Latest Business News

• Square introduces new payment terminal for small businesses
  Square Inc, the company led by Twitter Inc Chief Executive Jack Dorsey, on Thursday launched a payment terminal for small business clients, expanding its suite of hardware products.
  
• Netflix needs lower prices to woo India
  Netflix Inc's Indian operation drew attention in a surge of international subscribers in the third quarter, but it faces fierce competition and a difficult cultural conundrum to make inroads with the country's more than one billion TV viewers.
  
• Thousands of Seoul taxi-drivers rally against plans for carpool service
  Tens of thousands of South Korean taxi-drivers held a rally on Thursday in Seoul, the capital, saying a carpooling service planned by the operator of the country's top chat app would threaten their livelihoods and jobs.
  



• Ericsson tops third-quarter forecasts as savings and 5G sales kick in
  Mobile telecom equipment maker Ericsson beat third-quarter operating profit forecasts on Thursday, boosted by sales of next-generation 5G gear in North America, and said it was making solid progress toward its long-term financial goals.
  
• Sirius XM, Amazon join forces in push linked to Echo devices
  Satellite radio company Sirius XM Holdings Inc is teaming up with Amazon.com in its push into listeners' homes to move beyond its stronghold inside vehicles.
  
• TSMC sees modest fourth quarter revenue growth, shrugs off trade war impact
  Taiwan Semiconductor Manufacturing Co (TSMC) offered a modest fourth-quarter revenue growth outlook, predicting weaker sales of high-performance computers for cryptocurrency mining will partially offset solid demand for chips from smartphones.
  
• Tennis star Wozniacki signs deal to launch her own crypto token
  Tennis ace Caroline Wozniacki signed a deal with a Singaporean company to launch her own crypto token on Thursday, with the firm saying it hoped ex-soccer star Michael Owen or boxer Manny Pacquiao would be the first to sell such a token next year.
  
• Tesla secures Shanghai site for $2 billion China Gigafactory
  Tesla Inc has signed an agreement with the Shanghai government for an 860,000 square meter plot of land to build its first overseas Gigafactory, the electric carmaker said in a Chinese social media post on Wednesday.