RSS Reuters: Technology News

  • Yelp surges on Einhorn stake but some on social media are skeptical May 3, 2016
    NEW YORK (Reuters) - Shares of Yelp Inc shot to a three-month high on Tuesday morning after hedge fund manager David Einhorn unveiled a new stake, but seesawing social media sentiment among active traders signaled skepticism about the business review site's longer-term prospects and Einhorn's prowess as a stock picker.
  • Sprint's loss widens, vows to cut $2 billion in costs this year May 3, 2016
    (Reuters) - Sprint Corp on Tuesday reported a wider quarterly loss and added fewer subscribers than expected, but vowed to cut more than $2 billion in costs in the current fiscal year to stop the red ink. Sprint shares, which had fallen about 4 percent so far this year, jumped as much as 5.7 percent […]
  • Canadian ordered out of Nepal after criticizing government on social media May 3, 2016
    KATHMANDU (Reuters) - A Canadian living and working in Nepal who criticized the government on social media has been ordered to leave the country within two days, a Nepali official said on Tuesday.