INFBusiness

LOS ANGELES (Reuters) – Walt Disney Co (DIS.N) on Tuesday avoided the unmitigated disaster some investors feared as it eked out an adjusted profit amid the coronavirus pandemic that shut down parks, movie theaters and sporting events across the globe.…

OAKLAND, Calif. (Reuters) – A U.S. judge on Tuesday sentenced former Google engineer Anthony Levandowski to 18 months in prison for stealing a trade secret from Google related to self-driving cars months before becoming the head of Uber Technologies Inc’s…

WASHINGTON (Reuters) – President Donald Trump’s unprecedented demand that the United States get a cut of the proceeds from the forced sale of Chinese internet giant ByteDance’s short-video app TikTok is based on an interpretation of U.S law that regulatory…

LOS ANGELES (Reuters) – Walt Disney Co (DIS.N) on Tuesday reported financial results that avoided the unmitigated disaster some investors feared as it eked out an adjusted profit amid the coronavirus pandemic that shut down parks, movie theaters and sporting…

(Reuters) – A 17-year-old Florida boy accused of masterminding the hacking of celebrity accounts on Twitter Inc, including those of Democratic presidential candidate Joe Biden and Tesla Chief Executive Elon Musk, pled not guilty to charges on Tuesday.

WASHINGTON (Reuters) – White House officials on Tuesday could not say how the U.S. government would receive a portion of the proceeds from any sale of TikTok’s U.S. operations, one day after President Donald Trump called for a cut of…

NEW YORK (Reuters) – Clearwater Analytics is exploring a sale that could value the private equity-owned investment management software firm at around $2 billion, including debt, according to people familiar with the matter. Welsh, Carson, Anderson & Stowe, the buyout…

(Reuters) – Activision Blizzard Inc (ATVI.O) raised its full-year forecast for adjusted sales after beating quarterly estimates on Tuesday, encouraged by a pandemic-driven surge in gaming and the next release in its blockbuster “Call of Duty” franchise later this year.…

WASHINGTON (Reuters) – The United States will take action in coming days on the popular short-video app TikTok and other Chinese apps, White House spokeswoman Kayleigh McEnany told reporters at a briefing on Tuesday, but gave no other details. “He…

(Reuters) – Apple Inc has no interest in acquiring TikTok, the company said on Tuesday, denying a report by news website Axios from earlier in the day. Axios, citing sources outside Apple, earlier reported the iPhone maker has expressed interest…