Internet News Headlines

Apple denies it plans to sell mobile services directly to consumers

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FRANKFURT - Apple, the world's most profitable mobile phone maker, has denied a media report that it is working on a plan to market communications services directly to consumers and bypass telecom operators.

4:22pm BST

BMW CEO puts digital trends at center of strategy review

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FRANKFURT - BMW's new Chief Executive Harald Krueger plans to overhaul the carmaker's strategy to make it fit for the digital future of driving, he said on Tuesday.

2:53pm BST

Marvell wins cut in $1.54 billion Carnegie Mellon damages award

- A federal appeals court on Tuesday ordered a reduction in the $1.54 billion damages award that Marvell Technology Group Ltd was ordered to pay Carnegie Mellon University for infringing two hard disk drive patents held by the school.

3:24pm BST

Sprint reports smaller-than-expected loss, promises more cost cuts

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- Sprint Corp reported a much smaller-than-expected first-quarter loss, along with record-low customer defections, and the company said it would continue to focus on the cost cuts that helped to drive its performance in the period.

4:30pm BST

Alibaba hires former Goldman banker Evans as president

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BEIJING - Alibaba Group Holding Ltd has hired former Goldman Sachs Group Inc partner Michael Evans to oversee the e-commerce company's international expansion, a top priority as the firm looks beyond China to sustain its heady growth rates.

1:09pm BST

Charter Communications posts bigger quarterly loss

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- U.S. cable company Charter Communications Inc reported a bigger quarterly loss, hurt by costs related to debt extinguishment and the failed deal between Comcast Corp and Time Warner Cable Inc .

2:37pm BST

Samsung glamour days over as it fights to save mobile market share

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SEOUL - For four years Samsung Electronics Co Ltd has basked in the success of its Galaxy smartphones, making billions of dollars competing with Apple Inc in the premium mobile market.

10:11am BST

Tech lift to productivity overlooked? The Fed doesn't think so

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SAN FRANCISCO - Steve Gutmann used to have a basement that he never used. His Honda Civic sat idle in front of his Portland, Ore. house. 

7:33am BST

Mon, Aug 3 2015

German carmakers buy Nokia maps to fend off digital rivals

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FRANKFURT - German carmakers BMW , Audi and Mercedes , will pay around 2.5 billion euros ($2.8 billion) to buy Nokia's maps business, beating out high-tech rivals for location services seen as key to the future of self-driving cars. | Video

03 Aug 2015

EU regulators to decide on NXP, Freescale deal by September 4

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BRUSSELS - European Union competition authorities will decide by Sept. 4 whether to allow Dutch chipmaker NXP to acquire U.S. rival Freescale in a $11.8 billion deal.

Deals, Tech 03 Aug 2015