for a stake in car-sharing app company Turo. The deal, once it closes, would make IAC largest shareholder in Turo, often referred to as the Airbnb for cars. The new funding brings Turo's total equity raised to $470 million. United Airlines beat consensus earnings and revenue estimates in its fiscal second-quarter. United still expects profits to rise despite capacity cuts caused by the grounding of Boeing's 737 Max jet.
Sprint said that a security breach exposed subscriber information, according to a letter to customers obtained by ZDNet. Sprint said it was informed of the hack on June 22. The company said it re-secured all compromised accounts by resetting PIN codes three days later. DouYu International priced its U.S. initial public offering at $11.50 per share, at the low end of the expected range. The China-based video streaming service, which is backed by Chinese internet giant Tencent Holdings, debuts today on the Nasdaq.While "Veep," "Game of Thrones" and "The Marvelous Mrs.
, which is now the top trending free app in the iTunes App Store. You can download and use for free for three days.
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