(Reuters) – Property data and analytics company CoreLogic rejected an unsolicited $7 billion takeover offer from two investment firms on Tuesday, saying it expected to earn more this year and would buy back more of its stock. A consortium of Cannae Holdings In... More »
BEIJING (Reuters) – Chinese tech giant Tencent Holdings said it will step up its investment overseas and in industries such as “smart retail”, having already invested in more than 800 companies. Those firms include 70 listed companies and over 160 are valued a... More »
(Reuters) – Apple Inc (AAPL.O) executives met James Bond franchise-owner MGM Holdings Inc and the collegiate athletic conference Pac-12 earlier this year as part of its efforts to boost the Apple TV service, the Wall Street Journal reported on.wsj.com/2PEGhH7 ... More »
TOKYO (Reuters) – Japan’s SoftBank Corp (9434.T) plans to merge internet unit Yahoo Japan with messaging app operator Line Corp (3938.T) to create a $30 billion tech giant, as it bags struggling internet companies to bulk up against rivals like Rakuten Inc (47... More »
(This January 24 story corrects throughout to say that the “Fruit Ninja” game deleted by the CAC was not developed by iDreamSky Technology Holdings Ltd, nor distributed by Tencent.) BEIJING (Reuters) – China’s cyber watchdog said on Thursday it has deleted clo... More »
JAKARTA (Reuters) – Indonesian conglomerate Lippo Group said on Tuesday it had invested 628 billion rupiah ($44.35 million) in Chinese internet giant Tencent Holdings Ltd through shares and equity-linked notes. Lippo said in a statement that the investment wou... More »
An app of the Chinese discount online retailer Vipshop Holdings Ltd is seen on a mobile phone in this illustration picture taken December 18, 2017. REUTERS/Florence Lo/Illustration BEIJING (Reuters) – Chinese internet giant Tencent Holdings Ltd (0700.HK) said ... More »
Earphones are seen on a tablet screen with a Spotify logo on it, in Zenica, Bosnia and Herzegovina, February 20, 2014. REUTERS/Dado Ruvic/File Photo – S1BETDCCQSAB (Reuters) – The music group of China’s Tencent Holdings Ltd and Sweden’s Spotify AB are in talks... More »
TOKYO (Reuters) – Property-and-casualty insurer Sompo Holdings Inc (8630.T) has set up a fintech hub in Israel, becoming the first Japanese insurer to do so in a country where it hopes to tap local expertise in digital and cyber-security technologies. Sompo, o... More »
A digital pill with an embedded sensor to track if patients are taking their medication. REUTERS/Proteus Digital Health (Reuters) – U.S. regulators have approved the first digital pill with an embedded sensor to track if patients are taking their medication pr... More »
The U.S. Food and Drug Administration said on Monday that it had approved Otsuka Pharmaceutical Co Ltd's Abilify MyCite, the first drug with a digital ingestion tracking system to be approved in the United States. More »
China Literature Ltd, China's largest online publishing and e-book company, launched an initial public offering for up to $1.1 billion on Monday, seeking funds for acquisitions and to expand its digital publishing business. More »
FILE PHOTO – Legend Holdings chairman Liu Chuanzhi attends a news conference on the company’s annual results in Hong Kong, China March 30, 2016. China’s Legend Holdings Corp is in talks on a potential investment in Qatari-owned Banque Internationale a Luxembou... More »
Logo of Tencent is displayed at a news conference in Hong Kong, China March 22, 2017. REUTERS/Tyrone Siu An executive at Tencent Holdings Ltd, China’s biggest social media and online entertainment company, said on Friday he expects its mobile messaging app WeC... More »
Auto portal Bitauto Holdings Ltd (BITA.N) has recently raised $1 billion from Tencent Holdings Ltd (0700.HK), Baidu Inc (BIDU.O) and JD.com Inc (JD.O) as it seeks to be China’s largest online car financing platform, its chief told Reuters on Thursday. More »
Tencent comany name is displayed at a news conference in Hong Kong, China March 17, 2016. REUTERS/Bobby Yip/File Photo Tencent Holdings Ltd said a consortium formed to buy game developer Supercell has raised $850 million by selling new shares to investors incl... More »
LONDON Japan’s SoftBank Group Corp (9984.T) has agreed to buy British chip designer ARM Holdings (ARM.L) for 24.3 billion pounds ($32 billion), in a deal that will retain the company’s management and grow its workforce. Arm, Britain’s preeminent technology com... More »
SINGAPORE Japan’s SoftBank Group Corp (9984.T) is close to buying ARM Holdings PLC (ARM.L) for $32 billion and an announcement could come as early as Monday, a source familiar with the matter said. SoftBank could not be immediately reached for comment on a pub... More »
Sears Holdings Corp (SHLD.O) named a former Johnson & Johnson (JNJ.N) executive to a new position as president of “hardlines” as the struggling retailer tries to stem the declining market positions of the Kenmore, Diehard and Craftsman brands. The new executiv... More »
