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IBM says cloud business enjoying 'breakthrough year'

LONDON - IBM aims to expand the number of data centers it offers clients around the world by 25 percent to meet fast-rising demand for internet-based services, after what a company executive said has been a "breakthrough year" in 2014 for its cloud computing business.

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Italy's digital future seen at stake in battle for Metroweb

MILAN - A small company renting out optical fiber cables in Milan has become the subject of a fierce takeover battle between Telecom Italia and global mobile giant Vodafone, with a national high-speed fiber network seen as the ultimate prize.

Media 11:27am EST

Google looks to head off U.S. antitrust lawsuit over Android

SAN JOSE, Calif. - Google will try to persuade a U.S. judge on Thursday to dismiss an antitrust lawsuit over its Android smartphone operating system, as the Internet search company faces increased regulatory pressure from European authorities.

China's to sell Gap clothing, vying with Alibaba to woo Western brands

BEIJING - China's Inc has partnered Gap Inc to sell the U.S. clothing retailer's apparel online in China, as the Beijing-based e-commerce company goes head to head with Alibaba Group Holding Ltd to woo big foreign fashion names.

Deals, Media, China 5:02am EST

Telecoms tycoon Niel to buy Orange Switzerland for $2.9 billion

PARIS - Telecoms tycoon Xavier Niel's NJJ Capital has agreed to buy Swiss mobile operator Orange Switzerland from private equity group Apax Partners for 2.8 billion Swiss francs ($2.9 billion), Apax said in a statement.

Deals 5:49am EST

U.S. investigators link North Korea to Sony hacking: sources

WASHINGTON - U.S. investigators have determined that North Korea was behind a cyber attack on Sony Corp's computers, U.S. government sources said on Wednesday.

17 Dec 2014

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