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.
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.
- 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.
- 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.
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.
- 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 .
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.
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.
Mon, Aug 3 2015
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
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.