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Cost of data breaches increasing to average of $3.8 million, study says

- The cost of data breaches is rising for companies around the world as sophisticated thieves target valuable financial and medical records, according to a study released on Wednesday.

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Toshiba considers special dividend to make up for no year-end payment: sources

TOKYO - Japanese industrial conglomerate Toshiba Corp is considering paying a special dividend to compensate investors after skipping a year-end payment due to a probe into accounting irregularities, sources familiar with the situation said.

6:07am EDT

Sony mobile executive: pricing tweaks, cost cuts to cope with dollar's rise

TOKYO - The head of Sony Corp's loss-making mobile telecoms unit plans to tweak handset prices and cut costs if need be to absorb the dollar's sharp rise versus the yen, citing currency shifts as a bigger potential threat to the Japanese electronics maker's efforts to turn the business around than competition.

5:07am EDT

Orange sees no need for more Spanish assets after Jazztel buy

MADRID - French telecoms group Orange said on Wednesday it saw no need to buy further assets in Spain following a takeover of Spanish rival Jazztel which was approved by the Spanish regulator on Tuesday.

Deals 5:06am EDT

Alibaba-affiliated online bank get green light from China regulator

SHANGHAI - China's banking regulator has given a green light to MYbank, the online bank affiliated with Chinese e-commerce giant Alibaba Group Holding Ltd, to start operating.

5:40am EDT

Xiaomi tests online European market with small accessories

- Xiaomi [XTC.UL], China's largest smartphone maker, is testing the European market with its online store offering fitness bands, headphones and power banks in France, Germany and the UK.

5:53am EDT