UBS announced a net profit of $1.4 billion for the second quarter of 2019.Earningsread more
Beijing says it can still meet its 2019 growth target of between 6% and 6.5% and continues to roll out stimulus measures to prop up activity. China set a 2019 industrial...China Economyread more
Japan and South Korea are part of a complex and tightly linked supply chain that produces electronic goods such as smartphones and laptops.Technologyread more
A different oil pricing dynamic has been evolving with new supply calculations based on the U.S. as the world's largest producer.Market Insiderread more
The Massachusetts senator's alarm-sounding on consumer debt neglects to measure it against the growth in the economy and the ability to pay.Economyread more
Stocks in Asia Pacific edged up on Tuesday afternoon, as investors await closely-watched central bank meetings in the coming days.Asia Marketsread more
More than half of Venezuela's 23 states lost power on Monday, according to Reuters witnesses and reports on social media, a blackout the government blamed on an...World Politicsread more
Equifax will give consumers a range of options for monitoring their credit or making claims of fraud or data misuse, part of a $425 million restitution fund.Technologyread more
The deal between the White House and Democrats was earlier expected to raise the debt ceiling for two years and permanently end the sequester.Politicsread more
Britain's Antstream is jumping into the cloud gaming battle with a streaming platform for retro titles. And Tencent just backed the company.Technologyread more
American comedian Hannibal Buress, who stars in "The Eric Andre Show," has made a recent transition into the world of business as an angel investor — but there's an important...How I Made Itread more
Alphabet will fold its enterprise security company Chronicle into Google Cloud later this year.
Chronicle originally spun out of X, the company's experimental projects lab, and since January 2018 has been one of Alphabet's "Other Bets," which are Google sister companies aiming to produce the next big tech innovation.
In March, Chronicle released its first product, Backstory, which helps security analysts parse potential threats from anavalanche of alerts, helping them more quickly pinpoint the real vulnerabilities. In a crowded U.S. market for cybersecurity vendors, there are few existing ways for security teams to knit all of the data from their different products in a unified system.
The move comes more than a year after Alphabet folded its smart home subsidiary Nest back into the Google family.
Google Cloud CEO Thomas Kurian is making wide-ranging changes to the group as he surpasses six months on the job. Earlier this month, Google bought data analytics provider Looker for $2.6 billion, Kurian's first big acquisition since the former Oracle executive replaced former Google Cloud leader Diane Greene.
"Threats posed by attackers to businesses, governments and organizations across the globe have only grown more sophisticated and urgent," wrote Kurian in a blog post. "At Google Cloud, our customers' need to securely store data and defend against threats—either in the cloud or on premise—is a top priority."
Chronicle will join Google Cloud in "the coming weeks," the company said, adding that the integration will happen this fall. It wasn't immediately clear whether Chronicle CEO Stephen Gillett will remain leading Chronicle.
In a Medium post about the move, Gillett looked back at the group's original goal.
At the core of our mission was the ability to look for the biggest way to have impact, and to bring the technology and services needed to "Give Good the Advantage." Our goal was centered around delivering a way to 10X the capabilities of security teams around the world who are struggling to stay ahead... Combining our efforts will allow us to take the next step on our journey, and will significantly accelerate our impact globally, together.