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EBay supports Google over Brussels antitrust probe - FT

- EBay Inc Chief Executive John Donahoe has supported arguments made by Google Inc in its defence in an antitrust case, saying the two companies are direct competitors in online shopping, the Financial Times reported.

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Alibaba, China Telecom tie up to sell phones

SHANGHAI - Chinese e-commerce leader Alibaba Group Holding Ltd and state-owned China Telecom Corp Ltd have tied up to sell inexpensive smartphones aimed at boosting mobile commerce in smaller cities and rural areas.

25 Apr 2015

Sony raises FY 2015 profit forecast to $2.52 billion - Nikkei

TOKYO - Japanese consumer electronics firm Sony Corp has raised its operating profit estimate for fiscal 2015 to 300 billion yen ($2.52 billion), or four times its previous estimate, the Nikkei reported on Saturday.

Japan 25 Apr 2015

EU antitrust case against Google based on 19 complainants - sources

BRUSSELS/BERLIN - The European Union's decision to take on Google last week stems from offical complaints by 19 companies in Europe and the United States, including Microsoft and a number of small firms, people familiar with the matter said on Friday.

Business 24 Apr 2015

No plans for EU online regulator - officials

BRUSSELS - Draft plans for a pan-European regulator for online businesses did not win backing and have been scrapped, EU officials said on Friday.

24 Apr 2015
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