Rocket Lab deploys its first smallsats
16h ago
  • Disney to challenge Netflix with new Apple-linked hire
    Disney to challenge Netflix with new Apple-linked hire
    1/19

    Disney hired Kevin Swint, a former executive of Apple and Samsung, to work at its BAMTech Media, a company that aims to be Netflix's top challenger, Variety reported on Friday.

    Swint will be collaborating with BAMTech CEO Mic...

  • Schlumberger reports revenue at $8.2B, up 3%
    Schlumberger reports revenue at $8.2B, up 3%
    1/19

    American oilfield services company Schlumberger reported on Friday its revenue for the fourth quarter of the fiscal year 2017 stood at $8.2 billion, increasing 3% from the same period a year ago. The company said its loss per share for t...

  • Kasperskaya: Bitcoin is project of US intelligence
    Kasperskaya: Bitcoin is project of US intelligence
    1/19

    Natalya Kasperskaya (pictured), the co-founder and former CEO of the Russian cybersecurity company Kaspersky Lab, claimed that the United States intelligence is behind Bitcoin, Sputnik reported on Friday.

    "Bitcoin is a proje...

  • Google signs patent agreement with Tencent
    Google signs patent agreement with Tencent
    1/19

    Search engine giant Google and Chinese tech multinational Tencent penned a deal on patent cross-licensing, Tech Chrunch reported on Friday. The team-up is reportedly to cover a broad range of technologies and products and stated to be &q...

  • HSBC to pay $101.5M in DoJ settlement
    HSBC to pay $101.5M in DoJ settlement
    1/19

    HSBC Holdings Plc announced it entered into an agreement with the United States Department of Justice (DoJ) to pay a settlement of $101.5 million over its foreign exchange markets manipulation. Under the agreement, the banking giant will...

  • Wyndham to acquire La Quinta's hotel franchise
    Wyndham to acquire La Quinta's hotel franchise
    1/19

    Wyndham Worldwide Corp. is acquiring La Quinta Holdings Inc.’s hotel franchise and management businesses, the companies announced in a joint statement on Thursday. The New Jersey-based hotel chain said it will pay $1.95 billion in ...

  • Spotify to launch multimedia format Spotlight
    Spotify to launch multimedia format Spotlight
    1/18

    Spotify announced on Thursday the launch of its new multimedia format, Spotlight. In a blog post, the streaming company said it will add visual elements, such as photos, video, and text to existing audio content like podcasts, audiobooks...

  • Amex reports loss per share at $1.41 in Q3
    Amex reports loss per share at $1.41 in Q3
    1/18

    American financial services company American Express, also known as Amex, reported on Thursday its fourth-quarter loss per share stood at $1.41 in 2017, down from earnings per share of $0.88 recorded in the same period of 2016. Amex note...

  • SoftBank becomes Uber's biggest stockholder
    SoftBank becomes Uber's biggest stockholder
    1/18

    SoftBank Group Corp.'s deal to invest $8.8 billion in Uber Technologies Inc. as the biggest entity in a consortium was closed on Thursday. The ride-hailing giant told the media it achieved "a great outcome" with Japan's...

  • Qualcomm's acquisition of NXP gets EU's green light
    Qualcomm's acquisition of NXP gets EU's green light
    1/18

    Margrethe Vestager, European commissioner responsible for competition, said on Thursday that Qualcomm Inc. won a conditional antitrust approval for its $47 billion agreement to buy NXP Semiconductors NV, based in the Netherlands. "W...

  • UK cryptocurrency wallet platform launches in US
    UK cryptocurrency wallet platform launches in US
    1/18

    British-based cryptocurrency wallet platform Blockchain announced on Thursday it launched its services in the United States starting today, CNBC reported. One of the biggest digital currency wallets in the world will now allow US custome...

  • Apple's back tax payments to Ireland to start in March
    Apple's back tax payments to Ireland to start in March
    1/18

    Derek Moran, secretary general of Ireland's Department of Finance, wrote in a letter to the Public Accounts Committee that the escrow agent or custodian for taxes owed by Apple Inc. will be identified by March, RTE reported on Thursd...

  • Amazon narrows group of HQ2 candidates to 20
    Amazon narrows group of HQ2 candidates to 20
    1/18

    Amazon.com Inc. vowed to make a decision this year about the site of its second headquarters and revealed the number of potential communities was cut to 20 from 238. In an update published on Thursday, the online retailing powerhouse sai...

  • Morgan Stanley posts revenues of $9.5B in Q4
    Morgan Stanley posts revenues of $9.5B in Q4
    1/18

    Morgan Stanley and Co. revenues in the fourth quarter of 2017 stood at better-than-expected $9.5 billion, increasing 5% from $9 billion in the same period a year ago, the financial firm revealed on Thursday. Excluding a tax provision of ...

  • Emirates saves Airbus' A380 with order of 36 jets
    Emirates saves Airbus' A380 with order of 36 jets
    1/18

    Emirates Airlines made an order for 36 A380 planes from the European plane maker Airbus SE for $16 billion, the airline announced on Thursday. The purchase is comprised of 20 firm orders and 16 options, to be delivered as of 2020. The or...