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If you can’t beat them, buy them. European banks are acquiring mobile-savvy financial technology (fintech) start-ups rather than building their own. Given the long history of start-ups that have sold themselves for eye-watering

Lenovo expects its loss-making smartphone business to turn a corner next financial year as it shifts toward higher-end devices and ramps up marketing in the US and China. The world’s largest PC maker

Ford Motor Co, which put the world on wheels a century ago, is now taking the driver out of the driver’s seat. The company said it plans to have a fully autonomous vehicle – no steering wheel and no accelerator or brake

Cisco Systems, the largest maker of networking equipment, will cut as many as 14 000 employees worldwide, or 20% of its workforce, CRN reported, citing people close to the company. San Jose, California-based Cisco