SpftBank is set to raise Japan's biggest-ever IPO at 2.65 trillion yen (US$23.5 billion) which would make the company a monolithic global tech investor from being considered to be a domestic telecom company of Japan.   1500 yen is the price of a stock that has been fixed by the telcom unit...

A court in China found that many of the older Apple Inc iPhone models that are being sold in the Chinese market violated two patents of chipmaker Qualcomm Inc and as such the court imposed a ban on the sale of such iPhone models even though Apple Inc has said that it continues to sell all of its...

According to a Canadian prosecutor quoted in news reports, the arrested chief financial officer of Huawei Technologies Co Ltd was behind creating a cover up of the links of the Chinese tech giant with a company that had attempted to sell its equipment top Iran amidst the US embargo. This was said...

According to media reports, the much awaited initial public offering (IPO) of Uber Technologies Inc is set to launch anytime soon as the company has reportedly filed paperwork for the purpose. This IPO has gain investors’ attention because of the controversial and fast growing nature of Uber. ...

There was a furious reaction by China to the arrest of a top executive and daughter of the founder of Chinese telecom giant Huawei in Canada after an extradition request was placed by the United States. This development has threatened to destabilize the temporary truce between the US and China was...

While Apple Inc. has been facing trouble with reduced demand for its latest launched iPhone models and with a number of its key suppliers and assemblers issuing profit warnings for the current year, the company’s shares were downgraded by lender HSBC.   Its analyst Erwan Rambourg downgraded...

Concerns of consumers and investors about the increase of the costs and price for PayPal’s payment services and the concerns by anti-trust bodies about reduced competition because of the acquisition of European technology start-up iZettle in a deal worth $2.2 billion were completely dismissed by...

While it can be a very desirable concept to see conventional engine powered cars being replaced by the next generation electric vehicles, it5 also costs a lot of money. And this has been proved to the correct once again – this time by Audi which it has agreed to spend on development of the next...

Even as top executives of German car companies gathered in the United States capital Washington in the hope of avoiding potential import tariffs on luxury cars by the Donald Trump administration, the World Trade Organization (WTO) warned on Tuesday of he crisis that is being faced by the global...

In what is another blow to the image and reputation of the German lender Deutsche Bank, following a string of scandals and fines that already had waned its image among investors, the lender’s headquarters in Frankfurt was raided by the German police as a part of the investigations into the alleged...

HP reported its fourth quarter revenues higher than what analysts were expecting which helped its stocks to surge in late trading on Thursday as the company ended a positive quarter.   The Palo Alto, California-based company reported a net income of $1.5 billion, or 91 cents per share for...