• Embattled ZTE seeks $10.7 billion credit line, nominates 8 board members

    6 days ago - By Reuters

    HONG KONG - Chinese telecommunications giant ZTE Corp has proposed a $10.7 billion financing plan and nominated eight board members in a drastic management overhaul, as it seeks to rebuild a business crippled by a U.S. supplier ban.
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  • 10 things in tech you need to know today

    10 things in tech you need to know today

    6 days ago - By Business Insider

    Good morning! This is the tech news you need to know this Thursday.
    1. WeWork is raising new funds and seeking a valuation of $35 billion. That valuation would make WeWork the second most valuable startup in the world, behind only Uber.
    2. Tesla Motors CEO Elon Musk has purchased about $25 million worth of stock in his own company. That's just a day after Musk told employees that Tesla planned to let go of 9% of its total workforce.
    3. Comcast on Wednesday officially bid $65 billion for 21st Century Fox, topping Disney's $52 billion offer. The proposal comes one day after a court approved...
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  • Embattled ZTE proposes $10.7 billion credit proposal, new board

    6 days ago - By Reuters

    HONG KONG - Chinese telecommunications giant ZTE Corp has proposed a $10.7 billion financing plan and nominated eight board members in a drastic management overhaul, as it seeks to rebuild a business crippled by a U.S. supplier ban.
    Read more ...