Cisco to buy BroadSoft in $1.9 billion deal
Reuters, 23 October at 15:43
(Reuters) - Cisco Systems Inc (CSCO.O) will buy U.S. telecommunications software company BroadSoft Inc (BSFT.O) in a deal valued at $1.9 billion, as the world's largest networking gear producer shifts from its stagnating legacy business of switches and ...
Prince Alwaleed says bitcoin will implode: 'Enron in the making'
CNBC, 23 October at 15:04
"It just doesn't make sense. This thing is not regulated, it's not under control, it's not under the supervision" of any central bank, Alwaleed says. Bitcoin has surged about 500 percent this year. Fred Imbert | @foimbert. Published 36 Mins Ago Updated
Merrill Lynch fined $45.5M for failure to report transactions
USA TODAY, 23 October at 14:51
Bank of America's Merrill Lynch unit has been fined $45.5 million by Britain's Financial Conduct Authority for failing to report details of trading in exchange-traded derivatives, the market regulator said Monday. The enforcement action, the first of
Hartford to buy Aetna's US group life, disability unit for $1.45bn
Financial Times, 23 October at 14:44
Hartford Financial Services on Monday said it has agreed to pay $1.45bn in cash for Aetna's arm that provides life and disability insurance in the US. Aetna's group life and disability insurance unit had premiums of $2bn last year. The acquisition will
Kaspersky fights spying claims with code review plan
TechCrunch, 23 October at 14:42
Russian cybersecurity software maker Kaspersky Labs has announced what it's dubbing a “comprehensive transparency initiative” as the company seeks to beat back suspicion that its antivirus software has been hacked or penetrated by the Russian ...
Europe markets higher amid earnings; Spain's banks weigh amid Catalonia crisis
CNBC, 23 October at 14:26
The pan-European Stoxx 600 was up by around 0.3 percent during lunchtime deals with almost every sector and major bourses in positive territory. Spain's biggest political crisis in decades moves into a decisive week on Monday, as Madrid seeks to impose ...
Tesla is trying to work out a deal for a factory in China
Business Insider, 23 October at 14:17
Tesla is in talks with Shanghai's municpial government to set up a factory in the region. Tesla expects a deal to be reached by the end of the year. (Reuters) - Electric car maker Tesla Inc reaffirmed on Sunday it is talking with the Shanghai municipal ...
London Mayor joins business demands for Brexit transition deal
Reuters, 23 October at 14:15
LONDON (Reuters) - London Mayor Sadiq Khan joined Britain's business leaders in warning that companies would start moving jobs and investment out of the country if they do not get a transition deal soon, saying businesses were not bluffing with their ...
HEB, Trader Joe's, Walmart listed in massive vegetable recall
KPRC Houston, 23 October at 13:51
Mann Packing of Salinas, California is voluntarily recalling minimally processed vegetable products because they may be contaminated with Listeria monocytogenes. More than 20 brands were yanked from shelves in the United States and Canada after one ...
Old, polluting vehicles in London are now subject to a tough 'toxicity charge'
CNBC, 23 October at 13:44
A toxicity charge aimed at discouraging the use of polluting vehicles in central London has come into force. As of Monday morning, drivers of "older, more polluting petrol and the dirtiest diesel vehicles" will have to pay a £10 ($13.18) "T-Charge" on
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