Sat11252017

LAST_UPDATESat, 25 Nov 2017 3pm

Broadcom Considering Sweetened Qualcomm Bid: Sources

Pic: Reuters (A sign to the campus offices of chip maker Broadcom Ltd, who announced on Monday an unsolicited bid to buy peer Qualcomm Inc for $103 billion, is shown in Irvine, California, U.S., November 6, 2017.)

Chipmaker Broadcom Ltd is considering raising its offer to buy rival Qualcomm Inc by offering more of its own stock, following consultation with several of Qualcomm’s top shareholders, according to people familiar with the matter.

Read more: Broadcom Considering Sweetened Qualcomm Bid: Sources

Apple Says Illegal Student Labor Discovered At iPhone X Plant

Pic: Reuters (An iPhone X is seen on a large video screen in the new Apple Visitor Center in Cupertino, California, U.S., November 17, 2017.)

BEIJING - Smartphone maker Apple Inc (AAPL.O) and its biggest manufacturing partner on Wednesday said that a small number of students were discovered working overtime in its Chinese factory, violating local labor laws.

Read more: Apple Says Illegal Student Labor Discovered At iPhone X Plant

Peter Thiel Sells Most Of Remaining Facebook Stake

Pic: Reuters (PayPal co-founder and Facebook board member Peter Thiel delivers his speech on the U.S. presidential election at the National Press Club in Washington, U.S., October 31, 2016.)

Facebook Inc’s first major investor Peter Thiel has sold three-quarters of his remaining stake in the social network as part of a previously established trading plan, a regulatory filing showed.

Read more: Peter Thiel Sells Most Of Remaining Facebook Stake

Bank Negara To Enforce Crypto Regulation In 2018

KUCHING: Bank Negara Malaysia (BNM) will designate persons converting crypto currencies into fiat money as reporting institutions under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 beginning next year.

Read more: Bank Negara To Enforce Crypto Regulation In 2018

US Telecoms Rise After 'Net Neutrality' Reversal

Telecommunications shares gained on Wednesday, after regulators released a plan to reverse Obama-era rules that treated internet providers like utilities.

Read more: US Telecoms Rise After 'Net Neutrality' Reversal

SEB Hopes To Complete Power Supply Deal With Sabah Next Year

KUCHING – Sarawak Energy Bhd (SEB) hopes to close the power supply deal with Sabah next year and expects its transmission line from the Murum Dam to Lawas to be completed by 2021, said Chief Executive Officer Sharbini Suhaili.

Read more: SEB Hopes To Complete Power Supply Deal With Sabah Next Year

Legoland Malaysia Resort Launches World’s First Virtual Reality Roller Coaster

ISKANDAR PUTERI -- LEGOLAND Malaysia Resort (LMR) today officially launched the world’s first LEGO Virtual Reality (VR) Roller Coaster at its theme park, here.

Read more: Legoland Malaysia Resort Launches World’s First Virtual Reality Roller Coaster

Allow Cryptocurrency Usage, Ban Trading

KUCHING -- Regulators should allow the usage of cryptocurrency in Malaysia rather than ban it, as the electronic money can serve as an universal currency while help eliminate foreign exchange cost, suggests Chief Executive Officer Raja Teh Maimunah Raja Abdul Aziz.

Read more: Allow Cryptocurrency Usage, Ban Trading

Women Entrepreneurs Urged To Shift From Typical Businesses

KUCHING – Women entrepreneurs are urged to move away from the typical businesses including selling skin care products, clothes and cosmetics to other forms of business to avoid stiff competition.

Read more: Women Entrepreneurs Urged To Shift From Typical Businesses

IT Sector To See Growth In Hiring Demand In 2018

Pic: BernamaKUALA LUMPUR: The information technology (IT) sector is expected to see growth in hiring demand next year following the increase in the adoption of digital transformation programmes by businesses, said Kimberlyn Lu, Country Head of specialist professional recruitment firm, Robert Walters Sdn Bhd.

Read more: IT Sector To See Growth In Hiring Demand In 2018