Fabless chip vendor and technology licensor Rambus said Monday (June 6) it would acquire Semtech's Snowbush serial interface intellectual property business for US$32.5 million in cash, plus additional payments over the next several years.

Yahoo has kicked off an auction for a portfolio of about 3,000 patents expected to fetch more than US$1 billion, according to people familiar with the matter.

As of 0135 GMT, the main TAIEX index gained as much as 0.9% to 8,753.46 points, its highest level since March 31.

After six months and US$5.6 billion, the appliance division of General Electric officially belongs to Chinese manufacturer Haier, the companies said at a press conference Monday.

Chinese companies are still seeking US public listings despite a rush of delistings in the past year or so, said Nasdaq CEO Robert Greifeld on Friday.

Google is seeking to raise between $218 million and $221 million by selling shares in Chinese personal computer maker Lenovo, according to a deal term sheet seen by IFR on Wednesday.

The deal marks the company's biggest cash influx from a single investor.

A clone of the Facebook social media site has briefly appeared in North Korea before quickly going offline.

Apple plans to issue bonds in Taiwan for the first time with the aim of raising $1 billion, sources familiar with the matter said, joining a queue of big global names that have sold billions of dollars on the island's busy debt market.

Jawbone was recently reported to be leaving the wearables market following rumors which stemmed from a report detailing that the company was selling off remaining stock of their UP 2, UP 3, and UP 4 fitness trackers to a third-party.

Apple will likely take three years between full-model changes of its iPhone devices, a year longer than the current cycle. In a typical two-year term, fall 2016 was supposed to see a major upgrade. But the changes on the model to be launched this autumn will be minor, such as improved camera quality.

A patent-licensing firm is seeking to force Apple to suspend its Facetime and iMessage services claiming it has suffered "irreparable harm" as a result of the tech giant's actions.

The iPhone 7 might introduce a new starting point for built-in storage while also improving RAM.

Okmetic Oyj (Vantaa, Finland), a supplier of engineered wafers for MEMS and analog applications and the eighth largest wafer supplier in the world, has recommended acceptance of an offer from National Silicon Industry Group (NSIG) of Shanghai, China.

Xiaomi has agreed to purchase around 1,500 patents from Microsoft in an example of the rising costs facing the Chinese smartphone startup as it expands outside China.

Although Skyworks posted revenue growth, it missed the estimates. This indicated that the slowdown in iPhone sales hit the company's earnings more than what was expected. This saw the company's stock fall by 6.9% after the announcement of the earnings.

In a surprise announcement, Swedish mining firm KnC Miner said today that it is filing for bankruptcy, citing Bitcoin block reward halving and competition from Chinese hardware companies.