Red Hat jumps, IBM shares dip on cloud mega-merger
IBM Corp’s $34 billion deal to buy Red Hat Inc drove shares in the small but fast-growing software …read more Source: Reuters Tech News
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Booking Holdings becomes latest investor in Southeast Asia’s Grab
U.S. travel firm Booking Holdings Inc has invested $200 million in Southeast Asian ride-hailing firm Grab as part of …read more Source: Reuters Tech News
Chipmaker TowerJazz sees fourth-quarter revenue missing forecasts
TowerJazz revenues will miss expectations in the fourth quarter after falling in the previous three months, the Israeli chip manufacturer …read more Source: Reuters Tech News
Russian search engine Yandex ups 2018 revenue forecast
Russia’s biggest internet search engine Yandex raised its 2018 revenue forecast on Monday and said it gained market share in …read more Source: Reuters Tech News
European investment firm buys digital exchange Bitstamp in all cash deal
NXMH, a Belgium-based investment company, has acquired digital currency exchange Bitstamp in an all cash deal, the exchange’s chief executive …read more Source: Reuters Tech News
China’s OnePlus, backed by Qualcomm and T-Mobile, launches smartphone in U.S
A five-year old Chinese smartphone company whose high-end products are little known outside a tech-savvy niche is entering the U.S. …read more Source: Reuters Tech News
Chipmaker TowerJazz third-quarter profit falls, lowers fourth-quarter revenue forecast
Israeli chip manufacturer TowerJazz on Monday reported lower quarterly net profit and forecast fourth quarter revenue below expectations, citing overall …read more Source: Reuters Tech News
Leonardo CEO says Fincantieri JV to favor talks with France: paper
A joint venture signed between defense company Leonardo and shipbuilder Fincantieri will favor Italy’s talks with France over a military …read more Source: Reuters Tech News
Fanuc slashes outlook, cites trade friction and weak tech demand
Japanese robot maker Fanuc Corp on Monday slashed its outlook for the full year, citing slower technology spending and trade …read more Source: Reuters Tech News
Baillie Gifford willing to invest more in Tesla: the Times
Baillie Gifford & Co, one of the top shareholders of Tesla Inc, has said it would be willing to inject …read more Source: Reuters Tech News