Apple Inc asked a U.S. court on Tuesday to dismiss a civil lawsuit filed by battery maker A123 systems over engineers hired by Apple, saying A123's claims were too speculative to proceed, according to a court filing.
Sectors
China's SAIC Motor, Alibaba to invest $160 million in Internet-connected cars
Chinese auto maker SAIC Motor Corp Ltd said on Thursday it would join forces with e-commerce giant Alibaba Group Holding Ltd to invest 1 billion yuan ($160 million) in a fund to develop Internet-connected cars.
U.S. Fed slashes dividend plans of large Wall Street banks
Three major U.S. Wall Street banks had to scale back planned investor payouts after an annual check-up by the Federal Reserve, and two foreign banks failed the test altogether, a sign the Fed is keeping a tight lid on Wall Street.
IMF aims for 'immediate' stabilization with latest Ukraine bailout deal
The International Monetary Fund has agreed to pump $10 billion into Ukraine's troubled economy over the next year, providing swift assistance for the country's struggling finances as part of a larger four-year bailout.
Toyota to recall 112,500 U.S. vehicles on possible safety issues
Toyota Motor Corp's (7203.T) U.S. arm said it was recalling about 112,500 vehicles due to possible safety issues. The recall affects about 110,000 Camry, Camry Hybrid, Highlander and Highlander Hybrid vehicles of model year 2015, RAV4 vehicles of model year 2014-2015, and 2,500 RAV4 EV vehicles of model year 2012-2014, the company said on Wednesday.
Latest News
Silicon valley startup 21 Inc has raised $116 million in venture funding to help broaden the uses of bitcoin technology, the Wall Street Journal reported.
A federal judge in California on Tuesday invalidated four Hewlett-Packard Co patents for being too abstract, marking a setback in the company's patent infringement lawsuit against competitor ServiceNow Inc.
Dropbox, the popular online file storing system, said on Tuesday it has fixed a security flaw that could have allowed hackers to capture data stored in its service on Android devices via compromised third-party apps.
South Korea's Samsung Electronics Co Ltd has raised its production target for the new flagship Galaxy smartphones following positive market reception, the Electronic Times newspaper reported on Wednesday.
Four out of five global retailers and other merchants failed interim tests to determine whether they are in compliance with payment card data security standards, putting them at increased risk of cyberattacks, according to a new report by Verizon Communications Inc.
Software developers say it will not be easy to come up with a "killer app" for Apple Inc's Watch - few have seen the product and the software is still in test mode.
German carmaker Volkswagen will invest about $1 billion to expand its vehicle assembly plant in Mexico's Puebla state and prepare it for production of the new Tiguan compact crossover SUV, the company said on Monday.
Brent crude fell towards $58 a barrel on Tuesday as the dollar scaled multi-year highs, but data showing a recovery in China's annual consumer inflation checked losses.
EU finance ministers agreed the details of a 315 billion euro ($338 billion) investment plan on Tuesday to help revive the European economy without piling up more debt, and now aim to get the first projects going by the end of the year.
