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Oracle's Ellison got $67.3 million as CEO in 2014

- Oracle Corp's Larry Ellison, who is stepping aside as CEO, received $67.3 million as compensation in that role in 2014, a 15.5 percent drop from a year earlier.

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Naver says held back Line IPO to further build business

SEOUL - Naver Corp held off on an IPO for its Line Corp unit on the belief that the messaging app operator can command a better valuation by further building its revenue and profit, Naver's chief financial officer told Reuters on Tuesday.

Media 7:56am EDT

Google to build 600 million euro data center in the Netherlands

AMSTERDAM - Google will build a 600 million euro ($773.58 million) data center in the northern Netherlands, the company said on Tuesday.

6:22am EDT

EU member states agree to deregulate voice markets

BRUSSELS - EU regulators are set to remove limits on the prices that leading telecoms firms such as Orange and Telecom Italia can charge smaller operators for accessing their networks, a European Commission source said on Tuesday.

Alibaba's Jack Ma rises to top of China rich list as tech tycoons gain

BEIJING - Jack Ma, executive chairman of Alibaba Group Holding Ltd , has become China's richest man with a fortune estimated at $25 billion, underscoring the ascension of tech tycoons over real estate peers in the world's second biggest economy.

China 3:49am EDT

Hemorrhaging talent, Infosys' new CEO allows staff to use Twitter, Facebook

MUMBAI - Infosys Ltd's new CEO has come up with a novel approach to reviving the financial fortunes of India's trailblazing outsourcing firm: use Facebook at work, tweet, but get the job done.

Facebook, Media 5:06pm EDT

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