Sprint beats on quarterly revenue, raises outlook; shares jump
NEW YORK (Reuters) – Sprint Corp reported quarterly revenue on Friday that beat analyst estimates, as the No. 4 U.S. …read more Source: Reuters Tech News
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Dell explores IPO or potential merger with VMware
(Reuters) – Dell Technologies Inc said on Friday it is evaluating a potential public offering of its common stock or …read more Source: Reuters Tech News
Alibaba backs Indian online grocer BigBasket in $300 million fundraising
MUMBAI (Reuters) – India’s leading online grocer BigBasket has raised $300 million in a funding round led by China’s Alibaba …read more Source: Reuters Tech News
China’s Xiaomi back to top five vendor as global smartphone market shrinks
HONG KONG (Reuters) – Chinese smartphone maker Xiaomi has climbed back into the global top five vendors list as the …read more Source: Reuters Tech News
Daimler open to alliances, partial listing of mobility services
FRANKFURT (Reuters) – Car and truck maker Daimler on Friday said it was open to considering a broader alliance and …read more Source: Reuters Tech News
Blockchain to track Congo’s cobalt from mine to mobile
LONDON (Reuters) – Blockchain is to be used for the first time to try to track cobalt’s journey from artisanal …read more Source: Reuters Tech News
China’s Alibaba invests $146 million in Indian online grocer BigBasket
MUMBAI (Reuters) – A unit of China’s Alibaba has invested $146 million in Indian online grocer BigBasket, strengthening its position …read more Source: Reuters Tech News
Sony reports best-ever third quarter profit, forecasts new annual record
TOKYO (Reuters) – Japan’s Sony Corp on Friday reported a nearly four-fold jump in third-quarter operating profit on growing demand …read more Source: Reuters Tech News
Hon Hai aims to invest $342 million in AI, industrial internet
HONG KONG (Reuters) – Foxconn, one of Apple’s main suppliers, formally known as Hon Hai Precision Industry Co Ltd said …read more Source: Reuters Tech News
Sony CEO Hirai to step down; turnaround ally Yoshida to take helm
TOKYO (Reuters) – Sony Corp said on Friday CEO Kazuo Hirai will be replaced by chief financial officer Kenichiro Yoshida, …read more Source: Reuters Tech News