Technology news

• Alibaba kicks off sponsor deal in Pyeongchang

  10-02-2018 18:20
  PYEONGCHANG (Reuters) - Alibaba Group Holding Ltdis launching a project that will create a "smarter" and more connected athletes' village and stadia and make all Olympics stakeholders "more money", its executives said on Saturday.
  
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• Qualcomm warns of customer losses, legal hazards to Broadcom buyout

  10-02-2018 13:00
  Qualcomm Inc warned on Friday it could lose two large clients if it accepted chipmaker Broadcom Ltd's revised $121 billion buyout offer and said it saw no path to regulatory approval of any deal.
  
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• Porsche, Audi to develop joint electric car platform to save costs

  10-02-2018 05:06
  FRANKFURT (Reuters) - Porsche and Audi, Volkswagen'smain luxury car divisions, plan to develop a joint platform for electric vehicles that will enable them significantly cut down on costs, German newspapers quoted their chief executives as saying.
  
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• Waymo accepts $245 million and Uber's 'regret' to settle self-driving car dispute

  10-02-2018 01:51
  SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] will pay $245 million worth of its own shares to Alphabet Inc's Waymo self-driving vehicle unit to settle a legal dispute over trade secrets, allowing Uber's chief executive to move past one of the company's most bruising public controversies.
  
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• Exclusive: BMC Software explores IPO - sources

  10-02-2018 01:48
  (Reuters) - U.S. business software company BMC Software Inc [BSII.UL] is holding conversations with investment banks about an initial public offering (IPO) that could value it at more than $10 billion, including debt, people familiar with the matter said on Friday.
  
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• Amazon tests delivery in Los Angeles, shipping shares sink

  10-02-2018 00:13
  (Reuters) - Amazon.com Inc is testing a program to ship its sellers' goods, sending shares in FedEx and UPS tumbling even though analysts and the companies played down any near-term threat to the two global delivery businesses.
  
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