Technology News


Apple conspired to fix e-book prices: U.S. appeals court

NEW YORK - A divided federal appeals court on Tuesday upheld a judge's ruling that Apple Inc had conspired with five publishers to increase e-book prices, in a win for the U.S. Justice Department.

Recent Technology News

Sony to raise nearly $4 billion, ramp up sensors business to anchor turnaround

TOKYO - Japan's Sony Corp plans to raise nearly $4 billion via new shares and bonds to plough into image sensors as it reinvents itself as a niche component maker, pulling back from consumer goods like TVs that dragged it into losses.

4:44am EDT

Two Uber executives to go on trial in France on Sept. 30

PARIS - Two executives from California-based Uber will face trial in France on Sept. 30, the Paris public prosecutor said on Tuesday, part of a French crackdown on what the government calls an illegal taxi service.

2:29pm EDT

Samsung's Cheil, pitching $8 billion merger, pledges higher returns

SEOUL - Locked in a battle with an activist U.S. hedge fund, the Samsung Group's [SAGR.UL] de facto holding company sought to win support for a proposed $8 billion merger with a sister firm by pledging to bolster post-deal shareholder returns.

6:12am EDT

Cisco to buy OpenDNS for $635 million to boost security business

- Cisco Systems Inc said on Tuesday it would buy OpenDNS, a privately held cloud-based security firm, for $635 million, the latest move to boost its security business as cyber attacks increase in number and sophistication.

Deals, Cybersecurity 12:15pm EDT

Huawei says Honor brand on track to sell 40 million smartphones

BEIJING - Huawei Technologies Co Ltd's [HWT.UL] Honor brand has sold 20 million smartphones in the first half of 2015 and by should reach its goal of 40 million shipments by the year end, double the 2014 figure.

8:18am EDT