Technology

STOCKHOLM/LONDON (Reuters) – Tencent-backed strategy and simulation games publisher Paradox Interactive expects more acquisitions and mobile gaming to help it meet sky-high investor expectations. The logo of Paradox Interactive is seen on the building of company’s headquarters in Stockholm, Sweden June 29, 2018. REUTERS/Helena Soderpalm Shares in the maker of games such as Stellaris have
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(Reuters) – U.S. chipmaker Qualcomm Inc (QCOM.O) on Friday extended the tender offer for its proposed $44 billion deal to buy NXP Semiconductors NV (NXPI.O) for the 29th time as it awaits clearance from the Chinese government. FILE PHOTO: A sign on the Qualcomm campus is seen in San Diego, California, U.S. November 6, 2017.
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SAN FRANCISCO (Reuters) – Danhua Capital has invested in some of Silicon Valley’s most promising startups in areas like drones, artificial intelligence and cyber security. The venture capital firm is based just outside Stanford University, the epicenter of U.S. technology entrepreneurship. FILE PHOTO: Stanford University’s campus is seen in an aerial photo in Stanford, California,
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(Reuters) – Twitter Inc (TWTR.N) on Thursday made it easier for users to identify political campaign ads and know who paid for them after a threat of regulation from the United States over the lack of disclosure for political spending on social media. FILE PHOTO: People holding mobile phones are silhouetted against a backdrop projected
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NEW YORK (Reuters) – Hedge fund manager Mike Novogratz’s investment fund has invested $20 million in a blockchain-based virtual reality platform called High Fidelity, the project’s chief executive officer and co-founder Philip Rosedale announced on Thursday. FILE PHOTO – Mike Novogratz, chief executive officer of Galaxy Investment Partners, speaks during the Reuters Global Investment Outlook
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WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday he will use a strengthened national security review process to thwart Chinese acquisitions of sensitive American technologies, a softer approach than imposing China-specific investment restrictions. The Treasury Department has recommended that Trump use the Committee on Foreign Investment in the United States (CFIUS), whose authority
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MILAN (Reuters) – Italy’s largest private media company, Mediaset, has opposed an attempt by its hostile shareholder, French media group Vivendi, to exercise its voting rights through a trust company. FILE PHOTO: The Mediaset tower is seen in Cologno Monzese neighbourhood Milan, Italy, in this April 7, 2016 photo. REUTERS/Stefano Rellandini//File Photo Mediaset and Vivendi
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MELBOURNE/SYDNEY (Reuters) – Chinese telecommunications equipment maker Huawei Technologies Co Ltd [HWT.UL] is the biggest corporate sponsor of overseas travel for Australian politicians, according to an analysis of travel disclosure registers by an Australian think-tank. FILE PHOTO: The Huawei logo is seen during the Mobile World Congress in Barcelona, Spain, February 26, 2018. REUTERS/Yves Herman
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NEW YORK (Reuters) – Bitfinex Chief Strategy Officer Phil Potter is leaving the cryptocurrency trading platform, the executive and the exchange told Reuters on Friday. FILE PHOTO: Photo illustration of Bitfinex cryptocurrency exchange website taken September 27, 2017. REUTERS/Dado Ruvic/Illustration Potter will be replaced in the interim by Chief Executive JL van der Velde, the
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(Reuters) – A machine used for paper recycling caught fire Thursday night at Tesla Inc’s (TSLA.O) Fremont, California, campus, outside the company’s car production factory, but manufacturing was not affected, the company said. The Tesla factory is seen in Fremont, California, U.S. June 22, 2018. REUTERS/Stephen Lam The fire occurred after a cardboard baling machines
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(Reuters) – Tesla Inc said it suffered a fire Thursday night at its Fremont facility. FILE PHOTO: The Tesla logo is seen at the entrance to Tesla Motors’ new showroom in Manhattan’s Meatpacking District in New York City, U.S., December 14, 2017. REUTERS/Brendan McDermid/File Photo “Last night, the structure outside our factory that houses the
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