Uncategorized

Investors wipe $3 billion off China’s ZTE as U.S. settlement sinks in

HONG KONG (Reuters) – Investors wiped about $3 billion off embattled Chinese telecommunications giant ZTE Corp’s market value …read more Source: Reuters Tech News

Australia keeps China out of internet cabling for Pacific neighbor

SYDNEY (Reuters) – Australia has agreed to fund underwater internet cables and a cyber security center for the Solomon Islands, …read more Source: Reuters Tech News

Toyota to invest $1 billion in Southeast Asian ride-hailing firm Grab

SINGAPORE (Reuters) – Toyota Motor Corp has agreed to invest $1 billion in Southeast Asian ride-hailing firm Grab as a …read more Source: Reuters Tech News

Toshiba unveils $6.3 billion share buyback after completing massive chip deal

TOKYO (Reuters) – Toshiba Corp announced a planned share buyback of around 700 billion yen ($6.33 billion), following up on …read more Source: Reuters Tech News

Toshiba says to buy back $6.33 billion in shares

TOKYO (Reuters) – Toshiba Corp said on Wednesday that it would buy back around 700 billion yen ($6.33 billion) in …read more Source: Reuters Tech News

Investors wipe $3 billion off China’s ZTE market value after U.S. settlement

HONG KONG (Reuters) – Chinese telecommunications giant ZTE Corp had about $3 billion wiped off its market value …read more Source: Reuters Tech News

China’s ZTE plunges 38 percent in resumed trade after $1.4 billion U.S. settlement

HONG KONG (Reuters) – The Hong Kong-listed shares of China’s ZTE Corp were set to slide 38 percent on …read more Source: Reuters Tech News

Qualcomm will not exit data center business, chip chief says

(Reuters) – Qualcomm Inc has no plans to abandon its efforts to create processors for data centers, the company’s president, …read more Source: Reuters Tech News

Britain courts financial technology firms with free dinners and U.S. trip

LONDON (Reuters) – Eager to ensure that financial technology firms don’t desert London after Brexit, the UK government’s latest incentives …read more Source: Reuters Tech News

Trial begins in $20 million insider trading case over hacked press releases

NEW YORK (Reuters) – Nearly three years after federal prosecutors unveiled a landmark case charging nine people with trading on …read more Source: Reuters Tech News