(Reuters) - Comcast's NBCUniversal is planning to invest an average of about $2.5 billion a year to broadcast a package of National Basketball Association games, the Wall Street Journal reported on Monday.
(Reporting by Jaspreet Singh in Bengaluru; Editing by Anil D'Silva)
WASHINGTON (Reuters) - A former employee of the U.S. National Security Agency (NSA) was sentenced on Monday to nearly 22 years in prison for attempting to transmit classified information to someone he thought to be a Russian agent but turned out to be an FBI undercover employee, the U.S. Justice Department said.
Jareh Sebastian Dalke, 32, of Colorado Springs, Colorado, pleaded guilty in October to six counts of attempting to transmit classified... (continue reading...)
(Reuters) - F5 on Monday reported disappointing quarterly sales and gave a downbeat earnings forecast, as it grappled with weak demand for its software products used in cloud and security applications, sending its shares down 10% in extended trading.
Security and IT services firms have come under pressure as companies curb their technology spending due to economic uncertainties.
The business environment continued to be challenging as... (continue reading...)
By Brendan Pierson
(Reuters) - A U.S. judge on Monday rejected a challenge by Bristol Myers Squibb and Johnson & Johnson to a law requiring them to negotiate the prices of their blockbuster blood clot prevention drugs with the U.S government's Medicare health insurance program or pay heavy penalties.
U.S. District Judge Zahid Quraishi in Trenton, New Jersey, became the fourth federal judge to uphold the program, one of Democratic... (continue reading...)
By Jamie McGeever
(Reuters) - A look at the day ahead in Asian markets.
Asian FX traders will be on heightened Japanese intervention alert again on Tuesday after Tokyo reportedly stepped into the market on Monday, catapulting the yen up from a 34-year low of 160 per dollar and onto a roller-coaster ride of volatility.
It was the dollar's breach of 160 yen that appears to have snapped the Ministry of Finance's patience. The... (continue reading...)
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