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U.S. considers 'proportionate' response to Sony hacking attack

WASHINGTON - The United States said on Thursday a cyber attack on Sony Pictures blamed on North Korea was a serious national security matter and the Obama administration was considering a proportional response. | Video

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Rise of the car-sharing apps poses threat to auto sector

LONDON - The humble smartphone could throw a spanner in the works of the car sector's post-crisis turnaround, with the big manufacturers facing a long-term threat from apps that make it easier and cheaper to share or hire vehicles than to buy them.

10:23am EST

GE to launch breakdancing documentary for streaming devices

- U.S. industrial conglomerate General Electric Co plans to release its first feature film through video streaming devices like Roku and Apple TV in a marketing effort that raises the bar for sponsored content.

Film, Media 10:10am EST

New York regulator lays out tweaks to bitcoin rules

WASHINGTON - New York state plans to soften proposed rules for virtual currencies such as bitcoin, its banking regulator said on Thursday, after receiving a round of public comments.

2:54pm EST

Accenture raises full-year revenue forecast after strong first-quarter

- Consulting and outsourcing company Accenture Plc raised its revenue forecast for fiscal 2015 after contract wins helped the company post better-than-expected first-quarter earnings and revenue.

Media 11:00am EST

Alcatel-Lucent shares jump 8 percent on Nokia merger report

LONDON/HELSINKI - Two of Europe's top three remaining telecommunications equipment companies, Nokia Networks and Alcatel-Lucent , have revived talks on a possible merger, Germany's Manager Magazin reported on Thursday, citing company sources.

Deals, Germany, Media 12:13pm EST

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