Blog

Hungry? China's food delivery apps bite into Yum revival
October 09, 2015 TECH (MSM)

Hungry? China's food delivery apps bite into Yum revival

By Adam Jourdan SHANGHAI (Reuters) – As China’s economy stutters, growing numbers of diners on a budget are tapping into smartphone applications to snap up meal delivery deals, spelling big trouble for fast food chains like Yum Brands Inc’s KFC and Pizza Hut. People like Li Jiali, a 20-year-old Shanghai student, say they have all the dining options they need nestling in their phones, without needing to venture out of

EMC-Dell talks highlight Elliott's clout across tech sector
October 09, 2015 TECH (MSM)

EMC-Dell talks highlight Elliott's clout across tech sector

Acquisition talks between EMC Corp. and Dell Inc. are significant not just for the size of the potential transaction but also for a common element behind this and dozens of other major tech deals over the past decade: Elliott Management. The possible tie-up between the $50 billion storage company and the privately owned computer maker, which surfaced on Wednesday, would be the largest tech deal ever and would solidify Elliott’s

China arrested hackers at U.S. request: Washington Post
October 09, 2015 TECH (MSM)

China arrested hackers at U.S. request: Washington Post

The Chinese government took unprecedented action by complying with a U.S. request and arresting hackers suspected of stealing secrets from U.S. companies to pass to Chinese state-run companies, the Washington Post reported on Friday. The arrests came in September before Chinese President Xi Jinping went to Washington for talks with U.S. President Barack Obama that included one of the most contentious issues between the two countries – corporate and government

Intel to secure EU okay for $16.7 billion Altera deal: sources
October 09, 2015 TECH (MSM)

Intel to secure EU okay for $16.7 billion Altera deal: sources

By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Intel Corp is set to get the go-ahead from EU antitrust regulators for its $16.7 billion offer for Altera Corp, its largest ever deal, two people familiar with the matter said on Friday. The world No. 1 chipmaker is looking to Altera to reinforce its portfolio of higher-margin chips used in data centers and to focus on chips for cars, watches

October 09, 2015 TECH (MSM)

China plane maker reveals stealth jet capabilities to lure buyers

China’s top aircraft manufacturer has revealed specifications of an advanced stealth fighter jet in a bid to lure foreign buyers, the official China Daily reported on Friday. In a rare disclosure, the state-owned Aviation Industry Corp of China (Avic) unveiled the capabilities of the J-31 aircraft at an aviation show, even though the jet is still being tested, the newspaper said. Countries that cannot buy weaponry from the United States