Business

Uber posts 4Q profit as ride-hailing service bounces back

Uber's ride-hailing service edged closer to returning to its pre-pandemic levels during the final three months of last year, but its prospects remain clouded by the future direction of the novel coronavirus that has plagued ...

Business

News Corp. hacked, reporters targeted; believed China-linked

News Corp., publisher of The Wall Street Journal, said Friday that it had been hacked and had data stolen from journalists and other employees, and a cybersecurity firm investigating the intrusion said Chinese intelligence-gathering ...

Business

Netflix sinks as Wall Street flees 'stay-at-home' stocks

One day after shares of at-home fitness company Peloton tumbled, Netflix found itself in Wall Street's hot seat Friday as markets reassess the diminishing growth prospects of so-called "pandemic stocks."

Business

Theranos founder Elizabeth Holmes guilty in fraud trial

Fallen US biotech star Elizabeth Holmes was convicted on Monday of defrauding investors in her blood-testing startup Theranos, in a high-profile case seen as an indictment of Silicon Valley culture.

Business

CES tech fair prepares to draw crowds as COVID surges

The Consumer Electronics Show (CES), one of the world's largest trade fairs, returns to Las Vegas in person this week under a newly resurgent pandemic that has supercharged the industry but threatens its downsized expo.

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