India's Supreme Court on Wednesday found Anil Ambani, chairman of debt-laden Reliance Communications (RCom), guilty of contempt of court for wilfully failing to pay 5.5 billion rupees ($77.29 million) to telecom equipment maker Ericsson.
German software maker SAP will be launching a hiring initiative in March despite slowing growth in recent months and a new restructuring program, as staff acquisition is a long-term process, its personnel chief said in an interview.
China's Tencent Holdings has provided a detailed review of its investment performance for the first time, saying 2018 was its best year and vowing to look for more opportunities despite a challenging outlook and concerns it is losing focus.
Microsoft Corp on Wednesday said it will offer its cyber security service AccountGuard to 12 new markets in Europe including Germany, France and Spain, to close security gaps and protect customers in political space from hacking.
China's top content regulator has asked local authorities to stop submitting requests to monetize new video games, while it processes a backlog of applications built up after a lengthy pause last year, three people with knowledge of the matter said.
China's Tencent Holdings will not scale back on investments this year after a record high of 16 companies it invested in launched IPOs last year, President Martin Lau said at a closed-door investor conference in Beijing.
India's Supreme Court said on Wednesday that Reliance Communications chairman Anil Ambani willfully did not pay 5.5 billion rupees to Swedish telecom equipment maker Ericsson, holding him guilty in a contempt of court case.
Qualcomm Inc is urging U.S. trade regulators to reverse a judge's ruling and ban the import of some Apple Inc iPhones in a long-running patent fight between the two companies.
China's top content regulator has asked local authorities to stop submitting requests to monetize new video games while it processes a backlog of applications built up after a lengthy pause last year, three people with knowledge of the matter said.
Elon Musk's Tesla Inc is preparing to launch its leasing products for Model 3 to boost demand, news website Electrek said on Tuesday, citing an email sent to employees.
Elon Musk's Tesla Inc is preparing to launch its leasing products for Model 3, news website Electrek said on Tuesday, citing an email sent to employees.
Online lender LendingClub Corp forecast a bigger-than-expected first-quarter loss on Tuesday and revenue that missed Wall Street estimates, sending the company's shares down 9 percent in after-market trading.
Online lender LendingClub Corp reported a smaller quarterly loss on Tuesday, on the back of higher loan originations.
Facebook is not currently in EU regulators' crosshairs but it may well be in future because of the crucial role played by data, Europe's antitrust chief said on Tuesday.
Alphabet Inc's Google said on Tuesday it will buy data migration company Alooma, as part of efforts to catch up with bigger cloud service rivals Amazon.com Inc and Microsoft Corp.
Netflix Inc said on Tuesday it is creating a production hub with two studios in Toronto that is expected to create 1,850 jobs per year.
Poland should form a consortium of private and state companies to develop 5G network infrastructure to ensure lower costs and better protection from security threats, the chief executive of Poland's state-owned telecom group Exatel said.
Germany's government is still in talks on whether China's Huawei will be allowed to participate in building the country's high-speed internet infrastructure, German Economy Minister Peter Altmaier said on Tuesday.
Amazon.com Inc's Chinese joint venture is in talks about a merger with local e-commerce firm Kaola, which sells imported products in the Asian country, business magazine Caijing reported on Tuesday.
Atomico-backed Finnish startup Varjo on Tuesday launched its top-of-the-range virtual reality headset, aiming to take VR technology to the aerospace and automotive sectors.
