Google set to face record EU antitrust fine as soon as Tuesday: sources

PARIS EU antitrust regulators are likely to impose a record fine on Alphabet (GOOGL.O) unit Google over its shopping service as soon as Tuesday, two people familiar with the matter...

Yoox Net-a-Porter shares up sharply as traders cite Alibaba interest

MILAN Shares in Italian online fashion retailer Yoox Net-A-Porter were up almost 8 percent on Monday as traders cited reported interest from Chinese e-commerce giant Alibaba Group."There are reports Alibaba...

Seoul Semi says new 'Sun-like' LEDs could generate $400 million in sales by 2021

By Georgina Prodhan and Niamh Melvin | FRANKFURT FRANKFURT Leading LED...

Russia, upping pressure on Telegram app, says terrorists use it

MOSCOW Russia's FSB security service said on Monday that the Telegram messaging app had been used by terrorists to plot atrocities on Russian soil, increasing pressure on the service days...

Western Digital won't consent to SK Hynix participation in Toshiba chip unit sale

TOKYO Western Digital Corp (WDC.O) has told Toshiba Corp (6502.T) that it will not agree to a sale of the Japanese conglomerate's prized memory chip unit to a preferred bidding...

EU court seen ruling on Intel antitrust case next year: judge

PARIS Europe's top court is likely to rule on Intel's (INTC.O) appeal against a record 1.06 billion euro ($1.19 billion) EU antitrust fine next year, an EU judge said on...

Facebook in talks to produce original TV-quality shows: WSJ

Facebook Inc is in talks with Hollywood studios about producing scripted, TV-quality shows, with an aim of launching original programming by late summer, the Wall Street Journal reported on Sunday.The...

Short of IT workers at home, Israeli startups recruit elsewhere

TEL AVIV When Alexey Chalimov founded software design firm Eastern Peak in Israel four years ago he knew he would not find the developers he needed at home.He went to...

China agrees to stop cyberattacks on Canadian private sector: Globe and Mail

China has signed an agreement to stop conducting state-sponsored cyberattacks against the Canadian private sector, the Globe and Mail reported on Sunday, citing an official communiqué.The agreement was worked out...

Australia to seek greater powers on encrypted messaging at 'Five eyes' meeting

SYDNEY Australia said on Sunday it will push for greater powers to tackle the use of encrypted messaging services used by terrorists and criminals at an upcoming meeting of ministers...