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BlackBerry reports $670 million loss as device sales continue to decline in Q1
BlackBerry today reported financial results for the three months ended May 31, 2016, reporting a $670 million US net loss in the first quarter of its 2017 financial year.
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Samsung announces Q2 2016 Earning Guidance, to post best profit in two years
Samsung today announced its earnings guidance for the second quarter of 2016, announcing its second-quarter operating profit likely rose 17.4 percent from a year earlier.
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Line Messaging app could raise up to $1.3bn in IPO
Japanese company Line has set the price of its IPO at 3,330 yen per share, meaning it could raise as much as $1.3bn when it goes public.
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Samsung Pay Launches in Puerto Rico
Samsung announced today that it is bringing Samsung Pay to Puerto Rico. Starting today, Samsung Pay will support eligible credit cards from Banco Popular, Puerto Rico’s largest bank.
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Android Pay launches in Australia
Google has continued the expansion of Android Pay in Asia Pacific after the mobile payments service went live in Australia.
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Masterpass global digital payment service begins rollout in U.S.
MasterCard has launched an update to its Masterpass payment system, which it claims is an ‘important industry milestone’ for mobile transactions.
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Samsung Pay Launches in Brazil July 19
Samsung announced today that Brazil will roll out Samsung Pay on July 19, with major financial partners, making it the first market in South America to introduce the company’s mobile payment service.
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SoftBank agrees to buy ARM for £24 billion
SoftBank and ARM have announced that they have reached agreement on the terms of a recommended all cash acquisition of the entire issued and to be issued share capital of ARM by SBG.
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Microsoft’s cloud unit boosts profits, phone revenue drops by 71% in Q4 FY 2016
Microsoft today posted a $3.1bn (£2.4bn) profit for the three months to June. That was far better than the $3.2bn loss for the same period last year
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MasterCard acquires controlling stake in VocaLink for $920m
MasterCard has entered into a definitive agreement to acquire 92.4% of VocaLink for $920 million (£700 million).
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Verizon to buy Yahoo’s operating business for $4.83 billion
Verizon and Yahoo today officially announced they have entered into a definitive agreement under which Verizon will acquire Yahoo's operating business for approximately $4.83 billion in cash.
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Apple’s Q3 2016 results beats expectations, $42.4B in revenue, 40.4M iPhone...
Apple today announced financial results for its fiscal 2016 third quarter ended June 25, 2016. The Company posted quarterly revenue of $42.4 billion and quarterly net income of $7.8 billion, or $1.42...
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Verizon to acquire Fleetmatics for $2.4B in cash
Verizon today announced they have entered into a definitive agreement under which Verizon will acquire Fleetmatics for $60.00 per share in cash – representing a value of approximately $2.4 billion.
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BlackBerry Announces Normal Course Issuer Bid for Convertible Debentures
BlackBerry today announced that it has received acceptance from the Toronto Stock Exchange (the "TSX") with respect to a normal course issuer bid.
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BlackBerry Announces Redemption of Existing Convertible Debentures and...
BlackBerry has announced the redemption of existing Convertible Debentures and the issuance of new Convertible Debentures.
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SoftBank completes acquisition of ARM for £24 billion
Softbank announced today that it has completed its acquisition of ARM Holdings, the semiconductor firm that it announced that it would acquire for £24 billion, in order to make the jump into IoT.
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Intel and TPG team up to Establish McAfee as Leading Independent...
Intel and TPG have announced a definitive agreement under which the two parties will establish a newly formed, jointly-owned, independent cybersecurity company.
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Natwest, RBS, Santander and Ulster Bank finally enable Android Pay in UK
Better late than never, UK customers of Natwest, Royal Bank of Scotland, Santander and Ulster Bank are now able to make contactless purchases in stores and apps via their Android smartphone using...
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BlackBerry to Announce Second Quarter Fiscal 2017 Results September 28
BlackBerry has announced it will be reporting results for the second quarter of fiscal 2017 on September 28, 2016.
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BlackBerry Revenue falls as Company Ends Hardware Development
BlackBerry announced Q2 Fiscal 2017 results today, posting a 31.8 percent fall in second-quarter revenue and it said it would end all internal hardware development, including its smartphones.
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