Microsoft would use solar power and white space for the cheapest broadband in South Africa.
Microsoft South Africa would finance a new trial that would provide internet connectivity.
Investors
Dialog Semiconductor reports two-month record high after strong iPhone sales
Apple Inc's German supplier reported a two-month record high after the sales of iPhones surpassed the estimates of analysts.
Federal Reserve says GMAC Mortgage will pay USD 230 million to borrowers
The Federal Reserve said that Ally Financial Inc.'s GMAC Mortgage will pay a total of USD 230 million to borrowers as settlement for handling foreclosures improperly.
Defense says Cohen not aware of employees' actions in SEC civil case
SAC Capital Advisors' CEO Steven A. Cohen's lawyers will contend he does not have time to look into each of his employees activities to argue his lack of liability over a civil complaint.
Source says Publicis and Omnicom in talks about possible merger
A source revealed that Publicis and Omnicom are in late-stage talks about a merger of equals. Two of the world's largest advertising firms are said to be in private talks about a possible merger.
Latest News
Apple is gearing for a Chinese invasion. Apple was expected to introduce a new and cheaper iPhone model to the world soon. This cheaper iPhone will also have a bigger screen, something which has been a staple of Samsung offerings.
The report stating Samsung beat Apple in China was false. A report by Melanie Lee and Miyoung Kim for Reuters stated that Samsung beat Apple in China. However, another report from CNNMoney written by Philip Elmer-DeWitt claimed that the real situation in the Chinese smartphone market was actually different.
The European Commission accepted the book publisher's pledge to end its ebook deals with Apple that breached EU laws on competition.
For the first time since 2011, the Spanish unemployment rate fell. Spain's unemployment rate dropped for the first time in two years. From a high of 27.
India's Lanco Infratech Inc said that they are currently in discussion regarding the restructuring of the company's debt.
Liberty Global increased their stakes in Ziggo from 12.65% to 28.5%. Liberty Global announced that they have increased their stake in the Dutch cable operator Ziggo.
Facebook is doing a good job, but I’d rather look at other companies first, according to Chris Hobbart of Hobbart Financial Group.
After a sleepy first half this year, capital goods spending arose last month, bolstering hopes of faster economic growth.
Herve Gisserot replaces Mark Reilly as GSK's head of operations in China in the wake of the bribery scandal faced by the pharmaceutical company.
