While the U.S. gave Huawei a 90-day reprieve, allowing American businesses to keep selling specific products to the Chinese firm, it also added more affiliates of the...Technologyread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
U.K. Prime Minister Boris Johnson told the EU that a Brexit deal can still be approved by U.K. lawmakers if Brussels agrees to scrapping the contentious Irish "backstop."read more
Baidu posted better-than-expected earnings for the June quarter, swinging back to profit and managing to stabilize its core ad business.Technologyread more
Several big Pimco funds controlled by Ivascyn have reportedly been trimming their bond market positions in the U.K. and Europe.World Marketsread more
United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with...US Marketsread more
While Hong Kong leader Carrie Lam painted a bleak picture of the city's economy, she expressed hope that dialogue with protesters could provide "a way out."China Politicsread more
China's pursuit of the Middle East may spur growth in the Islamic finance sector.World Economyread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
U.S. President Donald Trump and his former White House communications director Anthony Scaramucci have had a public falling out recently.Politicsread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
With more than $109 billion in cash and marketable securities on hand, Google is often at the center of M&A speculation — who the company should buy, who it missed out on. But CEO Sundar Pichai says the company has a "very high bar" to do a deal.
"Really we are always evaluating opportunities," he said on the company's Q4 earnings call. "To me it's been more about us finding the right fit rather than being constrained by anything in particular."
Google had a shot at open source software companies GitHub and Red Hat last year, but ultimately lost out to Microsoft and IBM respectively. CNBC reported in October that Google held talks with both companies, but was ultimately outbid or walked away. The company has also previously looked at Twitter and Snap, according to media reports.
With former Oracle executive Thomas Kurian replacing Diane Greene as Alphabet's new head of cloud, rumors are swirling about possible big acquisitions in the enterprise software space.
"It's always an important part of our strategy, and we have done great acquisitions in the past things like YouTube and Android Wear — big acquisitions for us," Pichai said. "And so we continue to look for opportunities ahead."