Science & Technology

Pokemon Go creator Niantic raises $245 million at $4 billion valuation

(Reuters) – Pokemon Go creator Niantic Inc said on Wednesday it had raised $245 million in a new round of financing bringing its valuation...

Apple loses bid to undo $440 million judgment in VirnetX patent...

By Jan Wolfe (Reuters) – A U.S. appeals court on Tuesday upheld a judgment worth $440 million that was won by intellectual property licensing...

Rubrik valued at $3.3 billion in latest Bain Capital-led funding

(Reuters) – Data management startup Rubrik Inc said on Tuesday it raised $261 million in its latest funding round led by Bain Capital Ventures,...

TD Ameritrade taps Apple Pay for instant fund transfers to accounts

By Stephen Nellis (Reuters) – Brokerage firm TD Ameritrade Holding Corp is tapping Apple Inc to help solve a problem that has lingered for decades:...

Four large deals boosted acquisitions of Israeli tech firms in 2018

TEL AVIV (Reuters) – Acquisitions of Israeli high-tech companies totaled $11.1 billion in 2018, up from $6.3 billion in 2017, boosted by four deals...

Nokia to shed 350 jobs in Finland as part of cost...

HELSINKI (Reuters) – Finnish telecom equipment maker Nokia is cutting 350 jobs in Finland as part of its plans to find savings worth 700...

Take-Two, NBA sign licensing deal of up to $1.1 billion: WSJ

(Reuters) – Take-Two Interactive Software Inc will pay the National Basketball Association (NBA) and its players’ union up to $1.1 billion over seven years,...

Swiss auction for 5G frequencies poised to kick off

ZURICH (Reuters) – Switzerland aims to launch an auction this month for frequencies needed to provide fifth-generation (5G) mobile services, in a contest likely...

Japan’s Otsuka, Israel’s Poliakine to collaborate on AI applications

JERUSALEM (Reuters) – One of the owners of Honda Motor Co is partnering with an Israeli tech pioneer to develop artificial intelligence applications that...

China’s ByteDance launches video chat app, moves in on Tencent’s turf

SHANGHAI (Reuters) – China’s ByteDance Technology unveiled a new video messaging app called Duoshan, a move which analysts say will see it muscling into...
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