China state media calls for 'severe punishment' for Google, Apple, U.S. tech firms

Chinese state media lashed out at Google Inc, Apple Inc and other U.S. technology companies on Wednesday, calling on Beijing "to punish severely the pawns" of the U.S. government for monitoring China and stealing secrets.


Turkey lifts block on access to YouTube: official

Turkey's telecoms regulator removed an official order blocking access to YouTube (GOOGL.O) from its website on Tuesday after the country's top court ruled last week that the ban was a breach of human rights.

KKR to buy Internet Brands for $1.1 billion

Private equity firm KKR & Co LP said it would buy Internet Brands Inc, which operates CarsDirect and other websites, from private equity firms Hellman & Friedman and JMI Equity.

Apple allows 'approved' virtual currencies in Apps

Apple Inc will let software developers include virtual-currency transactions in their applications, paving the way for new forms of money to appear on iPhones and iPads.


Latest News

Fidelity Investments Contrafund, the largest mutual fund investor in Yahoo Inc, cut its stake in the Internet media company by 41 percent during the first four months of 2014, according to the fund's latest disclosure.
One of the founders of file-sharing website Pirate Bay has been arrested in southern Sweden to serve an outstanding sentence for copyright violations after being on the run for nearly two years, Swedish police said on Saturday.
Samsung Electronics Co Ltd (005930.KS) plans to launch the first smartphone based on its Tizen operating system in the third quarter, marking the company's latest bid to build up its own ecosystem and reduce reliance on Google Inc's (GOOGL.O) Android.
Transeastern Power Trust ("Transeastern" or the "Trust") is pleased to announce it has closed its initial public offering (the "Offering") of 11,045,800 units of the Trust (the "Units") at a price of $1.00 per Unit along with $11,763,000 aggregate principal amount of 7.5% convertible unsecured subordinate debentures (the "Debentures") for aggregate gross proceeds of $22,808,800.
Satellite TV operator Dish Network said it would accept bitcoin payments from customers from the third quarter, joining companies such as Overstock.com Inc and Zynga Inc in accepting the digital currency.
In an unprecedented, three-year cyber espionage campaign, Iranian hackers created false social networking accounts and a bogus news website to spy on military and political leaders in the United States, Israel and other countries, a cyber intelligence firm said on Thursday.
New Intel-based tablets from major brands will start hitting store shelves in June, and senior executives at the chipmaker hope the offerings will move it closer to an aggressive sales goal.
Chinese software companies such as Neusoft Corp and China National Software & Service Co Ltd (ChinaSoft) are picking up sales and expanding their marketing as China trades cyber spying accusations with the United States.
Facebook founder and CEO Mark Zuckerberg and his wife Priscilla Chan have pledged $120 million to Bay Area schools to help underserved communities in San Francisco, the two wrote in an essay to the San Jose Mercury News.
Turkish telecoms watchdog BTK said on Friday it had not yet received a ruling by Turkey's top court ordering the removal of a two-month block on video-sharing website YouTube