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EBay considering PayPal spinoff: report

- EBay Inc is considering a spinoff of PayPal, its fast-growing payments unit, as soon as next year, tech news website The Information reported, citing sources.

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Opera's Mini browser to be installed on Microsoft phones

OSLO - Norwegian software maker Opera signed a deal to take over the browser building unit of Microsoft's Nokia mobile phone unit and reported second-quarter earnings above expectations on Thursday, sending it shares sharply higher.

8:07am BST

British IT outsourcing company Quindell considers U.S. listing

- Quindell Plc, a British IT outsourcing and consultancy company whose stock has been hammered following allegations by a short-seller, said it is exploring a U.S. stock listing and will not immediately re-apply for a premium listing in London.

11:18am BST

Hewlett-Packard posts surprise revenue gain after PC sales jump

SAN FRANCISCO - Hewlett-Packard Co posted a surprise increase in quarterly revenue after sales from its personal computer division climbed 12 percent, but a flat to declining performance from its other units underscored the company's uphill battle to revive growth.

20 Aug 2014

Infineon denies paying too much for International Rectifier

FRANKFURT - Infineon brushed off concern that it was spending too much to buy U.S.-based International Rectifier, saying the deal promised a wealth of benefits for the German chipmaker. | Video

Deals 12:02pm BST

Silicon Valley startup accelerators on the hunt for health-tech talent

SAN FRANCISCO - What do Dropbox, Stripe, Airbnb and Reddit have in common? These technology firms all received mentorship and money from Silicon Valley's so-called startup machine, Y Combinator.

12:24am BST
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Class action against Facebook attracts 60,000 users

VIENNA - An Austrian law student said his class action challenging Facebook for alleged privacy violations had gathered support from 60,000 users and passed its first legal review.

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