Internet News Headlines

U.S. business lobby says concerned China antitrust probes unfair

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BEIJING - Foreign companies are increasingly concerned they are being targeted by Chinese regulators, a U.S. business lobby said on Tuesday, as a Chinese antitrust agency defended probes into firms such as U.S. chipmaker Qualcomm Inc.

9:09am BST

Samsung Electronics says may acquire rest of Samsung Medison

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SEOUL - Samsung Electronics Co Ltd said on Tuesday that it is considering acquiring the shares of unlisted medical equipment maker Samsung Medison Co Ltd that it does not currently own.

9:24am BST

Mon, Sep 1 2014

EU seeks rivals' feedback on Facebook, WhatsApp deal

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BRUSSELS - EU antitrust regulators are asking Facebook's rivals and telecoms operators whether the world No. 1 online social network's proposed $19 billion (11.44 billion pounds) bid for mobile messaging startup WhatsApp will lead to price hikes and curb innovation.

01 Sep 2014

China gives Microsoft 20 days to provide explanation in anti-trust probe

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BEIJING - A Chinese anti-trust regulator said on Monday it has given Microsoft Corp 20 days to reply to queries on the compatibility of its Windows operating system and Office software suite amid a probe into the world's largest software company.

01 Sep 2014

German Tipp24 restores forecast after jackpot mistake

FRANKFURT - One day after unveiling a profit warning, German Internet lottery company Tipp24 reverted to its previous outlook, saying the report of a jackpot that prompted the warning had been mistaken.

01 Sep 2014

Samsung Heavy to absorb Samsung Engineering for $2.5 billion

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SEOUL - Samsung Heavy Industries will absorb Samsung Engineering for about $2.5 billion (1.50 billion pounds), the latest step in a restructuring at South Korea's largest conglomerate that has accelerated since the controlling Lee family's patriarch was hospitalised in May.

01 Sep 2014

North Korea tightens grip on phone SIM cards used by tourists

SEOUL - In a move that makes it harder for North Koreans to gain illicit access to the global Internet, North Korea now only allows mobile phone SIM cards used by tourists to be active for the duration of their visit, tourism sources told Reuters.

01 Sep 2014

New Apple iPhone to have 'mobile wallet' function - Bloomberg

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- Apple Inc plans to enable its next iPhone to become a mobile wallet by allowing owners to securely make mobile payments in a store with the touch of a finger, Bloomberg said on Sunday, citing a person familiar with the situation.

01 Sep 2014

Sun, Aug 31 2014

Swatch prefers go-it-alone route for smartwatch plans

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BIEL (Switzerland) - Swatch Group is happy to go it alone with a launch next year of watches with "smart" features to compete with so-called wearable gadgets from the big tech companies, a market potentially worth $93 billion.

31 Aug 2014

Mon, Sep 1 2014

Google tests airborne drones to deliver goods

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SAN FRANCISCO - Google Inc is developing airborne drones capable of flying on their own and delivering anything from candy to medicine, the Internet company said on Thursday. | Video

01 Sep 2014
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UK’s strong GDP has a soft centre

The headline - 0.8 percent second-quarter growth - sounds good. But construction shrank and industrial production was weak. Only services were strong. It sounds like a warning of future problems. Expectations of a UK interest rate rise may be delayed, leading the pound down.