STMicro sees solid 2017 start; analysts say may supply iPhone 8
By Eric Auchard and Gwénaëlle BarzicFRANKFURT/PARIS (Reuters) - Franco-Italian chipmaker STMicroelectronics posted in-line 2016 results on Thursday, driven by solid phone and car part sales and...
View ArticleChina girlfriend rental app gets leg up from Lunar New Year demand
By Muyu Xu and Ryan WooBEIJING (Reuters) - As millions in China head home to celebrate the Lunar New Year holiday with their families, 24-year-old Luoluo is busy answering messages on a mobile app from...
View ArticleSpeculation builds on a Verizon-Charter tie-up, no offer made
By Anjali Athavaley and Liana B. Baker(Reuters) - Verizon Communications Inc is interested in exploring a combination with U.S. cable company Charter Communication Inc as part of a long list of...
View ArticlePayPal outlook muted on mobile competition, currency trends
By Anna Irrera and Sruthi Shankar(Reuters) - PayPal Holdings Inc offered a subdued outlook on Thursday, as it faced unpredictable currency fluctuations and an increasingly competitive digital payments...
View ArticleAs regulators waver, Apple takes on Qualcomm in courts
By Stephen NellisSAN FRANCISCO (Reuters) - Apple Inc's new legal assault on Qualcomm in the United States and China reflects its conclusion that regulators are unlikely to put an end to what it...
View ArticleChina turns to blockchain to make markets clearer and cleaner
By Engen ThamSHANGHAI (Reuters) - Chinese banks are hiring blockchain experts as the government pushes use of the technology behind bitcoin to increase transparency and combat fraud in its financial...
View ArticleDigital Bridge to acquire Vantage Data Centers for $1 billion: sources
By Liana B. Baker(Reuters) - Digital Bridge Holdings LLC, a firm that invests in data centers, has agreed to acquire Vantage Data Centers Management Co LLC from buyout firm Silver Lake Partners for...
View ArticleHong Kong securities brokers hit by cyber attacks, may face more: regulator
HONG KONG (Reuters) - Hong Kong's securities regulator said brokers in the city had suffered cyber attacks and warned of possible further incidents across the industry.Regulators in Hong Kong have been...
View ArticleToshiba to sell part of chip business, puts overseas nuclear ops under review
By Makiko Yamazaki and Taiga UranakaTOKYO (Reuters) - Toshiba Corp <6502.T> said it will sell a minority stake in its memory chip business as it urgently seeks funds to offset an imminent...
View ArticleFord device to boost connectivity in its models without modems
SAN FRANCISCO (Reuters) - Ford Motor Co said on Friday it would sell a plug-in device to enable features like remote start, security alerts, a Wifi hotspot and vehicle location assistance on 2010-2016...
View ArticleStock research moves past PDFs as customers demand more for their money
By Anna Irrera and Olivia Oran(Reuters) - With investment firms cutting costs and portfolio managers combating a barrage of information, financial research shops around the globe are looking for new...
View ArticleChinese Lunar New Year 'ticket snatching' apps raise hackles
By Christian Shepherd and Muyu XuBEIJING (Reuters) - As China gears up for Lunar New Year, when hundreds of millions of people head home, popular software charging extra to improve the odds of getting...
View ArticleU.S.-based Fidelity marks down value of India's e-commerce giant Flipkart
MUMBAI (Reuters) - U.S.-based mutual fund company Fidelity Investments has marked down the value of its holding in Indian e-commerce firm Flipkart Online Services Pvt Ltd by around 36 percent.Two...
View ArticleWith supplies tight, memory chipmakers head into ultra-super-cycle
By Se Young LeeSEOUL (Reuters) - The global memory chip industry is heading into what's been dubbed an ultra-super-cycle, as the challenge of making chips smaller yet more efficient has created supply...
View ArticleRussian security service says hackers attacked major banks in 2016: Ifax
MOSCOW (Reuters) - Russia's major commercial banks came under cyber attacks in November last year, the country's Federal Security Service said on Friday, Interfax news agency reported.Lenders such as...
View ArticleApple shares back in vogue as Wall Street bets on iPhone surge
By Noel RandewichSAN FRANCISCO (Reuters) - Wall Street has regained an appetite for Apple as investors bet that the release of a 10th-anniversary iPhone and pent up customer demand will shore up...
View ArticleApple strategy in 'smart home' race threatened by Amazon
By Stephen NellisSAN FRANCISCO - In less than a year, Amazon's combination of the Echo speaker system and the Alexa voice-controlled digital assistant has come close to delivering on the elusive...
View ArticleU.S. fintech venture firm Nyca raises $125 million for new fund
By Anna IrreraNEW YORK (Reuters) - Nyca Partners, the venture capital firm launched by former Visa Inc President Hans Morris, successfully closed fundraising for its second fund to invest in financial...
View ArticleKenya's Safaricom shifts funding to catch up on fixed-data demand
By Duncan MiririNAIROBI (Reuters) - Kenya's Safaricom is reallocating funds to build up its fixed-data network to connect homes to the Internet, as demand grows for online streaming services like...
View ArticleAlphabet's hardware growth adds to strength in core ad business
By Rishika Sadam(Reuters) - Alphabet Inc's core advertising business remained strong and its smartphone and home-automation products were gaining traction, analysts said a day after the company missed...
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