Tag Archives: Bloomberg

Symantec exploring breakup of company: Bloomberg

(Reuters) – Security software maker Symantec Corp is in advanced talks to split its business into two entities – one that sells security programs and another that does data storage, Bloomberg reported, citing people with knowledge of the matter. An … Continue reading

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France’s Iliad plans to bid for bigger T-Mobile stake: Bloomberg

(Reuters) – French low-cost telecom operator Iliad SA is gearing up to bid for a "significantly larger" stake in T-Mobile US Inc than it previously sought for in July, a Bloomberg report said, citing people familiar with the matter. Iliad, … Continue reading

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Alibaba plans to boost IPO size: Bloomberg

(Reuters) – Alibaba Group Holding Ltd is planning to increase the size of its initial public offering due to strong investor demand, Bloomberg reported, citing people with knowledge of the matter. The Chinese e-commerce company plans to increase the top … Continue reading

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Alibaba plans to close IPO order book early: Bloomberg

(Reuters) – Alibaba Group Holding Ltd [IPO-BABA.N] plans to close its IPO order book early after it received enough orders to sell all the shares in the record-breaking offering, Bloomberg reported, citing people with knowledge of the matter. The Chinese … Continue reading

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Apple to charge banks in new payment system: Bloomberg

(Reuters) – Apple Inc will charge fees from banks every time consumers use their iPhone to make purchases, a move that will give the company a cut of the growing mobile payments market, Bloomberg reported citing people with knowledge of … Continue reading

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Dish said to discuss T-Mobile deal with Deutsche Telekom: Bloomberg

(Reuters) – Dish Network Corp's chairman, Charlie Ergen, recently contacted Deutsche Telekom AG to express interest in acquiring the German company's unit, T-Mobile US Inc , Bloomberg reported, citing people with knowledge of the matter. Dish has told Deutsche Telekom, … Continue reading

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Bloomberg to take helm at data group

The announcement by Michael Bloomberg came as a surprise, although he had been spending increasing amounts of time at company’s Manhattan headquarters Asia homepage

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New Apple iPhone to have ‘mobile wallet’ function: Bloomberg

(Reuters) – Apple Inc plans to enable its next iPhone to become a mobile wallet by allowing owners to securely make mobile payments in a store with the touch of a finger, Bloomberg said on Sunday, citing a person familiar … Continue reading

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Square in talks for $200 mln funding: Bloomberg

(Reuters) – Mobile payment startup Square Inc, co-founded by Twitter Inc Chairman Jack Dorsey, is in talks to raise $ 200 million, at a valuation of $ 6 billion, Bloomberg reported, citing a person with knowledge of the matter. Some … Continue reading

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RadioShack shareholder negotiating rescue package: Bloomberg

(Reuters) – RadioShack Corp's second-largest shareholder, Standard General LP, is negotiating a rescue package with investors to help the consumer electronics retailer ward off bankruptcy, Bloomberg reported, citing people with knowledge of the matter. RadioShack shares were up 7.3 percent … Continue reading

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