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Charter agrees to buy Time Warner Cable for $56 billion

- John Malone's Charter Communications Inc struck a $56 billion deal to buy Time Warner Cable Inc, seeking to combine the third and second largest U.S. cable operators to better compete against market leader Comcast Corp.

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Amazon pays $16 million tax in Germany, while making $11.9 billion sales

LONDON - Internet retailer Amazon.com Inc.'s main German operating unit paid just 11.9 million euros ($16 million) in tax in 2014, despite the group recording $11.9 billion in sales to German customers last year, regulatory filings show.

8:36am EDT

EMC to buy Virtustream for $1.2 billion to expand cloud offerings

- Data storage products maker EMC Corp said it would buy privately held Virtustream for about $1.2 billion in cash to expand its cloud offerings.

9:21am EDT

Foxconn targets 10-12 facilities in India by 2020, chairman says

GUIYANG, China - Taiwan's Foxconn Technology Group, the world's largest contract electronics manufacturer, is aiming to develop 10-12 facilities in India, including factories and data centers, by 2020, company Chairman Terry Gou said on Tuesday.

7:52am EDT

Shake-up in key Samsung assets to cement heir's grip as succession looms

SEOUL - Samsung Group's de facto holding company on Tuesday sought another cornerstone as it reconstructs South Korea's biggest conglomerate to smooth the path for management succession, offering more than $8 billion to buy an affiliate with a key stake in flagship firm Samsung Electronics.

Deals, South Korea, 2:57am EDT

Plane safe? Hacker case points to deeper cyber issues

- Security researcher Chris Roberts made headlines last month when he was hauled off a plane in New York by the FBI and accused of hacking into flight controls via his underseat entertainment unit.

U.S., 25 May 2015