United Kingdom

Supantha Mukherjee

T-Mobile CEO Legere to step down next year

19 Nov 2019

T-Mobile US Inc Chief Executive Officer John Legere will step down next year, the company said on Monday, less than three weeks before it goes to trial to determine the fate of its planned $26.5 billion merger with smaller rival Sprint Corp . | Video

Flood of trades sends Uber to record low as insiders allowed to sell

06 Nov 2019

SAN FRANCISCO Uber Technologies Inc's stock dropped 3% to a record low in its busiest trading session since the ride-hailing company's Wall Street debut as employees and early investors on Wednesday became free to sell their shares.

Spotify shares surge after surprise profit, rise in paid users

28 Oct 2019

Spotify Technology SA posted a surprise profit and beat Wall Street expectations for third-quarter revenue as the music streaming company added more-than-expected subscribers to its premium service, sending its shares up 12%. | Video

GitLab raises $268 million in funding, may look at direct listing

17 Sep 2019

GitLab said on Tuesday it had raised $268 million in its latest round of funding, taking the valuation of the U.S. coding platform to $2.75 billion in its run-up to a stock market launch next year where it might opt for direct listing.

Apple may steal Netflix streaming crown, but only for a year

11 Sep 2019

Apple Inc's move to offer a free TV+ subscription for a year with every new device may briefly crown the iPhone maker as the biggest streaming service by user numbers, leapfrogging Netflix Inc .

Elliott Management calls for AT&T shake-up as Trump piles on

09 Sep 2019

Activist investor Elliott Management Corp on Monday unveiled a $3.2 billion stake in AT&T Inc and urged the sprawling U.S. telecommunications and media conglomerate to end its acquisition spree and focus on improving its business. | Video

Broadcom to buy Symantec's enterprise unit for $10.7 billion in software push

09 Aug 2019

Chipmaker Broadcom Inc said on Thursday it will buy antivirus software maker Symantec Corp's enterprise security unit for $10.7 billion in cash to scale up its software business through deals.

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