U.S. faces tough questions in Apple e-books antitrust appeal

A U.S. government lawyer faced tough questioning in an appeals court on Monday as he sought to defend a judge's ruling that Apple Inc conspired with five publishers to raise e-book prices.


Diverse allies rally for Microsoft in overseas data fight

Corporate lobbyists, news organizations and academics joined forces with Microsoft Corp on Monday in the software company's legal battle with the U.S. government over access to customer data stored overseas.

As Qualcomm decision looms, U.S. presses China on antitrust policy

U.S. President Barack Obama pressed China's Xi Jinping during recent talks on the use of Chinese antitrust policy to limit royalty fees for foreign companies, an issue at the heart of a probe into U.S. mobile chipset maker Qualcomm Inc.

Sony Pictures warns staff on fraudsters misusing stolen data

Sony Pictures Entertainment advised its current and former employees to be on the alert for fraudsters looking to use their stolen data, which included detailed personal information.


Latest News

Volvo Car Corp said it will start selling vehicles online as it rolls out new models to compete with German luxury rivals such as BMW (BMWG.DE).
Argentina has taken all the required steps so far to revamp its economic data but must still meet one more deadline as it seeks to bring the quality of its statistics in line with global standards, the International Monetary Fund's board said on Monday.
U.S. manufacturing output recorded its largest increase in nine months in November as production expanded across the board, pointing to underlying strength in the economy.
Chinese developer Dalian Wanda Commercial Properties Co Ltd will likely price its Hong Kong initial public offering in the upper half of expectations, IFR reported on Monday, citing a message from underwriters to investors.
Leaked emails reveal a cultural gulf between Japan's Sony Corp and Hollywood subsidiary Sony Pictures Entertainment, highlighting the challenge of CEO Kazuo Hirai to turn around the money-losing company under the slogan One Sony.
Some staff at Amazon warehouses in Germany started a new three-day strike on Monday to press their demands for better pay and conditions as the online retailer races to ensure Christmas orders are delivered on time.
China is unhappy with the U.S. spending bill passed by the House of Representatives last week, saying it contains discriminatory clauses that violate the rules of fair trade and "send the wrong signal".
Brent crude oil hit a fresh five-year low close to $60 a barrel on Monday after producer group OPEC restated its determination not to cut output despite a global fuel glut, but the North Sea benchmark later rallied to around $63.
Federal Reserve officials will decide this week whether to make a critical change to their policy statement that would widen the door for interest rate hikes next year and effectively bet the United States will continue to shine in a gloomy global economy.
Italian prime minister Matteo Renzi called on his ruling party on Sunday to unite behind measures he has pledged to breathe life into the euro zone's third-biggest economy after years in or near recession.
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