Trap or treat? Funds to raise billions for tech IPOs in China
SHANGHAI (Reuters) – Asset managers began fundraising for six Chinese “unicorn” funds on Monday, offering retail investors a new investment …read more Source: Reuters Tech News
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Bitcoin tumbles as hackers hit S.Korean exchange Coinrail
SEOUL (Reuters) – South Korean cryptocurrency exchange Coinrail said it was hacked over the weekend, sparking a steep fall in …read more Source: Reuters Tech News
China’s Xiaomi books $1 billion quarterly loss ahead of blockbuster IPO
HONG KONG (Reuters) – Chinese smartphone maker Xiaomi booked a first-quarter net loss of 7 billion yuan ($1.09 billion) ahead …read more Source: Reuters Tech News
China’s Xiaomi posts $1 billion first quarter loss ahead of blockbuster IPO
HONG KONG (Reuters) – Chinese smartphone maker Xiaomi recorded a first-quarter net loss of 7 billion yuan ($1.09 billion) ahead …read more Source: Reuters Tech News
South Korean exchange Coinrail says hit by hackers, bitcoin slides
SEOUL (Reuters) – South Korean cryptocurrency exchange Coinrail said it was hacked over the weekend, prompting an extended sell-off of …read more Source: Reuters Tech News
Foxconn says investigating labor conditions at China factory used for Amazon
NEW YORK (Reuters) – Contract manufacturer Foxconn said on Sunday it is investigating a plant in China that makes devices …read more Source: Reuters Tech News
Rights group hits Amazon, Foxconn over China labor conditions
NEW YORK (Reuters) – A U.S. watchdog group criticized Amazon.com Inc and contract manufacturer Foxconn over what it described …read more Source: Reuters Tech News
White House’s Navarro says ‘three strikes you’re out’ for ZTE
WASHINGTON (Reuters) – Chinese technology company ZTE Corp will be “shut down” in the United States if it engages …read more Source: Reuters Tech News
Internet Gold examining sale of controlling stake in Bezeq
JERUSALEM (Reuters) – Internet Gold – Golden Lines said on Sunday it was considering offers to sell part or all …read more Source: Reuters Tech News
U.S. security panel approves Oceanwide purchase of Genworth
WASHINGTON (Reuters) – A U.S. panel that reviews foreign investments for potential national security threats has approved China Oceanwide Holdings …read more Source: Reuters Tech News