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Chipmaker Synaptics rejects Chinese firm’s offer: Bloomberg

(Reuters) – Touchscreen chip maker Synaptics Inc rejected an offer from a Chinese investment group valuing the company at nearly $4 billion, Bloomberg reported on Wednesday. Source
Posted On 01 Oct 2015

Short sellers cash in Apple bets as stock declines

SAN FRANCISCO (Reuters) – Many short sellers appear to have unwound their bets against Apple this week, and a 6 percent fall in the stock price suggests they made money as investor worries about the company countered a record launch of its newest iPhone. Source
Posted On 01 Oct 2015

Autonomy’s Mike Lynch counter sues HP over $11 billion deal

(Reuters) – British tech entrepreneur Mike Lynch on Thursday said he would file a claim against Hewlett-Packard for $150 million in damages over allegations the U.S company made about his role in the acquisition of his software company Autonomy in 2011. Source
Posted On 01 Oct 2015

Verizon launches new mobile video service ‘go90’

(Reuters) – Verizon Communications Inc launched its new mobile video app “go90” on Thursday, looking to corner market share in the mobile ad industry dominated by Google Inc and Facebook Inc. Source
Posted On 01 Oct 2015

Hackers attack forex broker FXCM

(Reuters) – FXCM Inc, an online foreign exchange broker, said its systems were hacked and a “small number” of unauthorized wire transfers were made from customer accounts, sending the company’s shares down 25 percent to a record low. Source
Posted On 01 Oct 2015

Apple appoints former Boeing CFO to its board

(Reuters) – Apple Inc said on Thursday it appointed James Bell, Boeing Co’s former chief financial officer, to its board. Source
Posted On 01 Oct 2015

Hewlett-Packard board approves split into two companies

(Reuters) – Hewlett-Packard Co said its board had approved the previously announced split of the company into two separate listed entities – computers and printers, and corporate hardware and services. Source
Posted On 01 Oct 2015

Online retailer dreams of printing off bespoke shoes at home

BERLIN (Reuters) – The co-founder of Australian online retailer Shoes of Prey, which allows customers to design their own footwear, hopes to one day allow customers to print out pairs at home as technology improves and consumer demand grows for personalized products. Source
Posted On 01 Oct 2015

Toshiba may axe TV & PC workers, seek partner for nuclear operations-CEO

TOKYO (Reuters) – Toshiba Corp may lay off staff in its underperforming home appliances, TV and PC businesses and seek a partner for its nuclear operations to overhaul the company after a $1.3 billion accounting scandal, its chief executive said on Thursday. Source
Posted On 01 Oct 2015

China’s Didi firms up anti-Uber alliance, invests in Indian app Ola

SHANGHAI/BEIJING (Reuters) – China’s most popular ride-hailing app Didi Kuaidi said on Monday it has invested in Indian peer Ola, forging a new alliance within a network of companies challenging U.S. rival Uber Technologies Inc [UBER.UL]. Source
Posted On 29 Sep 2015