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Microsoft sells patents to Xiaomi, builds ‘long-term partnership’



SINGAPORE (Reuters) - Software maker Microsoft Corp is selling about 1,500 of its patents to Chinese device maker Xiaomi [XTC.UL], a rare departure for the U.S. company and part of what the two companies say is the start of a long-term partnership.


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Spotify revenues grow 80 percent to 1.9 billion euros in 2015, operating loss widens STOCKHOLM (Reuters) - Music streaming service Spotify reported an 80 percent increase in revenues to 1.945 billion euros in 2015 as its user base sw...
SoftBank first-quarter profit flat, profits at domestic telecoms business solid TOKYO (Reuters) - SoftBank Group Corp reported a 0.2 percent increase in first-quarter operating profit as solid profits in its domestic telecommun...
Sprint, T-Mobile iPhone pre-orders boost Apple shares (Reuters) - U.S. wireless carriers Sprint Corp and T-Mobile US Inc said on Tuesday they received strong pre-orders for Apple Inc's iPhone 7, send...

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