Exclusive: India’s push for home-grown navigation system jolts smartphone giants

Exclusive: India’s push for home-grown navigation system jolts smartphone giants

India wants local GPS rival in smartphones; industry fears costs Smartphone players want delay to New Delhi’s Jan. 2023 deadline Samsung, others say Indian system needs hardware changes-sources Boosting native system part of Modi’s self-reliance campaign NEW DELHI, Sept 26 (Reuters) – India is pushing tech giants to make smartphones compatible with its home-grown navigation … Read more

Starboard builds stake in website development platform Wix

Starboard builds stake in website development platform Wix

Register now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 16 (Reuters) – Starboard Value LP has built a 9% stake in website development platform Wix.com Ltd (WIX.O), the activist hedge fund disclosed in a regulatory filing on Friday. Starboard had been building the stake, and spoke to Wix about how it can … Read more

Adobe builds collaborative design muscle with $20 bln deal for Figma

Adobe builds collaborative design muscle with  bln deal for Figma

Adobe logo is seen on smartphone in this illustration taken June 13, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Sept 15 (Reuters) – Adobe Inc will buy startup Figma for about $20 billion in its biggest deal, the Photoshop maker said on Thursday, bulking up on applications that support online … Read more

Ubisoft CEO says still open to other partners after Tencent deal

Ubisoft CEO says still open to other partners after Tencent deal

Yves Guillemot, CEO of Ubisoft, speaks on stage during the Ubisoft E3 conference at the Orpheum theatre in Los Angeles, California June 15, 2015. REUTERS/Mario Anzuoni Register now for FREE unlimited access to Reuters.com Register ‘We can do whatever we want,’ founder CEO says Ubisoft to create three mobile games with Netflix Tencent deal comes … Read more

EXCLUSIVE Fighting to survive, Tencent-backed Indian music app Gaana turns to subscriptions

EXCLUSIVE Fighting to survive, Tencent-backed Indian music app Gaana turns to subscriptions

A man listens to music as he waits for his train at Churchgate railway station in Mumbai December 5, 2012. REUTERS/Navesh Chitrakar Register now for FREE unlimited access to Reuters.com Register NEW DELHI, Sept 9 (Reuters) – Tencent-backed Indian music streaming app Gaana has switched to a paid subscription model to avoid closing down after … Read more

Gulf states demand Netflix pull content deemed offensive

Gulf states demand Netflix pull content deemed offensive

Signage at the Netflix booth is seen on the convention floor at Comic-Con International in San Diego, California, U.S., July 21, 2022. REUTERS/Bing Guan/File Photo Register now for FREE unlimited access to Reuters.com Register DUBAI, Sept 6 (Reuters) – Gulf Arab states have demanded that U.S. streaming giant Netflix (NFLX.O) remove content deemed offensive to … Read more

India summons Wikipedia officials over cricketer biography tweak

India summons Wikipedia officials over cricketer biography tweak

Cricket – Asian Cup – India v Hong Kong – Dubai International Cricket Stadium, Dubai, United Arab Emirates – August 31, 2022 India’s Arshdeep Singh in action REUTERS/Christopher Pike Register now for FREE unlimited access to Reuters.com Register NEW DELHI, Sept 5 (Reuters) – India has summoned executives of Wikipedia after a national cricketer’s page … Read more

Exclusive: Deal partner for Trump’s Truth Social fails to get backing for SPAC extension

Exclusive: Deal partner for Trump’s Truth Social fails to get backing for SPAC extension

The Truth social network logo is seen on a smartphone in front of a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register Sept 5 (Reuters) – The blank-check acquisition firm that agreed to merge with Donald … Read more

Exclusive: Tencent plans to divest Meituan stake worth $24 billion

Exclusive: Tencent plans to divest Meituan stake worth  billion

Tencent seeks to kick off Meituan stake sale this year-sources Sale seeks to placate regulators, monetise 8-year-old bet-sources Stake sale likely to be done as a block trade – sources Move comes after Tencent’s divestments of JD.com, SEA stakes Meituan shares sink 10%; Tencent shares recover HONG KONG, Aug 16 (Reuters) – China’s Tencent Holdings … Read more

Tencent Music’s revenue beats view as more Chinese users pay for songs

Tencent Music’s revenue beats view as more Chinese users pay for songs

The logo of China’s Tencent Music Entertainment Group is seen next to an earphone in this illustration picture taken March 22, 2021. REUTERS/Florence Lo/Illustration Register now for FREE unlimited access to Reuters.com Register Aug 16 (Reuters) – China’s Tencent Music Entertainment Group (TME.N) bettered quarterly revenue estimates on Monday as a slate of original content … Read more