Toshiba to invest in chip line without JV partner Western Digital Toshiba Corp (6502.T) said on Thursday it would go ahead with the capital investment to build a new memory chip production line without joint venture partner Western Digital Corp (WDC.O) as the two failed to reach an agreement about […]
China DiDi to back small Uber rival Taxify in Europe, Africa Chinese ride-hailing company DiDi Chuxing is investing an undisclosed amount in Estonian online taxi firm Taxify to help it expand in Europe and Africa, where it has gained share in some cities against U.S. player Uber. DiDi Chuxing will […]
Vivendi plan to limit Mediaset voting rights not enough if influence remains source Vivendi’s proposal to limit its voting rights at Mediaset to 9.9 percent was not sufficient in itself to allay regulator concerns if the French media group retained a significant influence at the Italian broadcaster, a source close […]
Goldman plans to expand online bank to Europe: treasurer Goldman Sachs Group Inc plans to open an online deposits business in Europe, the bank’s treasurer Robin Vince said on Tuesday. On Goldman’s fixed income earnings call, Vince said Goldman had added $5 billion of online deposits since it acquired General […]
Apple shares sail to record high on healthy iPhone sales Apple Inc on Tuesday delivered surprisingly strong fiscal third-quarter earnings and signaled that its upcoming 10th-anniversary phone lineup is on schedule, driving the stock up 6 percent to an all-time high in after-hours trading. The stock climbed above its intraday […]
Bitcoin splits, but clone off to slow start Bitcoin’s underlying software code was split on Tuesday, generating a new clone called “Bitcoin Cash,” but the new virtual currency got off to a slow start due to lackluster support for its network. The initiative was headed by a small group of […]
Apple doubles down on China as rivals pull ahead Apple Inc (AAPL.O) is binding itself more closely to China as its share of the world’s biggest smartphone market slips and it becomes more reliant on selling services which require government approval. A flurry of recent action by Cupertino-based Apple underlines […]
Shopify signs up more big brands, shares rise to record Canada’s Shopify Inc (SHOP.TO), (SHOP.N) reported better-than-expected quarterly results on Tuesday as it signed up more big brands on to its e-commerce platform, sending the company’s shares soaring as much as 15 percent to a record high. Shopify said more […]
Vivendi amends plan to settle regulatory concerns in Italy, watchdog says Vivendi has proposed amendments to how it plans to reduce its position of influence at Italian broadcaster Mediaset, Italy’s communications watchdog AGCOM said on Tuesday. The regulator added that further talks were necessary in order to have more details […]
Scientists turn to big data in hunt for minerals, oil and gas Scientists searching for everything from oil and gas to copper and gold are adopting techniques used by companies such as Netflix or Amazon to sift through vast amounts of data, a study showed on Tuesday. The method has […]
