TV ad spending takes hit from 'cord cutting'

Television is gradually losing its share of the US advertising market as Americans shift to digital platforms and move away from pay packages, a market tracker said on Wednesday.

SoftBank group acquires major stake in Uber

A group led by Japanese technology conglomerate Softbank has acquired a major stake in Uber, potentially tamping down internal warfare at the troubled ride-hailing company and strengthening the hand of CEO Dara Khosrowshahi ...

Big tech tieup: Broadcom bids $103 bn for Qualcomm (Update 4)

In what could be the biggest deal ever in the tech sector, Broadcom on Monday bid $103 billion for rival chip maker Qualcomm to gain position in the booming sector fueled by growth in smartphones and an array of connected ...

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