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BlackBerry NYSE

BlackBerry Reports Loss but beats EPS and Revenue Expectations

BlackBerry on Thursday reported a loss of $23 million in its fiscal second quarter but beat both Revenue And EPS Expectations. The company says the loss amounted to four cents per diluted share for the quarter ended Aug. 31. The result compared with a loss of US$44 million or 10 cents per diluted share a year earlier.
FinancialBlackBerry
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Stock Exchange

MEMX: New US Stock Exchange launches

The Members Exchange (MEMX), a new US stock exchange that counts some of Wall Street's biggest banks as its backers launched today (September 21). The MEMX started trading seven symbols upon launch including Alphabet, ExxonMobil and BlackBerry.
USFinancial
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Ericsson

Ericsson to acquire Cradlepoint to accelerate 5G for Enterprise

Ericsson has agreed to acquire Cradlepoint, a US-based market leader in Wireless Edge WAN 4G and 5G Enterprise solutions. The investment is key to Ericsson’s ongoing strategy of capturing market share in the rapidly expanding 5G Enterprise space. Cradlepoint complements Ericsson’s existing 5G Enterprise portfolio which includes Dedicated Networks and a global IoT platform.
Financial
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GoCardless for Salesforce Billing

GoCardless launches GoCardless for Salesforce Billing

GoCardless has launched GoCardless for Salesforce Billing on Salesforce AppExchange, providing Salesforce customers with direct access to the GoCardless global bank debit network to help them take control of their domestic and international recurring payments.
Financial
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Arm Nvidia

NVIDIA to Acquire Arm for $40 Billion

NVIDIA and SoftBank Group have signed a definitive agreement under which NVIDIA will acquire Arm from SBG and the SoftBank Vision Fund (SoftBank) in a transaction valued at $40 billion.
FinancialUK
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Prem-Watsa

Prem Watsa ups his stake in BlackBerry by 117.99%

BlackBerry completed its debt refinancing Tuesday, which left Fairfax Financial holding 90% of new 1.75% BlackBerry convertible debt. On the same day, Billionaire investor Prem Watsa, leader of Fairfax Financial Holdings, upped his stake in BlackBerry by 117.99%.
FinancialBlackBerry
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BlackBerry NYSE

BlackBerry Completes Debt Refinancing

BlackBerry has completed the redemption of all of its 3.75% unsecured convertible debentures (TSX: BB.DB.V) (the "3.75% Debentures") on September 1, 2020. None of the 3.75% Debentures were converted into common shares of BlackBerry prior to redemption.
BlackBerryFinancialCanada
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sync money app

New smart money app sync. launches in Europe

sync. is aiming to become the first digital smart open banking app offering an easy-to-use financial service across Europe, promising to manage every aspect of a user's financial life in one place. sync. says it was created out of frustration with traditional banks and the niche offering of new challenger banks that are not responding to all the needs of the end customer.
FinancialApps
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BlackBerry

BlackBerry Provides Further Details of Proposed Debt Refinancing

BlackBerry has provided further details regarding the proposed refinancing of its outstanding US$605 million principal amount of 3.75% unsecured convertible debentures, which mature on November 13, 2020. BlackBerry announced the proposed refinancing on July 22, 2020, and intends to complete the transaction on September 1, 2020.
FinancialBlackBerry
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Samsung Pay Card

Samsung Pay Card now available in UK

The new Samsung Pay Card, powered by Curve, and in conjunction with Mastercard, is now available in the UK. The Samsung Pay Card is a digital card that allows Samsung Pay Customer keep all of their Mastercard and Visa branded credit and debit cards in one place.
FinancialSamsung
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paytm

Paytm launches Android POS device

Digital payment service Paytm has launched an Android-based, pocked-sized point of sale (POS) device that is enabled with integrated billing software, camera for QR scanning and supports 4G SIM cards Wi-Fi and Bluetooth connectivity.
IndiaFinancial
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European Commission

European Commission adopts new Tax Package

Only hours after Apple won their €13 billion EU Tax Bill Appeal, the European Commission has today adopted a new Tax Package to "ensure that EU tax policy supports Europe's economic recovery and long-term growth".
NewsFinancial
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Samsung Pay

Samsung Pay adds TransferWise in UK

Samsung Pay is now available to TransferWise card members in the United Kingdom. The partnership will bring two new TransferWise cards to Samsung Pay; TransferWise debit Mastercard and the TransferWise debit Mastercard for Business.
FinancialSamsungUK
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Contactless Payments

UK Contactless Pay Limit to increase to £45

From April 1st, users in the UK will be able to use their smartphones, smartwatches and contactless bank cards at any contactless terminal to make payments of up to £45. This is an increase of £15 from the current £30 limit.
FinancialUK
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Mastercard

Mastercard and Samsung partner on Pay on Demand platform

Mastercard and Samsung are partnering to enable digital access to consumers and small businesses in emerging markets through its Pay on Demand platform. The platform, built by Mastercard Labs, will be launched with the Samsung Knox team in the Middle East and Africa region in early 2020 and extend to additional regions later.
FinancialSamsung
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Huawei Pay

Huawei Pay launches in Pakistan

Huawei has launched Huawei Pay in Pakistan, in partnership with UnionPay International and National Bank of Pakistan. Pakistan is the fourth market where Huawei Pay has been made available, following China, Russia and Hong Kong (China).
FinancialHuawei
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Apple Services Revenue Reaches All-Time High of $12.5 Billion

Apple today announced financial results for its fiscal 2019 fourth quarter ended September 28, 2019. The Company posted quarterly revenue of $64 billion, an increase of 2 percent from the year-ago quarter, and quarterly earnings per diluted share of $3.03, up 4 percent. International sales accounted for 60 percent of the quarter’s revenue.
FinancialApple
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Huawei

Huawei smartphone sales continue to rise in 2019

Huawei has reported a double-digit gain in sales despite U.S. sanctions that threaten to disrupt its smartphone and network equipment businesses. During the first three quarters of this year, Huawei generated CNY610.8 billion in revenue, an increase of 24.4% year-on-year. The company's net profit margin in this period was 8.7%.
FinancialHuawei
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Cryptography

Facebook Libra loses PayPal support

PayPal announced Friday that it will no longer be part of Facebook’s Libra cryptocurrency project. The company said that while it is quitting the Libra Association it remains "supportive of Libra's aspirations," and that the firm will continue to work with Facebook in the future.
USFinancial
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Apple Card

Apple Card launches in US

Apple Card is available in the US starting today. Customers can apply for Apple Card through the Wallet app on iPhone and start using it right away with Apple Pay in stores, in apps and on websites.
FinancialApple
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microsoft

Microsoft reports $33.7 bn in Q4 2019 revenue

Microsoft today reported earnings for its fourth fiscal quarter of 2019, including revenue of $33.7 billion, net income of $13.2 billion, and earnings per share of $1.71 (compared to revenue of $30.1 billion, net income of $8.9 billion, and earnings per share of $1.14 in Q4 2018). All three of the company’s operating groups saw year-over-year growth.
FinancialMicrosoft
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France approves Digital Tax on large tech companies

France has approved a 3 percent Digital Services Tax (DST) on revenues that large tech companies, particularly those in the digital advertising and e-commerce industries, earn from providing digital services to French customers.
Financial
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BlackBerry

BlackBerry beats analyst estimates but stock drops sharply

BlackBerry released its quarterly earnings on Wednesday, reporting US$247 million in first quarter revenue, up from US$213 million in the same quarter last year. Its net loss of US$35 million, or nine cents per share, was down from US$60 million or 11 cents per diluted share in last year's first quarter.
FinancialBlackBerry
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Libra

Facebook unveils Libra: a new global digital currency

Facebook has revealed its plans today for a new global digital currency, supported by more than two dozen companies ranging from Visa and Mastercard to Lyft and Spotify, bringing the heft of the world’s largest social network to efforts to transform financial services.
Financial
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BlackBerry Investors

BlackBerry to Webcast Annual Meeting on June 24, 2019

BlackBerry will hold its Annual Meeting of Shareholders on Monday, June 24, 2019 at 10 a.m. ET in Waterloo, Ontario. There will be a live audio webcast that can be accessed by registering here. It can also be accessed by dialling 1-855-353-9183 and entering Access code 58660#.
FinancialBlackBerry
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BlackBerry

BlackBerry Announces Inducement Awards

In connection with the acquisition of Cylance, BlackBerry's Board of Directors has approved a grant of performance-based restricted share unit awards (the "Inducement Awards") to Stuart McClure and Ryan Permeh covering up to 3,122,140 and 1,060,049 shares of common stock, respectively.
FinancialBlackBerry
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Apple Card

Apple Card is Apple’s new Credit Card

Apple launched a credit card at the “Show Time” event called Apple Card. It’s an actual titanium-based MasterCard credit card made in partnership with Goldman Sachs. The card has no late fees, annual fees, over limit fees, and international fees. The card will have your name etched with laser on the card.
USFinancialApple
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NVIDIA to Acquire Mellanox for $6.9 Billion

NVIDIA and Mellanox have reached a definitive agreement under which NVIDIA will acquire Mellanox. Pursuant to the agreement, NVIDIA will acquire all of the issued and outstanding common shares of Mellanox for $125 per share in cash, representing a total enterprise value of approximately $6.9 billion. Once complete, the combination is expected to be immediately accretive to NVIDIA’s non-GAAP gross margin, non-GAAP earnings per share and free cash flow.
Financial
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Apple Q1 2019 Reports $84.3B Revenue

Apple gained 3.6% on Q1 2019 results that beat EPS and revenue estimates with revenue down 5% Y/Y. The downsides in iPhone and China were largely priced into the quarter following Apple's outlook cut earlier this month.
FinancialApple
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Qualcomm

Qualcomm FQ1 2019 scheduled for January 30

Qualcomm will publish the Company's financial results for its first quarter fiscal 2019 on Wednesday, January 30, 2019 after the close of the market on the Company's Investor Relations website here.
Financial
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Ledger Unveils New Nano X Hardware Wallet at CES 2019

Ledger today unveiled the Ledger Nano X, a Bluetooth-enabled hardware wallet. As Ledger's new signature product, the Ledger Nano X improves on the Ledger Nano S, the world's most popular hardware wallet having sold over 1.5 million units, with enhanced state-of-the-art security and an improved user experience and design.
FinancialCrypto
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BlackBerry

BlackBerry beats Sale Estimates

BlackBerry today reported financial results for the three months ended November 30, 2818, coming in at $0.05 per share, beating Wall Street’s estimates of $0.02 per Share. Revenue for the quarter came in at $226.00 million beating analyst estimates of $215.38 million
FinancialBlackBerry
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Pareteum to Acquire iPass

Pareteum Corporation and iPass, Inc. today announced that they have entered into a definitive agreement under which Pareteum will acquire iPass in an all-stock transaction whereby iPass shareholders will receive 1.17 shares of Pareteum common stock in an exchange offer.
Financial
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Samsung

Samsung to Acquire Zhilabs Expanding AI-Based Automation Portfolio

Samsung today announced its acquisition of Zhilabs, known for its Artificial Intelligence (AI)-based network and service analytics, to further enhance its 5G capabilities. The acquisition lays the foundation for Samsung to foster its 5G offerings of automation and network analytics to finely tune the customer experiences in the 5G era.
FinancialSamsung5G
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Samsung

Samsung Announces Second Quarter 2018 Results

Samsung released its official Q2 2018 earnings results today and results are in line with the guidance that Samsung issued earlier this month. It posted 58.48 trillion won or about $52 billion in revenue compared to 61 trillion won or $54.7 billion in the same period last year, a 4 percent dip.
FinancialSamsung
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Moneysaving App Firm, yboo, Secures Investment to Support Growth Strategy

yboo have just announced a long term funding deal over up to £2m that will support their 12 month growth strategy. As part of this strategy, yboo will be launching a B2B portal in which UK mobile operators will be able to access anonymised data of their audience - this will include their behaviours and usage. It will also allow them to see how their products rank against providers.
UKFinancial
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microsoft

Microsoft FY18 Q4 results sends shares up to new all-time high

Microsoft has just released fourth-quarter earnings results that sent shares up to new all-time highs. Revenue was $110.4 billion and increased 14%,  Operating income was $35.1 billion and increased 21%, Net income was $16.6 billion GAAP and $30.3 billion non-GAAP, Diluted earnings per share was $2.13 GAAP and $3.88 non-GAAP and GAAP results include a $13.7 billion net charge related to TCJA.
FinancialMicrosoft
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Dell going public in $21.7B proposal

Dell has announced that it has reached an agreement with its Special Committee of independent directors to exchange the outstanding Class V tracking stock for Class C common stock of Dell Technologies or an optional cash election. Dell Technologies Class C common stock will become publicly listed on the New York Stock Exchange.
Financial
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BlackBerry

BlackBerry FY 2019 First Quarter Results Beat Estimates as Stock Falls

BlackBerry today reported financial results for the three months ended May 31, 2018. BlackBerry's results were better than analysts were expecting, but a double-digit revenue decline and a worsening GAAP net income appears to be driving down the stock. Another factor would be that guidance for the full year calls for a slowdown in software and services growth compared to the first quarter.
FinancialBlackBerry
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BlackBerry

BlackBerry to Webcast Annual Meeting on June 20, 2018

BlackBerry will hold its Annual Meeting of Shareholders on Wednesday, June 20, 2018 at 10 a.m. ET in Waterloo, Ontario. There will be a live audio webcast that can be accessed by registering here. It can also be accessed by dialing 1-877-385-4099 and entering Access code 7797528#.
FinancialBlackBerry
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Xiaomi files for huge IPO in Hong Kong

Xiaomi filed today to go public in Hong Kong in what is expected to be the world’s biggest initial public offering since Alibaba’s $25 billion market debut in 2014. It’s the first major company to announce plans to go public in Hong Kong after its stock exchange pushed through new rules to lure tech firms.
FinancialChina
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Comcast launches £22bn Sky takeover bid

US cable operator Comcast has made a formal £22bn bid for Sky, the owner of Sky News, in a move likely to stoke a bidding war for the company. Comcast followed through on interest it registered back in February with an offer of £12.50 per share on Wednesday morning.
FinancialUK
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Carbon Black files for IPO

Carbon Black is looking to go public this year, according to a filing with the Securities and Exchange Commission on Monday. The Waltham, Mass.-based cybersecurity company said it hopes to raise up to $100 million in an initial public offering, but that amount is usually a placeholder and is revised in future filings.
Financial
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LG

LG announces preliminary earnings results for first quarter of 2018

LG today announced its preliminary earnings results for the first quarter of 2018.  The company reported tentative consolidated revenues for the first quarter of 2018 at KRW 15.1 trillion with an operating profit of KRW 1.1 trillion, marking the highest first quarter revenues and operating profit in the history of the company.
Financial
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BlackBerry

BlackBerry Announces Filing of Annual Report on Form 40-F

BlackBerry announced today that it has filed its 2018 annual report on Form 40-F with the U.S. Securities and Exchange Commission (“SEC”). BlackBerry’s Form 40-F includes the company’s 2018 annual information form (“AIF”) and the management discussion and analysis (“MD&A”) and audited financial statements of the company for the fiscal year ended February 28, 2018.
BlackBerryFinancial
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Samsung Pay

Samsung Pay Launches in Italy

Samsung announced today that Samsung Pay is now available in Italy, marking its ongoing commitment to bringing payment innovation to users around the globe. With the addition of Italy, Samsung Pay now enables users in 21 markets.
FinancialAndroid
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Google Pay launch begins rebrand of Android Pay and Google Wallet

Earlier in the year, Google announced that it would be merging its Android Pay and Google Wallet services under one new umbrella called "Google Pay." A little more than a month later, the Google Pay app is now rolling out to users via an update on the Play Store. The initial launch does not bring anything new to the table and is basically the beginning of the rebrand.
AndroidAppsFinancialGoogle
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Monimove aims to improve credit management

A new corporate supply chain finance platform launches today, which aims to improve credit management and provide additional transparency, security and flexibility for banks and their corporate customers.
Financial
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Apple Pay Cash officially launches in US

Apple has officially launched Apple Pay Cash today for all iOS 11.2 users with an eligible iPhone or iPad model in the United States. Apple Pay Cash allows for quick person-to-person money transfers, much like competing services..
AppleUSFinancial
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