Broadcom full-year forecast gets a 5G boost (Thu, 12 Dec 2019)
Broadcom Inc forecast full-year 2020 revenue above Wall Street estimates on Thursday, as the company expects to benefit from strong demand for its chips from rising 5G adoption and growth in its software business.
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Facebook pledges $130 million to content oversight board, delays naming members (Thu, 12 Dec 2019)
Facebook said on Thursday it committed an initial $130 million to fund an independent oversight board, but said it would not announce its members this year, as originally expected.
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Lyft launches rental option on app (Thu, 12 Dec 2019)
Lyft Inc on Thursday launched a rental option on its app that will allow certain riders in San Francisco Bay Area and Los Angeles to rent cars, the ride-hailing company said on a blog post.
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U.S. regulator weighs action against Facebook over how its apps interact -report (Thu, 12 Dec 2019)
The U.S. Federal Trade Commission is considering seeking a preliminary injunction against Facebook Inc because of concerns that policies about how its apps interact violate antitrust law, The Wall Street Journal reported on Thursday, citing people familiar with the matter.
>> Read more to open distribution center in Northeastern Brazil in 2020 (Thu, 12 Dec 2019) Inc said on Thursday it will open a distribution center in the northeastern state of Pernambuco, its second in Brazil, strengthening its logistics infrastructure to speed up deliveries and ultimately expand its footprint.
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