SoftBank Corp has no plans to invest in messaging application Line Corp, Ken Miyauchi, chief operating officer of Japan's No. 3 mobile carrier, told reporters on Friday.
Sectors
Hyundai directors kept in dark on size of $10 billion land bid: sources
Hyundai Motor (005380.KS) and two listed affiliates did not seek board clearance for the size of their record $10 billion bid for a plot of land in Seoul, more than triple its appraised value, four board members of the companies told Reuters.
Exxon winds down drilling as U.S. sanctions hit Russia
Exxon Mobil said on Friday it will wind down drilling in Russia's Arctic in the face of U.S. sanctions targeting Western cooperation with Moscow's oil sector, after the Obama administration granted a brief extension to safely mothball its operations.
The Trendlines Group Ltd. Files Final Prospectus and Announces Pricing for Initial Public Offering of Ordinary Shares
The Trendlines Group Ltd. ("Trendlines" or the "Company") has filed a final prospectus with the securities regulatory authorities in Ontario, British Columbia, Alberta, Saskatchewan, Manitoba and Nova Scotia in connection with the initial public offering (the "Offering") of its ordinary shares. A copy of the final prospectus is available on the SEDAR website at www.sedar.com.
Other automakers to challenge Tesla in over-the-air software upgrades
Electric carmaker Tesla Motors Inc on Friday announced it is rolling out a software upgrade over-the-air to its current Model S owners, a unique ability that other automakers are expected to offer within a few years.
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Germany's Siemens (SIEGn.DE) is considering a bid for compressor and turbine maker Dresser-Rand (DRC.N) that could potentially derail a merger between Dresser-Rand and Swiss pump maker Sulzer (SUN.S), according to several media reports on Friday.
Microsoft Corp (MSFT.O) will close its Silicon Valley research-and-development operation as part of 2,100 layoffs announced on Thursday, as it moves toward its new CEO's goal of cutting 18,000 staff, or about 14 percent of its workforce.
Hyatt Hotels Corp (H.N) said it will sell as franchises 38 select service hotels to a company organized by Lone Star Funds for about $590 million.
Qualcomm Inc executives showed off robots made with smartphone technology at an annual developer conference on Thursday, but they steered clear of talking about China, a key growth market where the chipmaker is entangled in an antitrust investigation.
Cerner Corp and Athenahealth Inc, two leading U.S. electronic health record providers, said on Thursday they are working with Apple Inc to develop applications that leverage Apple's mobile health service HealthKit.
Vigil was incorporated in British Columbia on June 4th 2010 and is a Burnaby BC based research and development company specializing in the development of wireless sensor networks.
Singapore will be counting on its marquee Formula One race to help make up for a 30 percent drop in Chinese tourists this year.
JetBlue Airways (JBLU.O) on Thursday named Robin Hayes, its current president and a former British Airways executive, to succeed Dave Barger as chief executive, sending the airline's shares up in after-market trading.
Larry Ellison, co-founder and leader of Oracle Corp (ORCL.N) for almost four decades, stepped aside as chief executive on Thursday, to be replaced by co-CEOs Safra Catz and Mark Hurd, but stressed that nothing at the business software company will change.
