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Microsoft cuts 7,800 jobs, reorganizes phone unit Microsoft announced plans to cut 7,800 jobs and write down the value of its struggling mobile phone division acquired last year from Nokia by some $7.6 billion.

09 July 2015

Netflix announces film release dates in star-studded rollout Netflix revealed its latest rollout of star-studded new films, with movies featuring Idris Elba, Adam Sandler and Michelle Yeoh topping its list of releases in the coming months.

08 July 2015

Facebook tests video ads in budding YouTube challenge Facebook on Thursday confirmed that it is dabbling in video ads and sharing revenue with content creators, in a move that would compete with Google-owned YouTube.

03 July 2015

Chinese Ambassador calls Kazakhstan to abandon Cold War mentality The Ambassador of China in Kazakhstan Zhang Hanhui assured Kazakhstan that it should not fear Chinese expansion in agriculture.

02 July 2015

Brazil's Petrobras slashes multi-year investment plan Brazil's state oil giant Petrobras slashed its five-year investment plan by a whopping 77 billion dollars -- as it tries to recover from a massive corruption scandal.

30 June 2015

Google self-driving prototype cars hit public roads Google said on Thursday that its self-driving prototype cars have taken to streets in the Silicon Valley city of Mountain View where it has its headquarters.

26 June 2015

Italian Nutella maker to buy British rival Thorntons The board of British chocolate maker Thorntons said it had agreed a takeover deal by Italian rival Ferrero that values the firm at about £111.9 million.

23 June 2015

Twitter CEO Costolo out as growth pressure mounts Twitter chief executive Dick Costolo is surrendering his post, handing the reins back to co-founder Jack Dorsey as the popular service struggles to boost its ranks of users.

12 June 2015

Murdoch unveils gradual exit from media empire Rupert Murdoch presented a succession plan at media-entertainment conglomerate 21st Century Fox, passing his chief executive job to his son James.

12 June 2015

Nestle challenges noodles ban in Indian court Nestle said it is challenging a ban imposed by India on its hugely popular Maggi instant noodles brand after tests showed they contained excessive levels of lead.

11 June 2015

Google launches company to tackle city life woes Google unveiled a company devoted to making a thriving business out of solving big-city problems such as overpriced housing and traffic-snarled streets.

11 June 2015

Apple aims to become online music powerhouse Apple made its play to shake up online music with a new subscription service allowing users to stream songs, listen to playlists and connect with performers.

09 June 2015

Apple expected to turn up the music dial on Monday Apple is expected to unveil a ramped up music service that builds on the iPhone maker's strengths in a challenge to Spotify, Pandora and other established players.

07 June 2015

Nestle pulls Maggi noodles after India safety scare Nestle said it was withdrawing its Maggi instant noodles from sale in India after a scare over excess lead content.

05 June 2015

IKEA to make home deliveries in all countries with stores Swedish furniture giant IKEA announced that it would expand its online sales service to include home deliveries in all countries where it has stores.

04 June 2015

Microsoft to buy German start-up behind Wunderlist app: report Microsoft has agreed to acquire 6Wunderkinder GmbH, a Berlin-based startup behind the Wunderlist to-do list app, for between $100-200 million.

02 June 2015

FIFA scandal: McDonald's, other World Cup sponsors concerned Key World Cup sponsors including McDonald's, Adidas and Budweiser expressed strong concerns after global football body FIFA was enveloped by a new corruption scandal.

28 May 2015

McDonald's Japan updates menu, prices after food scandals McDonald's Japan unveiled a limited revamp to its menu and pricing as the under-fire burger chain fights to restore its reputation

21 May 2015

Twitter-Google deal puts tweets in search results Google and Twitter announced a partnership Tuesday to display tweets in search results, renewing a tieup that ended in 2011.

20 May 2015

Netflix stock lifts on China rumors Netflix shares surged after news reports that the streaming television giant was in talks to begin operations in China.

16 May 2015

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