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Israel approves Intel's $6 billion investment in chip plant

TEL AVIV - Israel's finance and economy ministries on Monday approved a plan by Intel Corp to invest $6 billion in the upgrade of its chip manufacturing plant, in what would be the largest single investment by a foreign company in the country.

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Microsoft delays launch of its Xbox One console in China

BEIJING - Microsoft Corp has delayed the launch of its Xbox One game console in China, which had been set for release on Tuesday, but the world's biggest software company said it would be released by the end of the year.

Media, China 21 Sep 2014

German union calls strikes again at Amazon warehouses

FRANKFURT - Workers at German warehouses of online retailer Amazon.com took strike action again on Monday as labor union Verdi pressed its demands in a long-running dispute over pay and conditions.

6:01am EDT

SoftBank estimates $4.6 billion gain from Alibaba listing

TOKYO - Japan's SoftBank Corp said it expected a gain of about 500 billion yen ($4.6 billion) from Alibaba Group Holding's share listing in New York, where the Chinese e-commerce leader surged 38 percent on its first day of trade.

Japan 21 Sep 2014

Facebook's Oculus unveils new virtual reality prototype device

LOS ANGELES - Facebook Inc's Oculus VR unit announced an upgraded prototype of its virtual reality headset that has higher resolution and built-in audio, but the company said it is not ready to sell a device to consumers.

Facebook 20 Sep 2014

When music stops for Oracle CEO dance, Catz may grab Ellison's chair : analysts

NEW YORK - If Larry Ellison sailed off on his yacht for good tomorrow, who would really run Oracle Corp ?

19 Sep 2014

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