JERUSALEM (Reuters) – Uber faces a legal challenge in Israel, adding to the list of places where it is under scrutiny, after the country alleged unauthorized drivers were illegally paid using its network for a new car pooling app the company is pilotin…
TOKYO (Reuters) – SoftBank Group Corp said on Wednesday it plans to appoint heads of key overseas subsidiaries to the group’s board of directors, as the Japanese firm’s business focus moves away from its domestic market.
JERUSALEM (Reuters) – Microsoft has agreed to acquire cyber security firm Hexadite for $100 million, Israeli financial news website Calcalist reported on Wednesday.
DUBAI/BERLIN (Reuters) – Emaar Malls will buy a 51 percent stake in e-commerce fashion website Namshi from Global Fashion Group, a firm backed by Rocket Internet, for $151 million, a sign of growing demand for tech deals in the Middle East.
HELSINKI (Reuters) – Finnish mobile game maker Supercell has acquired a majority stake in London-based game studio Space Ape, the British company said on its website.
PRAGUE (Reuters) – Tech entrepreneurs in central and southeastern European, many of whom already have experience of launching their own businesses, are now having more success at enticing global investors the second time around.
HONG KONG (Reuters) – Electronic device makers such as Hong Kong-listed SUGA and other start-ups are looking to cash-in on a boom in China in so-called pet wearables, like smart collars, leashes and feeders.
(Reuters) – Uber Technologies Inc [UBER.UL] said on Tuesday it underpaid its New York City drivers for the past two-and-a-half years, an error that could cost the ride-hailing company tens of millions of dollars.
HELSINKI (Reuters) – Apple has settled a patent dispute with Finnish telecom equipment maker Nokia and agreed to buy more of its network products and services, sending Nokia shares up 7 percent.