Reuters: Technology News
Google to invest $550 million in Chinese e-commerce giant
SINGAPORE (Reuters) - Google will invest $550 million in Chinese e-commerce powerhouse , part of the U.S. internet giant's efforts to expand its presence in fast-growing Asian markets and battle rivals including .
China's Huawei blasts Australian security concerns amid Sino-Canberra tensions
SYDNEY (Reuters) - Chinese telecoms equipment maker Huawei Technologies Co Ltd [HWT.UL] said Australian claims it poses a security risk are "ill-informed" as it published an open letter on Monday that threatens to inflame already heightened Sino-Canberra tensions.
Exclusive: Mellanox nears truce with Starboard over board seats - sources
NEW YORK (Reuters) - Mellanox Technologies Inc , a chipmaker based in Israel and the United States, is close to reaching a deal with activist investor Starboard Value LP over the composition of its board of directors, people familiar with the matter said on Sunday.
Apple, Qualcomm battle over possible ban on some U.S. iPhone imports
(Reuters) - The staff of the U.S. International Trade Commission on Friday recommended that a trade judge find that Apple Inc infringed at least one of Qualcomm Inc's patents, a move that could lead to blocking the import of some iPhones.
Foxconn announces North American headquarters in Wisconsin
SHANGHAI (Reuters) - Taiwanese electronics manufacturer Foxconn said it would establish its North American corporate headquarters in Milwaukee, Wisconsin, following the purchase of a building in the city's downtown area.
Sprint, T-Mobile plan to file deal application to FCC on Monday
WASHINGTON (Reuters) - Wireless companies Sprint Corp and T-Mobile US Inc have informed the Federal Communications Commission that they will formally file an application asking for approval to merge on Monday, according to a document seen by Reuters.
The bigger Cryptocurrencies get, the worse they perform: BIS
LONDON (Reuters) - Cryptocurrencies are not scalable and are more likely to suffer a breakdown in trust and efficiency the greater the number of people using them, the Bank of International Settlements (BIS)said on Sunday in its latest warning about the rise of virtual currencies.
Qualcomm-NXP deal still waiting for China nod: sources
BEIJING/SHANGHAI (Reuters) - China is yet to approve U.S. chipmaker Qualcomm Inc's proposed $44 billion acquisition of NXP Semiconductors , three people close to the talks said, dismissing an earlier media report that said Beijing had already greenlit the deal.
Comcast gains unconditional EU antitrust approval to buy Sky
BRUSSELS (Reuters) - EU antitrust regulators have given the green light to U.S. cable company Comcast's plan to acquire European pay-TV group Sky without demanding concessions.
BIS wants tighter rules for funds offering credit, fintech
LONDON (Reuters) - Regulations introduced after the financial crisis a decade ago to smooth out banking booms and busts should be extended to funds that provide credit, or shadow banks, and fintech firms, the Bank for International Settlements (BIS) said on Sunday.
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