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Sorrell's S4 Capital seeks more deals in digital-only drive

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MUNICH (Reuters) – Martin Sorrell is on the lookout for acquisitions to expand his new advertising venture S4 Capital, aiming to capitalize on the disruption sweeping the industry by pursuing a pure-play digital strategy. FILE PHOTO: Sir Martin Sorrell attends a conference at the Cannes Lions International Festival of Creativity, in Cannes, France, June 22, Read More

REC Silicon – Presentation at the Pareto Securities Power and Renewable Energy Conference 2019

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Oslo, Norway – Januar 17, 2019: REC Silicon ASA (REC Silicon) Please find attached the REC Silicon presentation given by Tore Torvund, REC Silicon CEO, at the Pareto Securities Power and Renewable Energy Conference 2019 in Oslo, Norway today. For further information, please contact: Nils O. Kjerstad IR Contact Phone: +47 9135 6659 Email: nils.kjerstad@crux.no Read More

Airbnb says profitable for two straight years amid IPO talks

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The logos of Airbnb are displayed at an Airbnb event in Tokyo, Japan, June 14, 2018. REUTERS/Issei Kato (Reuters) – Home-renting company Airbnb Inc said on Tuesday it was profitable on an adjusted basis for the second year in a row, ahead of a widely anticipated initial public offering this year. Airbnb’s expected listing in Read More

Google sued over cover-up & payoffs in executive sexual misconduct

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Board members of Alphabet, the parent company of tech giant Google, are being sued by shareholders over multi-million payouts to top executives investigated for sexual harassment at the Silicon Valley behemoth. The lawsuit, filed on Thursday in California, claims that the board failed in its duty to shareholders by approving big severance payouts to executives Read More

Not worth it? Chinese resellers cut iPhone prices after Apple bombshell warning

1 week ago DieselGasoil Comments Off on Not worth it? Chinese resellers cut iPhone prices after Apple bombshell warning
China-based retailers have rolled out huge discounts on Apple phones, including the latest iPhone XR model. The generous offering comes after the US giant had to issue a rare gloomy revenue forecast for its sales in the country. Suning, one of the largest retailers in China, part of which is owned by Alibaba, and another Read More

Move aside, backseat driver! New tech at CES monitors you inside car

2 weeks ago DieselGasoil Comments Off on Move aside, backseat driver! New tech at CES monitors you inside car
LAS VEGAS (Reuters) – As vehicles get smarter, your car will be keeping eyes on you. This week at CES, the international consumer electronics show in Las Vegas, a host of startup companies will demonstrate to global automakers how the sensor technology that watches and analyzes drivers, passengers and objects in cars will mean enhanced Read More

SoftBank to invest additional $2 billion in WeWork: sources

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(Reuters) – SoftBank Group Corp (9984.T) will inject another $2 billion in WeWork Cos Inc this year, bringing the Japanese conglomerate’s total investment in the office space provider to more than $10 billion, according to two people familiar with the matter. FILE PHOTO – SoftBank Corp. placard is prepared during a ceremony to mark the Read More

Chinese tech investors flee Silicon Valley as Trump tightens scrutiny

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SAN FRANCISCO (Reuters) – New Trump administration policies aimed at curbing China’s access to American innovation have all but halted Chinese investment in U.S. technology startups, as both investors and startup founders abandon deals amid scrutiny from Washington. FILE PHOTO: U.S. President Donald Trump and China’s President Xi Jinping shake hands after making joint statements Read More

Trump to Apple: Move from China, make iPhones at home

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President Donald Trump has told Apple to make its products in the US instead of China. It comes shortly after the Silicon Valley giant’s lowered revenue forecast crashed the market, but Trump says he’s not concerned about it. “Apple makes its product in China. I told Tim Cook, who’s a friend of mine, Read More