Technology

MTG eyes expansion into China as Huya buys stake in e-sports...

STOCKHOLM (Reuters) – Shares in MTG <MTGb.ST> soared 24% on Monday after the Swedish e-sports and gaming firm said Chinese live streaming platform...

China’s Xiaomi ditches mainland share offering plan

HONG KONG (Reuters) – Chinese smartphone maker Xiaomi Corp said on Friday it had scrapped a mainland share offering plan in order to focus...

Deutsche Post sees interest from potential StreetScooter partners: executive

COLOGNE (Reuters) – Deutsche Post has received expressions of interest from potential partners for StreetScooter, its electric van business, board member Tobias Meyer said...

U.S. awards $7.6 billion cloud contract to General Dynamics

(Reuters) – The U.S. General Services Administration and the Defense Department said on Thursday they awarded a cloud computing contract worth $7.6 billion to...

Workday beats second-quarter estimates, raises full-year subscription revenue forecast

(Reuters) – Workday Inc reported better-than-expected quarterly revenue on Thursday, as it signed up more companies for its cloud-based financial and human resources software. Shares...

Marvell forecasts third-quarter revenue below estimates hurt by Huawei ban

(Reuters) – Marvell Technology Group forecast third-quarter revenue below Wall Street estimates, as a ban on selling components to Chinese telecommunications giant Huawei Technologies...

Vodafone UK appeals move to ease price caps on BT business...

LONDON (Reuters) – Vodafone UK is seeking to overturn a move by regulator Ofcom to relax restrictions on how much BT can charge for...

Argentina’s Kaszek Ventures raises $600 million for LatAm startups

(Reuters) – Argentine venture capital group Kaszek Ventures said on Thursday that it had raised $600 million through two funds, adding to a wave...

Goldman Sachs, Point72 and others invest $40 million in Mexico’s Credijusto

By Elizabeth Dilts NEW YORK (Reuters) – Goldman Sachs Group Inc, Point72 Ventures and others invested $40 million in a Mexico-based online lender called Credijusto.com,...

Micro Focus shares tumble 34% after revenue warning

By Paul Sandle LONDON (Reuters) – Micro Focus International <MCRO.L> will miss its full-year revenue target, prompting an accelerated operations review, sending the British IT...
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