Hellman & Friedman, Blackstone make 5.7 billion euro offer for Scout24

Hellman & Friedman and Blackstone have offered to buy online classifieds group Scout24 for 5.7 billion euros ($6.4 billion), including debt, potentially the biggest takeover of a listed German company by private equity.

Germany looks into tax move on foreign internet firms: report

Germany's finance ministry is looking into the possibility of a 15 percent special tax on online advertising revenue collected by foreign internet companies such as Google or Facebook from German operators, Wirtschaftswoche magazine reported on Friday.

Seizing on Huawei's troubles, Samsung bets big on network gear

Samsung Electronics is pouring resources into its telecom network equipment business, aiming to capitalize on the security fears hobbling China's Huawei, according to company officials and other industry executives.

Lyft to woo investors with fast U.S. growth in IPO race with Uber

Lyft Inc will pitch investors on its fast growth in the United States as it seeks to beat out Uber Technologies Inc to become the first publicly listed ride-hailing company, according to people familiar with the matter.

China ride-hailing giant Didi to lay off 15 percent staff this year: source

Beijing-based ride-hailing giant Didi Chuxing will lay off 15 percent of its staff this year, or about 2,000 employees, a source familiar with the matter told Reuters on Friday.

How Amazon scrapped its plans for a New York headquarters

More than a year of work to bring Amazon.com Inc's headquarters and tens of thousands of jobs to New York City ended on Thursday with a couple of phone calls.

Australian miner Fortescue says two driverless trucks involved in low-speed incident

Australian iron ore miner Fortescue said on Friday that one of its driverless trucks, traveling at low speed, ran into another that was parked at its remote Western Australian operations in an incident earlier this week.

Prominent investors stock up on eBay, then activists flex muscle

EBay Inc.'s stock price slumped for most of last year but a number of prominent hedge funds were so convinced that change is on the horizon for the e-commerce company that they established new or added to existing positions in the last months of 2018.

Nvidia full-year sales outlook tops analyst views; shares rise

Chip maker Nvidia Corp on Thursday forecast sales for its current fiscal year that topped Wall Street expectations, sending its shares up 8 percent in late trading.

Applied Materials second-quarter forecast misses on weak chip demand

Chip gear maker Applied Materials Inc forecast second-quarter profit and revenue below analysts' estimates on Thursday, underscoring the weakness in the semiconductor industry that has forced some companies to temper their outlook.

U.S. negotiating multibillion-dollar fine with Facebook: report

The U.S. government and Facebook Inc are negotiating a settlement over the company's privacy lapses that could require the online social network to pay a multibillion-dollar fine, the Washington Post reported on Thursday.

As Amazon drops New York City project, progressives claim a major coup

U.S. Representative Alexandria Ocasio-Cortez wasted no time on Thursday in calling Amazon's decision to scrap plans to build a major New York outpost with nearly $3 billion in city and state incentives a big victory for progressive politicians.

Berkshire trims Apple stake, adds Suncor and Red Hat, exits Oracle

Warren Buffett's Berkshire Hathaway Inc said it trimmed its stake in iPhone maker Apple Inc, its largest stock investment, and added positions in Canada's Suncor Energy Inc and software company Red Hat Inc.

Nvidia sales outlook tops analyst views; shares rise

Chip maker Nvidia Corp on Thursday forecast sales for its current fiscal year that topped Wall Street expectations, sending its shares up 8 percent in late trading.

Billionaire Stanley Druckenmiller placed bet against Tesla during fourth quarter

Billionaire investor Stanley Druckenmiller bet against electric carmaker Tesla Inc during the fourth quarter, wagering that its share price will fall, according to quarterly filings released on Thursday.

Feeling unwelcome, Amazon ditches plans for New York hub

Amazon.com Inc abruptly scrapped plans to build a major outpost in New York that could have created 25,000 jobs, blaming opposition from local leaders upset by the nearly $3 billion in incentives promised by state and city politicians.

Amazon's NY exit spurs reactions on money saved and jobs lost

Amazon.com Inc's decision on Thursday to scrap its proposal to locate a second headquarters in the Queens borough of New York City ignited a sea of dueling reactions on Twitter, with some calling it a victory for working people while others said it meant that fewer people would work.

Nvidia beats fourth-quarter profit estimates, shares rise

Nvidia Corp on Thursday reported fourth-quarter profit above Wall Street estimates, sending its shares up 9 percent in extended trading.

Fintechs could help Mexicans abroad send money home more cheaply: Finance Ministry

Mexico's new government is trying to slash the cost of sending cash home for Mexican families living abroad and is hoping competition from fintechs will encourage banks and services like Western Union to reduce commissions and improve exchange rates.

Nvidia forecasts first-quarter revenue below estimates

Nvidia Corp forecast first-quarter revenue below Wall Street estimates on Thursday, as the chip designer struggles with slowing sales to data centers and weak demand for its gaming chips, especially in China.

Israeli software firm DriveNets raises $110 million in first funding round

Israeli networking software company DriveNets said on Thursday it raised $110 million in its first round of financing led by Bessemer Venture Partners and Israel's Pitango Growth, with the participation of several private investors.

Amazon pulls the plug on New York headquarters

Amazon.com Inc abruptly scrapped plans for a new headquarters in New York that could have created 25,000 jobs, blaming opposition from local leaders upset by the nearly $3 billion in incentives promised by state and city politicians.

Amazon pulls plug on New York City headquarters

Amazon.com Inc abruptly scrapped plans to build a headquarters in New York after opposition from local politicians and some of its would-be neighbors, the third most-valuable public U.S. company said on Thursday.

New York mayor: Amazon 'threw away opportunity'

New York Mayor Bill de Blasio criticized Amazon.com Inc for walking away from a plan to establish a headquarters in the city in the face of political opposition, saying the company "threw away" an opportunity and failed to work with the community.

Amazon to New York City: Fuggedaboutit!

Amazon.com Inc will not move forward with plans to build a headquarters in New York after rising opposition from local politicians, the third most-valuable public U.S. company said in on Thursday.

Computers could write full - and wrong - news stories - researchers

A research group backed by Silicon Valley heavyweights on Thursday released a paper showing that technology that can generate realistic news stories from little more than a headline suggestion is poised to advance rapidly in the coming years.

Xcelerate to sell third-party warranties for EVs including Teslas

Auto leasing and financing company Xcelerate said on Thursday it has launched the first U.S. third-party extended warranties for electric vehicles, including those of market leader Tesla Inc, filling a void for used vehicles that have so far lacked such coverage.

Amazon will abandon plans to build second headquarters in New York

Amazon.com Inc said Thursday it will not move forward with plans to build a headquarters in New York after rising opposition from local politicians.

JPMorgan Chase to create digital coins using blockchain for payments

JPMorgan Chase & Co said on Thursday it plans to launch its own digital coins, called "JPM Coin", that customers will be able to use for instant transfer of payments over a blockchain network.

GM unveils 'Ariv' e-bikes, plans Europe launch in second quarter

General Motors Co announced on Thursday that its brand of electric bicycles would be called "Ariv" and begin selling in Europe in the second quarter of 2019.