Netflix to roll out cheaper mobile-only plan for India
Netflix Inc said on Wednesday it would roll out a lower-priced mobile-only plan in India within the next three months to tap into a price-sensitive...
TSMC’s second-quarter profit edges down, largely in line with estimates
Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chipmaker, posted second-quarter profit largely in line with estimates on Thursday, amid sluggish demand from...
SAP says big margin gains to wait till 2020
SAP told investors they can expect a major improvement in margins only next year as the German business software group reported a 21% decline in...
Online bank N26 extends latest funding round in expansion push
Berlin-based N26 said on Thursday it raised an additional $170 million in its latest funding round, driving up its valuation to $3.5 billion, as the...
SoftBank’s Son says Japan lacks investment opportunities, is AI ‘developing country’
SoftBank Group Corp founder and Chief Executive Masayoshi Son said on Thursday that there is a dearth of investment opportunities in Japan, which he said...
Japan to lead development of SWIFT network for cryptocurrency: source
Japan’s government is leading a global push to set up an international network for cryptocurrency payments, similar to the SWIFT network used by banks, in...
Qualcomm set to face second EU antitrust fine shortly: sources
Qualcomm, the world’s no.1 chipmaker, could be hit with a second EU antitrust fine as soon as Thursday for blocking a rival from the market...
U.S. Senator Schumer asks FBI, FTC to probe Russia’s FaceApp over security concerns
U.S. Senate minority leader Chuck Schumer called on the FBI and the Federal Trade Commission to conduct a national security and privacy investigation into Russia-based...
MercadoLibre preps to offer investment platform for e-wallet users
MercadoLibre Inc, Latin America’s top e-commerce platform, is taking its latest step into the world of banking, saying on Wednesday that it would start allowing...
Netflix shares plunge as global growth falls short, U.S. customers shrink
Netflix Inc said on Wednesday it lost U.S. streaming customers for the first time in eight years and missed targets for new subscribers overseas, an...