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A Chinese state-backed company's plan to buy US chip maker Micron Technology faces no shortage of obstacles and any one of them could torpedo the deal.
China's state-backed Tsinghua Unigroup Ltd is preparing a US$23bil (RM87.4bil) bid for US memory chipmaker Micron Technology Inc, in what would be the biggest Chinese takeover of a US company, people familiar with the matter said.
Apple introduced its mobile payments service to Britain as Barclays became the last major UK bank to sign up for the US tech giant's effort to capitalise on the increasing comfort among British consumers with making tap-and-go purchases.
Philippine transport authorities authorised GrabCar as the first company to operate under new rules governing ride-sharing apps, state and company officials said.
Fast-growing Chinese smartphone maker Xiaomi Inc is strengthening its patents in preparation for its entry into the US market, head of international operations Hugo Barra told Bloomberg Television, without offering a time table.
The New York Stock Exchange was forced to suspend trading for several hours on July 8 in the biggest outage to hit a US financial market in nearly two years.
Milan prosecutors are investigating six former employees of surveillance software maker Hacking Team in connection with a massive attack on the data system of the Italian cybersecurity firm, sources familiar with the case said.