Apple shares are falling after another report that the company ordered a large cut in iPhone X production. The Wall Street Journal reported on Tuesday Apple reduced its production target for the iPhone X for the first-quarter. The company now projects it will build 20 million iPhone X units from the previous 40 million units […]

Amazon, Berkshire Hathaway, and JPMorgan Chase on Tuesday announced plans to partner on ways to cut health-care costs and improve services for their U.S. employees. The announcement slammed the shares of multiple companies in the health-care sector. Together, the three companies employ more than 1.1 million workers. The three massive companies will launch an independent […]

Strava, the fitness app that exposed the locations and activities of soldiers at U.S. military bases, is reviewing its features to prevent them from being compromised for malicious purposes. The app, which calls itself a “social network for athletes,” lets users connect a GPS device to the service so that they can upload their workout […]

Ever since Kenneth I. Chenault announced last fall that he would retire as chief executive of American Express, he has been fielding phone calls from companies looking to hire him. It’s not surprising. Mr. Chenault is one of the most prominent African-American chief executives in the world and the man who led American Express through […]

Indian Uber rival Ola announced Tuesday that it plans to expand into Australia, its first move outside of its home country. Ola has begun signing up drivers in Sydney, Melbourne and Perth, the company said. The move comes just months after raising $1.1 billion from investors that included Chinese internet giant Tencent and Japan’s SoftBank, […]

Microsoft issued an emergency security update on Monday to plug Intel Corp’s buggy Spectre firmware patch after the chipmaker’s fix caused computers to reboot more often than normal. Microsoft said it was rolling out an out-of-band update that specifically disables Intel’s Spectre variant 2 patch. The latest update comes nearly four weeks after Intel confirmed […]

Uber had looked at buying a Chicago-based freight logistics company to complement its existing UberFreight service, several people briefed on the process say. The ride-hailing startup spoke to Load Delivered Logistics, a broker for freight trucking routes, as recently as this month, but deal talks fell apart, the sources say. An Uber spokesperson said the […]

In the latest sign of tremendous interest in cryptocurrencies, more than 1 million people have joined the waitlist for Robinhood Crypto in just four days. No-fee stock trading app Robinhood announced Thursday it was rolling out commission-free trading in digital currencies bitcoin and ethereum beginning in February. Although the service will initially only be available […]

Apple is testing several key levels of support ahead of its earnings report due out later this week. The chart, at least over the course of the last week, isn’t pretty. Apple just posted its worst week since last September amid a slew of bad news, like cautious analyst coverage of the iPhone maker. On […]

Amazon is testing a new invitation-only program that would provide sellers with more efficient storage and shipping options and allow merchants to add Amazon’s software and logistics into their own warehouses. Amazon described the new service, called FBA Onsite, as a “groundbreaking” program that combines the best parts of its existing fulfillment programs and brings […]