Market News
Qualcomm-NXP deal getting delayed, thanks to China-US spat
We had last month listed the companies that would be affected in the event of a trade war between the…
Customer abuse: Wells Fargo may revise down Q1 numbers over $1-bln fine
For the last several years, Wells Fargo (WFC) has been making news for all the wrong reasons. During the long-drawn…
Everyone in entertainment biz wants a slice of the Netflix pie
The pace at which Netflix (NFLX) is signing partnership agreements with streaming companies and cable TV operators across the world…
GoPro finally gets a date, and it’s Xiaomi
It appears Chinese smartphone giant Xiaomi Inc. is interested in buying GoPro Inc. (GPRO) for about $1 billion, but not…
Jobless claims dip indicating better labor market
Fresh applications for unemployment benefits in the US saw a decline last week, hinting a healthy labor market. Unemployment benefit…
Shares jump as Broadcom board gives the green light to $12-billion share buyback
Chipmaker Broadcom Inc. (AVGO) announced that its Board of Directors authorized the buyback of up to $12 billion of its…
Toys ”R” Us receives billion-dollar bid for its profitable Asian business
Troubled toy retailer Toys “R” Us, which is in the midst of winding its US and UK operations, was reportedly…