Amazon unveils 3D 'Fire' phone

Amazon.com Inc's (AMZN.O) new cellphone seeks to offer shoppers instant gratification by recognizing thousands of products, television shows and songs and allowing users to immediately buy them - on the e-commerce giant's own site, of course.


Private equity buyouts in Asia take old risks with new money

A little over a month ago, a Texas power utility at the centre of the biggest leveraged buyout in history filed for bankruptcy, sunk by billions of dollars of debt that it took on after being acquired by a trio of top private equity names in 2007.

YouTube to launch paid music service

Google Inc's YouTube said on Tuesday that it plans to launch a paid streaming music service, amid criticism that its existing, free video website might block the music videos of labels that do not agree to its terms.

Failed bitcoin exchange Mt Gox gets U.S. bankruptcy protection

The failed Tokyo-based bitcoin exchange, Mt Gox, received court approval on Tuesday to begin Chapter 15 bankruptcy proceedings in the United States as it awaits approval of a settlement with U.S. customers and a sale of its business.


Latest News

British engineering company Rolls-Royce has signed a memorandum of understanding with Chinese nuclear reactor vendor SNPTC to cooperate on civil nuclear power projects in the UK and other markets.
Apple Inc reached an out-of-court settlement with U.S. states and other complainants in an e-book price-fixing class action lawsuit on Monday, effectively avoiding a trial in which the iPad maker faced more than $800 million in claims.
AT&T Inc will exclusively carry Amazon.com Inc's long-rumored smartphone that is expected to be launched on Wednesday, the Wall Street Journal reported, citing people familiar with the plans.
SoftBank Corp's venture capital arm is close to securing an investment in enterprise mobile company Kony Inc, and could announce a deal as soon as Tuesday, people close to the matter said.
Cellcom, Israel's largest mobile phone operator, said on Tuesday it will offer television services over the Internet as it seeks to look for new sources of revenue amid heavy competition in the cell phone market.
Vodafone (VOD.L) said on Monday it had agreed to buy an Italian provider of electronics services to the car industry for 145 million euros ($197 million) as part of its strategy to connect millions of devices such as cars and other machines.
Parents struggling to get their children away from smartphones and tablets for meals, homework, exercise and other activities can arm themselves with new apps to remotely block access to the devices.
Chinese e-commerce giant Alibaba Group Holding [IPO-ALIB.N] revealed the members of its 28-person partnership in its updated initial public offering prospectus on Monday.
In 2013, Oculus VR's booth at Electronic Entertainment Expo, the gaming industry's biggest annual convention, was relegated to a far corner of the showfloor near the restrooms.
Google Inc's futuristic eyeglasses are finding their way into hospitals and clinics throughout the United States. To meet the growing demand for Google Glass from physicians, Drchrono, a Mountain View, Calif., based electronic medical record company has developed a new application for the device it claims is the first "wearable health record."