Macquarie unit MEIF 6 Fibre Ltd is to buy KCOM Group Plc in a deal that values the British telecoms company at 627 million pounds ($787.5 million), ending a bidding war with a UK pension fund.
Macquarie-backed MEIF 6 Fibre Ltd is to buy KCOM Group Plc in a deal valuing the British telecoms company at 627 million pounds ($787.51 million), after seeing off a British pension fund in a five-day auction which ended on Friday.
Ford Motor Co and Volkswagen AG said they will spend billions of dollars to jointly develop electric and self-driving vehicles, deepening a global alliance to slash development and manufacturing costs while positioning VW as the initial winner.
Japan and South Korea failed to mend a dispute that could threaten global supplies of microchips and smartphone displays after officials met in Tokyo on Friday for a more than five-hour briefing that drew media attention for its frosty start.
Ford Motor Co and Volkswagen AG said they will spend billions of dollars to jointly develop electric and self-driving vehicles, deepening a global alliance to slash development and manufacturing costs.
Ford Motor Co and Volkswagen AG joined forces to develop autonomous and electric cars on Friday and said they were also looking at other areas of cooperation, deepening a global alliance to slash development and manufacturing costs.
Ford and Volkswagen joined forces to develop autonomous and electric cars on Friday and said they were also looking at other areas of cooperation, deepening a global alliance to slash development and manufacturing costs.
Volkswagen AG's $2.6-billion investment in Ford Motor Co's Argo AI self-driving unit, announced on Friday, immediately vaults the two-year-old Pittsburgh-based startup into the top ranks in the sector.
The top U.S. diplomat for East Asia urged Japan and South Korea to settle a dispute over Japanese export restrictions through dialogue and said the United States did not plan to intervene, NHK reported on Friday.
Japan's restrictions on certain tech exports to South Korea are deepening a decades-long feud over wartime forced labor and may make compromise harder as leaders in both countries appeal to their political bases.
South Korea called on Friday for an international investigation of what it said were accusations by Japanese officials that it had passed some high-tech materials imported from Japan on to North Korea in violation of U.N. sanctions.
Japan Display Inc said on Friday that a group led by Chinese investment firm Harvest Group had formally secured additional funding for a previously announced 80 billion yen ($738 million) bailout plan for the screen maker.
Japan Display Inc said on Friday Chinese investment firm Harvest Group had formalized its decision to fill the shortfall to reach an 80 billion yen ($738 million) bailout deal, having secured a $100 million investment from a JDI customer.
U.S. President Donald Trump on Thursday criticized Bitcoin, Facebook's proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to U.S. and global regulations if they wanted to "become a bank."
U.S. President Donald Trump said on Thursday he plans to call a meeting of executives from major social media platforms later this month.
President Donald Trump welcomed prominent conservative social media provocateurs to the White House on Thursday and said that along with himself, they are being treated unfairly by big tech firms, which he says suppress conservative voices.
Apple Inc this week restored a software application to its App Store that let parents control their children's iPhone usage after removing it in February, the company said on Thursday.
An expanded alliance between Ford Motor Co and Volkswagen AG that includes a partnership in Ford self-driving unit Argo AI could redraw the balance of power in autonomous vehicles.
Twitter Inc said on Thursday its microblogging platform was back up partially after suffering a worldwide outage for more than an hour.
Shares of Twitter Inc traded lower on Thursday after users across the globe reported issues with accessing the microblogging platform.
Ford Motor Co and Volkswagen AG said on Thursday they are expanding their global alliance announced in January with deals that are expected to involve collaboration on electric and autonomous vehicles.
Apple Inc's top-end iPhones, assembled in India by Foxconn's local unit, are likely to hit Indian stores next month, a source said, potentially helping the tech giant drop prices in the world's second-biggest smartphone market.
Verizon Communications Inc earlier this year looked for buyers for Yahoo Finance, one of the most popular internet destinations for financial news and portfolio management tools, three people familiar with the matter told Reuters this week.
Fiverr International Ltd is tapping into the phenomenal success of "Fortnite" and "PUBG" by hooking up players with online gaming experts, who will help them up their game while helping the company make some money in the process.
Indonesian ride-hailing app Go-Jek will offer more financial services and expand its Thai food delivery business following an investment from Thailand's top lender, an executive said on Thursday.
German digital bank N26 is launching in the United States through a phased rollout of its app-based checking account and debit card, it said on Thursday.
France's Senate gave final approval to a tax on big technology companies on Thursday, potentially opening up a new front in a trade row between Washington and the European Union.
France's Senate on Thursday gave final approval to a tax on big technology companies, potentially opening a new front in a trade row between Washington and the European Union.
The United States and France should find means other than threats to solve the problem of how to tax big tech firms, French Finance Minister Bruno Le Maire said on Thursday after Washington launched a probe into France's planned digital tax
France hit back on Thursday against U.S. plans to investigate a planned tax on big digital companies, saying it was free to decide how it applies taxes as a sovereign country.