Business News

Bitcoin surges after Brexit sinks pound

With news of the U.K. leaving the E.U., the virtual currency Bitcoin saw prices surge 4%.        

Fri 24 Jun 16 from USA today

Other sources: USA today, The Verge show all (3) »

Line, the biggest tech IPO of the year, struggles to show its growth plan can work

TOKYO (Reuters) - In delaying its IPO by two years, Japanese messaging app company Line Corp bought time to correct weak financial reporting controls, work on its business plan, bolster staffing ...

12 hours ago from Reuters Technology

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Incipio to buy audio tech developer Skullcandy for $177 million - CNET

The transaction will be finalized in July, until which Skullcandy can solicit proposals from other potential buyers.

Fri 24 Jun 16 from CNET

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Indian startup Ringing Bells to ship controversial $4 smartphone next week

The cost of a new smartphone has dropped significantly over the past several years although if you’re only shopping in the flagship market, you may be blind to this fact. If you look around, ...

Fri 24 Jun 16 from Techspot

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Tech company Twilio nearly doubles in stock market debut

Twilio shares nearly doubled in their first day of trading Thursday, after the technology company raised $150 million in its initial public offering.

Thu 23 Jun 16 from

Other sources: (2), CNET, BBC Technology, USA today (2), TechCrunch (6) show all (6) »

BlackBerry sales fall, losses pile up

Blackberry continued bleeding red in the three months ending May 31, extending a two-year losing streak as the Canadian smartphone maker restructures, according to quarterly financials filed ...

Thu 23 Jun 16 from

Other sources:, BBC Technology, Reuters Technology (3) show all (4) »

Founders from Google, Netflix, and Tumblr endorse Clinton for president

Presumptive Democratic presidential candidate Hillary Clinton unveiled a new set of endorsements from business leaders today, including a number of major tech leaders. Google co-founder ...

Thu 23 Jun 16 from The Verge

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Future Publishing buys Imagine for $21m, broadening number of titles

 U.K.-based publisher Future Publishing today announced it is in the process of acquiring Imagine Publishing for $21 million worth of shares, continuing the trend of media consolidation ...

Thu 23 Jun 16 from TechCrunch

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Payments app Circle raises $60 million in China expansion

LONDON (Reuters) - U.S.-based payments app Circle has raised $60 million from Chinese investors and launched a company in China, as it seeks to expand in the world's second-largest economy. ...

Thu 23 Jun 16 from Reuters Technology

Other sources: Reuters Technology, TechCrunch show all (3) »

Steam summer sale is poised to make a dent in your wallet

Are you ready to snap up a ton of PC games to add to your ever-growing backlog? Steam's summer sale has begun, and as always, it offers big discounts -- some bigger than others ...

Thu 23 Jun 16 from Engadget

Other sources: Engadget, The Verge, Arstechnica, Techspot (2) show all (5) »

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