NEW YORK (IFR) - Uber is bringing its disruptive force to the leveraged loan market, approaching institutional investors directly on a new debt sale.
(Reuters) - Waymo, the autonomous vehicle arm of Alphabet Inc (GOOGL.O), said on Friday it would launch a self-driving trucks pilot in Atlanta to carry cargo for Google’s data centers. FILE PHOTO: The Waymo logo is displayed during the North American International Auto Show in Detroit, Michiga...
(Reuters) - Broadcom Ltd (AVGO.O) has promised not to sell critical national security assets to foreign buyers if its deal to buy chipmaker Qualcomm Inc (QCOM.O) is approved, another effort by the Singapore-based firm to appease U.S. security concerns. FILE PHOTO: A sign to the campus offices of chi...
NEW YORK (Reuters) - Bitcoin dropped below $9,000 on Friday to its lowest level in 3-1/2 weeks on concerns about regulatory clamp down around the world following cases of large thefts of digital currencies. FILE PHOTO: Representation of the Bitcoin virtual currency standing on the PC motherboard is ...
(Reuters) - Broadcom Ltd said in a letter to U.S. Congress on Friday that it will not sell any critical national security assets to any foreign companies if its $117 billion deal to buy chipmaker Qualcomm Inc is approved. FILE PHOTO: A sign to the campus offices of chip maker Broadcom Ltd is shown i...
(Reuters) - Netflix Inc’s (NFLX.O) 65 percent jump so far in 2018 has been so fast that Wall Street analysts earlier this week were as much as $60 behind the curve on a stock most say is a buy. The Netflix logo is pictured on a television in this illustration photograph taken in Encinitas, Cal...
BEIJING (Reuters) - China does not recognize Bitcoin and other digital currencies as legitimate forms of payment, the central bank governor, Zhou Xiaochuan, said on Friday. Zhou Xiaochuan, Governor of the People's Bank of China, attends a news conference on the sidelines of China's National People's...
LONDON (Reuters) - The platinum industry has been waiting for fuel-cell cars to lift demand for years. Now, just as the technology finally looks to be gaining traction, carmakers are finding ways to slash the amount of the expensive metal used. Cars using fuel cells, which generate electricity throu...
YOKKAICHI, Japan (Reuters) - Toshiba Corp (6502.T) expects the sale of its $18 billion memory chip business to be completed by June at the latest, if not by an agreed deadline of the end of March, as it awaits antitrust regulatory approval from China. FILE PHOTO: A logo of Toshiba Corp is seen on a ...
TOKYO (Reuters) - Japanese auto parts supplier Denso Corp (6902.T) is buying an additional 4.5 percent stake in chipmaker Renesas Electronics (6723.T) in a deal worth $800 million based on market prices, as car makers accelerate the adoption of self-driving and other technologies. FILE PHOTO: Renesa...
TOKYO (Reuters) - Japanese auto parts supplier Denso Corp (6902.T) said on Friday it has agreed to acquire an additional 4.5 percent stake in chip maker Renesas Electronics Corp (6723.T), as carmakers accelerate development of self-driving vehicles and other technologies. Renesas Electronics Corp's ...
(Reuters) - Twitter Inc appointed Parag Agrawal as Chief Technology Officer on Thursday, according to an update on the social media company’s website. FILE PHOTO: The Twitter application is seen on a phone screen August 3, 2017. REUTERS/Thomas White/File Photo Parag Agrawal, who joined microbl...
NEW YORK (Reuters) - U.S.-based Multicoin Capital, an asset management firm with a long-term positive view on digital currencies, has raised capital from a slew of big individual and institutional investors led by influential venture capitalist Marc Andreessen, its co-founder and managing partner to...
WASHINGTON (Reuters) - A federal judicial panel said on Thursday that challenges to the Federal Communications Commission’s repeal of the Obama era open internet rules will be heard by an appeals court based in San Francisco. FILE PHOTO - Supporter of Net Neutrality Lance Brown Eyes protests t...
WASHINGTON (Reuters) - U.S. President Donald Trump met on Thursday with the makers of popular video games "Grand Theft Auto" and "Doom" to discuss what the president believes is a link between video games and violent acts like last month's school shooting in Florida.
WASHINGTON (Reuters) - False news stories spread much more quickly and widely on Twitter than truthful ones, an imbalance driven more by people than automated “bot” accounts, researchers said on Thursday. FILE PHOTO: People holding mobile phones are silhouetted against a backdrop project...
SAN FRANCISCO (Reuters) - Snapchat owner Snap Inc will cut just over 120 engineers and reorganize its engineering team, according to a company memo seen by Reuters on Thursday.
SAN FRANCISCO (Reuters) - Apple Inc, the world’s most valuable publicly listed company, is in danger of being beaten by Amazon.com Inc to the $1 trillion mark. FILE PHOTO: The Amazon logo is seen at the Young Entrepreneurs fair in Paris, France, February 7, 2018. REUTERS/Charles Platiau Wall S...
WASHINGTON (Reuters) - The top U.S. general in Europe said on Thursday that the U.S. government did not have an effective unified approach to deal with Russia’s cyber threat. FILE PHOTO - Commander of the U.S. European Command Curtis M. Scaparrotti speaks during his presentation for Finnish Na...
PRAGUE (Reuters) - Drivers for Uber in the Czech Republic will need to get business certificates and be licensed, the country’s prime minister said on Thursday after meeting with company officials. The Uber logo is seen on a screen in Singapore August 4, 2017. REUTERS/Thomas White Taxi drivers...
LONDON (LPC) - Japan’s SoftBank Group Corp (9984.T) is considering raising around US$5bn of loans though its UK-based tech firm ARM Holdings, banking sources said. FILE PHOTO: The logo of SoftBank Group Corp is seen at the company's headquarters in Tokyo, June 30, 2016. REUTERS/Toru Hanai/File...
SHANGHAI (Reuters) - China has approved the Shanghai listing of an internet and industrial-focused subsidiary of Taiwan’s Foxconn, which the world’s largest contract electronics manufacturer hopes will help fund new projects. FILE PHOTO: Logos of Foxconn and Ennoconn are seen during the ...
WASHINGTON (Reuters) - After criticizing video games in the wake of a school shooting in Florida last month, U.S. President Donald Trump will meet with industry executives on Thursday to discuss what the president believes is a link between the games and violent acts. U.S. President Donald Trump mee...
SINGAPORE (Reuters) - Southeast Asia’s biggest ride-hailing firm, Grab, is in advanced negotiations to buy parts of Uber Technologies Inc’s business in the region, said a source with knowledge of the talks, in what would be Uber’s second retreat from an Asian market. FILE PHOTO: Ne...
JOHANNESBURG (Reuters) - German software maker SAP found compliance breaches and “indications of misconduct” in $50 million of public sector deals in South Africa involving the Guptas, friends of former president Jacob Zuma accused of corruption, it said on Thursday. SAP logo at SAP head...
LONDON (Reuters) - The European Union’s executive has proposed a draft law to offer crowdfunding platforms bloc-wide access to customers as part of efforts to boost growth in the financial technology sector. European Commission Vice-President for the Euro and Social Dialogue Valdis Dombrovskis...
SINGAPORE (Reuters) - Southeast Asia’s biggest ride-hailing firm, Grab, is in advanced negotiations to buy parts of Uber Technologies Inc’s business in the region, said a source with knowledge of the talks, in what would be Uber’s second retreat from an Asian market. FILE PHOTO: Ne...
FRANKFURT (Reuters) - Daimler (DAIGn.DE) said on Thursday it would deepen its cooperation with China’s BAIC Group (1958.HK) in the area of new energy vehicles, even as rival Geely seeks to gain access to the German carmakers’ electric vehicle technologies. FILE PHOTO: A sign showing the ...
SINGAPORE (Reuters) - Southeast Asia’s biggest ride-hailing firm, Grab, is in advanced negotiations to buy parts of Uber Technologies Inc’s business in the region and offer a stake in itself, said a source with knowledge of the talks, in a move that would mark Uber’s pullback from ...
MILAN (Reuters) - Activist fund Elliott’s acquisition of a stake in Telecom Italia (TIM) is not a cause of concern for the phone group and its main shareholder Vivendi, the TIM Chairman and Vivendi CEO said on Thursday in a newspaper interview. FILE PHOTO - Vivendi's Chief Executive Officer Ar...