Edition:
United States

Supantha Mukherjee

Broadcom to buy Symantec's enterprise unit for $10.7 billion in software push

Aug 08 2019

Chipmaker Broadcom Inc said on Thursday it will buy antivirus software maker Symantec Corp's enterprise security unit for $10.7 billion in cash to scale up its software business through deals.

Tesla stands by safety claims despite U.S. probes, subpoenas over crashes

Aug 07 2019

Electric carmaker Tesla Inc stood by its Model 3 safety claims on Wednesday in the face of regulatory scrutiny, while documents showed the top U.S. automotive safety watchdog issued at least five subpoenas since last year seeking information about crashes involving the company's vehicles.

Netflix sinks on subscriber losses, analysts still see growth

Jul 19 2019

Wall Street brokerages stuck to a positive outlook on Netflix Inc on Thursday, betting that a strong content slate for the rest of 2019 would reverse shock second-quarter losses in U.S. subscribers that sank its stock price. | Video

Weak Amazon, Alphabet results ignite growth worries

Oct 26 2018

Shares of Amazon.com Inc dropped by the most in four years on Friday after its outlook for holiday season sales missed targets, fanning concerns that Wall Street's tech darlings are finally starting to face stronger competition. | Video

Coding platform GitLab enters unicorn club after raising $100 million

Sep 19 2018

U.S. coding platform GitLab raised $100 million in its latest round of funding, catapulting the company into the unicorn club with a valuation of more than $1 billion.

Musk bid for Tesla: no formal offer, no firm deals with advisers

Aug 15 2018

(This August 14 story was corrected to say "private" instaed of "public" in paragraph 14) | Video

Musk says Silver Lake, Goldman advising on taking Tesla private

Aug 14 2018

Tesla Inc Chief Executive Elon Musk tweeted on Monday that he was working with buyout firm Silver Lake and investment bank Goldman Sachs Group Inc as financial advisers on his plan to take the U.S. electric car maker private. | Video

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