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Broadcom says fake Department of Defense memo seeks review of CA Technologies deal
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(Reuters) – The U.S. Department of Defense said on Wednesday that a memo purporting to show the Pentagon asking for a national security review of chipmaker Broadcom Inc’s (AVGO.O) $19 billion deal to buy software company CA Technologies (CA.O) was likely fake. A sign to the campus offices of chip maker Broadcom Ltd, is shown […]

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Pentagon says memo asking for Broadcom-CA deal review is likely fake
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(Reuters) – The U.S. Department of Defense said on Wednesday that a memo purporting to show the Pentagon asking for a national security review of chipmaker Broadcom Inc’s (AVGO.O) $19 billion deal to buy software company CA Technologies (CA.O) was likely fake. A sign to the campus offices of chip maker Broadcom Ltd, is shown […]

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Sears Stock Rallies After Amazon Deal Gives Its Stores a Surprise Boost
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The summer of 2018 has been another tough period for Sears, but there’s one thing that has reliably helped lift the retailer’s share price: Amazon. On Tuesday, Sears Holdings announced that it’s expanding a pilot program with Amazon to install and balance automobile tires that consumers buy through Amazon. Under the partnership, Amazon shoppers who […]

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Chipmaker Broadcom plans $19 billion deal to buy software company CA
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(Reuters) – Broadcom Inc (AVGO.O) plans to acquire U.S. business software company CA Inc (CA.O) in a $19 billion deal aimed at diversifying Broadcom beyond semiconductors, but Wall Street analysts were immediately skeptical. FILE PHOTO: A sign to the campus offices of chip maker Broadcom Ltd, who announced on Monday an unsolicited bid to buy […]

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Fitbit Strikes Deal With Google That Could Lead to Wearables Collaboration
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Fitbit has teamed up with Google in an effort to get more deeply involved in the healthcare sector. The fitness tracker maker announced on Monday that it would use Google’s recently announced health data standards for apps, known as the Google Healthcare API, to connect its wearable devices to the electronic medical records systems used […]

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Bitcoin exchange reaches deal with Barclays for UK transactions
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LONDON (Reuters) – One of the biggest bitcoin exchanges has struck a rare deal which will allow it to open a bank account with Britain’s Barclays, making it easier for UK customers of the exchange to buy and sell cryptocurrencies, the UK boss of the exchange said on Wednesday. Workers are seen in at Barclays […]

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Alibaba signs deal to offer Disney shows on video platforms
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SINGAPORE (Reuters) – Alibaba Group Holding Ltd’s entertainment arm has signed a licensing agreement with Walt Disney Co in a deal that will provide the Chinese group’s Youku video streaming platform with the largest Disney animation collection in China. Alibaba said in a press release on Monday that the multi-year licensing agreement signed between Alibaba […]

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Alibaba kicks off sponsor deal in Pyeongchang
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PYEONGCHANG (Reuters) – Alibaba Group Holding Ltd (BABA.N) is launching a project that will create a “smarter” and more connected athletes’ village and stadia and make all Olympics stakeholders “more money”, its executives said on Saturday. Many of Alibaba’s plans are still concepts since it has not had enough time to implement its technology after […]

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Ex-Trump aide Carter Page tells court to stop AT&T Time Warner deal
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WASHINGTON (Reuters) – Former Trump campaign adviser Carter Page argued in court papers on Tuesday that AT&T Inc (T.N) should not be permitted to buy CNN parent Time Warner Inc (TWX.N) because there was a risk it would lead to “recklessness” in journalism. FILE PHOTO – One-time advisor of U.S. president-elect Donald Trump Carter Page […]

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