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Apple denies plan to sell mobile services directly to consumers

FRANKFURT/PARIS - Apple Inc , the world's most profitable mobile phone maker, has denied working on a plan to market communications services directly to consumers and bypass the telecom companies on which it has long relied to sell its products.

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Marvell Technology wins cut in $1.54 billion Carnegie Mellon patent award

- A U.S. appeals court upheld a jury verdict that Marvell Technology Group Ltd infringed two hard disk drive patents held by Carnegie Mellon University, but said a $1.54 billion damages award against the chipmaker should be reduced significantly.

Sprint reports smaller-than-expected loss; SoftBank to keep stake

- Sprint Corp reported a much smaller-than-expected quarterly loss on Tuesday, and majority owner SoftBank Corp assuaged investors' concerns by saying it had no plans to sell its stake in the wireless carrier.

2:07pm EDT

Charter Communications revenue beats as it adds more Internet users

- U.S. cable company Charter Communications Inc reported a slightly higher-than-expected quarterly revenue as addition of more Internet subscribers offset the impact of a fall in its video customers.

1:28pm EDT

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

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.

5:11am EDT

United Airlines CFO Rainey moves to same position at PayPal

- United Continental Holdings Inc Chief Financial Officer John Rainey has left the fourth-biggest passenger air carrier in the United States to take up the same role at PayPal Holdings Inc , the companies said Tuesday.

3:38pm EDT