Sunday July 22, 2018 6:49:18 PM PDT - Whoever said you can't buy Happiness forgot little puppies. - Gene Hill




Sun, 22 Jul 2018 19:34:53 -0400

Europeans press for digital tax at G20 meeting

European finance leaders called for progress on global rules to tax the digital economy at a meeting of G20 finance ministers and central bankers in Argentina on Sunday, putting them at odds with U.S. counterparts.

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Sun, 22 Jul 2018 17:32:04 -0400

Atos to buy Syntel for about $3.57 billion

French technology services company Atos SE agreed to acquire Michigan-based Syntel Inc in an all-cash transaction valued at about $3.57 billion, including net debt, the companies said on Sunday.

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Sun, 22 Jul 2018 13:47:00 -0400

China's plans move into Europe: CEO tells German newspaper

Chinese e-commerce company plans to expand in Europe and aims to have finalised its strategy for entering the market by the end of the year, its chief executive told a German newspaper.

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Sat, 21 Jul 2018 11:51:23 -0400

Alibaba, Tencent in talks over stake in WPP's Chinese unit: Sky News

Chinese conglomerates Alibaba and Tencent are involved in talks to buy a minority stake in advertising giant WPP's Chinese unit, Sky News reported on Saturday, citing unidentified sources.

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Sat, 21 Jul 2018 03:44:18 -0400

Amazon, Toyota, Alcoa and others working to counter Trump's tariff plans

Big companies in the United States from Inc to Toyota Motor Corp and Alcoa Corp are working to counter the effect of the Trump administration's trade policies and to head off new tariffs.

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Fri, 20 Jul 2018 21:57:15 -0400

Cryptocurrency exchange Coinbase forms political action committee

Coinbase has formed a political action committee (PAC) to raise money to spend on U.S. elections, the cryptocurrency exchange said in a filing made public on Friday.

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Fri, 20 Jul 2018 19:17:03 -0400

U.S. lawmakers cut anti-ZTE measure from defense bill

U.S. lawmakers cut measures from a defense bill that would have reinstated sanctions on China's ZTE Corp, abandoning an attempt to punish the company for illegally shipping U.S. products to Iran and North Korea.

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Fri, 20 Jul 2018 16:17:31 -0400

Microsoft shares at all-time high after bumper results

Microsoft Corp shares rose about 5 percent to an all-time high on Friday, after investors cheered another blockbuster quarter, backed by growth in its legacy software business and Azure cloud computing services.

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Fri, 20 Jul 2018 12:20:18 -0400

Russian government: Telcoms face cost hike from new security law

Russian telecoms operators will have to ramp up charges by up to 10 percent to cover costs they will incur implementing new laws designed to give state security greater oversight over telecoms, according to an estimate from the main security agency.

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Fri, 20 Jul 2018 12:09:53 -0400

GE beats on EPS but trims cash flow target; shares fall

General Electric Co reported a smaller-than-expected drop in profit on Friday, but cut a key financial target, raising questions about its full-year outlook and sending shares sharply lower.

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Fri, 20 Jul 2018 11:45:54 -0400

India's Wipro sees strong demand for services from financial clients

Indian IT company Wipro Ltd said it was seeing strong demand for its services from clients in banking, financial services and insurance (BFSI), while it faces challenges in its India business and in the U.S. healthcare sector.

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Fri, 20 Jul 2018 11:44:22 -0400

Cyberattack on Singapore health database steals details of 1.5 million, including PM

A major cyberattack on Singapore's government health database stole the personal information of about 1.5 million people, including Prime Minister Lee Hsien Loong, the government said on Friday.

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Fri, 20 Jul 2018 10:29:56 -0400

AT&T reveals three more cities for 5G launch by end of year

AT&T Inc on Friday named Oklahoma City, Charlotte and Raleigh, North Carolina, as three more cities where it plans launch its next-generation wireless network, or 5G, by the end of the year.

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Fri, 20 Jul 2018 08:30:32 -0400

Apple Watch, FitBit could feel cost of U.S. tariffs

The latest round of U.S. tariffs on $200 billion of Chinese goods could hit the Apple Watch, health trackers, streaming music speakers and other accessories assembled in China, government rulings on tariffs show.

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Fri, 20 Jul 2018 02:06:14 -0400

SoftBank's Vision Fund to invest $1 billion in China AI startup: Bloomberg

SoftBank Group Corp's Vision Fund is seeking to invest almost $1 billion in SenseTime Group Ltd, a Chinese facial recognition technology developer, Bloomberg reported on Friday.

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Thu, 19 Jul 2018 21:54:24 -0400

Exclusive: Tesla's battery maker suspends cobalt supplier amid sanctions concern

Panasonic Corp said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba, a country subject to U.S. sanctions, and that it had suspended relations with a Canadian supplier as a result of its concerns.

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Thu, 19 Jul 2018 19:15:31 -0400

At patent trial, Groupon casts IBM as shaking down other tech companies

A lawyer for discount e-commerce company Groupon Inc told a court in Delaware on Thursday that International Business Machines Corp has shaken down practically every large tech firm for patent fees.

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Thu, 19 Jul 2018 18:44:22 -0400

Microsoft beats Wall Street targets on cloud services revenue

Microsoft Corp on Thursday posted quarterly profit and revenue that beat analysts' estimates, as more businesses signed up for its Azure cloud computing services and Office 365 productivity suite.

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Thu, 19 Jul 2018 16:29:10 -0400

Comcast concedes to Disney in bidding war for Fox assets

Comcast Corp dropped its $66 billion bid for Twenty-First Century Fox Inc's entertainment assets on Thursday but said it would still try to expand its international footprint by acquiring 61 percent of European broadcaster Sky Plc , the remainder of which is owned by Fox.

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Thu, 19 Jul 2018 16:05:49 -0400

Trump slams EU over $5 billion fine on Google

U.S. President Donald Trump on Thursday criticized the European Union over a record $5 billion fine EU antitrust regulators imposed on Google, saying the bloc was taking advantage of the United States.

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