Wed08232017

LAST_UPDATEThu, 24 Aug 2017 9am

Viacom Shares Tumble 10 Percent On Affiliate Sale Woes

NEW YORK - Shares of Viacom Inc (VIAB.O) fell 10 percent on Friday, a day after the owner of MTV and Comedy Central forecast lower sales to U.S. pay-TV companies and streaming video services this quarter.

Read more: Viacom Shares Tumble 10 Percent On Affiliate Sale Woes

Google To Work With Indonesia To Tackle Content Deemed Offensive

JAKARTA - Alphabet Inc's Google is working with Indonesia to tackle video content deemed to be offensive, including material that might incite violence or hate speech, a senior official of the search giant said on Friday.

Read more: Google To Work With Indonesia To Tackle Content Deemed Offensive

Uber Freight Schedules Loads For Truck Drivers In Six More States

Uber's purchase of Otto provided the ride-sharing company with a beachhead to get into the trucking business, an entrée to the autonomous car industry and a bit of controversy.

Read more: Uber Freight Schedules Loads For Truck Drivers In Six More States

FBI Arrests UK Security Researcher Who Stopped WannaCry Outbreak

Marcus Hutchins.

Marcus Hutchins, the 23-year-old security researcher who is credited with halting the spread of the WannaCry malware program earlier this year has been arrested by the FBI while attending the DefCon security conference in Las Vegas, Motherboard reports.

Read more: FBI Arrests UK Security Researcher Who Stopped WannaCry Outbreak

Uber Takes Action To Fix Unsafe Cars Rented To Singapore Drivers

SINGAPORE - Uber Technologies Inc said on Friday it has taken action to fix defective cars that it had rented to drivers in Singapore and was coordinating with regulators in the city state to resolve any concerns.

Read more: Uber Takes Action To Fix Unsafe Cars Rented To Singapore Drivers

Toyota To Build $1.6 Billion U.S. Plant With Rival Mazda

WASHINGTON/DETROIT- Toyota Motor Corp and rival Mazda Motor Corp are expected to announce plans on Friday to build a $1.6 billion U.S assembly plant as part of a new joint venture, a person briefed on the matter said.

Read more: Toyota To Build $1.6 Billion U.S. Plant With Rival Mazda

Volvo Cars To Share Engine Technology And More With Parent Geely

BEIJING- Sweden's Volvo Cars, a unit of Zhejiang Geely Holding Group, has agreed to make some engines available for Geely-branded vehicles, sources said, deepening ties between the carmakers who already share technology through third brand Lynk & Co.

Read more: Volvo Cars To Share Engine Technology And More With Parent Geely

Gopro Bets On Hero6 As It Plots Return To Adjusted Profitability

FILE PHOTO: A GoPro Hero 3+ camera is seen at the Nasdaq Market Site before before GoPro Inc's IPO in New York City, June 26, 2014.

GoPro Inc (GPRO.O) forecast a smaller-than-expected loss, and said it was on track to launch the latest version of its flagship camera by the holiday season, as the company seeks to achieve its goal of returning to adjusted profitability in 2017.

Read more: Gopro Bets On Hero6 As It Plots Return To Adjusted Profitability

Cyber Expert Who Stopped 'Wannacry' Attack Arrested In U.S. On Hacking Charges

Pix for illustration purpose only

SAN FRANCISCO - A cyber security researcher widely credited with helping to neutralize the global "WannaCry" ransomware attack earlier this year has been arrested on unrelated hacking charges, according to court documents unsealed on Thursday.

Read more: Cyber Expert Who Stopped 'Wannacry' Attack Arrested In U.S. On Hacking Charges

Tesla Shares Rise As Investors Bet On Model 3 Success

Tesla Inc's (TSLA.O) shares rose 6 percent on Thursday as investors continued to bet on CEO Elon Musk's ability to successfully take the company out of "manufacturing hell" as it ramps up production of its mass-market Model 3 sedans.

Read more: Tesla Shares Rise As Investors Bet On Model 3 Success