The Motorola Mobility unit of Google was mostly defeated in the antitrust case it filed against LCD makers it had claimed colluded to fix prices, Bloomberg reported.

Tech giants Microsoft and Samsung are in talks to acquire stakes in a France-based online music startup and a video-sharing website, according to a report by French weekly Le Journal du Dimanche.

Apple and Samsung consented to have a mediator to help put an end to their patent disputes before their next trial will begin in March, Bloomberg reported.

Intel introduced wearable computing devices as it seeks to grow its operations beyond personal computers and tries to get back on track after missing the huge opportunity presented by smartphones, Reuters reported.

Apple Inc has asked a US District Court in California to ban the sales in the US of more than 20 smartphones and tablets of its rival Samsung Electronics, Bloomberg reported.

The Federal Trade Commission in a statement said the US government approved Microsoft Corp.'s acquisition of Nokia's mobile phone business on November 29. The European Union is set to decide on the matter on December 4.

Microsoft Corp. is set to secure a European Union (EU) approval for its proposed USD7.3 billion takeover of Nokia's mobile phone business. Regulators from various countries had already given the green light to the deal.

The following bids, mergers, acquisitions and disposals were reported on Wednesday including Telefonica Deutschland, Devon Energy, Metro AG, Devon Energy Corp and others

A block trade in Samsung Electronics raised $356 million from the sale of its preference shares. A day after the pronouncement of its long-term strategy, an undisclosed insitutional shareholder of the South Korean multinational Samsung Electronics has reportedly raised around W377.

Some investors expressed discontent at the investment plans of giant phone maker Samsung Electronics.