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FCC to vote to reform $45 billion business data market

WASHINGTON The Republican head of the Federal Communications Commission on Thursday proposed easing regulatory requirements in the $45 billion business data services market, a win for companies like AT&T Inc, CenturyLink Inc, Verizon Communications Inc and others.

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China's LeEco secures $2.2 billion for expansion from new investors

TAIPEI Chinese tech conglomerate LeEco has successfully raised nearly $2.2 billion from new investors including Tianjin Jiarui Huixin Corporate Management Company and property developer Sunac China Holdings , stock market filings on Thursday showed.

Deals, China 12:07pm EDT

Exclusive: Bullying, bonuses and a red flag that BT missed in Italy - sources

MILAN Three employees of BT Group's Italian unit warned their Madrid-based supervisor in November 2015 about possible accounting problems at BT Italy, one of the three said, a year before the phone company revealed financial irregularities at the division.

Italy 8:15am EDT

Coty says not against online sales, wants to protect luxury brands

LUXEMBOURG German beauty products maker Coty rejected claims that its distribution policies imply a blanket ban on online sales, arguing that its main concern was to safeguard the cachet of its luxury brands such as Marc Jacobs, Calvin Klein and Chloe.

11:42am EDT

U.S. awards AT&T contract to build wireless network for first responders

The United States on Thursday awarded a contract to AT&T Inc to build a nationwide wireless broadband network to better equip first responders, years after a federal commission recommended setting up such a system following the 9/11 attacks.

U.S., 11:00am EDT

After sale to Intel, Mobileye's founder raises sights on IPO for OrCam

JERUSALEM With the ink barely dry on the $15 billion sale of his autonomous driving technology firm Mobileye to Intel , inventive Israeli entrepreneur Amnon Shashua now has his sights set on taking another start-up public by the end of next year.

Deals 10:52am EDT

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