BREAKING NEWS
  • GOOG836.82-0.35 -0.04%
  • EGFDF+0.000 +0.000%
  • AAPL141.20-0.63 -0.44%
  • WFC52.45-0.27 -0.51%
  • IBM170.05-1.05 -0.61%
  • MCD132.30+0.95 +0.72%
  • X28.73-0.15 -0.52%
  • AA31.76+0.45 +1.44%
  • DXJ48.05-0.39 -0.81%
  • FXI37.80-0.66 -1.72%
  • FCX12.47-0.28 -2.20%
  • MON115.94-0.25 -0.22%
  • DE108.47-0.33 -0.30%
  • KO43.48+0.41 +0.95%
  • JNJ121.82-3.90 -3.10%
  • NVS72.93-0.40 -0.55%
  • HAL48.53-0.31 -0.63%
  • SLB77.93-0.31 -0.40%
  • GE29.84+0.20 +0.67%
  • MRK62.27-0.53 -0.84%
  • PCLN1763.31-7.30 -0.41%
  • FB140.96-0.46 -0.33%
  • POT16.53-0.14 -0.84%
  • WP Stock Ticker

Xiaomi takes first big step outside Asia with Brazil smartphone

SAO PAULO (Reuters) – Chinese smartphone maker Xiaomi has started making devices in Brazil for sale locally, promising to dramatically undercut rivals on price in the first big step beyond Asia for the world’s most valuable technology start-up. Source
Posted On 01 Jul 2015

Tiger’s Robertson says ‘extremely positive’ on Apple: CNBC

NEW YORK (Reuters) – Julian Robertson, head of hedge fund Tiger Management, said Tuesday that he was “extremely positive” about Apple Inc and that Chief Executive Officer Tim Cook was the “perfect person” to lead the company. Source
Posted On 01 Jul 2015

Exclusive: U.S. should spurn Russia rocket engines despite SpaceX failure – McCain

WASHINGTON (Reuters) – The failure of a SpaceX rocket over Florida on Sunday should not lead U.S. officials back to Russia to look for a rocket engine that can get military equipment into space, Senate Armed Services Committee Chairman John McCain said on Monday. Source
Posted On 30 Jun 2015

Qualcomm has no plans to spin off chip business at present: chairman

SEOUL (Reuters) – U.S. chipmaker Qualcomm Inc has no plans to spin off its chips business at present, Executive Chairman Paul Jacobs said on Tuesday, despite recent investor pressure to do so amid intensifying industry competition. Source
Posted On 30 Jun 2015

EU in preliminary deal to scrap mobile roaming fees by mid-2017

BRUSSELS (Reuters) – The European Union reached a preliminary deal on Tuesday to scrap mobile roaming charges across the 28-country bloc by June 2017 as part of an overhaul of the continent’s telecoms market to boost growth and innovation. Source
Posted On 30 Jun 2015

Exclusive: Amazon looks to offer loans to sellers in China, seven other countries

CHICAGO (Reuters) – Amazon.com Inc will start a business loan program for small sellers in the United Kingdom on Tuesday and is looking to launch it this year in seven more countries including China. Source
Posted On 30 Jun 2015

Microsoft hands display ads to AOL, maps to Uber

SEATTLE (Reuters) – Microsoft Corp said on Monday it will hand over its display advertising business to AOL Inc and sell some map-generating technology to ride-hailing app company Uber, as it slims down its money-losing online operations. Source
Posted On 30 Jun 2015

U.S. Office of Personnel Management to suspend IT system after hack

WASHINGTON (Reuters) – The U.S. Office of Personnel Management (OPM) said on Monday it would temporarily suspend a program it uses to complete background investigations, following a data breach that compromised the personal information of millions of Americans. Source
Posted On 30 Jun 2015

AT&T, DirecTv extend ‘termination date’ for second time

(Reuters) – AT&T Inc , the No. 2 U.S. telecom company, said it has extended the “termination date” of the merger agreement with satellite TV provider DirecTV for “a short period of time”, the second time in two months. Source
Posted On 30 Jun 2015

Nokia signs 3G deal with Bharti Airtel to cover big Indian states

MUMBAI/FRANKFURT (Reuters) – Network equipment maker Nokia has signed up India’s largest mobile operator Bharti Airtel to supply it with 3G wireless network gear covering some of the most populous regions in India, the Finnish company said on Tuesday. Source
Posted On 30 Jun 2015