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Exclusive: Qualcomm set to win conditional Japanese antitrust okay for NXP deal - source

Sat, 18 Nov 2017 13:24:59 -0500

BRUSSELS (Reuters) - U.S. smartphone chipmaker Qualcomm is set to win “imminent” Japanese antitrust clearance for its $38-billion bid for NXP Semiconductors and gain Europe’s approval by the end of the year with slight tweaks to its concessions, a person familiar with the matter said.(image)

Tesla's unfettered ambition will drain finances: analysts

Fri, 17 Nov 2017 17:18:52 -0500

(Reuters) - Tesla Inc may have to ask creditors and shareholders for more capital to fund development of an electric semi truck, a new roadster and accelerated production of a high-volume electric sedan, analysts said on Friday.(image)

Verizon close to announcing digital streaming deal with NFL: Bloomberg

Fri, 17 Nov 2017 20:30:25 -0500

(Reuters) - Verizon Communications Inc, no. 1 U.S. wireless carrier, is close to a new deal with the National Football League for digital streaming rights, Bloomberg reported, citing people familiar with the matter.(image)

China Citic, Baidu launch direct bank in fintech push

Fri, 17 Nov 2017 23:13:57 -0500

BEIJING (Reuters) - China Citic Bank Corp and search engine giant Baidu Inc launched on Saturday a direct banking joint venture, dubbed AiBank, to capitalize on China's rapidly growing fintech sector.(image)

Volkswagen accelerates push into electric cars with $40 billion spending plan

Fri, 17 Nov 2017 13:57:03 -0500

WOLFSBURG/HAMBURG (Reuters) - Volkswagen approved a 34 billion euro ($40 bln) spending plan on Friday that accelerates its efforts to become a global leader in electric cars.(image)

Apple pushes launch of HomePod smart speaker to early 2018

Fri, 17 Nov 2017 14:59:33 -0500

SAN FRANCISCO (Reuters) - Apple Inc has pushed the launch of its HomePod smart speaker to early next year from December, the company said on Friday, missing the holiday shopping season as the market for such devices becomes increasingly competitive.(image)

Exclusive: Toshiba set to OK $5 billion injection Monday to stay listed-sources

Fri, 17 Nov 2017 10:49:15 -0500

TOKYO (Reuters) - Toshiba Corp will decide on Monday to raise some $5 billion from overseas investors, allowing the troubled conglomerate to remain a publicly traded company even if the sale of a key business is delayed, two people with direct knowledge of the process said.(image)

Fork talk lifts bitcoin to all-time high near $8,000

Fri, 17 Nov 2017 14:32:42 -0500

LONDON (Reuters) - Bitcoin hit an all-time high just below $8,000 on Friday, on talk that a software upgrade whose suspension sent the cryptocurrency into a tailspin at the end of last week was, after all, going ahead within hours.(image)

Brazil speaker wants city rules for Uber, other car-hailing apps

Fri, 17 Nov 2017 18:00:14 -0500

BRASILIA (Reuters) - The head of Brazil's lower house of Congress said on Friday he hopes that the chamber will approve the Senate version of a bill regulating ride-hailing apps such as Uber Technologies Inc [UBER.UL].(image)

Canadian grocery chain Loblaw says has ordered 25 Tesla electric trucks

Fri, 17 Nov 2017 15:30:35 -0500

TORONTO (Reuters) - Canadian grocery chain Loblaw Cos has placed an order for 25 of Tesla Inc's new electric heavy duty trucks, a Loblaw spokeswoman said in a statement sent by email.(image)