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Time Warner CEO says only AT&T approached with offer

Mon, 24 Oct 2016 08:01:47 -0400

(Reuters) - Time Warner Inc Chief Executive Jeff Bewkes said on Monday that AT&T Inc was the only company to make a takeover approach for the media group.(image)

T-Mobile beats profit estimates, raises customer additions forecast

Mon, 24 Oct 2016 08:27:16 -0400

(Reuters) - T-Mobile US Inc reported a better-than-expected quarterly profit and raised its forecast for customer additions for full-year as heavy discounting helped attract subscribers.(image)

Samsung offers upgrade program for South Korea Note 7 customers

Mon, 24 Oct 2016 04:59:52 -0400

SEOUL (Reuters) - Samsung Electronics is offering an upgrade program option to Galaxy Note 7 customers in South Korea who trade in their recalled device for a Galaxy S7 phone, marking its latest attempt to retain customers.(image)

AT&T-Time Warner deal sparks calls for scrutiny in Washington

Sun, 23 Oct 2016 21:52:13 -0400

WASHINGTON (Reuters) - AT&T Inc's proposed $85 billion takeover of Time Warner Inc generated skepticism among both Democrats and Republicans on Sunday, making it more likely that regulators will closely scrutinize the effort to create a new telecommunications and media giant.(image)

India's Ola ties up with BMW for luxury cabs segment

Mon, 24 Oct 2016 07:17:45 -0400

MUMBAI (Reuters) - Indian ride-sharing service Ola has partnered with German carmaker BMW to strengthen its luxury mobility segment, the app-based taxi aggregator said on Monday.(image)

Microsoft to raise enterprise prices in UK after pound plunges

Mon, 24 Oct 2016 05:05:08 -0400

LONDON (Reuters) - Microsoft plans to increase prices for some enterprise services by up to 22 percent in Britain following the plunge in the pound, likely hitting thousands of companies and government departments who rely on its cloud and software products.(image)

China electronics firm to recall some U.S. products after hacking attack

Mon, 24 Oct 2016 03:53:17 -0400

SHANGHAI (Reuters) - Chinese firm Hangzhou Xiongmai Technology Co Ltd said it will recall some of its products sold in the United States after it was identified by security researchers as having made parts for devices that were targeted in a major hacking attack on Friday.(image)

Major banks mark first-ever international trade using blockchain tech

Mon, 24 Oct 2016 01:18:27 -0400

SYDNEY (Reuters) - The first cross-border transaction between banks using multiple blockchain applications has taken place, Commonwealth Bank of Australia and Wells Fargo & Co said on Monday, resulting in a shipment of cotton to China from the United States.(image)

Samsung Electronics denies report of talks to buy French audio maker Focal

Mon, 24 Oct 2016 06:22:37 -0400

SEOUL (Reuters) - Samsung Electronics Co Ltd said on Monday a South Korean media report that the firm was in talks to acquire French audio equipment maker Focal for up to 300 billion won ($265.44 million) was not true.(image)

U.S. banks add pieces to new instant payments network

Mon, 24 Oct 2016 00:08:07 -0400

(Reuters) - By the end of December some U.S. bank customers may begin to notice features of the new Zelle instant payments network appearing on their mobile phone and online banking apps as the financial industry tries to catch up to technology company rivals, such as Venmo.(image)