Qualcomm misses revenue estimates, defends licensing model
(Reuters) – Qualcomm Inc reported a lower-than-expected 3.9 percent rise in quarterly revenue on Wednesday, and defended its licensing model...
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Cisco AppDynmaics deal seeks to boost ratio of software revenue
By Stephen Nellis (Reuters) – Cisco Systems Inc?s decision to acquire software startup AppDynamics for $3.7 billion, nearly double the...
Western Digital’s profit, revenue beat estimates
(Reuters) – Data storage company Western Digital Corp <WDC.O> reported higher-than-expected revenue and profit on Wednesday, helped by demand for...
BT Group faces U.S. lawsuits as Italian accounting scandal deepens
By Jonathan Stempel NEW YORK (Reuters) – BT Group Plc was hit on Wednesday with at least two shareholder lawsuits...
AppDynamics deal shows buyouts more lucrative in anemic IPO market
By Sweta Singh and Ankur Banerjee (Reuters) – Cisco Systems Inc’s <CSCO.O> surprise and costly acquisition of business software firm...
Apple sues Qualcomm in Beijing seeking 1 billion yuan
By Diane Bartz WASHINGTON (Reuters) – Apple Inc filed a lawsuit against Qualcomm Inc in Beijing, alleging the chip supplier...
JPMorgan clients to get easier access to online finance tools
By David Henry NEW YORK (Reuters) – JPMorgan Chase & Co <JPM.N> and Intuit Inc <INTU.O> said on Wednesday they...
French central bank chief urges insurers to step up cyber risk coverage
PARIS (Reuters) – France’s central bank governor called on French insurers to enhance cyber risk coverage for their clients, as...
Fintech sector needs more regulatory oversight: Bundesbank
WIESBADEN, Germany (Reuters) – Financial technology companies require greater oversight because they have the potential to disrupt the banking industry...