EU antitrust chief expected to charge Google on Wednesday: sources
By Foo Yun CheeBRUSSELS (Reuters) - Europe's antitrust chief is expected to hit Google on Wednesday with anti-competitive charges concerning its Android mobile phone operating system, two people...
View ArticleApple refused China request for source code in last two years: lawyer
By Dustin VolzWASHINGTON (Reuters) - Apple Inc has been asked by Chinese authorities within the last two years to hand over its source code but refused, the company's top lawyer told lawmakers on...
View ArticleCanada's competition watchdog drops probe into Google
By Alastair SharpTORONTO (Reuters) - Canada's Competition Bureau said on Tuesday that it was dropping an investigation into Google after saying in 2013 that it suspected the company was abusing its...
View ArticleOneWeb to build 15 internet satellites a week at Florida factory
By Irene KlotzCAPE CANAVERAL, Fla. (Reuters) - Satellite internet Startup OneWeb Ltd plans to manufacture 15 satellites per week at a planned factory in Florida as part of its push to provide global...
View ArticleYahoo results edge past estimates in good sign for sale of business
By Deborah M. ToddSan Francisco (Reuters) - Yahoo Inc's first-quarter results beat Wall Street estimates by a hair on Tuesday in what was taken as a good sign for the web pioneer's plan to auction its...
View ArticleIntel to cut up to 12,000 jobs as PC industry swoons
By Narottam Medhora(Reuters) - Intel Corp said on Tuesday it would cut up to 12,000 jobs globally, or 11 percent of its workforce, as it refocuses its business towards making microchips that power data...
View ArticleVMware results, forecast boosted by strong sales of newer software
By Kshitiz Goliya(Reuters) - VMware Inc reported a better-than-expected rise in quarterly revenue, helped by strong sales of its newer virtualization software, and the company also said it would buy...
View ArticleConsortium led by China's Apex to buy Lexmark for $3.6 billion
(Reuters) - Printer maker Lexmark International Inc has agreed to be taken private by a group of investors led by China-based Apex Technology Co Ltd and PAG Asia Capital in a deal valued at $3.6...
View ArticleGlobal FinTechs take on Big Four in new Australian frontier
By Swati PandeySYDNEY (Reuters) - When U.S.-based financial technology company Acorns launched in Australia in February, its mobile app that helps people invest loose pennies in stock markets received...
View ArticleToshiba preparing Westinghouse writedown, CEO to step down: sources
By Makiko Yamazaki and Taro FuseTOKYO (Reuters) - Japan's Toshiba Corp is preparing to write down the value of its stake in U.S. nuclear subsidiary Westinghouse by around 200 billion yen ($1.84...
View ArticleExclusive: Verizon set to make Yahoo's bidder short list - sources
By Greg Roumeliotis and Liana B. Baker(Reuters) - Verizon Communications Inc was set on Tuesday to advance to the second stage of bidding for Yahoo Inc's core assets, as the U.S. internet company went...
View ArticleBaidu says completed around $155 million fundraising for new video business...
BEIJING (Reuters) - Baidu Inc has completed raising around 1 billion yuan ($154.69 million) for a new video business affiliate, it said in a posting on its microblog on Wednesday.Baidu Video will...
View ArticleToshiba preparing Westinghouse writedown, CEO to step down: source
TOKYO (Reuters) - Japan's Toshiba Corp is preparing to write down the value of its stake in U.S. nuclear subsidiary Westinghouse by around 200 billion yen ($1.83 billion), sources familiar with the...
View ArticlePayday borrowers can pay hundreds in bank fees: U.S. consumer agency
WASHINGTON (Reuters) - Online payday lenders often collect loan payments by automatically debiting bank accounts, which has put borrowers who cannot pay on the hook for almost $200 in fees and other...
View ArticleEU competition chief to hold news conference at 0930 GMT
BRUSSELS (Reuters) - EU competition commissioner Margrethe Vestager will hold a news conference at 1130 CET (0930 GMT) concerning a competition case, the European Commission announced on Wednesday.It...
View ArticleEU charges Google with abusing Android market dominance
By Foo Yun CheeBRUSSELS - The European Union charged Google on Wednesday with abusing the dominant position of its Android mobile operating system, opening a second front against the U.S. technology...
View ArticleChina's LeEco unveils all-electric concept car with sights set on industry...
By Norihiko ShirouzuBEIJING (Reuters) - China's Le Holdings Co Ltd, also known as LeEco and formerly as LeTV, on Wednesday unveiled an all-electric battery concept car whose production version the...
View ArticleChina Mobile's first-quarter net profit rises 0.5 percent
HONG KONG (Reuters) - China Mobile Ltd, the country's largest wireless carrier, said on Wednesday its net profit for the first three months of 2016 edged up by just 0.5 percent, as popular messaging...
View ArticleEMC revenue falls on weakness in data storage business
(Reuters) - EMC Corp reported a 2.5 percent fall in quarterly revenue, as strong sales in its enterprise software division failed to offset weak performance in its traditional data storage business and...
View ArticleHow Swedish start-up Neo Technology helped crack the Panama Papers
By Mia ShanleySTOCKHOLM (Reuters) - Every start-up hopes for a lucky break. Swedish company Neo Technology only found out it was getting one the day the Panama Papers made headlines around the...
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