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Eric Platt / Financial Times:
Broadcom completes its legal move back to US, exchanges ordinary shares of Broadcom Ltd. on a one-for-one basis for new shares of common stock of Broadcom Inc.   —  Broadcom's sojourn to Singapore — a location that ultimately helped sink its $142bn takeover of US chipmaker Qualcomm — has come to an end.
Apr 4, 2018, 5:50 PMIn context
Financial Times:
Document reveals Facebook was informed in 2014 that Aleksandr Kogan's company's survey app could sell user data, which broke with Facebook's policy at the time   —  Facebook was informed that the app at the centre of a massive data leak could sell user data to third parties …
Mar 29, 2018, 8:35 PMIn context
Alice Woodhouse / Financial Times:
Foxconn subsidiary FIT Hon Teng announces it will acquire Belkin, which owns Linksys and Wemo brands, for $866M, by way of a merger   —  A Hong Kong-listed subsidiary of Taiwan-based iPhone supplier Foxconn said on Tuesday it had agreed to buy US consumer electronics maker Belkin International for $866m by way of a merger.
Mar 26, 2018, 9:46 PMIn context
Martin Arnold / Financial Times:
Saga foundation, representing a group of well-known economists, says it raised $30M and debuts Saga cryptocurrency, which they say will avoid Bitcoin's pitfalls   —  Some of the world's best-known economists on Thursday announced plans to create what could be described as the thinking person's cryptocurrency.
Mar 22, 2018, 3:56 PMIn context
Simon Mundy / Financial Times:
How Reliance Jio, with a $32B investment and 150M subscribers, is turbocharging mobile data consumption in India and triggering a wave of industry consolidation   —  Mukesh Ambani's love affair with telecoms began more than 15 years ago, when he spearheaded a move into the sector by his family's Reliance Industries conglomerate.
Mar 19, 2018, 2:50 AMIn context
Financial Times:
Sources: Paul Jacobs, former Qualcomm executive chairman and son of the founder, informed the company board that he is considering bid to take Qualcomm private   —  James Fontanella-Khan in New Orleans, Tom Braithwaite in San Francisco and Arash Massoudi in Helsinki March 15, 2018
Mar 16, 2018, 12:05 PMIn context
Aliya Ram / Financial Times:
Uber plans to expand UberEats to 100 new cities across Europe, including 40 in UK, 35 in France, says UberEats is profitable in 45 of 200 cities it operates in   —  Uber is increasing investment in food delivery this year with plans to launch its UberEats takeaway app in 100 new cities across Europe …
Mar 12, 2018, 6:50 AMIn context
Financial Times:
Analysts say Facebook's recent licensing deals with music labels, including Universal and Sony/ATV, could signal plans to move more deeply into music business   —  The most-shared piece of content on Facebook last year was not a fake news article, Kremlin-connected advert or conspiracy theory …
Mar 6, 2018, 7:05 PMIn context
Financial Times:
Sources: Saudi Arabia's sovereign wealth fund in talks to invest up to $400M in Magic Leap at ~$6B valuation, would bring Magic Leap's funds raised to $2.3B   —  Saudi Arabia's sovereign wealth fund is in talks to invest as much as $400m in Magic Leap in a deal that would take the US tech …
Feb 23, 2018, 6:25 PMIn context
Hannah Murphy / Financial Times:
France's regulator Autorité des Marchés Financiers says cryptocurrency derivatives will be regulated like other financial derivatives, no online ads allowed   —  France's financial regulator has said that financial products based on cryptocurrencies should be formally regulated as derivatives …
Feb 22, 2018, 10:30 PMIn context

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