(Reuters) - Chipmaker Broadcom Ltd on Monday raised its offer to buy Qualcomm Inc by 24 percent to more than $121 billion, sweetening the bid and putting more pressure on its rival to come to the table for negotiations. The new offer values the company at $82 per share - a premium of 24 percent over...
LONDON (Reuters) - Bitcoin, the world’s best-known cryptocurrency, fell 7 percent on Monday to a fresh 2-1/2-month low of $7,599 on back of growing worries about a regulatory clampdown and bans on the purchase of the digital coins. The price of Bitcoin on the Luxembourg-based Bitstamp exchange...
SEOUL (Reuters) - Samsung Group heir Jay Y. Lee left a South Korean jail a free man on Monday after a panel of judges suspended his sentence, a surprise decision that sent shockwaves through the country’s political and business establishments. Coming just days before South Koreans gather to ho...
TOKYO (Reuters) - Japan’s Panasonic Corp lifted its outlook for earnings this year after reporting a 23 percent jump in third-quarter operating profit on healthy sales of car components and factory automation equipment. The strong result underscores Panasonic’s shift away from the price ...
SEOUL (Reuters) - A South Korean appeals court on Monday suspended a jail sentence handed down to Samsung Group heir Jay Y. Lee, setting him free after a year’s detention amid a corruption scandal that brought down the former president. Seoul High Court jailed Lee for two and a half years, red...
WASHINGTON (Reuters) - Mick Mulvaney, head of the Consumer Financial Protection Bureau, has pulled back from a full-scale probe of how Equifax Inc failed to protect the personal data of millions of consumers, according to people familiar with the matter. Equifax (EFX.N) said in September that hacker...
SYDNEY (Reuters) - When Kiri Pomery ordered a red Santa Claus hat from Amazon.com Inc’s new Australian operation, the estimated delivery time to her address in outback Western Australia seemed too good to be true. It was. Several weeks after the end of Amazon’s Jan. 10 delivery window an...
SEOUL (Reuters) - South Korea said on Monday that North Korea last year stole cryptocurrency from the South worth billions of won and that it was still trying to hack into its exchanges. “North Korea sent emails that could hack into cryptocurrency exchanges and their customers’ private i...
HONG KONG (Reuters) - China’s Leshi Internet said about 5.62 billion yuan ($890 million) of its debts would be due by the end of this year, or almost two-thirds of the company’s total loans and liabilities, sending its shares down for a ninth day. This is the first time the video-streami...
SINGAPORE (Reuters) - Singapore Telecommunications (Singtel) said it would spend up to $413 million on shares in India’s Bharti Telecom, lifting its stake slightly in the holding company for Bharti Airtel to just under half. “While there are currently headwinds in India, we take a long-t...
HONG KONG (Reuters) - Chinese video-streaming firm Leshi Internet Information & Technology said it has 5.62 billion yuan ($890 million) of loans and liabilities due in 2018. Leshi last week flagged that it expected a loss of 11.6 billion yuan for 2017 due to the ongoing financial crisis at its f...
(Reuters) - Lloyds Banking Group Plc (LLOY.L) said on Sunday it would ban its credit card customers from buying Bitcoin and other cryptocurrencies. ”Across Lloyds Bank, Bank of Scotland, Halifax and MBNA, we do not accept credit card transactions involving the purchase of cryptocurrencies,&rdq...
LONDON (Reuters) - U.S. payments firm Stripe said on Monday it would place its first engineering center outside its home market in the Irish capital Dublin, attracted by the city’s growing technology workforce and global outlook. The company helps businesses, including food delivery service De...
(Reuters) - Lloyds Banking Group Plc (LLOY.L) will ban its credit card customers from buying Bitcoin amid fears that they could run up huge losses, the Telegraph reported on Sunday. Britain's biggest mortgage lender will block any attempts to buy the digital currency with a credit card starting Mond...
(Reuters) - Broadcom Ltd (AVGO.O) plans to unveil a new approximately $120 billion offer for Qualcomm Inc (QCOM.O) on Monday, aiming to ratchet up pressure on its U.S. semiconductor peer to engage in negotiations, people familiar with the matter said on Sunday. The move comes ahead of a Qualcomm sha...
(Reuters) - Apple Inc’s hint of returning a ton of cash to shareholders was not enough to move investors who worried more about the iPhone maker’s weak outlook amid reports of production cuts for its flagship iPhone X. Apple shares were down about 1.4 percent at $165.42 in early trade on...
WASHINGTON (Reuters) - The U.S. judge who will decide if wireless and pay TV provider AT&T Inc (T.N) may purchase Time Warner Inc (TWX.N) said on Friday that he saw “no big issues” in pre-trial preparations. The Justice Department has said that the $85 billion deal is illegal because...
(Reuters) - Computer maker Dell Technologies Inc said on Friday it was considering a public offering of common stock or a combination with business software maker VMware Inc (VMW.N), its publicly held subsidiary. Dell, the world’s largest privately held technology company, is under pressure to...
AMSTERDAM (Reuters) - Daimler’s new Mercedes A-Class, unveiled on Friday, includes the German automaker’s own machine-learning and voice recognition technology in one of the industry’s boldest attempts so far to take on Silicon Valley’s finest. The Mercedes “MBUX”...
(Reuters) - Amazon.com Inc’s shares surged on Friday, pushing its stock market value above $700 billion and threatening to eclipse Microsoft Corp, a day after the online retailing behemoth reported blockbuster results. Amazon’s stock was up 3.7 percent at $1,441 per share in afternoon tr...





