- Baidu to invest $3.2 billion in online-to-offline services
BEIJING (Reuters) - China's dominant Internet search engine Baidu Inc said on Tuesday it would invest 20 billion yuan ($3.22 billion) over the next three years on online-to-offline services, including group-buying service Nuomi.
- Amazon launches one-hour delivery service in London
(Reuters) - Amazon.com Inc launched its one-hour order delivery service, Prime Now, for some areas of London on Tuesday, about six months after introducing the service in the United States.
- Sony to raise nearly $4 billion, ramp up sensors business to anchor turnaround
TOKYO (Reuters) - Japan's Sony Corp plans to raise nearly $4 billion via new shares and bonds to plough into image sensors as it reinvents itself as a niche component maker, pulling back from consumer goods like TVs that dragged it into losses.
- Samsung's Cheil, pitching $8 billion merger, pledges higher returns
SEOUL (Reuters) - Locked in a battle with an activist U.S. hedge fund, the Samsung Group's [SAGR.UL] de facto holding company sought to win support for a proposed $8 billion merger with a sister firm by pledging to bolster post-deal shareholder returns.
- Cisco to buy OpenDNS for $635 million to boost security business
(Reuters) - Cisco Systems Inc <CSCO.O> said on Tuesday it would buy OpenDNS, a privately held cloud-based security company, for $635 million in cash and equity awards.
- Huawei says Honor brand on track to sell 40 million smartphones
BEIJING (Reuters) - Huawei Technologies Co Ltd's [HWT.UL] Honor brand has sold 20 million smartphones in the first half of 2015 and by should reach its goal of 40 million shipments by the year end, double the 2014 figure.
- Alibaba Group in talks to buy stake in India’s Paytm: sources
NEW DELHI/MUMBAI (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd is in advanced talks to invest in Indian online payment platform and e-commerce firm Paytm, two sources with knowledge of the matter said on Tuesday.
- Two Uber France executives to go on trial September 30
PARIS (Reuters) - Two executives from Uber's French branch will go on trial on September 30, a prosecutor said on Tuesday, after the two were held for questioning as the government intensified its clampdown on the U.S.-based taxi and ride-sharing service.
- Orange, Partner Communications set terms to end brand deal
PARIS (Reuters) - French telecoms group Orange and Israeli mobile phone operator Partner Communications said on Tuesday they had agreed terms to end their licensing deal following a public row in Israel, but Orange said it was still committed to Israel.
- Nokia signs 3G deal with Bharti Airtel to cover big Indian states
MUMBAI/FRANKFURT (Reuters) - Network equipment maker Nokia has signed up India's largest mobile operator Bharti Airtel to supply it with 3G wireless network gear covering some of the most populous regions in India, the Finnish company said on Tuesday.
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