FRANKFURT/LONDON Seeking to escape a cycle of falling prices and tight regulation, big telecom operators from Vimpelcom to Telefonica are set to reinvent themselves as internet players to escape the industry's straight-jacket of low growth.
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Snap Inc appears set to make a splash next week with the biggest tech stock debut since Facebook Inc, but history suggests investors shut out of the initial public offering would be better off waiting a bit to chase this unicorn on the open market. | Video
LONDON Digital currency bitcoin jumped to a record high above $1,200 on Friday, as investors speculated the first bitcoin exchange-traded fund (ETF) to be issued in the United States is set to receive regulatory approval.
HANOI Samsung Electronics Co Ltd's display panel subsidiary has received a license to invest another $2.5 billion in Vietnam to boost capacity, Vietnam's State Television (VTV)reported.
HONG KONG China's securities regulator is considering offering a shortcut for some of the country's largest technology companies to list their shares, allowing them to jump a long line of applicants and boost domestic bourses, according to six people with knowledge of the proposals.
MUMBAI The founder of an Indian tech firm that shot to prominence by offering a $4 smartphone has been arrested on allegations of fraud, after a handset dealer accused the company of not refunding him for an unfulfilled order, the police said.
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