Toshiba offered $17.9 billion for chip unit by Silver Lake and Broadcom: Nikkei

TOKYO U.S. private equity firm Silver Lake Partners LP and U.S. chipmaker Broadcom Ltd have offered Toshiba Corp about 2 trillion yen ($17.9 billion) for its chip unit, the...

Australia to bar banks from bargaining collectively with Apple over payments

SYDNEY Australia's competition regulator on Friday said it would bar a group of the country's largest banks from bargaining collectively for access to Apple Inc's contactless payment function, potentially setting...

Verizon looking to launch online TV service: sources

The No. 1 U.S. wireless carrier Verizon Communications Inc has been buying streaming rights from television network owners ahead of a nationwide launch of an online TV service, according...

Uber settles with Pennsylvania regulator following record fine

Uber Technologies Inc has reached a settlement with Pennsylvania's taxi regulator to end the ride-sharing company's appeal of a record $11.4 million fine for operating illegally.A notice posted on Tuesday...

FCC to vote to reform $45 billion business data market

By David Shepardson | WASHINGTON WASHINGTON The Republican head of the...

U.S. judge clears Toshiba's Westinghouse to tap bankruptcy loan

A U.S. bankruptcy judge on Thursday cleared Westinghouse Electric Co, a unit of Japan's Toshiba Corp (6502.T), to borrow an initial $350 million to support the company's global operations while...

China's LeEco secures $2.2 billion for expansion from new investors

TAIPEI Chinese tech conglomerate LeEco has successfully raised nearly $2.2 billion from new investors including Tianjin Jiarui Huixin Corporate Management Company and property developer Sunac China Holdings (1918.HK), stock market...

Investors bet on a quiet tech revolution in Europe

LONDON It's not banking or mining shares, but rather technology stocks, that have come up trumps in Europe this year and are poised to end the first quarter as the...

Coty says not against online sales, wants to protect luxury brands

By Foo Yun Chee | LUXEMBOURG LUXEMBOURG German beauty products maker...

U.S. awards AT&T contract to build wireless network for first responders

The United States on Thursday awarded a contract to AT&T Inc to build a nationwide wireless broadband network to better equip first responders, years after a federal commission recommended setting...

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In search and rescue, tech can make the difference between life...

The allure of the wilderness is the simple enjoyment and ability to go off the grid, but when a hiker gets lost in...