Alphabet adds to cash pile despite higher costs, antitrust fine | | SAN FRANCISCO (Reuters) - Alphabet Inc reported a 21 percent jump in quarterly revenue on Monday, maintaining a growth rate that is rarely seen among companies its size and suggesting the big sales gains enjoyed recently by the other Internet firms are not done yet. |
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LG Display plans to invest $13.5 billion to boost OLED production | | SEOUL (Reuters) - South Korea's LG Display Co Ltd outlined plans to invest $13.5 billion to boost production of organic light-emitting diode (OLED) screens over the next three years, aiming to ride surging demand for the flexible panels from TV and smartphone manufacturers. |
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Nasdaq to acquire UK market surveillance startup | | NEW YORK (Reuters) - Nasdaq Inc has agreed to acquire Sybenetix, a London-based startup that uses artificial intelligence to help compliance officers at asset management firms analyze the behavior of their traders in order to prevent market abuse. |
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