Toshiba $5 billion stock issue results in huge dilution but delisting risk removed
TOKYO (Reuters) – Toshiba Corp’s plan to raise some $5.4 billion through a sale of new shares will help it …read more Source: Reuters Tech News
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Marvell Technology clinches roughly $6 billion deal to buy Cavium: sources
(Reuters) – Chipmaker Marvell Technology Group Ltd has agreed to acquire smaller peer Cavium Inc for around $6 …read more Source: Reuters Tech News
Toshiba shares drop after plan to issue $5.4 billion in new shares
TOKYO (Reuters) – Shares of Toshiba Corp fell nearly 5 percent early on Monday, a day after the troubled conglomerate …read more Source: Reuters Tech News
IBM could be set for gains after long slump: Barron’s
NEW YORK (Reuters) – International Business Machines Corp could be the next blue-chip company with a rising valuation, according …read more Source: Reuters Tech News
Driverless cars set for UK budget boost: finance ministry
LONDON (Reuters) – British finance minister Philip Hammond’s budget statement this week will include measures to encourage the development of …read more Source: Reuters Tech News
Exclusive: Qualcomm set to win conditional Japanese antitrust okay for NXP deal – source
BRUSSELS (Reuters) – U.S. smartphone chipmaker Qualcomm is set to win “imminent” Japanese antitrust clearance for its $38-billion bid for …read more Source: Reuters Tech News
China Citic, Baidu launch direct bank in fintech push
BEIJING (Reuters) – China Citic Bank Corp and search engine giant Baidu Inc launched on Saturday a direct …read more Source: Reuters Tech News
Verizon close to announcing digital streaming deal with NFL: Bloomberg
(Reuters) – Verizon Communications Inc, no. 1 U.S. wireless carrier, is close to a new deal with the National Football …read more Source: Reuters Tech News
Brazil speaker wants city rules for Uber, other car-hailing apps
BRASILIA (Reuters) – The head of Brazil’s lower house of Congress said on Friday he hopes that the chamber will …read more Source: Reuters Tech News
Canadian grocery chain Loblaw says has ordered 25 Tesla electric trucks
TORONTO (Reuters) – Canadian grocery chain Loblaw Cos has placed an order for 25 of Tesla Inc’s new electric heavy …read more Source: Reuters Tech News