Senior management of Snapchat held talks with Saudi Arabia's Prince Alwaleed bin Talal on potential cooperation, the prince's investment company said in a statement on Sunday. The meeting, which included the mobile messaging company's Chief Executive Evan Spiegel and Chief Strategy Officer Imran Khan, comes as Snapchat embarks on a new funding round that values the business at up to $19 billion
Read moreBy Eric Auchard and Leila Abboud BARCELONA (Reuters) – Telecom network gear makers are on a collision course with Silicon Valley computing giants as software and cloud computing have begun to change the way operators from AT&T to China Mobile run their networks. As networks move to relatively standard hardware, formerly entrenched equipment groups must increasingly compete for contracts with the likes of Cisco, Hewlett-Packard and VMware, as well as a slew of startups.
Read moreBy Nick Brown NEW YORK (Reuters) – LightSquared gained momentum this week in its effort to end its three-year bankruptcy after a judge dealt a blow to its main creditor and adversary, Charles Ergen, ahead of a week-long trial on its latest debt restructuring plan. LightSquared, the would-be wireless provider owned by Phil Falcone’s Harbinger Capital Partners hedge fund, on Monday will begin seeking U.S. Bankruptcy Court approval for a plan to exit Chapter 11, repay lenders and transfer some equity to Fortress Investment Group and Centerbridge Partners.
Read moreBy Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S.
Read moreIndia has asked YouTube to remove all links to a controversial documentary about the gang rape and murder of a woman in Delhi after banning its broadcast, a government official told Reuters on Thursday. Leslee Udwin's “India's Daughter” features an interview with Mukesh Singh, one of four men sentenced to death for the rape and torture of a 23-year-old woman on a moving bus in December 2012. “We just forwarded the court order and asked them (YouTube) to comply,” an official at the Ministry of Communications and Information Technology told Reuters
Read moreBy Jane Wardell SYDNEY (Reuters) – A year on from the disappearance of Malaysia Airlines Flight MH370, an extraordinary amount of key data remains unknown – fuelling conspiracy theories and heated online debate about one of aviation's biggest mysteries.
Read moreUber Technologies Inc is reviewing its ride sharing service in the southern Japanese city of Fukuoka after the transport ministry said it had banned the pilot project, citing potential legal concerns.
Read moreNovetta Solutions LLC, a provider of software and IT services to the U.S. intelligence community, is exploring a sale which could value it at more than $650 million, including debt, according to people familiar with the matter.
Read moreSainsbury’s will offer online shoppers the option of picking up orders in store, years after the service was introduced by rivals Tesco and Asda, upping the stakes in Britain's brutally competitive grocery market.
Read moreBy J.R. Wu TAIPEI (Reuters) – Taiwan has ordered Alibaba Group Holding Ltd to withdraw from the country within six months because the online retailer had violated investment rules required for a Chinese company, an economics ministry official said on Monday.
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