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Austrian data privacy activist files complaint against Apple, Amazon, others

24 hours ago DieselGasoil Comments Off on Austrian data privacy activist files complaint against Apple, Amazon, others
VIENNA (Reuters) – Apple (AAPL.O) and Amazon (AMZN.O) are among eight tech firms named in a complaint filed in Austria by non-profit organization noyb, which cited their failure to comply with the European Union’s General Data Protection Regulation (GDPR). FILE PHOTO: Austrian lawyer and privacy activist Max Schrems checks his mobile phone in his office Read More

ProSieben sees pressure easing as Netflix raises prices

2 days ago DieselGasoil Comments Off on ProSieben sees pressure easing as Netflix raises prices
MUNICH (Reuters) – ProSiebenSat.1 Media believes that price increases by U.S. streaming giant Netflix could ease competitive pressures on the German group’s core TV business and is bullish on growth at its e-commerce arm, CEO Max Conze said. FILE PHOTO – The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. Read More

Sorrell's S4 Capital seeks more deals in digital-only drive

2 days ago DieselGasoil Comments Off on Sorrell's S4 Capital seeks more deals in digital-only drive
MUNICH (Reuters) – Martin Sorrell is on the lookout for acquisitions to expand his new advertising venture S4 Capital, aiming to capitalize on the disruption sweeping the industry by pursuing a pure-play digital strategy. FILE PHOTO: Sir Martin Sorrell attends a conference at the Cannes Lions International Festival of Creativity, in Cannes, France, June 22, Read More

Wall Street extends rally on U.S.-China trade optimism

4 days ago DieselGasoil Comments Off on Wall Street extends rally on U.S.-China trade optimism
NEW YORK (Reuters) – U.S. stocks rallied on Friday, helping Wall Street’s major indexes advance for the fourth consecutive week, as increased hopes the United States and China would resolve their trade dispute lifted shares across sectors. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., Read More

Netflix shares fall as weak forecast dampens investor optimism

4 days ago DieselGasoil Comments Off on Netflix shares fall as weak forecast dampens investor optimism
(Reuters) – Shares of Netflix Inc fell nearly 5 percent on Friday, as investors looked past its record subscriber numbers and instead focused on its lower-than-expected revenue forecast for the first quarter. The video streaming pioneer’s shortfall in revenue expectations disappointed investors looking for a bigger payoff from the company’s recent decision to raise prices Read More

Wall Street rally builds on trade optimism

4 days ago DieselGasoil Comments Off on Wall Street rally builds on trade optimism
(Reuters) – Technology and industrial stocks powered Wall Street’s rise on Friday, setting the three main indexes on track for their fourth week of gains, amid growing optimism that the United States and China would resolve their bitter trade dispute. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in Read More

Industrials power Wall Street higher on trade optimism

4 days ago DieselGasoil Comments Off on Industrials power Wall Street higher on trade optimism
(Reuters) – Gains in technology and industrial stocks put Wall Street on track for their fourth week of gains on Friday, amid growing optimism that the United States and China would resolve their bitter trade dispute. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January Read More

Netflix shares slip as weak forecast dampens investor optimism

4 days ago DieselGasoil Comments Off on Netflix shares slip as weak forecast dampens investor optimism
(Reuters) – Shares of Netflix Inc fell more than 2 percent on Friday, as several investors looked past its record subscriber numbers and instead focused on its lower-than-expected revenue forecast for the first quarter. FILE PHOTO: The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. July 16, 2018. REUTERS/Lucy Nicholson/File Read More

Stock futures rise as trade hopes help sentiment

4 days ago DieselGasoil Comments Off on Stock futures rise as trade hopes help sentiment
(Reuters) – U.S. stock futures rose for the fifth straight day on Friday, building on hopes that a bitter trade war between the United States and China would be resolved. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 10, 2019. REUTERS/Brendan McDermid Wall Street Read More

Netflix forecast misses Wall Street view, shares dip

4 days ago DieselGasoil Comments Off on Netflix forecast misses Wall Street view, shares dip
(Reuters) – Netflix Inc (NFLX.O) reported revenue and a first-quarter forecast slightly below Wall Street estimates on Thursday, sending shares of the world’s largest streaming service down 4 percent in after-hours trading. FILE PHOTO: The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. July 16, 2018. REUTERS/Lucy Nicholson The company Read More