SoftBank bolsters investment team with ex-Goldman hire

By Sam Nussey TOKYO (Reuters) – SoftBank Group Corp said on Wednesday it has appointed former…

Xerox abandons $35 billion hostile bid for HP

By Greg Roumeliotis (Reuters) – U.S. printer maker Xerox Holdings Corp walked away from its $35…

Zoom takes lead over Microsoft Teams as coronavirus keeps Americans at home

(Reuters) – Zoom Video Communications Inc’s <ZM.O> average user numbers in March were nearly three times…

Trump holds call with U.S. internet, mobile phone providers

By David Shepardson and Steve Holland WASHINGTON (Reuters) – President Donald Trump spoke with the biggest…

Huawei warns China will strike back against new U.S. restrictions

By David Kirton SHENZHEN, China (Reuters) – Huawei warned on Tuesday that 2020 would be its…

Smartphone maker Xiaomi says China sales already close to full recovery

SHANGHAI (Reuters) – Chinese smartphone maker Xiaomi Corp is seeing signs of a sales recovery in…

HelloFresh shares at record high on coronavirus sales boost

BERLIN (Reuters) – Shares in meal-kit delivery firm HelloFresh <HFGG.DE> jumped to a record high on…

Instacart, Amazon workers strike as labor unrest grows during coronavirus crisis

By Hilary Russ NEW YORK (Reuters) – Warehouse, delivery and retail gig workers in the United…

Vivendi closes sale of 10% stake in Universal to Tencent consortium

PARIS (Reuters) – Vivendi <VIV.PA> closed on Tuesday the sale of a 10% stake in Universal…

China’s Pinduoduo raises $1.1 billion in share placement amid volatile markets

By Julie Zhu and Kane Wu HONG KONG (Reuters) – Chinese e-commerce firm Pinduoduo Inc <PDD.O>…