By Joseph Menn SAN FRANCISCO (Reuters) – Microsoft Corp’s failure to fix known problems with its cloud software facilitated the massive SolarWinds hack that compromised at least nine federal government agencies, according to...
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Salesforce full-year profit forecast disappoints, shares drop
(Reuters) – Salesforce.com Inc on Thursday forecast full-year profit that was below market expectations, sending the shares of the online software company down 3.9% in extended trading. The company’s latest and biggest...
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Boeing, hit with $6.6 million FAA fine, faces much bigger 787 repair bill – sources
By Eric M. Johnson and David Shepardson SEATTLE/WASHINGTON (Reuters) – Boeing Co will pay $6.6 million to U.S. regulators as part of a settlement over quality and safety-oversight lapses going back years, a setback that comes as...
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Dell beats revenue estimates on buoyant demand for desktops, notebooks
(Reuters) – Dell Technologies Inc beat Wall Street estimates for holiday-quarter revenue on Thursday, helped by demand for its desktops and notebooks as most offices continued to work remotely during the COVID-19 health crisis....
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Airbnb bookings rebound as lockdown-weary Americans step out for short trips
(Reuters) – Airbnb Inc reported better-than-expected gross bookings on Thursday in its first quarterly earnings report since going public, indicating a strong rebound in demand for vacation rentals in North America as COVID-19...
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ByteDance agrees to $92 million privacy settlement with U.S. TikTok users
By David Shepardson and Echo Wang WASHINGTON (Reuters) – ByteDance has agreed to a $92 million class-action settlement to settle data privacy claims from some U.S. TikTok users, according to documents filed Thursday in U.S. District...
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