News highlights for 6 October
REUTERS/Mike Blake/File Photo
Verizon pushes for $1 billion discount on Yahoo deal
(Reuters) – Verizon Communications is pressing for a $1 billion discount off its pending $4.8 billion agreement to buy Yahoo, the New York Post reported, citing sources. Read more…
Three caught exporting sensitive military tech to Russia – allegedly
WASHINGTON (Reuters) – A U.S. citizen and two Russian nationals were arrested on Thursday on charges relating to the alleged illegal export of sensitive military technology from the United States to Russia, the Justice Department said. Read more…
Apple shares rise – good news on new iPhone
SAN FRANCISCO (Reuters) – Shares of Apple Inc rose 1 percent on Thursday after German supplier Dialog Semiconductor Plc said its quarterly revenue were higher than expected, adding to recent enthusiasm about demand for the newest iPhone. Read more…
Snapchat IPO could value company at around $25 billion
(Reuters) – Photo-sharing app Snapchat’s parent is working on an initial public offering that could value the company at $25 billion or more, the Wall Street Journal reported, citing several people familiar with the matter. Read more…
Smartphone demand resuscitates Sony image sensor business
KIKUYO-MACHI, Japan (Reuters) – Sony Corp’s image sensor production will return to full capacity in the October-March half-year due to a pickup in smartphone demand, having spent part of the past year running just under full strength. Read more…
APAC driving mobile growth says GSMA
Newly released data from the research arm of the GSMA pegs Asia as the key growth engine for the global mobile ecosystem, while cellco revenues are shifting from traditional voice and SMS services to platforms and content. Read more…
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