LUXEMBOURG - Europe's second highest court upheld a decision on Wednesday by European Union regulators clearing Microsoft's $8.5 billion takeover of Skype in 2011, rejecting a challenge by the world's top network equipment maker Cisco Systems Inc.
Recent Technology News
SAN FRANCISCO - Investors piled into Twitter Inc for the second straight day, lifting its shares to more than $52 and setting a new intraday high on Tuesday even in the absence of any significant announcements from the social media debutante.
- An Indian court extended a hearing over local tax authorities' seizure of a Nokia factory by seeking information on the plant value, adding to concerns whether the company can transfer the property to Microsoft as part of the sale of its mobile phone business.
ROME - The board of Telecom Italia is not considering any plan to break up the company's Brazilian wireless unit TIM Participacoes, CEO Marco Patuano said on Tuesday.
LONDON - Imagination Technologies said slowdown at the top end of the smartphone market would hit the number of chips shipped using its graphics and video technology in the second half of the year, sending its shares down 15 percent.
BOSTON - Chinese hackers eavesdropped on the computers of five European foreign ministries before last September's G20 Summit, which was dominated by the Syrian crisis, according to research by computer security firm FireEye Inc
- U.S. budget deal could usher in new era of cooperation
- GM to halt car production in Australia, industry in crisis
- BOJ tankan seen showing improved business mood, capex
- Bank Coop says will participate in U.S. tax probe
- GM's new president Ammann out to prove he is not a 'bean counter'
- U.S. fund industry sees modest wins in final Volcker rule |
- RBS finance chief Bostock quits to join Santander UK
- GM shakes up auto industry men's club, naming first woman CEO |