Facebook acquires voice recognition firm

Facebook Inc (FB.O) acquired a company that makes voice recognition technology for wearable devices and Internet- connected appliances, the latest sign of its ambition to extend its reach beyond computers and smartphones.


China December HSBC services PMI at three-month high, more stimulus still seen

China's services sector grew at its fastest pace in three months in December as new orders remained strong, a private survey showed, an encouraging sign of strength even as manufacturing activity slows and the property market softens.

Samsung Electronics seeks fresh start with new TVs after tough 2014

South Korea's Samsung Electronics Co Ltd launched a lineup of high-tech premium TVs on Tuesday, calling on its original mainstay devices to help avert a second consecutive year of profit decline.

Verizon approaches AOL on potential deal

Verizon Communications Inc (VZ.N) approached AOL Inc (AOL.N) about a potential acquisition or joint venture to expand its mobile-video offerings, Bloomberg reported, citing people with knowledge of the matter.


Latest News

Morgan Stanley (MS.N) said on Monday it had fired a financial adviser who allegedly stole account information from about 350,000 of its wealth management clients and posted some of it online.
The euro slumped to a nine-year low on Monday as investors bet that the prospect of inflation across the region turning negative and mounting political uncertainty in Greece will force the European Central Bank to unleash quantitative easing.
China has scrapped a quota system aimed at restricting exports of rare earths, a group of 17 metals used in high tech sectors, as it moves to comply with a World Trade Organisation (WTO) ruling last year, official Chinese media reported on Monday.
A U.S. regulator focused on consumer protection is planning the first federal regulations ever for lenders that make small loans to borrowers seeking cash before their next pay day, The Wall Street Journal reported on Sunday.
German consumer goods and industrial glue maker Henkel wants to expand in the area of consumer branded goods and hair care and could consider a large acquisition, the company's chairwoman told German newspaper Welt am Sonntag.
More than 100 employees at the U.S. interdealer broker GFI Group have asked the company to alter their contracts to allow them to leave if a hostile takeover bid by a rival firm succeeds, according to a report on Sunday by the Financial Times.
Micromax Informatics, India's second-largest smartphone maker, plans to raise as much as $500 million through a stock market listing in its financial year beginning in April, the Economic Times newspaper reported on Saturday.
Chipmaker Nvidia on Sunday unveiled a new processor aimed at powering high-end graphics on car dashboards as well as sophisticated auto-pilot systems.
Apple’s forthcoming smartwatch poses a conundrum for advertisers: How to tap the enticing possibilities of the tiny gadget without overwhelming consumers with messages.
Global Resorts, the investment vehicle of Italian tycoon Andrea Bonomi, has decided not to raise its offer for struggling French resort operator Club Mediterranee and to withdraw its bid, ending France's longest-running takeover battle.
Real Time Analytics