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1-10 results from 1000 for query «bloomberg»

January 11, 2019 9:48 PM Apple considered Samsung, MediaTek to supply 5G modems for 2019 iPhones

(Reuters) - Apple Inc (AAPL.O) held talks with Samsung Electronics Co Ltd (005930.KS) and MediaTek Inc (2454.TW) along with existing vendor Intel Corp (INTC.O) to supply 5G modem chips for 2019 iPhones, according to an Apple executive’s testimony at a trial between Qualcomm Inc (QCOM.O) and the U.S. Federal Trade Commission on Friday. Between 2011 and 2016, Apple 186

January 9, 2019 8:29 PM MacKenzie Bezos Could Become World's Richest Woman After Divorcing Husband

As of now, Francoise Bettencourt Meyers, the granddaughter of the founder of cosmetics manufacturer L’Oreal SA, is the richest woman in the world, with a net worth of $45.6 billion, according to the Bloomberg Billionaires Index, a ranking of the world’s 500 richest people. Neither the Bezoses nor Amazon have commented on the likely division of the couple’s 147

January 7, 2019 3:45 PM Sprint to debut 5G smartphones with Samsung in U.S. in summer

(Reuters) - U.S. wireless carrier Sprint Corp said on Monday it plans to release 5G smartphones with Samsung Electronics Co Ltd in the United States during the summer. Last month, rival Verizon Communications Inc disclosed similar plans for the first half of 2019. 5G can offer data speeds up to 50 or 100 times faster than current 4G networks. As part of the rollout 132

December 30, 2018 2:28 PM Journalists To Drop New Year's Eve Ball in Times Square

Leading journalists will ring in the New Year Monday in New York City’s Times Square as the annual ball drop, watched globally by billions, recognizes journalism and free speech. The group of reporters and editors will appear on stage just before midnight to push the button that officially begins the 60-second countdown to the lowering of the Times Square 91

December 18, 2018 9:08 PM Citi reorganizes prime brokerage unit

(Reuters) - Citigroup Inc (C.N) is shuffling its prime brokerage business, according to an internal memo seen by Reuters, amid reports that the unit could lose millions on a bad loan to an Asian hedge fund. Bloomberg earlier reported that Citi faces a loss of up to $180 million related to risky foreign-exchange bets. Citi and the hedge fund are in talks 91

December 7, 2018 5:59 AM Tesla hires Washington trial lawyer as new general counsel

(Reuters) - Tesla Inc has hired Dane Butswinkas, a Washington, D.C. trial lawyer, as its general counsel, the electric car manufacturer said late on Thursday. Tesla Chief Executive Officer Elon Musk had hired Butswinkas to help settle a case with the U.S. Securities and Exchange Commission, Bloomberg had reported in October. Musk and Tesla paid $20 million 109

December 4, 2018 9:51 PM Qualcomm unveils new chip to power 5G smartphones

SAN FRANCISCO (Reuters) - Chip supplier Qualcomm Inc (QCOM.O) on Tuesday unveiled a new generation of mobile phone processor chips that will power 5G smartphones in the United States as soon as next year. The key feature of the Snapdragon 855 chip, launched at an event in Hawaii, is a so-called modem for phones to connect to 5G wireless data networks 127

December 4, 2018 8:37 AM Sharp contractors axe 3,000 staff as iPhone sensor output shifts: union

TOKYO (Reuters) - Nearly 3,000 foreign workers subcontracted to Sharp Corp have been laid off in central Japan, a labor union said, as the firm moves production of some sensors for Apple iPhones to a Chinese plant owned by its parent Foxconn. The labor union said some of the laid off workers were its members. The union is in Mie Prefecture in central 124

November 16, 2018 12:18 PM U.S. investigators approach Deutsche Bank, BofA, JPM in Danske probe: Bloomberg

COPENHAGEN (Reuters) - U.S. criminal investigators have requested information from Deutsche Bank, Bank of America and JPMorgan about transactions they handled for Danske Bank’s Estonia branch, which is at the center of a money laundering scandal, Bloomberg reported on Friday citing sources. Danske Bank said last month it faced a U.S. criminal investigation 101

November 6, 2018 12:31 AM GE in talks to sell commercial lighting unit to PE firm: Bloomberg

(Reuters) - General Electric Co (GE.N) is in talks to sell its commercial lighting business to private equity firm American Industrial Partners, Bloomberg reported on Monday, citing people familiar with the matter. GE, which replaced its former chief executive officer, John Flannery, with outsider Larry Culp in a surprise move last month, has been shedding 86