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Xiaomi raising over $1 billion from investors including GIC

China's Xiaomi [XTC.UL] is raising over $1 billion from investors including Singapore sovereign wealth fund GIC that would value the smartphone maker at over $45 billion, a person familiar with the deal said.


Apple pushes first ever automated security update to Mac users

Apple Inc has pushed out its first-ever automated security update to Macintosh computers to help defend against newly identified bugs that security researchers have warned could enable hackers to gain remote control of machines.

North Korea's Internet links restored amid U.S. hacking dispute

North Korea, at the center of a confrontation with the United States over the hacking of Sony Pictures, experienced a complete Internet outage for hours before links were restored on Tuesday, a U.S. company that monitors Internet infrastructure said.

Dow, S&P end at records in fourth straight day of gains for Wall Street

U.S. stocks rose for a fourth straight session on Monday, with both the Dow and S&P 500 ending at records as large-cap technology shares gained and offset continued weakness in energy names.


Latest News

A new actor will replace Michael Pitt as Mason Verger in Season 3 of "Hannibal." Meanwhile, series creator Bryan Fuller reveals some spoilers about the new season.
Maksim Chmerkovskiy opened up about rumors on his relationship with "Dancing With The Stars" partner Meryl Davis, and his current relationship with exes Peta Murgatroyd and Karina Smirnoff.
"Real Housewives of Atlanta" Season 7 Recap features the highlights of Apollo Nida and Phaedra Parks' relationship as they step on becoming "frenemies". What did Demetria McKinney reveals about her relationship with Roger Bobb?
Selena Gomez and Justin Bieber seems to be keeping their lives on separate ways. According to the reports, the female performer shall be celebrating holidays with her family. Is this a sign of moving on?
Iggy Azalea becomes the newest victim of hackers. According to the reports, some alleged sex tapes may be spread on the internet, and she has a lot of apologies to make. Read more story here.
Britain's accounting watchdog has launched an inquiry into the preparation, approval and audit of Tesco's accounts over the last four years, including the role of external auditor PwC [PWC.UL].
World share markets extended their 'Santa rally' into a fourth day on Monday, as a recovery in beaten-down oil prices and the ruble and more calls for quantitative easing from the ECB helped lift sentiment.
Uber Technologies Inc is under fire in Taiwan and the Chinese mainland mega city Chongqing over concerns that it and its drivers are not appropriately licensed, adding to a string of official complaints aimed at the fast-growing U.S. start-up.
Chief executives got their deal-making confidence back in 2014, emboldened by a clearer outlook for their businesses to take the global value for mergers and acquisitions (M&A) to their highest annual level since 2007.
China opposes all forms of cyberattacks and cyber "terrorism", the country's foreign minister told U.S. Secretary of State John Kerry on Sunday.Foreign Minister Wang Yi made the remarks in a telephone call with Kerry on Sunday night, according to a statement posted on the foreign ministry's website on Monday.