| | Fidelity marks down stake in pre-IPO startups Cloudera, Dropbox | | BOSTON (Reuters) - Fidelity Investments has slashed its estimated valuation of technology companies Cloudera and Dropbox, a report on Wednesday showed, in the latest indication of concern over the high prices of startups that have raised many millions from private investors, but delayed going public. | | | | Foxconn agrees to buy Sharp after slashing original offer | | TOKYO/TAIPEI (Reuters) - Taiwan's Foxconn agreed to acquire Japan's Sharp Corp at a big discount to its original offer, capping a month of wrangling that sowed more doubt over whether the two companies can work well together and fend off fierce competition from rivals. | | U.S. arrests oil industry networking site creator over hacks | | NEW YORK (Reuters) - The founder of an oil and gas networking website was arrested on Wednesday on charges that he hacked and stole information from a rival site he had created and sold to DHI Group Inc, the Federal Bureau of Investigation said. | | | | Cyber insurance rates fall with lull in major hacks | | (Reuters) - A lull in high-profile data breaches prompted insurers to cut cyber insurance rates for high-risk businesses such as retailers and healthcare companies during the first three months of this year, according to insurance industry brokers. | | | | | | | | Related Video | | | | | | | | | Mediafile | | | | | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | A quick-fix on the day's news delivered when you want it. Register Today | | | | » » MORE NEWSLETTERS | | |
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