The deal reportedly raises the media, sports and fashion agency's valuation to $5.5 billion. » Read More
Sprint, the No.4 U.S. wireless carrier, said its quarterly revenue fell 2.5 percent as it gave big discounts to attract more subscribers.
After years of on-and-off flirtations, Comcast is in talks to buy DreamWorks Animation, the New York Times reports.
Bidders involved said that they expected their offers to change considerably over time, Recode reports.
Yahoo has moved the deadline for its bids out another week to April 18, according to sources close to the situation. Re/code reports.
China shares eked out gains Tuesday even as most Asian markets slipped, with traders digesting weaker-than-expected trade data from the mainland.
Jim Cramer sees a lot of changes happening in the market, but they could just be buying time. Is this rally the real deal?
Markets in Australia, Japan, and South Korea closed down after a choppy trading session Wednesday, despite a positive finish in Wall Street overnight.
Asia traded broadly higher on Tuesday, extending Monday's rally, but experts were not convinced it was the end of the volatility.
Monkeys threw a wrench into Asian markets in the Lunar New Year's first week of trading, with sell-offs in Japan, Singapore and Down Under Wednesday.
Urban Engines is out to fix traffic congestion by giving cities and companies a map of everything happening on the roads and beyond.
GrabTaxi founder Anthony Tan reckons being local will give his Singapore-based start-up the edge over behemoth Uber in Asia.
Social robots are expected to make their way into more homes, recognize their users' faces, sense emotions and react accordingly.
MUMBAI, Jan 5- Netflix Inc's global expansion is set to reach movie-mad India, industry executives said, where high-speed Internet connectivity is rapidly spreading among a vast population used to paying pennies for their latest Bollywood fix. Slowing growth at home in the United States has put pressure on video-streaming service Netflix to grow...
Jan 4- Chinese property and investment firm Dalian Wanda Group has agreed to acquire a majority stake in Legendary Entertainment, valuing the U.S. movie studio company at between $3 billion and $4 billion, according to a person familiar with the matter. Wanda, controlled by China's richest man, Wang Jianlin, will own a little more than half of Legendary...
*Bank of Japan to invest $2.5 bln a year in exchange-traded funds. *BOJ already owns about half of Japan's ETF market. TOKYO, Jan 4- Japan's central bank, which dominates the domestic bond market, has begun to call the shots in the equity market as well-- to the point where asset managers are looking to design investment funds with the Bank of Japan in mind.
SINGAPORE, Dec 16- Sentiment at some of Asia's biggest firms deteriorated again in the fourth quarter, falling to a four-year low under the weight of concerns about slowing growth in China, the region's biggest economy, a Thomson Reuters/ INSEAD survey showed. China's economy- growing at its slowest pace in six years- ranked as the chief risk to corporate forecasts...
BEIJING, Dec 8- Ride hailing service Didi Kuaidi, Uber Technologies Inc's chief rival in China, said on Tuesday it had appointed Yahoo Inc co-founder and Alibaba Group Holdings Ltd investor Jerry Yang as a board observer and senior adviser. Yang's new positions at Didi Kuaidi add a new link in the cobweb of relations between the Chinese ride hailing company and...
NEW DELHI, Dec 4- Ride-hailing firms including China's Didi Kuaidi, GrabTaxi in Southeast Asia, India's Ola and U.S.-based Lyft have formed a global ridesharing partnership, strengthening their challenge to Uber in major markets. Didi, backed by Chinese tech giants Tencent Holdings and Alibaba Group Holding, already has a stake in Lyft, GrabTaxi and Ola.
SAN FRANCISCO/ BENGALURU, Dec 1- The board of Yahoo Inc is weighing a sale of its core Internet business when it meets this week, a source familiar with the matter told Reuters. Yahoo's core business, which includes popular services like Yahoo Mail and its news and sports sites, could attract private equity firms, media and telecom companies or firms like Softbank...
SAN FRANCISCO/ BENGALURU, Dec 1- The board of Web giant Yahoo Inc is set to discuss the company's future, and that of high-profile Chief Executive Marissa Mayer, when it meets this week, The Wall Street Journal reported late on Tuesday. Yahoo's core business, which includes popular services like Yahoo Mail and its news and sports sites, could attract private equity...