NEW YORK (Reuters) - The Marshall Islands will issue its own cryptocurrency that will be circulated as legal tender along with the U.S. dollar, according to one of the remote Pacific republic's top officials.


from Reuters: Technology News http://ift.tt/2CNS0cR

Google's shopping rivals call for action from EU antitrust watchdog

BRUSSELS (Reuters) - Google competitors have called for further action by European Union antitrust regulators to ensure the Alphabet-owned firm treats rivals offering shopping services equally.


from Reuters: Technology News http://ift.tt/2t4nlIE

Google launches Slack competitor Hangouts Chat

SAN FRANCISCO (Reuters) - Google released an update to its internet chat tool Hangouts on Wednesday, aiming to make it suitable in workplaces so the Alphabet Inc unit can compete with business software makers including Microsoft Corp and Slack Technologies Inc.


from Reuters: Technology News http://ift.tt/2F0Avfn

Indian mobile carrier Aircel files for bankruptcy

MUMBAI (Reuters) - Indian mobile carrier Aircel Ltd filed for bankruptcy on Wednesday, pressured by a high debt pile and mounting losses following a price war triggered by a telecom upstart.


from Reuters: Technology News http://ift.tt/2FDTSYx

Facebook's EU regulator says WhatsApp yet to resolve data sharing issue

DUBLIN (Reuters) - WhatsApp has still not brought forward proposals to address EU regulators' concerns over the messaging service's sharing of user data with parent company Facebook, Facebook's European regulator said on Wednesday.


from Reuters: Technology News http://ift.tt/2oEJaJz

India's Bharti Airtel wants to get out of towers, committed to Africa

BARCELONA (Reuters) - India's Bharti Airtel is exploring merger and sale options for its mobile towers businesses as Chairman Sunil Bharti Mittal seeks to get out of the infrastructure game and focus on connectivity.


from Reuters: Technology News http://ift.tt/2FDCByX