North America
Lion Capital sends letter to American Apparel urging it to explore options
The board of American Apparel Inc (APP.A) has received a letter from British buyout firm Lion Capital, pushing it to explore strategic options include a sale, a source familiar with the situation said on Sunday.
For Qualcomm, China settlement may be just the beginning
The settlement of China's anti-trust probe into Qualcomm Inc is likely to intensify global scrutiny of the firm's highly profitable patent licensing business, and may even call into question its worldwide contracts with smartphone makers such as Apple and Samsung.
Sony says PlayStation still has problems, gradually coming back online
Sony Corp's (6758.T) PlayStation Network suffered connection problems for a fourth straight day since hackers attacked the video game network, and the company said on Sunday that service was gradually being restored.
Apple makes 'The Interview' movie available on iTunes
Apple Inc (AAPL.O) said its iTunes store is now carrying Sony Corp's (6758.T) "The Interview", the film that angered North Korea and triggered a cyberattack against the studio.