Friday, February 27, 2015
Apple has been ordered to pay nearly US$533 million by a federal jury that found Apple's iTunes music store uses software that infringes on patents held by a Texas company.
Sales of new U.S. homes were basically flat in January, evidence that recent job gains and relatively low mortgage rates have yet to spur the real estate market.
Google is releasing a set of tools designed for businesses and employees who want to get work done on Android-powered smartphones, setting up a skirmish on another key front of mobile computing.
Qantas Airways Ltd. on Thursday posted a AU$206 million (US$162 million) profit for the first six months, rebounding from a US$2.6 billion loss for the year.
Target Corp. delivered a cautious profit outlook for the first quarter and reported a loss in its fourth quarter, dragged down by costs to end its money-losing foray in Canada.
Motorola is updating its low-cost smartphone, the Moto E, as it targets first-time smartphone buyers worldwide.
Global stocks were mostly higher Thursday on upbeat corporate earnings and rising Chinese factory output after the chairwoman of the U.S. Federal Reserve said it will be patient about increasing interest rates.
Dalian Wanda Group is interested in purchasing a 30 percent stake of Italian soccer team AC Milan, as the company continues its shopping spree to build a sports empire in Europe.
Samsung Electronics Vice Chairman Lee Jay-young is making a big push to absorb young tech firms around the world as part of efforts to create new software and service offerings and finally secure new revenue sources.
Germany's economy, Europe's largest, is showing more signs of strength, with new figures released Thursday showing consumer confidence at a 13-year high and unemployment declining further.