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Singapore-based ride-hailing firm acquires Indian startup to boost mobile payment system

Singapore-based ride-hailing service Grab, identified as Uber’s biggest competitors in Southeast Asia has acquired Indian-based startup iKaaz in an effort…

Qualcomm touts $1bn cost reduction strategy to fend off Broadcom

In a letter to stockholders ahead of its 2018 Annual Meeting of Stockholders to be held on March 6, Qualcomm…

Chinese technology conglomerate acquires 12% stake in Snapchat

Chinese technology and media conglomerate Tencent Holdings Ltd have formally announced that they have invested almost $2 billion to acquire…

China Mobile considering purchase of Brazil’s Oi unit

China Mobile is reportedly in talks with Brazil’s telecom regulator to purchase Brazilian telecom provider Oi SA’s mobile phone division.…

Western Digital CEO in Japan to seal agreement to buy Toshiba’s chip business

Western Digital Corp’s chief executive has flown to Japan to engage in final discussions with Toshiba over the sale of…

Toshiba set to end long-running saga by selling memory chip business to Western Digital

Japanese conglomerate Toshiba is set to end its long-running feud with Western Digital – following its confirmation that it is…

SoftBank announces agreement to acquire Boston Dynamics from Alphabet Inc.

Japan’s SoftBank Group Corp announced a subsidiary of SoftBank has entered into a definitive agreement to acquire robotics pioneer Boston…

Indian telecommunication firm sells stake in tower unit Infratel for $952m

Indian telecommunications colossus Bharti Airtel has sold off its stake in tower unit Infratel in an effort to reduce the…

South Korean chipmaker submits bid for stake in Toshiba memory business

South Korean chipmaker SK Hynix has submitted a bid for a stake in Toshiba Corp’s memory chip business. Management identified…

New Zealand’s Spark in talks to acquire small carrier to expand internet services

New Zealand telecommunications provider Spark said it’s planning to fully acquire small carrier TeamTalk in an effort to expand its…