Amazon in talks to offer event ticketing in U.S.: sources

NEW YORK/SAN FRANCISCO (Reuters) - Amazon.com Inc is seeking to partner with U.S. venue owners to sell event tickets, four sources have told Reuters, a move that could loosen Ticketmaster's powerful grip on the lucrative ticketing business.

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Uber investor sues to force former CEO Kalanick off board

SAN FRANCISCO (Reuters) - Venture capital firm Benchmark Capital is suing former Uber Chief Executive Officer Travis Kalanick to force him off the board of the ride services company and rescind his ability to fill three board seats, according to the lawsuit.

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Snap shares drop as user growth, revenue disappoints

(Reuters) - Snap Inc shares slumped more than 12 percent in extended trading on Thursday after the Snapchat parent reported user growth and revenue that fell short of analyst expectations.

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Nvidia's data center, automotive miss overshadows profit beat

(Reuters) - Nvidia Corp reported lower-than-expected quarterly revenue in its fast-growing data center and automotive businesses, overshadowing a strong profit beat driven by sales of gaming devices such as Nintendo Co Ltd's Switch.

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Toyota, Intel, others to form auto big data consortium

(Reuters) - Toyota Motor Corp , chipmaker Intel Corp and other technology and auto companies are forming a consortium to create an ecosystem for big data used in connected cars, the Japanese automaker said on Thursday.

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Microsoft Surface devices fail on reliability: Consumer Reports

SAN FRANCISCO (Reuters) - The breakage rate for Microsoft Corp’s Surface devices is significantly worse than for other manufacturers' laptops and tablets, Consumer Reports said, adding that it was removing its "recommended" designation for Surface products.

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PayPal to expand lending offering with acquisition

NEW YORK (Reuters) - Payments firm PayPal Holdings Inc has agreed to acquire online lending company Swift Financial in a bid to expand its business that provides working capital to merchants.

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Defense Secretary Mattis begins tech outreach with Amazon visit

MOUNTAIN VIEW, Calif. (Reuters) - U.S. Defense Secretary Jim Mattis kicked off his first official visit to the U.S. technology industry on Thursday with a tour of Amazon's headquarters in Seattle, the first stop on a two-day outreach campaign intended to highlight the Pentagon's commitment to tech innovation.

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Uber's Graves stepping down from full-time job, stays on board

SAN FRANCISCO (Reuters) - Ride services company Uber Technologies Inc's [UBER.UL] head of operations, Ryan Graves, a long-time ally of former chief executive Travis Kalanick, is stepping down from his full-time job at the company, according to a copy of a letter from Graves seen by Reuters.

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Consumers may buy fewer cars in areas served by Uber, Lyft: study

DETROIT (Reuters) - In areas served by Uber Technologies Inc, Lyft Inc and other ride services operate, consumers may buy fewer cars and take fewer trips, according to a new study released on Thursday.

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Source: Reuters