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China's Xiaomi shifts some smartphone user data out of Beijing on privacy concerns

BEIJING - Fast-growing Chinese smartphone maker Xiaomi Inc said on Thursday it is migrating some data on non-Chinese customers away from its servers in Beijing due to performance and privacy considerations.

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Yelp.com owner fourth-quarter revenue forecast misses expectations

- Yelp Inc, operator of consumer review website Yelp.com, forecast current-quarter revenue below analysts' average estimate, sending its shares down as much as 14 percent after the bell.

Media 22 Oct 2014

Early Apple computer sells for $905,000 at auction

- One of the few remaining examples of Apple Inc's first pre-assembled computer, Apple-1, sold for $905,000 at an auction in New York on Wednesday, far outstripping expectations.

Media 22 Oct 2014

Lufthansa close to deal with IBM for IT infrastructure unit

BERLIN/FRANKFURT - German airline Lufthansa is close to a deal to sell its IT infrastructure unit to IBM , including an outsourcing agreement for the services, as part of a shake-up of its technology activities, it said on Wednesday.

Apple CEO discusses security with top Chinese official amid hacking claims: Xinhua

BEIJING - Apple Inc Chief Executive Tim Cook discussed user data security at a meeting on Wednesday with a top Chinese government official in Beijing, the official Xinhua news agency reported.

22 Oct 2014

Big Tech winning battle with 'patent trolls'

- For two decades, companies that buy software patents to sue technology giants have been the scourge of Silicon Valley. Reviled as patent trolls, they have attacked everything from Google's online ads to Apple's iPhone features, sometimes winning hundreds of millions of dollars.

Media 22 Oct 2014

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