Qualcomm gets hedge fund nod with raised offer for NXP
(Reuters) - U.S. chipmaker Qualcomm Inc raised its offer to buy NXP Semiconductors NV to $127.50 per share on Tuesday, and said it has the backing of the shareholder group led by hedge fund Elliott Management that opposed its previous proposal.
Uber CEO sees commercialization of flying taxis in 5-10 years
TOKYO (Reuters) - Uber Technologies Inc Chief Executive Officer Dara Khosrowshahi said on Tuesday he can see commercialization of the Uber Air flying taxi service happening within five to 10 years.
Medtronic quarterly revenue beats, margins disappoint
(Reuters) - Medical device maker Medtronic Plc's quarterly revenue beat analysts' expectations as new product launches drove sales across its business units, but weaker-than-expected margins clouded the earnings report.
Japan's Sony to form alliance to build taxi-hailing system
TOKYO (Reuters) - Sony Corp said on Tuesday it would become the latest blue-chip firm to jockey for position in Japan's taxi and ride-hailing market, with plans for a joint venture to develop an artificial intelligence-based hailing system.
Language app Babbel translates European success to U.S. market
BERLIN (Reuters) - It might seem a tall order to persuade people to spend as much to learn a language on their smartphone as it costs to subscribe to a music streaming or video-on-demand service.
Indian software services sector to grow 7-9 percent in FY19 - lobby group
HYDERABAD, India (Reuters) - India's software services exports will see revenue growth of 7-9 percent in constant currency terms in the fiscal year to March 2019, a leading lobby group forecast on Tuesday, as the industry continues to recover from what has been a tough year.
Spain's Balearic Islands to fine Airbnb 300,000 euros for illegal rentals
MADRID (Reuters) - Spain's Balearic Islands is fining flat-sharing and rental service Airbnb 300,000 euros ($370,140) for advertising unregistered homes in Mallorca on its web site, the regional government said on Tuesday.