Japanese telecommunications and internet firm Softbank Group Corp said on Tuesday it will sell at least $7.9 billion of shares in Chinese e-commerce company Alibaba Group Holding Ltd in order to raise funds to reduce its debt. The transaction marks the first sale of Alibaba shares by its largest sha...
Software maker Microsoft Corp (MSFT.O) is selling about 1,500 of its patents to Chinese device maker Xiaomi [XTC.UL], a rare departure for the U.S. company and part of what the two companies say is the start of a long-term partnership. The deal, announced on Wednesday, also includes a patent cross-l...
WASHINGTON (Reuters) - Deloitte Consulting LLP has agreed to pay $11.38 million to resolve allegations it submitted false claims under a U.S. government contract, the U.S. Justice Department said on Tuesday.
European Union governments should not ban services like home-rental site Airbnb or ride-hailing app Uber except as a last resort, the EU says in new guidelines, seeking to rein in a crackdown on the "sharing economy". In guidelines seen by Reuters, the European Commission said any restrictions by EU...
A man stands in the middle of Grand Central Terminal as he speaks on a cell phone, as passengers face limited train service on the New Haven Line between Stamford Station and Grand Central Terminal due to a Con Edison power problem in New York, September 25, 2013. Reuters/Zoran Milich Police do not ...
Dell logos are seen at its headquarters in Cyberjaya, outside Kuala Lumpur in this September 4, 2013 file photo. Reuters/Bazuki Muhammad/Files Michael Dell and Silver Lake Partners underpriced their 2013 $24.9 billion buyout of Dell Inc [DI.UL] by about 22 percent and may have to pay tens of million...
People are silhouetted as they pose with laptops in front of a screen projected with a Google logo, in this picture illustration taken in Zenica October 29, 2014. Reuters/Dado Ruvic/File Photo Russia's state competition watchdog has again postponed a decision on a possible fine on Alphabet Inc's Goo...
How much would a cybercriminal, nation state or organized crime group pay for blueprints on how to exploit a serious, currently undocumented, unpatched vulnerability in all versions of Microsoft Windows? That price probably depends on the power of the exploit and what the market will bear ...
How much would a cybercriminal, nation state or organized crime group pay for blueprints on how to exploit a serious, currently undocumented, unpatched vulnerability in all versions of Microsoft Windows? That price probably depends on the power of the exploit and what the market will bear ...
Microsoft CEO Satya Nadella gestures as he addresses students and young entrepreneurs during a conference in New Delhi, India May 30, 2016. Reuters/Anindito Mukherjee Microsoft Corp chief executive Satya Nadella is in Beijing this week, a company spokesman said on Tuesday, as China's anti-trust inve...
A 3D printed Facebook logo is seen in front of a displayed cyber code in this illustration taken March 22, 2016. Reuters/Dado Ruvic/Illustration BRUSSELS - Facebook, Twitter, Google's YouTube and Microsoft pledged on Tuesday to review requests for the removal of hateful content posted on their platf...
A pedestrian is reflected in a sign at Panasonic Center in Tokyo, Japan, February 3, 2016. Reuters/Yuya Shino Panasonic Corp on Tuesday said it will close its unprofitable television screen manufacturing business, leaving Sharp Corp as Japan's sole TV panel maker. A Panasonic spokeswoman said the co...
The logo of Mondelez International is pictured at the company's building in Zurich November 14, 2012. Reuters/Michael Buholzer Oreo cookie maker Mondelez International Inc's "Twist, Lick, Dunk" mobile application has been such a success that the snack company plans to roll out similar games in a mov...
Chinese President Xi Jinping goes down the stage after a speach on the opening ceremony of CICA, at Diaoyutai State Guesthouse in Beijing on 28 April, 2016. Reuters/Kenzaburo Fukuhara/Pool China's President Xi Jinping has vowed to increase government support for technology companies, state media rep...
The SWIFT logo is pictured in this photo illustration taken April 26, 2016. Reuters/Carlo Allegri/Illustration/File Photo Officials of Bangladesh Bank may have been involved in a brazen theft of $81 million from its account with the New York Federal Reserve Bank in February, the head of a government...
India's commerce and industry minister on Monday said she was in talks with the finance ministry on Apple Inc's foreign direct investment proposal that seeks a waiver from the country's local sourcing rules. Nirmala Sitharaman's comments came days after the finance ministry asked the iPhone maker to...
Analysis of data seized by investigators in last week's raid of Google's (GOOGL.O) Paris headquarters could possibly take years, French financial prosecutor Eliane Houlette said on Sunday. Dozens of French police raided Google's offices on Tuesday, escalating an investigation over suspected tax evas...
A Google carpet is seen at the entrance of the new headquarters of Google France before its official inauguration in Paris, France December 6, 2011. Reuters/Jacques Brinon/Pool/File Photo France will "go all the way" to ensure that multinationals operating on its soil pay their taxes and more cases ...
China will lift restrictions to investments by foreign firms in a range of service industry sectors, including e-commerce, logistics, accounting and auditing, the China Securities News quoted commerce minister Gao Hucheng as saying. Gao said China would also promote the orderly opening of other serv...
Billionaire media owner Pierre Omidyar is backing news and entertainment web site Gawker Media in its lawsuit against wrestler Hulk Hogan, adding a new twist to a case pitting technology money against press freedom. Omidyar, owner of The Intercept publisher First Look Media, is asking other media ou...
