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Tech`s news

Technology giant Apple said on Wednesday it is moving its London headquarters to the landmark Battersea Power Station, a move hailed by the government as a sign that major firms are still investing after the Brexit vote. more...


By Alastair Sharp and Allison Martell TORONTO (Reuters) - BlackBerry Ltd will outsource the development and design of its smartphones, a product category it helped pioneer and popularize, as the Canadian company bets on software and managing rival devices, it said on Wednesday. Shares of BlackBerry rose about 6 percent in early trading, even as it reported a sharper-than-expected drop in quarterly revenue. BlackBerry said it was also in late-stage discussions for a similar deal in China and working on several India initiatives. more...


HONG KONG/MUMBAI (Reuters) - Wal-Mart Stores Inc is in talks to buy a minority stake in India's largest e-commerce firm Flipkart, two sources familiar with the matter said, as the world's biggest retailer aims to get a slice of a fast-growing online retail market. One of the sources said the U.S. retailer was looking to invest between $750 million and $1 billion in Flipkart, but the final value and size of the stake would depend on the outcome of talks about the Indian company's overall valuation. Wal-Mart in India and Flipkart declined to comment. more...


By Nqobile Dludla JOHANNESBURG (Reuters) - Uber Technologies starts its UberEats food-delivery service in South Africa on Thursday before expanding in the rest of the country and into the continent, it said on Wednesday. It will begin delivering meals in the northern suburbs of Johannesburg, South Africa's largest city, before moving across the Gauteng province and to Cape Town in 2017, Uber Operations and Logistics Manager Dave Kitley told reporters. Uber is making an aggressive global drive into takeaway meal deliveries, gearing up with a big staff recruitment campaign to enter at least 22 more countries. more...


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