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Qualcomm raises bid for NXP to about $43.22B

Qualcomm is raising its takeover bid for NXP Semiconductors by nearly 16 percent to about $43.22 billion, citing in part NXP's strong results since the companies first announced their merger in October 2016.

dateFeb 20, 2018 in Business
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Uber CEO aims to pare losses and get 'the love back'

Uber CEO Dara Khosrowshahi is focused on cutting the company's massive losses and "getting the love back" after a year of damaging revelations about the ride-hailing service's sometimes heartless treatment of its employees, ...

US IPO for Baidu video unit as Q4 net income flattens

Chinese search engine giant Baidu will spin off its Netflix-like video arm iQiyi and list it in the US market, the company said in a statement that revealed its net profit grew only one percent during the fourth quarter.

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