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Europe updates its predatory pricing investigation against Qualcomm over UMTS baseband chips

On the heels of Google getting served a $5 billion fine by the EU over monopolistic practices related to its Android operating system, the European…

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Wall Street lower on weak earnings, escalating trade tensions

(Reuters) – U.S. stock indexes were trading lower on Thursday, as a batch of weak quarterly reports dampened a robust earnings season and trade tensions…

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Blackstone still analyzing merits of possible C-Corp switch: COO

NEW YORK (Reuters) – Blackstone (BX.N) is still considering whether to convert to a corporation from a partnership and has been impressed by the stock…

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Royal Mail hit by shareholder revolt over bosses’ pay

Image copyright Getty Images Royal Mail shareholders have rebelled against its pay plans for top executives following a row over a salary rise for its…

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Comcast drops its pursuit of Fox, making way for Disney acquisition

Comcast announced this morning that it’s halting its efforts to acquire the film and television assets of 21st Century Fox. Disney made a deal to…

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Mark Zuckerberg Clarifies Why Facebook Allows Holocaust Denial and Other Conspiracy Theories

Facebook CEO Mark Zuckerberg is trying to clarify his controversial comments about Holocaust deniers after major backlash. During an interview, Zuckerberg is quoted saying some…

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Spotify’s new tool helps artists and labels reach its playlist editors

Spotify wants give artists and labels and easier way to submit their new music for playlist consideration. The streaming service this morning launched a feature,…

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UPDATE 1-Elevator maker Kone hit by China price pressure, raw materials

(Adds comments, background, M&A) By Jussi Rosendahl HELSINKI, July 19 (Reuters) – Elevator maker Kone reported on Thursday that its quarterly profits fell more than…

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Trump slams EU over $5 billion fine on Google

WASHINGTON (Reuters) – U.S. President Donald Trump on Thursday criticized the European Union and said the bloc was taking advantage of the United States, pointing…

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Printrbot has shut down

Printrbot, a popular Kickstarter-backed 3D printer company, has shut down, leaving only a barebones website and little explanation. The founder, Brook Drumm, wrote that “Low…

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