Uncategorized

Fintechs impatient as British banks seek extra time to open up

LONDON (Reuters) – Financial technology firms were supposed to start breaking into mainstream banking this month when new rules forced …read more Source: Reuters Tech News

Baidu seeks new investors for finance unit in up to $2 billion deal: sources

HONG KONG (Reuters) – Chinese search engine Baidu Inc is seeking new investors for its wholly-owned finance unit, in a …read more Source: Reuters Tech News

EU fines Qualcomm $1.2 billion over Apple mobile chip deals

BRUSSELS (Reuters) – EU antitrust regulators hit U.S. chipmaker Qualcomm with a 997 million euro ($1.23 billion) fine on …read more Source: Reuters Tech News

EU fines Qualcomm $1.2 billion over Apple chip deals

BRUSSELS (Reuters) – EU antitrust regulators slapped a 997 million euro ($1.23 billion) fine on U.S. chipmaker Qualcomm on Wednesday …read more Source: Reuters Tech News

Car service Addison Lee challenges rivals with global app bookings

LONDON (Reuters) – British premium car service Addison Lee said customers will be able to book journeys using their app …read more Source: Reuters Tech News

Google, Tencent, Sequoia China join $15 million funding for pharma startup XtalPi

BEIJING (Reuters) – Alphabet Inc’s Google, Tencent Holdings Ltd and Sequoia Capital China have joined a $15 million B series …read more Source: Reuters Tech News

Qualcomm fine from EU antitrust regulators expected Wednesday: source

(Reuters) – EU antitrust regulators are expected to impose a multi-million euro fine on Qualcomm Inc on Wednesday for paying …read more Source: Reuters Tech News

Texas Instruments’ revenue growth slowdown rattles investors

(Reuters) – Texas Instruments Inc on Tuesday posted the slowest revenue growth in four quarters, disappointing investors who were …read more Source: Reuters Tech News

Facebook buys Boston software company that authenticates IDs

NEW YORK/SAN FRANCISCO (Reuters) – Facebook Inc is buying a software firm that specializes in authenticating government-issued identification cards, …read more Source: Reuters Tech News

Texas Instruments fails to beat earnings estimates, shares fall

(Reuters) – Chipmaker Texas Instruments Inc’s fourth-quarter earnings failed to exceed Wall Street expectations after several quarters of better-than-expected …read more Source: Reuters Tech News