(Reuters) - AT&T Inc’s chief financial officer cast doubt on when it will close its acquisition of Time Warner, saying on Wednesday the company was in active discussions with the U.S. Department of Justice that made the timing uncertain. The AT&T logo is pictures on a building in Los A...
(Reuters) - Tencent Holdings Ltd now has a 12 percent stake in Snapchat operator Snap Inc, company filings showed on Wednesday, the latest in a string of major investments in the United States by China’s new tech heavyweights. FILE PHOTO: A sign of Tencent is seen during the third annual World...
MOSCOW (Reuters) - Russia’s communications regulator Roskomnadzor said on Wednesday it planned to check whether Facebook was in compliance with Russian law. A 3D-printed Facebook like button is seen in front of a displayed Russian flag in this illustration taken October 25, 2017. REUTERS/Dado ...
NEW YORK (Reuters) - Goldman Sachs Group Inc led a $10 million investment in Crux Informatics Inc, a U.S.-based technology startup that enables financial institutions to outsource the processing of data to gain business insights. A Goldman Sachs sign is displayed inside the company's post on the flo...
HONG KONG (Reuters) - Ford Motor and China’s Anhui Zotye Automobile have agreed to invest a combined $756 million to set up a 50-50 joint venture in China to build electric passenger vehicles, both companies said on Wednesday. FILE PHOTO: An airplane flies above a Ford logo in Colma, Californi...
(Reuters) - China’s Tencent now holds a 12 percent stake in Snapchat operator Snap Inc, Snap said on Wednesday, turning over a 20 percent slide in the U.S. company’s share price after badly received third quarter results. FILE PHOTO: A sign of Tencent is seen during the third annual Worl...
(Reuters) - If Broadcom Ltd’s (AVGO.O) unsolicited $103 billion bid for Qualcomm Inc succeeds, it could set up a battle with Intel Corp for dominance in the production of the next generation of communications chips, which will play a vital role in so-called connected cars. FILE PHOTO: A sign t...
LISBON (Reuters) - Uber has struck a deal with NASA to develop software for managing “flying taxi” routes in the air along the lines of ride-hailing services it has pioneered on the ground, the company said on Wednesday. A man exits the Uber offices in Queens, New York, U.S., February 2,...
HONG KONG (Reuters) - Tencent’s e-book unit China Literature Ltd (0772.HK) saw its shares surge more than 80 percent in their debut on Wednesday, as Hong Kong investors embrace a rush of tech listings, marking the biggest first-day gain for a large IPO globally this year. China Literature Co-C...
LOS ANGELES (Reuters) - If Walt Disney Co (DIS.N) buys some Twenty-First Century Fox (FOXA.O) businesses, it could provide a quick path for the traditional media giant to create a substantial competitor to Netflix Inc (NFLX.O) in the battle for TV and movie viewers. FILE PHOTO: The Twenty-First Cent...
(Reuters) - Snap Inc (SNAP.N) is redesigning its disappearing-message app Snapchat in an attempt to reach a broader audience, going back to the drawing board after being clobbered by Wall Street for another quarter of slowing user growth. A woman stands in front of the logo of Snap Inc. on the floor...
(Reuters) - Snap Inc is redesigning its disappearing-message app Snapchat in an attempt to reach a broader audience, going back to the drawing board after being clobbered by Wall Street for another quarter of slowing user growth.
(Reuters) - Take-Two Interactive Software Inc gave a stronger-than-expected revenue forecast for the holiday quarter, unlike rivals Activision Blizzard Inc and Electronic Arts Inc, on strong demand for its new NBA videogame and the continued success of "Grand Theft Auto".
(Reuters) - Snapchat-owner Snap Inc (SNAP.N) on Tuesday reported slower user growth than Wall Street expected and said it was redesigning the app, sending shares down about 20 percent on concerns it was being beaten by established rivals such as Facebook Inc’s (FB.O) Instagram. A woman stands ...
(Reuters) - Microblogging website Twitter Inc (TWTR.N), known for its iconic 140-character tweets, said on Tuesday it would roll out 280-character tweets to users across the world. The Twitter logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., Se...
SAN FRANCISCO (Reuters) - Alphabet Inc’s Waymo will launch a ride-hailing service with no human behind the steering wheel and has been testing the fully self-driving cars on public roads in Arizona, Chief Executive John Krafcik said on Tuesday. FILE PHOTO: Waymo unveils a self-driving Chrysler...
(Reuters) - An Israeli startup has sued Apple Inc, accusing the iPhone maker of copying its patented smartphone camera technology. The Apple Inc. store is seen on the day of the new iPhone 7 smartphone launch in Los Angeles, California, U.S., September 16, 2016. REUTERS/Lucy Nicholson Tel Aviv-based...
LISBON (Reuters) - European Union regulators have asked iPhone maker Apple for details of its recent tax structure following last year’s order to pay back taxes of up to 13 billion euros ($15 billion) to Ireland, Europe’s anti-trust chief said on Tuesday. FILE PHOTO: A man holds two boxe...
NEW YORK (Reuters) - Berlin-based Neufund said it has raised 10 million euros ($11.6 million) from private investors for its fund-raising platform, the first ever that will allow companies to issue a token or digital currency that will represent equity.
(Reuters) - The major futures exchanges believe in the development of cryptocurrency trading and will push on with launching exchange traded funds that allow investors to trade in them, stock exchange operator BATS Global Markets Inc’s Chief Executive said on Tuesday. Bitcoins are seen in this...
